img

Global Sound Masking System Market Size By Type (Frequency Masking, Temporal Masking), By Technology (QT 100, QT 200), By End-Users (Hospitals, Hotels, Open Offices, Home, Banks), By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Sound Masking System Market Size By Type (Frequency Masking, Temporal Masking), By Technology (QT 100, QT 200), By End-Users (Hospitals, Hotels, Open Offices, Home, Banks), By Geographic Scope And Forecast

Sound Masking System Market Size And Forecast

Sound Masking System Market size was valued at USD 162.75 Million in 2024 and is projected to reach USD 230.42 Million by 2031, growing at a CAGR of 4.90% from 2024 to 2031.

Factors such as the growing need for silence in most public buildings and public spaces, as well as the advancement of sound technology systems, which has resulted in the development of sound masking systems, are expected to contribute significantly to the growth of the Global Sound Masking System Market. The Global Sound Masking System Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Sound Masking System Market Definition

Sound masking devices provide a low-level, modest background sound to lessen the influence of human speech and other distractions. Sound masking devices can be connected to windows, doors, ceilings, duct pipes, and other areas to suppress noise and provide a tranquil environment for people. Sound masking devices provide a pleasant sound that balances out the noise produced by the external world and produces a tranquil environment for individuals. A multitude of aspects is considered while constructing a sound masking system in order to provide a decent background sound that offers individuals privacy.

The items that are introduced absorb or block sound, creating an acoustic environment in which to operate. When sound masking devices are used effectively, they can be scarcely audible and provide a sound comparable to that of a moderate breeze. Prior to the invention of sound masking devices, absorbing materials such as carpet, ceiling fans, and blocking constructions such as cubicles and walls were used to absorb sound, but they were rather expensive. Sound masking devices are a cost-effective solution for consumers since they generate a relaxing background sound while also protecting private talks.

What's inside a
industry report?

Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.

Global Sound Masking System Market Overview

The worldwide Sound Masking System Market is expanding as a result of increasing advancements in sound technology systems, which has resulted in the development of sound masking systems, as well as the demand for silence in most public buildings and public places. Sound masking systems are made up of speakers, sensors, and amplifiers that are all linked together. The speakers are positioned in various locations where there is a need to suppress unwanted noise.

These speakers generate two types of noise, white noise and pink noise, which give the user in the region the impression that there are no background sound interruptions. Furthermore, there has been a dynamic shift in the design of commercial and office facilities. The desire for locations that offer a peaceful environment has also increased dramatically. Furthermore, in recent years, workplace buildings have been modified to adhere to open space laws. As a result, the amount of noise within these open-plan workplaces has grown dramatically due to staff talks, which can be distracting to others and interrupt their attention.

The growing requirement to address such concerns necessitates the deployment of sound masking systems, which is expected to fuel market expansion over the forecast period. However, the most significant factor hampering the growth of sound masking systems is their high installation cost and time-consuming setup. It also necessitates the use of competent technicians who can correctly install these systems. The technique utilized in sound masking systems is a direct field technology that produces a sound that readily blends into background noise, resulting in a calmer, less invasive workplace environment. The Covid-19 epidemic began in China and quickly spread around the world.

The worst impacted nations are the United States, Brazil, India, the United Kingdom, Turkey, Russia, Spain, and Italy, all of which had a substantial number of deaths. Various countries’ economies and sectors have been severely impacted. Almost all firms are affected by the lockdowns, shutdowns, and travel bans. The pandemic also had a significant influence on goods manufacturing and delivery. As a result, numerous firms have already global product delivery delays. Furthermore, several nations are being impacted by worldwide travel prohibitions. Global prohibitions also have an impact on corporate ties and collaborations across European, North American, and Asia-Pacific countries.

Global Sound Masking System MarketSegmentation Analysis

The Global Sound Masking System Market is Segmented on the basis of Type, Technology, End-Users, And Geography.

Sound Masking System Market, By Type

• Frequency Masking• Temporal Masking

Based on Type, The market is segmented into Frequency Masking and Temporal Masking. Frequency masking is an audio compression method that removes lower sounds in favor of significantly louder sounds with identical frequencies. Auditory masking happens when the presence of another sound interferes with the perception of one sound. Auditory masking in the time domain is referred to as temporal masking or non-simultaneous masking. Temporal Masking is further segmented into Post Masking and Pre-Masking.

Sound Masking System Market, By Technology

• QT 100• QT 200• QT 600

Based on Technology, The market is segmented into QT 100, QT 200, and QT 600. QT100 sound masking technology is likely to dominate in this area. Currently, QT100 holds the maximum market and is anticipated to grow at a substantial rate over the forecasted period.

Sound Masking System Market, By End-Users

• Hospitals• Hotels• Open Offices• Private Offices• Home• Banks• Pharmacies• Waiting Rooms• Reception Areas• Public Hallways• Others

Based on End-Users, The market is segmented into Hospitals, Hotels, Open Offices, Private Offices, Home, Banks, Pharmacies, Waiting Rooms, Reception Areas, Public Hallways, and Others.

Sound Masking System Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, The Global Sound Masking System Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific is expected to lead the worldwide market for Sound Masking Systems. Because of India, China, and Japan, Asia-Pacific is the main market in terms of sound masking system manufacturing and consumption, followed by North America and Europe. All of these locations are developing new technology to put into these gadgets. Latin America and the Middle East and Africa (MEA) have a sizable market share as well.

Key Players

The “Global Sound Masking System Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as DUKANE, Cambridge Sound Management of QT, GSA Sound Masking, Soundmask, Lencore, Communication Service Corporation, Logison, Pro Acoustics, ARCAT, Soft DB and among others.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In August 2019, Soft dB released one of their sound masking speakers, the SMS-SURF4, to the market. The gadget conforms with CCEA rules (City of Chicago Environmental Air).

• On 3 June, 2021, Oneida Consumer LLC was purchased by Lenox Corporation. All existing Oneida consumer-branded tabletop items, including dinnerware, flatware, and cutlery, are included in the transaction. Lenox has extended its brand portfolio with this purchase, concentrating on boosting its visibility across all retail channels. With a diverse product offering, the firm hopes to reach existing and new clients while also improving its worldwide distribution channels.

• In September 2019, H.I.G. Capital has bought Nadir Figueiredo Indstria e Comércio SA, a Brazilian glass tableware firm. The sale was estimated to be valued around US$ 240 million. As a result of this strategic merger and acquisition among major rivals, the market is predicted to develop.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Million)

Key Companies Profiled

DUKANE, Cambridge Sound Management of QT, GSA Sound Masking, Soundmask, Lencore, Communication Service Corporation, Logison.

Segments Covered

By Type, By Technology, By End-Users, And By Geography.

Customization scope

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.

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 )