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Earphone and Headphone Market Industry Pitfalls and Future Challenges, 2017-2024

Request Sample of Report @ http://bit.ly/2mzmmfh<br>The earphones and headphones market has experienced several technological advancements such as improvisation in sound quality, high performance and attractive designs. Growing demand for smartphones, MP3 players, iPods as well as online music sites are contributing to the industry growth. High quality earphones and headphones provide an enhanced experience coupled with high quality sound for music enthusiasts.<br>

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Earphone and Headphone Market Industry Pitfalls and Future Challenges, 2017-2024

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  1. Earphone and Headphone Market Present Efficiencies and Future Challenges from 2017 to 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from Earphones and Headphones Market: • Earphones and Headphones Marketsize is set to exceed USD 25 billion by 2024; global shipments will grow at nearly 4% CAGR estimation, according to a new research report by Global Market Insights, Inc. Advancements in wireless technologies such as Wi-Fi, Bluetooth, and Infrared (IR) are expected to drive the overall earphones and headphones market growth. Wireless technology development can be majorly credited to the exclusion of headphone jacks from smartphones; the technology has become more affordable and is replacing the need for physical cabling. Manufacturers are now providing wireless headsets with high audio quality, which is expected to drive the overall earphones and headphones market over the future. • The industry is anticipated to witness growth over the forecast timespan owing to the rising demand of several applications including industrial, aviation and public safety. Surge in the sales of smart mobile devices has fueled the demand for Bluetooth enabled earphones and headphones, which is anticipated to boost the industry demand across the globe. Developments in the design & engineering to offer compact and light products along with declining earphone and headphone market price trend is propelling the industry growth.

  3. Continued... • A key challenge in the earphones and headphones market is the availability of counterfeit products. Since a few years, several product replicas have given rise to competition for core giants and creating a dent in their market share. The presence of low-cost knockoffs also poses a threat for the earphones and headphones market growth. • Public safety applications in the earphones and headphones market have witnessed growing adoption across ambulances, aircraft rescues, fire boats and firefighting departments will, thereby driving the industry growth. The systems used in the public safety applications are completely weatherproofed and can be used on some of the most progressive rescues and fire boats. • In ambulances, the system allows hands-free communications for drivers and medics. It permits the medics to efficiently communicate over the dispatch radio by using footswitches while supporting the patients. The wired and wireless systems enable the crew to ensure continuous communications with mobile dispatchers.

  4. China earphones market size, by application, 2016 & 2024 (USD Million)

  5. Browse Full Market Research Report of Earphones and Headphones Market @ http://goo.gl/Dq3c9a Request for a Sample of this Research report @ https://www.gminsights.com/request-sample/detail/482

  6. Continued... • Asia Pacific earphones and headphones market is anticipated to witness substantial growth owing to the growing usage of mobile devices and the expanding mobile device industry in densely populated countries such as China and India. The growing demand for the products in the region has been witnessed from the business outsourced processing industry mainly in Philippines and India, which are the largest offshoring centers globally. The growing consumer disposable incomes in the region are also anticipated to act as an impetus in generating demand. • Some of the earphones and headphones market participants are Apple, Inc., Bose Corporation, David Clark Inc., Harman International, Inc., JVC, Koninklijke Philips N.V., Sennheiser Electronic, Skullcandy, Inc., Sony Corporation, Grado Labs, Audio Technica Corporation, etc. The earphones and headphones market is still growing steadily, and is characterized by fierce competition. The industry demands modernization, with players placing additional importance on unceasing developments in enhanced noise-cancelling functionalities, sound quality, wireless technologies, with major focus on feature oriented systems which are helping in rapid growth.

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