Global Smart Hearing Protection Device Market was Valued at US$ 1,9121.23 Mn in 2021 Increasing at a Projected CAGR of 9.76% over the Forecast Period. Smart hearing protection devices are primarily used to provide protection to human ears from any sort of loud noise. At present, nearly 10 percent of Americans working at manufacturing sites are suffering from hearing impairment. These devices cancel or cut down noises that affect users working specifically in industries like construction, mining, production and others. The impact of COVID-19 pandemic was very much evident as the revenue generated by the smart hearing protection device market slumped significantly during the first year of the adversity. Despite initial hiccup, the market managed to stabilize and witness substantial amount of growth. Currently, there is high awareness about ear-health and people indeed are taking it very significantly. The demand for noise-cancellation and ear protection devices has gone up massively. Additionally, this surged demand has forced the makers to come up with new-age products that are not only technologically advanced but also provide utmost comfort. This is rapidly driving the growth of the smart hearing protection device market.
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The purpose for which these devices were invented and are being used also happens to be the restraining factor for the growth of this market. The adverse impact of using these devices has also proven to cause loss of hearing and multiple cases are being reported from various production sites across the globe. Though this is an alarming sign for those using such devices, the balance in terms of usage is key over here. Irrespective of the hurdles, the smart hearing protection device market is expected to witness massive growth over the forecast period courtesy of the dynamic technology. Continuous innovations and dynamic technology are expected to help manufacturers develop better noise-cancellation devices. The devices minimize any sort of risk associated with their usage.
Key Takeaways of the Report:
- The manufacturing or production segment for the smart hearing protection device market accounts for most of money made by this market. This is primarily because of extensive adoption of these devices in order to protect workers from developing any sort of hearing deformity.
- Leading companies are keenly looking into out-of-the-box strategies in order to enhance and expand of their existing product portfolio. By opting for mergers and acquisitions, these corporates are immensely contributing towards the growth of the smart hearing protection device market.
- A report by the World Health Organization (WHO) states that number of people suffering from hearing impairments, specifically at construction sites or production units is increasing each passing day.
- Surging prevalence of hearing loss is likely to provide an impetus to the Smart Hearing Protection Devices Market by boosting the demand for latest devices. Additionally, the awareness about importance of ear-health has also increased
- which significantly contributes to the growth of this market.
- The region of Asia Pacific is forecasted to witness growth at the fastest rate for the Smart Hearing Protection Devices Market. The reason behind this is that countries like China and South Korea are investing heavily for development of new devices. Meanwhile, the number of infrastructure development along with new construction sites has gone up massively in developing countries like India.
Some of the major players operating in the smart hearing protection device market are listed below:
- 3M
- Amplifon
- Centurion Safety Products Ltd.
- Cotral Lab
- DELTA PLUS
- Dynamic Ear Company B.V.
- Eartex Ltd
- Etymotic
- Gentex Corporation
- Honeywell International Inc
- Hultafors Group
- Moldex-Metric.
- Phonak
- Savox
- Sensear Pty Ltd.
- SHOTHUNT srl
- Starkey Laboratories, Inc
- Other Market Participants
Global Smart Hearing Protection Device Market
By Type
- Ear Muffs
- Passive
- Electronic
- Ear Plugs
- Reusable
- Disposable
- Push-to-Fit
- Banded
- Others
By Connectivity
- Wired
- Wireless
By Distribution Channel
- Direct
- Indirect
By End User Industry
- Construction
- Data Centers
- Manufacturing
- Government
- Mining
- Oil and Gas
- Transportation
- Aviation
- Shipping
- Others
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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