Industrial Noise Control Market Competitive Growth Strategies Based on Type, Applications, End User and Region

 The global industrial noise control market is expected to reach a market value of US$ 7,309.0 Mn by the end of the forecast period, witnessing a value CAGR of 4.4% against the backdrop of expanding manufacturing capabilities and automotive production. According to FMI analysis, in terms of volume, the global industrial noise control market is estimated to reach 152 Mn units by 2018 end and register a CAGR of 3.8% during the forecast period.

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The market for industrial noise control systems witnessed massive slowdown in its progress as a result of the spread of Covid-19 pandemic across the globe. The level of demand declined to the extreme level due to lockdown creating hurdles for the key players operating in this market. However, as recovery commences in 2021, major players are recuperating their positions through production expansion and capacity utilizations in 2021 keeping in view the covid-19 norms.

For instance, IAS Acoustics, one of the leading players in noise control products and solutions, launched the Super Noise-Lock Sliding Door. The door is an upgraded version of the brand’s previous sliding door. The newly introduced door features improved safety features, labyrinth, a new track, motor system and seals.  The super noise lock sliding doors offer a wide range of benefits and high performance. Thomas Heins, Director of IAC Acoustics, says, “IAC Acoustics is thrilled to bring back and commercialize the Super Noise-Lock Sliding Doors. It is a great complementary product to the Noise-Lock and Super Noise-Lock Door Systems.”

The East Asian market is predicted to pick up pace in the global market for industrial noise control through 2030 owing to increasing income levels. Emergence of leading manufacturing companies and new domestic players entering the market that produce and distribute superior class noise control systems globally contributes to make India and China the regions with the fastest growing CAGR rate. Further, the rising innovations are creating immense opportunities for the key players to extend their presence throughout the world.

Maintaining suitable noise levels in a manufacturing or industrial environment is often a challenge. Among industrial noise control solutions, modular enclosures are ideal solutions in manufacturing facilities and factories to house hydraulic machines, compressors, generators, printing presses, blowers, fans, vibrating machinery, routers, grinders, presses and other loud machinery.

On the basis of end use type, the global industrial noise control market has been segmented into manufacturing, construction & mining and healthcare. The extensive use of industrial noise control solutions in manufacturing facilities is the key factor contributing to the growth of the manufacturing segment. The industrial noise control market is competitive with manufacturers and suppliers offering customized solutions to cater to the unmet demand.

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On the basis of application, the global industrial noise control market has been segmented into internal and external noise control. The internal industrial noise control segment is expected to represent significant growth opportunities between 2018 and 2028 while the external industrial noise control segment is anticipated to expand at a significant CAGR, in terms of value, over the forecast period.

By Segmentation:

Product Type

·       Flexible

o       Sound Curtains

o       Acoustic Foam

o       Acoustic Blankets

o       Sound Absorbers

·       Rigid

o       Enclosures

o       Silencers

o       Ceiling Baffles

o       Test Chambers

o       Sound Proof Walls

o       Panels

o       Others

·       Vibration Isolation

o       Isolation/Machinery Pads

o       Isolation Mounts

o       Equipment Bases

o       Spring Isolators

Application

·       Internal Noise Control

·       External Noise Control

Material Type

·       Polymer & Composites

·       Glass

·       Metal

·       Fabric

End Use

·       Manufacturing

o       Electrical & Electronics Equipment

o       Industrial Machinery

o       Automotive

o       Metal

o       Other Manufacturing

·       Construction & Mining

·       Healthcare

Region

·       North America

·       Latin America

·       Europe

·       East Asia

·       South Asia

·       Middle East & Africa

·       Oceania

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Key Players:

According to FMI analysis, the industrial noise control market is found out to be a fragmented one. A handful of large market participants held meager market shares in 2017. In the global industrial noise control market, the top 15 players collectively account for 40% – 45% of the global market.

In the recent past, the industrial noise control market has witnessed significant developments from a competition perspective. Among various organic and inorganic growth strategies, acquisitions of regional companies operating in the industrial noise control market and expansion of manufacturing facilities in prominent regions, such as in China, are some of the key cited strategies opted by key players to sustain in the global industrial noise control market.

Saint-Gobain Ecophon AB, Gerriets GmbH, Iac Acoustics, Total Vibration Solutions Ltd., Pittsburgh Corning Europe n.v., Lindner GmbH, WILLBRANDT KG, Rite-Hite GmbH, Kutzner + Weber GmbH and Acoustafoam are some of the key players involved in the global industrial noise control market

 

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