What is Wireless Noise Cancelling Headphones Market?
Cancelling Headphones uses active noise reduction technology to eliminate the unwanted surrounding voices. These headphones provide clearer and more lifelike audio performance. They relies on the acoustic isolation characteristic of headphones with active noise reduction. The manufacturers are focusing on introducing innovative products with greater noise attenuation. For instance, Sony launched Sony WI-1000XM2, an in-ear wireless noise cancelling headphones in India. This product has HD Noise Cancelling Processor QN1 with adaptive sound control for smart listening and it automatically adjust ambient sound based on the user's activity. The growing preference of consumers for the noise cancelling headphones is driving the market growth.
The market study is being classified by Type (Over-ear and In-ear) and major geographies with country level break-up.
Bose Corporation (United States), JBL (United States), Sony Corporation (Japan), Sennheiser electronic GmbH & Co. KG (Germany), Audio-Technica Corporation (Japan), Samsung (South Korea), Apple Inc. (United States), Koninklijke Philips N.V. (Netherlands), Ultimate Ears (United States), Plantronics, Inc. (United States), Shenzhen Gogo Electronic co.,ltd (China), Victor Company of Japan, Ltd. (Japan), Klipsch Audio Technologies (United States), Shenzhen Grandsun Electronic Co., Ltd. (China), Xiaomi Corporation (China) and Huawei Technologies Co., Ltd. (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are AKG Acoustics (Austria), Monster (United States), Phiaton Corporation (United States) and ams AG (Austria).
In Wireless Noise Cancelling Headphones Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Research Analyst at AMA predicts that United States and Asian Vendors will contribute to the maximum growth of Global Wireless Noise Cancelling Headphones market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Wireless Noise Cancelling Headphones market by Type, Application and Region.
On the basis of geography, the market of Wireless Noise Cancelling 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Demand from the Aviation Industry
- Increasing Use of Wireless Noise Cancelling Headphones for Communication in Noisy Environments
Market Trend
- Trend for Wireless Noise Cancelling Headphones
Restraints
- Cost of Noise Cancelling Headphones
Opportunities
- Growing Preference for Wireless Noise Cancelling Headphones
- Technologies Innovation
Challenges
- Challenges For Reducing Noises Generated From Moving Source
Market Leaders and some development strategies
In October 2019, ams AG acquired Incus Laboratories Ltd, a UK-based privately-held company dealing in intellectual property (IP) for digital active noise cancellation in headphones and earphones. This acquisition further boosted ams leadership in audio sensors and active noise cancellation (ANC).
In August 2019, Bose launched Noise Cancelling Headphones 700 in India. This product comes with adjustable noise cancellation technology and conversation mode that enables users to talk to people without removing the headphones.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Wireless Noise Cancelling Headphones Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry