Key Market Insights

"To improve productivity, industries are adopting a noise control system"

The growing inclination of customers towards less-noisy products has influenced the global noise control system market. Noise pollution is one of the cause of stress increment in the work as well as residential locations. It has not only reduces the working efficiency of the employees but also putting them into stressful conditions. To improve work efficiency at the workplace, many companies are adopting noise control systems to improve the situation and thereby, the workability of their employees.

Industries such as manufacturing and construction are widely using a noise control system to deal with high decibel sound present in the working site of these industries. As high sound lead to the incapability of concentration, and that leads to health problems along with high stress. High stress and continuous disruption due to noise is impacting the productivity of the company. To improve this condition, there is a growing demand for noise cancellation and control systems in the above-mentioned industries.

Moreover, healthcare is one of the major adopting industry where there is a high demand for noise control system. WHO have strictly warned countries to reduce noise pollution nearby hospitals to distress patient. Besides human, high decibel noise is also affecting the wild and marine life. As living creatures are more dependent on noise for their migration, there is a disturbance in their life cycle. Therefore, the oil & gas industry and metal & mining industry are also adapting to the noise control system.

Overall, the global noise control system market was growing at a CAGR of 5.7% from 2024 to 2032.

Market Snapshot

Industry Vertical Segment Analysis

"Industrial segment dominating the market"

Based on the industry vertical, the industrial segment captured the highest share of more than 50% of the global noise control system market in 2023. High adoption rates from industries such as manufacturing, healthcare, metal & mining, and construction have kept the industrial segment at the top of the segment. During the forecast period, the industrial segment is expected to keep its dominance up to 2031.

Furthermore, commercial & residential segments are also growing due to growing noise pollution across the cities. In metro cities, vehicle traffic is the main cause of noise pollution. Further, the availability of home soundproofing devices has helped the residential segment to show a growing trend in the recent past.

Regional Analysis

"North America dominating the global market by region"

Based on the region, the global noise control system market was dominated by North America, accounting for more than 40% of the market share in the year 2023. In North America, the U.S. captured the major share of the regional market, pertaining to the high demand for noise control devices in hospitals and residential complexes. Further, a large number of automobile sector is adopting noise cancellation technology has further added to the regional market share. The region is expected to keep its dominance till 2031.

Besides North America, Asia Pacific is the 2nd largest region in the global noise control system market. The region has captured over 25% in 2023. Economic development causing growth in the manufacturing and automotive industry expected to drive regional growth of the market. In addition, growing healthcare infrastructure in China, India, and other ASEAN countries expected to drive the market with CAGR of 6.3% throughout the forecast period.

Technological advancement is keeping the market competitive

The global noise control system market is competitive. Prominent players operating in the noise control system market are adopting strategies such as a partnership with other companies, acquisition of smaller players to increase their production capacity and geographical reach. Following is the list of players included in the published reports.

List of Companies Covered:

YAMAHA Corp., Mitsubishi Electronics Corp., Saint Gobain, Armstrong World Industries, USG, Knauf Gips KG, Kinetics Noise Control, Quietstone UK Ltd., Acoustical Surfaces, Inc., Noise Barriers, FAIST | Umsetzung, Nihon Onkyo and Other Notable Players

Key Industry Development:

• In December 2019, Mitsubishi Electronics Corp. announced the launch of SLIMDIPTM-W, a new high-performance intelligent power module (IPM). This will enable washing machines, air conditioners, and various small-capacity motor drives to lower motor noise and consume less power. Less noise compared to that of the existing model allows the use of fewer noise-suppressing components on the circuit board for smaller, lower-cost inverter systems. With this new product launch, the company is expected to improve its market share in the global market.
• In June 2019, Armstrong Ceiling Solutions has introduced ACOUSTIBuilt™ Seamless Acoustical Ceilings, a new ceiling system that provides the look of drywall but performs like an acoustical ceiling. The installed system achieves a Noise Reduction Coefficient (NRC) of up to 0.70, indicating it absorbs up to 70% of the sound that strikes it, and also has an extremely high Ceiling Attenuation Class (CAC) up to 48, indicating its ability to ensure speech privacy by preventing sound from entering adjacent spaces.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Noise Control System market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Noise Control System market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Noise Control System market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Noise Control System market?
• Which is the largest regional market for Noise Control System market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Noise Control System market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Noise Control System market worldwide?