Earphone and Headphone Market Introduction
Changing consumer lifestyle and preferences is encouraging major players to constantly focus on product innovation and cost reduction to enhance customer base. Prominent vendors in the market are aiming towards introducing application-specific trendy earphones & headphones to redefine company branding.
Proliferation of smartphones and tables across the globe is boosting growth of the earphone and headphone market. Additionally, increasing demand for trendy and stylish products is likely to impact growth of the market positively in coming years. Further, rising disposable income, easy availability of distribution channel, and growing urban population is anticipated to fuel the market growth over the forecast period. However, increasing number of counterfeit products is acting as a roadblock for the global earphone and headphone market especially in developing regions.
The global earphone and headphone market has been segmented into product type, price range, end user and distribution channel. The market has been segment based on product type into wired and wireless earphone & headphone. In each of these segments over-ear and in-ear sub-segments are analyzed. Based on price range the global earphone and headphone market is classified into premium-priced, mid-priced, and low-priced. The market is categorized based on end user into corporate user and individual user. By distribution channel, the earphone & headphone market is bifurcated into Multi-brand stores, company owned stores, and online retail stores.
The global earphone and headphone market study covers major geographies such as North America, Latin America, Asia Pacific, Western Europe, Eastern Europe, and Middle East & Africa. North America and Asia Pacific are the major regional markets in the overall market constituting over 60% of the market share. Growing demand for trendy and innovative earphones & headphones in these regions are projected to boost market growth. Other regions such as Latin America and Africa are anticipated to create opportunities for major vendors operating in the market in coming year.
Earphone and Headphone Market Competitive Landscape
Key players operating in the global earphone and headphone market are concentrating on investing substantial amount on development of innovated and advanced technology-enabled products. Major players identified in the global earphone and headphone market are Bose Corporation, Beats Electronics (Apple Inc.), Audio-Technia Corporation, Harman International Industries Incorporated, Sony Corporation, GN (Netcom) Jabra, JVC Corporation, Plantronics Pty. Limited, Philips Electronics Limited, and Sennheiser Electronic GmbH & Co. KG.
Major Regions/Countries include:
- North America
- Western Europe
- United Kingdom
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific (APAC)
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa (MEA)
- North Africa
- South Africa
- Rest of MEA
This research report on earphone and headphone market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.