Vancouver, BC -- (SBWIRE) -- 04/20/2021 -- The global speaker driver market size is expected to reach USD 31.18 Billion and register a CAGR of 2.3% during the forecast period, according to latest analysis by Emergen Research. Key market revenue growth driving factors include increasing use of consumer electronics such as televisions, smartphones, smart watches, washing machines, smart televisions etc. In addition, rapid adoption of online audio and video streaming services is another factor driving revenue growth of market. Rising disposable income among consumers, improving standards of living, rapid urbanization, and robust penetration of mobile phones and high-speed and reducing costs of Internet connectivity are some other factors supporting market growth. Introduction of airpods has a significant role to play in growth of market.

The Speaker Driver market research for the forecast period, 2020 to 2028 cannot be underestimated for the reason that it offers a real-time data on the target market; identifies customer problems and outlines the immediate competitors. The simplified document speaks about how company owners plan to keep up with the market trends.

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Some Key Highlights from the Report
In September 2020, CX 400BT True Wireless was launched by Sennheiser, and delivers high fidelity stereo sound with natural meds and deep bass due to the presence of 7mm dynamic driver.
In May 2020, HD 458BT wireless headphones was launched by Sennheiser with a stylish new design.
Asia Pacific accounted for largest revenue share contribution to the global market in 2020 and the trend is expected to continue over the forecast period. This steady growth can be attributed to presence of key players in countries in the region. China, being the largest producer and consumer of electronics, is a major contributor to revenue growth of the market in the region. Moreover, rising disposable income, increasing penetration of mobile devices, and rapid development of 5G infrastructure in countries such as India, South Korea, China, and Japan is expected to support market growth.
Major companies operating in market are Sennheiser Electronic GmbH & Co. KG, Samsung Electronics, Sony Corporation, Knowles Electronics, Goertek, Beyerdynamic GmbH & Co. KG, Fostex International, Eastech, Voz Electronic Co., Ltd., and Fortune Grand Technology inc.

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Important Points Mentioned in the Speaker Driver Market Study
Manufacturing Analysis: The report initially analyzes the various segments of the market in a brief manner, which includes product types, applications, and so on. Further, the report consists of a separate section wherein an in-depth analysis of the manufacturing process has been provided which has been verified thorough primary information collected by experts of reputed industries as well as the industry analysts.
Sales and Revenue Estimation: By applying several top-down and bottom-up approaches on the previous years' sales and revenue data as well as the present market scenario, the analysts have anticipated the market growth and size in major geographies. The report further includes an all-inclusive study on the applications and end-user industries participating in the market. Furthermore, the report provides crucial data on the regulatory policies and guidelines, as well as the macro-economic factors, that determine the evolution of the market along with predictive analysis.
Demand & Supply Assessment: The report further offers key information on the manufacturing and cost analysis, consumption ration, import/export factors, and product and service distribution.
Competitiveness: The report provides crucial data based on the company profile, product portfolio, product and service cost, potential, and sales and revenue generated by the key pioneers and other leading companies.

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Device Type Outlook (Revenue, USD Billion; 2018–2028)
Headphones/Earphones
Hearing Aids
Smart Speakers
Mobile Phones/Tablets
Loudspeakers

Size Outlook (Revenue, USD Billion; 2018–2028)
Below 20 mm
20–110 mm

Application Outlook (Revenue, USD Billion; 2018–2028)
Professional/Enterprise
Consumer
Medical
Others (banking, travel and tourism, hospitality, and education)

Regional scope: - North America; Europe; Asia Pacific; Central & South America; MEA

Here are the questions we answer...
What are the future opportunities in store for the vendors operating in the Speaker Driver market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Speaker Driver market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2028?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Speaker Driver market growth worldwide?

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Table of Content
Chapter 1. Speaker Driver Market Methodology & Sources
1.1. Speaker Driver Market Definition
1.2. Speaker Driver Market Research Scope
1.3. Speaker Driver Market Methodology
1.4. Speaker Driver Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2028
Chapter 3. Speaker Driver Market Key Insights
Chapter 4. Speaker Driver Market Segmentation & Impact Analysis
Chapter 5. Speaker Driver Market By Products Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Speaker Driver Market By Types Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Speaker Driver Market By Applications Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Speaker Driver Market By End Use Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 9. Speaker Driver Market Regional Outlook
Chapter 10. Competitive Landscape
Continued…