Dublin, April 17, 2023 (GLOBE NEWSWIRE) -- The "Earphones And Headphones Market Size, Share & Trends Analysis Report By Price Band (>100, 50-100, <50), By Product (Earphones And Headphones), By Technology, By Application, By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global earphones and headphones market size is estimated to reach USD 163.83 billion by 2030, registering a CAGR of 12.6% over the forecast period.
Company Profile
- Alclair Audio, Inc.
- Apple, Inc.
- Bose Corporation
- Grado Labs
- Harman International Industries, Incorporated
- JVC Kenwood Corporation
- Koninklijke Philips N.V. (Philips)
- Logitech, Inc. (Logitech International S.A.)
- Panasonic Corporation
- Plantronics, Inc.
- Pioneer Corporation
- Sennheiser Electronic GmbH & Co. KG (Sennheiser)
- Shenzen Cannice Technology Co. Ltd.
- Shure Incorporated
- Skullcandy, Inc.
- Sony Corporation
- Ultimate Ears, LLC (Logitech)
- Zebronics India Pvt. Ltd.
The rise in earphones & headphones industry is yoked to the growth of tablets, smartphones and other multimedia devices such as IPod or MP3 players. All the aforementioned devices come with a basic earphone; however, the expanded menu of music streaming services, video apps available today, encourage customers to replace existing products with high-quality products.
There exists an array of earphones & headphones in the market today, partly since we are living in a time where entertainment is portable, which can be attributed to the advent of portable multi-media devices. Recent technological advancements have resulted in the development of lightweight earphones & headphones, and wireless earbuds, which is expected to impact earphones & headphones market growth favorably.
In the coming years the wireless segment is expected to witness exponential growth. The growth can be attributed to incorporation of multiple wireless technologies such as Bluetooth, Wi-Fi, Artificial Intelligence (AI), SKAA, and Augmented Reality (AR) from manufacturers.
Also, the integration of AI & AR in earphone and headphone provided manufacturers the advantage to introduce new products with various features. Several brands in the market have introduced features like noise cancellation, gesture recognition, adaptive hearing in their products, which are based on artificial intelligence & augmented reality technology. These factors are expected to positively impact the growth of the market.
Companies like Sony Corporation, GN Store Nord A/S (Jabra), Bose Corporation, and others provide a personalized application to configure the earbuds according to individual preferences of listening to music, fitness tracking, and more.
Earphones And Headphones Market Report Highlights
- In terms of revenue, the wireless technology segment is expected to expand at the fastest CAGR from 2023 to 2030 owing to the introduction of notch-less smartphones and true wireless earbuds
- In terms of revenue, Asia Pacific held the largest market share of over 33.78% in 2022, which is attributed to growing population, high penetration of smartphones, and rising disposable income
- In earphone & headphone industry, the earphones segment held a significant market share in 2022 in terms of revenue. This is primarily attributed to growing demand for wireless earphones in developed as well as developing regions
- The market is highly fragmented and is marked by the presence of prominent players. The companies are investing significantly in R&D to maximize product differentiation and are engaged in the launch of innovative products
- In August 2021, Bose Corporation introduced a new QuietComfort 45 headphones, which replace the QuietComfort 35 II and feature enhanced noise cancellation for immediate quiet anywhere, the latest AWARE Mode for improved voice isolation for easier conversations, and 24-hour battery life on a single charge
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 274 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $58259.2 Million |
| Forecasted Market Value (USD) by 2030 | $163830 Million |
| Compound Annual Growth Rate | 12.6% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Earphone & Headphone Market- Industry Outlook
3.1. Market Size and Growth Prospects, 2018 - 2030
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint/Challenge Analysis
3.3.3. Market Opportunity Analysis
3.4. Business Environment Analysis Tools
3.4.1. Industry Analysis - Porter's Five Forces Analysis
3.4.2. PEST Analysis
Chapter 4. Earphone & Headphone Market Product Outlook
4.1. Earphone & Headphone Market Share by Product, 2022 & 2030 (USD Million)
4.2. Earphones
4.2.1. Market size estimates and forecasts, 2018 - 2030 (USD Million)
4.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.3. Headphones
4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
Chapter 5. Earphone & Headphone Market Price Band Outlook
5.1. Earphone & Headphone Market Share by Product, 2022 & 2030 (USD Million)
5.2. < 50
5.2.1. Market size estimates and forecasts, 2018 - 2030 (USD Million)
5.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
5.3. 50-100
5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
5.4. >100
5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
Chapter 6. Earphone & Headphone Market Technology Outlook
6.1. Earphone & Headphone Market Share by Product, 2022 & 2030 (USD Million)
6.2. Wired
6.2.1. Market size estimates and forecasts, 2018 - 2030 (USD Million)
6.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
6.2.2.1. ANC
6.2.2.1.1. Market size estimates and forecasts, 2018 - 2030 (USD Million)
6.2.2.2. Others
6.2.2.2.1. Market size estimates and forecasts, 2018 - 2030 (USD Million)
6.3. Wireless
6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
6.3.2.1. ANC
6.3.2.1.1. Market size estimates and forecasts, 2018 - 2030 (USD Million)
6.3.2.2. Bluetooth
6.3.2.2.1. Market size estimates and forecasts, 2018 - 2030 (USD Million)
6.3.2.3. NFMI
6.3.2.3.1. Market size estimates and forecasts, 2018 - 2030 (USD Million)
6.3.2.4. Smart headphones
6.3.2.4.1. Market size estimates and forecasts, 2018 - 2030 (USD Million)
6.3.2.5. Others
6.3.2.5.1. Market size estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Earphone & Headphone Market Application Outlook
7.1. Earphone & Headphone Market Share by Product, 2022 & 2030 (USD Million)
7.2. Fitness
7.2.1. Market size estimates and forecasts, 2018 - 2030 (USD Million)
7.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
7.3. Gaming
7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
7.4. Virtual Reality
7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
7.5. Music & Entertainment
7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.5.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
Chapter 8. Earphone & Headphone Market: Regional Outlook
Chapter 9. Competitive Landscape
9.1. Company Ranking Analysis, 2022
9.2. Strategy Mapping
9.3. Company Profile (Overview, Financial Performance, Product Overview, Strategic Initiatives)
For more information about this report visit https://www.researchandmarkets.com/r/cz3pzy
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