Global Architectural Acoustic Panels Market Size study & Forecast, by Product Type (Metal Acoustic Panels, Plastic Acoustic Panels, Wood Acoustic Panels), By Application (Residential, Commercial, and Industrial) and Regional Analysis, 2022-2029
Global Architectural Acoustic Panels Market is valued at approximately USD 7.37 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2022-2... もっと見る
SummaryGlobal Architectural Acoustic Panels Market is valued at approximately USD 7.37 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2022-2029. Architectural Acoustic Panels refers to a type of sound-absorbing panel employed to reduce the background noise and reduce resonance and echo in different space including homes, offices hotels, cinema halls, concerts hall and so on. These panels are made of plastic and non-plastic materials with varying layers of acoustic foam. Moreover, acoustic panels absorb the noise frequencies on the surface. The increasing expansion of the commercial construction sector and growing urbanization in emerging regions as well as strategic initiatives from leading market players are key factors accelerating the market growth.The increasing expansion of commercial construction activities due to rapid industrialization and infrastructure development is contributing to the Global Architectural Acoustic Panels Market. For instance, according to Statista – in 2019, the U.S. commercial construction market was valued at USD 80.44 billion, and it further increased to USD 91.03 billion in 2021. Moreover, as per Statista – in 2020, the total number of commercial buildings in South Korea was estimated at 1.32 million units, and it further increased to 1.34 million units in 2021. Also, the growing expansion of the hospitality sector and rising investment in infrastructure development would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Architectural Acoustic Panels and issues pertaining to performance acoustic panels stifles market growth throughout the forecast period of 2022-2029. The key regions considered for the Global Architectural Acoustic Panels Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing government spending towards infrastructure development coupled with the rising expansion of the hospitality sector in the region. Whereas Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising construction of commercial buildings and an increasing number of construction activities across the UK, Germany, Italy, and France among others. Major market player included in this report are: Saint- Gobain (France) Armstrong (U.S.) Knauf Insulation (U.S.) Beijing New Building Material Public Limited Company (China) Jiangsu Burgeree New Technology Materials Co, LTD. (China) Beiyang Building Material Co.,Ltd Greener Acoustics (South Africa) Leeyin Acoustics Technology Co. Ltd (China) Hunter Douglas (Netherlands) Hebei Borunde Building Materials Co. Ltd(China) Recent Developments in the Market: In October 2021, Armstrong Ceiling and Wall Solutions rolled out its New Tectum Create! Direct-Attach panels. These new panes come with printed images and acoustical properties to enhance the aesthetics of the interior space. These 0.85 NRC-rated products were launched with different designs such as Textured Hex, Rustic Plank, Exposed Brick, and Steady Wave. Global Architectural Acoustic Panels Market Report Scope: Historical Data 2019-2020-2021 Base Year for Estimation 2021 Forecast period 2022-2029 Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends Segments Covered Product Type, Application, Region Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope* The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study. The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Product Type Metal Acoustic Panels Plastic Acoustic Panels Wood Acoustic Panels By Application Residential Commercial Industrial By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico RoLA Rest of the World Table of ContentsChapter 1. Executive Summary1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion) 1.2.1. Architectural Acoustic Panels Market, by Region, 2019-2029 (USD Billion) 1.2.2. Architectural Acoustic Panels Market, by Product Type, 2019-2029 (USD Billion) 1.2.3. Architectural Acoustic Panels Market, by Application, 2019-2029 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Architectural Acoustic Panels Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Architectural Acoustic Panels Market Dynamics 3.1. Architectural Acoustic Panels Market Impact Analysis (2019-2029) 3.1.1. Market Drivers 3.1.1.1. Increasing expansion of commercial construction sector 3.1.1.2. Growing urbanization in emerging regions 3.1.1.3. Strategic initiatives from leading market players 3.1.2. Market Challenges 3.1.2.1. High Cost of Architectural Acoustic Panels 3.1.2.2. Issues pertaining to performance acoustic panels 3.1.3. Market Opportunities 3.1.3.1. Growing expansion of hospitality sector 3.1.3.2. Rising investment in infrastructure development Chapter 4. Global Architectural Acoustic Panels Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029) 4.3. PEST Analysis 4.3.1. Political 4.3.2. Economical 4.3.3. Social 4.3.4. Technological 4.4. Top investment opportunity 4.5. Top winning strategies 4.6. Industry Experts Prospective 4.7. Analyst Recommendation & Conclusion Chapter 5. Risk Assessment: COVID-19 Impact 5.1. Assessment of the overall impact of COVID-19 on the industry 5.2. Pre COVID-19 and post COVID-19 Market scenario Chapter 6. Global Architectural Acoustic Panels Market, by Product Type 6.1. Market Snapshot 6.2. Global Architectural Acoustic Panels Market by Product Type, Performance - Potential Analysis 6.3. Global Architectural Acoustic Panels Market Estimates & Forecasts by Product Type 2019-2029 (USD Billion) 6.4. Architectural Acoustic Panels Market, Sub Segment Analysis 6.4.1. Metal Acoustic Panels 6.4.2. Plastic Acoustic Panels 6.4.3. Wood Acoustic Panels Chapter 7. Global Architectural Acoustic Panels Market, by Application 7.1. Market Snapshot 7.2. Global Architectural Acoustic Panels Market by Application, Performance - Potential Analysis 7.3. Global Architectural Acoustic Panels Market Estimates & Forecasts by Application 2019-2029 (USD Billion) 7.4. Architectural Acoustic Panels Market, Sub Segment Analysis 7.4.1. Residential 7.4.2. Commercial 7.4.3. Industrial Chapter 8. Global Architectural Acoustic Panels Market, Regional Analysis 8.1. Architectural Acoustic Panels Market, Regional Market Snapshot 8.2. North America Architectural Acoustic Panels Market 8.2.1. U.S. Architectural Acoustic Panels Market 8.2.1.1. Product Type breakdown estimates & forecasts, 2019-2029 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029 8.2.2. Canada Architectural Acoustic Panels Market 8.3. Europe Architectural Acoustic Panels Market Snapshot 8.3.1. U.K. Architectural Acoustic Panels Market 8.3.2. Germany Architectural Acoustic Panels Market 8.3.3. France Architectural Acoustic Panels Market 8.3.4. Spain Architectural Acoustic Panels Market 8.3.5. Italy Architectural Acoustic Panels Market 8.3.6. Rest of Europe Architectural Acoustic Panels Market 8.4. Asia-Pacific Architectural Acoustic Panels Market Snapshot 8.4.1. China Architectural Acoustic Panels Market 8.4.2. India Architectural Acoustic Panels Market 8.4.3. Japan Architectural Acoustic Panels Market 8.4.4. Australia Architectural Acoustic Panels Market 8.4.5. South Korea Architectural Acoustic Panels Market 8.4.6. Rest of Asia Pacific Architectural Acoustic Panels Market 8.5. Latin America Architectural Acoustic Panels Market Snapshot 8.5.1. Brazil Architectural Acoustic Panels Market 8.5.2. Mexico Architectural Acoustic Panels Market 8.5.3. Rest of Latin America Architectural Acoustic Panels Market 8.6. Rest of The World Architectural Acoustic Panels Market Chapter 9. Competitive Intelligence 9.1. Top Market Strategies 9.2. Company Profiles 9.2.1. Saint- Gobain (France) 9.2.1.1. Key Information 9.2.1.2. Overview 9.2.1.3. Financial (Subject to Data Availability) 9.2.1.4. Product Summary 9.2.1.5. Recent Developments 9.2.2. Armstrong (U.S.) 9.2.3. Knauf Insulation (U.S.) 9.2.4. Beijing New Building Material Co. Ltd(China) 9.2.5. Jiangsu Burgeree New Technology Materials Co, LTD. (China) 9.2.6. Beiyang Building Material Co. LTd(China) 9.2.7. Greener Acoustics (South Africa) 9.2.8. Leeyin Acoustic Technology Co. Ltd (China) 9.2.9. Hunter Douglas (Netherlands) 9.2.10. Hebei Borunde Building Material Co. Ltd(China) Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.2. Research Attributes 10.3. Research Assumption
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