Global Industrial Hearables Market Achieves $356.6 Million in 2022, Anticipates Soaring to $1.97 Billion by 2028

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Oct 06, 2023, 14:45 ET

DUBLIN, Oct. 6, 2023 /PRNewswire/ -- The "Industrial Hearables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The global industrial hearables market demonstrated exceptional growth, achieving a market size of US$ 356.6 million in 2022. The market poised to reach an impressive US$ 1,965.1 million by 2028. This growth is expected to be driven by a robust compound annual growth rate (CAGR) of 31.67% during the period from 2023 to 2028.

Empowering Workers with Industrial Hearables

Industrial hearables, wearable computing earpieces, have emerged as valuable tools that enable users to provide voice input and receive audible results. These innovative devices leverage audio processing techniques to eliminate or amplify noise, provide audio masking, offer directional hearing, and incorporate noise cancellation features. They find extensive utility in heavy-duty industries such as manufacturing, construction, mining, agriculture, aerospace, and logistics, where noise control is a critical concern.

Leading manufacturers are currently offering industrial hearables equipped with in-built optical sensors capable of measuring heart rate and temperature. These multifunctional hearing aids can detect falls and send warning messages, making them invaluable in addressing the significant health risks associated with accidental falls, especially among older adults.

Market Trends Driving Growth

The demand for industrial hearables is on the rise, primarily due to several key trends:

Focus on Worker Health and Safety: Workers in industrial settings often face exposure to potentially damaging noise levels, leading to hearing problems. The growing emphasis on worker health and safety is driving the demand for industrial hearables globally.
Smart Industrial Workplaces: The trend toward smart industrial workplaces, coupled with advancements in manufacturing facilities, is boosting the adoption of wearable digital devices, including hearables, for active noise control.
Integration of Machine Learning and AI: The integration of machine learning (ML), microphones, and artificial intelligence (AI) enhances communication over larger distances while protecting hearing in noisy industrial environments. This supports communication among employees, contributing to market growth.
Wireless Technologies and 5G: Hearables are increasingly equipped with customizable voice control and hands-free documentation solutions. The integration of wireless technologies like Wi-Fi, Bluetooth, and cellular networks, combined with the emergence of 5G networks, is enhancing the reliability of mobile data transmission and offering growth opportunities.

Market Segmentation

The comprehensive report provides insights into the global industrial hearables market, with segmentation based on:

Type:

In Ear
Over Ear

Connectivity Technology:

Bluetooth
Wi-Fi
DECT (Digital Enhanced Cordless Telecommunications)
Others

Application:

Industrial Wireless Audio/Voice Application
Industrial Noise Cancellation Application

Distribution Channel:

Supermarkets and Hypermarkets
Multi-Branded Stores
Exclusive Stores
Online Stores

End User:

Construction
Manufacturing
Mining
Others

Regional Insights:

The report offers a comprehensive analysis of major regional markets, including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

Competitive Landscape

The global industrial hearables market features a competitive landscape, with key players such as 3M Company, Eartex Ltd, EERS Global Technologies Inc, Firecom, Fujikon, QuietOn, Sensear Pty Ltd., Setcom Corporation, Silentium, Sonetics Corporation, and TechnoFirst. The report provides detailed profiles of these major companies.

Key Questions Answered in This Report:

What was the size of the global industrial hearables market in 2022?
What is the expected growth rate of the global industrial hearables market during 2023-2028?
What are the key factors driving the global industrial hearables market?
What has been the impact of COVID-19 on the global industrial hearables market?
What is the market breakup based on type, connectivity technology, application, distribution channel, and end user?
Which regions are the key markets for industrial hearables?
Who are the major players in the global industrial hearables market?

Key Attributes:

Report Attribute	Details
No. of Pages	147
Forecast Period	2022 - 2028
Estimated Market Value (USD) in 2022	$356.6 Million
Forecasted Market Value (USD) by 2028	$1965.1 Million
Compound Annual Growth Rate	32.9 %
Regions Covered	Global

For more information about this report visit https://www.researchandmarkets.com/r/ao1fsx

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