Global Hearing Protection Equipment Market Expected to Grow Rapidly Due to Rising Employment in Construction Sector

Posted on 2018-03-08 by Mark Hub in Retail // 0 Comments

Albany, US, 2018-Mar-08 — /EPR Network/ —According to a recent analysis, growing concerns over worker safety is expected to influence the global market for hearing protection equipment in the coming years. As the name suggests, hearing protection is an essential item of personal protective equipment that must be supplied to employees to ensure they can work safely and without any risk of hearing damage while at work. To elaborate further on this steady developing market, a study titled “Hearing Protection Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026” has been broadcasted to the wide database of Market Research Hub (MRH), which a valuable source of information and guidance for stakeholders looking to understand the dynamics of this market.

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Research Key Findings

To provide better and accurate results, the report majorly focuses on some of the prime regions including the Middle East and Africa (MEA), Japan, Europe, Asia Pacific excluding Japan (APEJ), North America, and Latin America. The regional analysis section is a crucial segment of the report, which enlightens the reader about the market scenario and trending factors influencing the market shares for each region. As per the recent findings, the global hearing protections equipment market is likely to grow at a CAGR of 4.6% during the forecast period 2017-2026, and outstrip US$ 5,000 Mn in revenues by 2026.
The research finds that increasing concerns incidence of hearing loss due to high noise levels in manufacturing plants and other manufacturing sites has led to the adoption of hearing protection equipment across industries. Hearing protection equipment find widespread application in various industries including oil & gas, construction and manufacturing among others.
Demand for such equipment is also on the rise owing to factors such as growing employment in the construction sector, and the introduction of the next-gen hearing protection device in defense and maritime.
In terms of geography, demand for hearing protection equipment is likely to remain quite high in North America over the next couple of years. Also, the region currently accounts for the prime share of the global market in terms of revenue and trend is expected to continue beyond 2018.

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This report comprises an executive summary that gives a market snapshot conveying information about various segments. In addition, the report also includes key developments in the hearing protection equipment market. The report also discusses about the key driver, opportunities and restraints existing in the global market for hearing protection equipment. Moving further, in order to offer readers concrete information, the report presents segment-wise analysis. The segment-wise analysis helps readers in identifying the strong and weak areas of a market. The global hearing protection equipment market has been segmented on the basis of application and product type. On the basis of product type, the market has been segmented into single-use earplugs, pre-formed earplugs, semi aural and earmuffs.

At the end, leading players operating in the global hearing protection equipment market are also outlined. They are Grainger, Inc, Ansell Limited, Uvex Safety Group, Bullard, Avon Rubber Plc., Honeywell International Inc., E I Du Pont De Nemours and Co., 3M Co, Msa Safety Inc., and Kimberly-Clark.

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