Market Overview:
The global consumer electronics balanced-armature magnetic speakers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smartphones and other portable devices, and the growing trend of using wireless headphones. In terms of type, the dual balanced-armature magnetic speaker segment is expected to hold the largest share of the global market during the forecast period. This can be attributed to their superior sound quality as compared to single or other types of balanced-armature magnetic speakers. In terms of application, smartphones are expected to account for a major share of the global consumer electronics balanced-armature magnetic speakers market duringthe forecast period.
Product Definition:
Balanced-armature magnetic speakers are a type of speaker that uses balanced-armature drivers. These drivers are typically found in in-ear headphones and earbuds, as they offer good sound quality and a small form factor. They are also often used in hearing aids, as they can be placed directly into the ear canal for maximum sound quality.
Dual:
The dual-armature magnetic speakers market is expected to witness significant growth over the forecast period. The technology has been around for more than a decade and was initially used in sound systems for car racing and other applications where high power was not required. However, it has found its way into consumer electronics as well owing to benefits such as low weight, size & cost, better efficiency at high volume levels along with improved audio quality.
Single:
Single is a type of loudspeaker system which consists of one driver (generator) with no passive devices (such as a capacitor or an inductor) between the voice coil and the amplifier. The system has two advantages over conventional systems: it produces less noise and it can be used in applications where high power is not required, for example, small-sized home theatre systems.
Application Insights:
In 2017, smartphones led the market and accounted for more than 55.0% share of the global revenue. The growth of this segment can be attributed to increasing demand for smartphones in developing countries such as India, Indonesia, Malaysia, Philippines and Thailand owing to rising income levels coupled with improved purchasing power. Furthermore, technological advancements in smartphone speakers has also aided in balancing-armature magnetic speakers sales significantly over the past few years.
The laptops/notebooks segment is expected to witness significant growth over the forecast period due to high product demand from educational institutions and corporate offices worldwide. In addition, rapid development of technologies such as Bluetooth connectivity that enables wireless audio streaming from smart devices to laptop/notebook speakers is further anticipated to fuel industry expansion over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing product demand from end-users such as smartphones, laptops/notebooks, digital cameras, and others. Moreover, rising preference for high-quality sound reproduction through balanced armature speakers in North America has led to an increase in their sales across various application segments such as home entertainment and automobiles.
Asia Pacific is anticipated to emerge as the fastest growing regional market over the forecast period owing to a rise in disposable income of consumers coupled with improving standards of living especially due to rapid economic development witnessed by countries like China and India since past few years which resulted into increased purchasing power of consumers thereby fueling overall industry growth across this region.
Growth Factors:
- Increasing demand for portable and wireless speakers
- Rising disposable income of consumers
- Growing trend of using personal audio systems in vehicles
- Proliferation of digital content and streaming services
- Advances in technology and design
Scope Of The Report
Report Attributes
Report Details
Report Title
Consumer Electronics Balanced-armature Magnetic Speakers Market Research Report
By Type
Dual, Single, Others
By Application
Smartphones, Desktops, Laptops/Notebooks, Digital Cameras, Others
By Companies
Knowles, Sonion, Bellsing, SYT Audio, Sony, Molex, Crillon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Consumer Electronics Balanced-armature Magnetic Speakers Market Report Segments:
The global Consumer Electronics Balanced-armature Magnetic Speakers market is segmented on the basis of:
Types
Dual, Single, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Smartphones, Desktops, Laptops/Notebooks, Digital Cameras, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Knowles
- Sonion
- Bellsing
- SYT Audio
- Sony
- Molex
- Crillon
Highlights of The Consumer Electronics Balanced-armature Magnetic Speakers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dual
- Single
- Others
- By Application:
- Smartphones
- Desktops
- Laptops/Notebooks
- Digital Cameras
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Consumer Electronics Balanced-armature Magnetic Speakers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Consumer Electronics Balanced-armature Magnetic Speakers are a type of loudspeaker that use a magnetic field to create sound. They are often used in home theaters and other audio applications where high quality sound is important.
Some of the major companies in the consumer electronics balanced-armature magnetic speakers market are Knowles, Sonion, Bellsing, SYT Audio, Sony, Molex, Crillon.
The consumer electronics balanced-armature magnetic speakers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Consumer Electronics Balanced-armature Magnetic Speakers Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Consumer Electronics Balanced-armature Magnetic Speakers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Consumer Electronics Balanced-armature Magnetic Speakers Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Consumer Electronics Balanced-armature Magnetic Speakers Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Consumer Electronics Balanced-armature Magnetic Speakers Market Size & Forecast, 2018-2028 4.5.1 Consumer Electronics Balanced-armature Magnetic Speakers Market Size and Y-o-Y Growth 4.5.2 Consumer Electronics Balanced-armature Magnetic Speakers Market Absolute $ Opportunity
Chapter 5 Global Consumer Electronics Balanced-armature Magnetic Speakers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Type
5.2.1 Dual
5.2.2 Single
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Consumer Electronics Balanced-armature Magnetic Speakers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Applications
6.2.1 Smartphones
6.2.2 Desktops
6.2.3 Laptops/Notebooks
6.2.4 Digital Cameras
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Consumer Electronics Balanced-armature Magnetic Speakers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Consumer Electronics Balanced-armature Magnetic Speakers Analysis and Forecast
9.1 Introduction
9.2 North America Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Type
9.6.1 Dual
9.6.2 Single
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Applications
9.10.1 Smartphones
9.10.2 Desktops
9.10.3 Laptops/Notebooks
9.10.4 Digital Cameras
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Consumer Electronics Balanced-armature Magnetic Speakers Analysis and Forecast
10.1 Introduction
10.2 Europe Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Type
10.6.1 Dual
10.6.2 Single
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Applications
10.10.1 Smartphones
10.10.2 Desktops
10.10.3 Laptops/Notebooks
10.10.4 Digital Cameras
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Consumer Electronics Balanced-armature Magnetic Speakers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Type
11.6.1 Dual
11.6.2 Single
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Applications
11.10.1 Smartphones
11.10.2 Desktops
11.10.3 Laptops/Notebooks
11.10.4 Digital Cameras
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Consumer Electronics Balanced-armature Magnetic Speakers Analysis and Forecast
12.1 Introduction
12.2 Latin America Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Type
12.6.1 Dual
12.6.2 Single
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Applications
12.10.1 Smartphones
12.10.2 Desktops
12.10.3 Laptops/Notebooks
12.10.4 Digital Cameras
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Consumer Electronics Balanced-armature Magnetic Speakers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Type
13.6.1 Dual
13.6.2 Single
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Consumer Electronics Balanced-armature Magnetic Speakers Market Size Forecast by Applications
13.10.1 Smartphones
13.10.2 Desktops
13.10.3 Laptops/Notebooks
13.10.4 Digital Cameras
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Consumer Electronics Balanced-armature Magnetic Speakers Market: Competitive Dashboard
14.2 Global Consumer Electronics Balanced-armature Magnetic Speakers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Knowles
14.3.2 Sonion
14.3.3 Bellsing
14.3.4 SYT Audio
14.3.5 Sony
14.3.6 Molex
14.3.7 Crillon