Dublin, Sept. 18, 2019 (GLOBE NEWSWIRE) -- The "Sports Headphones Market - Global Outlook and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The Sports Headphones Market is expected to grow at an impressive CAGR of over 14% during 2018-2024.

The growing market for fitness clubs and the rising number of actively engaged gym and fitness enthusiasts are expected to drive the growth of the global sports headphones market.

Vendors offer smart sports headphones models that are resistant to water and sweat, provide extra comfort, and fit appropriately during workouts and stream the music to the user. Advancements in audio technology, designs, and manufacturing are driving the global sports headphones market.

The inclusion of biometric sensors, ergonomic design, high-noise cancellation feature, the increased latency of wireless headphones, and an in-line mic with playback controls is playing a vital role in the growth of the global sports headphones market.

The prominent factors that are expected to contribute to the growth of the sports headphones market during the forecast period:

• Maximization of the audio quality and features
• The transition of headphones to hearables in the connected environment
• Adoption of modern and advanced technologies for product enrichment
• Innovations in audio technology and headphone manufacturing

Market Segmentation

This market research report includes detailed market segmentation by product, features, technology, distribution channel, and geography. In-ear sports headphone models are highly popular in the market as they are feature-rich and lightweight. With the introduction of true wireless headphones, the revenue share of in-ear devices has risen steeply in recent years in the sports headphones market.

The development in audio technology and the entry of new vendors, which offer models with features such as removable and washable earpads and an ergonomic fit, are likely to drive the demand of on-ear sports headphones. Also, the increasing price of over-ear models is auguring well for the growth of the on-ear sports headphones market.

The high adoption of true wireless headphones is expected to drive the smart sports headphones market during the forecast period. Non-smart sports headphones are likely to observe slow growth during the forecast as the segment is experiencing stagnation worldwide.

The incorporation of innovative technology such as active head tracking, 3D surround sound delivery, and onboard storage in wireless sports models is expected to drive the growth of the wireless sports headphones. Besides, the increased integration of wireless devices with home entertainment systems is another important factor driving the global sports headphones market.

True wireless sports headphones have been positioned a notch above standard wireless models as they have capabilities to provide users with better hearing level and higher control over surrounding sound. The wired sports headphones segment is highly popular in emerging countries, given their competitive pricing. Although the segment has been dominating the market for a long period, wired ones are witnessing decline due to the growing adoption of wireless ones among consumers.

The increasing number of OEMs' e-commerce portals and online direct-to-consumer stores such as Amazon, eBay, Best Buy, Alibaba, and JD.com is contributing to the growth of the online segment in the global market. Several leading vendors are promoting the concept and use of Bluetooth devices and technology through social media channels, thereby attracting the maximum number of consumers in the market.

The availability of a wide range of products is fueling the growth of online distribution channels in the global market. Specialty stores such as Apple Stores, Bose Stores, and Harman Lifestyle Showrooms are attracting the maximum number of consumers in the retail segment in the market. Several vendors from the UK and the US are selling their finished products in electronic stores, supermarkets & hypermarkets, or online stores, which is contributing to the growth of the segment. Walmart, Costco, Sears, Home Depot, Best Buy, and Target are some of the leading players in the retail space.

Key Vendor Analysis

The increasing penetration of smartphones and connected mobile devices to stream the content online during sports and fitness activities will boost the sports headphones market. With a keen eye on the changing market landscape, vendors are incorporating several smart features in headphones, with secure fit being the focal point. There is a high demand for entry-level sports headphones in developing countries; local manufacturers currently meet this demand to a large extent.

There is also a significant demand for specialized, high-end, better sound quality devices, which are catered by specialized brands such as Bose, Sony, Beats, JBL, Anker, and Sennheiser. Further, the emergence of innovative technologies across industries is expected to have a profound impact on product design, development, manufacturing, marketing, sales, aftersales, thereby offering seamless and customized consumer experience.

Key Vendors

• Samsung
• Sony
• Sennheiser

Other Prominent Market

• Anker Innovations
• Apple
• Audio-Technica
• Bang & Olufsen
• Boat
• Bragi
• Cowin
• Creative
• Denon
• Gonoise
• Huawei
• Jabra
• Jaybird, Bose
• Jays
• JLab
• Motorola Mobility (Lenovo)
• Philips
• Pioneer
• Plantronics
• Skullcandy
• Sol Republic
• Toshiba
• Under Armour
• Urbanista
• Xiaomi
• Zound Industries
  

Key Topics Covered

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance

7 Introduction
7.1 Overview
7.2 Health Concerns Due to Prolonged Headphone Usage

8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Rising Demand from Fitness Enthusiasts
8.1.2 Innovations in Audio Technology & Headphones Manufacture
8.1.3 Consumers' Tendency To Own Several Headphones
8.2 Market Growth Restraints
8.2.1 High Competition from Standard Headphones
8.2.2 High Prevalence of Counterfeit Products
8.3 Market Opportunities & Trends
8.3.1 Maximizing Audio Quality & Features While Reducing Bulk
8.3.2 Transition of Headphones to Hearables in Connected Environment
8.3.3 Adoption of Newer Technologies for Product Enrichment

9 Global Sports Headphones Market
9.1 Market Overview
9.1.1 Key Highlights
9.2 Market Size & Forecast (Revenue & Units)
9.3 Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry

10 By Product Type
10.1 Market Snapshot & Growth Engine
10.2 Market Overview
10.2.1 Sports Headphones Market by Type (Revenue & Units)
10.3 In-ear Sports headphones
10.3.1 Market Size & Forecast (Revenue & Units)
10.3.2 Market by Geography
10.4 On-ear Sports headphones
10.4.1 Market Size & Forecast (Revenue & Units)
10.4.2 Market by Geography

11 By Features
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.2.1 Sports Headphones Market by Type (Revenue & Units)
11.3 Smart Sports headphones
11.3.1 Market Size & Forecast (Revenue & Units)
11.3.2 Market by Geography
11.4 Non-smart Sports headphones
11.4.1 Market Size & Forecast (Revenue & Units)
11.4.2 Market by Geography

12 By Technology
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.2.1 Sports Headphones Market by Technology (Revenue & Units)
12.3 Wired Sports headphones
12.3.1 Market Size & Forecast (Revenue & Units)
12.3.2 Market by Geography
12.4 Wireless Sports headphones
12.4.1 Market Size & Forecast (Revenue & Units)
12.4.2 Market by Geography
12.5 True Wireless Sports headphones
12.5.1 Market Size & Forecast (Revenue & Units)
12.5.2 Market by Geography

13 Distribution Channel
13.1 Overview
13.2 Manufacture, Production, And Distribution
13.3 Distribution Through Retail Stores
13.4 Distribution Through Online Websites

14 By Geography

For more information about this report visit https://www.researchandmarkets.com/r/2r6ctf

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: ResearchAndMarkets.com
         Laura Wood, Senior Press Manager
         press@researchandmarkets.com
         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900