Global Wired Headphones and Earphone Market, By Product (Earphones, Headphones), Price Range (Premium, Moderate, Low), Technology (Active Noise Cancellation and Others), Distribution Channel (Offline, Online), Type (In-Ear, On-Ear, Over-Ear), Features (Smart, Non-Smart), Sales Channel (Original Equipment Manufacturer Channel, Aftermarket Channel), Application (Fitness and Sports, Gaming, Virtual Reality, Music and Entertainment) – Industry Trends and Forecast to 2029.
Wired Headphones and Earphone Market Analysis and Size
The wired headphones and earphones are widely used in the music industry and the fitness segments in our day-to-day life. The rising penetration of the product and the technological advancements will offer numerous growth opportunities to the market.
Global wired headphones and earphone market was valued at USD 25,903.20 million in 2021 and is expected to reach USD 112123.71 million by 2029, registering a CAGR of 20.10% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Wired Headphones and Earphone Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Earphones, Headphones), Price Range (Premium, Moderate, Low), Technology (Active Noise Cancellation and Others), Distribution Channel (Offline, Online), Type (In-Ear, On-Ear, Over-Ear), Features (Smart, Non-Smart), Sales Channel (Original Equipment Manufacturer Channel, Aftermarket Channel), Application (Fitness and Sports, Gaming, Virtual Reality, Music and Entertainment)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Apple Inc. (U.S.), Bose Corporation (U.S.), Grado Labs. (U.S.), Harman International (U.S.), JVCKENWOOD Corporation (Japan), Koninklijke Philips N.V. (Netherlands), Logitech. (Switzerland), Panasonic Corporation (Japan), Plantronics, Inc. (U.S.), Onkyo & Pioneer Corporation (Japan), Sennheiser electronic GmbH & Co. KG (Germany), SHENZHEN CANNICE TECHNOLOGY CO.,LTD. (China), Shure Europe (U.S.), Sony India. (Japan), Skullcandy (U.S.)
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Market Opportunities
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Market Definition
A wired earphones or a headphone is a device that is used to listen to music for wide range of applications such as fitness, gaming, entertainment and others. They have plugs and headphone jacks to transmit sound from device to the headphones. Most common types of headphone plugs are 3.5mm, TRS, TRRS, TRRRS, and USB and are still preferred over wireless ones.
Global Wired Headphones and Earphone Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Numerous Applications of wired headphones and earphones
The wired headphones and earphones are widely used in our day-to-day life. The applications of the wired headphone and earphones and the wide range of end user industries such as unlimited playtime and easy to use features, are the vital factors driving the market's growth over the forecasted period. Moreover, active noise cancellation and other advantages are also driving the growth of the market.
- Low costs and easy repair
Wireless headphones and earphones technology have grown over the recent year. The low costs of the wired headphones and earphones have led to an increase in the sales of the wired segments. Moreover, the easy repair of damaged or frayed wired earphones or headphones in the repairing shops have further led to the changing preference of the consumers, which ultimately has driven the growth of the market over the forecasted period.
Opportunities
- Growing penetration and advantages
The growing penetration of wired headphones in various sectors and applications such as increased efficiency, enhanced compatibility and others are estimated to generate lucrative opportunities for the market, which will further expand the market's growth rate in the future. Additionally, the technological advancements in earphones and headphones such as active noise cancellation, will also offer numerous growth opportunities within the market.
Restraints/Challenges
- Shifting preferences
The shifting preferences of people from wired to non-wired products due to the rising advantages and capabilities of the product is expected to obstruct market growth.
- Easy damage of the product
The main drawback is the easy damage of the product. This factor is projected to be challenge for the wired headphones and earphone market over the forecast period.
This wired headphones and earphone market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the wired headphones and earphone market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Wired Headphones and Earphone Market Scope
The wired headphones and earphone market is segmented on the basis of product, price range, technology, distribution channel, type, features, sales channel and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Earphones
- Headphones
Price Range
- Premium
- Moderate
- Low
Technology
- Active Noise Cancellation
- Others
Distribution Channel
- Offline
- Online
Type
- In-Ear
- On-Ear
- Over-Ear
Features
- Smart
- Non-Smart
Sales Channel
- Original Equipment Manufacturer Channel
- Aftermarket Channel
Application
- Fitness and Sports
- Gaming
- Virtual Reality
- Music and Entertainment
Wired Headphones and Earphone Market Regional Analysis/Insights
The wired headphones and earphone market is analyzed and market size insights and trends are provided by product, price range, technology, distribution channel, type, features, sales channel and application as referenced above.
The countries covered in the wired headphones and earphone market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the wired headphones and earphone market because of the introduction of low-cost technology and the availability of cheap labor within the region.
North America is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising adoption of highly advanced technology within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Wired Headphones and Earphone Market Share Analysis
The wired headphones and earphone market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to wired headphones and earphone market.
Some of the major players operating in the wired headphones and earphone market are
- Apple Inc. (U.S.)
- Bose Corporation (U.S.)
- Grado Labs. (U.S.)
- Harman International (U.S.)
- JVCKENWOOD Corporation (Japan)
- Koninklijke Philips N.V. (Netherlands)
- Logitech. (Switzerland)
- Panasonic Corporation (Japan)
- Plantronics, Inc. (U.S.)
- Onkyo & Pioneer Corporation (Japan)
- Sennheiser electronic GmbH & Co. KG (Germany)
- SHENZHEN CANNICE TECHNOLOGY CO.,LTD. (China)
- Shure Europe (U.S.)
- Sony India. (Japan)
- Skullcandy (U.S.)
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