About Acoustic Booths
Acoustic Booths are referred to as a booth which is used to encapsulate or direct the path of noise and sound. The market of the acoustic booth is driving due to the growing need for sound-insulation in multiple industries, while many industrial and health care organizations are recognizing there need for a controlled acoustic environment which is currently trending in the market. And because of rising demand from developing nations, it is creating an opportunity in the market. But along with this, there are some factors which are creating a hurdle for the market, such as high cost associated with the acoustic booths and slowdown in the European industry.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Chammed (South Korea), Desone Modular Acoustics (Germany), GAES (Spain), iac Acoustics (United States), MAICO Diagnostic (Germany), Nagashima Medical Instruments (Japan), Otometrics (Denmark), Puma Soundproofing (Italy), SIBELMED (Spain) and STUDIOBOX (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Acoustic Booths market by Type (0.5-5m2 and 5-12m2), Application (Hospital, Clinic and Others) and Region.
On the basis of geography, the market of Acoustic Booths has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Distribution Channel will boost the Acoustic Booths market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Many industrial and health care organisations are recognizing the need for a controlled acoustic environment
Market Growth Drivers:
Growing need for sound-insulation in multiple industries
Challenges:
High cost associated with the acoustic booths
Restraints:
Slowdown in the European construction industry
Opportunities:
Rising demand from developing nations
Market Leaders and their expansionary development strategies
In January 2023, Wakefield Acoustic's acquisition by CECO Environmental, a prominent diversified industrial company with a strong focus on environmental sustainability. With this acquisition, CECO further strengthens its position in the industrial silencing and noise attenuation sector through the expansion of its Thermal Acoustics business platform. The addition of Wakefield brings a wide range of solutions, access to new geographic markets, and opportunities to explore diverse industrial segments, bolstering CECO's leadership in this space.
In November 2022, AMC Theatres, the leading theatrical exhibitor globally and in the United States, joined forces with Zoom Video Communications, Inc. partnered. This collaboration aims to transform select AMC locations across the United States into Zoom Rooms, offering a unique and innovative experience to customers.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.