According to a new report, published by KBV research, The Global Noise Cancelling Headphones Market size is expected to reach $41.6 billion by 2031, rising at a market growth of 12.9% CAGR during the forecast period. In the year 2023, the market attained a volume of 10,536.31thousand units, experiencing a growth of 28.7% (2020-2023).
The Over Ear segment is leading the Global Noise Cancelling Headphones Market by Product in 2023; thereby, achieving a market value of $29.8 billion by 2031. Over-ear headphones typically feature larger ear cups surrounding the ears, providing superior comfort compared to on-ear or in-ear alternatives. The cushioned ear pads distribute pressure more evenly around the ears, reducing fatigue during extended listening sessions. This comfort is particularly valued by users who wear headphones for long periods, such as professionals, gamers, and frequent travelers.
The Wired segment is anticipating a CAGR of 14.5% during (2024 - 2031). Wired headphones traditionally offer superior audio fidelity and stability compared to their wireless counterparts. They transmit audio signals through physical cables, minimizing latency and potential interference, which results in clear, uninterrupted sound quality preferred by audiophiles, musicians, and professionals in audio-intensive fields.
The Music & Entertainment segment dominated the Global Noise Cancelling Headphones Market by Application in 2023; thereby, achieving a market value of $16.7 billion by 2031. In music production studios and professional audio environments, noise cancelling headphones are essential for critical listening, mixing, and mastering tasks. Their ability to isolate external noise ensures accurate monitoring of audio recordings and allows producers, musicians, and sound engineers to discern subtle nuances in sound quality and performance.
The Online segment would overtake the Offline market by 2031, thereby achieving a market value of $21.1 billion by 2031, growing at a CAGR of 13.9% during (2024 - 2031). Online shopping offers unparalleled convenience, allowing consumers to browse, compare, and purchase products anytime, anywhere, using their computers, smartphones, or tablets. This accessibility is particularly appealing for busy individuals who prefer to shop from the comfort of their homes or on the go without visiting physical stores.
Full Report: https://www.kbvresearch.com/noise-cancelling-headphones-market/
The North America region dominated the Global Noise Cancelling Headphones Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $14.2 billion by 2031. The Asia Pacific region is experiencing a CAGR of 13.5% during (2024 - 2031). Additionally, The Europe region would exhibit a CAGR of 12.5% during (2024 - 2031).
By Product (Volume, Thousand Units, USD Billion, 2020-2031)
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
By Application (Volume, Thousand Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
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