Earphone and Headphone – Stepping toward Integrated Streaming & Touchscreen DisplayAdvances in earphone and headphone have been faster than any other tech, with better batteries and voice assistants fast being integrated. Integrated streaming and touchscreen displays are touted to be the next advancement in earphone and headphone technology, syncing well with aim of brands to be distinguishable with style.
Earphone and Headphone Market – Key Research Findings
The global earphone and headphone market was valued at approximately US$ 16,388 Mn in 2018
The earphone and headphone market is projected to expand at a CAGR of approximately 8% during the forecast period (2018-2028)
The continuous launches of advanced earphones and headphones, which includes waterproof earphones, are among factors that are expected to support the growth of the global earphone and headphone market during the forecast period
Europe is a prominent regional market for earphones and headphones as of 2018
Growing trend of mobile shopping, e-banking, and Bring Your Own Device (BYOD) is also driving the demand for smartphones and tablets across the globe, which is, in turn, boosting the growth of the earphone and headphone market in North America.
South Asia holds a high growth potential for the earphone and headphone market
South Asian countries, such as India and Thailand, are witnessing an increase in the penetration of the internet and the adoption of smartphones and mobile phones. The increasing GDP and per capita income of the respective countries is expected to boost the music market as a whole, thereby pushing the prospects of earphone and headphone sales.
Top Factors Shaping Earphone and Headphone Market
Increasing Mobile Phone and Smartphone Penetration
Since the past few years, there has been significant growth in the sales of smartphones and mobile phones across the world, especially in developing countries. As the usage of mobile device has increased, the demand for earphone and headphone has also increased. The adoption of mobile devices, especially smartphones and tablets, across emerging countries such as India, China, Indonesia, and Brazil is growing at a significant pace. This can be attributed to the rising popularity of online music mobile streaming and growth in internet penetration in these countries.
Stronger Distribution owing to E-Commerce Growth
To gain a competitive advantage in the earphone and headphone market, key providers largely rely on strong distribution channels, such as multi-brand distributors and retailers of headphones & earphones, to improve the availability of their products. Besides partnering with retailers, the providers of earphones and headphones are collaborating with various E-commerce giants, such as Amazon and Alibaba, owing to the expanding E-commerce market, especially in countries such as the U.S., China, Brazil, and India. Thus, the strengthening of the distribution channel and expansion of marketing platforms for various products is also assisting the growth of the global earphone and headphone market in terms of value.
Earphone and Headphone Market Structure Analysis
Some of the top participants in the global earphone and headphone market include
- Plantronics Pty Ltd.
- Sennheiser Electronic GmbH & Co. KG
- Sony Corporation
- JVC Corporation
- Harman International Industries
- GN Netcom (Jabra)
- Philips Electronics Ltd.
- Bose Corporation
- Audio-Technica Corporation
- Beats (Apple Inc.)
among other earphone and headphone provides. While most of the key players are focused on maintaining a strong market presence in the North American, European, and South Asian earphone and headphone markets, the report underscores that technology assessment will be an important developmental strategy for companies.
Leading players in the global earphone and headphone market are also concentrating on entering into partnerships and collaborations with other company providers, and this will remain a strong differentiating strategy.
Market Set to Grow over 2X betweenThe pervasive trend from ‘wired to wireless’ earphone and headphone - integrated with Bluetooth technology - is evident, as the battery technology advances and USB-C becomes the new charging standard. Demand for advanced quality wireless earphone and headphone will only increase, as cities grow larger, commutes become longer, and podcasting networks translate into self-sustaining businesses.
Waves of Growth in Earphone and Headphone Landscape
Earphone and headphone market is buoyed by the tidal wave of growth in the developing markets, with countries such as China and India making strong headways in going wireless. Gains also remain significant from North America and Europe, where penetration of technologies has traditionally been strong – collectively these two regions account for over two-fifth market shares.
The Broader OutlookStakeholders in the earphone and headphone are currently inclined toward product diversification, to improve brand value and identity. The market players are directing their focus toward high potential of developing nations, which has further led them increase their presence on online channels, even as making collaborations with established regional suppliers.
In-ear and earbuds remain preferred, holding a collective share of over 60% in sales
On-ear and over-ear products remain less attractive
Wired lead the way, with over 3/5th market shares
Sales of wireless to grow relatively faster, at over 8% through 2028
How Growth will Unfold
Consumers continue to show a marked preference for distributor & value added resellers for earphone and headphone purchases. Gains from retail stores and ecommerce platforms also remain significant, with sales in latter growing at relatively faster rate.
Distributor & Value Added Reseller | Retail Stores | Ecommerce
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Earphone and Headphone Market: Global Industry Analysis 2013-2017 & Opportunity Assessment 2018-2028
A recent market study published by FMI, “Earphone and Headphone Market: Global Industry Analysis 2013-2017 & Forecast 2018-2028” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the earphone and headphone market, the growth prospects of the market are obtained with maximum precision.
Earphones and Headphones Market Taxonomy
The global earphone and headphone market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
By Product Type
- Ear buds
By Headset Type
- Personal Use
- Corporate Offices
- Media & Entertainment
- Distributor & Value Added Resellers
- Retail Stores
By Price Range
- Low Price
- Medium Price
- Premium Price
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
The report commences with the executive summary of the earphone and headphone market, which includes a summary of the key findings and statistics of the market. It also includes the dominating segments in the global earphone and headphone market. In addition, it includes the graphical representation of the segments according to market size and growth rate.
Readers can find a detailed taxonomy and definition of the earphone and headphone market in this chapter, which will help them understand the basic information about earphone and headphone present in the market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the earphone and headphone market report.
This chapter explains the key macro-economic factors that are expected to influence the growth of the earphone and headphone market over the forecast period. Along with macro-economic factors, this section also highlights the opportunity analysis for the earphone and headphone market. This chapter also highlights the key market dynamics of the earphone and headphone market, which include the drivers and restraints. Moreover, readers will understand the key trends followed by the leading manufacturers in the earphone and headphone market.
This section explains the global market value & volume analysis and forecast for the earphone and headphone market. It includes the detailed analysis of the historical earphone and headphone market, along with an opportunity analysis of the future. Readers can also find the absolute opportunity for the current year (2018 – 2019), and an incremental opportunity for the forecast period (2018 – 2028).
Based on product type, the earphone and headphone market is segmented into ear buds, in-ear, on-ear, and over-ear. In this chapter, readers can find information about the key attractive segments during the forecast period.
Based on technology, the earphone and headphone market is segmented into wireless and wired. In this chapter, readers can find information about the key attractive segments during the forecast period.
Based on headset type, the earphone and headphone market is segmented into up to ANC and non-ANC. In this chapter, readers can find information about key segments during the forecast period.
This chapter provides details about the earphone and headphone market on the basis of application, and has been classified into personal use and professional use, which are further segmented into corporate offices, media & entertainment, sports, and gaming.
This chapter provides details about the earphone and headphone market on the basis of distribution channel, and has been classified into distributor & value-added resellers and retail stores, which are further segmented into multi-brand & exclusive and e-commerce.
This chapter provides details about the earphone and headphone market on the basis of price range, and has been classified into distributor & value-added resellers and retail stores, which are further segmented into low price, medium price, and premium price.
This chapter explains how the earphone and headphone market is expected to grow across various geographical regions, such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa (MEA).
This chapter includes a detailed analysis of the growth of the North American earphone and headphone market, along with a country-wise assessment that includes the U.S. and Canada. Readers will also find some of key points on the basis of estimated market size and consumption of earphone and headphone.
Readers can find detailed information about several factors, such as the pricing analysis and the regional trends, which are impacting the growth of the Latin America earphone and headphone market. This chapter also includes the growth prospects of the earphone and headphone market in leading countries such as Brazil, Mexico, and the Rest of Latin America.
Important growth prospects of the earphone and headphone market based on the product and the end-user industry in several countries, such as Germany, France, Spain, Italy, U.K., BENELUX, Russia, and the Rest of Europe are included in this chapter.
India, Indonesia, Thailand, Malaysia, and Rest of the South Asia are the leading countries in the South Asia region that are the prime subjects of assessment to obtain the growth prospects of the South Asia earphone and headphone market in this chapter. Readers can find detailed information about the growth parameters of the South Asia earphone and headphone market during the period 2018-2028.
This chapter highlights the growth of the earphone and headphone market in East Asia by focusing on China, Japan, and South Korea. The section also highlights data points regarding the growth of the earphone and headphone market in the East Asian region.
In this chapter, Australia and New Zealand are among the leading countries in the Oceania region, which are the prime subjects of assessment to obtain the growth prospects of the Oceania earphone and headphone market.
This chapter provides information about how the earphone and headphone market will grow in major countries in the MEA region, such as GCC Countries, South Africa, Turkey, Northern Africa, and the rest of MEA, during the forecast period 2018 - 2028.
In this chapter, readers will find a comprehensive list of all leading manufacturers in the earphone and headphone market, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Plantronics Pty Ltd., Sennheiser Electronic GmbH & Co. KG, Sony Corporation, JVC Corporation, Harman International Industries, GN Netcom (Jabra), Philips Electronics Ltd., Bose Corporation, Audio-Technica Corporation, and Beats (Apple Inc.).
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the earphone and headphone report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information about the earphone and headphone market.
How the research was conducted?
- C - Level Executives
- Marketing Directors
- Sales Heads
- Production Managers
- Distributors Heads
- Sales Executives
- Product Manufacturers
- Industry Experts
- End Users
- Current Market Dynamics and Challenges
- Market Characteristics
- Market Performance and Growth Quadrants
- Competition Structure and Market Structure
- Strategic Growth Initiatives
- Near term and long term market growth prospects
- Market Segment Splits and Authenticity
- Opinions on market projections and validity of assumptions
- Industry Publications
- IET Journals
- Industrial Product Review
- Industrial Automation Magazine
- Industry Associations
- Automation Industry Association
- ISA (International Society of Automation)
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
- Trade Websites
Primary Interview Splits