Headphone Market to grow at a CAGR of roughly 3.7% by 2024

Edison, NJ -- (SBWire) -- 04/15/2019 --HTF MI recently introduced Global Headphone Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Apple (Beats), Plantronics, Sennheiser, Sony, GN Netcom, Samsung (Harman), Bose, JVC, Philips

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Apple (Beats) is the world leading player in global Headphone market with the market share of 15.31%, in terms of revenue, and followed by Plantronics, Sennheiser, Sony, GN Netcom, Samsung (Harman), Bose, JVC, Philips, Logitech (Jaybird), Skullcandy, Audio-Technica, Motorola, Monster and LG.

There are major three types of Headphone in the market, Over-ear, On-ear and In-ear Headphone, among them, In-ear took a bigger share of 55.70% with the volume of 184299 K Units in 2017. On the meantime, the segment of bluetooth headset is increasing rapidly.

There are companies aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, especially the supply chain optimization, to reduce costs and improve quality.

The worldwide market for Headphone is expected to grow at a CAGR of roughly 3.7% over the next five years, will reach 11400 million US$ in 2024, from 9220 million US$ in 2019, according to a new GIR (Global Info Research) study.

This report focuses on the Headphone in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Headphones (or head-phones in the early days of telephony and radio) are a pair of small listening devices that are designed to be worn on or around the head over a user's ears. They are electroacoustic transducers, which convert an electrical signal to a corresponding sound in the user's ear.

This report studies the Global Headphone market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global Headphone market by companies, region, type and end-use industry.

Browse 100+ market data Tables and Figures spread through Pages and in-depth TOC on " Headphone Market by Type (, Over-ear, On-ear & In-ear), by End-Users/Application (Sports Headphones, Gaming Headphones, Business Headphones, Professional Headphones & Ordinary Headphones), Organization Size, Industry, and Region - Forecast to 2023". Early buyers will receive 10% customization on comprehensive study.

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

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Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Apple (Beats), Plantronics, Sennheiser, Sony, GN Netcom, Samsung (Harman), Bose, JVC, Philips includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

Market Segments:
The Global Headphone Market has been divided into type, application, and region.
On The Basis Of Type: , Over-ear, On-ear & In-ear.
On The Basis Of Application: Sports Headphones, Gaming Headphones, Business Headphones, Professional Headphones & Ordinary Headphones
On The Basis Of Region, this report is segmented into following key geographies, with production, consumption, revenue (million USD), and market share, growth rate of Headphone in these regions, from 2013 to 2023 (forecast), covering
- North America (U.S. & Canada) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
- Latin America (Brazil, Mexico & Rest of Latin America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
- Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
- Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
- Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
- Rest of World {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}

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Have a look at some extracts from Table of Content

Introduction about Global Headphone

Global Headphone Market Size (Sales) Market Share by Type (Product Category) in 2017
Headphone Market by Application/End Users
Global Headphone Sales (Volume) and Market Share Comparison by Applications
(2013-2023) table defined for each application/end-users like [Sports Headphones, Gaming Headphones, Business Headphones, Professional Headphones & Ordinary Headphones]
Global Headphone Sales and Growth Rate (2013-2023)
Headphone Competition by Players/Suppliers, Region, Type and Application
Headphone (Volume, Value and Sales Price) table defined for each geographic region defined.
Global Headphone Players/Suppliers Profiles and Sales Data

Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers

Market Sales, Revenue, Price and Gross Margin (2013-2018) table for each product type which include , Over-ear, On-ear & In-ear
Headphone Manufacturing Cost Analysis
Headphone Key Raw Materials Analysis
Headphone Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
Market Forecast (2018-2023)
........and more in complete table of Contents

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.