Press release
Acoustics Market Forecasts Healthy Growth in Next 5 Years
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the acoustics market. The scope of this report covers the acoustics market by its major segments, which include the types, applications, and the major geographic regions.
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The global acoustics market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The Asia Pacific region holds the highest market share and is the largest revenue contributor of acoustics market. The region continues to dominate the global market during the forecasted period because of increasing urbanization and rise in demand for commercial and residential buildings. Next in line is the Middle East and Africa region which is witnessing a rapid market growth due to rapid urbanization. The North America region and Europe region are both acoustics friendly due to stringent government regulations for the noise pollution to be within allowable limits. Hence, these regions are experiencing a slow growth rate of the acoustics market.
MARKET SEGMENTATION
This report analyzes the acoustics market by the following segments:
Acoustics Market, by Material
1. Glass Wool
2. Stone Wool
3. Acoustic Fabrics
4. Acoustic Insulators
5. Fabric Absorbers
6. Fabric Dampeners
7. Fabric Diffusors
8. Fabric Noise Barriers
9. Fabric Ceilings
10. Foamed Plastic
11. Fabric Soundproofing Materials
12. Fabric Wall Materials
Acoustics Market, by End-use
1. Building & Construction
2. Industrial/HVAC & OEM
3. Transport
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