Report ID: SQMIG45L2014
Report ID:
SQMIG45L2014 |
Region:
Global |
Published Date: December, 2024
Pages:
202
|
Tables:
121 |
Figures:
78
Industrial Noise Control Market size was valued at USD 5.9 Million in 2023 and is poised to grow from USD 6.21 Million in 2024 to USD 10.41 Million by 2032, growing at a CAGR of 5.2% during the forecast period (2025-2032).
The global industrial noise control market recently, has experienced substantial growth, attributed to the rising rate of industrialization and manufacturing growth, which in turn results in industrial noise pollution. As the awareness among workers about environmental damage and noise induced illnesses is increasing, the demand for noise reduction or noise control products is growing. The manufacturers are also increasingly focusing on production of newer and better products in this market, in adherence to the strict noise regulations. The demand in this market took a hit during the COVID-19 pandemic, during which the sales level had gone down considerably. The market has, hence, recovered and the industries are trying to recuperate through new product innovations and diversifications. There are also a few challenges in this market, like high power consumption, and the limitations in knowledge about the product, especially in developing nations. Companies, however, are continuously trying to grow their customer base by providing cutting edge, unique solutions.
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Report ID: SQMIG45L2014