Home > > Materials And Chemicals > > Speaker Grill Fabrics Market Forecast 2030, By Product Type, End-Use, Residential Spaces
Id: CBI_1010 | Pages: 214 | Format : PDF | Published : | Author : Amit Sati | Category : Materials And Chemicals
Consegic Business Intelligence analyzes that the speaker grill fabrics market is growing with a CAGR of 5.5% during the forecast period (2023-2030), and the market is projected to be valued at 109.20 million by 2030 from 71.63 million in 2022.
Speaker grill fabrics are the form of protective cover over speakers allowing sound to pass through them without distortion. The fabric is particularly designed that allow easy sound transmission through the material. Such types of fabric are most commonly used to prevent dust from entering the speaker components. The speaker fabric is also known as "speaker mesh", "grille cloth" and "speaker grill". The fabric used in speaker cloth or grill cloth is made from synthetic material, typically polyester or threads that are flame retardant in nature and are available in a variety of colors. The fabric also protects the sensitive components of telephones, loudspeakers, and other sound equipment from contamination by external threats.
In commercial places, the growing demand for soundproof speakers and loudspeakers in call centers, conference rooms, offices, and recording studios is proliferating the need for speaker grill fabric. In conference rooms, speaker grill fabrics work as sound-absorbing fabric and is ideal for spaces with excessive noise. The primary benefit of using such types of acoustic fabrics is their ability to blend into the conference room's decor. Moreover, the fabric removes dust and improves the aesthetics of soundproof speakers fitted into the rooms. Hence, the rising popularity of speakers due to the growing inclination of end-users toward appealing designs and high-quality sound is creating an optimistic growth prospect for the speaker grill fabrics market.
Voice-assisted speakers are gaining popularity due to several new features that have made lives easier and trouble-free such as controlling other home devices, playing music, and setting alarms, among others. The increasing trend for voice-assisted speakers has surged the demand for speaker grill fabrics to protect the sensitive components, the driver element, and the internals of speakers. Further, the fabric moves synchronously with the sound waves and is capable of absorbing the sound vibration. In the U.S. there are approximately 142 million users of voice assistants, and is forecasted to reach 157.1 million users by 2026. Hence, the growing use of voice-assisted speakers is proliferating the demand for speaker grill fabric to protect the speakers from preventing dust.
Speaker grill fabrics are broadly made up of polyesters that are classified as synthetic fiber and are non-biodegradable. Thus, the rising environmental concerns regarding the use of non-biodegradable fabric are likely to limit the demand for speaker grill fabrics market. In addition, few governmental guidelines and standards are implied against the use of synthetic fibers. For instance, The Environmental Protection Agency promulgated the Organic Chemicals, Plastics and Synthetic Fibers (OCPSF) Effluent Guidelines and Standards (40 CFR Part 414) to process wastewater discharges resulting from synthetic fiber, and others. Hence, the growth of the market is hindered due to the non-biodegradable nature of speaker grill fabrics.
Speaker grill fabrics are made up of synthetic fiber, particularly polyester, that rises environmental concerns such as energy and water consumption, pollution, and inability to biodegrade. The rise in consumer shift towards sustainable solutions is providing new opportunities to the market players for the development of speaker grill fabrics using natural fiber instead of synthetic fiber. Such types of natural fibrous material exhibit unique advantages for noise reduction applications considering their porous structures, recyclability, and biodegradability. Thus, the increased adoption of natural fiber-based protective textiles including coir fiber is a sustainable alternative that is likely to minimize the environmental impact, thereby, increasing the market growth in coming years.
The use of advanced technology provides lucrative opportunities to the key players in the speaker grill fabrics market for the development of new acoustic fabric using the piezoelectric method for the conversion of sound into electrical signals. For instance, according to the article published by Science News, in March 2022, a team of engineers from the Massachusetts Institute of Technology (MIT) and collaborators at Rhode Island School created a fabric that works as a sensitive audible microphone while retaining the traditional qualities of fabrics, including draping and machine washability. The fiber is made from a piezoelectric material that produces an electrical signal when mechanically bent, providing a means for the acoustic fabric to convert the audible sounds into electrical signals. Thus, the ubiquity of fabrics coupled with advanced fiber technology is anticipated to increase market growth in the coming years.
Report Attributes | Report Details |
Study Timeline | 2017-2030 |
Market Size in 2030 | USD 109.20 Million |
CAGR (2023-2030) | 5.5% |
By Product Type | Black Speaker Grill Cloth Fabric, Blue Speaker Grill Cloth Fabric, Reddish Brown Speaker Grill Cloth Fabric, and Others |
By End-Use | Commercial Spaces (Call Centers, Conference Rooms, Event Venues & Recreation, Offices, Recording Studios, and Others), Residential Spaces (Home Theatre and Others), Industrial, and Others |
By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Key Players | Leon Speakers, Inc., Harman International, Mojotone, Wendell Fabrics Corporation, Speakerworks, MainlyTannoy, Akustikstoff, Soundlabs Group Pty Limited, Contrado Imaging Ltd, and Simply Speakers |
The product type segment is categorized into black speaker grill cloth fabric, blue speaker grill cloth fabric, reddish brown speaker grill cloth fabric, and others. In 2022, the black grill cloth fabric accounted for the highest market share of 40.21% in the overall speaker grill fabrics market. Black grill cloth fabric is acoustically transparent and the highest quality fabric that is widely used for custom wall panels and entertainment centers. The cloth is an ideal choice for loudspeaker systems particularly vintage due to its high absorption properties which is the key factor proliferating the overall market growth.
However, blue speaker grill cloth fabric is expected to be the fastest-growing segment in the market over the forecast period, due to its scratch-resistance properties and blue speaker grill cloth fabric provides an attractive appearance for vehicle speakers & subwoofers. Hence, the increasing high-quality sound systems in vehicles is expected to proliferate the segment demand.
The end-use segment is divided into commercial spaces, residential spaces, industrial, and others. In 2022, the commercial space segment accounted for the highest market share in the speaker grill fabrics market. The commercial space is classified into call centers, conference rooms, event venues & recreation, offices, recording studios, and others. In the music industry, recording studios highly require speaker grill fabrics to lessen the unwanted sound reflections, echoes, and reverberations in a room, resulting in a clearer and more focused sound. This improves the overall sound quality of the recordings, making the music and sounds more professional and refined which significantly contributes to driving the market growth.
However, the residential space segment is expected to grow with the fastest CAGR during the forecast period. Owing to the increasing demand for home theatres and voice-assisted speakers including Amazon Echo which requires speaker grill fabrics to enhance the aesthetics of speakers while keeping contaminants out of the sensitive parts of the speaker.
The regional segment includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
In 2022, Asia Pacific accounted for the highest market share at 43.31% and was valued at USD 31.02 million, and is expected to reach USD 45.50 million in 2030. In Asia Pacific, China accounted for the highest market share of 64.93% during the base year of 2022. This is due to the increasing number of auditoriums and home theatres particularly in China and Japan that requires sound absorbing material commonly known as acoustic cloth or grill fabric to absorb sound waves and reduce the echoing effect.
However, North America is expected to grow at the fastest CAGR of 6.3% during the forecast period due to the increasing usage of smartphones particularly in the U.S. Speaker grill fabrics are a crucial component in smartphones as it provides protection against damage and improves the sound quality. Thus, ensuring optimum performance of the device and acting as an essential component to improve the consumer experience.
The speaker grill fabrics market is highly competitive, with several large players and numerous small and medium-sized enterprises. These companies have strong research and development capabilities and a strong presence in the market through their extensive product portfolios and distribution networks. The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships. The key players in the market include -
In 2022, the market size of speaker grill fabric was USD 71.63 billion
In 2030, the market size of speaker grill fabric will be expected to reach USD 109.20 billion.
Growing demand for speakers in commercial applications along with the rising popularity of voice-assisted speakers are the key factors driving the growth of the speaker grill fabrics market.
In 2022, the black speaker grill cloth fabric segment accounted for the highest market share of 40.21% in the overall speaker grill fabrics market.
North America is expected to be the fastest-growing region in the market during the forecast period.