The global demand for Bone Conduction Headphones Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Units in 2019 and foreseen to touch XX Kilo Units by 2026 with a CAGR of XX% during 2020-2026.
Bone conduction headphone is a hearing aid technology that relies upon the sound being sent and vibrations on the bones of the head and the jaw. The sounds from the earphones sidestep the eardrum and transfers sound to the inward ear. These are very comfortable to wear, produce adequate sound quality, and help hearing loss. They are also potentially beneficial for tinnitus sufferers as they allow ambient sounds to enter the ear drum.
The growing incidences of hearing disabilities among the people and the evolving versatility of application are factors propelling bone conduction headphone demand worldwide. Around 466 million individuals worldwide suffer hearing loss, and 34 million of these are children. It is projected that by 2050 over 900 million people will have disabling hearing loss. Advancement in terms of battery life and water resistance are the factors increasing demand for these headphones. Lack of awareness is a significant part of the population; however, it hinders these markets. The current study suggests an 83% gap in hearing aid needs and use. Only 17% of the individuals could benefit from the use of a hearing aid use one. Improving vocational rehabilitation services and access to education and growing awareness about hearing loss is likely to stimulate the growth of the global bone conduction headphone market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of bone conduction headphones.
The entire bone conduction headphones market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Hearing Aid Field
This section covers regional segmentation which accentuates on current and future demand for bone conduction headphones market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Bone Conduction Headphones Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the bone conduction headphones market include Panasonic, AfterShokz, Marsboy, INVISIO, Audio Bone, Damson Audio, SainSonic, Motorola, Abco Tech, Kscat, Shenzhen Qili Industrial Co., Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.