The Industrial Noise Control by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Industrial Noise Control, The industrial noise control market size has grown steadily in recent years. It will grow from $5.01 billion in 2023 to $5.23 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to industrialization and manufacturing growth, occupational health and safety regulations, increased awareness of noise-induced health issues, demand for community noise reduction in industrial areas, increased industrial noise pollution.
The industrial noise control market size is expected to see strong growth in the next few years. It will grow to $6.43 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to rising focus on employee well-being and productivity, adoption of stricter noise regulations, integration of smart and adaptive noise control solutions, expansion of industrial activities in urban areas, technological advancements in acoustical materials. Major trends in the forecast period include advancements in noise control technologies, implementation of iot for real-time noise monitoring and control, use of composite materials for lightweight and effective noise control, increasing demand for green and sustainable noise control measures, collaboration between industrial noise control providers and manufacturers for tailored solutions..
The proliferation of the manufacturing sector is expected to propel the growth of the industrial noise control market going forward. The manufacturing sector refers to the industry that engages in the creation or manufacture of goods using equipment, labor, machines, tools, and chemical or biological treatments or formulations. Manufacturers are increasingly relying on industry noise control methods as the manufacturing sector has been consistently growing in recent years. For instance, as per data by the United Nations Industrial Development Organization, there has been an increase of 9.4% in global manufacturing production in 2021. Also, according to the Federal Reserve, a US-based bank, there has been a growth of 4.9% year on year in manufacturing production in the United States as of 2022. Therefore, the proliferating manufacturing sector is driving the growth of the industrial noise control market.
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The industrial noise control market covered in this report is segmented –
1) By Product Type: Flexible, Rigid, Vibration Isolation
2) By Material Type: Polymer and Composite, Glass, Metal, Fabric
3) By Application: Internal Noise Control, External Noise Control
4) By End User: Manufacturing, Construction and Mining, Healthcare, Other End-Users
Innovations in noise control technology have emerged as the key trend gaining popularity in the industrial noise control market. Major companies operating in the industrial noise control market are focused on the development of innovative technology to strengthen their position in the market. For Instance, in January 2021, Silentium, an Israel-based innovative noise reduction product, and solutions company developed innovative technology to reduce noise in industries and other workplaces. The company developed an innovative tool that uses Active Noise Cancellation (ANC) technology and uses a Silentium ANC software that provides active acoustics simulation. This technology helps reduce noise at the workplace thereby reducing workplace injuries and accidents caused due to noise, reducing noise-induced stress, and improving the overall productivity of employees. The development of this innovative technology by Silentium is another step forward in the industrial noise control market.
Major players:
- Sound Seal Inc.
- Sintesi plc
- Ventac Co. Ltd.
- Cellofoam GmbH & Co.
- R Kohlhauer GmbH
The industrial noise control market report table of contents includes:
1. Executive Summary
2. Industrial Noise Control Market Characteristics
3. Industrial Noise Control Market Trends And Strategies
4. Industrial Noise Control Market – Macro Economic Scenario
5. Global Industrial Noise Control Market Size and Growth
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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