Oct 1, 2019
The overall industrial hearable market worldwide is expected to reach a value of US$ 144.6 [A1] Mn in 2018 and is set to grow with a CAGR of 35.4 % during the forecast period.
Sanjose, United States - October 1, 2019 /MarketersMedia/ —
According to a new market research study released by Credence Research, the global industrial hearable market worldwide is projected to reach a value of US$ 144.6 [A1] million in 2018 and is expected to grow at a CAGR of 35.4 percent over the forecast period. (According to a research study recently published by Credence Research)
The growing rules and regulations for hearing aid and increased awareness among users working in the industries by various governments are some of the major factors driving the industrial hearable market. Furthermore, these devices offer various advantages for users in high noise environments, such as reducing health problems caused by loud noise, decreasing the chances of becoming deaf and others. In addition, the increasing use of wireless hearable devices in industry also fuels market growth as the works can work freely and can easily communicate from one point of the plant to another, leading to increased process productivity and efficiency. The high price of hearable devices, however, is a significant danger that hinders market growth.
Browse Full Report Originally Published by Credence Research @ https://www.credenceresearch.com/report/industrial-hearable-market
The hearable devices also provide different characteristics including tracking of vital body indications such as body temperature, ECG, heart rate, blood pressure, and pulse tracking. These devices can also be used as personal identifying devices where a voice command is used to identify an individual. The manufacturing industry segment, based on end-users, dominates the market with more than 1/3rd of the market share owing to the existence of a big amount of manufacturing plants that generate big noise during production. In addition, the manufacturing plant's growing security laws are another factor that raises the demand for hearable devices.
North America, Europe, Asia-Pacific and LAMEA are analyzed on a regional basis. Asia-Pacific accounted for the largest share due to the enhanced presence of the manufacturing and construction industries, where industrial hearables are needed widely for noise cancellation and communication. Europe was the second biggest revenue contributor and is anticipated to see substantial growth over the forecast period as a result of the government's initiative to prevent hearing loss from noise pollution in the industrial area. For example, manufacturing, construction and other industrial sectors are on the increase in Europe, where around 29% of employees are subjected to dangerous noise concentrations in at least one-quarter of their workplace time and 11% of workers are exposed at all times. But this trend is growing and this type of hearing loss caused by noise is permanent and irreversible. Thus, Directive 2003/10/EC of the European Union is regulated in industries to prevent the exposure of workers to harmful noise.
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,
Medtechnica Orthophone.
You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59941
About Credence Research (Original Publisher)
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Contact Info:
Name: Chris Smith
Email: Send Email
Organization: Credence Research
Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
Phone: 18003618290
Website: https://www.credenceresearch.com/report/industrial-hearable-market
Source: MarketersMedia
Release ID: 88924549
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