Speaker Driver Market
Speaker Driver Market Forecasts to 2028 – Global Analysis By Device Type (Loudspeakers, Headphones/Earphones, Mobile Phones/Tablets, Smart Speakers, Hearing Aids), Size (20–110 mm, Below 20 mm), and By Geography
According to Stratistics MRC, the Global Speaker Driver Market is accounted for $25.90 billion in 2020 and is expected to reach $37.12 billion by 2028 growing at a CAGR of 4.6% during the forecast period. Growing popularity of bass-heavy headphones, increasing demand for consumer electronics, rising consumption of online audio and video streaming services, improving standards of living, rapid urbanization, and robust penetration of mobile phones and high-speed and cheaper internet connectivity are driving the market growth. However, harmful effects on the health of listeners may restrict the market growth.
The speaker driver is a device which converts an electrical audio signal into sound waves. It can also be known as a loudspeaker. As there has been a notable upsurge in the demand for wireless earphones among fitness aficionados, the fabrication of earphones has augmented, which in turn has led to a rise in demand for speaker drivers. Consumption of earphones and headphones for fitness actions beneath diverse ecological conditions, such as dust and rain, has influenced the producers to append durability to their products with a assured IPX rating- a security rating to propose safety against water and dust.
Based on the device type, the headphones/earphones segment is going to have lucrative growth during the forecast period, due to the rising demand for wireless headphones/earphones among consumers of varying age groups and introduction of airpods into the market.
By geography, Asia Pacific is going to have high growth during the forecast period, owing to robust infiltration of mobile devices, the presence of key players in the region, growing disposable income, and quick growth of 5G infrastructures in countries such as India, South Korea, China, and Japan.
Some of the key players in Speaker Driver Market include Eastech Holding Limited, Concraft Holding Co. Ltd., Sony Corporation, Voz Electronic co., ltd, Sennheiser electronic GmbH and Co. KG, Fostex International, Goertek, Samsung Electronics, Beyerdynamic GmbH and Co. KG, Knowles Electronics, LLC, AAC Technologies, Fortune Grand Technology inc, Merry Electronics Co. Ltd., Premium Sound Solutions, Audeze llc, Ole Wolff, Tymphany, and Sonion.
Driver Types Covered:
• Balanced Armature Drivers
• ElectroStatic
• Dynamic Drivers
• Planar Magentic
Device Types Covered:
• Loudspeakers
• Headphones/Earphones
• Mobile Phones/Tablets
• Smart Speakers
• Hearing Aids
Sizes Covered:
• 20–110 mm
• Below 20 mm
Applications Covered:
• Professional/Enterprise
• Consumer
• Medical
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Speaker Driver Market, By Driver Type
5.1 Introduction
5.2 Balanced Armature Drivers
5.3 ElectroStatic
5.4 Dynamic Drivers
5.5 Planar Magentic
6 Global Speaker Driver Market, By Device Type
6.1 Introduction
6.2 Loudspeakers
6.3 Headphones/Earphones
6.4 Mobile Phones/Tablets
6.5 Smart Speakers
6.6 Hearing Aids
7 Global Speaker Driver Market, By Size
7.1 Introduction
7.2 20–110 mm
7.3 Below 20 mm
8 Global Speaker Driver Market, By Application
8.1 Introduction
8.2 Professional/Enterprise
8.3 Consumer
8.4 Medical
8.5 Other Applications
8.5.1 Travel and Tourism
8.5.2 Hospitality
8.5.3 Banking
8.5.4 Education
9 Global Speaker Driver Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Eastech Holding Limited
11.2 Concraft Holding Co. Ltd.
11.3 Sony Corporation
11.4 Voz Electronic co., ltd
11.5 Sennheiser electronic GmbH and Co. KG
11.6 Fostex International
11.7 Goertek
11.8 Samsung Electronics
11.9 Beyerdynamic GmbH and Co. KG
11.10 Knowles Electronics, LLC
11.11 AAC Technologies
11.12 Fortune Grand Technology inc
11.13 Merry Electronics Co. Ltd.
11.14 Premium Sound Solutions
11.15 Audeze llc
11.16 Ole Wolff
11.17 Tymphany
11.18 Sonion
List of Tables
1 Global Speaker Driver Market Outlook, By Region (2019-2028) ($MN)
2 Global Speaker Driver Market Outlook, By Driver Type (2019-2028) ($MN)
3 Global Speaker Driver Market Outlook, By Balanced Armature Drivers (2019-2028) ($MN)
4 Global Speaker Driver Market Outlook, By ElectroStatic (2019-2028) ($MN)
5 Global Speaker Driver Market Outlook, By Dynamic Drivers (2019-2028) ($MN)
6 Global Speaker Driver Market Outlook, By Planar Magentic (2019-2028) ($MN)
7 Global Speaker Driver Market Outlook, By Device Type (2019-2028) ($MN)
8 Global Speaker Driver Market Outlook, By Loudspeakers (2019-2028) ($MN)
9 Global Speaker Driver Market Outlook, By Headphones/Earphones (2019-2028) ($MN)
10 Global Speaker Driver Market Outlook, By Mobile Phones/Tablets (2019-2028) ($MN)
11 Global Speaker Driver Market Outlook, By Smart Speakers (2019-2028) ($MN)
12 Global Speaker Driver Market Outlook, By Hearing Aids (2019-2028) ($MN)
13 Global Speaker Driver Market Outlook, By Size (2019-2028) ($MN)
14 Global Speaker Driver Market Outlook, By 20–110 mm (2019-2028) ($MN)
15 Global Speaker Driver Market Outlook, By Below 20 mm (2019-2028) ($MN)
16 Global Speaker Driver Market Outlook, By Application (2019-2028) ($MN)
17 Global Speaker Driver Market Outlook, By Professional/Enterprise (2019-2028) ($MN)
18 Global Speaker Driver Market Outlook, By Consumer (2019-2028) ($MN)
19 Global Speaker Driver Market Outlook, By Medical (2019-2028) ($MN)
20 Global Speaker Driver Market Outlook, By Other Applications (2019-2028) ($MN)
21 Global Speaker Driver Market Outlook, By Travel and Tourism (2019-2028) ($MN)
22 Global Speaker Driver Market Outlook, By Hospitality (2019-2028) ($MN)
23 Global Speaker Driver Market Outlook, By Banking (2019-2028) ($MN)
24 Global Speaker Driver Market Outlook, By Education (2019-2028) ($MN)
25 North America Speaker Driver Market Outlook, By Country (2019-2028) ($MN)
26 North America Speaker Driver Market Outlook, By Driver Type (2019-2028) ($MN)
27 North America Speaker Driver Market Outlook, By Balanced Armature Drivers (2019-2028) ($MN)
28 North America Speaker Driver Market Outlook, By ElectroStatic (2019-2028) ($MN)
29 North America Speaker Driver Market Outlook, By Dynamic Drivers (2019-2028) ($MN)
30 North America Speaker Driver Market Outlook, By Planar Magentic (2019-2028) ($MN)
31 North America Speaker Driver Market Outlook, By Device Type (2019-2028) ($MN)
32 North America Speaker Driver Market Outlook, By Loudspeakers (2019-2028) ($MN)
33 North America Speaker Driver Market Outlook, By Headphones/Earphones (2019-2028) ($MN)
34 North America Speaker Driver Market Outlook, By Mobile Phones/Tablets (2019-2028) ($MN)
35 North America Speaker Driver Market Outlook, By Smart Speakers (2019-2028) ($MN)
36 North America Speaker Driver Market Outlook, By Hearing Aids (2019-2028) ($MN)
37 North America Speaker Driver Market Outlook, By Size (2019-2028) ($MN)
38 North America Speaker Driver Market Outlook, By 20–110 mm (2019-2028) ($MN)
39 North America Speaker Driver Market Outlook, By Below 20 mm (2019-2028) ($MN)
40 North America Speaker Driver Market Outlook, By Application (2019-2028) ($MN)
41 North America Speaker Driver Market Outlook, By Professional/Enterprise (2019-2028) ($MN)
42 North America Speaker Driver Market Outlook, By Consumer (2019-2028) ($MN)
43 North America Speaker Driver Market Outlook, By Medical (2019-2028) ($MN)
44 North America Speaker Driver Market Outlook, By Other Applications (2019-2028) ($MN)
45 North America Speaker Driver Market Outlook, By Travel and Tourism (2019-2028) ($MN)
46 North America Speaker Driver Market Outlook, By Hospitality (2019-2028) ($MN)
47 North America Speaker Driver Market Outlook, By Banking (2019-2028) ($MN)
48 North America Speaker Driver Market Outlook, By Education (2019-2028) ($MN)
49 Europe Speaker Driver Market Outlook, By Country (2019-2028) ($MN)
50 Europe Speaker Driver Market Outlook, By Driver Type (2019-2028) ($MN)
51 Europe Speaker Driver Market Outlook, By Balanced Armature Drivers (2019-2028) ($MN)
52 Europe Speaker Driver Market Outlook, By ElectroStatic (2019-2028) ($MN)
53 Europe Speaker Driver Market Outlook, By Dynamic Drivers (2019-2028) ($MN)
54 Europe Speaker Driver Market Outlook, By Planar Magentic (2019-2028) ($MN)
55 Europe Speaker Driver Market Outlook, By Device Type (2019-2028) ($MN)
56 Europe Speaker Driver Market Outlook, By Loudspeakers (2019-2028) ($MN)
57 Europe Speaker Driver Market Outlook, By Headphones/Earphones (2019-2028) ($MN)
58 Europe Speaker Driver Market Outlook, By Mobile Phones/Tablets (2019-2028) ($MN)
59 Europe Speaker Driver Market Outlook, By Smart Speakers (2019-2028) ($MN)
60 Europe Speaker Driver Market Outlook, By Hearing Aids (2019-2028) ($MN)
61 Europe Speaker Driver Market Outlook, By Size (2019-2028) ($MN)
62 Europe Speaker Driver Market Outlook, By 20–110 mm (2019-2028) ($MN)
63 Europe Speaker Driver Market Outlook, By Below 20 mm (2019-2028) ($MN)
64 Europe Speaker Driver Market Outlook, By Application (2019-2028) ($MN)
65 Europe Speaker Driver Market Outlook, By Professional/Enterprise (2019-2028) ($MN)
66 Europe Speaker Driver Market Outlook, By Consumer (2019-2028) ($MN)
67 Europe Speaker Driver Market Outlook, By Medical (2019-2028) ($MN)
68 Europe Speaker Driver Market Outlook, By Other Applications (2019-2028) ($MN)
69 Europe Speaker Driver Market Outlook, By Travel and Tourism (2019-2028) ($MN)
70 Europe Speaker Driver Market Outlook, By Hospitality (2019-2028) ($MN)
71 Europe Speaker Driver Market Outlook, By Banking (2019-2028) ($MN)
72 Europe Speaker Driver Market Outlook, By Education (2019-2028) ($MN)
73 Asia Pacific Speaker Driver Market Outlook, By Country (2019-2028) ($MN)
74 Asia Pacific Speaker Driver Market Outlook, By Driver Type (2019-2028) ($MN)
75 Asia Pacific Speaker Driver Market Outlook, By Balanced Armature Drivers (2019-2028) ($MN)
76 Asia Pacific Speaker Driver Market Outlook, By ElectroStatic (2019-2028) ($MN)
77 Asia Pacific Speaker Driver Market Outlook, By Dynamic Drivers (2019-2028) ($MN)
78 Asia Pacific Speaker Driver Market Outlook, By Planar Magentic (2019-2028) ($MN)
79 Asia Pacific Speaker Driver Market Outlook, By Device Type (2019-2028) ($MN)
80 Asia Pacific Speaker Driver Market Outlook, By Loudspeakers (2019-2028) ($MN)
81 Asia Pacific Speaker Driver Market Outlook, By Headphones/Earphones (2019-2028) ($MN)
82 Asia Pacific Speaker Driver Market Outlook, By Mobile Phones/Tablets (2019-2028) ($MN)
83 Asia Pacific Speaker Driver Market Outlook, By Smart Speakers (2019-2028) ($MN)
84 Asia Pacific Speaker Driver Market Outlook, By Hearing Aids (2019-2028) ($MN)
85 Asia Pacific Speaker Driver Market Outlook, By Size (2019-2028) ($MN)
86 Asia Pacific Speaker Driver Market Outlook, By 20–110 mm (2019-2028) ($MN)
87 Asia Pacific Speaker Driver Market Outlook, By Below 20 mm (2019-2028) ($MN)
88 Asia Pacific Speaker Driver Market Outlook, By Application (2019-2028) ($MN)
89 Asia Pacific Speaker Driver Market Outlook, By Professional/Enterprise (2019-2028) ($MN)
90 Asia Pacific Speaker Driver Market Outlook, By Consumer (2019-2028) ($MN)
91 Asia Pacific Speaker Driver Market Outlook, By Medical (2019-2028) ($MN)
92 Asia Pacific Speaker Driver Market Outlook, By Other Applications (2019-2028) ($MN)
93 Asia Pacific Speaker Driver Market Outlook, By Travel and Tourism (2019-2028) ($MN)
94 Asia Pacific Speaker Driver Market Outlook, By Hospitality (2019-2028) ($MN)
95 Asia Pacific Speaker Driver Market Outlook, By Banking (2019-2028) ($MN)
96 Asia Pacific Speaker Driver Market Outlook, By Education (2019-2028) ($MN)
97 South America Speaker Driver Market Outlook, By Country (2019-2028) ($MN)
98 South America Speaker Driver Market Outlook, By Driver Type (2019-2028) ($MN)
99 South America Speaker Driver Market Outlook, By Balanced Armature Drivers (2019-2028) ($MN)
100 South America Speaker Driver Market Outlook, By ElectroStatic (2019-2028) ($MN)
101 South America Speaker Driver Market Outlook, By Dynamic Drivers (2019-2028) ($MN)
102 South America Speaker Driver Market Outlook, By Planar Magentic (2019-2028) ($MN)
103 South America Speaker Driver Market Outlook, By Device Type (2019-2028) ($MN)
104 South America Speaker Driver Market Outlook, By Loudspeakers (2019-2028) ($MN)
105 South America Speaker Driver Market Outlook, By Headphones/Earphones (2019-2028) ($MN)
106 South America Speaker Driver Market Outlook, By Mobile Phones/Tablets (2019-2028) ($MN)
107 South America Speaker Driver Market Outlook, By Smart Speakers (2019-2028) ($MN)
108 South America Speaker Driver Market Outlook, By Hearing Aids (2019-2028) ($MN)
109 South America Speaker Driver Market Outlook, By Size (2019-2028) ($MN)
110 South America Speaker Driver Market Outlook, By 20–110 mm (2019-2028) ($MN)
111 South America Speaker Driver Market Outlook, By Below 20 mm (2019-2028) ($MN)
112 South America Speaker Driver Market Outlook, By Application (2019-2028) ($MN)
113 South America Speaker Driver Market Outlook, By Professional/Enterprise (2019-2028) ($MN)
114 South America Speaker Driver Market Outlook, By Consumer (2019-2028) ($MN)
115 South America Speaker Driver Market Outlook, By Medical (2019-2028) ($MN)
116 South America Speaker Driver Market Outlook, By Other Applications (2019-2028) ($MN)
117 South America Speaker Driver Market Outlook, By Travel and Tourism (2019-2028) ($MN)
118 South America Speaker Driver Market Outlook, By Hospitality (2019-2028) ($MN)
119 South America Speaker Driver Market Outlook, By Banking (2019-2028) ($MN)
120 South America Speaker Driver Market Outlook, By Education (2019-2028) ($MN)
121 Middle East & Africa Speaker Driver Market Outlook, By Country (2019-2028) ($MN)
122 Middle East & Africa Speaker Driver Market Outlook, By Driver Type (2019-2028) ($MN)
123 Middle East & Africa Speaker Driver Market Outlook, By Balanced Armature Drivers (2019-2028) ($MN)
124 Middle East & Africa Speaker Driver Market Outlook, By ElectroStatic (2019-2028) ($MN)
125 Middle East & Africa Speaker Driver Market Outlook, By Dynamic Drivers (2019-2028) ($MN)
126 Middle East & Africa Speaker Driver Market Outlook, By Planar Magentic (2019-2028) ($MN)
127 Middle East & Africa Speaker Driver Market Outlook, By Device Type (2019-2028) ($MN)
128 Middle East & Africa Speaker Driver Market Outlook, By Loudspeakers (2019-2028) ($MN)
129 Middle East & Africa Speaker Driver Market Outlook, By Headphones/Earphones (2019-2028) ($MN)
130 Middle East & Africa Speaker Driver Market Outlook, By Mobile Phones/Tablets (2019-2028) ($MN)
131 Middle East & Africa Speaker Driver Market Outlook, By Smart Speakers (2019-2028) ($MN)
132 Middle East & Africa Speaker Driver Market Outlook, By Hearing Aids (2019-2028) ($MN)
133 Middle East & Africa Speaker Driver Market Outlook, By Size (2019-2028) ($MN)
134 Middle East & Africa Speaker Driver Market Outlook, By 20–110 mm (2019-2028) ($MN)
135 Middle East & Africa Speaker Driver Market Outlook, By Below 20 mm (2019-2028) ($MN)
136 Middle East & Africa Speaker Driver Market Outlook, By Application (2019-2028) ($MN)
137 Middle East & Africa Speaker Driver Market Outlook, By Professional/Enterprise (2019-2028) ($MN)
138 Middle East & Africa Speaker Driver Market Outlook, By Consumer (2019-2028) ($MN)
139 Middle East & Africa Speaker Driver Market Outlook, By Medical (2019-2028) ($MN)
140 Middle East & Africa Speaker Driver Market Outlook, By Other Applications (2019-2028) ($MN)
141 Middle East & Africa Speaker Driver Market Outlook, By Travel and Tourism (2019-2028) ($MN)
142 Middle East & Africa Speaker Driver Market Outlook, By Hospitality (2019-2028) ($MN)
143 Middle East & Africa Speaker Driver Market Outlook, By Banking (2019-2028) ($MN)
144 Middle East & Africa Speaker Driver Market Outlook, By Education (2019-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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