The new report by Expert Market Research titled, ‘Global Earphones and Headphones Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, provides an in-depth evaluation of the worldwide earphones and headphones market, assessing the market based mostly on its segments, know-how, purposes, and main areas. The report tracks the most recent developments within the trade and research their influence on the general market. It additionally assesses the market dynamics, masking the important thing demand and value indicators, together with analysing the market based mostly on the SWOT and Porter’s Five Forces fashions.
Note 1: For a snapshot of the first and secondary knowledge of the market (2016-2026), together with enterprise methods and detailed market segmentation, please click on on request pattern report. The pattern report shall be delivered to you inside 24 hours.
The key highlights of the report embody:
Market Overview (2016-2026)
• Historical Market Size (2020): USD 11.2 billion
• Forecast CAGR (2021-2026): 6.1%
Customers’ want for improved audio high quality, the fast-growing music enterprise, rising web penetration, and evolving cellular applied sciences are the important thing components driving the earbuds and headphones market.
Industry Definition and Major Segments
Headphones are small audio system that may be worn over or round your ears. In conventional headphones, two ear cups are secured over your head by a band. Smaller headphones, usually referred to as earbuds or earphones, are worn on the surface of your ear canal.
The trade could be broadly categorised based mostly on merchandise into:
The trade could be divided based mostly on know-how as:
The trade could be categorised on the premise of software as:
• Virtual Reality
• Music and Entertainment
The EMR report appears to be like into the regional earphones and headphones markets like:
• North America
• Latin America
• the Middle East and Africa
• the Asia Pacific areas
In the projected interval, technological enhancements such because the launch of notch-less smartphones are anticipated to extend demand for earbuds and headphones. The predicted rise in demand for fashionable and interesting fashions to spice up product gross sales will assist the earbuds and headphones trade develop much more. The creation of recent applied sciences resembling Active Noise Cancellation (ANC), which helps eradicate background noise and improves sound high quality, is projected to spice up trade development. Smartphones, laptops, tablets, transportable music gamers, and different cellular devices are gaining popularity and accepted, which helps the market develop.
Key Market Players
The main gamers out there are Apple, Inc. (NASDAQ: AAPL), Bose Corporation, Grado Labs, Inc., Sennheiser digital GmbH & Co. KG, JVCKENWOOD Corporation, Koninklijke Philips N.V., Logitech International SA, and Panasonic Corporation. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, amongst different newest developments of those market gamers.
Note 2: As the novel coronavirus (COVID-19) continues to unfold internationally, our analysts are always monitoring the influence of this quickly evolving scenario on the markets and the patron buy behaviours. Thus, our newest estimates and evaluation in regards to the present market developments and forecast will exhaustively replicate the consequences of this rising pandemic.
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