4th March 2020 – "Earphones
and Headphones Market" 2025 Industry research report covers the
industry overview with Marketplace Size, Share, Development, futuristic cost,
earnings, demand and distribution data. Its wide study offers an analytical
summary of the marketplace that can help to the new and existing player to take
a significant decision.
The global Earphones and Headphones
Market is expected to value at USD 15.8 billion by 2025. The market is subject
to witness a substantial growth due to the increasing market penetration of
mobile phones and growing fad towards music players. Rapid growth in music
industry and shifting trend towards personalized experience is expected to
drive the market growth of earphones & headphones over the forecast period.
Globally, the earphones & headphones industry is predicted to grow at
higher CAGR in the forecast period, providing numerous opportunities for market
players to invest for research and development in the market.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Earphones and Headphones Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Earphones and Headphones Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
Introduction of Bluetooth headphones and
increasing demand for in-ear headphones are propelling market demand for
earphones and headphones over the forecast period. The recent technological
advancement in the wireless communication sector coupled with development of
innovative design are expected to offer lucrative growth opportunities for
industry players over the next seven years. Moreover, development of live music
streaming on portable devices to cater evolving music & entertainment
industry is fostering industry expansion over the coming years.
Growing popularity of earphones and
headphones among young population is estimated to propel market demand over the
upcoming years. Increasing use of earphones and headphones during fitness
activities, for relaxation, and medication is forecasted to boost market growth
prospects over the next seven years. Growing purchase of smartphones, tablets
and portable music players across the globe is a key market trend, driving
industry growth in the past few years.
Earphones and headphones are portable
and easy to use, thus positively affecting market growth in the recent years.
Growing consumer demand for increased fidelity and style is driving more
customers towards earphones & headphones market. In addition, introduction
of quality audio and hassle-free wired devices is driving market sales in the
past few years.
Major Companies operating in the
industry are:
·
Sennheiser, Inc
·
Sony Corp
·
Shure, Inc
·
JVC Co
·
Skullcandy, Inc
·
Harman International
Industries, Inc
·
Philips N.V
·
Bose Co
·
Beats Electronics, Inc
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