Press release
Noise Cancelling Headphones Market Size is Projected to Reach $45.4 Billion by 2031 | Growing at a CAGR of 13.2%.
Allied Market Research published a report on the Noise Cancelling Headphones Market by Product (On-Ear, Over Ear), by Type (Wired, Wireless), by Application (Gaming, Virtual Reality, Music and Entertainment, Others), by Distribution Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2021-2031.The global noise cancelling headphones market was valued at $13.1 billion in 2021, and is projected to reach $45.4 billion by 2031, growing at a CAGR of 13.2% from 2021 to 2031.
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Noise-cancelling headphones use active noise management to reduce unwanted background noise. Similar technology is being used in noise cancelling earbuds. Passive headphones, on the other hand, use strategies like soundproofing to lessen background noise. Due to noise cancellation, audio content can be heard without cranking up the volume too loudly. It can also help with sleep improvement in an environment that is noisy, like an airline. In the aviation setting, noise cancelling headphones significantly improve the signal-to-noise ratio compared to passive noise-attenuating headphones or no headphones at all, making it simpler to hear important signals like safety instructions. Noise-canceling headphones can make listening so much better that they completely counteract the effects of a concurrently distracting activity.
Moreover, the growing inclination of consumers toward headphones that offer higher audio quality encourages audio device companies to incorporate advanced technologies and provide noise-canceling features in headphones, further fuelling the market growth. For instance, in September 2022, Bose launched another pair of headphones, QuietComfort SE.
The new QuietComfort SE was rebranded with minor improvements to the Bose QuietComfort 45, which was replaced by Bose QuietComfort 35 II. The QuietComfort SEs deliver 24-hour playtime on a single charge and need 2.5 hours to get fully recharged. A 15-minute short mission is enough for a 3-hour playback. Furthermore, the rise in digital platform penetration and the surge in intelligent devices allow several music and entertainment customers to use wireless ANC headphones for better quality.
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The research report presents a complete judgment of the noise cancelling headphones market trends, growth factors, consumption, production volume, CAGR value, attentive opinions, profit margin, price, and industry-validated market data. Also, these research report provides accurate economic, global, and country-level predictions and analysis, size and share analysis, market dynamics, segmental analysis, top investment pockets, competition landscape, market drivers, restraints, and opportunities.
Competitive Analysis:
The noise cancelling headphones industry key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.
Some of the major key players of the global noise cancelling headphones market include,
Audio-Technica Corporation
Beats Electronics LLC (Apple)
Bose Corporation
Shenzhen Grandsun Electronic Co., Ltd.
Harman Kardon
Koninklijke Philips N.V.
Logitech UE
Sennheiser electronic GmbH & Co. KG
Sony Corporation
Samsung Electronics Co. Ltd.
In March 2019, Sennheiser electronic GmbH & Co. KG, launched MB 360 UC Bluetooth headset with active noise-cancelling technology in noise cancelling headphones industry. Such headsets are designed for modern office workers working in noisy environments including co-working spaces, open offices, or during commutation.
In May 2022, Sony, a Japanese multinational conglomerate, announced the launch of its new model of wireless noise cancelling headphones in noise cancelling headphones industry. The Sony WH-1000XM5 comes with a refreshed new design and a new 8-microphone system with a couple of QN1 audio processors.
In August 2022, Sennheiser electronic GmbH & Co. KG, launched MOMENTUM 4 Wireless over-ear headphones which offer multiple customizations to enable users to adapt the sound to their unique preferences.
Report Overview:
https://www.alliedmarketresearch.com/noise-cancelling-headphones-market-A47198
Research Methodology:
The research uses both primary and secondary research to assemble data on the various facets of the international noise cancelling headphones market. Using interviews or surveys, primary market research has been used to collect highly authenticated data from direct sources, such as consumers in a particular market. Secondary market research is a method for gathering information from previously released data that has been produced by international organizations, business groups, government and research institutions, and so on.
Key Benefits for Stakeholders:
1) Porter's five forces analysis illustrates the potency of the buyers and the noise cancelling headphones market share of key vendors.
2) The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
3) This study comprises an analytical depiction of the market size along with the current trends and future estimations to depict the imminent investment pockets.
4) Major countries in each region are mapped according to their revenue contribution to the global market.
5) The report includes major noise cancelling headphones suppliers along with the company overview, business segments, product portfolio, and key strategic moves and development in the market.
Press Release:
https://www.alliedmarketresearch.com/press-release/noise-cancelling-headphones-market.html
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