openPR Logo
Press release

Industrial Hearables Market to Hit $2.04 Bn, Globally, by 2026 at 37.6% CAGR

07-30-2020 11:20 AM CET | Media & Telecommunications

Press release from: Allied Market Research

Industrial Hearables Market to Hit $2.04 Bn, Globally, by 2026

Rise in demand for wireless headphones, surge in need for mobility services, and emerging hearable computing have boosted the growth of the global industrial hearables market. However, high cost of advanced hearable devices and challenge in optimizing battery life of hearable devices hamper the market. On the contrary, growing focus toward adoption of hearing devices to prevent hearing loss and rapid technological advancements in hearables are expected to create lucrative opportunities in the near future.

According to the report, the global industrial hearables market was pegged at $151.7 million in 2018 and is pegged at $2.04 billion by 2026, registering a CAGR of 37.6% from 2019 to 2026.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5332

Over ear segment to create lucrative opportunities

The over ear segment is projected to manifest the fastest CAGR of 38.2% from 2019 to 2026. Moreover, the market dominated the market in 2018, contributing more than four-fifths of the market. The report analyses the segment of in ear hearables.

Bluetooth technology held lion's share

The Bluetooth technology garnered the largest share in 2018, accounting for more than one-third of the market as Bluetooth headsets are majorly used to connect with mobile phones and can connect to computers through USB module. However, the other technologies (such as NB-IoT, Cellular networks, and near-field communication (NFC)) segment is expected to portray the fastest CAGR of 42.1% during the forecast period, owing to technological advancements and upgrades in electrical systems & devices. Moreover, the DECT and WiFi segments are estimated to manifest a gradual growth through 2026.

Industrial noise cancellation applications to manifest fastest CAGR

Industrial noise cancellation applications segment is anticipated to portray the fastest CAGR of 40.1% from 2019 to 2026, owing to growing focus toward adoption of hearing devices to prevent from hearing loss due to noise pollution in industrial areas. However, the industrial wireless audio/voice applications segment held the largest share in 2018, accounting for more than two-thirds of the market, owing to growth in automation and increase in demand for mobility services in industrial applications.

Asia-Pacific region dominated the market

The market across the Asia-Pacific region held the largest share in 2018, accounting for nearly two-fifths of the market. Moreover, the region is estimated to register the fastest CAGR of 40.8% during the forecast period, owing to rise in industrialization in countries such as India, China, Indonesia, and others and increase in urbanization across the region. In addition, the market is analyzed across North America, Europe, and LAMEA.

Enquire For Discount: https://www.alliedmarketresearch.com/purchase-enquiry/5332

Major market players

The report analyzes the major market players such as EERS Global Technologies Inc., Eartex Ltd., Fujikon, NoiseBuster (Pro Tech Technologies, Inc.), Firecom, Setcom Corporation, QuietOn, Sensear Pty Ltd., Sonetics Corporation, and Silentium.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industrial Hearables Market to Hit $2.04 Bn, Globally, by 2026 at 37.6% CAGR here

News-ID: 2099631 • Views: 103

More Releases from Allied Market Research

Cloud-based VDI Market Expected to Reach $ 10,154 million by 2023, Growing at a …
The Objective of the Cloud-based VDI Market report is to depict the trends and upcoming for Cloud-based VDI Industry over the forecast years. In Cloud-based VDI Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2017 to 2023 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased in recent decades
Railway Management System Market Is Booming Worldwide To Generate Huge Revenue B …
The Objective of the Railway Management System Market report is to depict the trends and upcoming for Railway Management System Industry over the forecast years. In Railway Management System Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2017 to 2023 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased
Next Generation Storage Devices Market Has High Potential To Grow in a Coming Ye …
The Objective of the Next Generation Storage Devices Market report is to depict the trends and upcoming for Next Generation Storage Devices Industry over the forecast years. In Next Generation Storage Devices Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2015 to 2022 mulling over 2014 as the base year of the market study. Attentiveness for the
Supply Chain Management Software Market Will Show Admirable Growth in Coming Yea …
The Objective of the Supply Chain Management Software Market report is to depict the trends and upcoming for Supply Chain Management Software Industry over the forecast years. In Supply Chain Management Software Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2027 mulling over 2019 as the base year of the market study. Attentiveness for the

All 5 Releases


More Releases for CAGR

Wireless Charging Industry Climbing Towards CAGR 45.5%
According to a recent report published by Allied Market Research, titled, Global Wireless Charging Market by Technology and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, The global wireless charging market was valued at $5,220.0 million in 2017, and is projected to reach $71,213.0 million by 2025, registering a CAGR of 38.7% from 2018 to 2025. At present, Asia-Pacific dominates the market, followed by North America. In 2017, the U.S.
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020
Biofertilizers Market witnessing a CAGR of 13.3%
Reports And Markets Publish a New Market Research Report On –"Biofertilizers Market - By Microorganism, Application and Geography - Trends and Forecasts (2016 -2021)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071907-global-biofertilizers-market-by-microorganism-application-forecasts-2016-2021 Market Insights The global biofertilizers market, estimated at USD 590.9 million in 2015, is projected to reach USD 1.23 billion by 2021, witnessing a CAGR of 13.3% during the forecast period. The biofertilizers market is highly fragmented, with many small