U.S. Industrial Hearing Protection Market growing at 2.5% CAGR up to 2024 from Manufacturing Applications
Date: 2018-11-12   Author: Rahul Varpe  Category: #news

U.S. Industrial Hearing Protection Market growing at 2.5% CAGR up to 2024 from Manufacturing Applications

U.S. Industrial Hearing Protection Market stands to garner exceptional gains due to the recent upswing in the employment generation in the U.S. energy sector. According to the recent news reports, the non-renewable fuel production in U.S. is subsidized to the tune of $20 billion annually. Furthermore, the massive subsidies extended to the energy sector in the U.S., especially the Oil & Gas and Mining industry, has proved to be an influential driving force for the U.S. industrial hearing protection market. 

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The segments leading the market, in terms of usage of the hearing protection equipment, are Oil and Gas, Mining, Construction, Manufacturing, Food industry, Pharmaceutical, Fire protection among others. The constant trade-off between optimum productivity at work site and bodily protection that has kept concerning the workers for a long time is now being given due importance and is being addressed by the U.S. industrial hearing protection market players.
 
Innovative initiatives like “Hear and Now” in the U.S. are aiding the U.S. industrial hearing protection market to achieve remarkable growth. Add to it, the spurt in technological advancements, enterprising supply chain, new sales outlets are demonstrating to be the new tools that will assist the rapid expansion of the U.S. industrial hearing protection industry.

To motivate entrepreneur community across the U.S. and Canada, the government agencies Occupational Safety and Health Administration (OSHA), Mine Safety and Health Administration (MSHA) along with NIOSH had organized a noise safety challenge “Hear Now” last year. The challenge witnessed successful participation from the entrepreneur fraternity who presented novel product designs and strategies to eliminate the shortcomings in the present earplugs, earmuffs and hearing bands. 

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Such proactive and dynamic initiatives help in inducing innovative and fresh ideas in the U.S. industrial hearing protection market, which will, in turn, push the industrial hearing protection industry to grow substantially in the near future.

The strategic combination of hardware and software with the Internet of things, analysis systems and audiometric measurement and tracking tools, all these make up the updated additions in the technological advancements which are bound to drastically improve the efficacy and performance of the latest hearing protection units. In April 2015, Elvex Corporation and DeltaPlus Group teamed up to grow their market share in the U.S. The U.S. industrial hearing protection market awaits further alliances, mergers and acquisitions which shall accentuate the market-specific demand.

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Although the U.S. industrial hearing protection market seems moderately saturated and intensely combative with the established players such as Honeywell, 3M, Elvex Corporation, Starkey, MSA Safety, David Clark Company, the upcoming firms such as Heads Up Display Inc. and Octogear with their latest wearable sensor technology which detects noise levels and innovative products such as a customized earpiece crafted to provide safety with seamless monitoring and communication can be termed as the real game-changers. A recent report published by Global Market Insights Inc., projects the growth of U.S. industrial hearing protection market to exceed USD 650 million by 2024.



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Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

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