The industrial noise control global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Industrial Noise Control Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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..
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Scope Of Industrial Noise Control Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
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.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
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
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Regional Insights –
Asia-Pacific was the largest region in the industrial noise control market share in 2023. The regions covered in the industrial noise control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the industrial noise control market report are Sound Seal Inc., Sintesi plc, Ventac Co. Ltd., Cellofoam GmbH & Co. KG, R Kohlhauer GmbH, Pyrotek Inc., ArtUSA Industries Inc., KSM Group, Shaver Industries Inc., Merford Holding BV, REBLOC GmbH, Durr Universal Inc., Bbm Akustik Technologies GmbH, Technofirst SA, Stopson Italiana SpA, Total Vibration Solutions Ltd., Kinetics Noise Control Inc., Linder GmbH, Classic Soft Trim Inc., Enoise Control Inc., Iac Acoustics Holdings Inc., Noise Barriers LLC, Acoustical Solutions Inc., Eckel Industries, Industrial Noise Control Inc., Noise Control Engineering LLC, Vibro-Acoustics A Swegon Group Company, Acoustics First Corporation, Acoustical Surfaces Inc., Noise Control Systems Ltd.
Table of Contents
1. Executive Summary
2. Industrial Noise Control Market Report Structure
3. Industrial Noise Control Market Trends And Strategies
4. Industrial Noise Control Market – Macro Economic Scenario
5. Global Industrial Noise Market Size and Growth
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31. Global Industrial Noise Market Competitive Benchmarking
32. Global Industrial Noise Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Industrial Noise Market
34. Industrial Noise Market Future Outlook and Potential Analysis
35. Appendix
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