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Industrial Hearable Market By Type (In Ear, Over Ear), By Application (Industrial Wireless Audio/Voice Application, Industrial Voice Cancellation Application), By Technology (DECT, Bluetooth, WiFi, Others), By End User (Construction, Manufacturing, Mining, Others) - Growth, Future Prospects, And Competitive Landscape, 2019-2027

"Rising Demand for Wireless Headphones in Industries is Driving Industrial Hearable Market"

Globally, the industrial hearable market is expected to grow with a CAGR of 35.4% during the forecast period from 2019 to 2027, and was recorded to have a market value of US$144.6 Mn [A1] in 2018. The hearable technology is a form of hybrid technology, which merges the wearable technology in the hearing devices. The hearable devices have various applications, which include noise cancellation, directional hearing, audio analysis, sound applications, audio masking, and other applications, in various industry verticals.

One of the major advantages of the hearable devices is that it ensure the hearing aid for the user during the noisy working place, loud sound area and other places where the range of the sound is high such as in manufacturing industries, steel plants, automotive industries, construction and others which can lead to various hearing issues among the user. Additionally, the hearing devices cancel the noise to a minimal level so that the user can hear properly during high sound.

Globally, the demand for wireless headphones is rapidly growing as the consumer preference is changing from wired to wireless components. Additionally, connectivity of wireless headphones to advanced technologies such as Bluetooth and Wifi is increasing its usage as it helps the user connect their devices and headsets. Furthermore, increasing adoption of emerging technologies also promotes the use of hands-free communication devices that ensures good voice quality and effective communication. Thus, drives the growth of this market.

Market Synopsis

Industrial Hearable Market

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"Industrial Wireless Audio/Voice Application Segment Continues to Dominate the Market"

In 2018, the industrial wireless audio/voice application segment led the overall industrial hearable market with more than 1/3rd of the total market share. The hearable devices allows the user to speak and listen at the same time during high sound in work place and industries, which increases the efficiency of the process and allows the workers to understand the process during these times. However, high cost of advanced hearable devices is expected to hamper the market growth globally.

Industrial Hearable Market

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"Asia-Pacific Dominates the Market by Region"

The global industrial hearable market is led by Asia-Pacific with more than 1/4th of the market share. The market in the region is growing due to increasing manufacturing, healthcare, automotive, consumer products, textile, chemicals and other industry in the region. Moreover, the rising hearing issues among the worker due to various noise and sound created in various industries. Various governments in the regions are taking initiative to increase the awareness among the individuals in the region, which is boosting the growth of the market.

Industrial Hearable Market

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Some of the prominent players operating in the industrial hearable market includes EERS Global Technologies Inc., Eartex Ltd., Firecom, Fujikon, QuietOn, NoiseBuster (Pro Tech Technologies, Inc.), Setcom Corporation, Sensear Pty. Ltd., Sonetics, Silentium, Siemens Healthcare, and Medtechnica Orthophone.

Industrial Hearable Market

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The industrial hearable market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global industrial hearable market based on type, application end-use, technology and geography. 

Key segments covered in the report are as follows:

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Million
Segmentation

 Type Segment (2017–2027; US$ Mn)
 • In ear
 • Over ear

 End-Use Segment (2017–2027; US$ Mn)
 • Construction
 • Manufacturing
 • Mining
 • Others

 Technology Segment (2017–2027; US$ Mn)
 • DECT
 • Bluetooth
 • WiFi
 • Others

 Application Segment (2017–2027; US$ Mn)
 • Industrial wireless audio/voice application
 • Industrial voice cancellation application

 Geography Segment (2017–2027; US$ Mn)
 • North America (U.S., Rest of North America)
 • Europe (U.K., Germany, France, Rest of Europe)
 • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
 • Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the market size of industrial hearable in 2018 and forecast up to 2027?
  • Which is the largest regional market industrial wireless audio/voice application?
  • What are the major trends followed in industrial hearable market across different regions?
  • Who are the key industrial hearable companies leading the market?
  • What are the key strategies adopted by the leading industrial hearable companies in market?

Unique data points of this report

  • Statistics on industrial hearable  penetration and spending worldwide
  • Recent trends across different regions in terms of adoption of industrial hearable for various end-users
  • Notable developments going on in industrial hearable  market
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
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Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  Sep 2019
Category:  Consumer Goods
Report ID:   59941
Report Format:   PDF
Pages:   120
Rating:    4.2 (69)
Delivery Time: 24 Hours to 48 Hours   
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