The market for soundwalls is primarily driven by factors including rising building and transportation activity, rising acceptance of noise-reduction and acoustic technologies, rising government investments and programmes for infrastructure development, and rising energy efficiency demands. The market's expansion is also anticipated to be aided by the rising awareness of the benefits of employing soundwalls to reduce noise pollution in airports, industrial areas, and other locations. In addition, the soundwall industry is anticipated to continue to expand as a result of technology developments including the rising popularity of 3D printed sound walls, which offer more precision and affordability.
People are residing in more congested and noisy urban surroundings, which is boosting the demand for soundwalls. Noise has a negative impact on both physical and mental health, increasing the risk of serious diseases like stress, hypertension, and hearing loss. Due to growing recognition of the significance of noise control and reduction, the market for soundwalls is anticipated to expand significantly over the projected period of 2021–2031.
Over the course of the forecast period, the market for soundwalls is expected to expand significantly. This is mostly because to the benefits that these walls provide, including increased noise control and acoustic insulation, an improved aesthetic look of the surroundings, and more installation and design freedom. Soundwalls can also be used to lessen the negative impacts of noise pollution on the health of both people and the environment. Additionally, soundwall technology can be utilised to improve privacy in a certain location and stop sound from straying past a specific limit and interfering with adjoining areas.
An engineering structure known as a soundwall is created to lessen the transfer of noise from one location to another. A barrier dividing two areas, such as one separating a building site from a neighbourhood or an industrial region from a commercial area, constitutes it. By absorbing sound energy and reducing its transmission, the wall shields the area from outside noise pollution.
The market for soundwalls worldwide is anticipated to expand significantly between 2021 and 2031. The market is anticipated to grow at an outstanding CAGR of 6.1% from its current value of USD 3.2 billion in 2021 to USD 5.5 billion in 2031.
The expansion of this market is anticipated to be hindered by a number of factors. First off, the exorbitant expense of soundwall installation and upkeep may prevent end users from adopting them. Second, variations in the rules enforced by governments in various places might lead to differences in the market environment. But soundwalls are anticipated to become increasingly popular as infrastructure and development investments rise. Furthermore, rising environmental consciousness among people is probably going to enhance the demand for noise barriers, driving the market ahead.
Betafence, Barriers Direct, Jacksons Fencing, Modular Walls & Fences Limited, NoiStop Srl, Norsonic AS, Roadway Noise Reduction Systems LLC., Valmont Industries Inc., Wallmark Fencing Solutions Pty Ltd., and Zonaproducts Corporation are just a few of the major players in the soundwall market, which is fiercely competitive and fragmented.
Segment Analysis
The Ground-Mounted Noise Barrier Type to Emerge as the Most Lucrative Segment
Especially during the projection period 2021–2031, ground-mounted noise barriers are expected to be one of the soundwall market's fastest-growing categories. This segment is being used more frequently in a variety of industrial sectors, including the automotive, building, and railroad industries. Government rules aimed at reducing noise pollution are anticipated to be tightened more, which will hasten the expansion of this market.
The Most Popular Application Segment is Transportation
During the forecast period of 2021–2031, the soundwall market is expected to experience significant expansion in terms of application, particularly in the transportation sector. This can be ascribed to the increase in railroad and road building operations, which led to the installation of numerous noise barriers as noise-reduction measures. Additionally, airports are heavily investing in noise reduction technologies as a result of the strict government restrictions governing aircraft operations and the noise they produce.
The Asia Pacific (APAC) region to render Adequate Financing Avenues
Regionally, the market for soundwalls is anticipated to expand significantly in the Asia Pacific area between 2021 and 2031. This can be due to an enormous growth in building activities and public infrastructure projects in this area, including as highways, metro lines, and airports, which has boosted the demand for noise control solutions. In addition, the region's strict government rules on noise pollution are anticipated to support the market expansion for soundwalls.
COVID-19 Impact and Market Status
The COVID-19 epidemic has had a significant negative influence on the global Soundwall market. The epidemic has caused supply chains to be interrupted and employee layoffs, which has decreased demand for soundwalls. Additionally, the closure of building and transportation sites as a result of widespread lockdowns imposed by governments around the world has restricted industry expansion. However, since most lockdowns have been removed in most nations, business as usual has returned in the industrial and construction sectors, increasing demand for soundwalls. The market for soundwalls is anticipated to rebound as a result of the rising number of government programmes aimed at reducing noise pollution and forecast rise in demand for noise control devices. Moreover, during the forecast period of 2021–2031, rising investments in infrastructure development are anticipated to open up growth prospects for the market.
Latest Innovations in the Global Soundwall Market: A Snapshot
• ECHO Barrier Ltd. and AIL Sound Walls, Inc. joined forces in August 2020 to offer noise control solutions for the US transportation industry. Both businesses stand to gain from this relationship in terms of product innovation and technological breakthroughs.
• To increase its footprint in North America, Fiberesin Industries LLC and KORE Industries engaged into a distribution partnership in June 2020. Fiberesin was able to expand its business activities into other markets because to this cooperation. In September 2020, the business unveiled SoundMate, a soundwall device intended for manufacturing and industrial settings.
Soundwall Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2031 |
Study Period | 2018-2031 |
Forecast Unit | Value (USD) |
Revenue forecast in 2032 | USD 5.5 billion |
Growth Rate | CAGR of 6.1% during 2021-2031 |
Segment Covered | by Type, by Deployment, By Application, by Application, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Betafence, Barriers Direct, Jacksons Fencing, Modular Walls & Fences Limited, NoiStop Srl, Norsonic AS, Roadway Noise Reduction Systems LLC., Valmont Industries Inc., Wallmark Fencing Solutions Pty Ltd., and Zonaproducts Corporation |
Key Segments of the Soundwall
By Type Overview, 2021-2031 (USD Billion)
• Ground-Mounted Noise Barrier
• Structure-Mounted Noise Barrier
By Application Overview, 2021-2031 (USD Billion)
• Construction
• Transportation
• Industrial Sections
• Airport
• Others
Regional Overview, 2021-2031 (USD Billion)
North America
• U.S
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and Africa