Reports
Global Earphones and Headphones Market Growth, Share, Size, Trends, Research: By Product: Earphones, Headphones; By Price: Less than 50 USD, Between 50 to 100 USD, Above 100 USD; By Technology: Wired, Wireless; By Application; Regional Analysis; Market Dynamics; Competitive Landscape; Industry Events and Developments; 2023-2028
Global Earphones and Headphones Market Outlook
The global earphones and headphones market stood at a value of around USD 36.9 billion in 2021. The market is further expected to grow at a CAGR of 20.50% in the forecast period of 2023-2028 to attain a value of USD 112.9 billion by 2027.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Heightened Demand for Earphones to Bolster the Market Growth of the Global Earphones and Headphones Industry
Based on product, the earphones segment is predicted to hold a healthy market share in the earphones and headphones industry. This growth can be attributed to the increased demand for lightweight and cost-effective earphones. These are especially popular among consumers engaging in physical activities like jogging. Moreover, the increased demand for wireless earphones owing to their ease of use and enhanced connectivity is also predicted to aid the market growth. These factors are expected to contribute to the overall industry growth in the forecast period.
The Asia Pacific to Offer Lucrative Growth Opportunities to the Global Earphones and Headphones Industry
The Asia Pacific is estimated to occupy a considerable share of the earphones and headphones industry in the forecast period. This growth can be attributed to the increased demand for earphones and headphones among consumers, especially the millennial and gen Z population, for the purpose of entertainment. In addition, the rising disposable incomes and the improved living standards are also expected to contribute to the market growth. Moreover, the growing availability of cost-effective headphones and earphones with advanced technologies, such as wireless connectivity and enhanced sound quality, is projected to aid the market growth in the forecast period.
Earphones and Headphones: Market Segmentation
Earphones and headphones are audio devices used by consumers for individual usage. Headphones are loudspeakers worn around the head with both the speakers being placed on the user’s ear. On the other hand, earphones are worn inside the user’s ear canal. These can be utilised for listening to music, watching movies or while playing games and can be connected to a range of compatible devices such as smartphones, PCs, and others. Additionally, both headphones and earphones also come with microphones, which allow people to take calls while using them.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
By product, the market is bifurcated into:
- Earphones
- Headphones
On the basis of price, the market can be divided into:
- Less than 50 USD
- Between 50 to 100 USD
- Above 100 USD
Based on technology, the industry can be segmented into:
- Wired
- Wireless
Among these, the wired segment can be distributed by type into ANC and others. Meanwhile, the wireless segment can be segregated by type into ANC, bluetooth, NFMI, smart headphones, and others.
On the basis of application, the market can be distributed into:
- Fitness/Sports
- Virtual Reality
- Gaming
- Music and Entertainment
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Rapid Digitalisation to Drive the Global Earphones and Headphones Industry
The heightened demand for digital devices worldwide with the rapid adoption of smartphones and the growing penetration of internet connectivity is projected to propel the market growth in the forecast period. This can be attributed to the growing technological dependence of consumers on smart devices. In addition, the rising disposable incomes and improved living standards are also projected to contribute significantly towards the market growth. Moreover, the rapid technological advancements, such as the development of active noise cancellation feature to provide improved sound quality with fluid connectivity, are also predicted to positively stimulate the market growth. Also, the range of completely wireless earbuds such as Apple’s Airpods is witnessing a growing demand in the market. Additionally, the growing investments by the leading market players in the research and development of innovative earphone and headphone designs are also expected to aid the industry growth. These factors are estimated to positively impact the market growth in the forecast period.
Key Industry Players in the Global Earphones and Headphones Market
The report gives a detailed analysis of the following key players in the global earphones and headphones market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Apple Inc.
- Bose Corporation
- Logitech Inc.
- Panasonic Corporation
- Sennheiser Electronic GmbH and Co. KG
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Price, Technology, Application, Region |
| Breakup by Product | Earphones, Headphones |
| Breakup by Price | Less than 50 USD, Between 50 to 100 USD, Above 100 USD |
| Breakup by Technology | Wired, Wireless |
| Breakup by Application | Fitness/Sports, Virtual Reality, Gaming, Music & Entertainment |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Apple Inc., Bose Corporation, Logitech Inc., Panasonic Corporation, Sennheiser Electronic GmbH and Co. KG, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Earphones and Headphones Market Analysis
8.1 Key Industry Highlights
8.2 Global Earphones and Headphones Historical Market (2018-2022)
8.3 Global Earphones and Headphones Market Forecast (2023-2028)
8.4 Global Earphones and Headphones Market by Product
8.4.1 Earphones
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Headphones
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Earphones and Headphones Market by Price
8.5.1 Less than 50 USD
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Between 50 to 100 USD
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Above 100 USD
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.6 Global Earphones and Headphones Market by Technology
8.6.1 Wired
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.1.3 Breakup by Type
8.6.1.3.1 ANC
8.6.1.3.1.1 Historical Trend (2018-2022)
8.6.1.3.1.2 Forecast Trend (2023-2028)
8.6.1.3.2 Others
8.6.2 Wireless
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.2.3 Breakup by Type
8.6.2.3.1 ANC
8.6.2.3.1.1 Historical Trend (2018-2022)
8.6.2.3.1.2 Forecast Trend (2023-2028)
8.6.2.4.2 Bluetooth
8.6.2.3.2.1 Historical Trend (2018-2022)
8.6.2.3.2.2 Forecast Trend (2023-2028)
8.6.2.4.3 NFMI
8.6.2.3.3.1 Historical Trend (2018-2022)
8.6.2.3.3.2 Forecast Trend (2023-2028)
8.6.2.4.4 Smart Headphones
8.6.2.3.4.1 Historical Trend (2018-2022)
8.6.2.3.4.2 Forecast Trend (2023-2028)
8.6.2.3.5 Others
8.7 Global Earphones and Headphones Market by Application
8.7.1 Fitness/Sports
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Virtual Reality
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Gaming
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Music and Entertainment
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.8 Global Earphones and Headphones Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2022)
8.9.1.2 Forecast Trend (2023-2028)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2022)
8.9.2.2 Forecast Trend (2023-2028)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2022)
8.9.3.2 Forecast Trend (2023-2028)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2022)
8.9.4.2 Forecast Trend (2023-2028)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2022)
8.9.5.2 Forecast Trend (2023-2028)
9 North America Earphones and Headphones Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Earphones and Headphones Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Earphones and Headphones Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.2 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Earphones and Headphones Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Earphones and Headphones Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Apple Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Bose Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Logitech Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Panasonic Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Sennheiser Electronic GmbH and Co. KG
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Earphones and Headphones Market: Key Industry Highlights, 2018 and 2028
2. Global Earphones and Headphones Historical Market: Breakup by Product (USD Billion), 2018-2022
3. Global Earphones and Headphones Market Forecast: Breakup by Product (USD Billion), 2023-2028
4. Global Earphones and Headphones Historical Market: Breakup by Price (USD Billion), 2018-2022
5. Global Earphones and Headphones Market Forecast: Breakup by Price (USD Billion), 2023-2028
6. Global Earphones and Headphones Historical Market: Breakup by Technology (USD Billion), 2018-2022
7. Global Earphones and Headphones Market Forecast: Breakup by Technology (USD Billion), 2023-2028
8. Global Earphones and Headphones Historical Market: Breakup by Application (USD Billion), 2018-2022
9. Global Earphones and Headphones Market Forecast: Breakup by Application (USD Billion), 2023-2028
10. Global Earphones and Headphones Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global Earphones and Headphones Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America Earphones and Headphones Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America Earphones and Headphones Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe Earphones and Headphones Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe Earphones and Headphones Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific Earphones and Headphones Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific Earphones and Headphones Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Latin America Earphones and Headphones Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America Earphones and Headphones Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Middle East and Africa Earphones and Headphones Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Middle East and Africa Earphones and Headphones Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Global Earphones and Headphones Market Structure
Key Questions Answered in the Report
In 2021, the global earphones and headphones market attained a value of nearly USD 36.9 billion.
The market is projected to grow at a CAGR of 20.50% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of USD 112.9 billion by 2027.
The major drivers of the industry, such as the increased demand for enhanced sound quality, growing demand for headphones and earphones among fitness enthusiasts and the youth, rising disposable incomes, rapid technological advancements, and heightened focus on ease of use with enhanced connectivity features, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the increasing digitalisation and rising investments in product development by the key market players.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant products considered within the market report include earphones and headphones.
The different prices include less than 50 USD, between 50 to 100 USD, and above 100 USD.
The major technologies include wired and wireless.
The significant applications include fitness/sports, virtual reality, gaming, and music and entertainment.
The major players in the industry are Apple Inc., Bose Corporation, Logitech Inc., Panasonic Corporation, Sennheiser Electronic GmbH and Co. KG, and others.
Analyst Review
The global earphones and headphones market attained a value of USD 36.9 billion in 2021, driven by increased demand among the millennial and gen Z population worldwide. Aided by the rapid digitalisation, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 20.50%. The market is projected to reach USD 112.9 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of product, the market can be distributed into earphones and headphones. By price, the industry can be segmented into less than 50 USD, between 50 to 100 USD, and above 100 USD. On the basis of technology, the market can be categorised into wired and wireless. Based on application, the industry can be segregated into fitness/sports, virtual reality, gaming, and music and entertainment. The major regional markets for earphones and headphones are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Apple Inc., Bose Corporation, Logitech Inc., Panasonic Corporation, Sennheiser Electronic GmbH and Co. KG, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1699
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2799-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$3999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER