Global Wireless Noise Cancelling Headphones Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Noise-Cancelling Headphones is a type of high performance headphones taking Active Noise Reduction Technology to reduce unwanted ambient sounds. This is distinct from passive headphones which, if they reduce ambient sounds at all, use techniques such as soundproofing. Wireless usually refers to bluetooth technology herein.
Market Overview:The latest research study on the global Wireless Noise Cancelling Headphones market finds that the global Wireless Noise Cancelling Headphones market reached a value of USD 4531.86 million in 2022. It’s expected that the market will achieve USD 11252.0 million by 2028, exhibiting a CAGR of 16.37% during the forecast period.
Influence of COVID-19 Outbreak on Wireless Noise Cancelling Headphones Industry Development
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency.
COVID-19 is, first and foremost, a global humanitarian challenge. Thousands of health professionals are heroically battling the virus, putting their own lives at risk. Governments and industry are working together to understand and address the challenge, support victims and their families and communities, and search for treatments and a vaccine.
COVID-19 has seen a consistent case decline in countries that had experienced rapid case growth early (esp. China, South Korea). However, cases outside of Asia are growing dramatically, driven primarily by complexes in Europe, the United States, and the Middle East.
In addition to the direct damage it does to human health, COVID-19 is sure to have an enormous economic impact. During the epidemic, many countries promulgated social isolation policies and many factories closed or closed.
The development and production of wireless noise-cancelling headphones are affected. Due to the epidemic, the unemployment rate has increased and the demand for wireless noise-cancelling headphones has decreased. In addition, due to the stay at home order, the sales of wireless noise-cancelling headphones are affected, especially offline sales. The transaction is transferred to online, and the sales volume of the online trading platform will increase slightly. The impact of natural disasters on the economy is 'V' shaped. With the development of the epidemic situation under certain control, various industries are recovering, and the production and sales of the wireless noise-cancelling headset industry market will also return to the right track.
StrengthThe increase in hearing impairment is raising awareness of NIHL (noise-induced hearing loss), which is expected to increase the demand for noise-cancelling headphones from individual consumers.
Increased popularity and adoption of smartphones, tablets, laptops, portable music players and other mobile devices.
Innovative marketing strategies help the development of the wireless noise-cancelling headset industry.
Leading participants in the noise-cancelling headphones market continue to develop innovative features for noise-cancelling headphones, such as folding and touch control, to meet changing consumer demands and strive for greater market share.
Consumers' preference for enhanced audio experience, the proliferation of music streaming services and the rapid growth of the music industry have driven the market.
WeaknessFierce competition
Misplacing of true wireless headphones
Opportunities
Advances in related technologies such as earphone manufacturing technology, fast charging technology and audio technology.
The demand for enhancing the VR experience continues to grow, and the development of virtual reality will promote the application of wireless noise reduction headphones in this field.
Increased Internet penetration.
The development of e-commerce platforms.
Threat
Counterfeit products that are easily available may hinder the growth of the industry.
Region Overview:North America dominated the Wireless Noise Cancelling Headphones market in 2022, with a market share of 33.5%.
Company Overview:Apple is one of the major players operating in the Wireless Noise Cancelling Headphones market, holding a share of 13.63% in 2023.
Apple
Apple Inc.is an American multinational corporation, one of the greatest in the world, that designs and manufactures consumer electronics and computer software products. The company’s best-known hardware products Macintosh computers, iPod, iPhone, software’s including the Mac OS X operating system, iTunes and other creativity software’s like iWork represent the face of the music, phone, and computing industry.
Samsung
Samsung is a South Korean multinational conglomerate headquartered in Samsung Town, Seoul. It comprises numerous affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol (business conglomerate).
Segmentation Overview:By type, Overhead segment accounted for the largest share of market in 2022.
Application Overview:By application, the Personal Use segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Wireless Noise Cancelling Headphones market covered in Chapter 3:Jabra
Sony
Sennheiser
Audio-Technica
Meizu
JAM
Beats
Apple
Bang & Olufsen
Huawei
Samsung
Master & Dynamic
Xiaomi
Nuheara
Nokia
Motorola
JVCKenwood
Onkyo& Pioneer
Bose
Amazon
In Chapter 4 and Chapter 14.2, on the basis of types, the Wireless Noise Cancelling Headphones market from 2018 to 2029 is primarily split into:True Wireless
Overhead
Neckband
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Wireless Noise Cancelling Headphones market from 2018 to 2029 covers:Personal Use
Commercial Use
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)