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Premium Headphones Market Worldwide Top Players Revenue Analysis of Bose Corporation, Beats Electronics, 3M, Alclair Audio, Audio-Technica Ltd, Panasonic Corporation, Apple Inc., Bowers & Wilkins Group Ltd., David Clark Inc., GN Group, Harman Internationa
Premium Headphone
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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.
Smart headphones segment is expected to be the fastest growing segment in the global premium headphones market during the forecast period. Furthermore, introduction of smart headphones that deliver outstanding sounds and superior ways to integrate IoT, augmented hearing, is expected to create lucrative growth opportunities for global premium headphones market.
Asia Pacific dominated the market in 2018, registering a CAGR of around 19.2% during the forecast period. Introduction of products with features such as convenient wireless charging, portable designs, water resistance, noise cancellation and noise isolation is driving growth of the market in this region. Increasing adoption of paid digital audio subscriptions and growth of fitness and sports industry is fueling growth of the Asia-Pacific market.
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Some of the key players operating in the global premium headphones market include Bose Corporation, Beats Electronics, 3M, Alclair Audio, Audio-Technica Ltd, Panasonic Corporation, Apple Inc., 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.
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