Global Wireless Audio Devices Market, By Product Type (Wireless Headset & Microphones, Wireless Spea

Published Date: | Report Code : EQ1924352

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Improving wireless connectivity across the globe is expected to drive the growth of the wireless audio devices market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Wireless audio devices receive audio signals using radio frequency (RF) waves rather than through cables. Wireless audio devices generally have two units: the main speaker or sound outputting device connected with an RF receiver, and the RF transmitter. The transmitter is connected to the source from where radio signals are generated whereas the receiver is connected to the speaker which receives the signals and outputs audio. This transmission of signals or radio frequencies can be achieved using several wireless technologies such as Bluetooth, airplay, Wi-Fi, etc.

Increasing penetration of information and entertainment devices and the use of smartphones and wireless audio devices in shows, events, and call centers are majorly driving the global wireless audio devices market. Moreover, technological advancements in wireless connectivity and rising demand for convenience of portability are other factors affecting the market positively.

The growth of the music industry is also affecting the market. The need for high-quality music anywhere, anytime, especially for the younger generations, has given rise to the sales of wireless speakers and headphones. 

Key Factors Impacting Market Growth:

  • Improving wireless connectivity across the globe
  • Growing penetration of smartphones, tablets, smartwatches, and other wireless devices worldwide
  • Increasing application in automotive, laptops, gaming consoles, etc.

Regional Analysis: 

Major regions for wireless audio devices market are estimated to North America, Western Europe, and the Asia Pacific. North America and Western Europe have been traditional markets for wireless audio devices owing to the strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be Commercial, consumer, automotive, and others (Defense & Security). These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for wireless audio devices market in the North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others.

The Asia Pacific and Middle East region has witnessed tremendous growth in the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest-growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these industries, Commercial, consumer, automotive, and others (Defense & Security) are estimated to register a high demand for wireless audio devices market during the forecast period. On the other hand, the Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting the development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of wireless audio devices market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for wireless audio devices market during the forecast period. Rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

Companies Covered: 

Sony Corporation, Harman International Inc., Apple Inc., Beats Electronics, Samsung Electronics, Bose Corporation, JVC Kenwood, DEI Holdings Inc., Panasonic Corporation, Logitech International S.A., and LG Electronics… 

Market Segmentation:

By Product Type:

  • Wireless Headset & Microphones
  • Wireless Speaker Systems
  • Sound Bars
  • Others (A/V Receivers, Power Amplifiers, etc.)

By Technology:

  • Bluetooth
  • Wi-Fi
  • Airplay
  • Others         

By End-Use Industry:

  • Commercial
  • Consumer
  • Automotive
  • Others (Defense & Security)

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product Type
    • By Technology
    • By End-Use Industry
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product Type
    • By Technology
    • By End-Use Industry
  • Western Europe:
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Product Type
    • By Technology
    • By End-Use Industry
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Product Type
    • By Technology
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product Type
    • By Technology
    • By End-Use Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Product Type
    • By Technology
    • By End-Use Industry

Reasons To Buy This Report:

  • Market size estimation of the global wireless audio devices market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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