FMI study offers a 10-year forecast for the global earphone and headphone market between 2015 and 2025. In terms of value and volume, the market is expected to expand at a CAGR of 7.0% and 4.1%, respectively, during the projected period.
Albany, NY -- (SBWIRE) -- 07/14/2017 -- Portable music systems, such as tablets, smartphones, and handy music players, are witnessing rapid growth in demand, which will in turn drive the growth of the earphone and headphone market. The global earphones and headphones market is expected to experience substantial growth in the coming years. Considering this aspect, a new research report with a title "Earphone and Headphone Market: Global Industry Analysis and Opportunity Assessment, 2015 – 2025" has been recently added to the vast online repository of Market Research Reports Search Engine (MRRSE). This report on earphone and headphone market analyzes the current status as well as future prospects of the market across the globe.
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This report offers a 10-year forecast for the global earphone and headphone market between 2015 and 2025. The global earphone and headphone market is expected to rise at a CAGR of 7.0% in terms of value and at a CAGR of 4.1% in terms of volume during the Forecast Period of 2015 – 2025. The report also reveal the market dynamics and trends across the major regions, which effect the current nature and future status of earphone and headphone market during the forecast period. This report additionally includes evaluates of the key trends, drivers and opportunities from the supply, economic and demand perspective, which are impacting the earphone and headphone market globally.
In order to make the report organized and easy to understand, the global market is segmented on the basis of product type into wired and wireless earphone and headphone. Based on application, the market is divided into sports, media and entertainment, gaming, personal and corporate. All these segments and sub-segments are included in the report to make the analysis more comprehensive. Major regions evaluated in this report include Western Europe, North America, Asia Pacific Excluding Japan (APEJ), Japan as a separate region, Latin America, Eastern Europe, and the Middle East and Africa (MEA).
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In the final section of the report, the earphone and headphone market competitive landscape analysis is provided to give the report readers a dashboard view of the overall market. Detailed profiles of the companies are also included within the scope of the report to assess their long-term and short-term strategies, major product offerings and important recent developments in the earphone and headphone space. Key players profiled in the report are Bose Corporation, Plantronics Pty Ltd., Sennheiser Electronic GmbH & Co. KG, Sony Corporation, GN Netcom A/S (Jabra), Beats (Apple Inc.), Harman International Industries, Inc.(AKG), JVC Corporation, Philips Electronics Ltd. and Audio-Technica Corporation.
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