Speaker Driver Market Size Analysis, DROT, PEST, Porter’s, Region by 2030

1. Speaker Driver Market Size Worth USD 31.18 Billion in 2028 Increasing use of consumer electronics and rising disposable income among consumers are key factors driving market growth www.emergenresearch.com . 2

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5. Market Summary The Global Speaker Driver Market size is expected to reach USD 31.18 Billion and register a CAGR of 2.3% during the forecast period, according to latest analysis by Emergen Research. Key market revenue growth driving factors include increasing use of consumer electronics such as televisions, smartphones, smart watches, washing machines, smart televisions etc. In addition, rapid adoption of online audio and video streaming services is another factor driving revenue growth of market. Rising disposable income among consumers, improving standards of living, rapid urbanization, and robust penetration of mobile phones and high-speed and reducing costs of Internet connectivity are some other factors supporting market growth. Introduction of airpods has a significant role to play in growth of market. Demand for wireless these products has been increasing due to rising preference for more convenience as these products connect wirelessly via any audio or video device and eliminate the hassles experienced using wired headsets. Technological advancements and introduction of more advanced products such as notch less smartphones is further expected to support market growth going ahead. Read More : https://www.emergenresearch.com/industry-report/speaker-driver-market www.emergenresearch.com

6. Market Summary Some Key Highlights from the Report In September 2020, CX 400BT True Wireless was launched by Sennheiser, and delivers high fidelity stereo sound with natural meds and deep bass due to the presence of 7mm dynamic driver. In May 2020, HD 458BT wireless headphones was launched by Sennheiser with a stylish new design. Asia Pacific accounted for largest revenue share contribution to the global market in 2020 and the trend is expected to continue over the forecast period. This steady growth can be attributed to presence of key players in countries in the region. China, being the largest producer and consumer of electronics, is a major contributor to revenue growth of the market in the region. Moreover, rising disposable income, increasing penetration of mobile devices, and rapid development of 5G infrastructure in countries such as India, South Korea, China, and Japan is expected to support market growth. Major companies operating in market are Sennheiser Electronic GmbH & Co. KG, Samsung Electronics, Sony Corporation, Knowles Electronics, Goertek, Beyerdynamic GmbH & Co. KG, Fostex International, Eastech, Voz Electronic Co., Ltd., and Fortune Grand Technology inc. Request Free Sample @ https://www.emergenresearch.com/request-sample/599 www.emergenresearch.com

7. Market Summary Emergen Research has on the basis of product type, application, end-use, and region: Device Type Outlook (Revenue, USD Billion; 2018–2028) Headphones/Earphones Hearing Aids Smart Speakers Mobile Phones/Tablets Loudspeakers Size Outlook (Revenue, USD Billion; 2018–2028) Below 20 mm 20–110 mm Application Outlook (Revenue, USD Billion; 2018–2028) Professional/Enterprise Consumer Medical Others (banking, travel and tourism, hospitality, and education) Request customization @ https://www.emergenresearch.com/request-for-customization/599

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9. Regional Share Dynamics www.emergenresearch.com

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