Earphones and Headphones Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

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Report Code: ZMR-2178 | Report Format : | Status : Upcoming |

Abstract

Global Earphones and Headphones Market: Overview

A cutthroat competition can be observed among the industry players due to novel advancements in the technology field; this further results in influencing the earphones and headphones domain. The areas of competition are mainly pricing, product differentiation, and portfolio potency. Niche product launches, as well as high features of these products along with major giants, have helped in the adoption of earphones and headphones by consumers.

Global Earphones and Headphones Market: Growth Factors

Increasing adoption of tablets and smartphones is anticipated to boost the global earphones and headphones market growth in the near future. The rapid adoption of smart devices globally has significantly contributed to high consumption of multimedia on various devices including music players, mobiles, and tablets. Speedy technological advancements and rising innovative technologies adoption by consumers from various sectors including public safety, construction, and aviation are other factors having a positive impact on the global market growth. The global earphones and headphones market is further anticipated to witness various technological advancements, namely, enhanced sound quality, soaring performance, and striking designs. Rising demand for MP3 players, smartphones, iPods along with online music sites is another major factor propelling the global market growth. High-quality headphones and earphones give a better experience along with high-quality sound for music aficionados.

Global Earphones and Headphones Market: Segmentation

The global earphones and headphones market is segmented on the basis of technology and application. Based on the technology, the global market is segmented as wireless and wired. Further on the basis of application, the global earphones and headphones market is classified as a call center, consumer, industrial, construction, aviation, and public safety.

Global Earphones and Headphones Market: Regional Analysis

The U.S. is anticipated to dominate the global earphones and headphones market owing to its high contribution in the global market in terms of revenue generated. Though the consumer application industry is about to experience saturation, the factor notably contributing to the growth is the availability of sports headphones and earphones. Other major factors boosting the U.S. market growth are technological advancements and the growing adoption rate. Furthermore, the rising demand for these products mainly as fashion accessories is further responsible for the mounting regional demand. Elevated smartphones adoption rate and products availability comprising modern features are anticipated to boost the global market growth in the near future.

The growth of the global market in the Asia Pacific region is mainly due to the increasing disposable income and presence of a high population in developing countries such as India, China, and Japan. The region is predictable to dominate the global market in the coming years mainly due to the expanding mobile device industries in heavily populated countries.

Global Earphones and Headphones Market: Competitive Players

Major players in the global earphones and headphones market are Grado Labs, Bose Corporation, Panasonic Corporation, Apple Inc., Sennheiser Electronic, Sony Corporation, JVC, Skullcandy, and Pioneer Corporation.

Global Earphones and Headphones Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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