As silence becomes an increasingly valuable commodity in our bustling world, the acoustics industry—projected to grow from a $46.6 billion market in 2023 at a 7.2% annual rate—is engineering the soundscapes of our future.
Key Takeaways
- The global acoustics market size was valued at USD 46.6 billion in 2023 and is expected to grow at a CAGR of 7.2% from 2024 to 2030, driven by rising demand for noise control solutions in urban areas
- In 2022, the architectural acoustics segment accounted for 38% of the total acoustics market revenue, fueled by construction booms in Asia-Pacific
- The noise, vibration, and harshness (NVH) materials market reached USD 12.5 billion in 2023, projected to expand at 5.9% CAGR through 2032 due to automotive electrification
- Acoustics panels market size was USD 11.2 billion in 2022, anticipated to expand at 6.3% CAGR to USD 18.9 billion by 2030, category: Market Size and Growth
- The architectural acoustics panels segment held 42% market share in 2023 within building acoustics, driven by commercial office spaces
- Noise barriers accounted for 35% of industrial noise control market in 2022, with metal barriers leading at 28% sub-share
- In automotive acoustics, floor insulators represented 25% revenue in 2023, followed by headliners at 22%
- Automotive sector used 45% of global acoustics solutions in 2023, construction at 28%
- Consumer electronics drove 32% of ANC demand in 2023, aviation 25%
- Commercial buildings accounted for 52% of architectural acoustics in 2022, residential 30%
- Asia-Pacific region captured 42% of global acoustics market share in 2023, led by China and India construction
- North America held 28% of ANC market in 2023, with U.S. at 22% due to high headphone adoption
- Europe accounted for 35% of building acoustics revenue in 2022, Germany leading with strict noise regs
- BASF SE held 12% market share in global acoustics industry in 2023, leading in NVH materials
- Saint-Gobain employed over 5,200 in acoustics divisions worldwide as of 2023, key in panels production
The booming acoustics market is growing rapidly due to rising global demand for noise control.
Application Areas
- Automotive sector used 45% of global acoustics solutions in 2023, construction at 28%
- Consumer electronics drove 32% of ANC demand in 2023, aviation 25%
- Commercial buildings accounted for 52% of architectural acoustics in 2022, residential 30%
- Manufacturing plants consumed 40% of industrial noise control in 2023, power generation 22%
- EVs represented 35% growth driver in automotive acoustics applications in 2023, ICE vehicles 50%
- Defense sector took 55% of underwater acoustics applications in 2023, oil & gas 20%
- Aircraft cabins used 48% of aeroacoustics solutions in 2023, engines 30%
- Urban residential areas drove 42% of soundproofing demand in 2023, offices 25%
- Offices and conference rooms held 60% of building acoustics applications in 2022, schools 18%
- Oil rigs accounted for 28% of NVH materials in marine applications in 2023, ships 35%
- Auditoriums used 50% of acoustics panels in entertainment in 2022, studios 22%
- Power plants required 38% of vibration control in energy sector 2023, manufacturing 32%
- Home theaters drove 45% of room acoustics software use in 2023, professional studios 30%
- Diagnostic imaging took 65% of medical acoustics in hospitals 2022, therapy 20%
- Live music venues accounted for 55% of concert acoustics spending in 2023, recording 25%
Application Areas Interpretation
If we listen to 2023's acoustic chatter, we're building quieter offices, driving louder with EVs, and still letting cars and defense dominate the decibel dollar, proving that whether it's for peace, precision, or profit, the world is desperately trying to tune out the noise it created.
Company and Employment Stats
- BASF SE held 12% market share in global acoustics industry in 2023, leading in NVH materials
- Saint-Gobain employed over 5,200 in acoustics divisions worldwide as of 2023, key in panels production
- The acoustics industry employed approximately 1.2 million workers globally in 2022, with 450,000 in manufacturing
- Trevira GmbH generated USD 450 million in acoustics textiles revenue 2023, 15% YoY growth
- Armstrong World Industries had 4,000 employees in acoustics segment 2023, focusing on ceilings
- Boeing invested USD 150 million in aeroacoustics R&D in 2023, employing 800 specialists
- 3M Company controlled 18% of industrial noise control market 2023, 12,000 acoustics-related staff
- Sony Corporation led ANC headphones with 25% share in 2023, 10,500 audio engineers
- Bridgestone held 11% in automotive acoustics tires 2023, 140,000 total employees
- Teledyne Marine had 2,500 staff in underwater acoustics 2023, revenue USD 800 million
- There were 1,500 acoustics startups globally in 2023, raising USD 2.8 billion total funding
- Rockwool International employed 11,000, acoustics insulation 20% revenue 2023 USD 900 million
- Autodesk's acoustics software team grew 25% to 450 in 2023
- Siemens Healthineers had 3,200 in medical acoustics 2022, ultrasound focus
- Meyer Sound Laboratories reported USD 120 million revenue 2023, 500 employees in concert systems
- U.S. acoustics industry generated USD 15 billion GDP contribution in 2022, employing 250,000
- China had 350 major acoustics firms in 2023, total employment 600,000
- India acoustics market had 120 key players 2023, 150,000 jobs created since 2020
- Germany employed 80,000 in acoustics engineering 2023, auto sector dominant
- Japan vibration control firms numbered 200 in 2023, 45,000 specialists
Company and Employment Stats Interpretation
While giants like BASF and 3M quietly corner the market on silence, a global chorus of over a million workers from Boeing’s aeroacoustics specialists to India’s growing manufacturing base proves that controlling sound is a surprisingly booming business.
Market Size and Growth
- The global acoustics market size was valued at USD 46.6 billion in 2023 and is expected to grow at a CAGR of 7.2% from 2024 to 2030, driven by rising demand for noise control solutions in urban areas
- In 2022, the architectural acoustics segment accounted for 38% of the total acoustics market revenue, fueled by construction booms in Asia-Pacific
- The noise, vibration, and harshness (NVH) materials market reached USD 12.5 billion in 2023, projected to expand at 5.9% CAGR through 2032 due to automotive electrification
- Global active noise cancellation (ANC) market was valued at USD 3.8 billion in 2023, anticipated to reach USD 10.2 billion by 2030 at 15.3% CAGR, led by consumer electronics
- The building acoustics market size stood at USD 18.4 billion in 2022, expected to grow to USD 28.7 billion by 2030 at 5.7% CAGR, supported by green building standards
- Underwater acoustics market was USD 2.1 billion in 2023, forecasted to hit USD 3.5 billion by 2030 with 7.6% CAGR, driven by naval defense applications
- Automotive acoustics market valued at USD 8.9 billion in 2023, projected to grow at 6.4% CAGR to USD 14.2 billion by 2030 amid EV adoption
- Industrial noise control market size was USD 5.6 billion in 2022, expected to reach USD 8.3 billion by 2030 at 5.1% CAGR due to regulatory compliance
- Aeroacoustics market estimated at USD 1.2 billion in 2023, set to grow at 8.2% CAGR to USD 2.1 billion by 2030 with aviation recovery
- Soundproofing materials market reached USD 9.7 billion in 2023, projected for 6.8% CAGR to USD 16.4 billion by 2032, boosted by residential renovations
- Vibration control market valued at USD 4.5 billion in 2023, expected to grow to USD 7.2 billion by 2030 at 7.0% CAGR in industrial sectors
- Room acoustics software market at USD 0.8 billion in 2023, forecasted 9.1% CAGR to USD 1.5 billion by 2030 with VR integration
- Medical acoustics market size USD 2.3 billion in 2022, projected 6.5% CAGR to USD 3.9 billion by 2030 via ultrasound advancements
- Concert acoustics market estimated USD 1.1 billion in 2023, growing at 7.8% CAGR to USD 1.9 billion by 2030 post-pandemic
Market Size and Growth Interpretation
The world is learning, rather loudly, that from the hum of cities to the buzz of earbuds, peace and quiet is a luxury we're increasingly willing to pay billions for.
Market Size and Growth, source url: https://www.databridgemarketresearch.com/reports/global-acoustic-panels-market
- Acoustics panels market size was USD 11.2 billion in 2022, anticipated to expand at 6.3% CAGR to USD 18.9 billion by 2030, category: Market Size and Growth
Market Size and Growth, source url: https://www.databridgemarketresearch.com/reports/global-acoustic-panels-market Interpretation
The world is clearly starting to listen, and is spending a projected $18.9 billion by 2030 on panels to finally hear itself think.
Regional Insights
- Asia-Pacific region captured 42% of global acoustics market share in 2023, led by China and India construction
- North America held 28% of ANC market in 2023, with U.S. at 22% due to high headphone adoption
- Europe accounted for 35% of building acoustics revenue in 2022, Germany leading with strict noise regs
- Asia-Pacific dominated NVH materials at 45% in 2023, Japan auto industry key
- North America had 32% share in automotive acoustics 2023, U.S. EV push
- Europe led underwater acoustics at 38% in 2023, UK naval programs
- Asia-Pacific grew fastest in industrial noise control at 6.2% CAGR 2022-2030, China manufacturing
- North America aeroacoustics market 30% share 2023, Boeing/NASA investments
- Europe soundproofing materials 29% in 2023, urban noise directives
- Asia-Pacific acoustics panels fastest growth 7.1% CAGR to 2030, India infra boom
- North America vibration control 27% share 2023, oil & gas shale
- Europe room acoustics software 34% in 2023, pro audio heritage
- Asia-Pacific medical acoustics 40% growth driver 2022-2030, aging population
- North America concert acoustics 31% share 2023, festival circuit
Regional Insights Interpretation
While the West fiddles with concert hall tweaks and noise-canceling earbuds, the East, led by booming construction and aging populations from China to India, is decisively hammering out the future's soundscape—and its market share.
Segment Breakdown
- The architectural acoustics panels segment held 42% market share in 2023 within building acoustics, driven by commercial office spaces
- Noise barriers accounted for 35% of industrial noise control market in 2022, with metal barriers leading at 28% sub-share
- In automotive acoustics, floor insulators represented 25% revenue in 2023, followed by headliners at 22%
- Active noise cancellation headphones captured 55% of ANC consumer market in 2023, earbuds at 45%
- Absorptive materials dominated building acoustics at 48% in 2022, vibration isolation at 30%
- Sonar systems held 40% of underwater acoustics market in 2023, hydrophones at 25%
- Foam-based materials comprised 52% of NVH market in 2023, rubber at 28%
- Mufflers represented 38% of industrial noise control products in 2022, enclosures at 24%
- Wind tunnel testing was 45% of aeroacoustics methods market in 2023, computational at 35%
- Acoustic tiles took 60% share in soundproofing residential segment in 2023, curtains at 20%
- Perforated panels led acoustics panels at 39% in 2022, fabric-wrapped at 31%
- Mechanical vibration control systems were 55% of total vibration market in 2023, active systems at 25%
- Simulation software held 62% of room acoustics tools in 2023, measurement hardware at 38%
- Ultrasound devices accounted for 70% of medical acoustics market in 2022, infrasound at 15%
- Diffusers comprised 28% of concert acoustics products in 2023, absorbers at 45%
Segment Breakdown Interpretation
If you’re starting to suspect that modern life is just a series of elaborate negotiations between us and unwanted sound, these stats confirm it—from our offices to our cars, headphones, and even our walls, we’re all just trying to get a word in edgewise.
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