Construction Sector boosting Hearing Protection Market Growth | Arizton

 

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Arizton’s recent market research report on the global intelligent hearing protection and protective communication devices market provides comprehensive industry and competitive analysis and trend forecasts. The research study segments the market by product types (earplug and earmuff), protection types (active and passive), features (hearing protection and protective communication), end-users (defense, manufacturing, construction, aviation, and others), and geography (North America, Europe, APAC, Latin America, and MEA).

The global hearing protection market is likely to reach revenues of over $2 billion, growing at a CAGR of over 5% during 2018−2024.

The stringent regulatory framework covering employee safety and strong growth of the manufacturing and construction industries worldwide have increased the use of personal protective equipment. The hearing protection segment was the smallest in the global personal protective equipment market, accounting for a share of 4-5% in terms of revenue in 2018.

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This market research report includes a detailed segmentation of the market by product, protection types, features, end-users, and geography.

Earplugs are lightweight than earmuffs and are preferred by wearers across several industries

The earplug segment constituted more than 60% of the global hearing protection market. Earplugs have greater demand among the users that are surrounded with continuous loud noise with minimal changes in frequency such as machine operations and production lines. Earplugs provide users with a high mobility and increased ease of handling. The demand for earplug-based intelligent hearing protection products will increase from end-user industries such as defense and law enforcement agencies because they are compatible with other protective gears. Earplugs are also lightweight than earmuffs and are preferred by wearers across several industries as they are not bulky and are easy to carry than earmuff-based intelligent hearing protection products.

The construction segment is likely to grow at lucrative CAGR during the forecast period

Defense, manufacturing, and construction are the three leading contributors to the market, constituting for more than 80% of the hearing protection market. The construction segment is expected to grow at the fastest rate, posting an average CAGR of 5% during the forecast period. The high CAGR of the construction segment can be attributed to the rise in construction activities in developed countries, where worker safety protection parameters are high. The rise in the global construction market and the awareness about noise-induced hearing losses in developing markets such as China and India translate well for active as well as passive hearing protection devices. The active hearing protection devices segment is gaining traction in the construction sector.

North America emerging as the largest market in the hearing protection market

North America is the largest market for hearing protection devices, with a market share of over 30% in 2018. The higher adoption and awareness, the establishment of new infrastructure and manufacturing facilities and increased construction activities, mainly offices and accommodation, are driving the demand for personal protective equipment, including hearing protection devices in the region. The US is investing over $90 billion in the construction and expansion of airports; this increase in the number of airport constructions and the proportional increase in the number of ground staff thereafter will drive the market for hearing protection devices in the US.

3M, Honeywell, and Phonak Communications are the major vendors in the global hearing protection market.

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The complete overview of the latest market research report on the global hearing protection market by Arizton is now available.
The report offers a detailed study of major trends, drivers, challenges, and provides market sizing and forecast for major geographical regions and key countries.

About Arizton

Arizton – Advisory and Intelligence is an innovation and quality-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.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
For more information, visit: https://www.arizton.com/market-reports/intelligent-hearing-protection-and-protective-communication-devices-market


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