Earphone and Headphone Market

Earphone and Headphone Market, By Product Type (Wired (Premium, Mid and Low) and Wireless (Premium, Mid and Low), By Application (Personal, Sports, Gaming, Corporate and Media & Entertainment), By Distribution Channel (Multi-brand Store (Organized and Independent), Single Brand Store, and Online Store), By End-User (SMEs and Large Enterprises), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Headphones are a small pair of wearable loudspeakers that are 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 a wireless product type such as Bluetooth, FM radio, or Digital Enhanced Cordless Telecommunications (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

The 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 the increasing internet penetration and rising popularity of online music mobile streaming in these countries. Moreover, rising trend of e-banking, mobile shopping, Bring Your Own Device (BYOD) is boosting adoption of smartphones and tablets and thereby driving growth of the market in the near future. The key companies in the market are relying on strong distribution channels, such as multi-brand distributors and retailers of headphones and earphones, in order to enhance their 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.

Key features of the study:

• This report provides an in-depth analysis of the global earphone and headphone market size (US$ Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
• It profiles leading players in the global earphone and headphone market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• Companies covered as a part of this study are Audio-Technica Corporation, Beats (Apple Inc.), Bose Corporation, Harman International Industries, Inc. (AKG), JVC Corporation, Philips Electronics Ltd., Plantronics Pty. Limited, Sennheiser Electronic GmbH & Co. KG, Sony Corporation and GN Netcom (Jabra).
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
• The global earphone and headphone market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global earphone and headphone market

Detailed Segmentation

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