What is Stereo Bluetooth Headsets Market?
Stereo Bluetooth headsets can connect to a user’s cellphone, music player, computer or stereo. They may also include a microphone and function as a headset for smartphones, but their primary function is for music listening. These headsets work by transmitting audio signals through either radio or IR (infrared) signals, depending on the device. It can be used by connecting or pairing with the device that the user wants to use through a radio or infrared signal. These headsets generally support up to 10-meter transmission range. In August 2019, LG Electronics Inc. has launched slim new Bluetooth 5.0 headsets. The company’s new model features a fast-charging battery that delivers up to 3 hours of use from only a 10-minute charge.
The market study is being classified by Type (On-Ear Headsets, Over-Ear Headsets, In-Ear Headsets and Others), by Application (Communication, Sports, Music and Others) and major geographies with country level break-up.
Apple Inc. (United States), Sony Corporation (Japan), LG Electronics Inc. (South Korea), Plantronics, Inc. (United States), Bose Corporation (United States), Samsung (South Korea), Sennheiser (Germany), Motorola, Inc. (United States), Microsoft Corporation (United States) and Logitech International S.A. (Switzerland) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are GN Audio A/S (Denmark), HIFIMAN Electronics (China) and Audio-Technica Corporation (Japan).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Stereo Bluetooth Headsets market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Stereo Bluetooth Headsets market by Type, Application and Region.
On the basis of geography, the market of Stereo Bluetooth Headsets 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Adoption of Smart Phones and Smart Televisions
- Technological Advancements and Enhancements in the Stereo Bluetooth Headsets
- Increased Marketing and Promotional Activities
- Increased Demand from Online Customers
Market Trend
- Rising Demand for Technological Enhanced Products That Ease Daily Activities
- Growing Preference for Hands-Free Operation Products
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Growing Consumer Electronics Industry Worldwide
- Increasing Disposable Income of the People in Developing Countries Such As China and India
- Growth in the E-Commerce Industry in Developing Countries
Challenges
- Availability of Substitute Products in Cheaper Rates
- Strong Competition from Major Players in the Market
On 29th October 2019, Apple has launched new AirPods Pro. Featuring active noise cancellation in an in-ear design, the new buds are designed to immersive sound. These new earbuds are sweat- and water-resistant.
Key Target Audience
Stereo Bluetooth Headsets Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Product Suppliers/ Buyers, Distributors, Government Body & Associations and End-user