Industrial Noise Control Market Size, Share, Growth Drivers, Regional Analysis and forecasts to 2030
Industrial Noise Control Market Highlights:
The industrial noise control is a noise-prevention system to
reduce the noise level from the industrial machines. The industrial noise control system is applied as an
integrated enclosure, complete enclosure, and partial acoustic enclosure. It is
primarily used in the manufacturing industries, which entail the use of
industrial machinery, metal processing, electrical & electronics equipment,
and automotive.
industrial noise control market will witness a market value
of USD 5 Billion and a CAGR of 4.5 % in the
forecast period between 2025 to 2030
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The global increase in the industrial & manufacturing
facilities in the emerging economies and stringent government norms to prevent
the industrial noise pollution are the main driving factors for the global
industrial noise control market. Also, the rise in concerns regarding workplace
safety and industrial noise pollution further enhance the demand and sales for
the industrial noise control system in the global market. However, the high
cost of the overall industrial noise control system and limited availability of
high-grade quality of material are expected to hamper and slow down the growth
of the global industrial noise control market. Furthermore, the volatility in
the price of the raw materials is one of the key challenges for the growth of
the market during the forecast period.
The global industrial noise control market is segmented into
product type, material type, application, and end-use industry. The product
type segment is further segmented as flexible, rigid, and vibration isolation.
The flexible type industrial noise control segment is expected to be the largest
market share in 2018. The material type segment is sub-segmented into polymer
& composites, glass, metal, and fabric. The polymer & composites
segment is expected to be the largest market share in 2018. The application
segment is sub-segmented into internal noise control and external noise
control. The internal noise control segment is expected to be the largest
market share in 2018. The end-use industry segment is sub-segmented into
industrial machinery, metal processing, electrical & electronics equipment,
automotive, construction & mining, healthcare, and others. The industrial
machinery segment is expected to be the largest market share in 2018.
Market Research Analysis
In terms of region, the global industrial noise control market has been segmented
into North America, Europe, Asia-Pacific, and the Rest of the World. In 2018,
Asia-Pacific is expected to hold for the largest market share and further
expected to dominate the global industrial noise control market in terms of
market size and CAGR during the forecast period. The growth of the region is
primarily due to the rapid growth of foreign investments for manufacturing and
industrial plants, further it is growth in the metal processing industries
along with the introduction of mandatory industrial noise control systems in
China, Japan, South Korea, and Australia.
Such factors are expected to influence the market size of
the industrial noise control in the region. The countries such as China and
India are the main exporters for the system in the global market to the
developed nations such as the US, the UK, and Germany. This is also expected to
increase the domestic demand from the SME and large industries for the
incorporation of industrial noise control system. In North America, the US is
expected to be the largest shareholder in the market of industrial noise
control, where Mexico is expected to grow at the highest CAGR during the
forecast period owing to the increase in the installation of manufacturing
plants from the tier 1 companies such as Ford Motor Company and Coca Cola.
In Europe, Germany, France, and Italy are the main importers
for the industrial noise control materials owing to the stringent government
norms and standards in the domestic region. It is expected that Germany will
hold the largest market share and Italy is expected to hold the highest CAGR in
the global industrial noise control market during the forecast period. In the Rest
of the World, South America is expected to be the highest market share followed
by the Middle East & Africa. The growth of South America is primarily owing
to the expansion of the industrial sector and growth in the construction &
mining in Brazil and Argentina. In 2018, it is expected that South America will
account for the largest market share in terms of value and volume in the
industrial noise control market in the rest of the world.
Scope of the Report
This study provides an overview of the global industrial noise control market growth, tracking four
market segments across four geographic regions. The report studies key players,
providing a six-year annual trend analysis that highlights market size, volume,
and share for North America, Europe, Asia-Pacific, and the Rest of the World.
The report also provides a forecast, focusing on the market opportunities for
the next six years for each region. The scope of the study segments the global
industrial noise control market by product type, material type, application,
end-use industry, and region.
Key Players
The leading players in the Global Industrial Noise
Control Market include Sintesi plc (Italy), Ventac Co. Ltd (Ireland), Pyrotek
(US), KSM Group (Malaysia), Cellofoam GmbH & Co. KG (Germany), ArtUSA
Industries, Inc. (US), Sound Seal Inc. (US), Merford Holding b.v. (The
Netherlands), R.Kohlhauer Gmbh (Germany), and Shaver Industries (Canada) among
others.
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