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A new study by Future Market Insights (FMI) finds that the industrial noise control market is anticipated to grow at a CAGR of over 3.7% between 2021 and 2031. Key factors impacting the growth of the industrial noise control market include, The market for noise control systems went through a negative phase amid the spread of the Covid-19 crisis. The sales level in this demand witnessed a downturn creating potential losses for the global manufacturers.
As the condition is normalizing in 2021 due to strong and stringent government efforts, the top manufacturers are trying to recuperate the losses incurred through product diversifications and innovations.
Noise Control System Market: Close Fight Between North America & APEJ for Top Position in Terms of Revenue Share: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027
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The industrial noise control industry is witnessing a shift toward biodegradable materials over traditional materials. Manufacturers are incorporating green and sustainable materials in the design and development of industrial noise control units to align with the ongoing sustainability trend.
Polymer & Composites Remain Preferred Materials
The FMI study finds that polymer and composites are highly preferred materials for the manufacturing of industrial noise control units. Polymers and composite materials have higher soundproofing properties as compared to other materials such as glass, metal and fabric. In addition, recent developments in composite materials provide biodegradability and recyclability, leading to higher sales.
Vibration Isolation Units Highly Sought-After
The FMI study finds that over 8 in 10 industrial noise control units sold by 2020 were equipped with vibration isolation units. As vibrations can significantly affect the overall productivity and durability of a range of industrial machines, industrial noise control with vibration isolation units is highly sought after.
FMI thoroughly analysed demand trends of different vibration isolation units, such as isolation/machinery pads, isolation mounts, equipment bases and spring isolators. Among these, sales of isolation mounts were higher in 2020 and the demand trend will continue in the future as manufacturers consistently introduce advanced and more efficient vibration isolation mounts.
The industrial noise control market is also studied for flexible and rigid industrial noise control instruments by FMI. While both these noise control units significantly address noise pollution issues, the FMI study finds that flexible noise control units accounted for the second-highest sales during the forecast period.
Industrial Noise Control Utilisation in Internal Application Prominent
The FMI study estimates that demand for industrial noise control units for internal noise control applications remained higher than compared to the application in external noise control. Elevated sound levels at workplaces and other commercial or residential places can cause negative human health conditions such as hearing impairment, annoyance, sleep disturbance, hypertension and, in some cases, ischemic heart disease. Dissemination of knowledge regarding these harmful effects is contributing to increasing sales of industrial noise control units in the internal noise control application.
Growing awareness of environmental noise as a potential health concern, industrial measures are taken to address the impact of external noise sources. FMI shows that adoption of industrial noise control for external noise control application will grow at a CAGR of over 3.9%.
Demand for Industrial Noise Control Units Consolidates in Manufacturing Sector
According to the FMI study, the manufacturing sector remains a prominent end-user of industrial noise control units. Different manufacturing industry verticals such as electrical & electronics, industrial machinery, automotive, metal and others significantly integrate industrial noise control measures.
Keeping the noise within the OSHA levels in the different manufacturing sectors is pivotal in ensuring the health and wellness of employees.
Demand in East Asia Continues to Surge, Europe Represents Second Largest Market
As per FMI valuation, countries in East Asia including China, Japan and South Korea registered significant demand for industrial noise control units in 2020. In terms of sales volume, Europe followed East Asia collectively.
China in East Asia remains the leading consumer of industrial noise control. A prominent manufacturing sector in the country contributes to the significant demand for industrial noise control. In Europe, Germany followed by France and the UK accounted for a considerable bulk of regional demand in 2020.
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While the growth prospects seem steady for the industrial noise control market, the development of advanced industrial machinery integrated with noise-cancelling technologies and sound or vibration absorbers can impede the market growth in the future.
The FMI report tracks the industrial noise control market for the period 2021-2031. According to the report, the industrial noise control market is projected to grow at a 3.9% volume CAGR through 2031.
Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10-years.
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The post Noise Control System Market is predicted to grow at a CAGR of over 3.7%: FMI appeared first on Future Market Insights.
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