Sound Masking System Market Research Report - Global Forecast till 2030

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 2030

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

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

Sound Masking System Market

The Sound Masking System Market Revenue will be USD 310.35 Million by 2030. This global market is expected to expand with a CAGR of 5.28%

Segmentation

By Type Networked And Non Networked
By Application Hospitals & Healthcare Hotels Offices Education

Key Players

  • 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).

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.
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Sound Masking System Market Overview:
According to the researches, Sound Masking System Market Revenue will be USD 310.35 Million by 2030. This global market is expected to expand with a CAGR of 5.28 percent. For increasing demand, India is expected to grow with the highest CAGR of 7.4 percent. Companies like Alfa Eco Care Projects Pvt. Ltd or Tarte Engineers Pvt. Ltd is also responsible for this immense Sound Masking System Market Growth in the country in the forecast period. 


Sound masking devices are used in the offices to lower the human noise level and create a soft and quiet environment for the employees. In an office, the noise level is generally low. Therefore, the chances of hearing conversations are easy. This seems problematic. The sound masking system makes the noisy distractions and undesirable conversations or sounds less audible. The sound masking system emits a background sound that is inconspicuous and soft using a loudspeaker system. This becomes uniform and keeps people away from the unintentional hearing of conversations. Keeping the privacy of conversation in mind, designers need to take care of many aspects while designing a sound masking system. They take care of elements to absorb, block and add a sound that only creates a beautiful acoustic environment. In earlier days, people used carpets, cubicles, ceiling fans, or blocking walls to absorb the noise. But these are quite costly as options. The sound masking system is economical because it not only blocks the noise but provides a soothing sound that only feels like a gentle airflow.


This report of Sound Masking System Market Analysis consists of market dynamics, market overview, and segmented view. Also, from this report, you can find the drivers, key players opportunities, restraints, and the expected market growth of the sound masking system. In short, the report will give a 360% overview of the market for sound masking systems.


Sound Masking System Market Covid-19 impact Analysis:
The covid-19 pandemic started in china and spread all over the world at a rapid speed. The worst affected countries like the US, Brazil, India, UK, Turkey, Russian, Spain, Italy are some of the worst affected ones that witnessed a large number of deaths. Various country's economy and industries have been majorly affected. The lockdowns, shutdowns, travel bans are affecting almost all businesses. The pandemic also hugely impacted the manufacturing of products and delivering them. Therefore, many companies have already confirmed delays in product delivery across the world. In addition to this, many countries are getting affected by global travel bans. The global bans are also affecting the business partnerships and collaborations between European, North American, and Asia-Pacific countries.


Value Chain Analysis:
Based on type, the sound masking system market is divided into two segments- networked and non-networked. In 2018, the network segment was behind the biggest market share. However, it is anticipated that the non-networked segment will register with a higher CAGR of 5.4 percent in the Sound Masking System Market Forecast period. Based on end-user applications, the market is segmented into offices, healthcare, hotels, education, and others. In 2018, the healthcare segment was responsible for the major market share with 36.1 percent. Healthcare and hospital segment is expected to grow with a greater CAGR during the forecast period.  


Market Dynamics:
Based on type, the sound masking system market is divided into two segments- networked and non-networked. In 2018, the network segment was behind the biggest market share. However, it is anticipated that the non-networked segment will register with a higher CAGR of 5.4 percent in the Sound Masking System Market Forecast period.


Drivers:
The increasing demand for smart buildings and spaces for offices, less intrusive and quieter, and ambiance and speech privacy are the main drivers behind the market growth. This system protects private conversations, which is necessary for an organisation's confidentiality. It also provides a soothing acoustic work environment. 


Restrains:
The biggest restrain of the market is the installing job is very much tedious and costly. Also, you need experts in the direction with the proper knowledge to installing the system. 


Opportunity:
The global Sound Masking System Market Size is anticipated to grow during the forecast period. The key players are providing new statistics and trends which will create new Sound Masking System Market Opportunities.


Cumulative Market Overview:
The global market is segmented into regional divisions. Among all the regions, the market in Europe held the dominant share in 2018. The European market is mainly driven by Germany, UK, France, Spain, and others. Further, among these nations, Germany held the dominant share of the market by 15% in 2018. The maximum growth of the region is backed up by the hotel industries and the increasing revenues of the rooms and the hotel-organized exhibition. Europe is anticipated to grow by 1.50% of the speed in the assessment period. This is assumed that the growth will have a positive impact in the long run on the Sound Masking System Market Demand. 


Sound Masking System Market Segment Overview:
The sound masking system market is segmented into- type, technology type, machine type, end-users, and a number of axes. 


By Type:
Based on the type of the masking, the market is further segmented into-



  • Frequency masking 

  • Temporal masking

  • Post masking

  • Pre masking


By Quiet Technology:
Based on the quiet technology, the market is divided into the sub-segments-



  • QT 100

  • QT 200

  • QT 600


By end-user Applications:
Based on the end-user applications, the sound masking system market is divided into



  • Hotels

  • Hospitals

  • Private offices

  • Open offices

  • Banks

  • Home

  • Pharmacies

  • Receptions

  • Waiting rooms

  • Public hallways

  • Others


Sound Masking System Market Regional Analysis:
Region-wise, Sound Masking System Market Outlook is divided into many regions, such as North America, Canada, U.S, Germany, Europe, Italy, Russia, Asia-Pacific, Japan, China, South Korea, India, Taiwan, Australia, Malaysia, Thailand, Indonesia, Philippines, Argentina, Brazil, Mexico, Middle East and Africa, Turkey, Saudi Arabia And U.A.E. among all the regions in the market, Asia-pacific holding the highest place of manufacturing and consuming because of the increasing demand in India, China, and Japan. 


After pacific Asia, north Europe holds the second regional place and Europe holds third place. All of them are indulging in incorporating new technology in the devices. Therefore, all regional markets are working on the new technologies. In addition to this, Latin America and MEA hold a decent Sound Masking System Market Share as well. 


Sound Masking System Market Major Key Players:


  • DUKANE

  • GSA sound masking

  • Cambridge sound management of QT

  • Lencore

  • Soundtrack

  • Communication service corporation

  • Pro acoustics

  • Login

  • ARCAT

  • Soft DB

  • Herman miller

  • Vibra sonic

  • Pro circuit incorporated

  • Report overview

  • This report comprises of

  • Market overview

  • Covid-19 impact

  • Value chain analysis

  • Market dynamics

  • Drivers

  • Restrains

  • Challenges

  • Cumulative market growth

  • Segmented view

  • Regional view


Recent Developments:
In August 2019, Soft dB launched one of their sound masking speakers in the market- the SMS-SURF4. The device complies with regulations of the CCEA (City of Chicago Environmental Air).



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 310.35 Million (2030)
  CAGR   5.28% (2030)
  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.


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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 2020–2030 period.

Growing at a CAGR of 5.28%, the market will exhibit steady growth in the forecast period (2020-2030)

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.