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Global In-Ear Radio Communication Headset Market Outlook 2019-2024 by Design, Types, Function, End-Users, and GeographyDUBLIN, Aug. 15, 2019 /PRNewswire/ -- The "In-Ear Radio Communication Headset Market - Global Outlook and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering. The global in-ear radio communication headset market is expected to reach more than $255 million by 2024, growing at an impressive CAGR of around 5% during 2018-2024. The protective communication segment is expected to grow at the highest CAGR during the forecast period. In 2018, the communication only segment was dominated by Europe. The growing hospitality sector is expected to boost the demand for communication only headsets. Hence, vendors are looking forward to partnerships with hotels, restaurants, and security agencies, which are further expected to drive the radio communication headset market worldwide. The defense and public safety segment accounted for the major share of the radio communication hearing protection headset market in 2018. The prevention of false communication, reduction of low-intensity ambient noises, and an increase in situational awareness are the major factors driving the segment. The growing awareness of noise-induced hearing loss in developing markets, including India and China, bodes well for lower-priced passive hearing protection devices. APAC is expected to witness an increase in manufacturing output and growth in NIHL awareness during the forecast period. In-ear Radio Communication Headset Market: Geography North America holds the highest share in the in-ear radio communication headset market. The establishment of new infrastructure and manufacturing facilities as well as increased construction activities, mainly offices, and accommodation, is driving the demand for personal protective equipment and radio communication headset in the region. The increase in construction projects and the emergence of several small and medium-scale manufacturing businesses in Germany, Poland, Italy, and France are expected to drive the revenue in the European market during the forecast period. The increasing industrial growth, the expansion of residential and commercial spaces, and the improvement in the hospitality industry are driving the demand for in-ear radio communication headset market in APAC region. Key Vendor Analysis of In-Ear Radio Communication Headset Market The global in-ear radio communication headset market is witnessing intense competition in recent years due to the presence of several players in the market catering to a limited number of consumers. The focus is growing on the introduction of integrated intelligent or active hearing protection and radio communication headsets as it provides situational awareness as well as amplification of lower frequency sounds to the users. Further, there is proliferation in number of vendors which are likely to enhance their product portfolio to include both protective communication headsets. The in-ear radio communication headset market vendors are expected to compete on factors such as product features and functionalities rather than price. Major Vendors in the In-Ear Radio Communication Headset Market
Other Vendors in the In-Ear Radio Communication Headset Market
For more information about this report visit https://www.researchandmarkets.com/r/ng1r54 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/global-in-ear-radio-communication-headset-market-outlook-2019-2024-by-design-types-function-end-users-and-geography-300902424.html SOURCE Research and Markets |