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Acoustic Camera Market Trends

  • Report ID: GMI8749
  • Published Date: Mar 2024
  • Report Format: PDF

Acoustic Camera Market Trends

The market is witnessing the growing incorporation of Artificial Intelligence (AI) and Machine Learning (ML) technologies into acoustic camera systems. AI-powered embedded systems can analyze vast amounts of data in real time, automate decision-making processes, and improve situational awareness on the battlefield. These technologies enhance the capabilities of acoustic cameras, enabling applications such as autonomous vehicles, predictive maintenance, threat detection, and mission planning. In the past few decades, the region's manufacturing sector has expanded significantly.
 

According to the World Bank, the value added by the manufacturing industry to the GDP of the East Asia & Pacific region increased to 25%. Manufacturers from the area are adopting new manufacturing techniques to reduce costs, save time, increase efficiency, and improve product quality. The growing number of manufacturing facilities across various industries and rising noise levels from multiple manufacturing plants and their associated discomfort to humans are expected to boost the demand for acoustic camera solutions in this region.
 

Size, Weight, Power, and Cost (SWaP-C) optimization is becoming increasingly important in the acoustic camera market. Defense agencies are seeking to deploy more capable and sophisticated systems in constrained environments, emphasizing the reduction in the size, weight, power consumption, and cost of embedded systems. Advancements in semiconductor technology, miniaturization, and energy efficiency enable the development of compact, lightweight, and energy-efficient acoustic camera systems without compromising performance or functionality. SWaP-C optimization enables greater mobility, flexibility, and scalability in military operations.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The acoustic camera market was valued at over USD 190 million in 2023 and is estimated to register over USD 400 million by 2032, owing to the demand for enhanced situational awareness across military operations, industrial monitoring, and environmental surveillance.

The automotive segment accounted for a market share of over 23% in 2023 and will continue to drive the demand through 2032, owing to the use of acoustic cameras to address various challenges & requirements related to vehicle Noise, Vibration, and Harshness (NVH) analysis as well as other acoustic engineering tasks.

Asia Pacific acoustic camera accounted for a revenue share of over 35% in 2023 and will showcase impressive growth trends through 2032, propelled by a vast population base and an increase in disposable income.

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Acoustic Camera Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 279
  • Countries covered: 22
  • Pages: 230
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