Earphones and headphones are electrical accessories worn on the ear, which when connected with electrical appliances such as mobile phones, tablets, laptops, MP3 players etc. give direct concentrated sound output. With increasing adoption of mobile phones and tablets there is a significant growth observed in the adoption of earphones and headphones. Earphones and headphones are of two types – wired and wireless. Wired earphones and headphones are connected to the electrical device with the help of a wire while wireless earphones and headphones are connected to the electrical device via Bluetooth. These earphones and headphones include behind-the-head, over-the head and in-ear.
The increased sale of mobile devices is one of the primary growth factors for the headphones market. The increasing sale of smartphones and tablets is driving the growth of the headphones market. Also, these devices are equipped with consumer-grade headphones. Factors such as the growing demand for mobile devices along with accessories such as headphones is providing traction to the growth of the global earbuds market.
The trend of product miniaturization will drive the growth of the earphones market till the end of the forecast period. Supported by the technological advances in the nanochip technology that resulted in the development of wireless headphones, the size of headphones will decrease further to enable the headphones to fit perfectly in the human ear. Apple AirPods contribute extensively to product miniaturization and manufacturers are attempting to follow this product innovation. Miniature headsets are also having increased aesthetic appeal, in comparison to large headsets.
The earphone and headphone market in APEJ region is expected to be the largest revenue generator by 2027, and is expected to account for a revenue of US$ 14,896.2 Mn by 2027 end, owing to the increasing adoption of mobile phones and tablets in the region. Region wise, the market in North America is estimated to be the second largest regional market in the global earphone and headphone market with market revenue anticipated to be worth US$ 4,932.9 Mn by the end of 2027.
The report outlines the development of diverse regions and countries by including the market size, volume and value. It also contains the manufacturers data such as batch, price revenue, profit, interview record and business distributors.
The Headphones market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Global market, the following companies are covered:
Apple
Bose
Samsung Electronics
Sennheiser electronic
Skullcandy
SONY
...
Market Segment by Product Type
In-Ear
Over-Ear
On-Ear
Market Segment by Application
Fitness
Gaming
Virtual Reality
Music & Entertainment
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the companys product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Headphones market for the forecast period 2020 - 2025?
• What are the driving forces in the Headphones market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Headphones industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?