Premium Headphones Market Report, by Price Range of DAC (Up to 1000 USD, 1000 USD to 2000 USD, and above 2000 USD), by Technology (Wired, Wireless, and Smart Headphones), by Price Range (300 to 499 USD, 500 to 1000 USD, Above 1000 USD), by Demographics-Age (Age Up to 30 Years, Age between 30 to 50 Years, Age Above 50 Years), by Demographics-Income (Up to 30,000 USD, 30,000 USD to 85,000 USD, Above 85,000 USD), by Product Type (In-ear, Over-ear, and On-ear), by Application (Consumer, Industrial, Call-Centre, Aviation, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Trends, and Forecast, 2022 - 2028
Headphones are transforming into multi-functional gadgets. Need for personalized listening experience, advancement in technology, manufacturing, and portable consumer electronic devices is fueling growth of the global premium headphones market. Escalating urban population across the globe, characterized by urban upper class and high net worth individuals has led to strong demand for premium headphones.
Market Dynamics
The launch of innovative premium headphones with transformation in the appearance, sound delivery, portability, and connectivity of products is fueling the demand for premium headphones. Premium Headphones delivering extra capabilities such as noise-cancellation and noise-isolation are likely to increase the multi-functionality of these devices, which will ultimately boost growth of this market. For instance, in August 2018, Sony Corporation unveiled WH-1000XM3, the newest addition to the 1000X series of wireless, noise-cancelling headphones at IFA consumer electronics show in Berlin, Germany. Furthermore, technological advancements such as Bluetooth, IR (infrared) technology, and Wi-Fi connectivity are enabling vendors to attract new consumers. The integration of products with smart features such as fitness tracker wearables, and speech modulation devices will contribute to the development of the global premium headphones market. For instance, in July 2018, JBL, a brand of Harman International Industries, Inc., introduced training-proof wireless headphones built exclusively for gym, featuring UA SuperVent fabric ear cushions and JBL TalkThru technology. Moreover, the market is currently witnessing the incorporation of newer technologies such as gesture recognition and control, active head tracking, 3D surround sound delivery, and onboard storage in over-ear. Furthermore, the development of smart hearables that deliver outstanding sound along with other features such as biometric monitoring, augmented hearing, and language translation will boost the global premium headphone market growth.
Presence of counterfeit products is expected to hamper the market growth to a significant extent. Though, the materials used in manufacturing, quality of sound, and durability of pirated products is inferior to those offered by major premium headphones the demand for pirated products will restrain growth of this market. Moreover, the global premium headphones market is targeted only to specific consumers from high income segment, which restraints growth of the market and reduces the total addressable market of premium headphones over the forecast period.
Key features of the study:
This report provides in-depth analysis of global premium headphones market size (2017–2027) (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, mergers and acquisitions, customer behavior analysis, pricing analysis, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
This study also provides key insights on premium DAC market drivers, restraints, opportunities, customer behavior analysis and pricing analysis
It profiles leading players in the global premium headphones market based on the following parameters – company overview, financial performance, product portfolio (including prices) and technical specifications, geographical presence, financial details, key developments, strategies, and future plans
Companies covered as part of this study include Bose Corporation, Beats Electronics, 3M, Alclair Audio, Audio-Technica Ltd., Panasonic Corporation, Bowers & Wilkins Group Ltd., David Clark Inc., GN Group, Harman International, Inc., Sony Corporation, Logitech International S.A., Koninklijke Philips N.V., Pioneer Corporation and Sennheiser Electronic GmbH & Co. KG.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, product upgrades, market expansion, and marketing tactics
The global premium headphones market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global premium headphones market
Detailed Segmentation:
Global Premium DAC Market, By Price Range:
Up to 1000 USD
1000 USD to 2000 USD
Above 2000 USD
Global Premium Headphones Market, By Technology:
Wired
Wireless
Smart Headphones
Global Premium Headphones Market, By Price Range:
300 to 499 USD
500 to 1000 USD
Above 1000 USD
Global Premium Headphones Market, By Demographics (Age):
Up to 30 Years
30 to 50 Years
Above 50 Years
Global Premium Headphones Market, By Demographics (Customer Income):
Up to 30,000 USD
30,000 USD to 85,000 USD
Above 85,000 USD
Global Premium Headphones Market, By Product Type:
In-Ear
Over-Ear
On-Ear
Global Premium Headphones Market, By Application:
Consumer
Industrial
Call-Center
Aviation
Others (Public Safety, Fitness Centre, etc.)
Global Premium Headphones Market, By Region:
North America
By Technology:
Wired
Wireless
Smart Headphones
By Price Range:
300 to 499 USD
500 to 1000 USD
Above 1000 USD
By Demographics (Age):
Up to 30 Years
30 to 50 Years
Above 50 Years
By Demographics (Customer Income):
Up to 30,000 USD
30,000 USD to 85,000 USD
Above 85,000 USD
By Product Type:
In-Ear
Over-Ear
On-Ear
By Application:
Consumer
Industrial
Call-Center
Aviation
Others (Public Safety, Fitness Centre, etc.)
By Country:
U.S.
Canada
Europe
By Technology:
Wired
Wireless
Smart Headphones
By Price Range:
300 to 499 USD
500 to 1000 USD
Above 1000 USD
By Demographics (Age):
Up to 30 Years
30 to 50 Years
Above 50 Years
By Demographics (Customer Income):
Up to 30,000 USD
30,000 USD to 85,000 USD
Above 85,000 USD
By Product Type:
In-Ear
Over-Ear
On-Ear
By Application:
Consumer
Industrial
Call-Center
Aviation
Others (Public Safety, Fitness Centre, etc.)
By Country:
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
By Technology:
Wired
Wireless
Smart Headphones
By Price Range:
300 to 499 USD
500 to 1000 USD
Above 1000 USD
By Demographics (Age):
Up to 30 Years
30 to 50 Years
Above 50 Years
By Demographics (Customer Income):
Up to 30,000 USD
30,000 USD to 85,000 USD
Above 85,000 USD
By Product Type:
In-Ear
Over-Ear
On-Ear
By Application:
Consumer
Industrial
Call-Center
Aviation
Others (Public Safety, Fitness Centre, etc.)
By Country:
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
By Technology:
Wired
Wireless
Smart Headphones
By Price Range:
300 to 499 USD
500 to 1000 USD
Above 1000 USD
By Demographics (Age):
Up to 30 Years
30 to 50 Years
Above 50 Years
By Demographics (Customer Income):
Up to 30,000 USD
30,000 USD to 85,000 USD
Above 85,000 USD
By Product Type:
In-Ear
Over-Ear
On-Ear
By Application:
Consumer
Industrial
Call-Center
Aviation
Others (Public Safety, Fitness Centre, etc.)
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
By Technology:
Wired
Wireless
Smart Headphones
By Price Range:
300 to 499 USD
500 to 1000 USD
Above 1000 USD
By Demographics(Age):
Up to 30 Years
30 to 50 Years
Above 50 Years
By Demographics (Customer Income):
Up to 30,000 USD
30,000 USD to 85,000 USD
Above 85,000 USD
By Product Type:
In-Ear
Over-Ear
On-Ear
By Application:
Consumer
Industrial
Call-Center
Aviation
Others (Public Safety, Fitness Centre, etc.)
By Country/Region:
GCC Countries
Rest of Middle East
Africa
By Technology:
Wired
Wireless
Smart Headphones
By Price Range:
300 to 499 USD
500 to 1000 USD
Above 1000 USD
By Demographics (Age):
Up to 30 Years
30 to 50 Years
Above 50 Years
By Demographics (Customer Income):
Up to 30,000 USD
30,000 USD to 85,000 USD
Above 85,000 USD
By Product Type:
In-Ear
Over-Ear
On-Ear
By Application:
Consumer
Industrial
Call-Center
Aviation
Others (Public Safety, Fitness Centre Etc.)
By Country/Region:
South Africa
Rest of Africa
Company Profiles
Bose Corporation *
Company Overview
Product Portfolio and Specifications
Financial Overview
Recent Developments/ Updates
Strategic Overview
Beats Electronics
3M
Alclair Audio
Audio-Technica Ltd.
Bang & Olufsen
Panasonic Corporation
Bowers & Wilkins Group Ltd.
David Clark Inc.
GN Group
Harman International, Inc.
Sony Corporation
Logitech International S.A.
Koninklijke Philips N.V.
Pioneer Corporation
Sennheiser Electronic GmbH & Co. KG
Others
“*” marked represents similar segmentation in other categories in the respective section.
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