US Transparent Acoustic Panels Market Forecast to 2030 – COVID-19 Impact and Country Analysis – by Application (Ceilings, Walls, Desk Dividers, and Others) and End Use (Residential, Commercial, and Industrial)
The US transparent acoustic panels market is expected to grow from US$ 1.48 million in 2022 to US$ 2.26 million by 2030; it is expected to grow at a CAGR of 5.7% from 2023 to 2030.
Market Introduction
Transparent acoustic panels are specialized panels or materials that are designed to provide acoustic treatment while maintaining transparency or translucency. These panels are used to control sound reflections in space while allowing visual transparency, which is particularly useful in architectural and design applications where aesthetics and visibility are important. These panels are typically made from materials that have sound-absorbing properties, such as acrylic, polycarbonate, or glass. These panels are commonly used in spaces such as offices, conference rooms, auditoriums, music studios, and other environments where acoustic control is necessary without compromising the open and airy feel. Transparent acoustic panels are also used in residential settings, particularly in areas where noise reduction is required while maintaining the view or natural light. These essential properties are increasing the US transparent acoustic panels market share among consumers.
In the US, the demand for construction materials is booming with the rising number of residential and commercial construction projects. According to the US Census Bureau and the US Department of Housing and Urban Development, the completed number of new, privately owned housing units increased by 3.1% from August 2021 to August 2022. As per the US Census Bureau, 37 million (15%) adults aged 18 and above lived alone in 2021, up from 33 million (14%) in 2011. Thus, there has been a rise in the number of single and two-person households, indicating growth in residential construction projects. The aforementioned factors are driving the US transparent acoustic panels market growth.
Transparent acoustic panels offer a unique blend of functionality and aesthetics. As design becomes an essential consideration in various industries, including architecture, interior design, and commercial space, there is a growing demand for acoustic solutions that don't compromise the visual appeal of the environment. Transparent acoustic panels provide an elegant and sleek look while effectively addressing sound control requirements. Transparent acoustic panels are also used in control rooms, testing facilities, clean rooms, office spaces in industrial settings, and other industrial applications. Control rooms in industrial facilities such as power plants, manufacturing plants, and transportation hubs require effective communication and monitoring systems. Transparent acoustic panels can be used in the control room to regulate sound while maintaining visibility and clear communication between operators. Moreover, the US government has imposed various regulations for the safety of workers. For instance, Occupational Safety and Health (OSHA) is a federal agency responsible for ensuring safe and healthy working conditions in the US. OSHA has imposed permissible exposure limits (PELs) for occupational noise exposure in the workplace. As a part of the noise control strategy, transparent acoustic panels can be used to mitigate excessive noise levels and provide more comfortable working conditions.
Key Market Segments
Based on application, the US transparent acoustic panels market is segmented into ceilings, walls, desk dividers, and others. In 2022, the walls segment dominated the market and is expected to register the highest CAGR during the forecast period. Transparent acoustic panels for walls have a wide range of applications across various industries and sectors. They are commonly used in offices, conference rooms, educational institutions, hotels, auditoriums, and public places. Walls are one of the primary surfaces where sound transmission occurs, and addressing acoustic issues in these areas is crucial for creating comfortable and productive environments. Transparent acoustic panels provide an effective solution for sound absorption and noise reduction on walls without obstructing visibility. Based on end use, the US transparent acoustic panels market is segmented into residential, commercial, and industrial. In 2022, the commercial segment dominated the market and is expected to register the highest CAGR during the forecast period.
Major Sources and Companies
A few primary and secondary sources referred to while preparing this report on the US transparent acoustic panels market are paid databases (factiva), publications, hoovers, investor presentations, newsletters, sec archives, annual reports, and other information available in the public domain. Key companies listed in the report are Duraflex Distribution Ltd, Deamp AS, Indow Windows, and Design Composite GmbH.
Reasons to buy the report
- Progressive industry trends in the US transparent acoustic panels market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the US transparent acoustic panels market from 2020 to 2030
- Estimation of the demand for US transparent acoustic panels across various industries
- Porter's Five Forces analysis illustrates the efficacy of buyers and suppliers operating in the industry to predict the market growth
- Recent developments to understand the competitive market scenario and the demand for transparent acoustic panels in the US.
- Trends and outlook coupled with factors driving and restraining the US transparent acoustic panels market.
- Decision-making process by understanding strategies that underpin commercial interest concerning the US transparent acoustic panels market growth
- The US transparent acoustic panels market size at various nodes of market
- Detailed overview and segmentation of the US transparent acoustic panels market as well as its dynamics in the industry
US Transparent Acoustic Panels Market Segmentation
By Application
- Ceilings
- Walls
- Desk Dividers
- Others
By End Use
- Residential
- Commercial
- Industrial
Company Profiles
- Duraflex Distribution Ltd
- Deamp AS
- Indow Windows
- Design Composite GmbH
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. US Transparent Acoustic Panels Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. US Transparent Acoustic Panels Market — Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Commercial Construction Activities
5.1.2 Rising Home Improvement Spending
5.2 Market Restraints
5.2.1 High Prices of Transparent Acoustic Panels
5.3 Market Opportunities
5.3.1 Growing Demand for Eco-Friendly Construction Materials
5.4 Future Trends
5.4.1 Rising Demand for Aesthetic Interior Design
5.5 Impact Analysis
6. Transparent Acoustic Panels Market –US Market Analysis
6.1 Transparent Acoustic Panels Market Overview
6.2 US Transparent Acoustic Panels Market –Revenue and Forecast to 2030
6.3 Competitive Positioning – Key Market Players
7. US Transparent Acoustic Panels Market Analysis – By Application
7.1 Overview
7.2 US Transparent Acoustic Panels Market Breakdown, by Application, 2022 & 2030
7.3 Ceilings
7.3.1 Overview
7.3.2 Ceilings: US Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Walls
7.4.1 Overview
7.4.2 Walls: US Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Desk Dividers
7.5.1 Overview
7.5.2 Desk Dividers: Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: US Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
8. US Transparent Acoustic Panels Market Analysis – By End-Use
8.1 Overview
8.2 US Transparent Acoustic Panels Market Breakdown, by End-Use, 2022 & 2030
8.3 Residential
8.3.1 Overview
8.3.2 Residential: US Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: US Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Industrial
8.5.1 Overview
8.5.2 Industrial: Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
9. Impact of COVID-19
9.1 Overview
9.2 US: Impact Assessment of COVID-19 Pandemic
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition
11. Company Profiles
11.1 Duraflex Distribution Ltd
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 DeAmp AS
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Indow Windows
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Design Composite GmbH
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. US Transparent Acoustic Panels Market –Revenue and Forecast to 2030 (US$ Million)
Table 2. US Transparent Acoustic Panels Market, by Application– Revenue and Forecast to 2030 (US$ Million)
Table 3. US Transparent Acoustic Panels Market, by End-Use – Revenue and Forecast to 2030 (US$ Million)
Table 4. Glossary of Terms, US Transparent Acoustic Panels Market
LIST OF FIGURES
Figure 1. US Transparent Acoustic Panels Market Segmentation
Figure 2. Transparent Acoustic Panels Market Segmentation – By Geography
Figure 3. US Transparent Acoustic Panels Market Overview
Figure 4. US Transparent Acoustic Panels Market, By Application
Figure 5. US Transparent Acoustic Panels Market, Industry Landscape
Figure 6. Porter's Five Forces Analysis
Figure 7. Ecosystem: Transparent Acoustic Panels Market
Figure 8. Expert Opinions
Figure 9. Construction Spending Statistics – April 2023
Figure 10. US Transparent Acoustic Panels Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of US Transparent Acoustic Panels Market
Figure 12. US: Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. US Transparent Acoustic Panels Market Breakdown, by Application, 2022 & 2030
Figure 14. Ceilings: US Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Walls: US Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Desk Dividers: US Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Others: US Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. US Transparent Acoustic Panels Market Breakdown, by End-Use, 2022 & 2030
Figure 19. Residential: US Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Commercial: US Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Industrial: US Transparent Acoustic Panels Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Impact of COVID-19 Pandemic on US Transparent Acoustic Panels Market
- Duraflex Distribution Ltd
- Deamp AS
- Indow Windows
- Design Composite GmbH
- Progressive industry trends in the US transparent acoustic panels market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the US transparent acoustic panels market from 2020 to 2030
- Estimation of the demand for transparent acoustic panels across various industries
- Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
- Recent developments to understand the competitive market scenario and the demand for transparent acoustic panels compounds in the US scenario.
- Market trends and outlook coupled with factors driving and restraining the growth of the US transparent acoustic panels market.
- Decision-making process by understanding strategies that underpin commercial interest concerning the US transparent acoustic panels market growth
- The US transparent acoustic panels market size at various nodes of market
- Detailed overview and segmentation of the US transparent acoustic panels market as well as its dynamics in the industry
- The US transparent acoustic panels market size in different regions with promising growth opportunities