Clip-On Headphones Market to Reach Valuation of USD 165.6 Billion by 2028 – Increasing Inclination towards Music Drives the Market

Vantage Market Research

Jul 18, 2022

In terms of revenue, the Global Clip-On Headphones Market is expected to reach USD 165.6 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 15.6% from 2022 to 2028.

In the 21st century, the demand for smartphones has increased rapidly, and the auxiliary equipment needed for smartphones has also increased. In addition, innovation in headphones has created a massive demand among the younger generation. As a result, intelligent headphones, clip-on headphones, air pods (Bluetooth-operated headphones), and others are gaining immense popularity. Thus, the increasing demand and inclination toward music are expected to boost the Clip-On Headphones Market.

Key Highlights from Report:

  • The Wired sub-segment, of the Technology segment, is anticipated to dominate the Clip-On Headphones Market. The increasing use of Wired headphones and the cost-effectiveness of the device expected the part to flourish during the forecast period.

  • The Personal Use sub-segment, of the Application segment, accounted for the largest market share in 2021 for the Clip-On Headphones Market. This segment is expected to flourish owing to the increasing usage of headphones for personal use. In addition, most youngsters are inclined towards music and games.

  • Europe is the largest regional segment. This surge is attributed to the rising demand for headphones in developed economies such as the U.S. and Canada.

Market Dynamics:

In the past few years, the tendencies of sound production caused an increase in the loudness of sound for communication, particularly for musical recordings. Many radio stations, as well as record companies, have applied increasing amounts of dynamic range compression and other means of the recording process to be perceived in today's noisy world. Radio stations may adjust the dynamic ranges to trade off a louder sound, attracting listeners searching for a station. Thus the demand for clip-on headphones has gained colossal potential. In the coming years, the market is expected to increase owing to an increase in the younger population.

Europe is expected to dominate the Global Clip-On Headphones Market in 2021 and is likely to continue the same trend during the forecast period. An increase in key manufacturing players and high investment made by manufacturing countries such as China & India will likely generate demand for this market soon.