Noise Cancelling Headphones Market By Product (On-Ear, Over Ear), By Type (Wired, Wireless), By Application (Gaming, Virtual Reality, Music and Entertainment, Others), By Distribution Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global noise cancelling headphones market was valued at $13.1 billion in 2021, and is projected to reach $45.4 billion by 2031, growing at a CAGR of 13.2% from 2021 to 2031.
Noise cancelling headphones are technologically upgraded headphones which can reduce unwanted ambient sounds using active noise control (ANC), also known as active noise reduction (ANR), or noise cancellation. Noise cancellation makes it possible to listen to audio content without turning up the level too much; while travelling, it can make it possible to sleep in a noisy environment, like an airplane.
Due to rising consumer demand for technical developments and the miniaturization of electronic components, the global market for noise-canceling headphones is anticipated to expand significantly during the forecast period. Additionally, the market for wireless noise-canceling headphones is anticipated to be driven by the rising usage of headphones for exercise. Another impact of the smartphone revolution is the growing popularity of wireless noise-canceling headphones owing to the removal of the headphone jack from the hardware of the smartphone. The expansion of the world market for noise-canceling headphones, however, may face difficulties due to the proliferation of counterfeit goods during the forecast period. The increase in penetration of smart headphones is yet another consequence of the wearable technology revolution of over-ear and on-ear noise cancelling headphones, thus it will provide a lucrative opportunity to expand the noise cancelling headphones market during the forecast period.
For the purpose of analysis, the noise cancelling headphones market scope covers segmentation based on product, type, application, distribution channel, and region. The report provides information on various products such as on-ear and over-ear. Furthermore, the major types covered in the study include wired and wireless. In addition, it outlines the details of the applications such as gaming, virtual reality, music & entertainment, and others. Moreover, it analyzes the current market trends across different distribution channels such as online and offline. In addition, it analyzes the current market trends across different regions such as North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the market include Audio-Technica Corporation, Beats Electronics LLC (Apple), Bose Corporation, Shenzhen Grandsun Electronic Co., Ltd., Harman Kardon, Koninklijke Philips N.V., Logitech UE, Sennheiser electronic GmbH & Co. KG, Sony Corporation, and Samsung Electronics Co., Ltd.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the noise cancelling headphones market analysis from 2021 to 2031 to identify the prevailing noise cancelling headphones market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the noise cancelling headphones market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global noise cancelling headphones market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product
On-Ear
Over Ear
By Type
Wired
Wireless
By Application
Gaming
Virtual Reality
Music and Entertainment
Others
By Distribution Channel
Online
Offline
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Audio-Technica Corporation
Beats Electronics LLC
Bose Corporation
Sony Corporation
Logitech
Harman Kardon
Koninklijke Philips N.V.
Shenzhen Grandsun Electronic Co., Ltd.
Samsung Electronics Co Ltd
Sennheiser electronic GmbH & Co. KG
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