Global Headphone Market Major Players, Global Mobile Phone Accessories Market - Ken Research

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Future Prospects of the Global Headphones
Industry Ken Research
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Ken Research has announced its latest publication
on growth estimates of Headphone industry, in the
global market named as, Global Headphones
Industry Situation and Prospects Research report
2017". The report presents an in depth analysis
concerning the key trends and growth prospects of
the headphone industry in the global arena
complemented with the integrity of logic and the
comprehensiveness of contents that is further
guaranteed to enrich the report reader who is
either a industry insider or investor, with the
professional and extensive data analysis. The
report is intended to provide cutting-edge market
intelligence and help decision--makers take sound
investment evaluations.
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In addition, the report also provides the basic
overview of the industry inclusive of its
definition, applications, classifications,
industry chain structure, international
developmental history, competitive landscape
analysis, the major regions development status
and policies/plans, manufacturing process and
cost structures, import/export, supply and
consumption figures, cost price, revenue and
gross margin by regions, global company profiles,
product picture and specification, capacity,
production, contact information, upstream raw
materials, equipment and downstream consumer
analysis. Moreover, vivid research conclusions
are offered as well with the conceivable image of
the new investment projects being
assessed. Trending endorsements of portable
devices such as smartphones, mobiles, laptops,
and tablets have prominently driven the
headphones market size over the past few years.
This current hype persisting in the headphone
industry is not a fad but the future of the
industry.
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The rising adoption can be allocated to the fact
that several people are tethered to their smart
devices, such as music players, mobiles, and
tablets, for a significant portion of their day,
primarily, for listening music, watching videos,
or playing games. From being predominantly a home
audio accessory, the Global headphones market has
evolved to a premium portable AV device. Products
integrated with microphones have witnessed
increased adoption. Additionally, the rising
trend of providing a holistic experience may
contribute positively to the revenue market. The
crucial factors attributing increased product
sales are the technological advances in the
headphone industry amongst which the most
prolific advancement, particularly in the
consumer segment, is the noise cancellation
wireless connectivity. Additionally,
incorporation of fitness features and intense
competition has resulted in growing efforts
towards product differentiation. This market is
poised to exceed in billions by 2023.
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These advances have emerged as key trends over
the past five years with manufacturers
emphasizing on developing products that provide
quality audio and save a user, from the possible
hassles. Manufacturers also invest heavily in RD
and allocate their efforts on developing
innovative products that offer maximum product
differentiation. Another trend witnessed over the
past few years is of Mergers and acquisitions.
For example, Apple acquired Beats Electronics and
Beats Music in May 2014 to establish itself
firmly in the industry. The global headphones
industry is a highly competitive sphere with
majority of the industry participants focusing on
new product development and technological
innovation. Incumbent players also focus on
strengthening distribution channels in order to
compete with emerging participants. The overall
revenue share was exceeded by Asia Pacific, in
2015. Additionally, the increasing consumer
disposable incomes in developing countries, such
as India, China, and Brazil, are expected to
significantly propel the market demand.
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North America can be considered as the next
significant region of importance closely followed
by Europe. The global headphones market is
segmented based on the product type into wired
and wireless headphones on the basis of price
into premium, mid and low price segments on the
basis of distribution channel multi-brand store,
single/mono brand store and online store and on
the basis of application into media and
entertainment, sports, gaming, personal and
corporate segments. Envisaged from research, the
world economy enlarged by just 2.2 per cent in
the year 2016, and is anticipated to further
extend by only 2.7 per cent in 2017 and reach
till 2.9 per cent in 2018, it can be contemplated
as a state of stagnant growth. The market is
growing and recovering on a very sedating pace,
indicating the state of economic stabilization
for the present as well as the future rather than
a robust revival of global demand.
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Moreover, the correspondence between the demand,
investment, trade and productivity coupled with
the weak global growth may prove to be self
perpetuating for the Headphone industry in
collaboration with the efforts to revive
investment and productivity through policy
initiatives. Reasons for Growth and Forecast The
precipitating factors underlying the growth of
the industry include the increasing disposable
income of the consumers, technological
advancements and diversification of product
portfolio by major players, expanding urban
population, increasing consumer demand for
increased fidelity and style, the growing
popularity and adoption of smartphones, tablets,
laptops, portable music players, and other mobile
devices, availability of a strong distribution
network and rising number of streaming services.
The headphone market value and volume is
anticipated to expand during the forecast period
at a single-digit CAGR value.
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• The emergence of other technological advancements
  such as active noise cancellation techniques,
  which aid in minimization of any distortion
  caused while listening, is expected to fuel the
  market growth in the next few years while
  improving the listening experience of the
  consumers.
• The Global Headphone industry has been profiled
  with several key companies such as AKG,
  Audio-Technica, Beats By Dr. Dre, Beyerdynamic,
  Denon, Koss, Pioneer, Sennheiser, Shure, Sony,
  Ultrasone, and Yamaha. These market players have
  been working on the future competition by
  developing more extensive and innovative products
  to meet the changing demands of the consumers.
• Key Topics Covered in the Report
• Global Headphones Industry Research Report
• Global Headphones Market Analysis
• Headphones Market Future Outlook Worldwide
• North America Headphones Industry

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• Europe Headphones Industry Analysis
• Asia Headphones Industry
• Global Headphone Market Future Outlook
• Global Headphone Market Major Players
• Global Mobile Phone Accessories Market
• For more coverage click on the link below
• https//www.kenresearch.com/consumer-products-and-
  retail/consumer-electronics/headphones-prospects/8
  6881-95.html
• Related Reports
• https//www.kenresearch.com/consumer-products-and-
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  anufacturers-2017/95408-95.html
• https//www.kenresearch.com/consumer-products-and-
  retail/consumer-electronics/studio-headphones-pros
  pects/86827-95.html

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Contact Ken Research Ankur Gupta, Head
Marketing Communications query_at_kenresearch.com
91-124-4230204