Noise Control System Market Comprehensive Study Explores Huge Growth 2031 | FMI
2021 Analysis and Review: Noise Control System Market by Material Type – Fiberglass, Wood, Plastic Sheets, Concrete for 2021-2031
Dubai, United Arab Emirates – July 13, 2021 /MarketersMedia/ —
The global noise control system market is anticipated to expand at 3.7% CAGR in forecast period 2021-2031. As per Future Market Insights (FMI), the market will continue showcasing steady growth driven by the increasing focus on reducing noise pollution witnessed across various industries.
Stringent regulations implemented by governments to curb noise pollution especially in and around localities that have hospitals will push growth in the market. Sales are projected to soar in response to the increasing use of computer numeric control machines.
However, to use such advanced solutions, specific barrier is required to isolate vibrations. This has created attractive prospects for deployment of industrial noise control systems. Besides this, focus on technologies offering noise cancellation will surge to offer improved care to patients with chronic ailments.
According to the FMI study, inclusion of soundproofing and noise cancellation technologies in automobiles will create opportunities for growth in the market. Noise control systems are often installed in vehicles to help both driver and passengers to enjoy a peaceful and comfortable ride.
Besides these, various industries have been adopting novel technologies for noise cancellation. Industrial machinery, ventilation systems, and equipment motors can create enough noise pollution. Noise control systems are often installed in industries to curb noise produced from these machineries.
“Rising noise levels at workplaces and other commercial or residential places can have negative effect on human health and cause sleep disorders, hypertension, and other conditions. Increasing awareness about harmful effects of noise pollution is contributing towards the growth of the market,” said an FMI analyst.
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Key takeaways:
North America is dominating global noise control systems market surging at 5.8% CAGR in forecast period.
Increasing focus on curbing noise pollution is driving sales in China.
Germany, followed by France and U.K. account for maximum share of noise control systems sales registered in Europe.
The demand for industrial noise control units will continue rising in response to the implementation of stringent regulations to curb noise pollution and ensure safe working environment for employees and staffs.
Growth drivers:
Increasing awareness about harmful effects of industrial noise will improve market growth.
Increasing emphasis on the protection of workers and employees from noise pollution will drive market growth.
Stringent environment regulation implemented to curb noise pollution will fuel the demand for noise control systems.
Incorporation of integrated noise control technologies in advanced industrial machinery will drive market growth.
Key restraints:
Development of advanced industrial machineries integrated with noise cancelation technologies can impede the market growth in the future.
High cost of installation and power consumption is restraining noise control system market.
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Competitive landscape:
Manufacturers are offering technological advancements and mergers & acquisitions to strengthen their global footprint. For instance,
In March 2021, Kinetics Noise Control Inc. launched KNP-E, a cost-effective metal acoustic panel to current line up kinetics KNP panels. The KNP-E is a rigid sound absorber which gains acoustical and durability performance of the standard KNP panels. This KNP pane reduces cost by folding on two sides and utilizing top channels for installation.
In December 2020, Armstrong World Industries, Inc. collaborated with Arktura, LLC, a designer and fabricator of ceilings, walls, partitions, and facades. Arktura’s capabilities will further strengthen AWI’s robust portfolio of architectural specialty solutions along with its design capabilities across its entire enterprise.
Some of the leading players operating in the market are:
Saint Gobain, Armstrong World Industries, Inc.
USG Corporation
GP Industries Ltd
Knauf Insulation Inc.
SIAC PTE LTD
Kinetics Noise Control, Inc.
QUIET STONE UK LTD
Acoustical Surfaces, Inc.
Acoustical Solutions LLC
Noise Barriers, LLC
More Insights on the Noise Control System Market
Future Market Insights, in its new offering, provides an unbiased analysis of the noise control system market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the market with a detailed segmentation, which includes:
Product Type
Acoustic Panels
Acoustic Tiles
Sound Curtains
Acoustic Surface
Sound Insulating Flooring
Sound Barrier Walls
Baffles
Sound Blanket
Sound Doors
Material Type
Fiberglass
Wood
Plastic Sheets
Concrete
Other
Application
Residential Noise Control System
Industrial Noise Control System
Commercial Noise Control System
Regions
Asia Pacific Excluding Japan (APEJ)
North America
Latin America
Western Europe
Eastern Europe
MEA
Japan
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Key Questions Covered in the Report
How will the noise control system market expand through 2031?
Which top manufacturing companies are leading the global noise control system market?
What are the key drivers and trends that will stimulate the noise control system market?
What are the challenges that will affect the sales of noise control system market?
Which region will remain the most lucrative throughout the forecast period?
Contact Info:
Name: Abhishek Budholiya
Email: Send Email
Organization: Future Market Insights
Website: https://www.futuremarketinsights.com/reports/noise-control-system-market
Source: MarketersMedia
Release ID: 89035753
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