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Industrial Hearables Market worth US$ 991.5 Mn by 2026- Comprehensive Research Report by FMI

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Industrial Hearables Market – Analysis, Outlook, Growth, Trends, Forecasts

DUBAI, United Arab Emirates: The global Industrial Hearables Market is slated to reach a valuation of nearly US$ 991.5 Mn in the year 2026 and exhibit a robust CAGR during the period of forecast.

A hearable device is a kind of microcomputer that is positioned in the ear and is fitted in the ear canal of the user. This kind of device makes the use of wireless technology to enhance and complement the hearing experience of the wearer. There are many exciting and limitless possibilities of the hearable devices that are experiencing an excellent reception in the market.

Industrial Hearables Market Estimated Year Value (2022E) US$  733.8 Mn
Industrial Hearables Market Projected Year Value (2026F) US$  991.5 Mn
Value CAGR (2022-2026) 7.8%
Collective Value Share: Top 3 Countries (2022E) 50.6%

An area of application which has enormous applications in the field of hearable devices is the area of augmented hearing. With the aid of this technology, there would be an improvement of the hearing faculty to above normal levels. However, this technology is still in its evolution stage.

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There is another exciting area of application of hearable devices is in the form of layered listening technology, which allows the users to filter out or enhance specific sounds. Besides such ground breaking technologies, the hearable devices also offer features such as monitoring of the vital body signs such as the heart rate, body temperature, ECG, blood pressure and pulse monitoring.

Besides, hearables can also be used as personal identification devices in which sound waves are used as a means of identification of an individual.  Also, hearable devices are also used to enhance the quality of the sound which the wearer receives and function as hearing aids.

Attribute Details
Forecast Period 2022-2026
Historical Data Available for 2012-2021
Market Analysis USD Million for Value and Units for Volume
Key Regions Covered North America, Latin America, Europe, Japan, APEJ and Middle East & Africa
Key Countries Covered US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, India, Australia & New Zealand, GCC Countries and South Africa
Key Segments Covered Product Type, Technology, Distribution Channel, and Region
Key Companies Profiled
  • Beltone Corporation
  • Cochlear Ltd
  • GN Store Nord A/S
  • Siemens Healthcare GmbH
  • Sivantos Pte. Ltd.
  • Sonova Holding AG
  • Starkey Hearing Technologies
  • Widex A/S
  • William Demant Holding A/S
  • Oticon GmbH
Report Coverage Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives

 

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4 Forecast Highlights on Global Industrial Hearables Market

  • As per the forecast of Future Market Insights, the personal sound amplifiers (PSAPs) product type segment is slated to touch a value of nearly US$ 300 Mn in the year 2026. This represents a robust CAGR growth during the assessment period of 2017-2026. The personal sound amplifiers (PSAPs) product type segment was estimated to account for more than one fourth of the revenue share of the product type category by the year 2017 and is expected to gain in market share by the year 2026 end.
  • As per the assessment of Future Market Insights, the wireless segment will reach a valuation of nearly US$ 386 Mn in the year 2026. This represents a robust CAGR growth during the period of assessment. The wireless segment was estimated to account for more than one-third of the revenue share of the technology category in the year 2017 and is expected to gain market share by the end of the year 2026.
  • As per the estimates of Future Market Insights, the hypermarket/supermarket segment is slated to reach a valuation of nearly US$ 51 Mn in 2026. The hypermarket/supermarket segment is expected to lose market share by the end of the year 2026. The largest share is contributed by the North America region in the hypermarket/supermarket segment.
  • FMI forecasts the US industrial hearables market to grow from US$ 180.6 Mn in 2017 to US$ 345.7 Mn in 2026. This represents a compound annual growth rate (CAGR) of 7.5% from 2017 to 2026.

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Industrial Hearables Markey by Category

By Product Type:

  • Headphones or Earbuds
  • Personal Sound Amplifiers (PSAPs)
  • Hearing Aids

By Technology:

  • Wired
  • Wireless

Competition Landscape

The report has also profiled leading players in the global industrial hearables market, which will remain active through 2026. These include companies such as Medtechnica Orthophone, Sivantos Pte. Ltd., Widex A/S, Miracle Hearing Aid Clinic, GN Store Nord A/S, Sonova Holding AG, Siemens Healthcare, GN ReSound, Cochlear, Persona, , Starkey Hearing Aids, William Demant Holding A/S, MED-EL, Shenzhen Sunsky Technology Union Hearing Aid Centre, Beltone and Eartone.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

 

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