About Neckband Headphones
The Changing lifestyle is demanding more convenience for ease of day-to-day life scenarios. Headphones are an essential part of the mobile accessory genre which lets you access mobile audio channels anywhere anytime. Conventional headphones with tangled wires, complex storage is now replaced with the latest technology-based neckband earphones. They have all the wiring and circuits compacted into a small collar-like neckband with an earpiece attached to the same. Increasing demand for these owing to ease of access, easy control, and audio navigation is the major unique selling point. Further innovations regarding battery life, sound quality, and noise cancellations are the demand-fuelling integrations, which is, looked forward to.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Jabra (Denmark), LG Electronics (South Korea), Apple Inc. (United States), Bose Corporation (United States), Motorola (United States), Plantronics (United States), Samsung (South Korea), Sony (Japan), Harman International Industries, Incorporated (United States) and Sennheiser electronic GmbH & Co. KG (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Bowers & Wilkins (United Kingdom), Scullcandy (United States), Libratone (Denmark) and V-Moda, LLC (United States).
Segmentation Overview
AMA Research has segmented the market of Global Neckband Headphones market by Type (On-Ear Headphones, Over-Ear Headphones and Others), Application (Communication, Education, Entertainment, Musical and Others) and Region.
On the basis of geography, the market of Neckband Headphones has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online (Manufacturer Website, E-commerce Websites) will boost the Neckband Headphones market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connectivity, the sub-segment i.e. Wired will boost the Neckband Headphones market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Changing Lifestyle and Compact Design Demand for Consumer Electronics is driving demand.
Challenges:
Usage of Low-Quality material causing Failures of the Earphones is a major challenge and Counterfeit earphone's availability is driving away from the key player market towards low-quality substitutes.
Restraints:
Availability of substitutes as headphones and wireless earbuds is hampering the market growth.
Opportunities:
Integration of Voice Commands and Futuristic Designs will be an open opportunity for major players.
Market Leaders and their expansionary development strategies
In March 2017, Harman International Industries, Incorporated was acquired by Samsung electronics. This acquisition will provide Harman International Industries the OEM platform set by Samsung all over the world and will enhance the audio and video user experience.
In Jan. 2021, Sennheiser new i.e. 300 in-ear headphones are meticulously crafted to deliver nuanced, natural sound on the go. Supercharged by a refined version of Sennheiser’s 7mm further Wide Band (XWB) electrical device to make sure a well-balanced sound signature and glorious sonic accuracy, the new 300 combines superior sound with premium, skilled audio-inspired style.
Key Target Audience
Neckband Headphones Manufactures, Trader/Distributor/Supplier, End Consumer and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.