Global Headphones / Earphones Market Trajectory to 2027: U.S. Market is Estimated at $7.9 Billion, While China is Forecast to Grow at 24.9% CAGR – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Headphones / Earphones – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Headphones / Earphones estimated at US$29.4 Billion in the year 2020, is projected to reach a revised size of US$101.7 Billion by 2027, growing at a CAGR of 19.4% over the period 2020-2027. Earphones, one of the segments analyzed in the report, is projected to record 21.1% CAGR and reach US$60.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Headphones segment is readjusted to a revised 17.2% CAGR for the next 7-year period.
The Headphones / Earphones market in the U.S. is estimated at US$7.9 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$25 Billion by the year 2027 trailing a CAGR of 25.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14% and 17.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.3% CAGR.
Select Competitors (Total 36 Featured):
- Apple Inc.
- Bose Corporation
- GN Store Nord A/S
- Harman International Industries, Incorporated
- Sennheiser Electronics GmbH & Co. KG
- Skullcandy.com
- Sony Corporation
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/14rzvl
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