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TOPIC: Wireless Speakers And Headphones Market Volume Forecast and Value Chain Analysis 2018-2026, Credence Research
According to a new market research report published by Credence Research Wireless Speakers and Headphones Market (By Product Wireless Earphones and Headphones; Bluetooth Speakers; Wi-Fi Speakers and Wireless Sound Bars) - Growth, Future Prospects, Competitive Analysis and Forecast 2017 - 2025, the global wireless speakers and headphones market is expected to grow at a CAGR of 5.1% during the forecast period from 2017 to 2025.
Increasing adoption of Wi-Fi and integration of various entertainment systems in households across the world have been driving the demand for wireless speakers and sound bars in the recent years. Factors such as ease of set-up coupled with hassle free wireless connectivity between devices have led to the consumers inclination towards wireless audio devices. Users connect such Bluetooth speakers and sound bars with their television sets and other multimedia systems to experience a rich and high quality audio output without having to replace their existing multimedia systems. In addition, with the rise of integrated home entertainment systems, users have been deploying numerous Wi-Fi speakers in different rooms within the same house. Thereby, users can ensure optimum sound quality in different rooms with numerous speakers connected to a single entertainment system over the same Wi-Fi network.
Competitive Insights:
The global wireless speakers and headphones market is fairly fragmented with numerous companies operating in the global market. The companies which are specifically manufacturing wireless speakers and headphones have been focusing on enhancing product design and features to gain higher popularity for their products. In addition, large manufacturers in the overall audio industry have been working towards incorporating their existing technology into their wireless products. Some of the key players in wireless speakers and headphones market include Apple, Inc., Bose Corporation, DEI Holdings, Inc., HARMAN International Industries, Inc., LG Electronics, Inc., Samsung Electronics Co., Ltd., Sennheiser Electronic GmbH & Co. KG, Sonos, Inc., Sony Corporation, VIZIO, Inc. and VOXX International Corp.
Key Trends:
Increasing adoption of Wi-Fi speakers due to rising adoption of integrated home entertainment systems
Rising number of niche wireless earphone manufacturers offering aesthetically enhanced products
Leading flagship smartphone manufacturers such as Apple and Google switching from the traditional 3.5mm headphone
Wireless speakers are loudspeakers which receive audio signals using radio frequency (RF) waves rather than over audio cables. The two most popular RF frequencies that support audio transmission to wireless loudspeakers include a variation of WiFi IEEE 802.11 while others depend on Bluetooth to transmit audio data to the receiving speaker.[1]Wireless speakers are composed of two units: a main speaker unit combining the loudspeaker itself with an RF receiver, and an RF transmitter unit. The transmitter connects to the audio output of any audio devices such as hi-fi equipment, televisions, computers, mp3 players, etc. An RCA plug is normally used to achieve this. The receiver is positioned where the listener wants the sound to be, providing the freedom to move the wireless speakers around without the need of using cables. The receiver/speaker unit generally contains an amplifier to boost the audio signal to the loudspeaker; it is powered either by batteries or by an AC electric outlet.[2] Batteries may last for 3 to as long as 24 hours; almost all wireless speakers operate on rechargeable batteries that are not replaceable, so that the lifespan of these speakers is that of their batteries.Headphones (or head-phones in the early days of telephony and radio) are a pair of small loudspeaker drivers worn on or around the head over a user's ears. They are electroacoustic transducers, which convert an electrical signal to a corresponding sound. Headphones let a single user listen to an audio source privately, in contrast to a loudspeaker, which emits sound into the open air for anyone nearby to hear. Headphones are also known as earspeakers, earphones[1] or, colloquially, cans.[2] Circumaural and supra-aural headphones use a band over the top of the head to hold the speakers in place. The other type, known as earbuds or earpieces[1] consist of individual units that plug into the user's ear canal. In the context of telecommunication, a headset is a combination of headphone and microphone. Source: Wikipedia
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