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STUDIO HEADPHONES MARKET REPORT OVERVIEW
The global studio headphones market size was USD 1525.2 million in 2022 and is projected to touch USD 2490.47 million by 2031, exhibiting a CAGR of 5.6% during the forecast period.
Global studio headphones exist as amplifiers in speakers specially designed for professional sound production applications, as recording studios, film making, television studios, and another projects. These headphones, are designed in such a way the sound producer has the ability to listen precisely how everything sounds to alter and adjust the sound, depending on the requirements of the artist.
Furthermore, it is classified into three design types such as closed‑back, open‑back, and semi-open headphones. Each type offers an entirely unique listening experience, open-back headphones have back of ear cups open and leak more sound out of headphone and lets more ambient sound into the headphone. Whereas closed-back have back of ear cups closed and usually block some of the ambient noise, closed-back headphones usually produce stronger low frequencies. On the other hand, developments of the global music industry and increased expenditure on music gadgets and devices have positively impacted the global market.
COVID-19 Impact: Extensive Lockdown Leads to Impediment of Market Sales
The global COVID-19 pandemic has been unprecedented and staggering, with the studio headphones market experiencing higher than anticipated demand across all regions compared to pre-pandemic levels. The rise in CAGR is a byproduct of the studio headphones market growth and demand returning to pre-pandemic levels once the pandemic is over.
The global outbreak of COVID-19 is posing significant challenges to the world economy and business. As the impact of COVID-19 worsens, the global studio headphone market is anticipated to have negative impact. As a tighter supply chain, restricted percentage of employees, and closures ultimately had a significant impact on the headphones market globally. A key reason for the negative effect is the extension of the lockdown the across globe. The demand in e-commerce and other online marketing channels had experienced a drastic drop due to the unavailability of service during pandemic time period.
LATEST TRENDS
"Advancements in Audio Engineering Boosts Studio Market Growth"
Audio engineering is difficult to render but significant advancements with physics, headphones are introduced with tunings. The upside is, the headphones produce brighter and detailed background sounds than consumer-oriented pairs. Moreover, it offers users in studios the ability to catch onto distortion, background noise, awkward edits, and more will all jump out at once due to the new advancement of the typical studio tuning.
STUDIO HEADPHONES MARKET SEGMENTATION
- By Types
Based on type, the market is classified into closed back, semi-open back and fully-open back studio headphones
- By Application
Based on application, the market is categorized into studio stage, critical listening, mixing, others
DRIVING FACTORS
"Improvements in Build Quality of Headphones Boosts Market Growth"
After activities of research and development, these headphones are built to last. Enhancements of longer cable wires are introduced to keep up with daily activities in the studio, for lesser movement constraints and more freedom is provided to the users. Furthermore, an inclusion of user-replaceable parts, so on a rare occasion that something does break, it offers users to order a new part from the manufacturer and rectify it yourself. The newer build includes, reinforced design and is created from metal which is situated around the headband for comfort and moreover, to procure through rough usage and conditions.
"Introduction of Wireless Headphones Fuels Market to Grow"
The world continues to experience an increasing use of smart devices, introduction of wireless studio headphones to work with the devices for enhancements to sound quality and independence of movement. Additionally, there has been a growing trend of wireless headphones as it can be expanded to be used throughout a gym workout, during sports, are easy to carry while traveling. Furthermore, this introduction leads to an improvement in the gaming and virtual reality sectors as it enhances the background sounds and brings out a life like effect for the users and boosting the demand for the product in this market segment. A growing urban population, creates high demand for the wireless headphones and helps the studio headphones market grow and reach new heights.
RESTRAINING FACTORS
"Continuous Wearing of Headphones to Hamper Market Growth"
Constant working in studios and recording, editing, mixing leads to headphones usage being tedious. Wearing these can be painful or not suitable as it compresses the ears and occasionally puts a load of weight on the head. Lengthy use of headphones can result in infections and hearing loss for some users who are at work with it on a daily basis. Market growth gets confided as the demand could fall due to this factor is in direct correlation with, the changes in production and consumption of the headphone products.
"Counterfeit Products Confides the Market Growth"
Counterfeit headphones are available in large numbers in the market and is available at a significantly lower price than the original product, leading to the attraction of customers away and towards unreliable products. Hence, decreasing the value and quantity demanded of the product in the eyes of the customer and impeding the studio headphones market share.
STUDIO HEADPHONES MARKET REGIONAL INSIGHTS
North America is accounted as the dominating region in the studio headphones market and is anticipated to hold its position as leader for the foreseeable future. The growth in the market in this region is recorded because, there is a higher availability and better quality of these headphones and holds the presence of the biggest music audience and is the home to the largest entertainment industry. In this region, higher cultural and lifestyles changes are recorded because of an increase of disposable income, urbanization and other factors. The distribution channels are quick as online shopping application is provided to support the demand of the product. Moreover, there is a wide spread of numerous recording studios in this region which boosts the demand of the studio headphones in this region.
KEY INDUSTRY PLAYERS
"Key Players Focus on Globalization to Grow Market Position"
The studio headphones market is led by industry players who hold the largest share in the global market. The companies look to expand their geographical footprint, through opening up franchise, acquisitions and partnerships to boost their market position and value. While concentrating on activities of research and development of the headphones to best fit the users and use cost efficient strategies to minimize expenditure.
LIST OF TOP STUDIO HEADPHONES COMPANIES
- Beyerdynamic (Germany)
- Sennheiser (U.S.)
- AKG (U.S.)
- Grado (U.S.)
- Audio-Technica (Japan)
- Beats (U.S.)
- KOSS (U.S.)
- Sony (Japan)
- Pioneer (Japan)
- Shure (U.S.)
- Samson Technologies (U.S.)
- Denon (Japan)
Industry Development
January 2020: Company JBL launched a type of headphone which is inclusive of an inbuilt smart assistant technology and provided it with an advancedment of noise cancellation features.
REPORT COVERAGE
The over view of the report is a detailed analysis of the market and emphasizes on key industry players, types of studio headphones, and important advancements of the product. The research also includes factors that are probably to increase the headphones share in order to provide market insights. It also focuses upon the latest market trends and industry developments, in addition to the important factors that have played a role to the markets growth. Moreover, market growth forecasts for the current and future term are included in the research. Explaining why one region dominates over the rest of the global market is the aim of the regional study.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 1525.2 Million in 2022 |
Market Size Value By |
US$ 2490.47 Million by 2031 |
Growth Rate |
CAGR of 5.6% from 2022 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type, Application & Region |
Frequently Asked Questions
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What value is the studio headphones market expected to touch by 2031?
The studio headphones market is expected to touch USD 2490.47 million by 2031.
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What CAGR is the studio headphones market expected to exhibit by 2031?
The studio headphones market is expected to exhibit a CAGR is to be 5.6% by 2031.
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Which are the driving factors of the studio headphones market?
Improvements in build quality of headphones boosts market growth and introduction of wireless headphones fuels market to grow are the driving factors of the studio headphones market.
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Which are the top companies operating in the studio headphones market?
Beyerdynamic, Sennheiser, AKG, Grado, Audio-Technica, Beats, KOSS, Sony, Pioneer, Shure, Samson Technologies, Denon, are the top companies operating in the studio headphones market