The global sports earbuds market is set to gain traction from the expansion of the sports industry. This information is given by Fortune Business Insights™ in an upcoming report, titled, “Sports Earbuds Market Size, Share & Industry Analysis, By Price (Less than 50 USD, Between 50-100 USD, Above 100 USD), By Technology (Wired, Wireless, Wire-free), By Distribution Channel (E-Commerce, Retail Store) and Regional Forecast, 2022-2029.” The report further states that music is capable of helping sportspersons to perform better while exercising or practicing. Hence, it would surge the demand for sports earbuds worldwide.
The emergence of the COVID-19 pandemic across the globe has halted the production process of several industries. China, being one of the major hubs for components and raw materials, is under complete lockdown. It is further causing disruptions in the supply chain for many. Few companies are following sanitization and social distancing measures to resume operations. Our reports would provide elaborate details about the effects of this pandemic on every market.
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Fortune Business Insights™ lists out the names of all the reputed sports earbuds manufacturers operating in the global market. They are as follows:
- JBL Inc.
- Sony Corp
- Skullcandy Inc.
- Philips AG
- Samsung Electronics Co., Ltd.
- Shure Inc.
- Other renowned players
This Report Answers the Following Questions:
- Which segment is set to dominate the market in the coming years?
- Which company would procure the highest revenue in the near future?
- How will key companies surge sales of sports earbuds amid COVID-19?
- What are the estimated, historical, and current sizes of the global market?
Drivers & Restraints-
Rising Demand for Audiobooks to Augment Growth
The Centers for Disease Control (CDC) stated that in the U.S., approximately 23% of the population is recommended to exercise every week. Also, the increasing demand for audiobooks amongst the masses for listening to their favorite books while exercising is a vital factor that is set to drive the sports earbuds market growth in the forthcoming years. Apart from that, sports earbuds enable the user to take calls without having to touch their smartphones while performing physical activities. However, the high pitch sound coming through the sports earbuds can result in loss of hearing. This factor may hamper growth.
Presence of Sony, Huawei, & Samsung to Boost Growth in Asia Pacific
Geographically, North America is anticipated to dominate in the coming years by generating the largest sports earbuds market share. This growth is attributable to the increasing engagement of people in health and fitness activities. Besides, the presence of a large number of social media influencers in this region would bolster the demand for sports earbuds as they usually promote such products online.
Asia Pacific, on the other hand, is anticipated to grow significantly backed by the increasing number of technological firms, such as Huawei, Samsung, and Sony in this region. These firms are in the leading positions for the manufacturing of cost-effective and high-quality products. Additionally, the rising availability of such products even in the rural areas because of globalization is set to affect growth positively.
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Key Players Focus on Unique Product Launches to Satiate Consumer Demand
The global market for sports earbuds is highly fragmented with the presence of a large number of companies. Each one of them is striving persistently to introduce state-of-the-art products for fulfilling the high demand from their consumer bases, especially the youngsters.
The Global Sports Ear Buds Market Research/Analysis Report Contains Answers to your following Questions:
- Which Manufacturing Technology is used for Sports Ear Buds ? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Sports Ear Buds Market? What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Sports Ear Buds Market? What Was Capacity, Production Value, Cost and PROFIT of Sports Ear Buds Market?
- What Is Current Market Status of Sports Ear Buds Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Sports Ear Buds Market Trends by Taking Applications and Types in Consideration?
- What Are Projections of Global Sports Ear Buds Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Sports Ear Buds Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Sports Ear Buds Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Sports Ear Buds Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Sports Ear Buds Industry?
Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
Below are two of the most recent industry developments:
- August 2020: JLab Audio unveiled a new technology called Smart ANC™ in its latest Epic Air ANC products. This novel technology helps in removing the feeling of eardrum suction that some people face with ANC products.
- June 2020: boAt lifestyle launched its Airdopes 511V2 portable True Wireless earbuds. They are meant for the youthful consumer base. It is equipped with the company’s Insta Wake n Pair (IWP) technology that lets a user connect seamlessly.
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