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Earphone and Headphone Market 2019Description: -
The global earphone and headphone market is expected to grow at a high speed in the coming years. The study also reveals future prospects based on several past trends as well as motivating and restraining factors likely to influence the global earphone and headphone market in the upcoming forecast period to ascertain which region and segment is expected to grow well. Earphones and headphones refer electronic devices that are used for assistance in hearing sound from audios and videos when placed in your ears. They come in various different classifications and variants to serve several allied purposes such as listening to music while jogging or running or waterproof headphones.
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Major Key Players
beyerdynamic GmbH & Co. KG (Germany), Denon Electronics (USA), LLC (US), Grado Labs Inc. (US), House of Marley, LLC (US), and Jays AB (Sweden), Apple Inc (US), Sony Corporation (Japan), Sennheiser Electronic GmbH & Co. KG (Germany), Bose Corporation (US), Skullcandy Inc. (US), AIAIAI ApS (Denmark), AKG Acoustics GmbH (Austria), Audio-Technica Corporation (Japan), among others are some of the major players in the global earphone and headphone market.
Various affordable technological advancements in the field of electronics have propelled the growth of the global earphones and headphones market owing to higher affordability of the end products due to low production costs. There has been an ascension in the demand for new technology and greater sophistication in earphones and headphones which has also promoted the growth of the global earphones and headphones market. The rising interoperability and integration with smartphones and tablets have also proven to be one of the major boosters to the global earphones and headphones market. The integration of these devices with smartphones and tablets have also ushered in partnerships with various mobile device manufacturers which is likely to propel the growth of the global market. The elevation in disposable income, enhanced awareness of technology and the ballooning of the multi-faceted consumer requirements have also contributed significantly to the growth of the global earphones and headphones market.
Market Segmentation:
The earphones and headphones market is segmented by technology, feature and end use. The market is segmented by technology as wired, wireless and truly wireless. They can also be subdivided into in the ear type, on the ear and over the ear type in both the wired and wireless segments. Currently, the wired segment is dominant in the market due to its abundant availability. However, in the future the wireless segment is expected to grow quickly and dominate the market owing to its high convenience and cost-effective nature. The earphones and headphones market is segmented by feature as smart and non-smart. The currently dominant non-smart earphones and headphones are to be overpowered by the smart headphones segment in the forecast period. The earphones and headphones market is segmented by end-use as entertainment, gaming and fitness and sports.
Regional Analysis:
Geographically, the market is segmented into APAC, Europe, North America, Latin America, and MEA. Currently, the APAC region is the largest consumer of earphones and headphones market owing to high population size and rising disposable income levels. North American, along with European markets are anticipated to be better consumers of innovative new products owing to massive economic growth and enhanced awareness of the advantages of better features in earphones and headphones.
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Table of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Global Earphone and Headphone Market, By Type
6 Global Earphone and Headphone Market, By Application
7 Earphone and Headphone Market, By Region
8 Competitive Landscape
Continued….
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