Noise Barrier Market Analysis And Segment Forecasts To 2021 -Industry, Outlook, Size, Application, Product, Share, Growth Prospects

Posted on 2019-11-13 by researchinsights in Advertising, Automotive, Chemicals // 0 Comments

Global Noise Barrier Market is expected to witness significant growth in the forecast period due to the rising awareness among consumers for the ill effects of noise pollution. Noise barriers are wall-like structures built for reducing the external noise. They are majorly constructed between the homes and highways to avoid harmful effects of excess noise. The noise barriers do not completely eliminate the noise but reduce the noise levels by few decibels. Greater reduction in noise can be achieved when nearer to the noise barrier.

The growth of noise barrier market is influenced by the rising traffic in developed economies, increasing public awareness for environment, and improved standard of living. Moreover, other drivers of the market comprise increasing demand for noise barriers from public places like railways and airports and the need to reduce noise-associated health issues. Conversely, slow adoption of modern infrastructure development in both developing and developed economies are expected to hinder the market growth.

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Increasing use of noise barriers due to infrastructural developments in developed regions is a major trend witnessed in the market. Hence, rise in smart cities and infrastructural developments in emerging economies is expected to offer opportunities to the market players. Increasing urbanization is encouraging manufacturers to bring more innovations in the product. However, complex maintenance and significant design cost is expected to challenge the market growth.

Noise barrier market is categorized on the basis of product type, material, end user, and geography. On the basis of product type, market is divided into ground mounted and structure mounted. Grounded mounted segment is expected to hold larger share of the market owing to its lightweight and easy installation on bridge rail, MSE wall systems, concrete traffic barriers, etc.

Based on material, market is divided into concrete, steel, aluminum sheet, wood, brick, concrete, and others. Concrete segment is expected to hold maximum share of the market owing to its increasing use and properties like durability, flexibility in shapes, and resistance to extreme temperature. In terms of end user, noise barrier market is split into industrial sector, construction, airport, military and defense, transportation, and others. Construction segment lead the market owing to the developing construction industry.

Geographically, market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to dominate the market owing to the increasing government initiatives for infrastructure development for sound prevention, especially in airports and highways.

The leading players in noise barrier market comprise AVT, Inc., Technocrats Security Systems Private Limited, Decimin Control Systems Pvt. Ltd., Gramn Barrier Systems Limited Acoustical Surfaces, R Kohlhauer GmbH, Soundown Corporation, ArtUSA Noise Control Products, Noise Barrier Systems, LLC, and ZAK Acoustics Pvt Ltd. among others.

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