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Earphones & Headphones Market Share

Report ID: GMI482
Published Date: Sep 2024
Report Format: PDF

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Earphones & Headphones Market Share

The earphones & headphones industry is fragmented, with several regional companies operating on a global scale. In 2023, the Apple Inc., Samsung Electronics Co., Ltd., Panasonic Corporation, Sony Corporation led the market. To expand their customer base, broaden their product offerings, and establish a stronger foothold in the market, these corporations strategically deploy mergers, acquisitions, partnerships, and facility expansions. They also leverage their vast distribution networks and resources to investigate new markets.

Earphones & Headphones Market Companies

Major players operating in the earphones & headphones industry are:

Anker Innovations
Audio-Technica Corporation
Bang & Olufsen
Bose Corporation
Bowers & Wilkins
GN Group
Harman International
Logitech International S.A.
Panasonic Corporation
Plantronics, Inc.
Sennheiser Electronic GmbH & Co. KG
Shure Incorporated
Skullcandy, Inc.
Sony Corporation
Xiaomi Corporation

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of earphones & headphones reached USD 34.7 billion in 2023 and will demonstrate a 4.1% CAGR between 2024 and 2032, due to increasing consumer demand for high-quality audio experiences, the growing popularity of wireless and Bluetooth-enabled devices, and the rise in music and podcast streaming services.

The earphones segment will achieve 4.3% CAGR through 2032, driven by rising consumer preference for compact, lightweight, and wireless devices.

Asia Pacific market will record 4.5% CAGR through 2032, owing to the region's large population, increasing smartphone penetration, and growing demand for consumer electronics.

Key players operating in the industry are Anker Innovations, Audio-Technica Corporation, Bang & Olufsen, Bose Corporation, Bowers & Wilkins, GN Group, Harman International, Logitech International S.A., Panasonic Corporation, Plantronics, Inc., Sennheiser Electronic GmbH & Co. KG, Shure Incorporated, Skullcandy, Inc., Sony Corporation, Xiaomi Corporation, among others.