Headphone Manufacturing in the US - Industry Market Research Report

Headphone Manufacturing in the US

The Headphone Manufacturing industry has grown considerably. Although competition from imports remains high, the industry has benefited from many technological developments sustaining demand for higher-quality domestic products, boosting exports. While foreign manufacturers win over price-sensitive consumers, domestic manufacturers can specialize in higher-end headphones, like Bluetooth-enabled and higher sound-quality headphones. In particular, rapid growth in the Bluetooth headphones product segment has benefited the industry, as many consumer electronics products offer wireless capabilities. Also, niche markets like gaming and luxury headphones have enabled certain companies to specialize in various headphones. Overall, industry-wide revenue has been increasing at a CAGR of 12.1% over the past five years, including an estimated 0.2% increase in the current year, and is expected to total $424.6 million in 2023. In the same year, profit is projected to increase to 9.4%.

This industry includes manufacturers of headphones, earphones, earbuds and noise-canceling headphones in the United States. Headphones are connected to signal sources like audio amplifiers, radios, CD players, portable media players or cell phones.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.