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The increasing demand of wireless earphones and headphones drives the growth of this market. Increasing penetration of smartphones coupled with declining prices of mobile devices further accelerates the market growth. In addition, the per capita income of consumers has increased considerably, which has resulted in enhanced lifestyle and higher standards of living. Rise in the number of streaming services such as Spotify, Pandora, and Deezer, enhance the music experience for consumers, thereby supporting the growth of headphones and earphones.
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Earphones and Headphones Market Market Size Worth 16,563 Million By 2026 | CAGR: 6.1%
“According to Polaris Market Research report, Earphones and Headphones market is witnessing a major transformation and is projected to reach 16,563 Million by 2026 registering a CAGR of 6.1% during the forecast period 2017 to 2026.” The global Earphones and Headphones market growth is driven by some of the key factors such as growing awareness among consumers, increasing investments by private-public organizations, and favorable government policies. Additionally, many prominent players present in the market are concentrating on the adoption of new technology and product launches to obtain a competitive edge, which in turn contributes to the Earphones and Headphones market growth. The regulatory agencies are also playing a key role as the major driving force for the market, by safeguarding the quality of product/service offerings as well as accelerating new approvals. Earphones and Headphones Market Report Scope: The study provides a comprehensive view of the Earphones and Headphones market by segmenting it based on product type, Technology Type, application, and region All the segments of the market have been thoroughly analyzed based on present and future trends. The research report has identified the key segments contributing most to the Earphones and Headphones market growth in terms of revenue along with other vital factors impacting the market dynamics. Further, the market analysis covered in the report also answers the imperative question for new entrants and existing players operating in the market. Browse Detailed Research Report On Earphones and Headphones Market Analysis: https://www.polarismarketresearch.com/industry-analysis/earphones-and-headphones-market - 2 -
By Product By Technology By By Price By End-Users By Region Distribution Range Channel • • •In-Store •Below USD 50 •Call Centers •North America (U.S., Canada) Earphones Wired • • •Online •Aviation Headphones Wireless •Between USD 50- 100 •Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria) •Gaming •Music and Entertainment •Above USD 100 •Fitness •Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea) •Others •Latin America (Brazil, Mexico, Argentina) •Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa) Impact Analysis of COVID-19 on Earphones and Headphones Market The global Earphones and Headphones market is anticipated to continue its growth amid the covid-19 pandemic. After giving insightful information on market behavior pre and post COVID-19 pandemic, the report also sheds light on the key strategic moves to overcome the adverse impact of COVID-19 on business and turn the positive impact into a lucrative opportunity. Regional Outlook - 3 -
The regional market of North America is witnessing a significant rise in the growth rate and is expected to account for the largest market share over the forecast period. The market is flourishing as a result of its increasing application scope and ample availability of vital resources. During the forecast period, the Asia Pacific region is estimated to garner the highest CAGR for the Earphones and Headphonesmarket, owing to the presence of several leading local and international players operating in the regional market. Gain access to our latest research report that includes a detailed analysis of the COVID-19 pandemic influencing the Earphones and Headphones market in different regions and how market players devising effective strategies to mitigate the effect of the pandemic: https://www.polarismarketresearch.com/industry-analysis/earphones-and-headphones-market/speak-to- analyst Competitive Landscape Leading companies holding significant market shares in the Earphones and Headphones market are analyzed considering their market shares, growth rates, market revenue, business strategies, and latest developments. Recent events for these major companies such as acquisitions, research initiatives, technological advancements, new solution/product launches, and geographical expansions considered in finalizing their position in the market. According to Polaris Market Research, the leading players with a noteworthy share in the Earphones and Headphones market include (Sennheiser Electronic GmbH & Co. KG, Sony Corporation, GN Netcom, Audio-Technica Corporation, JVC Corporation, Beats Electronics (Apple, Inc.), Harman International Industries, Inc., Plantronics Pty Ltd., Philips Electronics Ltd., and Bose Corporation among others.). Request for sample: https://www.polarismarketresearch.com/industry-analysis/earphones-and- headphones-market/request-for-sample Table of Contents 1.Overview and Scope 1.1.Research goal & scope 1.2.Research assumptions 1.3.Research Methodology 1.3.1.Primary data sources 1.3.2.Secondary data sources 1.4.Key take-away 1.5.Stakeholders 2.Executive Summary 2.1.Market Definition 2.2.Market Segmentation - 4 -
3.Earphones and Headphones Market Insights 3.1.Earphones and Headphones – Industry snapshot 3.2.Earphones and Headphones - Ecosystem analysis 3.3.Earphones and Headphones Market Dynamics 3.3.1.Earphones and Headphones – Market Forces 3.3.1.1. Earphones and Headphones Market Driver Analysis 3.3.1.2. Earphones and Headphones Market Restraint/Challenges analysis 3.3.1.3. Earphones and Headphones Market Opportunity Analysis 3.3.2.Industry analysis - Porter's five force 3.3.2.1. Bargaining power of supplier 3.3.2.2. Bargaining power of buyer 3.3.2.3. Threat of substitute 3.3.2.4. Threat of new entrant 3.3.2.5. Degree of competition 3.3.3.Earphones and Headphones Market PEST Analysis, 2017 3.3.4.Earphones and Headphones Market Value Chain Analysis 3.3.5.Earphones and Headphones Industry Trends 3.3.6.Competitive Ranking Analysis 4.Earphones and Headphones Market Size and Forecast, 2017-2026 by Product 4.1.Key Findings 4.2.Earphones 4.3.Headphones 5.Earphones and Headphones Market Size and Forecast, 2017-2026 by Technology 5.1.Key Findings 5.2.Wired 5.3.Wireless 6.Earphones and Headphones Market Size and Forecast, 2017-2026 by Distribution Channel 6.1.Key Findings 6.2.In-Store 6.3.Online 7.Earphones and Headphones Market Size and Forecast, 2017-2026 by Price Range 7.1.Key Findings 7.2.Below USD 50 7.3.Between USD 50-100 7.4.Above USD 100 8.Earphones and Headphones Market Size and Forecast, 2017-2026 by End-Users 8.1.Key Findings 8.2.Call Centers 8.3.Aviation 8.4.Gaming 8.5.Music and Entertainment 8.6.Fitness 8.7.Others 9.Earphones and Headphones Market Size and Forecast, 2017-2026 by Region 9.1.Key Findings 9.2.North America 9.2.1.U.S. 9.2.2.Canada 9.2.3.Mexico 9.3.Europe - 5 -
9.3.1.Germany 9.3.2.UK 9.3.3.France 9.3.4.Italy 9.3.5.Rest of Europe 9.4.Asia-Pacific 9.4.1.China 9.4.2.India 9.4.3.Japan 9.4.4.Australia 9.4.5.Rest of Asia-Pacific 9.5.Latin America 9.5.1.Brazil 9.6.Middle East & Africa 10.Company Profiles 10.1. Sony Corporation 10.1.1.Overview 10.1.2.Financials 10.1.3.Product Benchmarking 10.1.4.Recent Developments 10.2. Sennheiser Electronic GmbH & Co. KG 10.2.1.Overview 10.2.2.Financials 10.2.3.Product Benchmarking 10.2.4.Recent Developments 10.3. Bose Corporation 10.3.1.Overview 10.3.2.Financials 10.3.3.Product Benchmarking 10.3.4.Recent Developments 10.4. Philips Electronics Ltd. 10.4.1.Overview 10.4.2.Financials 10.4.3.Product Benchmarking 10.4.4.Recent Developments 10.5. Plantronics Pty Ltd. 10.5.1.Overview 10.5.2.Financials 10.5.3.Product Benchmarking 10.5.4.Recent Developments 10.6. Harman International Industries, Inc. 10.6.1.Overview 10.6.2.Financials 10.6.3.Product Benchmarking 10.6.4.Recent Developments 10.7. Beats Electronics (Apple, Inc.) 10.7.1.Overview 10.7.2.Financials 10.7.3.Product Benchmarking 10.7.4.Recent Developments - 6 -
10.8. JVC Corporation 10.8.1.Overview 10.8.2.Financials 10.8.3.Product Benchmarking 10.8.4.Recent Developments 10.9. Audio-Technica Corporation 10.9.1.Overview 10.9.2.Financials 10.9.3.Product Benchmarking 10.9.4.Recent Developments 10.10. GN Netcom 10.10.1. Overview 10.10.2. Financials 10.10.3. Product Benchmarking 10.10.4. Recent Developments Access Press Release on Earphones and Headphones Market: https://www.polarismarketresearch.com/press-releases/global-earphones-and-headphones-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors, and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 7 -