The Global Market for Hearing Protection Devices is Projected to Reach US$714 Million by 2020
Strict Enforcement of Occupational Safety Standards Drives
Sales of Hearing Protection Devices, According to a New Report by Global
Industry Analysts, Inc.
GIA announces
the release of a comprehensive global report on Hearing Protection Devices. The
global market for Hearing Protection Devices is projected to reach US$714
million by 2020, driven by the strict enforcement of occupational safety
standards.
Hearing protection devices are personal protective
equipment worn outside or inside the ear for protection against prolonged exposure
to loud noise. The market is driven by the legislation of stringent worker
safety regulations worldwide. Noise induced hearing loss is a major
occupational hazard in heavy industrial, manufacturing and construction environments.
Other activities which require hearing protection include work with metal
presses, pneumatic drills, turbines, and pipe-driving work, among others. The
global market is poised to benefit from the rising levels of employment in the construction,
manufacturing and oil and gas industries, and development of high performance
safety devices. Against this backdrop, demand for specialized ear protective
wear is expected to grow strongly in the coming years.
Manufacturers are investing resources in product
R&D projects to develop new materials and designs that provide a balanced
mix of both protection and user comfort. Growing in prominence are earmuffs, and
earplugs that can be attached to industrial safety helmets. Custom molded ear
plugs dominate the market, largely due to the comfort benefits offered to
users. Among the recent advancements is the integration of speech enhancement
technology into noise suppression technologies for use by workers operating in
extreme working environments. Active noise reduction is another technology of
particular aid to workers exposed to constant levels of low-frequency yet
dangerous levels of noise.
As stated by the new market
research report on Hearing Protection Devices, the United States represents the
single largest market worldwide. With a projected CAGR of 6.2% over the
analysis period, Asia-Pacific is forecast to emerge as the fastest growing
market. Growth in the region is led by rapid
industrialization and rising manufacturing and construction activity.
Key players
covered in the report include 3M Company, ADCO Hearing Products Inc., Centurion
Safety Products Limited, Moldex-Metric Inc., MSA Safety, Oy Silenta Electronics
Ltd., Phonak AG, Sperian Protection, and Starkey Laboratories Inc., among
others.
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