Global Noise Reduction Barrier Market Overview:
Noise reduction barriers, also known as sound walls, noise walls, sound berms, or acoustic barriers, are structures designed to block or absorb unwanted sound. They're commonly used to protect people from noise pollution in residential areas near highways, railways, and industrial facilities. Noise reduction barriers can be a valuable tool for reducing noise pollution and improving the quality of life for people who live in noisy environments. The demand for transparent noise reduction barriers is growing, as these barriers can provide noise reduction without blocking views. The market for noise reduction barriers for residential applications is also expected to grow, as people are increasingly looking for ways to create quiet and peaceful spaces in their homes.
As per latest study released by AMA Research, the Global Noise Reduction Barrier market is expected to see growth rate of 5.0% and may see market size of USD8790.0 Million by 2029.
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Historical Period | 2019-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technological Advancement to Improved Sound Absorption Capabilities, and Innovative Barrier Designs
Market Growth Drivers:
Rising Awareness of Noise Pollution, Rapid Urbanization and Infrastructure Development and Increasing Demand for Transparent Noise Reduction Barriers
Challenges:
Low-Quality Materials Offered by Local Players and Some Noise Reduction Barriers Require Regular Maintenance to Prevent Degradation
Restraints:
High Costs for Installation of Noise Reduction Barriers
Opportunities:
Manufacturers are Developing Barriers Made from Recycled Materials and Stringent Government Regulations Related to Noise Pollution
Competitive Landscape:
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product.
Some of the key players profiled in the report are Acoustical Solutions, Inc. (United States), Alphawall, Inc. (United States), Echo Barrier Co., Inc. (United States), Bruyer & Partners Group (Belgium), Expanded Asphalt Products, Inc. (United States), Geotech Systems Corp. (United States), QuietWall International Inc. (Canada), Ecophon Akustikdecken GmbH (Germany), Illbruck, Inc. (United States) and L.M. Scofield (United States). Additionally, following companies can also be profiled that are part of our coverage like Noise Control Products (United States), Kingspan Group PLC (Ireland), Noise Barriers Direct Ltd. (United Kingdom), W. R. Grace & Co. (United States) and Tensar International Limited (United Kingdom). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Noise Reduction Barrier market by 2029. Considering Market by Mounting, the sub-segment i.e. Ground-mounted will boost the Noise Reduction Barrier market. Considering Market by Category, the sub-segment i.e. Transparent will boost the Noise Reduction Barrier market. Considering Market by Material, the sub-segment i.e. Timber will boost the Noise Reduction Barrier market.
Latest Market Insights:
In July 2023, Acoustical Solutions Inc. (ASI) acquired Echo Barrier Co., this merger strengthens ASI's position as a leading North American noise control solutions provider, combining Echo Barrier's expertise in transparent and aesthetic noise barriers with ASI's broad product portfolio.
In October 2023, Alphawall, Inc. unveiled its new line of transparent noise reduction barriers, designed to provide noise mitigation while maintaining clear views. This innovation caters to a growing demand for aesthetically pleasing yet effective noise control solutions in urban environments and sensitive areas.
World Health Organization (WHO) Environmental Noise Guidelines: The WHO guidelines recommend noise exposure limits for different environments, such as residential areas, schools, and hospitals. These guidelines can inform noise reduction regulations in various countries. and North America: In the United States, the Federal Highway Administration (FHWA) has regulations regarding noise barriers for federal-aid highway projects. These regulations specify noise level thresholds and guide barrier design and performance.
What Can be Explored with the Noise Reduction Barrier Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Noise Reduction Barrier Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Noise Reduction Barrier
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Noise Reduction Barrier market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Noise Reduction Barrier market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturer, New Entrance, Regulatory & Government Bodies, Suppliers & Distributors, Potential Investors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.