Audiophile Headphone Market is estimated to be US$ 466.56 Million by 2030 with a CAGR of 7.7% during the forecast period

 

Audiophile Headphone Market is estimated to be US$ 466.56 Million by 2030 with a CAGR of 7.7% during the forecast periodHigh-fidelity headphones are known as audiophile headphones. Consumer demand for stylish and high-fidelity headphones is driving technological developments in headphones. Headphones featuring advanced features like active noise cancellation (ANC) and near-field communication (NFC) have been introduced to give users a better listening experience and more connectivity options with their music devices. For example, active noise cancellation (ANC) technology in headphones reduces background noise, resulting in better sound quality. By just tapping the wireless headphones and the music device, near-field communication (NFC) allows the user to connect them.

The report "Global Audiophile Headphone Market, By Type (Wired Headphone and Wireless Headphones), By Applications (Below 18, 18-34, and Above 34), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029’’

Key Highlights:

·         With the arrival of the Harman Kardon Onyx Studio 7 in January 2021, HARMAN KARDON continues to expand its award-winning Onyx Series. For the most demanding audiophiles, the latest Bluetooth speaker boasts outstanding stereo performance sound and an elegant industrial style.

·         Bose launched the new Bose Athletic Open Earphones in January 2021, which are completely wireless sport earbuds that do not go into or cover the ears. Instead, they use Bose OpenAudio technology in conjunction with a unique design to keep the user engaged with music, connected to calls, and aware of their surroundings.

·         Sonos Roam, the ultra-portable smart speaker designed to deliver terrific sound at home and on any trip, was released in March 2021.

Analyst View:

The need for mobile accessories has expanded significantly as a result of the introduction of portable infotainment devices such as laptops, mobile phones, and tablets. For data transfer and music streaming, smartphones use wireless audio technologies such as Bluetooth and Wi-Fi. These wireless technologies, such as Bluetooth or Wi-Fi, allow smartphones to broadcast music to wireless speakers or headphones in a simple and convenient manner. As a result, the expansion of the wireless audio device market is fueled by the increasing adoption of smartphones. Apple, for example, utilises AirPlay, a wireless audio technology built into iPhones that allows users to broadcast multimedia material to other AirPlay-enabled and licenced devices. As a result, one of the primary drivers driving the worldwide expansion of the wireless audio device market is the thriving infotainment devices market. 

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Key Market Insights from the report:

The global audiophile headphone market report segments the market on the basis of type, application, and region.

·         Based on Type, Global Audiophile Headphone Market is segmented into Wired Headphone and Wireless Headphones.

·         Based on Application, Global Audiophile Headphone Market is segmented into Below 18, 18-34, and Above 34.  

·         By Region, the Global Audiophile Headphone Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Global Audiophile Headphone Market:

Key players in the global audiophile headphone market includes Beats Electronics, LLC, Harman International Industries, Inc., Bose Corp., Sennheiser Electronic GmbH & Company KG, Audio-Technica corp., Sony Corp., Beyerdynamic GmbH & Co. KG company, Grado Laboratories, Inc., Koninklijke Philips N.V. and Shure, Inc.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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