404
+1-313-307-4176
sales@stratviewresearch.com
Hearing Protection Equipment Market Report
Hearing Protection Equipment Market, By Product Type (Single-Use Earplugs, Pre-Formed Earplugs, Semi Aural, Earmuffs, Other), End-User (Manufacturing, Construction, Oil and Gas, Transportation, Pharmaceuticals, Chemicals, Food, Mining, Agriculture, Defense, and Maritime), and Region - ...
Impact of COVID-19 on Hearing Protection Equipment Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
The Hearing Protection Equipment market is projected to grow from USD 1.3 billion in 2020 to USD 1.9 billion by 2026 at a CAGR of around 6.8% during the forecast period.
Wish to get a free sample? Register Here
Hearing protection equipment can be defined as the types of devices that are used to prevent noise-induced hearing loss and can lessen noise levels that can cause harm to the inner ear. These hearing protection equipment are useful to individuals who are uncovered to noise levels of 80 decibels or work for more than eight hours in weapon and explosive training such as aircraft maintenance hangers, workshops, engine, and mines boilers among others.
Key players operating in the Hearing Protection Equipment market are-
The growth of the hearing protection equipment market is primarily driven by widespread use in numerous end-use industries including oil & gas, construction, chemicals, and mining among others. Significant growth of the construction industry with an increase in both residential and commercial construction activities across the globe is expected to drive the growth of the hearing protection equipment at a significant rate during the review period. Additionally, the growing emphasis on the development of advanced hearing protection equipment is likely to create lucrative opportunities for the market players during the review period.
By end-use, the hearing protection equipment market has been bifurcated into manufacturing, construction, oil and gas, transportation, pharmaceuticals, chemicals, food, mining, agriculture, defense, and maritime. The manufacturing segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period.
By region, the market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is primarily attributed to the high demand for advanced hearing protection equipment coupled with the presence of key market players such as The 3M Company (US) and DuPont de Nemours, Inc. (US). The market growth in the Asia-Pacific region is expected to be driven by increasing growth of the end-use industries in developing countries particularly China and India coupled with rising per capita disposable income of the consumers.
The outbreak of the COVID-19 virus has affected the growth of the industrial sector significantly. Stringent lockdown measures and restricted movement of people affected the production and product supply for a short period and thus, affected the market growth.
Here is the list of the group of customers that the hearing protection equipment market hopes to have the greatest opportunity to convert-
Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
The hearing protection equipment market is expected to witness an impressive growth of 6.8% CAGR in the coming years.
The 3M Company (US), DuPont de Nemours, Inc. (US), Honeywell International Inc. (US), Ansell (Australia), Avon Protection plc (UK), Mine Safety Appliances (US), Uvex Arbeitsschutz GmbH (Germany), W. W. Grainger, Inc. (US), Bullard (US) and Kimberly-Clark Corporation (US) are among the key players in the hearing protection equipment market.
The hearing protection equipment market size is expected to reach USD 1.9 billion in the foreseeable future.
Hearing protection equipment distributors, Hearing protection equipment suppliers, Hearing protection equipment manufacturers, Logistics organizations, Government bodies are the target audience in the hearing protection equipment market.
The manufacturing segment accounted for the largest share in the hearing protection equipment market in 2020.
North America is expected to grow at a significant CAGR in the hearing protection equipment market in the next five years.
WE ACCEPT
