Arizton’s recent market research report on the global pro headphones market covers market sizing and forecast, market share, industry trends, growth drivers, and vendor analysis.
The growing transformation of earphones and headphones from sound isolators to protective hearing devices is one of the key factors aiding the pro headphones market.
The increasing strategic partnership between musicians and audiologists is another major area of opportunity for professional headphones vendors in the market. Musicians and audiologists play a vital role in the development of professional audio equipment market. The pro headphones market often requires the advice of audiologists for health and regulatory adherences. Therefore, the growing collaboration between these players is contributing to the growth of the pro headphones market.
Countries such as the US, the UK, Germany, and France are transforming into hubs for such events and concerts. The US alone has witnessed considerable growth in the live music industry and is set to continue in the coming years as well. Hence, the increase in musical events and concerts across the world is expected to boost the market demand for pro audio solutions, including professional headphones during the forecast period.
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Pro Headphones Market: Segmentation
This research report includes detailed market segmentation by product type, connectivity, operating principle, end-use, distribution channel, and geography. Advancements in audio technology along with capabilities to cancel unwanted noise, eliminate sound leakage, and control ambient sound have led to the development of over-ear models. The presence of features such as hi-fidelity sound and a high level of noise isolation is creating a buzz for professional headphones in the market. As over-ear professional devices have less impact on the eardrum due to the large cup size, they are considered safe. North America dominates the over-ear pro headphones market.
In-ear models are offering high portability in wearing and are compact and convenient to carry. The on-ear headphone has witnessed an increase in demand recently due to technological advancements, which have improved their sound quality. The market has seen a surge in the number of vendors that have added new models of on-ear devices to their portfolio. On-ear models are finding an emerging consumer base among audiophiles. Wired professional headphones dominate the market as professional artists and technicians widely use them due to the high-quality audio transmission. Technological improvements in wired professional devices offer high-fidelity sound at relatively affordable prices. Some vendors have also included control buttons positioned at the upper end of the wire, which is targeted to increase the penetration in the individual consumer segment, including audiophiles. North America dominated the wired pro headphones market in 2018. The presence of a large number of recording studios and an increasing number of live events and concerts are the significant factors contributing to the dominance of North America.
In terms of designs, the professional headphones market is categorized into an open ear and closed ear models. The closed-back headphone is widely used by vocalists and instrument players while singing or playing over the backing track, and there is no scope for sound leakage or bleeding. The market share of closed headphone is growing as they offer the user maximum sound isolation, which increases their application in the process of recording tracks in studios, performing alongside other instruments in a studio setup, as well as monitoring reference music.
The studio and recording segment constituted the largest of the share of the pro headphones market in 2018. Professional headphones remain crucial in studio and recording applications as they are used for mixing, mastering, referencing, monitoring, and producing music at an optimal sound level. The boom in the recorded music market is attributed to the growth in the investments on the vibrant artists across the globe. Streaming has remained one of the key growth drivers for the global recorded music industry. Further, the rise in the paid streaming-music services is another driver for the growth of the recorded music industry.
Retail and online are two major distribution channels in the pro headphones market. A majority of the revenue comes from the retail distribution channel such as AV system integrators, pro-AV and electronics stores, and pro AV dealers and distributors. However, the availability of pro headphones through online OEMs’ e-commerce portals and online direct-to-consumer stores is growing.
Pro Headphones Market: Geography
In APAC, Japan and South Korea are the largest professional headphones markets. However, countries such as China and India are expected to drive market growth in the region. Europe accounted for 24.62% of market shares in terms of revenue in 2018. The demand for new professional headphones in the market is growing, while upgrades and replacements among individual consumers are also driving the market growth. Further, Western European economies are witnessing maturity and product saturation, as there is low product differentiation in the market.
The market growth in Latin America was fueled by the Summer Olympics 2016 and the carnivals in Brazil. The increasing popularity of Latin music in other parts of the world has also propelled the market growth of the music industry. However, political unrest in Venezuela, economic dwindling of Brazil’s economy, and natural disasters would affect the market growth in the live event and concerts segments in the region.
In MEA, the concept of concerts and live music has not gained popularity yet. Thus, the market demand and penetration are low in these regions. However, significant events such as the 2020 Dubai Expo in the UAE and the 2022 FIFA World Cup in Qatar are expected to propel the market growth during the forecast period. With many vendors expanding their operations in these countries for market share, the demand for professional headphones will grow during the forecast period. MEA is likely to account for 6.17% market shares in terms of revenue in 2024.
Key Countries
• Argentina
• Australia
• Benelux
• Brazil
• China
• France
• Germany
• India
• Italy
• Japan
• Mexico
• Scandinavia
• South Africa
• UAE
• UK
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Key Vendor Analysis
The global pro headphones market is highly competitive for vendors. The market remains mostly concentrated as the leading three key vendors constitute most revenue, with the growing influx of small and medium-sized vendors worldwide. Continuous variations in customer demands worldwide and a consistent need for technological enhancement in product offerings are driving vendors to refine and modify their unique value propositions. The growth of vendors in the market also depends on market conditions, technological innovations, and industry development. Therefore, vendors must expand their geographical presence while reviving domestic demand to achieve sustained growth. A majority of key leading vendors are focused on the European and North American markets. Thus, to capitalize on the increasing demand from the region such as APAC, Latin America, and MEA, these players are increasing geographical presence.
Key Vendors
• Audio-Technica
• Sennheiser
• Shure
Other prominent vendors include ADAM Audio, Adam Hall Group, AKG (Samsung), Astell&Kern, Audeze, Audio2000’S, Behringer, Beyerdynamic, BGVP, CAD Audio, CharterOak Acoustic Devices, Direct Sound, Fearless Audio, Flare Audio, Focal Spirit Professional, Grado, Hear Technologies, HiFiMan, inMusic, JH Audio, JTS Professional, Koss, Loud Audio, Meze Audio, Nady systems, Pioneer, Prodipe, RHA, Roland, Samson Technologies, Sensaphonics, Sony, Takstar, TEAC, Tin HiFi, Ultrasone, Westone Laboratories, Yamaha, Zound Industries (Marshall)
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