Press release
Global Earphones And Headphones Market To Be Driven By Customer Desire For Enhanced Audio Quality, The Rapidly Growing Music Industry, The Increasing Internet Penetration, And The Evolving Mobile Technology In The Forecast Period Of 2021-2026
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The key highlights of the report include:
Market Overview (2016-2026)
• Historical Market Size (2020): USD 11.2 billion
• Forecast CAGR (2021-2026): 6.1%
Customers' need for improved audio quality, the fast-growing music business, rising internet penetration, and evolving mobile technologies are the key factors driving the earbuds and headphones market.
Industry Definition and Major Segments
Headphones are small speakers that can be worn over or around your ears. In traditional headphones, two ear cups are secured over your head by a band. Smaller headphones, often known as earbuds or earphones, are worn on the outside of your ear canal.
Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/earphones-and-headphones-market-report
The industry can be broadly categorised based on products into:
• Earphones
• Headphones
The industry can be divided based on technology as:
• Wired
• ANC
• Others
• Wireless
• Bluetooth
• NFMI
• Smart Headphones
• Others
The industry can be categorised on the basis of application as:
• Fitness/Sports
• Gaming
• Virtual Reality
• Music and Entertainment
The EMR report looks into the regional earphones and headphones markets like:
• North America
• Latin America
• Europe
• the Middle East and Africa
• the Asia Pacific regions
Market Trends
In the projected period, technological improvements such as the launch of notch-less smartphones are expected to increase demand for earbuds and headphones. The predicted rise in demand for trendy and appealing models to boost product sales will help the earbuds and headphones industry develop even more. The advent of new technologies such as Active Noise Cancellation (ANC), which helps eliminate background noise and improves sound quality, is projected to boost industry growth. Smartphones, laptops, tablets, portable music players, and other mobile gadgets are becoming more popular and accepted, which is helping the market grow.
Key Market Players
The major players in the market are Apple, Inc. (NASDAQ: AAPL), Bose Corporation, Grado Labs, Inc., Sennheiser electronic GmbH & Co. KG, JVCKENWOOD Corporation, Koninklijke Philips N.V., Logitech International SA, and Panasonic Corporation. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Media Contact
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Contact Person: Mathew Williams, Business Consultant
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Website: https://www.expertmarketresearch.com
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
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