Market Overview:
The global Hi-Fi earphones 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 high-quality audio products, rising disposable income of consumers, and growing trend of personalization. In terms of type, the in-ear type segment is expected to hold the largest share in the global Hi-Fi earphones market during the forecast period. This can be attributed to their compact size and lightweight design that makes them easy to carry around. By application, professional segment is expected to hold a larger share in terms of revenue than amateur segment during the forecast period.
Product Definition:
Hi-Fi earphones are earphones that have been designed to produce high-quality sound. They are often used by audiophiles who want to get the most out of their music. Hi-Fi earphones can provide a more immersive listening experience than traditional headphones, and they can also be used to improve the sound quality of other audio devices.
In-ear Type:
In-ear type is a category of earphones or headphones that are inserted into the outer portion of the ear, in other words, they are inserted into the external auditory canal. The main advantage offered by this category is that it provides greater isolation from external sound; therefore, offering a more immersive experience to its users.
On-ear Type:
On-ear type is a headphone design that places the speakers and microphones on the ear cup. On-ear types are generally large, comfortable, and lightweight headphones. They can be used for listening to music, making calls, receiving calls or watching videos while keeping your hands free.
The on-ear type has two main advantages; it allows better sound quality due to its closed back construction.
Application Insights:
The professional application segment dominated the global hi-fi earphones market in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand for superior audio experience from various end-use industries such as media & entertainment, gaming, and transportation. In addition, growing adoption of these products by audiophiles for listening and creating music is also expected to drive the product demand in this segment over the forecast period.
Amateur hi-fi earphones are widely used across several applications including fitness training, sports events/competitions, daily commutes/rides on buses or trains etc. Growing usage of wireless products among amateurs has led to increased convenience but has also reduced sound quality due largely interference issues between devices operating at same time frequency spectrum bands etc.
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 digital services, and growing demand for high-fidelity sound reproduction. Furthermore, increasing penetration of smartphones with high-quality audio output has been driving the regional market. China is projected to remain a key revenue contributor owing to low production costs coupled with cheap labor availability in this country.
North America accounted for more than 20% share of overall revenue in 2017 due to increased spending on home entertainment equipment such as stereos and speakers among others by consumers preferring quality sound experience at home or while traveling public transportations or automobiles. Moreover, preference for portable music players along with growing popularity of social media platforms that enable users share their musical taste experiences are some other factors contributing toward growth in this region during the forecast period from 2018 till 2030 timeframe.
Growth Factors:
- Increasing demand for premium audio products: The global Hi-Fi earphones market is expected to grow at a CAGR of over 9% during the forecast period. This can be attributed to the increasing demand for premium audio products, especially in developed countries.
- Growing popularity of wireless earphones: The growing popularity of wireless earphones is another major growth driver for the Hi-Fi earphones market. This can be attributed to various factors such as improved sound quality and convenience offered by these devices.
- Rising disposable income levels: Rising disposable income levels are also fueling the growth of the Hi-Fi earphones market, as consumers are increasingly spending on high-end audio products.
- Proliferation of online retail channels: Proliferation of online retail channels is also aiding in the growth of this market, as it offers consumers easy access to a wide range of hi-fi earphones at competitive prices.. 5) Technological advancements: Technological advancements are also propelling the growth o
Scope Of The Report
Report Attributes
Report Details
Report Title
Hi-Fi Earphones Market Research Report
By Type
In-ear Type, On-ear Type, Over-ear Type
By Application
Professional, Amateur
By Companies
Amateur, Edifier, Apple, Xiaomi Mi, Sennheiser, AKG, Grado, Audio-technica Corporation, Beats by Dr. Dre, Sony, Philips, Pioneer, Audeze, Bose, JBL, JVC, Koss, Monster, Panasonic, Shure, Bingoo
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hi-Fi Earphones Market Report Segments:
The global Hi-Fi Earphones market is segmented on the basis of:
Types
In-ear Type, On-ear Type, Over-ear Type
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
Professional, Amateur
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:
- Amateur
- Edifier
- Apple
- Xiaomi Mi
- Sennheiser
- AKG
- Grado
- Audio-technica Corporation
- Beats by Dr. Dre
- Sony
- Philips
- Pioneer
- Audeze
- Bose
- JBL
- JVC
- Koss
- Monster
- Panasonic
- Shure
- Bingoo
Highlights of The Hi-Fi Earphones 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 Type
- On-ear Type
- Over-ear Type
- By Application:
- Professional
- Amateur
- 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 Earphones 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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- Correctly Positioning New Products
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- Consumer Insights
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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 Earphones are a type of earbuds that provide high-quality sound. They typically have a better sound quality than standard earbuds, and they are often used by audiophiles to listen to music or watch videos. Hi-Fi Earphones can also be used for other purposes, such as phone calls or listening to lectures.
Some of the key players operating in the hi-fi earphones market are Amateur, Edifier, Apple, Xiaomi Mi, Sennheiser, AKG, Grado, Audio-technica Corporation, Beats by Dr. Dre, Sony, Philips, Pioneer, Audeze, Bose, JBL, JVC, Koss, Monster, Panasonic, Shure, Bingoo.
The hi-fi earphones market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hi-Fi Earphones Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hi-Fi Earphones Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hi-Fi Earphones Market - Supply Chain
4.5. Global Hi-Fi Earphones Market Forecast
4.5.1. Hi-Fi Earphones Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hi-Fi Earphones Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hi-Fi Earphones Market Absolute $ Opportunity
5. Global Hi-Fi Earphones Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hi-Fi Earphones Market Size and Volume Forecast by Type
5.3.1. In-ear Type
5.3.2. On-ear Type
5.3.3. Over-ear Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hi-Fi Earphones Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hi-Fi Earphones Market Size and Volume Forecast by Application
6.3.1. Professional
6.3.2. Amateur
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hi-Fi Earphones Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hi-Fi Earphones Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hi-Fi Earphones Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hi-Fi Earphones Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hi-Fi Earphones Demand Share Forecast, 2019-2026
9. North America Hi-Fi Earphones Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hi-Fi Earphones Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hi-Fi Earphones Market Size and Volume Forecast by Application
9.4.1. Professional
9.4.2. Amateur
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hi-Fi Earphones Market Size and Volume Forecast by Type
9.7.1. In-ear Type
9.7.2. On-ear Type
9.7.3. Over-ear Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hi-Fi Earphones Demand Share Forecast, 2019-2026
10. Latin America Hi-Fi Earphones Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hi-Fi Earphones Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hi-Fi Earphones Market Size and Volume Forecast by Application
10.4.1. Professional
10.4.2. Amateur
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hi-Fi Earphones Market Size and Volume Forecast by Type
10.7.1. In-ear Type
10.7.2. On-ear Type
10.7.3. Over-ear Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hi-Fi Earphones Demand Share Forecast, 2019-2026
11. Europe Hi-Fi Earphones Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hi-Fi Earphones Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hi-Fi Earphones Market Size and Volume Forecast by Application
11.4.1. Professional
11.4.2. Amateur
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hi-Fi Earphones Market Size and Volume Forecast by Type
11.7.1. In-ear Type
11.7.2. On-ear Type
11.7.3. Over-ear Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attraciveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hi-Fi Earphones Demand Share, 2019-2026
12. Asia Pacific Hi-Fi Earphones Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hi-Fi Earphones Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hi-Fi Earphones Market Size and Volume Forecast by Application
12.4.1. Professional
12.4.2. Amateur
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hi-Fi Earphones Market Size and Volume Forecast by Type
12.7.1. In-ear Type
12.7.2. On-ear Type
12.7.3. Over-ear Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hi-Fi Earphones Demand Share, 2019-2026
13. Middle East & Africa Hi-Fi Earphones Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hi-Fi Earphones Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hi-Fi Earphones Market Size and Volume Forecast by Application
13.4.1. Professional
13.4.2. Amateur
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hi-Fi Earphones Market Size and Volume Forecast by Type
13.7.1. In-ear Type
13.7.2. On-ear Type
13.7.3. Over-ear Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hi-Fi Earphones Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hi-Fi Earphones Market: Market Share Analysis
14.2. Hi-Fi Earphones Distributors and Customers
14.3. Hi-Fi Earphones Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Amateur
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Edifier
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Apple
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Xiaomi Mi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sennheiser
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AKG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grado
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Audio-technica Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Beats by Dr. Dre
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sony
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Philips
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pioneer
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Audeze
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Bose
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. JBL
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. JVC
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Koss
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Monster
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Panasonic
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shure
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
