Global Acoustic Booths Market

Acoustic Booths Market Size, Share, Growth Analysis, By Application(Hospitals, Clinics, Industries, Educational), By Type(0.5-5m2, 5-12m2, Type 3, and Type 4), By Region - Industry Forecast 2024-2031


Report ID: SQSG20M2001 | Region: Global | Published Date: April, 2024
Pages: 221 | Tables: 67 | Figures: 75

Acoustic Booths Market Insights

Global Acoustic Booths Market size was valued at USD 15 Billion in 2019 and is poised to grow from USD 15.53 Billion in 2023 to USD 20.44 Billion by 2031, at a CAGR of 3.50% during the forecast period (2024-2031).

Acoustic booths and enclosures are made expressly to muffle the loud noise coming from sources and other large equipment. Acoustic panels, barriers, attenuators, and louvres, isolation pads and mounts, weatherproof enclosures, acoustic doors, and acoustic insulation are only a few of the components used in the manufacture of acoustic enclosures. These are superior to other noise barrier solutions and work exceptionally well in terms of noise reduction.

The market is expected to be driven by factors that primarily contribute to consumers' growing awareness of the detrimental effects of noise on sleep, learning, productivity, and overall quality of life. Additionally, factors like government laws are crucial to the development of the acoustic booths and enclosures market in terms of noise isolation and control in surroundings. The Environmental Protection Agency (EPA) has put in place a number of laws and guidelines to reduce environmental noise pollution. In addition, the European Union's member states control noise levels from appliances, impacts, and the air. 

Standards are established to guarantee isolation from outside noises. Italian Law No. 447 of February 10, 1995, for instance, calls for the abolition of entities that contribute to noise pollution. The Portuguese legislation also seek to regulate outside noise that enters a building. Additionally, there are a number of specific rules and regulations that apply to the noise pollution that is caused by cars, airplanes, and ships.

US Acoustic Booths Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

The hospital and clinic segment is expected to hold a significant share in the acoustic booths and enclosure market.

The acoustic booths market is growing  at a CAGR of 3.5% over the forecast period (2022-2028).

Acoustic Booths Market size was valued at USD 15 Billion in 2019 and is poised to grow from USD 15.53 Billion in 2023 to USD 20.44 Billion by 2031, at a CAGR of 3.50% during the forecast period (2024-2031).

The market is consolidated in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions. 'Framery (Finland) ', 'Zenbooth (US) ', 'WhisperRoom (US) ', 'TalkBox (US)', 'iBooths (Spain)', 'Mufflebox (UK)', 'IAC Acoustics (US)', 'Studiobricks (Spain)', 'Office Pod (UK)', 'Innovent Acoustics (US)', 'Green Acoustics (US)', 'Quiet Pod (US)', 'Autex (New Zealand)', 'Acoustic Sciences Corporation (US)', 'Zempire (New Zealand)', 'Solopod (UK)', 'Audimute (US)', 'Spaceworx (India)', 'Hush City Soundproofing (US)', 'Echo Barrier (UK)'

Energy consumption is higher in nations like China and India due to their rapid economic development. The APAC region's transportation, building, and construction sectors are all expanding quickly, which raises the need for acoustic booths there. The need for comfort is rising along with the middle-class population, which eventually fuels the strong demand in the region.

The acoustic booths market is segmented on the basis of North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa. Asia-pacific is expected to hold a significant share in the market. Due to the region's growing industrialization and demand for industrial automation, which is creating more opportunities for the market growth of noise control systems like acoustic enclosures and acoustic booths, Asia-Pacific is predicted to account for a sizeable portion of the market. Further, the demand for acoustic insulation in Europe is being driven by a strong industrial base in developed economies like the UK, France, Italy, Spain, and Germany as well as the growing need for soundproofing in these nations' sectors. Furthermore, due to the presence of the major producers, North America is also anticipated to occupy a sizable part of the market.

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Global Acoustic Booths Market

Report ID: SQSG20M2001

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