Earbuds Market 2019-2024
Earbuds or head-phones in the early days of telephony and radio are a pair of small loudspeaker drivers worn on or around the head over a user s ears. They are electroacoustic transducers, which convert an electrical signal to a corresponding sound. Headphones let a single user listen to an audio source privately, in contrast to a loudspeaker, which emits sound into the open air for anyone nearby to hear. Headphones are also known as earspeakers, earphones or, colloquially, cans. Circumaural and supra-aural headphones use a band over the top of the head to hold the speakers in place. The other type, known as earbuds or earpieces consist of individual units that plug into the user s ear canal. In the context of telecommunication, a headset is a combination of headphone and microphone.
eadphones connect to a signal source such as an audio amplifier, radio, CD player, portable media player, mobile phone, video game console, or electronic musical instrument, either directly using a cord, or using wireless technology such as Bluetooth, DECT or FM radio. The first headphones were developed in the late 19th century for use by telephone operators, to keep their hands free. Initially the audio quality was mediocre and a step forward was the invention of high fidelity headphones.
The Earbuds market has witnessed significant growth in the past few years since 2015 , and is expected to maintain this trend during the forecast period. Compared to 2017, Earbuds market is forecasted to increase sales by 78.59 percent to 5194.80 million USD worldwide in 2018 from 2908.72 million USD in 2017. It shows that the Earbuds market performance is positive, despite the weak economic environment.
The Earbuds market consists of a well-established group of brand name manufacturers and new entrants. Crowdfunding campaigns have showed that there is plenty of scope for innovation. The world leading players in the Earbuds market are Apple, Samsung, Sony, GN Jabra , Bragi, Doppler Labs, Skybuds and so on. These Top companies currently account for more than 80% of the total market share and are expected to retain their dominating hold over the market during the forecast period. As consumer interest increases, this market will attract other major companies which want to extend their brand equity.
According to this study, over the next five years the Earbuds market will register a 37.0% CAGR in terms of revenue, the global market size will reach US$ 25100 million by 2024, from US$ 5190 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Earbuds business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Earbuds market by product type, application, key manufacturers and key regions and countries.
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This study considers the Earbuds value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Sound Control Earbuds
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3.
BANG & OLUFSEN B&O
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Earbuds consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Earbuds market by identifying its various subsegments.
Focuses on the key global Earbuds manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Earbuds with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Earbuds submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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