Global Hearing Protection Devices Market Share Grow at 17% CAGR, Will Reach USD 118 Million by 2026, According to Facts & Factors 1
Global Hearing Protection Devices market size & share in 2019 was approximately USD 40 billion. The market is expected to grow above a CAGR of 17% and is anticipated to reach over USD 118 Million by 2026. Top market players are Etymotic Research, 3M, Honeywell, Hellberg Safety, Phonak, NoNoise, SensGard, Sensear, Silenta Group, Starkey, and others.

As per a research study by Facts and Factors Market Research, the global Hearing Protection Devices market in 2019 was approximately USD 40 billion. The market is expected to grow above a CAGR of 17% and is anticipated to reach over USD 118 Million by 2026.

A hearing protection device is a device that protects the ear from damage caused by excessive exposure to noise.  Hearing protection systems are fitted with earplugs, ear muffles, normal earplug attenuation, and hearing bands. Earplugs are hearing aids put in the ear canal for ear protection. Earplugs can be deactivated and reused. Earmuffs are hearing aid systems appropriate for the whole outer ear, including the lobe with the right spindle or pad on the front of the head. Uniform attenuation hearing protectors are earplugs fitted with a nearly linear attenuation of 100 to 8,000 Hz to provide a more realistic acoustic filter experience. Hearing bands are hearing protectors for the outside opening of the ear to reduce noise. This consists of a dense, rubber-like material covered by the headband or suspension.

Noise exposure is the most common problem in both developed and developing countries, with extreme effects and irreversible hearing loss. Increased hearing loss occurrence draws attention to hearing safety tools that improve workplace protection and health. The high demand for hearing protection in workplaces to protect the world’s hearing health devices against noise of 85 dB air.

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The increase in the rates of occupational hearing loss (NIHL), due to the growing demand for hearing protection equipment, has a positive effect on the market growth of hearing protection equipment.  It is expected that the rise in employees in industrial industries, such as construction and engineering, will have an impact on the audition safety equipment industry. New technology-based innovative innovations and better hearing technologies fuel the lucrative growth of the market. However, the cost of a custom hearing protection system may impede the increase in the demand for hearing protection products over the forecast period.

On the basis of type, earplugs dominated the market in 2019 and were accounted for approximately 67% of shares worldwide. This segment is projected to grow even more over the forecast period owing to its features such as comfortable to wear, easy to use, and convenient to carry. Based on application, the manufacturing segment held significant shares in 2019. The surge in growth of this segment is attributable to the rising industrialization globally.

The Hearing Protection Devices market research report delivers an acute valuation and taxonomy of the Hearing Protection Devices industry by practically splitting the market on the basis of different types, categories, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Hearing Protection Devices industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Hearing Protection Devices industry is provided for the leading economies of the world.

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Noise exposure is the most common issue in both developed and developing countries, with extreme effects and irreversible hearing loss. Increased hearing loss draws attention to hearing safety tools that improve health and safety at work. The high demand for hearing protection in the workplace protects the world’s hearing aids from the noise of 85 dB air.

The increase in the rate of occupational hearing loss (NIHL) due to the increasing demand for hearing protection equipment has a positive effect on the market growth of hearing protection equipment. The increase in employees in industrial industries, such as construction and engineering, is expected to have an impact on the safety equipment industry. New technology-based innovations and improved hearing technologies are fueling the lucrative growth of the market. However, the cost of a custom hearing protection system may hinder the increase in demand for hearing protection products over the forecast period.

By region, North America dominated the global market in 2019, owing to the strict application of safety measures in the working area and increasing awareness among the population combined with easy accessibility and affordable cost of hearing protection devices.

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Top Market Players

Top key players operating in the market are Etymotic Research, 3M, Honeywell, Hellberg Safety, Phonak, NoNoise, SensGard, Sensear, Silenta Group, Starkey, and Others.

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This report segments the Hearing Protection Devices market as follows:

Global Hearing Protection Devices Market: By Type Segmentation Analysis

  • Earplugs
  • Earmuffs

 

Global Hearing Protection Devices Market: By Application Segmentation Analysis

  • Defense and Aviation
  • Construction
  • Manufacturing

 

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