LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global intelligent hearing protection market is expected to grow at a CAGR of more than 10% during the forecast period.
This research report titled ‘Global Intelligent Hearing Protection Market 2016-2020’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes an up to date analysis and forecasts for various market segments and all geographical regions.
Intelligent hearing protection products are increasingly replacing passive hearing protection products in various applications, primarily because they provide situational awareness to the wearer. Although these products are three to four times more expensive than passive products, the growing availability of cost-effective solutions (under USD 100) will drive market growth.
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The report categorizes the global intelligent hearing protection market into six major end-user segments. They are:
- Defense and law enforcement
- Aviation
- Oil and gas
- Construction
- Manufacturing
- Consumers
Global intelligent hearing protection market for defense and law enforcement
The defense and law enforcement industry is the leading industrial consumer of intelligent hearing protection products. These products increase the coordination between team members and enhance situational awareness, which is indispensable to the success of tactical operations. The defense industries in developed regions frequently undertake soldier modernization programs that have increased the consumption of in-ear intelligent hearing protection products.
According to Abhay Sinha, a lead research analyst at Technavio, “The increasing defense spending by governments in developing regions such as APAC and the subsequent rise in consumption is also contributing to market growth. The market is expected to post a strong CAGR of more than 11% during the forecast period.”
The QUIETPRO system offered by Honeywell has been adopted across 13-15 countries worldwide. In the US, the Army, Marine Corps, Air Force, special forces and government agencies have deployed over 45,000 units of QUIETPRO intelligent hearing protection systems.
Global intelligent hearing protection market for aviation industry
The ground staff in the aviation industry is exposed to high noise levels including the noise from aircraft engines. Aircraft pilots face continuous loud noise, which may impair hearing ability in the long run. The majority of personnel in the aviation industry use passive hearing protection products with noise-cancellation. However, with the growing awareness of intelligent hearing protection products, their adoption is expected to increase. Therefore, the market is likely to post a CAGR of close to 10% during the forecast period.
Global intelligent hearing protection market for oil and gas industry
The demand for intelligent hearing protection products is expected to be fueled by the increase in oil production and supply and the consequent growth in the workforce in the industry.
The workers in the oil and gas industry face several occupational hazards that necessitate the use of personal protective equipment, including hearing protection. The demand for intelligent hearing protection products from offshore projects will increase during the forecast period due to the implementation of stringent worker safety programs by oil and gas companies. Energy companies also focus on enhancing hearing protection and communication systems for offshore workers. For instance, Statoil partnered with SINTEF in 2013 to co-develop the next generation of intelligent hearing protection and communication technologies for offshore oil and gas industry, driving market growth.
Global intelligent hearing protection market for construction industry
Workers in the construction industry face a high risk of injuries as the work environment entails dealing with a number of hazardous materials, dust, and flying particles. It also involves activities such as repair, demolition, erection, painting, earth moving, digging, drilling, and blasting that necessitate the use of hearing protection that protects workers from sudden loud noise. “Moreover, since most construction activities involve the risk of injury, situational awareness is of high importance, which has facilitated the demand for intelligent hearing protection products,” says Abhay. Thus, the market is expected to post a relatively moderate CAGR of approximately 9% during the forecast period.
Global intelligent hearing protection market for manufacturing industry
The manufacturing sector is one of the leading employers worldwide. It is the second largest contributor to global GDP after the services sector. The US and China lead the manufacturing sector, in terms of output. A wide range of manufacturing industries such as wood and wood products, metal, and transportation demand hearing protection products. However, passive hearing products dominate most of these industries, since these industries have a relatively lower need for situational awareness compared with other end-use industries.
Thus, the market is expected to post a CAGR of around 5%, due to an increase in the manufacturing output from key emerging regions including Central and South America, Central and Eastern Europe, and APAC.
Global intelligent hearing protection market for consumers
The consumer end-use segment comprises individual consumers that buy intelligent hearing protection products for activities such as motorsports, water sports, music concerts, shooting, hunting, and do-it-yourself jobs that involve exposure to sources of loud noise like machinery.
The consumer segment offers significant growth opportunities for vendors in the global intelligent hearing protection market since it is less saturated than the industrial segments. As the market penetration is low, the unit consumption of these products by individual consumers will be high. Consequently, the consumer segment is expected to witness rapid growth (second only to the defense and law enforcement industry), posting a CAGR of close to 11% during the forecast period. The growth in the number of sports and music enthusiasts is also driving the demand for intelligent hearing protection products.
The top vendors highlighted by Technavio’s research analysts in this report are:
- Honeywell
- 3M
- Phonak
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