openPR Logo
Press release

Hearing Protection Devices Market Forecasted to Reach US$ 1.9 Bn by 2021

07-06-2017 11:38 AM CET | Health & Medicine

Press release from: Persistence Market Research PVT. LTD.

Hearing Protection Devices Market Forecasted to Reach US$ 1.9 Bn

The hearing protection devices market is estimated to be valued at US$ 951.3 Mn by the end of 2015, and is expected to expand at a CAGR of 12.4% during the forecast period (2015–2021) to account for US$ 1,943.8 Mn by 2021.

Global demand for hearing protection devices is increasing mainly driven by rapid growth of the construction, manufacturing and military weapons industries. An increasing number of regulations to reduce noise-induced hearing loss across various industries along with a rise in employment in manufacturing and construction sectors is expected to further drive overall growth of the hearing protection devices market over the forecast period. Moreover, some other factors that help to drive the growth of the market are increasing demand for next-generation HPD in military sectors, increasing urbanization and development activities, low-cost earplugs to boost demand in developing regions. However, lack of awareness and improper hearing attenuation are some of the major factors that restrict the growth of the market.

Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/hearing-protection-devices-market.asp

Rising emphasis on custom-tailored hearing protection devices, mergers, and acquisitions, technology shift towards ear plugs with acoustic filters, increasing demand for uniform attenuation earplugs, growing market share of regional players and increasing investment in North America HPD market are some of the trends observed in the global HPD market.

By region, North America is estimated to dominate the hearing protection devices market with over 34.4% share by 2015 end and is expected to remain dominant throughout the forecast period. Earplug is the largest segment in global hearing protection devices market. The global earplug segment is expected to increase at a CAGR of 13.6% in terms of value during the forecast period. Earmuffs is the second-largest segment in the global hearing protection devices market and is expected to expand at a CAGR of 10.2% in terms of value during the forecast period.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3036

Asia-Pacific represents the most lucrative market, followed by Europe for hearing protection devices. This is primarily due to rise demand for hearing protection devices in India, China, Bangladesh, Philippines and Indonesia. Asia-Pacific is expected to account for 20.4% market share in the global hearing protection devices market by 2015 end, which is expected to increase to 20.9% market share by 2021.

Request to view table of content @ http://www.persistencemarketresearch.com/market-research/hearing-protection-devices-market/toc

Key market players covered in this report are 3M, Honeywell International Inc., Amplifon, Hellberg Safety AB, Dynamic Ear Company, Centurion Safety Products Ltd, Sonomax Technologies Inc, Siemens Healthcare GmbH, ADCO Hearing Products Inc., Elvex Corporation and Moldex-Metric Inc. These players have been profiled on the basis of various attributes such as company overview, recent developments, growth strategies, SWOT analysis and sustainability.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 Hearing Protection Devices Market Forecasted to Reach US$ 1.9 Bn by 2021 here

News-ID: 611347 • Views:

More Releases from Persistence Market Research PVT. LTD.

Battery Material Market is projected to reach a valuation of US$ 110.02 billion by 2027
Battery Material Market is projected to reach a valuation of US$ 110.02 billion …
The battery material market has witnessed significant growth in recent years, driven by the increasing demand for batteries in various applications. According to recent studies, the market was valued at USD 42.1 billion in 2022 and is projected to reach USD 110.02 billion by 2027, growing at a CAGR of 14.1% during the forecast period. Click Here to Get Free Sample Copy of this Report@https://www.persistencemarketresearch.com/samples/10801 The battery material market encompasses a wide
Automated Intralogistics Material Handling Solutions Market to Hit US$ 219.3 billion by 2033
Automated Intralogistics Material Handling Solutions Market to Hit US$ 219.3 b …
Automated intralogistics material handling solution sales are anticipated to achieve a global market value of US$ 55.9 billion in 2023 and to grow steadily at a CAGR of 14.8% to reach US$ 219.3 billion by 2033. The global intralogistics material handling solutions market is experiencing a revolution with the introduction of automated systems. Automation has become a game-changer, offering greater efficiency and productivity to businesses across the globe. The market for automated intralogistics material handling solutions is projected to witness impressive growth in the coming years. Click Here to Get Free Sample Copy of this Report@https://www.persistencemarketresearch.com/samples/32829 The key drivers for the growth of the automated intralogistics material handling
Cold Chain Market is Encouraged to Reach USD 474.29 billion by 2028
Cold Chain Market is Encouraged to Reach USD 474.29 billion by 2028
The global cold chain market size was valued at USD 211.77 billion in 2020 and is expected to reach USD 474.29 billion by 2028, growing at a CAGR of 9.7% from 2021 to 2028. The growth is driven by increasing demand for perishable goods, globalization of the food trade, and technological advancements in cold chain logistics. Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/3177 The cold chain market refers
Automated Intralogistics Material Handling Solutions Market Value to Hit US$ 219.3 Bn by 2033
Automated Intralogistics Material Handling Solutions Market Value to Hit US$ 219 …
𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐈𝐧𝐭𝐫𝐚𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥 𝐇𝐚𝐧𝐝𝐥𝐢𝐧𝐠 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧 𝟐𝟎𝟐𝟑, 𝐬𝐚𝐥𝐞𝐬 𝐨𝐟 𝐚𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐢𝐧𝐭𝐫𝐚𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐦𝐚𝐭𝐞𝐫𝐢𝐚𝐥 𝐡𝐚𝐧𝐝𝐥𝐢𝐧𝐠 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐠𝐥𝐨𝐛𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒$ 𝟓𝟓.𝟗 𝐁𝐧 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐞𝐱𝐩𝐚𝐧𝐝 𝐬𝐭𝐞𝐚𝐝𝐢𝐥𝐲 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟏𝟒.𝟖% 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐚 𝐦𝐚𝐫𝐤𝐞𝐭 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐜𝐥𝐨𝐬𝐞 𝐭𝐨 𝐔𝐒$ 𝟐𝟏𝟗.𝟑 𝐁𝐧 𝐛𝐲 𝟐𝟎𝟑𝟑. The demand in Germany is expected to increase by 15.7% CAGR from 2024 to 2033 on a value basis. U.S., China, and Germany are the leading countries in the

All 5 Releases


More Releases for Hearing

Hearing is Believing: Precision Implantation of Cutting-Edge Hybrid Hearing Devi …
Study by Karl Landsteiner University of Health Sciences in Krems demonstrates long-term effectiveness of electric-acoustic stimulation as a treatment for hearing impairment Krems, Austria, 13. August 2020 – Precision surgical implantation of electrodes for the electric-acoustic stimulation of the inner ear can stabilise the long-term residual hearing of severely hearing-impaired people and significantly improve their speech recognition. These are the findings of a study carried out by Karl Landsteiner University of
Global Wireless Hearing Aid Market Driving Future Growth on Wireless Hearing Aid …
Global Wireless Hearing Aid Market 2025: Global Wireless Hearing Aid Industry Market professional research 2015-2025, is a report which provides the details about industry overview, industry chain, market size (sales, revenue, and growth rate), gross margin, major manufacturers, development trends and forecast. PDF Copy Available at Disconted Price Check Discount @ https://www.marketgrowthinsight.com/discount/90344 The Global Wireless Hearing Aid Market will reach xxx Million USD in 2020 with CAGR xx% 2020-2025. The objective of
Smart Hearing Aids Market Development Insight and Manufacturers Challenges By Ke …
Recent research and the current scenario as well as future market potential of "Global Smart Hearing Aids Market Professional Survey Report 2019". The Smart Hearing Aids Market comprehensively describes the market and prognosticates it to depict a highly illustrious growth during the forthcoming years. The report offers in-depth analysis of current and future Smart Hearing Aids Market outlook across the globe. The report is projected to help readers with the regions
2019 Hearing Aid Market– Sivantos, Starkey, Benson Hearing, ReSound Group, Mic …
Researchmoz added Most up-to-date research on "Global Hearing Aid Market Insights, Forecast to 2025" to its huge collection of research reports. Hearing Aid Market report includes (6 Year Forecast 2019-2025) includes Overview, classification, industry value, price, cost and gross profit. It also offers in-intensity insight of the Hearing Aid industry masking all vital parameters along with, Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, Price and Gross Margin, Hearing Aid market
Hearing Aid Market 2018 Global Analysis of Key Players – SONOVA , COCHLEAR , W …
Global hearing aid market to reach USD 12.1 billion by 2025. Global hearing aid market is valued at approximately USD 7.0 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 7.0 % over the forecast period 2018-2025. Key trends for the global hearing aids market are technological advancements such as noise reduction circuits, wireless and bluetooth technology and feedback reduction, aesthetically appealing miniature devices.
Power for hearing intelligence: HANSATON launches beat SHD power hearing system …
HANSATON presents the beat SHD product family, its most powerful behind-the-ear hearing systems with SHD technology for significant hearing loss Hamburg, October 1, 2018: With the two behind-the-ear hearing systems in its beat SHD product family, the Hamburg-based hearing system manufacturers at HANSATON have developed their most powerful SHD technology-based hearing systems yet—especially for users with significant to profound hearing loss. Like all of HANSATON’s hearing systems with SHD technology,