Earphones and Headphones Market to grow at 4% CAGR from 2017 to 2024 - PowerPoint PPT Presentation

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Earphones and Headphones Market to grow at 4% CAGR from 2017 to 2024


Request Sample of Report @ The earphones and headphones market has experienced several technological advancements such as improvisation in sound quality, high performance and attractive designs. Growing demand for smartphones, MP3 players, iPods as well as online music sites are contributing to the industry growth. High quality earphones and headphones provide an enhanced experience coupled with high quality sound for music enthusiasts. – PowerPoint PPT presentation

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Title: Earphones and Headphones Market to grow at 4% CAGR from 2017 to 2024

Earphone and Headphone Market Present
Efficiencies and Future Challenges from 2017 to
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from Earphones and Headphones
  • Earphones and Headphones Market size is set to
    exceed USD 25 billion by 2024 global shipments
    will grow at nearly 4 CAGR estimation, according
    to a new research report by Global Market
    Insights, Inc. Advancements in wireless
    technologies such as Wi-Fi, Bluetooth, and
    Infrared (IR) are expected to drive the overall
    earphones and headphones market growth. Wireless
    technology development can be majorly credited to
    the exclusion of headphone jacks from
    smartphones the technology has become more
    affordable and is replacing the need for physical
    cabling. Manufacturers are now providing wireless
    headsets with high audio quality, which is
    expected to drive the overall earphones and
    headphones market over the future.
  • The industry is anticipated to witness growth
    over the forecast timespan owing to the rising
    demand of several applications including
    industrial, aviation and public safety. Surge in
    the sales of smart mobile devices has fueled the
    demand for Bluetooth enabled earphones and
    headphones, which is anticipated to boost the
    industry demand across the globe. Developments in
    the design engineering to offer compact and
    light products along with declining earphone and
    headphone market price trend is propelling the
    industry growth.

  • A key challenge in the earphones and headphones
    market is the availability of counterfeit
    products. Since a few years, several product
    replicas have given rise to competition for core
    giants and creating a dent in their market share.
    The presence of low-cost knockoffs also poses a
    threat for the earphones and headphones market
  • Public safety applications in the earphones and
    headphones market have witnessed growing adoption
    across ambulances, aircraft rescues, fire boats
    and firefighting departments will, thereby
    driving the industry growth. The systems used in
    the public safety applications are completely
    weatherproofed and can be used on some of the
    most progressive rescues and fire boats.
  • In ambulances, the system allows hands-free
    communications for drivers and medics. It permits
    the medics to efficiently communicate over the
    dispatch radio by using footswitches while
    supporting the patients. The wired and wireless
    systems enable the crew to ensure continuous
    communications with mobile dispatchers.

China earphones market size, by application, 2016
2024 (USD Million)


Browse Full Market Research Report of Earphones
and Headphones Market _at_ http//goo.gl/Dq3c9a Re
quest for a Sample of this Research report _at_
  • Asia Pacific earphones and headphones market is
    anticipated to witness substantial growth owing
    to the growing usage of mobile devices and the
    expanding mobile device industry in densely
    populated countries such as China and India. The
    growing demand for the products in the region has
    been witnessed from the business outsourced
    processing industry mainly in Philippines and
    India, which are the largest offshoring centers
    globally. The growing consumer disposable incomes
    in the region are also anticipated to act as an
    impetus in generating demand.
  • Some of the earphones and headphones market
    participants are Apple, Inc., Bose Corporation,
    David Clark Inc., Harman International, Inc.,
    JVC, Koninklijke Philips N.V., Sennheiser
    Electronic, Skullcandy, Inc., Sony Corporation,
    Grado Labs, Audio Technica Corporation, etc. The
    earphones and headphones market is still growing
    steadily, and is characterized by fierce
    competition. The industry demands modernization,
    with players placing additional importance on
    unceasing developments in enhanced
    noise-cancelling functionalities, sound quality,
    wireless technologies, with major focus on
    feature oriented systems which are helping in
    rapid growth.

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