Active Noise Cancellation Headphones Market - Growth, Trends, COVID-19 Impact, aPosted by Statzy Market Research on April 14th, 2021 The growing acceptance of smart wearables such as wireless headphones with active noise canceling augmented hearing, and increased control over ambient sounds is propelling the demand for active noise cancelling headphones. - Increasing affinity of the millennial population towards technologically advanced and state-of-the-art electric appliances is one of the leading factors driving growth of the active noise cancellation headphones market. - Increasing inclination of consumer towards headphones that offer higher audio quality is encouraging audio device companies to incorporate advanced technologies and offer the noise canceling feature in headphones is further fuelling the market growth. - Furthermore, need for high capital and technological expertise may prove to be major barriers to entry for small- and medium-scale manufacturers in the active noise canceling headphones market. - In-ear active noise cancelling headphones are likely to witness traction during the forecast period. A major reason for the high market penetration of these headphones is their cost-efficiency. Further, the increased adoption of in-ear headphones by sports and music enthusiasts is another factor for the high application of in-ear headphones. - Due to COVID-19 outbreak, the production facilities of the electronics parts have been halted owing to the logistics slowdown and unavailability of the workforce across the globe which in turn leading to the gap in the demand and supply of the electronic products. On the other hand, various e-commerce companies all across the globe have discontinued the delivery of non-essential items (including most of the electronics products), which is affecting the active noise cancellation headphones market growth.
- According to CISCO Annual Internet Report, 2018–2023, the total number of global mobile subscribers will raise from 5.1 billion in 2018 to 5.7 billion by 2023. Also, smartphones market will register a CAGR of 7% during the same period. - The increasing trend of making the smartphones slimmer and thinner has resulted in the manufacturers removing the headphones jack. This is propelling the consumers to adopt advanced headphones with unique features, in turn, boosting the market growth over the forecast period. - Asia Pacific players are introducing innovative features of noise canceling headphones to meet the dynamic consumer demands and attract a large consumer base in the region. Furthermore, adoption of innovative marketing strategies is expected to emerge as a popular trend among noise canceling headphones market players in the Asia Pacific region, in the upcoming years. - Emerging markets in Asian countries have witnessed an unexpected growth in the demand for premium headphones, which can be attributed to the rising disposable income.Moreover, they are adopting smart headphones with add-on functionalities such as active noise cancellation, augmented hearing, and higher control over ambient sounds. - Furthermore,the penetration by foreign players in the region providing premium products that are technologically advanced, and providing better experience has fueled the demand for the active noise cancellation headphones.This is expected to drive market growth over the forecast period. - March 2019 - Sennheiser launched MB 360 UC Bluetooth Headset with Active Noise Cancellation Technology.They are designed for modern office workers in noisy environments including open offices, coworking spaces or during commutation For sample report please visit : https://www.statzyreports.com/report/sr497525/active-noise-cancellation-headphones-market Contact Us: Like it? Share it! More by this author |