Industrial Noise Control Market 2021: COVID-19 Impact 2021: Global Industry Analysis, Opportunity Assessment and Forecast to 2023

 

Market Highlights

The industrial noise control is a noise-prevention system to reduce the noise level from the industrial machines. The industrial noise control system is applied as an integrated enclosure, complete enclosure, and partial acoustic enclosure. It is primarily used in the manufacturing industries, which entail the use of industrial machinery, metal processing, electrical & electronics equipment, and automotive.

The global increase in the industrial & manufacturing facilities in the emerging economies and stringent government norms to prevent the industrial noise pollution are the main driving factors for the global industrial noise control market. Also, the rise in concerns regarding workplace safety and industrial noise pollution further enhance the demand and sales for the industrial noise control system in the global market. However, the high cost of the overall industrial noise control system and limited availability of high-grade quality of material are expected to hamper and slow down the growth of the global industrial noise control market. Furthermore, the volatility in the price of the raw materials is one of the key challenges for the growth of the market during the forecast period.

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 Market Research Analysis

In terms of region, the global industrial noise control market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2018, Asia-Pacific is expected to hold for the largest market share and further expected to dominate the global industrial noise control market in terms of market size and CAGR during the forecast period. The growth of the region is primarily due to the rapid growth of foreign investments for manufacturing and industrial plants, further it is growth in the metal processing industries along with the introduction of mandatory industrial noise control systems in China, Japan, South Korea, and Australia. Such factors are expected to influence the market size of the industrial noise control in the region. The countries such as China and India are the main exporters for the system in the global market to the developed nations such as the US, the UK, and Germany. This is also expected to increase the domestic demand from the SME and large industries for the incorporation of industrial noise control system. In North America, the US is expected to be the largest shareholder in the market of industrial noise control, where Mexico is expected to grow at the highest CAGR during the forecast period owing to the increase in the installation of manufacturing plants from the tier 1 companies such as Ford Motor Company and Coca Cola. In Europe, Germany, France, and Italy are the main importers for the industrial noise control materials owing to the stringent government norms and standards in the domestic region. It is expected that Germany will hold the largest market share and Italy is expected to hold the highest CAGR in the global industrial noise control market during the forecast period. In the Rest of the World, South America is expected to be the highest market share followed by the Middle East & Africa. The growth of South America is primarily owing to the expansion of the industrial sector and growth in the construction & mining in Brazil and Argentina. In 2018, it is expected that South America will account for the largest market share in terms of value and volume in the industrial noise control market in the rest of the world.

 

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Key Players

The leading players in the Global Industrial Noise Control Market include Sintesi plc (Italy), Ventac Co. Ltd (Ireland), Pyrotek (US), KSM Group (Malaysia), Cellofoam GmbH & Co. KG (Germany), ArtUSA Industries, Inc. (US), Sound Seal Inc. (US), Merford Holding b.v. (The Netherlands), R.Kohlhauer Gmbh (Germany), and Shaver Industries (Canada) among others.

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