Global Electronic Hearing Protection Devices Market, by Product Type (Electronic Ear Plugs, Electronic Ear Muffs, and Uniform Attenuated Ear Plugs), by Noise Level (10-20 db, 20-30 db, and >30 db), by End User (Personal/Individual and Commercial), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), was valued at US$ 441.2 million in 2019, and is expected to exhibit a CAGR of 8.0% over the forecast period (2019-2027), as highlighted in a new report published by Coherent Market Insights.
Key players in the market are focusing on innovation and developing technologies, which can track noise levels above permitted decibel level. This is expected to aid market players in gaining a strong foothold in the global market and also create a lucrative opportunity for other key players to offer advance protecting hearing devices in the global market
For instance, in June 2019, Apple announced new features in its watch Apple WatchOS 6, which alerts the user about the environmental noise impact on long-term hearing health and hearing safety. The inbuilt microphone detects decibel levels and notify user about the impact of it on hearing.
Moreover, increasing adoption of advanced technologies and software by market players in their products is expected to propel the market growth over the forecast period. For instance, in January 2019, Lincoln Laboratory researchers developed Monitoring Noise On-Body and In-Ear for Serviceperson Exposures (MNOISE) device, which records the noise level and alerts the user about harmful noise level.
Moreover, discomfort caused by electronic hearing protection devices, improper fitting, irregular communication, while wearing such devices, and other associated secondary effects such as excessive sweating or ear infection are expected to hinder growth of the electronic hearing protection devices market over the forecast period.
Browse 36 Market Data Tables and 30 Figures spread through 170 Pages and in-depth TOC on “Electronic Hearing Protection Devices Market”- Global Forecast to 2027, by Product Type (Electronic Ear Plugs, Electronic Ear Muffs, and Uniform Attenuated Ear Plugs), by Noise Level (10-20 db, 20-30 db, and >30 db), by End User (Personal/Individual and Commercial), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
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Key players in the market are focused on strategies such as mergers, acquisitions, collaborations, and partnerships, in order to expand their product portfolio and global presence in the electronic hearing protection devices market. For instance, in December 2018, Amplifon, an Italy-based hearing aid retailer acquired GAES Group, a Spain-based privately owned hearing care retailer.
Furthermore, in April 2018, Amplifon, an Italy-based hearing aid retailer entered into a partnership with Sónar+D, is a Spain based research organization in order to launch innovative and technologically advanced product for hear loss.
Key Takeaways of the Global Electronic Hearing Protection Devices Market:
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