Global Earphone and Headphone Market Anticipated to Touch US$ 30,828.5 Mn by 2025

Albany, USA, 2018-Jun-01 — /EPR Network/ —An insightful study, titled “Earphone and Headphone Market” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). This research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.

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Earphones and headphones are electrical accessories worn on the ear, which when connected with electrical appliances such as mobile phones, tablets, laptops, MP3 players etc. give direct concentrated sound output. With increasing adoption of mobile phones and tablets there is a significant growth observed in the adoption of earphones and headphones. Earphones and headphones are of two types – wired and wireless. Wired earphones and headphones are connected to the electrical device with the help of a wire while wireless earphones and headphones are connected to the electrical device via Bluetooth. These earphones and headphones include behind-the-head, over-the head and in-ear.

According to the report, revenue generated by the global earphone and headphone market stood at US$ 12,230.3 Mn in 2015, witnessing an increase from US$ 11,478.0 Mn in 2014. The CAGR of the global earphone and headphone market during the period 2015 -2025 was 7.0%. Revenue generated by the global earphone and headphone market is estimated to reach US$ 14,552.9 Mn by 2017 end, witnessing an increase from US$ 13,555.9 Mn in 2016. The earphone and headphone market is anticipated to witness significant revenue growth during the forecast period (2017 – 2027), owing to an increasing adoption of personal devices such as mobile phones, MP3 players, tablets etc.

In the product type segment, the market for wired earphone and headphone is anticipated to reach US$ 9,853.7 Mn by the end of 2017, up from US$ 9347.8 Mn in 2016 followed by the wireless earphones and headphones segment. In the segment by price, the wired mid-price segment is estimated to hold the largest share among the other price segments by the end of the forecast period in 2027. The market for the wired mid-price segment is estimated to be valued at US$ 3,642.8 Mn by 2017 end, up from US$ 3,432.3 Mn in 2016. In the segment by distribution channel, the market for the multi-brand store segment is estimated to be valued at US$ 6,275.5 Mn by the end of 2017, up from US$ 5,884.2 Mn in 2016 followed by the single brand store segment. In the application segment, the personal application segment is expected to hold the largest market value share by the end of 2027 followed by the corporate application segment.

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In the final section of the report, the earphone and headphone market competitive landscape is included to provide report audiences with a dashboard view, based on various categories of providers present in the value chain, their presence in earphone and headphone product portfolio and key differentiators. Key categories of providers covered in the report are earphone and headphone providers. This section is primarily designed to provide clients with an objective & detailed comparative assessment of key providers specific to a market segment in the earphone and headphone market value chain. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on the in-depth assessment of their capabilities and success in the earphone and headphone market place. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the earphone and headphone space. Key competitors covered in the report are Beats (Apple Inc.), Plantronics Pty Ltd., Sennheiser Electronic GmbH & Co. KG, Sony Corporation, GN Netcom A/S (Jabra), Harman International Industries, Inc.(AKG), Bose Corporation, JVC Corporation, Philips Electronics Ltd. and Audio-Technica Corporation

Key Segments Covered

• Earphone and Headphone Market
  • Product Type
    • Wired Earphone and Headphone
    • Wireless Earphone and Headphone
  • Price
    • Premium Price
    • Mid Price
    • Low Price
  • Distribution Channel
    • Multi-brand Store
      • Organized Store
      • Independent Store
    • Single/Mono Brand Store (Company-owned Store)
    • Online Store
  • Application
    • Media and Entertainment
    • Sports
    • Gaming
    • Personal
    • Corporate

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