Bone Conduction Headphones Market Size, Industry & Landscape Outlook, Revenue Growth Analysis to 2028
According to Reports and Data, the bone conduction headphones market was valued at USD 224.3 Million in 2020 and is anticipated to reach up to USD 985.3 Million by 2028 at a CAGR of 20.4%. This report covers the genre of science and technology with specific focus on Bone Conduction Headphones. Bone conduction is a procedure which carries sound to the inner ear through the bone of the skull. Bone conduction headphones work on the mechanism of carrying vibration. The headphones hear the sound and decode the soundwaves. Then it converts the soundwaves into vibrations that bypass the eardrums. The sound reaches the ears as vibrations through bones. This is especially useful because the headphones allow people to listen to the exterior noises along with the music. These headphones are known to be suitable for military and medical purposes as well thus, giving it a wider pool of population to target. Rising cases of hearing disorders, accidents due to the inability to listen to the ambient noise, etc. are the key factors driving the population towards this market. Several features such as long-lasting battery life and water resistance are the factors increasing demand for these headphones. However, uninterrupted and continuous usage of these headphones can cause long term damage as it puts pressure on the skin. According to several reports, it has also been known to cause major discomfort. Such problems act as the restraining factors of the market.
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The
key competitors of the market include,
Aftershokz, Marsboy, Panasonic, Audio Bone, INVISIO and Motorola
For
the purpose of this study, Reports and Data have classified the data into the
following segments on the basis of type and distribution channels and
application:
Type (Revenue, USD Million;
2020–2028)
- Wired Headphones- with microphone
- Wired Headphones- without microphone
- Wireless Headphones- with microphone
- Wireless Headphones- without microphones
Distribution channels (Revenue, USD
Million; 2020–2028)
- Online
- Speciality Stores
Application (Revenue, USD Million;
2020–2028)
- Military
- Sports
- Hearing Aid
- Other
Regions (Revenue, USD Million;
2020–2028)
- North America
- Europe
- Asia-Pacific
- Middle-east and Africa
- Latin America
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Further
Key Findings from the report suggest
- Rapid rise in hearing disabilities is a major
factor driving the market towards these gadgets. Over the years, there has
been a significant rise in hearing disorders among the people due to
change in lifestyles. Thus, these headphones form to be a solution to
several number of these problems.
- Several features such as long-lasting battery
life and water resistance are the factors increasing demand for these
headphones.
- Rising need and demand for BAHA (Bone Anchored
Hearing Aid) in the population is also a major driving factor.
- The versatility of application of these
headphones is one of the main attractions to the population. Variety
offered by the various companies such as wireless headphones, wired
headphones, and headphones with microphone, headphones without microphone
also attract a large chunk of population across the globe.
- Advancements in the technologies to make the
headphones available for a larger number people is an important factor
increasing demand for the same. For instance, AfterShokz recently launched
waterproof cone conduction headphones specially designed for swimmers.
- Continuous use of these headphone can put
pressure on the skin causing extreme discomfort. Incorrect choice of
headphones can also hamper one’s well-being as each type of headphone is
meant for a specific purpose. Thus, use of incorrect type of headphones
can lead to severe discomfort.
- According to several reports, it has also been
known to cause major discomfort. These problems pose to be the restraining
factors for the market.
- Lack of awareness in a major chunk of
population, however, plays against these markets. Asymmetric information
in population is a major challenge for this market.
- Availability of cheaper range of products has
made these headphones accessible to a large number of people.
Additionally, the availability of affordable Bone Conduction Headphones
manufactured by the leading players in order to remain competitive has
also bolstered the market growth in the Asia Pacific region.
- AfterShokz has been identified as the
dominating competitor in this market.
- The growing competition in e-commerce is
another factor fuelling the industry growth and market.
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know more about the report, click @ https://www.reportsanddata.com/report-detail/bone-conduction-headphones-market
Market
Scenario, Size, and Forecast:
The
report covers macro and micro-economic factors that are anticipated to affect
market growth and dynamics. Along with this, the report also offers insights
into the social, political, economic, and legal aspects that are anticipated to
influence the growth of the market. Moreover, the report provides a thorough
analysis of the size in terms of value and volume and offers an accurate
forecast of the market growth and expansion till 2027.
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