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Noise Mitigation System Market Trends

Report ID: GMI5733
Published Date: May 2023
Report Format: PDF

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Noise Mitigation System Market Trends

Growing awareness regarding noise pollution and its effects on human health is increasing demand in houses. Continuously growing residential construction around the world is expected to fuel significant growth in coming years. The expanding automotive industry is also anticipated to have a significant impact on the market for noise mitigation systems. The largest contributor to noise pollution is the automotive sector. The health of drivers and nearby residents may be negatively impacted by the noise that automobiles produce.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Market size for noise mitigation system was over USD 1.2 billion in 2022 and will register over 5% CAGR between 2023 and 2032.

The fiberglass material segment held a market share of around 35% in 2022 and will grow at a lucrative pace by 2032 as environmental concerns gain prominence and more businesses focus on developing environmental-friendly noise mitigation solutions.

North America is the key regional market for noise mitigation system companies attributed to the presence of significant end-use industries, stringent noise pollution regulations, and increased investments in transportation infrastructure.

Acoustiblok, Inc., Kinetics Noise Control, Inc., Noise Barriers, LLC, Eckel Industries, Inc., Amcon, IAC Acoustics, HARMONIC ENVIRONMENTS, FabriTec Structures, Fabreeka International, Acoustical Solutions, Soft dB Inc., Noise Barriers, LLC, and IAC Acoustics.