United States Earphones and Headphones Market Size, Share, and COVID-19 Impact Analysis, By Technology (Wired, Wireless, Truly Wireless), By Product Type (In-ear, On-ear, Over-ear), By Distribution Channel (Hypermarket & Supermarket, Multi-branded Stores, Exclusive Stores, Online, Others), By End-User (Entertainment, Fitness & Gym, Gaming, Others) and US Earphones and Headphones Market Insights Forecasts to 2032
Industry: Consumer GoodsUnited States Earphones and Headphones Market Insights Forecasts to 2032
- The United States Earphones and Headphones Market Size was valued at USD 7.25 Billion in 2022.
- The Market Size is growing at a CAGR of 12.5% from 2022 to 2032.
- The United States Earphones and Headphones Market Size is expected to reach USD 23.6 Billion by 2032.
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The United States Earphones and Headphones Market Size is expected to reach USD 23.6 Billion by 2032, at a CAGR of 12.5% during the forecast period 2022 to 2032.
Market Overview
A headphone is a pair of earpieces connected by a band that is worn over the head to listen to audio signals such as speech and music. The advantages of using headphones include better isolation from the outside world, the ability to focus, the prevention of hearing damage, and others. As a result, these advantages serve as motivators for US earphone and headphone market growth during forecast period. Furthermore, the growth of the gaming industry is a major factor driving the headphone and earphone market. Listening and talking to other players is required in most online gaming to be able to play the game, which drives more gamer to own a headphone, resulting in increased product consumption. Furthermore, the growing number of smartphone users is a driving factor for market growth because it has the ability to be connected with the device to listen to music or speech with focus.
Report Coverage
This research report categorizes the market for the United States earphones and headphones market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States Earphones and Headphones market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United States Earphones and Headphones market.
United States Earphones and Headphones Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 7.25 Billion |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 12.5% |
2032 Value Projection: | USD 23.6 Billion |
Historical Data for: | 2019-2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Technology, By Product Type, By Distribution Channel, By End-User |
Companies covered:: | Jabra Limited, Sennheiser, Shure, Sony, Bowers and Wilkins, RHA, FiiO, Bose, and Other Key Players. |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
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Driving Factors
Mobile device adoption, particularly of tablets and smartphones, has risen significantly in United States. This trend is being driven by rising internet penetration and the popularity of online music mobile streaming in the nation. Furthermore, the rising trend of e-banking, mobile shopping, and Bring Your Own Device (BOYD) is increasing the adoption of smartphones and tablets, thereby driving US earphone and headphone market growth over the forecast period. Entertainment factor is also playing an important role in driving the U.S. earphone and headphone market during forecast period. Environmental Noise Cancellation (ENx) technology attracting consumers and driving US earphone market growth during forecast period.
Restraining Factors
Product pirates and forging pose a significant threat to market growth. The materials used in the production of these earphones and headphones are of low quality and durability. As a result, the presence of counterfeit products is expected to restrain the U.S. earphone and headphone market's growth during the forecast period.
Market Segment
- In 2022, the truly wireless segment is expected to hold the largest share of the United States earphones and headphones market during the forecast period.
Based on the technology, the United States earphones and headphones market is classified into wired, wireless, and truly wireless. Among these, the truly wireless segment is expected to hold the largest share of the United States earphones and headphones market during the forecast period. Truly wireless earphones have seen tremendous growth, accounting for more than one-third of the earphones market in the United States. Wireless devices are being sold due to their ease of use, high-quality sound, enhanced looks, and integration with home entertainment systems. The truly wireless earbuds are fastest growing segment. True wireless headphones will provide real-time language translation solutions in the coming years.
- In 2022, the in-ear segment accounted for the largest revenue share over the forecast period.
Based on the product type, the United States earphones and headphones market is segmented into in-ear, on-ear, and over-ear. Among these, the in-ear segment has the largest revenue share over the forecast period, due to rising demand and features-rich truly wireless headphones. In-ear headphones is comfortable to user. In-ear headphone is compact in size, so it can be used anywhere and user can carry it easily. User friendly compact design and low cost will drive the US earphone and headphone market growth.
- In 2022, the online segment accounted for the largest revenue share over the forecast period.
Based on the distribution channel, the United States earphones and headphones market is segmented into hypermarket & supermarket, multi-branded stores, exclusive stores, online, and others. Among these, the online segment has the largest revenue share over the forecast period. There is growing internet penetration as well as rising smartphone user’s base and online shopping trend help to grow US earphone and headphone market during forecast period. Amazon is one of the leading e-commerce companies which provide all products at one place, therefore online shopping segment grow during the forecast period.
- In 2022, the fitness and gym segment accounted for the largest revenue share over the forecast period.
Based on the end-user, the United States earphones and headphones market is segmented into entertainment, fitness & gym, gaming, and others. Among these, the fitness and gym segment have the largest revenue share over the forecast period. A large number of consumers are using sports headphones during fitness and gaming activities. Vendors are focusing on introducing high-quality devices that are compatible with advanced Bluetooth devices. These devices are high in demand among music enthusiasts. The manufacturers are also collaborating with several music artists to launch special edition headphones. The sports and fitness segment are attracting vendor’s towards manufacture new-age wearables such as smartwatches and pendants, mobile applications, and rings, which are continuously used to monitor and track the user’s vital biometrics.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United States Earphones and Headphones market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Jabra Limited
- Sennheiser
- Shure
- Sony
- Bowers and Wilkins
- RHA
- FiiO
- Bose
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In February 2022, Jabra, a Danish audio equipment supplier, introduced the Jabra Enhance wireless earbuds. The new earbuds are a first-of-their-kind innovation that uses advanced hearing technology to provide a better hearing experience for people with hearing loss.
- In November 2021, Mimi Hearing Technologies collaborated with Skullcandy and Clear Audio to provide a customizable audio experience for US customers.
- In November 2021, Shure, a global audio electronics company, launched its Aonic Free True Wireless Isolating Earphones with Crimson Chrome edition and also offers consumers high-quality Shure audio.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2021 to 2032. Spherical Insights has segmented the United States earphones and headphones market based on the below-mentioned segments:
United States Earphones and Headphones Market, By Technology
- Wired
- Wireless
- Truly wireless
- Others
United States Earphones and Headphones Market, By Product Type
- In-ear
- On-ear
- Over-ear
- Others
United States Earphones and Headphones Market, By Distribution channel
- Hypermarket and Supermarkets
- Multi-branded Stores
- Exclusive Stores
- Online
- Others
United States Earphones and Headphones Market, By End-User
- Entertainment
- Fitness and Gym
- Gaming
- Others
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