Industrial Hearables Market

Industrial Hearables Market: Headphones or Earbuds to dominate the product type segment throughout the assessment period: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2026)

  • 2018-02-08
  • REP-GB-6253
  • 170 pages
  • PDF PPT EXCEL
 Industrial Hearables Market

An Incisive, In-depth Analysis on the Industrial Hearables Market

This study offers a comprehensive, 360 degree analysis on the Industrial Hearables market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Industrial Hearables market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

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A hearable is a kind of wireless communication device that is positioned in the ear and acts as a computational earpiece. This hearable acts a microcomputer that fits in the ear canal of the user and makes use of wireless technology to complement and enhance the listening experience of the wearer. Many hearables also possess several additional features such as monitoring of the heart rate. Besides monitoring the heart rate, the hearable devices can also monitor other vital body signs such as body temperature, blood pressure, ECG and pulse. In addition, the hearables can be used as a means of biometric personal identification system where sound waves are used to identify a person. Such kind of hearable devices can also be used for the purpose of activity tracking of the wearer, acting as perfect wearable device. A hearable device can also be used to improve the sound quality that the person receives. One potential area on which the technology of hearables is still evolving is the area of augmented hearing, which would allow the improvement of the hearing faculty to above normal levels. Another exciting area of application of the hearable devices will be in the form of layered listening technology, in which wears can have the capability of filtering out or enhancing specific sounds.

This Future Market Insights report on the global industrial hearables market forecasts that the global industrial hearables market will touch a valuation of nearly US$ 992 Mn in the year 2026 and grow at a robust CAGR during the period of assessment.

North America Market Set to Dominate the Global Industrial Hearables Market in Terms of Revenue

The market in North America is set to dominate the global industrial hearables market in terms of value and this trend is projected to sustain itself throughout the period of assessment. North America industrial hearables market is the most attractive market, growing a robust CAGR during the assessment period.

Headphones or Earbuds Product Type Segment to Touch a Value of Nearly US$ 600 Mn in 2026

As per the forecast of Future Market Insights, the headphones or earbuds product type segment is expected to reach a value of nearly US$ 600 Mn by 2026 end. This represents a robust CAGR during the forecast period of 2017-2026. The headphones or earbuds product type segment was expected to account for nearly two-thirds of the revenue share of the product type category by the year 2017 and is expected to lose market share by the end of the year 2026.

Wired Segment to Exhibit a CAGR of 7.6% during the Assessment Period

As per the forecast of Future Market Insights, the wired segment is slated to touch a figure of nearly US$ 610 Mn in the year 2026. This represents a CAGR of 7.6% during the assessment period from 2017 till the year 2026. The wired segment is expected to lose market share by the end of the year 2026. The wired segment was expected to account for nearly two-thirds of the revenue share of the technology category by the year 2017.

Competition Tracking

The report also profiles the companies that are expected to remain active in the expansion of global industrial hearables market through 2026, which include Sivantos Pte. Ltd., Sonova Holding AG, Cochlear, MED-EL, Beltone, Miracle Hearing Aid Clinic, Persona, Shenzhen Sunsky Technology, Siemens Healthcare, Starkey Hearing Aids, Union Hearing Aid Centre, Eartone, GN ReSound, Medtechnica Orthophone, William Demant Holding A/S, GN Store Nord A/S and Widex A/S.

Future Market Insights presents yet another comprehensive and an insightful report titled ‘Industrial Hearables Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2026)’. In this report, the market for industrial hearables is covered in detail and explores all the factors that are the reason for the sustained growth of the industrial hearables market.

Report Structure

The report is divided into four distinct sections. The first part of the report consists of the executive summary and the introduction. The executive summary gives a cursory look at the global industrial hearables market and gives the pertinent market numbers that are most important, that includes the historical CAGR growth from 2012 till 2016 and the forecasted CAGR from the year 2017 till the end of the forecast period in 2026. The most important segment and region pertaining to the industrial hearables market is also given in the executive summary. In the introduction part, the industrial hearables are defined clearly so that the report audiences are clear about the scope of this market and the introduction to the industrial hearables and their various advantages and applications are given. The introduction part also contains the market taxonomy of the global industrial hearables market. Besides, the introduction part also contains the global industrial hearables dynamics which consist of the various drivers, restraints and trends operating the in this market. In addition to this, the introduction part also contains the supply chain analysis, cost structure analysis, pricing analysis and raw material sourcing strategy and analysis to give a 360 degree view of the global industrial hearables market. At the end of the introduction part, a list of distributors and key participants market presence (Intensity Map) by region is also given.

The second part of the report consists of the global Industrial hearables market analysis and forecast by product type, technology, distribution channel and by region. This section of the report contains important market numbers in the form of year-on-year growth comparison, market share comparison and revenue comparison. The third part of the report contains the regional industrial hearables market analysis and forecast, which is further broken down into country level forecasts. The regions are selected as per the market taxonomy.

Market Taxonomy

Region

Product Type

Technology

Distribution Channel

  • North America

  • Headphones or Earbuds

  • Wired

  • Hypermarket/Supermarket

  • Latin America

  • Personal Sound Amplifiers (PSAPs)

  • Wireless

  • Multi Branded Stores

  • Europe

  • Hearing Aids

 
  • Exclusive Stores

  • Japan

 
 
  • Online

  • APEJ

 
 
 
  • MEA
 
 

 

Competition Landscape

The last part of the report consists of the competition landscape, where leading market players operating in the global industrial hearables market are profiled individually. This information is in the form of company overview, product overview, key financials and key developments pertaining to that particular company. The competition landscape section also contains the SWOT analysis of the featured companies, which gives the report audiences information about the strengths, weaknesses, opportunities and the threats that the leading companies operating in the global industrial hearables market are facing. This competition landscape is a valuable part of the report as it contains all the necessary information to study the leading companies operating in the global industrial hearables market in detail and find how they implement their strategies and vision to stay at top in this highly competitive market. This type of information is invaluable for the new entrants in the global industrial hearables market as they can learn quite a bit from the leading companies operating in this market. Also, the information provided in the competition landscape is also valuable for the established companies in the global industrial hearables market as they come to know about their competitors and the strategies they have adopted to stay at the pole position in this cut- throat market.

Research Methodology

Overall market size has been analysed through historical data, primary responses, and public domain data. Revenue of companies in the industrial hearables market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated using the triangulation method and is extensively scrutinised using advanced tools to garner quantitative and qualitative insights into the global industrial hearables market. 

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Harish Tiwari

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