“Grand View Research, Inc. – Market Research And Consulting.”

According to a report,“Earphones And Headphones Market Analysis By Product (In-Ear, Over-Ear), By Technology (Wired, Wireless), By Price (Less Than 50, Between 50 To 100, Above 100), By Application (Fitness, Gaming, VR), & Segment Forecasts, 2018 – 2025”, published by Grand View Research, Inc., the global earphones and headphones market is expected to reach USD 15.8 billion by 2025. The increasing adoption of earphones/headphones during a workout is primarily expected to drive the earphones & headphones market growth over the coming years. Customers use headphones at their workplaces to enjoy music and other audio content on mobile devices. Further, availability of advanced features and the surge in replacement market is anticipated to fuel their demand over the next seven years.

Key Takeaways from the report:

• The in-ear or earphones captured a revenue share exceeding 4.0 billion in 2015 and the segment is expected to exhibit healthy growth over the forecast period, owing to the growing adoption of tablets & smartphones

• The over-ear segment is also expected to gain traction over the forecast period with the increasing demand for headphones across the music & entertainment and sports & fitness applications

• Wireless earphones & headphones are expected to be the next big thing in the industry. and accounted for a significant share in 2015, a trend expected to continue over the forecast period.

• The sports & fitness application segment is anticipated to witness increased adoption, owing to the rising popularity and adoption of mobile devices including smartphones, tablets, and portable music players

• Asia Pacific dominated the market in 2015 with a revenue exceeding 2.0 billion. The increasing consumer disposable incomes, particularly in India and China, are expected to positively impact market growth over the coming years.

• The key purveyors in the earphones & headphone industry comprise JVC, Skullcandy, Sony Corp, Sennheiser Electronic, Shure, Inc., and Bose Corp, who emphasize on maximizing product differentiation as a part of their strategy.

Asia Pacific earphones and headphones market, by product, 2014 – 2025 (USD Million)

Browse More Reports in Electronic Devices Industry:

• Commercial Kitchen Equipment Market: Globally, Quick Service Restaurants (QSRs) are projected to represent the highest user base of commercial kitchen equipment. Emerging consumer trends in the U.S. and European countries, such as a shift toward low-calorie and healthy food, are expected to drive the demand for nutritious food chains and outlets.

• Electric DC Motors Market: These motors are extensively used in compressors, machine tools, electric cars, and domestic appliances, among others. Major advantages, such as lesser rotor heat and higher peak efficiency as compared to other motors, make them suitable for applications in a variety of fields. These high-efficiency motors are expected to gain importance due to their long operating life, low maintenance, and low energy consumption.

Global earphones and headphones market by technology, 2015 (%)

The music & entertainment industry has flourished, significantly, over the past years. Live music streaming on portable devices, including smartphones and music players, has completely evolved the economy of the global music industry. The music & entertainment industry has marked its presence with technological advancements and has catered the global accessory market, such as earphones and headphones market, to witness positive growth.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: Switzerland
Website: www.grandviewresearch.com/industry-analysis/earphone-and-headphone-market