Acoustic Diaphragm Market slated to observe traction for polypropylene material in earphones & loudspeakers
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several years. It is worth noting that the diaphragm in headphones or speakers is normally connected to a moving coil, thereby helping oscillate through the alternative current.
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In the latest research report collated by Global Market Insights, Inc., acoustic diaphragm market size is projected to surpass US$24.1 billion by 2026.
The current pandemic (COVID-19) is likely to have a notable impact on the industry landscape ever since the outbreak led to a dip in the manufacturing of electronics products. While the year 2020 has not been kind to a majority of the industries, post-COVID situation is likely to improve and the soaring demand for earphones and loudspeakers will project a robust outlook in the ensuing period.
Trends in earphone and loudspeakers
A paradigm shift witnessed in consumer products, including earphones and loudspeakers has fueled the trend in acoustic diaphragm industry. With earphones becoming an indispensable companion of multimedia devices such as video recorders, personal digital assistants, mobile phones and notebook computers, stakeholders are likely to infuse funds in earphone portfolio.
Loudspeakers are also playing an invaluable role in the growth of multimedia devices, with acoustic domain witnessing traction among end-users. Manufacturers of headphones and loudspeakers are striving to boost the dynamic range of the music through improvement in the transient response of the loudspeaker.
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Growth opportunities in North America
Latest advancements in digital technology in the U.S., and Canada has triggered growth in North America acoustic diaphragm market share. Both paper cones and polypropylene cones will be sought-after among the end-users. Not to mention that expanding footprint of electronics across the region will augur well for the business expansion.
Europe has become a favorable investment hub in the wake of growing footprint of earphone, headphone and loudspeakers in the region. Moreover, economies of scale in the Europe will potentially favor electronics industry, providing impetus to Europe acoustic diaphragm market outlook.
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