Market Overview:
The global hi-fi headphone market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-quality audio products and rising disposable income of consumers. In terms of type, the in-ear headphone segment is expected to lead the market during the forecast period, owing to its low price and small size. However, over-ear headphones are expected to witness higher growth rates as compared to other types due to their superior sound quality and noise cancellation features.
Product Definition:
Hi-fi headphones are designed to reproduce the sound as accurately as possible. They are often used by audio professionals to mix and master music.
In-ear Headphone:
In-ear headphone is a small-sized pluggable audio device that is inserted into the ear canal. It produces sound by means of vibrations caused by its own internal speakers or through the use of an external speaker. In-ear devices are smaller than conventional headphones and are usually designed to be worn on the ear, unlike over-the-head designs which can cover both ears.
On-ear Headphone:
On-ear headphone is a type of headphones, which means the ear cups are mounted on a headband. On-ear design offers better passive isolation from external sound; this helps in reducing background noise and provides an immersive experience to the user. The cups may be made from plastic or leather and can be circular or oval in shape.
Application Insights:
The entertainment segment dominated the global hi-fi headphone market in 2017 and is expected to continue its dominance over the forecast period. The growing preference for music with a cinematic experience has led to an increased demand for headphones with surround sound, which are primarily used at home or in the office for listening and watching movies, TV shows or videos. In addition, rising demand from audiophiles who prefer high-quality sound reproduction is also expected to drive growth over the forecast period.
The commercial application segment accounted for more than 20% of total revenue share in 2017 owing to increasing use of headphones by radio DJs, disc jockeys (DJs) and live performers at live shows or clubs where they can listen to their favorite songs before playing them on air/recordings. In addition, these professionals wear these headphones while mixing music as it gives them better control on beats per minute (BPM) and other related details regarding tracks played through these headsets during live performances worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing disposable income, rising adoption of western culture of music, and growing demand for high-quality sound system in cars. Increasing number of branded retail outlets is also a major factor driving product sales in this region. Furthermore, rise in spending on leisure activities by consumers from emerging economies such as China and India has created a huge demand for these products over the past few years.
North America accounted for more than 20% share of global revenue owing to strong presence of key players such as Beats Electronics LLC; Skullcandy Inc.; Bose Corporation; Sennheiser Electronic GmbH & Co., KGaA; Sony Corporation; Logitech International SA/NV.; Razer (USA) Inc.
Growth Factors:
- Increasing demand for high-quality audio products
- Growing popularity of portable music players and headphones
- Rising disposable income of consumers in developing countries
- Proliferation of online music streaming services
- Technological advancements in audio engineering
Scope Of The Report
Report Attributes
Report Details
Report Title
Hi-Fi Headphone Market Research Report
By Type
In-ear Headphone, On-ear Headphone, Over-ear Headphone
By Application
Entertainment, Musical, DJ, Commercial, Others
By Companies
Sennheiser, AKG, Grado, Beyerdynamic, Audio-technica Corporation, Beats by Dr. Dre, Sony, Philips, Pioneer, Audeze, Sennheiser, Bowers & Wilkins, Ultrasone, Shure, KEF, HIFIMAN Corporation, OPPO, Onkyo USA, Fostex
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Hi-Fi Headphone Market Report Segments:
The global Hi-Fi Headphone market is segmented on the basis of:
Types
In-ear Headphone, On-ear Headphone, Over-ear Headphone
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
Entertainment, Musical, DJ, Commercial, 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:
- Sennheiser
- AKG
- Grado
- Beyerdynamic
- Audio-technica Corporation
- Beats by Dr. Dre
- Sony
- Philips
- Pioneer
- Audeze
- Sennheiser
- Bowers & Wilkins
- Ultrasone
- Shure
- KEF
- HIFIMAN Corporation
- OPPO
- Onkyo USA
- Fostex
Highlights of The Hi-Fi Headphone 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:
- In-ear Headphone
- On-ear Headphone
- Over-ear Headphone
- By Application:
- Entertainment
- Musical
- DJ
- Commercial
- 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 Hi-Fi Headphone 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.
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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?
Hi-Fi Headphone is a type of headphone that has high quality sound. It is designed to provide an immersive listening experience.
Some of the major players in the hi-fi headphone market are Sennheiser, AKG, Grado, Beyerdynamic, Audio-technica Corporation, Beats by Dr. Dre, Sony, Philips, Pioneer, Audeze, Sennheiser, Bowers & Wilkins, Ultrasone, Shure, KEF, HIFIMAN Corporation, OPPO, Onkyo USA, Fostex.
The hi-fi headphone market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hi-Fi Headphone 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 Hi-Fi Headphone Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hi-Fi Headphone 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 Hi-Fi Headphone 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 Hi-Fi Headphone Market Size & Forecast, 2018-2028
4.5.1 Hi-Fi Headphone Market Size and Y-o-Y Growth
4.5.2 Hi-Fi Headphone Market Absolute $ Opportunity
Chapter 5 Global Hi-Fi Headphone 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 Hi-Fi Headphone Market Size Forecast by Type
5.2.1 In-ear Headphone
5.2.2 On-ear Headphone
5.2.3 Over-ear Headphone
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hi-Fi Headphone 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 Hi-Fi Headphone Market Size Forecast by Applications
6.2.1 Entertainment
6.2.2 Musical
6.2.3 DJ
6.2.4 Commercial
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hi-Fi Headphone 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 Hi-Fi Headphone 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 Hi-Fi Headphone Analysis and Forecast
9.1 Introduction
9.2 North America Hi-Fi Headphone 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 Hi-Fi Headphone Market Size Forecast by Type
9.6.1 In-ear Headphone
9.6.2 On-ear Headphone
9.6.3 Over-ear Headphone
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 Hi-Fi Headphone Market Size Forecast by Applications
9.10.1 Entertainment
9.10.2 Musical
9.10.3 DJ
9.10.4 Commercial
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 Hi-Fi Headphone Analysis and Forecast
10.1 Introduction
10.2 Europe Hi-Fi Headphone 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 Hi-Fi Headphone Market Size Forecast by Type
10.6.1 In-ear Headphone
10.6.2 On-ear Headphone
10.6.3 Over-ear Headphone
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 Hi-Fi Headphone Market Size Forecast by Applications
10.10.1 Entertainment
10.10.2 Musical
10.10.3 DJ
10.10.4 Commercial
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 Hi-Fi Headphone Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hi-Fi Headphone 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 Hi-Fi Headphone Market Size Forecast by Type
11.6.1 In-ear Headphone
11.6.2 On-ear Headphone
11.6.3 Over-ear Headphone
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 Hi-Fi Headphone Market Size Forecast by Applications
11.10.1 Entertainment
11.10.2 Musical
11.10.3 DJ
11.10.4 Commercial
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 Hi-Fi Headphone Analysis and Forecast
12.1 Introduction
12.2 Latin America Hi-Fi Headphone 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 Hi-Fi Headphone Market Size Forecast by Type
12.6.1 In-ear Headphone
12.6.2 On-ear Headphone
12.6.3 Over-ear Headphone
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 Hi-Fi Headphone Market Size Forecast by Applications
12.10.1 Entertainment
12.10.2 Musical
12.10.3 DJ
12.10.4 Commercial
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) Hi-Fi Headphone Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hi-Fi Headphone 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) Hi-Fi Headphone Market Size Forecast by Type
13.6.1 In-ear Headphone
13.6.2 On-ear Headphone
13.6.3 Over-ear Headphone
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) Hi-Fi Headphone Market Size Forecast by Applications
13.10.1 Entertainment
13.10.2 Musical
13.10.3 DJ
13.10.4 Commercial
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 Hi-Fi Headphone Market: Competitive Dashboard
14.2 Global Hi-Fi Headphone Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sennheiser
14.3.2 AKG
14.3.3 Grado
14.3.4 Beyerdynamic
14.3.5 Audio-technica Corporation
14.3.6 Beats by Dr. Dre
14.3.7 Sony
14.3.8 Philips
14.3.9 Pioneer
14.3.10 Audeze
14.3.11 Sennheiser
14.3.12 Bowers & Wilkins
14.3.13 Ultrasone
14.3.14 Shure
14.3.15 KEF
14.3.16 HIFIMAN Corporation
14.3.17 OPPO
14.3.18 Onkyo USA
14.3.19 Fostex
