DUBLIN–(BUSINESS WIRE)–The “Earphones and Headphones – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Earphones and Headphones Market to Reach $84.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Earphones and Headphones estimated at US$24.4 Billion in the year 2020, is projected to reach a revised size of US$84.5 Billion by 2027, growing at a CAGR of 19.4% over the period 2020-2027.
Earphones, one of the segments analyzed in the report, is projected to record 20.4% CAGR and reach US$49 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Headphones segment is readjusted to a revised 18.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6.6 Billion, While China is Forecast to Grow at 24.8% CAGR
The Earphones and Headphones market in the U.S. is estimated at US$6.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$20.6 Billion by the year 2027 trailing a CAGR of 25% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14% and 17.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.3% CAGR.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights World Market Trajectories Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS (Total 36 Featured):
Alclair Audio, Inc. Apple, Inc. Bose Corporation Grado Labs Harman International Industries, Incorporated JVC Kenwood Corporation Koninklijke Philips N.V. Logitech International S.A. Panasonic Corporation Pioneer Corporation Plantronics, Inc. Sennheiser Electronic GmbH & Co. KG Shenzen Cannice Technology Co. Ltd. Shure Incorporated Skullcandy, Inc. Sony Corporation Ultimate Ears, LLC Zebronics India Pvt. Ltd. 3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
United States Canada Japan China Europe France Germany Italy United Kingdom Spain Russia Rest of Europe Asia-Pacific Australia India South Korea Rest of Asia-Pacific Latin America Argentina Brazil Mexico Rest of Latin America Middle East Iran Israel Saudi Arabia United Arab Emirates Rest of Middle East Africa IV. COMPETITION
Total Companies Profiled: 36 For more information about this report visit https://www.researchandmarkets.com/r/yc5pzq