The North America Noise Mitigation System Market would witness market growth of 4.5% CAGR during the forecast period (2022-2028).
Noise reduction is crucial since louder environments can induce ear problems like hearing loss, mental stress as well as other problems that reduce worker productivity. Growing consumer demand for low-noise equipment has impacted the demand for noise mitigation solutions. This pattern may be observed in the rising popularity of noise-canceling appliances like silent vacuum cleaners and dishwashers with low-noise wash cycles and sound-dampening insulation.
Noise pollution is one of the biggest causes of stress in the home and at work. Employee stress increases due to excessive noise, which in turn decreases their ability to do their jobs effectively. To improve the environment and the workers' productivity, several businesses install noise mitigation devices. This boosts workplace productivity. For instance, acoustic surfaces are employed to regulate the volume and quality of sound in space by absorbing sound waves, reducing echoes, and lowering noise transmission.
In Canada, environmental noise exposure is becoming a bigger concern. Health Canada observed how different suburban, urban, and rural citizens' sources of noise irritation are. Urban dwellers are substantially more likely than suburban and rural inhabitants to report feeling irritated by road traffic, making it one of the main sources of environmental noise for them. In order to address the housing needs of the expanding urban and rural populations, Canada is currently experiencing an unprecedented house development boom. Although noise reduction is crucial in lowering exposure to present sources of noise, recent research shows that incorporating noise considerations into land-use development is more effective at fostering a pleasing aural environment. Therefore, the region presents lucrative growth opportunities to expand the noise mitigation system market.
The US market dominated the North America Noise Mitigation System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $11,632.7 Million by 2028. The Canada market is poised to grow at a CAGR of 6.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.9% during (2022 - 2028).
Based on Product Type, the market is segmented into Acoustic Tiles, Baffles, Acoustic Surface, Sound Barrier Walls, and Others. Based on Application, the market is segmented into Industrial, Commercial, and Residential. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Noise Mitigation System Market is Projected to reach USD 46.8 Billion by 2028, at a CAGR of 5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Armstrong World Industries, Inc., Yamaha Corporation (Menchey Music Service, Inc.), Catalyst Acoustics Group (The Stephens Group), SysTech Design, Inc., Acoustical Surfaces, Inc., McGill AirSilence LLC, Knauf Gips KG (Gebr. Knauf KG), Metal Form Manufacturing LLC (United Enertech Corporation) and Quietstone UK Ltd.
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