United States Earphones and Headphones Market Outlook and Forecasts 2019-2024 – The Emergence of True Wireless Headphones in a Connected Environment – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Earphones
and Headphones Market in US – Industry Outlook and Forecast 2019-2024”
report has been added to ResearchAndMarkets.com’s
offering.


The US earphones and headphones market is expected to reach more than $9
billion by 2024, growing at a CAGR more than 12% during the forecast
period.


Vendors are adopting new technologies to develop next-gen headphones,
thereby driving the US earphones and headphones market. Exponential
growth has been witnessed in the use of smart and wearable devices,
which is expected to drive the demand for earphones and headphones. A
significant trend observed worldwide is the introduction of true
wireless earphones, which was introduced by Bragi in 2015. With a keen
eye on the changing market landscape, vendors such as JBL, Apple, and
Harman, a Samsung subsidiary, launched wireless earbuds, which
incorporate several smart features in their earphones.


US Earphones and Headphones Market: Dynamics


The US durable consumer industry market is witnessing the growing
penetration of IoT. Several brands are exploring means to use IoT to
streamline manufacturing and SPM processes to deliver more personalized
customer experience. Globally, vendors are increasing spending on IoT to
provide proactive customer services.


The emergence of innovative technology in the US earphones and
headphones market is having a profound impact on the product design,
development, manufacturing, marketing, sales, aftersales. One of the
most critical aspects of incorporating IoT into true wireless headphones
is enhanced product usage mapping, which can provide insights about
prospects and potential of products and services to the consumers.


Key Vendor Analysis


With the regular technological advancements, the US earphones and
headphones market is likely to witness the implementation of IoT in
headphones, the availability of real-time language translation features,
and the integration of smartphones with hearing aids. Currently, earbuds
are not used only as a consumer good, but they are also becoming fashion
accessories. The prominent vendors in US earphones and headphones market
are actively involved in strategic acquisitions and mergers, which are
expected to make profitable results during the forecast period.


Market Dynamics


Market Growth Enablers


Increasing Ownership of More Than One Headphone Pair


Rising Demand for Use in Fitness and Entertainment Activities


Limited Edition Models and Collaborations with Industry Partners


Emergence of True Wireless Headphones in Connected Environment


High Number of Smartphone Users and Tech-savvy Consumers


Market Growth Restraints


Growing Threat from Counterfeit Products


Health Concerns Due to Prolonged Use of Headphones


Increasing Production and Raw Material Cost


Market Opportunities & Trends


Real-time Language Translation


Maximizing Audio Quality and Features


Rapid Growth in IoT Investment by Players


Integration of New Technologies to Become Industry Standard


Major Vendors in US Earphones and Headphones Market:


Apple


Bose


Samsung


Sony


Sennheiser


Skullcandy


LG Electronics


Prominent Players in the US Earphones and Headphones Market are:


Ailihen


Alphabet


Amkette


Arbily Tech


Asus


Audio-Technica


Avanca


Bang and Olufsen


Beyerdynamic


Bragi


Crazybaby


Creative Technology


Denon


Dibidog


Earin


Goang-Fann Co Ltd


Grado Labs


House of Marley


Huawei


Jabra


Jaybird


Jays


JVCKenwood


Kensington


Koss


Letscom


Logitech


Meizu


Monster


Motorola


Mpow


Mymanu


Nuheara


Panasonic


Parrot


Philips


Pioneer


Rowkin


Sentry Industries


Shure


SOL Republic


Toshiba


Turtle Beach


Urbanears


Waverly Labs


Westone Laboratories


Xiaomi


Key Topics Covered:


1 Research Methodology


2 Research Objectives


3 Research Process


4 Scope & Coverage


5 Report Assumptions & Caveats


6 Market at a Glance


7 Introduction


8 Market Dynamics


9 Global Headphones Market


10 Headphones Market In North America


11 Headphones Market In The US


12 By Technology


13 Wired Headphones


14 Wireless Headphones


15 True Wireless Headphones


16 By End-Use


17 By Features


18 By Headphones Type


19 In-Ear Headphones


20 On-Ear Headphones


21 Over-Ear Headphones


22 By Distribution Channel


23 Competitive Landscape


24 Key Company Profiles


25 Other Prominent Vendors


26 Report Summary


27 Appendix


For more information about this report visit https://www.researchandmarkets.com/r/7wk9r6


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Topics: Audio
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