Global Hearing Protection Devices Strategic Report 2023: Market to Reach $2.3 Billion by 2030 – Manufacturers Combining Safety with Style to Gain a Competitive Advantage

DUBLIN, Dec. 11, 2023 /PRNewswire/ — The “Hearing Protection Devices – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Hearing Protection Devices Market to Reach $2.3 Billion by 2030

The global market for Hearing Protection Devices estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$2.3 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2022-2030. Earplugs, one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$1.6 Billion by the end of the analysis period. Growth in the Earmuffs segment is estimated at 8.2% CAGR for the next 8-year period.

The hearing protection devices market has experienced a slowdown, primarily due to the impact of COVID-19 on major end-use markets. These markets include construction sector, military & defense industry and forestry. The report also highlights key competitors in the hearing protection devices market and their respective market shares in 2022.

Hearing protection devices are essential tools in safeguarding individuals from various sources of noise. The report provides an overview of noise levels generated by different sources and delves into the types of hearing protection devices available. It also covers various aspects related to hearing impairment, including the types and causes of hearing disorders, with a focus on noise-induced hearing loss, a significant occupational disorder. The report includes data on the incidence of hearing loss across different professions and permissible noise exposure levels in workplaces.

Market outlook considerations suggest that developing economies are expected to be the future growth engines of the hearing protection devices market. Overcoming barriers to the adoption of noise control devices is identified as a key factor in driving demand for hearing protection devices. Additionally, the report offers insights into the competitive landscape, including the product portfolios of leading companies in the hearing protection device industry, as well as recent market activity in this sector.

 The U.S. Market is Estimated at $438.2 Million, While China is Forecast to Grow at 10.9% CAGR

The Hearing Protection Devices market in the U.S. is estimated at US$438.2 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$398.6 Million by the year 2030 trailing a CAGR of 10.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5% and 6.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.

What`s New?

Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET TRENDS & DRIVERS

Technology Advancements & Innovations Brighten Market ProspectsNovel Hearing Protection Technologies: A Panacea to Rising Incidence of Hearing LossNotable Product DevelopmentsIntegration of HPD with Respiratory and Communication DevicesCustom Molded Ear Plugs: A Vibrant MarketCustomized Otoplastics Get PopularManufacturers Combine Safety with StyleAddressing the Needs of Intermittent Noise ExposureIntegration of Speech Enhancement Technology into Noise Suppression DevicesActive Noise Reduction: Ideal for of Low-frequency Noise LevelsEar Plug Fit Testing: A High Potential TechnologyManufacturers Offer Varying Sizes of EarplugsRevival in Construction Activity to Lend Future GrowthConstruction Sites: A High Growth MarketSources of Noise Hazards at Construction SitesConstruction Companies Transition to Active Hearing Protection SolutionsResurgence in Oil and Gas Sector to Buoy DemandGlobal Oil & Gas E&P Industry Spending (2015-2021E)Military Hearing Health Benefits from Hearing Conservation ProgramsHPDs for Hearing Impaired WorkersNeed for Lower Attenuating and Uniform Attenuating Hearing ProtectorsDual Hearing Protection: Necessary for Extreme Noise EnvironmentsLeading Regulatory Bodies: A Brief OverviewOccupational Safety and Health Administration (OSHA)OSHA GuidelinesNoise Exposure StandardsOSHA – Permissible Noise Exposure LimitsNational Institute for Occupational Safety and Health (NIOSH)Mine Safety and Health Administration (MSHA)American National Standards Institute (ANSI)

FOCUS ON SELECT PLAYERS (Total 91 Featured)

Honeywell International, Inc.Accolade Safety Pte. LimitedDelta Plus GroupAlpine Hearing ProtectionGateway Safety, Inc.Hellberg Safety ABAmplifon SpADavid Clark Co., Inc.Hultafors Group ABE D Bullard CompanyEAR, Inc.INVISIO Communications ASAudinc Custom Ear PlugsGuangzhou J&Y Safety Products Manufacturer Co., Ltd.Ear Deals Pty Limited

For more information about this report visit https://www.researchandmarkets.com/r/pz40n8

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