Earphone And Headphone Market

Headphones are a small pair of wearable loudspeakers that either worn on or around the head over a user’s ears. In other words, they are electroacoustic transducers that convert electric signals to the corresponding sound. Headphones connect to a single source of the audio amplifier including radio, mobile phones, portable media player, CD player, video game console or electronic musical instrument. It is either connected with a cord or wireless Product Type such as Bluetooth, FM radio or DECT. Wireless headphones and earphones include over-the-ear, behind-the-ear, in-ear, and other wearing options. It includes Bluetooth enabled and noise-canceling headphones.

Market Dynamics

Adoption of mobile devices, especially tablets and smartphones has increased significantly in countries such as India, Indonesia, Brazil, and China. This adoption is due to increasing internet penetration and rising popularity of online music mobile streaming in these countries. According to the Coherent Market Insights’ analysis, smartphone shipments worldwide have increased from 1.1 billion units in 2013 to 1.2 billion units in 2014, of which 45% smartphone units were shipped in China in 2014. Moreover, rising trend of e-banking, mobile shopping, BOYD is boosting adoption of smartphones and tablets and thereby driving growth of the market in the near future. Key companies in the market relying on strong distribution channels such as multi-brand distributors and retailers of headphones and earphones, in order to enhance the market presence and gain a competitive edge. According to Coherent Market Insights’ analysis, online retailing is becoming the most popular distribution channel in emerging markets such as China, Indonesia, Brazil, and Russia. In Asia, e-commerce sales recorded growth of 36% reaching US$ 615 Bn in 2014 as compared to that in 2013. Thus, these factors are expected to support the global earphone and headphone market growth over the forecast period.

Market Taxonomy

This report segments the Global Earphone and Headphone Market on the basis of Application, Distribution Channel, Product Type and Region. On the basis of Application, Global Earphone and Headphone Market is segmented into (Personal, Sports, Gaming, Corporate and Media & Entertainment).On the basis of Distribution Channel, the Global Earphone and Headphone Market is segmented into Multi-brand Store (Organized and Independent), Single Brand Store and Online Store. On the basis of Product Type, the Global Earphone and Headphone Market is segmented into Wired (Premium, Mid and Low), Wireless (Premium, Mid and Low). On the basis of region, Global Earphone and Headphone Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.

Key features of the study:

• This report provides an in-depth analysis of the Global Earphone and Headphone Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global Earphone and Headphone Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered in the Global Earphone and Headphone Market includes Harman International Industries, Inc. (AKG), Beats (Apple Inc.), Plantronics Pty. Limited, Audio-Technica Corporation, Sennheiser Electronic GmbH & Co. KG, Bose Corporation, Sony Corporation, Philips Electronics Ltd., JVC Corporation, and GN Netcom (Jabra).
• These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, Product Type up gradation, market expansion, and marketing tactics
• The global Earphone and Headphone market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Earphone and Headphone Market

Detailed Segmentation:

• Global Earphone and Headphone Market, By Application:
  • Personal
  • Sports
  • Gaming
  • Corporate
  • Media & Entertainment
• Global Earphone and Headphone Market, By Distribution Channel:
  • Multi-brand Store
    • Organized
    • Independent
  • Single Brand Store
  • Online Store
• Global Earphone and Headphone Market, By Product Type:
  • Wired
    • Premium
    • Mid
    • Low
  • Wireless
    • Premium
    • Mid
    • Low
• Global Earphone and Headphone Market, By End-User:
  • SMEs
  • Large Enterprises
• Global Earphone and Headphone Market, By Region:
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa
• Company Profiles
  • Audio-Technica Corporation
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Beats (Apple Inc.)
  • Bose Corporation
  • GN Netcom (Jabra).
  • Harman International Industries, Inc. (AKG)
  • JVC Corporation
  • Philips Electronics Ltd.
  • Plantronics Pty. Limited
  • Sennheiser Electronic GmbH & Co. KG
  • Sony Corporation

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