Home > HVAC & Construction > Building Vibration Isolation Market
Building Vibration Isolation Market size valued at over USD 1.9 billion in 2019 and will exhibit 5.2% growth rate from 2020 to 2026. Growing awareness regarding energy conservation and rising energy cost will positively contribute to the industry revenue.
The presence of stringent noise and vibrations regulations in European countries such as Italy and Germany shall further support the demand for the product. Resin bonded cork and recycled rubber compounds are highly used in providing vibration isolation in buildings attributed to multiple benefits offered by these compounds such as providing high damping, long term durability, high vibration isolation, recycled products etc. These vibration isolation systems are widely used in residential homes, office spaces, gymnasiums, restaurant, and hotels.
Get more details on this report - Request Free Sample PDF
Vibration isolators have a higher penetration in the commercial and industrial sector mainly in the Asia pacific region. Therefore, the growing construction industry in China, India, and Indonesia will open new growth opportunities for the market in the coming years.
Vibration isolation offers numerous advantages to its users. However, the lack of awareness regarding vibration control systems may hamper the product demand in near future. Moreover, the declined growth of construction industry in Europe, due to COVID-19 pandemic along with its lack of penetration in developing countries is anticipated to be a major factor restraining the industry growth.
Report Coverage | Details |
---|---|
Base Year: | 2019 |
Market Size in 2019: | USD 1.9 Billion |
Forecast Period: | 2020 to 2026 |
Forecast Period 2020 to 2026 CAGR: | 5,2% |
2026 Value Projection: | USD 2.5 Billion |
Historical Data for: | 2016 to 2019 |
No. of Pages: | 645 |
Tables, Charts & Figures: | 1,107 |
Segments covered: | Material, Form, Applications End-Use, Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
Get more details on this report - Request Free Sample PDF
The mat/pads segment held a market share of over 60% in 2019 and is predicted to grow at 5.4% CAGR through 2026. Vibration isolation mats and pads are majorly used in several industrial and commercial applications owing to its excellent performance and easy installation. Additionally, these pads can efficiently control the structure-borne noise and resonant vibration. The increasing usage of these products in industrial and non-industrial sectors will drive their demand.
Get more details on this report - Request Free Sample PDF
Residential application segment is expected to observe decent growth rate till 2026 on account of surging residential construction across the globe. The growing housing activities propelled by rising population and reducing spaces in emerging nations is the key reason influencing market demand. Further development of green housing building and government regulation for reduction of greenhouse gas emissions will increase the usage of vibration isolation products.
Residential applications will account for 20% of the market revenue share by 2026. Real estate costs are rising continuously due to the scarcity in major metropolitan areas. Owing to the cost-effective property development near railway lines, the developers are majorly constructing buildings in these areas. However, unwanted vibration caused by railways is supporting the demand for these solutions.
The commercial sector dominated the global building vibration isolation market share and is projected to continue its dominance throughout the forecast period. The demand for these systems is rapidly increasing in multiple commercial areas such as offices, gyms, hospitals, studios, clubs, etc. to block unwanted vibration caused in the place. Moreover, the emerging laws and regulations regarding noise and vibration isolation in workplaces in European countries will also enhance the adoption of these products.
Get more details on this report - Request Free Sample PDF
Asia Pacific building vibration isolation industry is slated to grow at the highest CAGR of more than 5.8%between 2020 and 2026. The increasing adoption rate of the product in attributed to the rising awareness regarding vibration isolation solutions. Furthermore, the stringent government regulations and subsidies to promote the usage of vibration isolation is also one of the major factors driving the regional market revenue.
The key players are majorly focusing on product expansion to enhance its business capabilities. The major companies are expanding their product portfolio to cater the increasing need for product in various end-use industries.
Some of the key players in the building vibration isolation market include Getzner, KRAIBURG, Regupol BSW GmbH, VibraSystems Inc., Acoustics Control Engineers, Mason industries Inc, Farrat, ALPHA ACOUSTIKI Ltd, GMT Rubber-Metal-Technic Ltd, VMC Group, California Dynamics Corp, Vibration Eliminator Co., Inc., SEBERT SCHWINGUNGSTECHNIK GMBH, ACE STOSSDÄMPFER GMBH, ITT Endine INC, APLICACIONES MECANICAS DEL CAUCHO SA, and Maurer SE, among others.
This market research report on building vibration isolation includes in-depth coverage of the industry with estimates & forecast in terms of volume in thousand square meters & revenue in USD million from 2016 to 2026, for the following segments: