Press release
Premium Headphones Market Overview, Latest Trends, Growth and Analysis Research Report 2018-2026
Premium Headphones
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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.
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.
Global Premium Headphones Market- Insights
Increase in the sales of premium headphones is accelerated by demand from consumers for new premium features such as noise isolation and noise cancellation, which provide further strong growth opportunities in this market. In September 2017, Beats Electronics, launched new ‘Beats Studio3 Wireless’. It comes with new and proprietary pure adaptive noise canceling (Pure ANC) technology. Rapid urbanization and changes in consumer preferences towards the use of these devices will positively impact growth of 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.)
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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