Submitted by: Submitted by justinbarnes12
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Category: Business and Industry
Date Submitted: 01/20/2016 11:32 PM
Global Hearing Protection Devices Market - By Region,
North America is expected to remain the market leader 2015 -2021
Persistence Market Research
Global Hearing Protection Devices Market to
progress US$ 1.9 Bn by 2021 - Persistence
Market Research
Persistence Market Research
1
Global Hearing Protection Devices Market - By Region,
North America is expected to remain the market leader 2015 -2021
Persistence Market Research Released New Market Report “Global Market Study on
Hearing Protection Devices - Stringent Safety Regulations and Increasing Demand
for Reusable Earplugs to Drive the Market”, the hearing protection devices market is
estimated to be valued at US$ 951.3 Mn by the end of 2015, and is expected to expand at a
CAGR of 12.4% during the forecast period (2015–2021) to account for US$ 1,943.8 Mn by
2021.
Global demand for hearing protection devices is increasing mainly driven by rapid growth of
the construction, manufacturing and military weapons industries. An increasing number of
regulations to reduce noise-induced hearing loss across various industries along with a rise
in employment in manufacturing and construction sectors is expected to further drive
overall growth of the hearing protection devices market over the forecast period. Moreover,
some other factors that help to drive the growth of the market are increasing demand for
next-generation HPD in military sectors, increasing urbanization and development activities,
low-cost earplugs to boost demand in developing regions. However, lack of awareness and
improper hearing attenuation are some of the major factors that restrict the growth of the
market.
Request Customize Full TOC: http://www.persistencemarketresearch.com/toc/3036
Rising emphasis on custom-tailored hearing protection devices, mergers, and acquisitions,
technology shift towards ear plugs with acoustic filters, increasing demand for uniform
attenuation earplugs, growing market share of regional players and increasing investment...