Sound Masking System Market Research Report - Global Forecast till 2027

Global Sound Masking System Market Research Report: by Type (Networked and Non-Networked), by Application (Hospitals & Healthcare, Hotels, Offices, Education and others), by Region (US, Europe, China, Japan, India, South-East Asia, Central and South America and Rest of the World) - Forecast till 2027

ID: MRFR/ICT/6673-CR | July 2019 | Region: Global | 66 pages

Market Snapshot


Workplace acoustics has become one of the vital elements for an enterprise to increase the productivity, privacy, and comfort of employees. Therefore, installing sound masking systems in the workplace enables speech privacy of workforces in the open, as well as in private offices. A sound masking system is a standalone system that comprises speakers, hardware module, adaptive sensors, and amplifiers that add the unobtrusive sound to an environment to mask unwanted disruptive noises. The systems emit a soft, inconspicuous background sound with the use of a loudspeaker system. The ambient sound level becomes more uniform, thereby preventing undesirable conversations and other noise distractions. This allows fewer distractions and offers employees the ability able to concentrate better, thereby providing better results and increasing productivity.


According to MRFR analysis, the sound masking systems market is expected to register moderate growth during the forecast period. The increasing need for smart spaces and buildings in the work environment, advancements in building systems such as quieter HVAC systems, need for high-quality ceiling tiles and enhanced design techniques for lowering the ambient background sound, and need for additional speech privacy are some of the factors that are driving the growth of the market. On the other hand, high installation costs and lack of awareness among the small- and medium-sized enterprises are some of the challenging factors for the growth of the market.


The Global Sound Masking System Market is expected to expand at 4.8% CAGR with a market value of 171.38 million in 2025


Companies Covered


The key players of the global sound masking system market are Cambridge Sound Management (US), K.R. Moeller Associates Ltd (Canada), Soundmask Global Pty Ltd (Australia), Speech Privacy Systems (US), AtlasIED (US), AET (UK), SoftDB (Canada), Lencore (US), Jade Communications Inc.(US), Pro Circuit Inc. (US), and Dukane AV Inc. (US).  sound masking system market


Source : MRFR Analysis


Synopsis


The sound masking system market has been segmented on the basis of type, application, and region.


Based on type, the sound masking system has been segmented into networked and non-networked. The networked segment accounted for the larger market share in 2018, whereas the non-networked segment is expected to register the higher CAGR of 5.4% during the forecast period


Based on application, the sound masking system has been segmented into hospitals & healthcare, hotels, offices, education, and others. The offices segment accounted for the largest market share of 36.1% in 2018, while hospitals & healthcare is expected to register higher CAGR during the assessment period.


Regional Analysis


Geographically, the global sound masking system market has been segmented into the US, Europe, China, Japan, India, South-East Asia, Central & South America, and Rest of the World. Europe accounted for the largest market size for the sound masking system in 2018 due to the presence of major key players of the market such as AET GB Limited, Soft dB Northern Europe, K.R. Moeller Associates Ltd in the country. Also, the rapid growth of small and medium enterprises (SMEs) and the banking sector is also another factor responsible for the growth of the sound masking system market in the country.


The market in India is expected to register the highest CAGR of 7.4% during the forecast period due to the increasing demand for sound masking system in commercial offices to reduce noise distractions and provide speech privacy. Also, the presence of companies such as Alfa Eco Care Projects Pvt Ltd, and Tarte Engineers Pvt. Ltd is another factor responsible for the growth of the sound masking system market in the country.


Key Developments  



  • In October 2018, Cambridge Sound Management announced a strategic partnership with Focal Point. The companies bring together deep expertise in architectural design, lighting, and acoustics, with a focus on improving employees’ well-being using treatments that absorb and mask sound to create the optimal acoustical and visual environment. The business partnership will consist of co-marketing initiatives, business development, and a nationwide AIA accredited educational seminar series covering workplace acoustics.



  • In December 2018, Biamp acquired Cambridge Sound Management, a leading provider of direct and in-plenum sound masking solutions. With approximately 50% of the market share and more than 20,000 installations, its systems are being put to work at organizations of all sizes and types including over half of Fortune 100 companies that use the company’s services to manage sound effectively and create satisfying working conditions within dense open office environments and other settings.


Market Segmentation



  • By Type— Networked and Non-Networked

  • By Application —Hospitals & healthcare, Hotels, Offices, Education, and Others


Key questions addressed by the report



  • What was the historic market size (2018)?

  • Which segmentation (type/application) are driving the market?

  • What will be the growth rate by 2025?

  • Who are the key players in this market?

  • What are the strategies adopted by key players?



Report Scope:
Report Attribute/Metric Details
  Market Size   171.38 Million (2025)
  CAGR   4.8% (2018)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Type, by Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Cambridge Sound Management (US), K.R. Moeller Associates Ltd (Canada), Soundmask Global Pty Ltd (Australia), Speech Privacy Systems (US), AtlasIED (US), AET (UK), SoftDB (Canada), Lencore (US), Jade Communications Inc.(US), Pro Circuit Inc. (US), and Dukane AV Inc. (US).
  Key Market Opportunities   The increasing need for smart spaces and buildings in the work environment, advancements in building systems such as quieter HVAC systems, need for high-quality ceiling tiles and enhanced design techniques for lowering the ambient background sound, and need for additional speech privacy are some of the factors that are driving the growth of the market.
  Key Market Drivers   The rapid growth of small and medium enterprises (SMEs) and the banking sector is also another factor responsible for the growth of the sound masking system market in the country.


Frequently Asked Questions (FAQ) :


The Global Sound Masking System Market is expected to reach 171.38 Million by 2025, registering a CAGR of 4.8% during the 2019–2025 period.

Growing at a CAGR of 4.8%, the market will exhibit steady growth in the forecast period (2018-2025)

The key players of the global sound masking system market are Cambridge Sound Management (US), K.R. Moeller Associates Ltd (Canada), Soundmask Global Pty Ltd (Australia), Speech Privacy Systems (US), AtlasIED (US), Jade Communications Inc.(US), Pro Circuit Inc. (US), and Dukane AV Inc. (US).

The market in India is expected to register the highest CAGR of 7.4% during the forecast period due to the increasing demand for sound masking system in commercial offices to reduce noise distractions and provide speech privacy.

The networked sound masking can be installed in areas including office environments, healthcare facilities, education institutes, and hotels buildings. This one of the major factors responsible for the growth of the sound masking system market during the forecast period.

1 Executive Summary

2 Market Introduction

2.1 Definition 12

2.2 Scope of the Study 12

2.3 Market Structure 12

3 Research Methodology

3.1 Research Process 13

3.2 Primary Research 14

3.3 Secondary Research 15

3.4 Market Size Estimation 15

3.5 Forecast Model 16

3.6 List of Assumptions 17

4 Market Dynamics

4.1 Introduction 18

4.2 Drivers 19

4.2.1 Need for Speech Privacy in Office Buildings 19

4.2.2 Growing Adoption of Sound Masking System in the Healthcare Industry 19

4.2.3 Drivers Impact Analysis 20

4.3 Opportunities 20

4.3.1 Introduction of Fusion Sound Masking Technology 20

4.4 Challenges 20

4.4.1 Limited Adoption by SMEs 20

5 Market Factor Analysis

5.1 Value Chain Analysis 21

5.1.1 Vendors/Service Providers 22

5.1.2 Channel Partners/Value-Added Sellers/Integration Partners 22

5.1.3 End Users 22

5.2 Porter’s Five Forces Model 23

5.2.1 Threat of New Entrants 23

5.2.2 Bargaining Power of Suppliers 24

5.2.3 Threat of Substitutes 24

5.2.4 Bargaining Power of Buyers 24

5.2.5 Intensity of Rivalry 24

6 Global Sound Masking System Market, By Type

6.1 Overview 25

6.2 Networked 25

6.3 Non-networked 25

7 Global Sound Masking System Market, By Application

7.1 Overview 27

7.2 Hospitals & Healthcare 27

7.3 Hotels 27

7.4 Offices 27

7.5 Education 28

7.6 Others 28

8 Global Sound Masking System Market, By Region

8.1 Overview 30

8.2 US 32

8.3 Europe 34

8.4 China 37

8.5 Japan 39

8.6 India 41

8.7 Southeast Asia 43

8.8 Central and South America 45

8.9 Rest of the World 48

9 Competitive Landscape

9.1 Competitive Overview 50

9.2 Competitive Benchmarking 51

10 Company Profiles

10.1 Cambridge Sound Management 52

10.1.1 Company Overview 52

10.1.2 Financial Overview 52

10.1.3 Products/Services/Solutions Offered 52

10.1.4 Key Developments 53

10.1.5 Key Strategies 53

10.2 K.R Moeller Associates Ltd 54

10.2.1 Company Overview 54

10.2.2 Financial Overview 54

10.2.3 Products/Services/Solutions Offered 54

10.2.4 Key Developments 54

10.2.5 Key Strategies 55

10.3 Soundmask Global Pty Ltd 56

10.3.1 Company Overview 56

10.3.2 Financial Overview 56

10.3.3 Products/Services/Solutions Offered 56

10.3.4 Key Strategies 56

10.4 Speech Privacy Systems 57

10.4.1 Company Overview 57

10.4.2 Financial Overview 57

10.4.3 Products/Services/Solutions offered 57

10.4.4 Key Developments 57

10.4.5 Key Strategies 58

10.5 AtlasIED 59

10.5.1 Company Overview 59

10.5.2 Financial Overview 59

10.5.3 Products/Services/Solutions Offered 59

10.5.4 Key Developments 59

10.5.5 Key Strategies 60

10.6 AET 61

10.6.1 Company Overview 61

10.6.2 Financial Overview 61

10.6.3 Products/Services/Solutions Offered 61

10.6.4 Key Developments 61

10.6.5 Key Strategies 61

10.7 Soft DB 62

10.7.1 Company Overview 62

10.7.2 Financial Overview 62

10.7.3 Products/Services/Solutions Offered 62

10.7.4 Key Developments 62

10.7.5 Key Strategies 62

10.8 Lencore 63

10.8.1 Company Overview 63

10.8.2 Financial Overview 63

10.8.3 Products/Services/Solutions Offered 63

10.9 Jade Communications Inc 64

10.9.1 Company Overview 64

10.9.2 Financial Overview 64

10.9.3 Products/Services/Solutions Offered 64

10.10 Pro Circuit Inc 65

10.10.1 Company Overview 65

10.10.2 Financial Overview 65

10.10.3 Products/Services/Solutions offered 65

10.11 Dukane AV Inc 66

10.11.1 Company Overview 66

10.11.2 Financial Overview 66

10.11.3 Products/Services/Solutions Offered 66


11 List of Tables

TABLE 1 LIST OF ASSUMPTIONS 17

TABLE 2 GLOBAL SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 26

TABLE 3 GLOBAL SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 29

TABLE 4 GLOBAL SOUND MASKING SYSTEM MARKET, BY REGION, 2020–2027 (USD MILLION) 31

TABLE 5 US: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 32

TABLE 6 US: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 33

TABLE 7 EUROPE: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 35

TABLE 8 EUROPE: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 36

TABLE 9 CHINA: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 37

TABLE 10 CHINA: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 38

TABLE 11 JAPAN: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 39

TABLE 12 JAPAN: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 40

TABLE 13 INDIA: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 41

TABLE 14 INDIA: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 42

TABLE 15 SOUTHEAST ASIA: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 43

TABLE 16 SOUTHEAST ASIA: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 44

TABLE 17 CENTRAL AND SOUTH AMERICA: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 46

TABLE 18 CENTRAL AND SOUTH AMERICA: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 47

TABLE 19 REST OF THE WORLD: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 48

TABLE 20 REST OF THE WORLD: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 49


12 List of Figures

FIGURE 1 MARKET SYNOPSIS 11

FIGURE 2 GLOBAL SOUND MASKING SYSTEM MARKET: MARKET STRUCTURE 12

FIGURE 3 RESEARCH PROCESS OF MRFR 13

FIGURE 4 TOP DOWN & BOTTOM UP APPROACH 16

FIGURE 5 DRO ANALYSIS OF GLOBAL SOUND MASKING SYSTEM MARKET 18

FIGURE 6 DRIVERS IMPACT ANALYSIS: SOUND MASKING SYSTEM MARKET 20

FIGURE 7 VALUE CHAIN: GLOBAL SOUND MASKING SYSTEM MARKET 21

FIGURE 8 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL SOUND MASKING SYSTEM MARKET 23

FIGURE 9 GLOBAL SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 26

FIGURE 10 GLOBAL SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 28

FIGURE 11 GLOBAL SOUND MASKING SYSTEM MARKET, BY REGION, 2020–2027 (USD MILLION) 30

FIGURE 12 US: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 32

FIGURE 13 US: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 33

FIGURE 14 EUROPE: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 34

FIGURE 15 EUROPE: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 35

FIGURE 16 CHINA: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 37

FIGURE 17 CHINA: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 38

FIGURE 18 JAPAN: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 39

FIGURE 19 JAPAN: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 40

FIGURE 20 INDIA: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 41

FIGURE 21 INDIA: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 42

FIGURE 22 SOUTHEAST ASIA: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 43

FIGURE 23 SOUTHEAST ASIA: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 44

FIGURE 24 CENTRAL AND SOUTH AMERICA: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 45

FIGURE 25 CENTRAL AND SOUTH AMERICA: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 46

FIGURE 26 REST OF THE WORLD: SOUND MASKING SYSTEM MARKET, BY TYPE, 2020–2027 (USD MILLION) 48

FIGURE 27 REST OF THE WORLD: SOUND MASKING SYSTEM MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 49

FIGURE 28 COMPETITIVE BENCHMARKING ANALYSIS IN 2020 51