“Global Noise Cancelling Headphones Market to reach a market value of USD 41.6 Billion by 2031 growing at a CAGR of 12.9%”
The Global Noise Cancelling Headphones Market size is expected to reach $41.6 billion by 2031, rising at a market growth of 12.9% CAGR during the forecast period. In the year 2023, the market attained a volume of 10,536.31thousand units, experiencing a growth of 28.7% (2020-2023).
North American consumers are early adopters of technology and prioritize innovation, functionality, and performance in purchasing decisions. Noise cancelling headphones appeal to tech-savvy individuals who value cutting-edge features such as active noise cancellation, wireless connectivity, and customizable audio settings. Many North Americans have busy lifestyles that involve frequent travel, daily commuting, and exposure to noisy environments such as airports, public transit, and urban areas. Noise cancelling headphones offer these consumers a solution to block out unwanted ambient noise, enhancing comfort, concentration, and enjoyment during travel and daily activities. Thus, the North America region acquired 35% revenue share in the market 2023. In terms of volume, the North America region is expected to utilize 125,603.86 thousand units of noise cancelling headphones by 2031.
The major strategies followed by the market participants are Product Launches as the key developmental strategy to keep pace with the changing demands of end users. For instance, In 2024, June, Audio-Technica unveiled the ATH-S300BT wireless headphones featuring hear-through noise-cancellation with three modes, multipoint Bluetooth pairing, and an impressive 90-hour battery life. They support Bluetooth 5.1, SBC, and AAC codecs, offer low-latency mode for gaming, and include a 3.5 mm audio jack for continuous use. Additionally, In February, 2024, Sennheiser released the ACCENTUM Plus wireless headphones in India with hybrid ANC, 37mm audio drivers, and up to 50 hours of battery life. They feature Sound Personalization, Adaptive ANC, touch controls, and connectivity options including Bluetooth 5.2, USB Type-C, and 3.5mm jack, supported by the Smart Control app.
Based on the Analysis presented in the KBV Cardinal matrix; Apple, Inc. is the forerunner in the Noise Cancelling Headphones Market. Companies such as Samsung Electronics Co., Ltd., Sony Corporation and Sennheiser Electronic GmbH & Co. KG are some of the key innovators in Noise Cancelling Headphones Market. In December, 2020, Apple released the AirPods Max, featuring custom acoustic design, H1 chips for computational audio, and modes like Adaptive EQ, Active Noise Cancellation, Transparency mode, and spatial audio. It boasts a 20-hour battery life, stainless steel headband, and a Digital Crown for controls.
Mobile lifestyles and the popularity of portable devices such as smartphones, tablets, and laptops have increasingly driven the demand for personal audio solutions. Noise cancelling headphones allow users to enjoy high-quality audio and immersive listening experiences in various settings without disturbance from external noise.
Additionally, awareness is growing regarding the detrimental effects of noise pollution on physical and mental health. Prolonged exposure to high levels of ambient noise can lead to stress, anxiety, sleep disturbances, and even hearing loss. Thus, increasing awareness of noise-related health issues propels the market's growth.
Noise cancelling headphones are generally priced higher than traditional headphones due to the advanced technology required for active noise cancellation (ANC). This higher cost can be prohibitive for budget-conscious consumers, limiting the market to those willing to invest more in premium audio products.
Based on product, the noise canceling headphones market is divided into on-ear and over ear. The on-ear segment attained 26% revenue share in the noise cancelling headphones market. In terms of volume 117,177.92 thousand units of noise canceling headphones are expected to be utilized by 2031. Manufacturers have enhanced the design of on-ear headphones with improved ergonomics, softer ear cushions, and adjustable headbands to enhance comfort and reduce pressure on the ears during prolonged use.
On the basis of type, the market is segmented into wired and wireless. The wireless segment recorded 87% revenue share in the market in 2023. In terms of volume 272,698.15 thousand units of noise cancelling headphones are expected to be utilized by 2031. Wireless headphones eliminate the need for cumbersome cables, offering users greater freedom of movement and convenience.
By application, the market is divided into gaming, virtual reality, music & entertainment, and others. The gaming segment procured 27% revenue share in the market. In terms of volume 104,708.76 thousand units of noise cancelling headphones are expected to be utilized by 2031. in 2023. Many Noise Cancelling Headphones for gaming come equipped with high-quality microphones and noise-cancelling technology.
Based on distribution channel, the market is divided into online and offline. The offline segment attained 52% revenue share in the market in terms of volume offline distribution is expected to sale 180,809.36 thousand units of noise cancelling headphones by 2031. in 2023. Offline retail stores provide a personalized shopping experience where customers can interact directly with products, receive expert advice from sales staff, and make informed purchasing decisions based on physical product demonstrations and trials.
Free Valuable Insights: Global Noise Cancelling Headphones Market size to reach USD 41.6 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Asia Pacific region generated 31% revenue share in the market. In terms of volume, the Asia Pacific region is expected to utilize 128,637.69 thousand units of noise cancelling headphones by 2031. Asia-Pacific is home to leading technology hubs and manufacturers that drive innovation in consumer electronics, including headphones.
The Noise Cancelling Headphones market is fiercely competitive, driven by technological advancements and consumer demand for immersive audio experiences. Key attributes include active noise cancellation (ANC) effectiveness, audio quality, comfort, battery life, and design aesthetics. Major players like Sony, Bose, and Sennheiser dominate with innovative features such as adaptive noise cancellation and smart assistants’ integration. Market growth is fueled by increasing travel and remote work trends, emphasizing the importance of superior noise reduction and audio performance in headphones.
Report Attribute | Details |
---|---|
Market size value in 2023 | USD 15.9 Billion |
Market size forecast in 2031 | USD 41.6 Billion |
Base Year | 2023 |
Historical Period | 2020 to 2022 |
Forecast Period | 2024 to 2031 |
Revenue Growth Rate | CAGR of 12.9% from 2024 to 2031 |
Quantitative Data | Volume in Thousand Units, Revenue in USD Billion, and CAGR from 2020 to 2031 |
Number of Pages | 396 |
Number of Tables | 832 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
Segments covered | Product, Type, Distribution Channel, Application, Region |
Country scope |
|
Companies Included | Bose Corporation, Audio-Technica Corporation, Sony Corporation, Sennheiser Electronic GmbH & Co. KG, Samsung Electronics Co., Ltd. (Samsung Group), Koninklijke Philips N.V., Apple, Inc., Logitech International S.A and Shenzhen Grandsun Electronic Co., Ltd. |
By Product (Volume, Thousand Units, USD Billion, 2020-2031)
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
By Application (Volume, Thousand Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
This Market size is expected to reach $41.6 billion by 2031.
Rising demand for personal audio solutions are driving the Market in coming years, however, High cost of noise cancelling headphones restraints the growth of the Market.
Bose Corporation, Audio-Technica Corporation, Sony Corporation, Sennheiser Electronic GmbH & Co. KG, Samsung Electronics Co., Ltd. (Samsung Group), Koninklijke Philips N.V., Apple, Inc., Logitech International S.A and Shenzhen Grandsun Electronic Co., Ltd.
In the year 2023, the market attained a volume of 10,536.31thousand units, experiencing a growth of 28.7% (2020-2023).
The Over Ear segment is leading the Market by Product in 2023; thereby, achieving a market value of $29.8 billion by 2031.
The North America region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $14.2 billion by 2031.
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.