Earphone and Headphone Market Size to Grow by USD 20720.41 Million From 2022 to 2027, Customer Landscape, Vendor Assessment & Market Dynamics - Technavio

NEW YORK, Nov. 8, 2022 /PRNewswire/ -- Technavio categorizes the Global Earphone and Headphone Market as a part of the parent consumer electronics market, covering products and companies engaged in the manufacturing/marketing of consumer robotics, home audio and video products, televisions, digital cameras, and related products. The Global Earphone and Headphone Market share is set to increase by USD 20720.41 Million from 2022 to 2027. In addition, the market's growth momentum will accelerate at a CAGR of 9.84% as per the latest market forecast report by Technavio. The market will also record an 8.92% Y-O-Y growth Rate during the forecast period.

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Global Earphone and Headphone Market - Customer Landscape

Our report analyzes the Life Cycle of the Global Earphone and Headphone Market from the innovator's stage to the laggard's stage. The report illustrates the lifecycle of the global earphone and headphone market, focusing on the adoption rates of the major countries such as the US, Canada, China, India, Japan, and Germany. To help companies evaluate and develop growth strategies for 2022-2027. Our researchers have included –

• Key purchase criteria
• Adoption rates
• Adoption lifecycles
• Drivers of price sensitivity
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Global Earphone and headphone Market – Vendor Analysis

Vendor Landscape - The global earphone and headphone market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer earphones and headphones in the market are Apple Inc., Alclair Audio Inc., Bose Corp., JVCKENWOOD Corp., Bowers and Wilkins, Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Skullcandy Inc., Sony Corp, and others. The global earphone and headphone market is at its growing stage. This implies that the market in focus is characterized by increased sales, an increase in the number of customers, and increased profits. The existing vendors in the market compete based on product design, aesthetics, functionality, and applications. Product differentiation, portfolio, and pricing are the other major drivers of global earphones and headphones market competition. The degree of competition in the market is expected to intensify during the forecast period due to product extensions, fostering further the growth of the market in focus.

Vendor Offerings -

• Alclair Audio Inc.: The company offers earphones and headphones such as hunting protection earphones, motorcycle earbuds, and wired earphones.
• Apple Inc.: The company offers Airpods Pro second generation, Airpods Max, Mini homepad earphones, and wired earpods.
• Bose Corp.: The company offers earphones and headphones such as noise-cancelling earphones, wireless earphones, sport earphones, aviation headsets, and earbuds.
• Bowers & Wilkins: The company offers in-ear wired and wireless earphones.
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  Global Earphone and headphone Market - Segmentation Assessment

Geography Segment Overview

Technavio's market research report entails detailed information on regional opportunities in store for vendors, which will assist in generating sales revenues. The Global Earphone and Headphone Market as per geography is categorized into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides an accurate prediction of the contribution of all regions to the growth of the Global Earphone and Headphone Market size and actionable market understanding.

• Regional Highlights - North America is the fastest-growing region in the global earphone and headphone market compared to other regions. 29% growth will originate from North America. North America has been at the forefront of several consumer goods innovations, including electronic devices. Consumers in these regions have shown a keen interest in adopting paid digital audio subscriptions and podcasts. They are also actively engaging in fitness and sports activities. The trend to invest in music and fitness subscriptions generates high sales for head and earphones as essential accessories. Therefore, the high demand for headphones in North America, coupled with high disposable income levels and increased adoption of smartphones, are the key factors influencing the growth of the regional market.
• Revenue Generating Segment Highlights - The Global Earphone and Headphone Market as per type segmentation is categorized into in-ear, on-ear, and over-ear. The earphone and headphone market share growth by the in-ear segment will be significant during the forecast period. The wireless in-ear earphones provide users with a tangle-free experience, as there is no wire connecting the left and right earpieces. They are extremely portable as they are compact and can be carried around in a charging case. Product advancements like active noise cancellation (ANC) and near-field communication (NFC) offer consumers an enhanced listening experience.

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Global Earphone and headphone Market – Market Dynamics

• Major Driver - Technological advancements for product enrichment is driving the growth of the market. Vendors are continually focusing on developing innovative and technologically advanced products. The market players are focusing on implementing AI to provide a unique and personalized audio experience to users. Vendors are also attempting to reduce the size and weight of earbuds and headsets to provide greater sound quality through intensive innovation. The demand for these products is high, owing to which many new product launches can be witnessed in the market during the forecast period.
• Major Trend - The growing demand for IPX-certified devices is the key trend in the market. Several vendors in the market are introducing new products that are sweat-proof and water-resistant, with the ear padding removable and washable in a few models. They are manufacturing their products with a certain ingress protection (IPX) rating in mind, which is a safety rating to offer protection against dust and water. An IPX1-rated device is resistant to water droplets and can be dripped in water for 10 minutes. The level of protection ranges from the number zero to nine and increases, with the highest level being IPX9, which offers protection against the spray of water from a high-pressure nozzle. Similarly, in the case of dust, the rating ranges from IP0X to IP6X, with IP6X being the highest. In some cases, the product may be resistant to both dust and water.
• Major Challenges - The high prices associated with wireless variants is the major challenge in the market. The growing consumer appetite for additional features is increasing the price of wireless headphones. Also, the popularity of sports and fitness wireless headphones is growing, and they are generally offered at high prices. The global wireless headphones market is in its growth stage. Most of the vendors offer wireless headphones at a high price. The high-priced premium wireless headphones are expected to discourage consumers from adopting such products in developing countries. Thus, the increased costs associated with wireless headphones are expected to impact market growth negatively.

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Earphone and headphone Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist earphone and headphone market growth during the next five years
• Estimation of the earphone and headphone market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the earphone and headphone market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of earphone and headphone market vendors

Related Reports:

• The wireless headphones market is projected to grow by USD 1.51 billion with a CAGR of 16.46% during the forecast period 2021 to 2026. The market is segmented by type (in-ear wireless headphones, on-ear wireless headphones, and over-ear wireless headphones) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).
• The headphones market share is expected to increase by USD 30.2 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 15.12%. The market is segmented by product (non-smart headphones and smart headphones), technology (wired headphones and wireless headphones), type (in-ear headphones, over-ear headphones, and on-ear headphones), and geography (North America, Europe, APAC, the Middle East and Africa, and South America).

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global earphone and headphone market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global earphone and headphone market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 Technology Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between2022 and 2027

• 5.2 Bargaining power of buyers
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 In-ear - Market size and forecast 2022-2027
• Exhibit 34: Chart on In-ear - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on In-ear - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on In-ear - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on In-ear - Year-over-year growth 2022-2027 (%)

• 6.4 On-ear - Market size and forecast 2022-2027
• Exhibit 38: Chart on On-ear - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on On-ear - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on On-ear - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on On-ear - Year-over-year growth 2022-2027 (%)

• 6.5 Over-ear - Market size and forecast 2022-2027
• Exhibit 42: Chart on Over-ear - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Over-ear - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Over-ear - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Over-ear - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Type
• Exhibit 46: Market opportunity by Type ($ million)

7 Market Segmentation by Technology

• 7.1 Market segments
• Exhibit 47: Chart on Technology - Market share 2022-2027 (%)
• Exhibit 48: Data Table on Technology - Market share 2022-2027 (%)

• 7.2 Comparison by Technology
• Exhibit 49: Chart on Comparison by Technology
• Exhibit 50: Data Table on Comparison by Technology

• 7.3 Wired - Market size and forecast 2022-2027
• Exhibit 51: Chart on Wired - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Wired - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Wired - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Wired - Year-over-year growth 2022-2027 (%)

• 7.4 Wireless - Market size and forecast 2022-2027
• Exhibit 55: Chart on Wireless - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Wireless - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Wireless - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Wireless - Year-over-year growth 2022-2027 (%)

• 7.5 TWS - Market size and forecast 2022-2027
• Exhibit 59: Chart on TWS - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on TWS - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on TWS - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on TWS - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Technology
• Exhibit 63: Market opportunity by Technology ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027
• Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027
• Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 India - Market size and forecast 2022-2027
• Exhibit 105: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.13 Japan - Market size and forecast 2022-2027
• Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.14 Market opportunity by geography
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Alclair Audio Inc.
• Exhibit 120: Alclair Audio Inc. - Overview
• Exhibit 121: Alclair Audio Inc. - Product / Service
• Exhibit 122: Alclair Audio Inc. - Key offerings

• 12.4 Apple Inc.
• Exhibit 123: Apple Inc. - Overview
• Exhibit 124: Apple Inc. - Business segments
• Exhibit 125: Apple Inc. - Key news
• Exhibit 126: Apple Inc. - Key offerings
• Exhibit 127: Apple Inc. - Segment focus

• 12.5 Bose Corp.
• Exhibit 128: Bose Corp. - Overview
• Exhibit 129: Bose Corp. - Product / Service
• Exhibit 130: Bose Corp. - Key news
• Exhibit 131: Bose Corp. - Key offerings

• 12.6 Bowers and Wilkins
• Exhibit 132: Bowers and Wilkins - Overview
• Exhibit 133: Bowers and Wilkins - Product / Service
• Exhibit 134: Bowers and Wilkins - Key offerings

• 12.7 GN Store Nord AS
• Exhibit 135: GN Store Nord AS - Overview
• Exhibit 136: GN Store Nord AS - Business segments
• Exhibit 137: GN Store Nord AS - Key offerings
• Exhibit 138: GN Store Nord AS - Segment focus

• 12.8 Grado Labs Inc.
• Exhibit 139: Grado Labs Inc. - Overview
• Exhibit 140: Grado Labs Inc. - Product / Service
• Exhibit 141: Grado Labs Inc. - Key offerings

• 12.9 JVCKENWOOD Corp.
• Exhibit 142: JVCKENWOOD Corp. - Overview
• Exhibit 143: JVCKENWOOD Corp. - Business segments
• Exhibit 144: JVCKENWOOD Corp. - Key news
• Exhibit 145: JVCKENWOOD Corp. - Key offerings
• Exhibit 146: JVCKENWOOD Corp. - Segment focus

• 12.10 Logitech International SA
• Exhibit 147: Logitech International SA - Overview
• Exhibit 148: Logitech International SA - Product / Service
• Exhibit 149: Logitech International SA - Key offerings

• 12.11 Panasonic Holdings Corp.
• Exhibit 150: Panasonic Holdings Corp. - Overview
• Exhibit 151: Panasonic Holdings Corp. - Business segments
• Exhibit 152: Panasonic Holdings Corp. - Key news
• Exhibit 153: Panasonic Holdings Corp. - Key offerings
• Exhibit 154: Panasonic Holdings Corp. - Segment focus

• 12.12 Pioneer India Electronics Pvt. Ltd.
• Exhibit 155: Pioneer India Electronics Pvt. Ltd. - Overview
• Exhibit 156: Pioneer India Electronics Pvt. Ltd. - Product / Service
• Exhibit 157: Pioneer India Electronics Pvt. Ltd. - Key offerings

• 12.13 Samsung Electronics Co. Ltd.
• Exhibit 158: Samsung Electronics Co. Ltd. - Overview
• Exhibit 159: Samsung Electronics Co. Ltd. - Business segments
• Exhibit 160: Samsung Electronics Co. Ltd. - Key news
• Exhibit 161: Samsung Electronics Co. Ltd. - Key offerings
• Exhibit 162: Samsung Electronics Co. Ltd. - Segment focus

• 12.14 Sennheiser Electronic GmbH and Co. KG
• Exhibit 163: Sennheiser Electronic GmbH and Co. KG - Overview
• Exhibit 164: Sennheiser Electronic GmbH and Co. KG - Business segments
• Exhibit 165: Sennheiser Electronic GmbH and Co. KG - Key news
• Exhibit 166: Sennheiser Electronic GmbH and Co. KG - Key offerings
• Exhibit 167: Sennheiser Electronic GmbH and Co. KG - Segment focus

• 12.15 Shure Inc.
• Exhibit 168: Shure Inc. - Overview
• Exhibit 169: Shure Inc. - Product / Service
• Exhibit 170: Shure Inc. - Key offerings

• 12.16 Skullcandy Inc.
• Exhibit 171: Skullcandy Inc. - Overview
• Exhibit 172: Skullcandy Inc. - Product / Service
• Exhibit 173: Skullcandy Inc. - Key offerings

• 12.17 Sony Group Corp.
• Exhibit 174: Sony Group Corp. - Overview
• Exhibit 175: Sony Group Corp. - Business segments
• Exhibit 176: Sony Group Corp. - Key news
• Exhibit 177: Sony Group Corp. - Key offerings
• Exhibit 178: Sony Group Corp. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist
• Exhibit 179: Inclusions checklist
• Exhibit 180: Exclusions checklist

• 13.3 Currency conversion rates for US$
• Exhibit 181: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 182: Research methodology
• Exhibit 183: Validation techniques employed for market sizing
• Exhibit 184: Information sources

• 13.5 List of abbreviations
• Exhibit 185: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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