Global Noise Control System Market Targets US$ 10.3 Billion Valuation by 2033 with a Steady 4.8% CAGR | FMI Reports


North America leads the global noise control systems market, while Asia Pacific is expected to see significant growth and maintain a strong position. Other regions are also contributing to market growth, creating opportunities for manufacturers.

FMI_123

The global noise control system market, which reached a valuation of US$ 6.4 billion in 2023, is poised for a resilient journey of recovery and expansion. Forecasts indicate a significant resurgence, with the market expected to exceed US$ 10.3 billion by 2033, maintaining a consistent Compound Annual Growth Rate (CAGR) of 4.8% from 2023 to 2033. This upward trajectory underscores the industry's adaptability and resilience in overcoming challenges.

Despite facing significant obstacles during the widespread Covid-19 crisis, including a temporary downturn in demand for noise control systems, the market has exhibited remarkable resilience. The pandemic disrupted various sectors, impacting construction projects, manufacturing, and commercial activities. However, global manufacturers responded with innovative strategies to mitigate the crisis's effects, demonstrating their commitment to overcoming setbacks and propelling the industry forward.

Request Sample Report And Gain Invaluable Insights. https://www.futuremarketinsights.com/reports/sample/rep-gb-4629 

Key Trends in Industrial Noise Control Units: Polymer & Composites, Vibration Isolation, and Sales Analysis

Polymer and composites are the preferred materials for manufacturing industrial noise control units due to their superior soundproofing properties compared to glass, metal, and fabric. Recent advancements in composite materials offer biodegradability and recyclability, boosting sales.

Vibration isolation units, crucial for minimizing the impact of vibrations on industrial machines, are highly sought after. Over 80% of industrial noise control units sold by 2020 were equipped with vibration isolation units.

Among different vibration isolation units, isolation mounts saw higher sales in 2020 and are expected to maintain this trend due to ongoing advancements and efficiency improvements.

Flexible noise control units accounted for the second-highest sales during the forecast period, as both flexible and rigid units effectively address noise pollution issues in the industrial sector.

Industrial Noise Control Trends: Internal vs. External Applications, Manufacturing Dominance, and Regional Demand

  1. Internal vs. External Applications: The FMI study reveals that the demand for industrial noise control units for internal noise control applications surpasses that for external noise control. Increased sound levels in workplaces and residential areas are linked to adverse health effects like hearing impairment, sleep disturbances, and more. This knowledge is driving sales of industrial noise control units for internal noise control.
  2. Addressing Environmental Noise: Growing awareness about environmental noise's health impact drives measures to tackle external noise sources. The FMI predicts that the adoption of industrial noise control for external noise control will grow at a CAGR of over 3.9%.
  3. Manufacturing Sector Dominance: The manufacturing sector remains a key user of industrial noise control units. Various industries such as electronics, machinery, automotive, and metals integrate noise control measures to maintain noise levels within OSHA standards and prioritize employee well-being.
  4. Continued Demand in East Asia: East Asian countries, including China, Japan, and South Korea, witnessed significant demand for industrial noise control units in 2020. Europe closely followed East Asia in terms of sales volume.
  5. China's Leading Role: China maintains its position as a leading consumer of industrial noise control units in East Asia. The country's robust manufacturing sector contributes to the substantial demand for noise control solutions. In Europe, Germany, France, and the UK were major contributors to regional demand in 2020.

Market Competition: Innovation and Product Certification Drive Noise Control System Manufacturers

Key players such as Saint Gobain, Armstrong World Industries, Inc, USG Corporation, GP Industries Ltd, Knauf Insulation Inc., SIAC PTE LTD, Kinetics Noise Control, Inc., QUIET STONE UNITED KINGDOM LTD, Acoustical Surfaces, Inc., Acoustical Solutions Llc, Noise Barriers, LLC, and others in the noise control system market are strategically focusing on product innovation and obtaining certifications. These efforts aim to offer an enhanced range of noise control solutions, attracting and retaining customers in the competitive landscape.

Seize the Opportunity – Buy Your Comprehensive Report Now. https://www.futuremarketinsights.com/checkout/4629 

Noise Control System Market Segmentation:

By Product Type:

  • Acoustic Panels
  • Acoustic Tiles
  • Sound Curtains
  • Acoustic Surface
  • Sound Insulating Flooring
  • Sound Barrier Walls
  • Baffles
  • Sound Blanket
  • Sound Doors

By Material Type:

  • Fiberglass
  • Wood
  • Plastic Sheets
  • Concrete
  • Other

By Application:

  • Residential
  • Industrial
  • Commercial

By Regions:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA 

Dive Into Custom Reports To Make The Most Of Opportunities In Regional Segments. https://www.futuremarketinsights.com/customization-available/rep-gb-4629

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market.

Contact Information

Future Market Insights, Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware, USA
19713
United States
Phone : +1-845-579-5705
View website

Published in

Business , Business

Published on

Feb 19, 2024

Social Links