A new study by Future Market Insights (FMI) finds that industrial noise control market is expected to grow at a CAGR over 3.7% between 2021 and 2031. Key factors influencing the growth of industrial noise control market include,
- Growing awareness of harmful levels of industrial noise
- Increasing emphasis on the protection of workers and employees from noise pollution
- Stringent environment regulation related to industrial noise control
- Incorporation of integrated noise control technologies in advanced industrial machinery
The industrial noise control industry is witnessing a shift toward biodegradable materials over traditional materials. Manufacturers are incorporating green and sustainable materials in design and development of industrial noise control units to align with the ongoing sustainability trend.
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The demand for noise control systems went through a negative phase amid the spread of the Covid-19 crisis. The sales level in this market witnessed a downturn creating potential losses for the global manufacturers. As the condition is normalizing in 2021 due to strong and stringent government efforts, the top manufacturers are trying to recuperate the losses incurred through product diversifications and innovations.
Prominent manufacturers including 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 and others are focusing on product innovations and product certifications for ensuring improved varieties of noise control systems to attract and retain the customers.
The well-known manufacturers are adopting contracts and agreements, research & developments, technological advancements, and mergers & acquisitions to maintain and strengthen their respective market shares globally.
For instance, in March 2021, Kinetics Noise Control Inc. announced the launch of KNP-E a cost-effective, metal acoustic panel to the current line-up of Kinetics KNP panels. The KNP-E is a rigid sound absorber option that achieves the acoustical and durability performance of the standard KNP panels. This KNP panel lowers costs by folding on two sides and utilizing top channels for installation.
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By Segment:
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
In addition to this, in December 2020, Armstrong World Industries, Inc. announced the acquisition of 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.
In terms of growth, North America holds a dominant share in the global noise control systems market. Asia Pacific region is projected to grow prominently and is expected to retain their commanding position throughout the course of the forecast period. All the other key regions are driving the market growth and opening various opportunities for manufacturers.
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Key Players:
Quieter equipment is more beneficial and economical over a period of time and a number of companies such as YAMAHA Corp., Warner Howard, Mitsubishi Electronic Corp., Whirlpool, and Sharp Electronics Corp. have focussed their attention on making ever-quieter products. Industrial equipment, household appliances, and the transportation industry stand to benefit the most from this, thereby boosting the noise control system market.