What is Global Noise-Canceling Headphones Market?
The Global Noise-Canceling Headphones Market is a comprehensive study of the current trends, growth indicators, and market dynamics of the noise-canceling headphones industry worldwide. This market involves the production, distribution, and sales of headphones that use active noise control technology to reduce unwanted ambient sounds. These headphones are particularly popular among frequent travelers, music enthusiasts, and people working in noisy environments. The market is driven by technological advancements, increasing consumer demand for superior audio quality, and the growing popularity of smart devices. As of 2023, the market was valued at US$ 1445.9 million and is projected to reach US$ 2063 million by 2030, growing at a CAGR of 5.1% from 2024 to 2030.
Noise-Canceling Headsets, Noise-Canceling In-Ears in the Global Noise-Canceling Headphones Market:
The Global Noise-Canceling Headphones Market is segmented into Noise-Canceling Headsets and Noise-Canceling In-Ears. Noise-canceling headsets are over-the-ear headphones that provide superior noise cancellation, making them ideal for use in noisy environments or during travel. On the other hand, noise-canceling in-ears are compact, lightweight, and provide a secure fit, making them suitable for sports and fitness activities. The market for these products is driven by consumer preference for high-quality audio, comfort, and convenience. The leading manufacturer in this market is Bose, which accounts for about 23% of the global revenue.
Supermarkets, Exclusive Shops, Online Sales in the Global Noise-Canceling Headphones Market:
The Global Noise-Canceling Headphones Market finds its application in various areas such as Supermarkets, Exclusive Shops, and Online Sales. Supermarkets are a popular choice for consumers due to the availability of a wide range of products under one roof. Exclusive shops, on the other hand, offer a premium shopping experience with personalized customer service. However, the trend of online shopping has been on the rise due to the convenience it offers. Consumers can browse through a wide range of products, compare prices, and read reviews before making a purchase. The growth of e-commerce platforms has significantly contributed to the sales of noise-canceling headphones.
Global Noise-Canceling Headphones Market Outlook:
Looking at the market outlook, the Global Noise-Canceling Headphones Market was valued at US$ 1445.9 million in 2023 and is expected to reach US$ 2063 million by 2030. This indicates a steady growth rate of 5.1% during the forecast period from 2024 to 2030. Bose, a leading manufacturer of noise-canceling headphones, contributes about 23% to the global revenue. This shows the strong market presence and consumer preference for Bose products. The market growth can be attributed to the increasing consumer demand for high-quality audio devices and the growing popularity of smart devices.
Report Metric | Details |
Report Name | Noise-Canceling Headphones Market |
Accounted market size in 2023 | US$ 1445.9 million |
Forecasted market size in 2030 | US$ 2063 million |
CAGR | 5.1% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
|
Segment by Application |
|
Consumption by Region |
|
By Company | SONY, BOSE, Shure, Jabra, Apple, ZOUND INDUSTRIES, Bowers & Wilkins, Sennheiser electronic, Harman, Microsoft, Nura, Huawei, Xiaomi |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |