Global Hearing Protection and Protective Communication Devices Market is Likely to Reach Over $2 Billion During the Period 2018-2024 - Market Research by Arizton

CHICAGO, May 9, 2019 /PRNewswire/ -- According to Arizton's recent research report, the global hearing protection and protective communication devices market is expected to reach over $2 billion by 2024, growing at a CAGR of more than 5% during the period 2018–2024.

Key Highlights Offered in the Report:

1.    The personal protective equipment market is growing at a CAGR of over 7% due to increasing awareness toward occupational hazards and growing pressure from regulatory bodies for compliance and adoption of hearing and protective communication devices.  

2.    The earmuff segment to witness an incremental growth of $310 million during the forecast period, with the APAC region likely to emerge as the fastest growing market. The demand for earmuff is growing in the defense, manufacturing, and music industry sectors.

3.    In 2018, North America had the highest percentage of the workforce with access to safety and wellness programs.

4.    APAC and MEA are expected to exhibit faster adoption during the forecast period due to increased initiatives for safety and wellness programs. 

5.    APAC constituted revenue shares of 15.59% and 17.06% in the manufacturing and construction segments, respectively, in 2018. However, the APAC region is expected to witness the highest CAGR of 6.45% and 6.87%, respectively, in these segments.

6.    Vendors are focusing on coalescing hearing protection and communication solutions with entertainment features. These products enhance comfort as the wearer does not require to switch from one device to another.

7.    Improving manufacturing activities in European countries are expected to strengthen the demand for active hearing protection devices. The active protection technology devices market is likely to grow at a CAGR of 5.62% during the forecast period.

8.    Southeast Asia is expected to emerge as a key region for incremental demand for hearing protection devices during the forecast period as the manufacturing industry is witnessing a shifting from China to Southeast Asia due to the recent US-China trade war. The region is transforming from a low-wage labor market to a smart manufacturing hub.

Key Offerings:

• Market Size & Forecast by Revenue | 2018–2024
• Market Dynamics – Leading trends, restraints, and growth drivers
• Market Segmentation – A detailed analysis by market by product and protection types, features, end-users, and geography
• Competitive Landscape – 3 leading vendors and 17other prominent vendors

Request your free sample today! https://www.arizton.com/market-reports/intelligent-hearing-protection-and-protective-communication-devices-market

Hearing Protection and Protective Communication Devices Market: Segmentation

The market research report includes detailed market segmentation by product types, protection types, features, end-users, and geography.

• The earplug-based hearing protection and protective communication devices market is expected to grow at a CAGR of around 4% during the forecast period. The demand for these protection devices is expected to increase from end-user industries such as defense and law enforcement. MEA will be the fastest-growing region for earplugs.
• Bluetooth and radio-enabled hearing protective devices are the emerging segmentsdue to their compatibility with smartphones. The adoption and demand for DECT-based radio communication systems is expected to drive growth during the forecast period.

Market Segmentation by Product Types

• Earplug
• Earmuff

Market Segmentation by Protection Types

• Active
• Passive

Market Segmentation by Features

• Hearing Protection
• Protective Communication

Market Segmentation by End-user

• Defense
• Manufacturing
• Construction
• Aviation
• Others

Hearing Protection and Protective Communication Devices Market: Dynamics

Radio communication system products are likely to dominate the hearing protection and protective-communication market share in terms of consumption units. A majority of vendors in the global protective communication market are focusing on products that feature both radio and Bluetooth communication systems. For instance, Sonetics, a prominent vendor in the market, offers APX373, which features Bluetooth as well as radio communication systems.

Key Drivers and Trends fueling Growth of the Global Market:

• Innovative Manufacturing and Technological Advancements
• Defense Modernization
• Enhancements in Communication Systems

Hearing Protection and Protective Communication Devices Market: Geography

The growth of the construction sector, the rise in civic infrastructure, the consolidation of the manufacturing sector, and modernization of defense and law enforcement agencies are driving the demand for hearing protection and protective communication devices in North America.

Request your free sample today! https://www.arizton.com/market-reports/intelligent-hearing-protection-and-protective-communication-devices-market

Market Segmentation by Geography

• North America
• US
• Canada
• Europe
• Germany
• UK
• France
• APAC
• China
• Japan
• South Korea
• MEA
• GCC
• South Africa
• Latin AMERICA
• Mexico
• Brazil

Leading Vendors in Hearing Protection and Protective Communication Devices Market:

• 3M
• Business Overview
• Major Product Offerings
• Key Strategies
• Key Strengths
• Honeywell         
• Phonak Communications

Other prominent vendors are CavCom, COM, ElacinResearch, Gentex Corp., Hellberg Safety, INVISIO, Minerva, NoNoise, Savox, Sensear, SensGard, Silenta Group, Silynx Communication, Sonetic, Starkey, and Variphone.

Read Some of the Top-selling Reports:

• Hearing Aids Market - Global Outlook and Forecast 2018–2023
• Earphones and Headphones Market in US - Industry Outlook and Forecast 2019­–2024
• Smart Speaker Market in US - Industry Outlook and Forecast 2018–2023

About Arizton:

Arizton – Advisory and Intelligence is a premium and innovation-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Mail: [email protected] 
Call: +1-312-235-2040
       +1-302-469-0707

SOURCE Arizton Advisory & Intelligence