PREMIUM HEADPHONES MARKET ANALYSIS (2019-2027)
Headphones are transforming into multi-functional gadgets. Need for personalized listening experience, advancement in technology, manufacturing, and portable consumer electronic devices is fueling growth of the global premium headphones market. Escalating urban population across the globe, characterized by urban upper class and high net worth individuals has led to strong demand for premium headphones.
Market Dynamics
The launch of innovative premium headphones with transformation in the appearance, sound delivery, portability, and connectivity of products is fueling the demand for premium headphones. Premium Headphones delivering extra capabilities such as noise-cancellation and noise-isolation are likely to increase the multi-functionality of these devices, which will ultimately boost growth of this market. For instance, in August 2018, Sony Corporation unveiled WH-1000XM3, the newest addition to the 1000X series of wireless, noise-cancelling headphones at IFA consumer electronics show in Berlin, Germany. Furthermore, technological advancements such as Bluetooth, IR (infrared) technology, and Wi-Fi connectivity are enabling vendors to attract new consumers. The integration of products with smart features such as fitness tracker wearables, and speech modulation devices will contribute to the development of the global premium headphones market. For instance, in July 2018, JBL, a brand of Harman International Industries, Inc., introduced training-proof wireless headphones built exclusively for gym, featuring UA SuperVent fabric ear cushions and JBL TalkThru technology. Moreover, the market is currently witnessing the incorporation of newer technologies such as gesture recognition and control, active head tracking, 3D surround sound delivery, and onboard storage in over-ear. Furthermore, the development of smart hearables that deliver outstanding sound along with other features such as biometric monitoring, augmented hearing, and language translation will boost the global premium headphone market growth.
Presence of counterfeit products is expected to hamper the market growth to a significant extent. Though, the materials used in manufacturing, quality of sound, and durability of pirated products is inferior to those offered by major premium headphones the demand for pirated products will restrain growth of this market. Moreover, the global premium headphones market is targeted only to specific consumers from high income segment, which restraints growth of the market and reduces the total addressable market of premium headphones over the forecast period.
Key features of the study:
- This report provides in-depth analysis of global premium headphones market size (2017–2027) (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2019–2027).
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, mergers and acquisitions, customer behavior analysis, pricing analysis, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- This study also provides key insights on premium DAC market drivers, restraints, opportunities, customer behavior analysis and pricing analysis
- It profiles leading players in the global premium headphones market based on the following parameters – company overview, financial performance, product portfolio (including prices) and technical specifications, geographical presence, financial details, key developments, strategies, and future plans
- Companies covered as part of this study include Bose Corporation, Beats Electronics, 3M, Alclair Audio, Audio-Technica Ltd., Panasonic Corporation, Bowers & Wilkins Group Ltd., David Clark Inc., GN Group, Harman International, Inc., Sony Corporation, Logitech International S.A., Koninklijke Philips N.V., Pioneer Corporation and Sennheiser Electronic GmbH & Co. KG.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, product upgrades, market expansion, and marketing tactics
- The global premium headphones market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global premium headphones market
Detailed Segmentation:
- Global Premium DAC Market, By Price Range:
- Global Premium Headphones Market, By Technology:
- Global Premium Headphones Market, By Price Range:
- Global Premium Headphones Market, By Demographics (Age):
- Global Premium Headphones Market, By Demographics (Customer Income):
- Global Premium Headphones Market, By Product Type:
- Global Premium Headphones Market, By Application:
- Global Premium Headphones Market, By Region:
- Company Profiles
- Up to 1000 USD
- 1000 USD to 2000 USD
- Above 2000 USD
- Wired
- Wireless
- Smart Headphones
- 300 to 499 USD
- 500 to 1000 USD
- Above 1000 USD
- Up to 30 Years
- 30 to 50 Years
- Above 50 Years
- Up to 30,000 USD
- 30,000 USD to 85,000 USD
- Above 85,000 USD
- In-Ear
- Over-Ear
- On-Ear
- Consumer
- Industrial
- Call-Center
- Aviation
- Others (Public Safety, Fitness Centre, etc.)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- By Technology:
- By Price Range:
- By Demographics (Age):
- By Demographics (Customer Income):
- By Product Type:
- By Application:
- By Country:
- Wired
- Wireless
- Smart Headphones
- 300 to 499 USD
- 500 to 1000 USD
- Above 1000 USD
- Up to 30 Years
- 30 to 50 Years
- Above 50 Years
- Up to 30,000 USD
- 30,000 USD to 85,000 USD
- Above 85,000 USD
- In-Ear
- Over-Ear
- On-Ear
- Consumer
- Industrial
- Call-Center
- Aviation
- Others (Public Safety, Fitness Centre, etc.)
- U.S.
- Canada
- By Technology:
- By Price Range:
- By Demographics (Age):
- By Demographics (Customer Income):
- By Product Type:
- By Application:
- By Country:
- Wired
- Wireless
- Smart Headphones
- 300 to 499 USD
- 500 to 1000 USD
- Above 1000 USD
- Up to 30 Years
- 30 to 50 Years
- Above 50 Years
- Up to 30,000 USD
- 30,000 USD to 85,000 USD
- Above 85,000 USD
- In-Ear
- Over-Ear
- On-Ear
- Consumer
- Industrial
- Call-Center
- Aviation
- Others (Public Safety, Fitness Centre, etc.)
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- By Technology:
- By Price Range:
- By Demographics (Age):
- By Demographics (Customer Income):
- By Product Type:
- By Application:
- By Country:
- Wired
- Wireless
- Smart Headphones
- 300 to 499 USD
- 500 to 1000 USD
- Above 1000 USD
- Up to 30 Years
- 30 to 50 Years
- Above 50 Years
- Up to 30,000 USD
- 30,000 USD to 85,000 USD
- Above 85,000 USD
- In-Ear
- Over-Ear
- On-Ear
- Consumer
- Industrial
- Call-Center
- Aviation
- Others (Public Safety, Fitness Centre, etc.)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- By Technology:
- By Price Range:
- By Demographics (Age):
- By Demographics (Customer Income):
- By Product Type:
- By Application:
- By Country:
- Wired
- Wireless
- Smart Headphones
- 300 to 499 USD
- 500 to 1000 USD
- Above 1000 USD
- Up to 30 Years
- 30 to 50 Years
- Above 50 Years
- Up to 30,000 USD
- 30,000 USD to 85,000 USD
- Above 85,000 USD
- In-Ear
- Over-Ear
- On-Ear
- Consumer
- Industrial
- Call-Center
- Aviation
- Others (Public Safety, Fitness Centre, etc.)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Technology:
- By Price Range:
- By Demographics(Age):
- By Demographics (Customer Income):
- By Product Type:
- By Application:
- By Country/Region:
- Wired
- Wireless
- Smart Headphones
- 300 to 499 USD
- 500 to 1000 USD
- Above 1000 USD
- Up to 30 Years
- 30 to 50 Years
- Above 50 Years
- Up to 30,000 USD
- 30,000 USD to 85,000 USD
- Above 85,000 USD
- In-Ear
- Over-Ear
- On-Ear
- Consumer
- Industrial
- Call-Center
- Aviation
- Others (Public Safety, Fitness Centre, etc.)
- GCC Countries
- Rest of Middle East
- By Technology:
- By Price Range:
- By Demographics (Age):
- By Demographics (Customer Income):
- By Product Type:
- By Application:
- By Country/Region:
- Wired
- Wireless
- Smart Headphones
- 300 to 499 USD
- 500 to 1000 USD
- Above 1000 USD
- Up to 30 Years
- 30 to 50 Years
- Above 50 Years
- Up to 30,000 USD
- 30,000 USD to 85,000 USD
- Above 85,000 USD
- In-Ear
- Over-Ear
- On-Ear
- Consumer
- Industrial
- Call-Center
- Aviation
- Others (Public Safety, Fitness Centre Etc.)
- South Africa
- Rest of Africa
- Bose Corporation *
- Beats Electronics
- 3M
- Alclair Audio
- Audio-Technica Ltd.
- Bang & Olufsen
- Panasonic Corporation
- Bowers & Wilkins Group Ltd.
- David Clark Inc.
- GN Group
- Harman International, Inc.
- Sony Corporation
- Logitech International S.A.
- Koninklijke Philips N.V.
- Pioneer Corporation
- Sennheiser Electronic GmbH & Co. KG
- Others
- Company Overview
- Product Portfolio and Specifications
- Financial Overview
- Recent Developments/ Updates
- Strategic Overview
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