The Headphone Manufacturing industry has grown over the five years to 2018, as the industry has been able to counter high import penetration through increased investment in premium products and a rapid expansion in the market for Bluetooth wireless headphones. Additionally, the rising direct and hidden costs of producing in China have incentivized many small- to medium-sized companies that design and market headphones to source their products from the United States. IBISWorld expects the Headphone Manufacturing industry will stagnate somewhat over the five years to 2023, as the wireless headphone market levels off after experiencing rapid growth during the current period. Although the industry will benefit from reduced imports and increased exports as the dollar depreciates, the continued high level of import penetration will nevertheless temper industry revenue.
This industry includes manufacturers of headphones, earphones, earbuds and noise-canceling headphones in the United States. Headphones are connected to signal sources like audio amplifiers, radios, CD players, portable media players or cell phones.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook