- November 15, 2020
- Category: Industrial Goods and Services, Other Industry Reports
Global Industrial Hearables Market Size study, by Type (In Ear, Over Ear), by Technology (Bluetooth, Wi-Fi, DECT, Others), by Application (Industrial Wireless Audio/Voice Application, Industrial Noise Cancellation Application), by End-User (Construction, Manufacturing, Mining, Others) and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million) 1.2.1. Industrial Hearables Market, by Region, 2018-2027 (USD Million) 1.2.2. Industrial Hearables Market, by Type, 2018-2027 (USD Million) 1.2.3. Industrial Hearables Market, by Technology, 2018-2027 (USD Million) 1.2.4. Industrial Hearables Market, by Application, 2018-2027 (USD Million) 1.2.5. Industrial Hearables Market, by End-User, 2018-2027 (USD Million) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Industrial Hearables Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Industrial Hearables Market Dynamics 3.1. Industrial Hearables Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Industrial Hearables Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Industrial Hearables Market, by Type 5.1. Market Snapshot 5.2. Global Industrial Hearables Market by Type, Performance - Potential Analysis 5.3. Global Industrial Hearables Market Estimates & Forecasts by Type 2017-2027 (USD Million) 5.4. Industrial Hearables Market, Sub Segment Analysis 5.4.1. In Ear 5.4.2. Over Ear Chapter 6. Global Industrial Hearables Market, by Technology 6.1. Market Snapshot 6.2. Global Industrial Hearables Market by Technology, Performance - Potential Analysis 6.3. Global Industrial Hearables Market Estimates & Forecasts by Technology 2017-2027 (USD Million) 6.4. Industrial Hearables Market, Sub Segment Analysis 6.4.1. Bluetooth 6.4.2. Wi-Fi 6.4.3. Digital enhanced cordless telecommunications (DECT) 6.4.4. Others Chapter 7. Global Industrial Hearables Market, by Application 7.1. Market Snapshot 7.2. Global Industrial Hearables Market by Application, Performance - Potential Analysis 7.3. Global Industrial Hearables Market Estimates & Forecasts by Application 2017-2027 (USD Million) 7.4. Industrial Hearables Market, Sub Segment Analysis 7.4.1. Industrial Wireless Audio/Voice Application 7.4.2. Industrial Noise Cancellation Application Chapter 8. Global Industrial Hearables Market, by End-User 8.1. Market Snapshot 8.2. Global Industrial Hearables Market by End-User - Potential Analysis 8.3. Global Industrial Hearables Market Estimates & Forecasts by End-User 2017-2027 (USD Million) 8.4. Industrial Hearables Market, Sub Segment Analysis 8.4.1. Construction 8.4.2. Manufacturing 8.4.3. Mining 8.4.4. Others Chapter 9. Global Industrial Hearables Market, Regional Analysis 9.1. Industrial Hearables Market, Regional Market Snapshot 9.2. North America Industrial Hearables Market 9.2.1. U.S. Industrial Hearables Market 188.8.131.52. Type breakdown estimates & forecasts, 2017-2027 184.108.40.206. Technology breakdown estimates & forecasts, 2017-2027 220.127.116.11. Application breakdown estimates & forecasts, 2017-2027 18.104.22.168. End-User breakdown estimates & forecasts, 2017-2027 9.2.2. Canada Industrial Hearables Market 9.3. Europe Industrial Hearables Market Snapshot 9.3.1. U.K. Industrial Hearables Market 9.3.2. Germany Industrial Hearables Market 9.3.3. France Industrial Hearables Market 9.3.4. Spain Industrial Hearables Market 9.3.5. Italy Industrial Hearables Market 9.3.6. Rest of Europe Industrial Hearables Market 9.4. Asia-Pacific Industrial Hearables Market Snapshot 9.4.1. China Industrial Hearables Market 9.4.2. India Industrial Hearables Market 9.4.3. Japan Industrial Hearables Market 9.4.4. Australia Industrial Hearables Market 9.4.5. South Korea Industrial Hearables Market 9.4.6. Rest of Asia Pacific Industrial Hearables Market 9.5. Latin America Industrial Hearables Market Snapshot 9.5.1. Brazil Industrial Hearables Market 9.5.2. Mexico Industrial Hearables Market 9.6. Rest of The World Industrial Hearables Market Chapter 10. Competitive Intelligence 10.1. Top Market Strategies 10.2. Company Profiles 10.2.1. Eartex Ltd. 10.2.1.1. Key Information 10.2.1.2. Overview 10.2.1.3. Financial (Subject to Data Availability) 10.2.1.4. Product Summary 10.2.1.5. Recent Developments 10.2.2. EERS Global Technologies Inc. 10.2.3. Firecom 10.2.4. Fujikon 10.2.5. NoiseBuster (Pro Tech Technologies, Inc.) 10.2.6. QuietOn 10.2.7. Setcom Corporation 10.2.8. Sonetics Corporation 10.2.9. Sensear Pty Ltd. 10.2.10. Silentium Chapter 11. Research Process 11.1. Research Process 11.1.1. Data Mining 11.1.2. Analysis 11.1.3. Market Estimation 11.1.4. Validation 11.1.5. Publishing 11.2. Research Attributes 11.3. Research Assumption
Global Industrial Hearables Market is valued at approximately USD 208.7 million in 2019 and is anticipated to grow with a healthy growth rate of more than 37.6% over the forecast period 2020-2027. Hearables are the type of wireless wearable computing earpieces that facilitates voice input and return results audibly to the worker’s ear. These devices are frequently used in industries for communication and avoiding hearing loss owing to the noise pollution in the industries. In distinct industries, these devices are utilized for manifold purposes, such as noise cancellation, audio analysis, auditory masking, and many more. More often, these wireless devices are interlinked through wireless connectivity technologies, including Wi-Fi, Bluetooth, cellular network, and others. This makes short-range and long-range communication easier in noisy industrial environment, paving the way for the higher market growth around the world. Moreover, the rising popularity of wireless technology, the emergence of hearable computing, and increasing focus towards user’s safety are the few factors responsible for the high CAGR of the market during the forecast period. According to Statista, the global internet penetration stood at around 59% in 2020, with Northern Europe ranking first with a rate of 95% population using internet. The countries with the maximum rate of internet penetration worldwide include South Korea, Denmark, and the UAE. Thus, the increased internet penetration will foster the demand for industrial hearables market. In addition, the industrial hearable finds extensive application at construction sites as it is essential to increase the effectiveness of hearing during the construction projects. Thus, the increased construction projects and remarkable application of industrial hearable in mining are the few factors that intensify the growth opportunities for the market. According to the International Construction Market Survey, the growth rate of construction sector around the world was estimated nearly 3.5% in 2017 and it increased to 3.9% (approx.) in 2018. With this growth of construction sector, it is expected that the demand for industrial hearable is rising across the globe. However, the high R&D and manufacturing cost of advanced hearable solution is one of the prime factors limiting the market growth over the forecast period of 2020-2027.
The regional analysis of the global Industrial Hearables market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the rising initiatives for the adoption of industrial hearables, along with the wide presence of market players in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in demand for wireless technology and growing presence of construction and manufacturing industry in the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the Industrial Hearables market in the Asia-Pacific region.
Major market player included in this report are:
EERS Global Technologies Inc.
NoiseBuster (Pro Tech Technologies, Inc.)
Sensear Pty Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Digital Enhanced Cordless Telecommunications (DECT)
Industrial Wireless Audio/Voice Application
Industrial Noise Cancellation Application
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Industrial Hearables Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers