Consumer & Luxury Goods Market Research News

Research delivers insight into the earphone headphone market forecast to 2022

Consumer Market Research

This report studies the Earphone Headphone market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the Earphone Headphone market by product type and applications/end industries.

The earphone and headphone market share is set to exceed USD 18.5 billion by 2022 . Advancements in wireless technologies and the rising adoption of portable devices such as smartphones, mobiles, laptops, and tablets will prominently drive earphones and headphones market size over the coming six years.

Global shipments will grow at nearly 7% CAGR estimation, the market research firm predicts.

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Growing consumer preference for mobile phones, and portable audio players will accelerate earphone & headphone market demand over the years to come.

Flourishing Wi-Fi and Bluetooth sectors will further add towards the product demand in the near future, Global Market Insights says.

Rapidly expanding home audio equipment sector will contribute significantly towards earphone & headphone market revenue over the coming five years. Product innovations along with successful execution of marketing and branding strategies executed by the major players will benefit the industry.

High per capita income along with elevated economic growth across emerging economies is expected to create brighter growth prospects for market.

Earphone & headphone industry may face growth challenges on account of the industry being highly fragmented and competitive.  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.

Global Earphones and headphones market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in units and revenue in USD from 2012 to 2022. Key industry participants include Apple, Ultimate Ears, Philips, Sennheiser, Bose, Shure, Harman, Grado Labs, Audio-Technica, Panasonic, Pioneer, Sony, Skullcandy and more.

The report features 298 pages with 293 market data tables & 33 figures & charts, including Regional Outlooks for U.S., Canada, UK, Germany, France, Italy, China, Japan, India, South Korea, Mexico, Brazil, Saudi Arabia, and South Africa. 

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