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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. Hearable technology is a form of hybrid technology which merges wearable technology with 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 hearable devices is that they ensure the hearing aid for the user during the noisy working place, loud sound areas, 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 consumer preference is changing from wired to wireless components. Additionally, the 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, the increasing adoption of emerging technologies also promotes using hands-free communication devices that ensure good voice quality and effective communication. Thus, driving the growth of this market.

Market Synopsis

"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 allow the user to speak and listen at the same time during high sound in workplaces and industries, which increases the efficiency of the process and allows the workers to understand the process during these times. However, the high cost of advanced hearable devices is expected to hamper the market growth globally.

"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 industries in the region. Moreover, the workers' rising hearing issues due to various noises and soundssounds created in various industries. In addition, various governments in the regions are taking the initiative to increase awareness among the individuals in the region, boosting the market's growth.

Some prominent players operating in the industrial hearable market include 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.

Historical & Forecast Period

This research report presents the analysis of each segment from2017 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. In addition, the report provides a holistic view of the global industrial hearable market based on type, application end-use, technology, and geography. 

 

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)

Unique data points of this report

  • Statistics on industrial hearable penetration and spending worldwide
  • Recent trends across different regions in terms of the adoption of industrial hearable for various end-users
  • Notable developments going on in the 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)

Frequently asked questions :

The market for Industrial Hearable Market is expected to reach US$ XX Bn by 2027.

The Industrial Hearable Market is expected to see significant CAGR growth over the coming years, at 35.4%.

The report is forecasted from 2018-2027.

The base year of this report is 2021.

Eartex Ltd., EERS Global Technologies Inc., Firecom, Fujikon, NoiseBuster (Pro Tech Technologies, Inc.), QuietOn are some of the major players in the global market.

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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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