img

Noise Mitigation System Market - By Product (Acoustic Tiles, Acoustic Surface, Sound Barrier Walls, Baffles), By Material (Fiberglass, Wood, Plastic Sheets, Concrete), By Application (Residential, Industrial, Commercial), Forecast, 2023 - 2032


Published on: 2024-07-30 | No of Pages : 240 | Industry : Industrial-Machinery

Publisher : MIR | Format : PDF&Excel

Noise Mitigation System Market - By Product (Acoustic Tiles, Acoustic Surface, Sound Barrier Walls, Baffles), By Material (Fiberglass, Wood, Plastic Sheets, Concrete), By Application (Residential, Industrial, Commercial), Forecast, 2023 - 2032

Noise Mitigation System Market Size

Noise Mitigation System Market size was valued at over USD 1.2 billion in 2022 and is anticipated to grow at a CAGR of over 5% between 2023 and 2032. Governments and regulatory bodies around the world are implementing stringent noise pollution regulations & guidelines for various settings including industrial facilities, transportation infrastructure, and residential areas.

To get key market trends

  Download Free Sample

To protect citizen health and well-being, the European Union has set noise limits on road traffic, aircraft, and industrial facilities. Similarly, the U.S. Environmental Protection Agency has also set limits on noise levels from various sources including transportation, construction, and outdoor equipment. As companies and organizations strive to meet noise level limits, the implementation of these regulations and guidelines is driving the demand for noise mitigation systems. To reduce noise pollution and comply with regulations, industrial facilities, such as power plants & factories, are investing in noise control technologies such as sound barriers and acoustic panels.

A noise mitigation system is a collection of measures and techniques designed to reduce the impact of noise on the environment & human health. These systems are used to reduce noise pollution in various industries including construction, transportation, and manufacturing as well as residential & commercial buildings. Sound insulation, acoustic barriers, noise enclosures, and vibration isolation are all examples of noise mitigation systems. These systems are designed to control, reduce, or eliminate noise generated by various activities and equipment, resulting in a more peaceful & healthier environment.
 

Noise Mitigation System Market Report Attributes
Report Attribute Details
Base Year 2022
Noise Mitigation System Market Size in 2022 USD 1.2 Billion
Forecast Period 2023 to 2032
Forecast Period 2023 to 2032 CAGR 5%
2032 Value Projection USD 2 Billion
Historical Data for 2018 - 2022
No. of Pages 250
Tables, Charts & Figures 243
Segments covered Product, Material, and Application, and Region
Growth Drivers
  • Rising demand from expanding manufacturing industry
  • Growing demand from residential construction
  • Strict laws to prevent noise pollution
  • Requirement for environment friendly and energy efficient solutions
  • Increasing noise related harmful effects on human health
Pitfalls & Challenges
  • High cost noise mitigation system
  • Risk of catching fire

What are the growth opportunities in this market?

 Download Free Sample

Noise mitigation systems can be costly, particularly for large-scale projects such as transportation infrastructure, industrial facilities, and airports. Noise barriers, acoustic panels, and other noise mitigation systems can be expensive depending on the material, design & installation requirements. Furthermore, the cost of maintenance & repair can make noise mitigation systems a significant investment for businesses and organizations. The high cost of noise mitigation systems is a significant impediment to market growth as businesses and organizations may hesitate to invest in these systems due to financial constraints. Furthermore, the cost of noise mitigation systems may be prohibitively expensive for small businesses and organizations lacking the financial resources to invest in these systems.

Noise Mitigation System Market Trends

Growing awareness regarding noise pollution and its effects on human health is increasing demand in houses. Continuously growing residential construction around the world is expected to fuel significant growth in coming years. The expanding automotive industry is also anticipated to have a significant impact on the market for noise mitigation systems. The largest contributor to noise pollution is the automotive sector. The health of drivers and nearby residents may be negatively impacted by the noise that automobiles produce.

Noise Mitigation System Market Analysis

Based on material, the noise mitigation system market is segmented as fiberglass, wood, plastic sheets, concrete, and others. The fiberglass material segment held a market share of around 35% in 2022 and is expected to grow at a lucrative pace by 2032. As environmental concerns gain prominence, more businesses are focusing on developing environmental-friendly noise mitigation solutions. Traditional materials, such as concrete & steel, have significant environmental impacts as they are non-renewable resources, have a high carbon footprint, and have limited recyclability. To address these issues, several manufacturers are investing in research & development to create new environmental-friendly & sustainable fiberglass materials and technologies. Companies are also investigating the use of fiberglass materials as sound barriers and acoustic panels. Owing to its special evaluations, fiberglass has many unique properties such as high resistance to bending, tensile, compressive, non-flammable, high temperature & humidity resistance, resistance to chemical & biological effects, and relatively low density.

Learn more about the key segments shaping this market

 Download Free Sample

Based on product, the market is segmented as acoustic tiles, acoustic surface, sound barrier walls, baffles, and others. The baffles segment held a noise mitigation system market value of over USD 350 million in 2022, which is attributed to the increasing demand to reduce noise pollution. Acoustic hanging baffles are a useful solution for excessive sound reverberation in large open spaces like conference halls, cafeterias, gyms, offices, and auditoriums. Continuously rising urbanization and enhancing standard of living is expected to increase demand for baffles during forecast period.

       

Based on application, the noise mitigation system market is segmented as residential, commercial, and industrial. The industrial segment held a dominant market share in 2022 and is anticipated to grow at 8% CAGR by 2032. One of the most important applications of noise mitigation systems is in the industrial sector, particularly in industries such as manufacturing, construction, and power generation. Industrial noise can cause hearing loss, stress, and other health problems for workers as well as have a negative impact on the community and environment. As a result, noise control has become a critical concern for industrial companies and demand for noise mitigation systems is expected to rise in the industrial sector. Furthermore, as noise pollution regulations become more stringent, companies are increasingly required to implement noise control measures. This pattern is expected to drive the demand for noise reduction systems in the industrial sector.

Learn more about the key segments shaping this market

 Download Free Sample

North America is the dominant region in the global noise mitigation system market with over 36% share in 2022. North America's dominance can be attributed to various factors including the presence of significant end-use industries, stringent noise pollution regulations, and increased investments in transportation infrastructure. Construction, manufacturing, and transportation are among the large-scale industries in the region that require noise mitigation systems to control noise levels and comply with regulations. Furthermore, regional regulatory bodies including the Environmental Protection Agency (EPA) in the U.S. and the Canadian Environmental Protection Agency (CEPA) have implemented stringent noise pollution control regulations. The implementation of these regulations has increased the demand for noise mitigation systems in North America. Furthermore, rising transportation infrastructure investments, particularly in the U.S. and Canada, are expected to drive the demand for noise mitigation systems. Highways, railways, and airports are examples of transportation infrastructure and noise barriers & sound walls are frequently used to control the noise levels.

Looking for region specific data?

 Download Free Sample

Noise Mitigation System Market Share

Some of the major players operating in the noise mitigation system market are

  • Acoustiblok, Inc.
  • Kinetics Noise Control, Inc.
  • Noise Barriers, LLC
  • Eckel Industries, Inc.
  • Amcon
  • IAC Acoustics
  • HARMONIC ENVIRONMENTS
  • FabriTec Structures
  • Fabreeka International
  • Acoustical Solutions
  • Soft dB Inc.
  • Noise Barriers, LLC
  • and IAC Acoustics

These players focus on strategic partnerships and new product launches & commercialization for market expansion. Furthermore, these players are heavily investing in research, allowing them to introduce innovative products and garner maximum revenue in the market.

Noise Mitigation System Market News

  • In November 2022, Ecophon Group acquired CLIPSO, a supplier of acoustic textile solutions. CLIPSO designs, manufactures, and sells stretched knitted textile solutions for ceiling and wall applications. The acquisition of CLIPSO strengthens Ecophon’s expertise on the market of architectural acoustic solutions.
     
  • In January 2022, Kinetics Noise Control Inc., a U.S. manufacturer of innovative noise and vibration control products & solutions, was acquired by The Stephens Group, a private investment firm based in the U.S., for an undisclosed sum. The Stephens Group acquired all the assets of Kinetics Noise Control, Inc. to form Catalyst Acoustics Group. The new firm has a diverse portfolio of noise control products & solutions and serves as a platform for a group of acoustic, seismic, vibration & noise control companies.

The noise mitigation system market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 to 2032, for the following segments

Click here to Buy Section of this Report

 

 

By Product

 

  • Acoustic tiles
  • Acoustic surface
  • Sound barrier walls
  • Baffles
  • Others

By Material

  • Fiberglass
  • Wood
  • Plastic sheets
  • Concrete
  • Others

By Application

  • Residential
  • Commercial
  • Industrial

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • ANZ 
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
       

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )