A speaker driver is a loudspeaker transducer that converts an electrical audio signal to sound waves. The increasing popularity of wireless earphones coupled with the growing demand of video and audio streaming services is the major driving factor for the speaker driver market growth. The rising penetration of smartphones and the rapid expansion of the 5G network across several countries is also triggering the demand for the speaker driver market.
MARKET DYNAMICS
Growing digitalization, increasing popularity of over-the-top (OTT) solutions, and the proliferation of high-speed internet plans at low cost have led to easy access to media services for entertainment purposes. This factor raises the demand for earphones, headphones, speakers, and other devices integrated with high-quality speaker drivers, which propelled the speaker driver market growth. Furthermore, advancements in wireless technology such as the new Bluetooth 5.2 and Wi-fi 6 and rapid increase in smartphone sales are expected to fuel the speaker driver market growth during the forecast period.
MARKET SCOPE
The "Global Speaker Driver Market Analysis to 2028"? is a specialized and in-depth study of the speaker driver industry with a special focus on the global market trend analysis. The report aims to provide an overview speaker driver market with detailed market segmentation as device type, driver type, size, application, and geography. The global speaker driver market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading speaker driver market players and offers key trends and opportunities in the speaker driver market.
MARKET SEGMENTATION
The global speaker driver market is segmented on the basis of device type, driver type, size, application. On the basis of device type the market is segmented as headphones/earphones, hearing aids, smart speakers, mobile phones/tablets, loudspeakers. On the basis of driver type the market is segmented as dynamic drivers, balanced armature drivers, planar magnetic, electrostatic, others. On the basis of size the market is segmented as below 20 mm, 20?"110 mm, others. On the basis of application the market is segmented as consumer, professional/enterprise, medical, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global speaker driver market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The speaker driver market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting speaker driver market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the speaker driver market in these regions.
MARKET PLAYERS
The reports cover key developments in the speaker driver market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Speaker driver market are anticipated to lucrative growth opportunities in the future with the rising demand for speaker driver in the global market. Below mentioned is the list of few companies engaged in the speaker driver market.
The report also includes the profiles of key speaker driver companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Beyerdynamic GmbH and Co. KG
- Concraft Holding Co. Ltd.
- Eastech Holding Limited
- Fostex International
- Goertek
- Knowles Electronics, LLC
- Merry Electronics Co. Ltd.
- SAMSUNG
- Sennheiser electronic GmbH and Co. KG
- Sony Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.