Market Overview:
The global high-resolution audio market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for high-quality audio content and the growing trend of audiophile culture. In terms of type, the wired audio segment is expected to hold a larger share of the global high-resolution audio market during the forecast period, followed by wireless audio. This can be attributed to factors such as ease of use and better sound quality offered by wired headphones as compared to wireless headphones.
Product Definition:
High-resolution audio, also known as audiophile audio, is digital music or sound recordings that have been created with a higher sampling rate and/or bit depth than the standard CD quality of 44.1 kHz/16-bit. This means that high-resolution audio files are capable of capturing more detail and nuance in the music than standard CDs. Because they offer a higher level of fidelity, high-resolution audio files can often provide a more immersive listening experience than lower resolution formats.
Wired Audio:
Wired audio is a technology that allows the transmission of audio signals via cables, usually used for connecting external home theater systems or as an input device in computers. The term “wired” typically refers to a connection scheme that uses physical wires and connectors. Wired connections are generally made up of RCA jacks, TOSlink optical Toslink, coaxial cable, USB cable (for power),RCA phono plugs (for analog sources).
Wireless Audio:
Wireless audio is the transmission of audio signals via radio waves or infrared rays. The term wireless usually refers to Bluetooth, but can also apply to technologies like Wi-Fi and Near Field Communication (NFC). Wireless technology has been around for quite some time; however, it was not until recently that its applications expanded beyond consumer electronics into high-end components as well.
Application Insights:
The market is segmented on the basis of application into below 18, 18-34, and above 34 age groups. The below 18 age group held a major share in 2017 owing to increasing adoption of high-resolution audio products among consumers across the globe. Moreover, this demographic is more inclined towards high-quality sound as compared to other age groups and thus has a greater potential to influence product demand in near future.
The above 34 category is expected to witness significant growth over the forecast period due to growing preference for audiophile audio products among music listeners aged Above 34 years worldwide.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of audiophiles. The region is home to some of the major companies such as Shure, Audio-Technica, and Grado Labs. These companies are continuously working on developing advanced headphones that provide high-quality sound output with minimal distortion.
Asia Pacific is expected to be one of the fastest growing markets over the forecast period owing to increasing disposable income among middle class population groups in countries such as China and India. This has resulted in increased demand for consumer electronics including audio systems that can produce high-quality sound at affordable prices. Moreover, rising penetration of digital music services has led consumers towards purchasing higher quality headphones for enjoying High Resolution Audio content over wireless devices or via cables connected directly between source device and headset/earphones unit (RCA).
Growth Factors:
- Increasing demand for high-resolution audio products from audiophiles
- Growing popularity of online music streaming services
- Proliferation of portable digital audio players and headphones
- Development of new audio codecs and file formats
- Advances in digital signal processing technology
Scope Of The Report
Report Attributes
Report Details
Report Title
High-resolution Audio(audiophile audio) Market Research Report
By Type
Wired Audio, Wireless Audio
By Application
Below 18, 18-34, Above 34
By Companies
Alpine, Pioneer, Harman, Sony, JVC Kenwood, Polk Audio, KICKER, Rockford Fosgate, JL Audio, HiVi, MTX Audio, Dual, Focal, Rainbow, Moral, Pyle Audio, Panasonic
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global High-resolution Audio(audiophile audio) Market Report Segments:
The global High-resolution Audio(audiophile audio) market is segmented on the basis of:
Types
Wired Audio, Wireless Audio
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
Below 18, 18-34, Above 34
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:
- Alpine
- Pioneer
- Harman
- Sony
- JVC Kenwood
- Polk Audio
- KICKER
- Rockford Fosgate
- JL Audio
- HiVi
- MTX Audio
- Dual
- Focal
- Rainbow
- Moral
- Pyle Audio
- Panasonic
Highlights of The High-resolution Audio(audiophile audio) 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:
- Wired Audio
- Wireless Audio
- By Application:
- Below 18
- 18-34
- Above 34
- 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 High-resolution Audio(audiophile audio) 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
- Identifying Appropriate Advertising Appeals
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?
High-resolution audio is a type of audio that has been designed to reproduce sound with greater clarity and detail than what is typically heard from standard-definition or even high-definition television and music recordings.
Some of the major players in the high-resolution audio(audiophile audio) market are Alpine, Pioneer, Harman, Sony, JVC Kenwood, Polk Audio, KICKER, Rockford Fosgate, JL Audio, HiVi, MTX Audio, Dual, Focal, Rainbow, Moral, Pyle Audio, Panasonic.
The high-resolution audio(audiophile audio) market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High-resolution Audio(audiophile audio) 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. High-resolution Audio(audiophile audio) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High-resolution Audio(audiophile audio) Market - Supply Chain
4.5. Global High-resolution Audio(audiophile audio) Market Forecast
4.5.1. High-resolution Audio(audiophile audio) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High-resolution Audio(audiophile audio) Market Size (000 Units) and Y-o-Y Growth
4.5.3. High-resolution Audio(audiophile audio) Market Absolute $ Opportunity
5. Global High-resolution Audio(audiophile audio) 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. High-resolution Audio(audiophile audio) Market Size and Volume Forecast by Type
5.3.1. Wired Audio
5.3.2. Wireless Audio
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High-resolution Audio(audiophile audio) 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. High-resolution Audio(audiophile audio) Market Size and Volume Forecast by Application
6.3.1. Below 18
6.3.2. 18-34
6.3.3. Above 34
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High-resolution Audio(audiophile audio) 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. High-resolution Audio(audiophile audio) 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 High-resolution Audio(audiophile audio) 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. High-resolution Audio(audiophile audio) 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 High-resolution Audio(audiophile audio) Demand Share Forecast, 2019-2029
9. North America High-resolution Audio(audiophile audio) 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 High-resolution Audio(audiophile audio) 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 High-resolution Audio(audiophile audio) Market Size and Volume Forecast by Application
9.4.1. Below 18
9.4.2. 18-34
9.4.3. Above 34
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High-resolution Audio(audiophile audio) Market Size and Volume Forecast by Type
9.7.1. Wired Audio
9.7.2. Wireless Audio
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 High-resolution Audio(audiophile audio) Demand Share Forecast, 2019-2029
10. Latin America High-resolution Audio(audiophile audio) 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 High-resolution Audio(audiophile audio) 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 High-resolution Audio(audiophile audio) Market Size and Volume Forecast by Application
10.4.1. Below 18
10.4.2. 18-34
10.4.3. Above 34
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High-resolution Audio(audiophile audio) Market Size and Volume Forecast by Type
10.7.1. Wired Audio
10.7.2. Wireless Audio
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 High-resolution Audio(audiophile audio) Demand Share Forecast, 2019-2029
11. Europe High-resolution Audio(audiophile audio) 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 High-resolution Audio(audiophile audio) 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 High-resolution Audio(audiophile audio) Market Size and Volume Forecast by Application
11.4.1. Below 18
11.4.2. 18-34
11.4.3. Above 34
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High-resolution Audio(audiophile audio) Market Size and Volume Forecastby Type
11.7.1. Wired Audio
11.7.2. Wireless Audio
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 High-resolution Audio(audiophile audio) Demand Share, 2019-2029
12. Asia Pacific High-resolution Audio(audiophile audio) 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 High-resolution Audio(audiophile audio) 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 High-resolution Audio(audiophile audio) Market Size and Volume Forecast by Application
12.4.1. Below 18
12.4.2. 18-34
12.4.3. Above 34
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High-resolution Audio(audiophile audio) Market Size and Volume Forecast by Type
12.7.1. Wired Audio
12.7.2. Wireless Audio
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 High-resolution Audio(audiophile audio) Demand Share, 2019-2029
13. Middle East & Africa High-resolution Audio(audiophile audio) 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 High-resolution Audio(audiophile audio) 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 High-resolution Audio(audiophile audio) Market Size and Volume Forecast by Application
13.4.1. Below 18
13.4.2. 18-34
13.4.3. Above 34
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High-resolution Audio(audiophile audio) Market Size and Volume Forecast by Type
13.7.1. Wired Audio
13.7.2. Wireless Audio
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 High-resolution Audio(audiophile audio) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global High-resolution Audio(audiophile audio) Market: Market Share Analysis
14.2. High-resolution Audio(audiophile audio) Distributors and Customers
14.3. High-resolution Audio(audiophile audio) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alpine
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pioneer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Harman
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sony
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JVC Kenwood
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Polk Audio
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KICKER
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rockford Fosgate
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JL Audio
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HiVi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. MTX Audio
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Dual
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Focal
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rainbow
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Moral
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Pyle Audio
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Panasonic
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook