Scope of the Study
Headphones are listening devices that are placed over, on, or in the ears of a user depending on the type at use. Headphones allow a user to listen to the preferred sound that the user wants to hear such as music, a tape recording, etc. Headphones contain only speakers, which allows a user to hear sound output and no recording is possible with headphones as they do not have microphones. Hi-Fi Headphones is a term used to describe high end headphones which focus mainly on sound quality and are aimed at a consumer music lover audience. Hi-Fi equipment is noiseless and distortion with a neutral frequency response within the human hearing range.
The market study is being classified by Type (Noise Cancelling, Wireless and Sports), by Application (Entertainment, Musical, DJ, Commercial and Others) and major geographies with country level break-up.
Sennheiser (Germany), AKG (Austria), Grado (United States), Beyerdynamic (Germany), Audio-technica Corporation (Japan), Beats (United States), Sony (Japan), Philips (Netherlands), Pioneer (Japan), Bowers & Wilkins (United Kingdom) and HIFIMAN Corporation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Ultrasone (Germany), KEF (United Kingdom), Onkyo USA (United States) and Fostex (Japan).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Research Analyst at AMA predicts that Japanese Players will contribute to the maximum growth of Global Hi-Fi Headphone market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Hi-Fi Headphone market by Type, Application and Region.
On the basis of geography, the market of Hi-Fi Headphone has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Position Type, the sub-segment i.e. In-Ear will boost the Hi-Fi Headphone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand for Consumer Electronics
- Increasing Demand for Smartphones as a Source of Entertainment
- Growing Demand for Infotainment Services Such as Streaming Music
- Increasing Use of Wireless Audio Devices
- Issues Related to Operating Frequency Compliance
- High Expenditure on R&D for Wireless Audio Technology
- Growth of the Market for Speakers & Sound Bars in the Emerging Regions
- High Cost of Hi-Fi Headphones
- Negative Health Effects on Children and Other User Groups
Market Leaders and their expansionary development strategies
On March 28, 2019- Pioneer Corporation and Jungo Connectivity has announced their joint efforts to introduce camera-based driver monitoring solution by Pioneer with dual camera connected drive recorder into Japanese market in April 2019. This solution was developed using CoDriver.
On January 1, 2019- Audio-Technica has introduced three premium audiophile headphones, the over-ear ATH-AP2000Ti, the new flagship in-ear ATH-CK2000Ti and the in-ear ATH-CM2000Ti model. All feature a host of Audio-Technica’s latest engineering and materials technologies to deliver extraordinary sonic accuracy and musical involvement.
Key Target AudienceManufacturers of Hi-Fi Headphones, Suppliers of Hi-Fi Headphones, Wholesalers, Distributors and Retailers of Hi-Fi Headphones, Research Organization and Governmental Bodies
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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