Europe Hearable Market - Industry Trends and Forecast to 2030

List of Tables

The Europe hearable market is expected to reach USD 41,039.91 million by 2030 from USD 12,366.01 million in 2022, growing at a CAGR of 16.6% during the forecast period of 2023 to 2030.

Market Segmentation

Europe Hearable Market, By Type (In Ear, On Ear, Open Ear, and Over Ear), Sales Channel (Online Sales Channel and Offline Sales Channel), Noise Cancellation (Active-Noise Cancellation (ANC) and Passive Noise Cancellation (Isolation), Application (Personal Audio and Communication, Media and Entertainment, Noise Isolation/Cancellation, Health and Fitness (Hearing Aids), and Smart Device Interaction), Audio Input (With Microphone and Without Microphone), End User (Consumer, Healthcare, and Industrial), Country (Germany, France, U.K., Italy, Russia, Spain, Netherlands, Switzerland, Belgium, Turkey, Poland, Denmark, Sweden, Norway, Finland, and Rest of Europe) - Industry Trends and Forecast to 2030.

Overview of Europe Hearable Market Dynamics

Driver
Growth in demand for miniaturized wearable electronic devices
Restraint
High cost associated with advanced hearable devices
Opportunity
Growing focus on the safety of workers in industrial areas

Market Players

Some of the major key players operating in the Europe hearable market are:

Apple Inc
SAMSUNG
Xiaomi
Sonova
Sony
WS Audiology Denmark A/S
Bose Corporation
LG Electronics
Huawei Technologies Co., Ltd
Starkey Laboratories, Inc
Jabra
Google
Miracle-Ear
Imagine Marketing Limited
Edifier
Anker Innovations
Skullcandy
3M
Koninklijke Philips N.V.
Fujikon
Microsoft
Bragi

1 INTRODUCTION 13

1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 OVERVIEW OF THE EUROPE HEARABLE MARKET 13
1.4 CURRENCY AND PRICING 14
1.5 LIMITATIONS 15
1.6 MARKETS COVERED 15

2 MARKET SEGMENTATION 18

2.1 MARKETS COVERED 18
2.2 YEARS CONSIDERED FOR THE STUDY 19
2.3 GEOGRAPHIC SCOPE 20
2.4 DBMR TRIPOD DATA VALIDATION MODEL 21
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 24
2.6 DBMR MARKET POSITION GRID 25
2.7 VENDOR SHARE ANALYSIS 27
2.8 MARKET END-USER COVERAGE GRID 28
2.9 MULTIVARIATE MODELLING 29
2.10 TYPE TIMELINE CURVE 30
2.11 SECONDARY SOURCES 31
2.12 ASSUMPTIONS 31

3 EXECUTIVE SUMMARY 32

4 PREMIUM INSIGHTS 35

4.1 SUPPLY CHAIN ANALYSIS 36
4.2 TOP PLAYERS SALES NUMBER 37
4.3 TOP PRODUCTS SALES NUMBER 38
4.4 TECHNOLOGICAL INNOVATIONS 39

5 MARKET OVERVIEW 40

5.1 DRIVERS 42
- 5.1.1 RISING DEMAND FOR WIRELESS HEADPHONES 42
- 5.1.2 INCREASING CASES OF HEARING LOSS 43
- 5.1.3 GROWTH IN DEMAND FOR MINIATURIZED WEARABLE ELECTRONIC DEVICES 44
- 5.1.4 GROWING FOCUS ON WORKERS SAFETY IN INDUSTRIAL AREAS 45
5.2 RESTRAINT 46
- 5.2.1 HIGH COST ASSOCIATED WITH ADVANCED HEARABLE DEVICES 46
5.3 OPPORTUNITIES 47
- 5.3.1 INCREASING COLLABORATION AND PARTNERSHIP AMONG MARKET PLAYERS 47
- 5.3.2 TECHNOLOGICAL ADVANCEMENT IN HEARABLES 47
- 5.3.3 EMERGENCE OF AUDITORY AR 48
5.4 CHALLENGES 50
- 5.4.1 BATTERY LIFE ISSUES ASSOCIATED WITH WIRELESS HEARABLES 50
- 5.4.2 DATA SECURITY CONCERNS 50

6 EUROPE HEARABLE MARKET, BY TYPE 52

6.1 OVERVIEW 53
6.2 IN EAR 54
6.3 ON EAR 54
6.4 OVER EAR 55
6.5 OPEN EAR 55

7 EUROPE HEARABLE MARKET, BY SALES CHANNEL 56

7.1 OVERVIEW 57
7.2 ONLINE SALES CHANNEL 58
- 7.2.1 ONLINE RETAILERS 58
- 7.2.2 BRAND WEBSITE 58
7.3 OFFLINE SALES CHANNEL 59
- 7.3.1 SPECIALTY STORES 59
- 7.3.2 ELECTRONIC STORES 59

8 EUROPE HEARABLE MARKET, BY NOISE CANCELLATION 60

8.1 OVERVIEW 61
8.2 ACTIVE-NOISE CANCELLATION (ANC) 62
- 8.2.1 FEEDFORWARD ACTIVE-NOISE CANCELLATION (ANC) 62
- 8.2.2 FEEDBACK ACTIVE-NOISE CANCELLATION (ANC) 63
- 8.2.3 HYBRID ACTIVE-NOISE CANCELLATION (ANC) 63
8.3 PASSIVE NOISE CANCELLATION (ISOLATION) 63

9 EUROPE HEARABLE MARKET, BY APLLICATION 64

9.1 OVERVIEW 65
9.2 PERSONAL AUDIO AND COMMUNICATION 66
9.3 MEDIA AND ENTERTAINMENT 67
9.4 NOISE ISOLATION/CANCELLATION 67
- 9.4.1 PERSONAL USE 68
- 9.4.2 INDUSTRIAL USE 68
9.5 HEALTH AND FITNESS (HEARING AIDS) 68
9.6 SMART DEVICE INTERACTION 68

10 EUROPE HEARABLE MARKET, BY AUDIO INPUT 69

10.1 OVERVIEW 70
10.2 WITH MICROPHONE 71
- 10.2.1 NON-REMOVABLE MICROPHONE 71
- 10.2.2 REMOVABLE MICROPHONE 71
10.3 WITHOUT MICROPHONE 72

11 EUROPE HEARABLE MARKET, BY END USER 73

11.1 OVERVIEW 74
11.2 CONSUMER 75
- 11.2.1 IN EAR 75
- 11.2.2 ON EAR 75
- 11.2.3 OVER EAR 76
- 11.2.4 OPEN EAR 76
11.3 HEALTHCARE 76
- 11.3.1 IN EAR 76
- 11.3.2 ON EAR 76
- 11.3.3 OVER EAR 77
- 11.3.4 OPEN EAR 77
11.4 INDUSTRIAL 77
- 11.4.1 INDUSTRY TYPE 77
  - 11.4.1.1 CONSTRUCTION 77
  - 11.4.1.2 MINING 77
  - 11.4.1.3 MANUFACTURING 78
  - 11.4.1.4 DEFENCE AND MILITARY 78
- 11.4.2 TYPE 78
  - 11.4.2.1 IN EAR 78
  - 11.4.2.2 ON EAR 78
  - 11.4.2.3 OVER EAR 78
  - 11.4.2.4 OPEN EAR 78

12 EUROPE HEARABLE MARKET, BY REGION 79

12.1 EUROPE 80
- 12.1.1 GERMANY 80
- 12.1.2 FRANCE 80
- 12.1.3 U.K. 80
- 12.1.4 RUSSIA 80
- 12.1.5 ITALY 80
- 12.1.6 SPAIN 80
- 12.1.7 NETHERLANDS 80
- 12.1.8 POLAND 80
- 12.1.9 SWITZERLAND 80
- 12.1.10 BELGIUM 80
- 12.1.11 SWEDEN 81
- 12.1.12 TURKEY 81
- 12.1.13 DENMARK 81
- 12.1.14 NORWAY 81
- 12.1.15 FINLAND 81
- 12.1.16 REST OF EUROPE 81

13 EUROPE HEARABLE MARKET, COMPANY LANDSCAPE 82

13.1 COMPANY SHARE ANALYSIS: EUROPE 82

14 SWOT ANALYSIS 83

15 COMPANY PROFILING 84

15.1 APPLE INC. 84
- 15.1.1 COMPANY SNAPSHOT 84
- 15.1.2 REVENUE ANALYSIS 84
- 15.1.3 COMPANY SHARE ANALYSIS 85
- 15.1.4 PRODUCT PORTFOLIO 85
- 15.1.5 RECENT DEVELOPMENT 85
15.2 SAMSUNG 87
- 15.2.1 COMPANY SNAPSHOT 87
- 15.2.2 REVENUE ANALYSIS 88
- 15.2.3 COMPANY SHARE ANALYSIS 88
- 15.2.4 PRODUCT PORTFOLIO 89
- 15.2.5 RECENT DEVELOPMENTS 90
15.3 XIAOMI 91
- 15.3.1 COMPANY SNAPSHOT 91
- 15.3.2 REVENUE ANALYSIS 91
- 15.3.3 COMPANY SHARE ANALYSIS 92
- 15.3.4 PRODUCT PORTFOLIO 92
- 15.3.5 RECENT DEVELOPMENTS 93
15.4 SONOVA 94
- 15.4.1 COMPANY SNAPSHOT 94
- 15.4.2 REVENUE ANALYSIS 95
- 15.4.3 COMPANY SHARE ANALYSIS 95
- 15.4.4 PRODUCTS PORTFOLIO 96
- 15.4.5 RECENT DEVELOPMENTS 98
15.5 SONY CORPORATION 99
- 15.5.1 COMPANY SNAPSHOT 99
- 15.5.2 REVENUE ANALYSIS 99
- 15.5.3 COMPANY SHARE ANALYSIS 100
- 15.5.4 PRODUCT PORTFOLIO 100
- 15.5.5 RECENT DEVELOPMENTS 101
15.6 3M 102
- 15.6.1 COMPANY SNAPSHOT 102
- 15.6.2 REVENUE ANALYSIS 102
- 15.6.3 PRODUCT PORTFOLIO 103
- 15.6.4 RECENT DEVELOPMENTS 104
15.7 AMAZON.COM, INC. 105
- 15.7.1 COMPANY SNAPSHOT 105
- 15.7.2 REVENUE ANALYSIS 105
- 15.7.3 PRODUCTS PORTFOLIO 106
- 15.7.4 RECENT DEVELOPMENTS 106
15.8 AUDIO-TECHNICA CORPORATION 107
- 15.8.1 COMPANY SNAPSHOT 107
- 15.8.2 PRODUCT PORTFOLIO 107
- 15.8.3 RECENT DEVELOPMENTS 108
15.9 BOSE CORPORATION 109
- 15.9.1 COMPANY SNAPSHOT 109
- 15.9.2 PRODUCTS PORTFOLIO 109
- 15.9.3 RECENT DEVELOPMENTS 110

15.10 BRAGI 111
- 15.10.1 COMPANY SNAPSHOT 111
- 15.10.2 PRODUCTS PORTFOLIO 111
- 15.10.3 RECENT DEVELOPMENTS 111
15.11 EDIFIER 112
- 15.11.1 COMPANY SNAPSHOT 112
- 15.11.2 REVENUE ANALYSIS 112
- 15.11.3 PRODUCT PORTFOLIO 113
- 15.11.4 RECENT DEVELOPMENTS 113
15.12 FANTASIA TRADING LLC (A PART OF ANKER INNOVATIONS) (SOUNDCORE) 114
- 15.12.1 COMPANY SNAPSHOT 114
- 15.12.2 REVENUE ANALYSIS 114
- 15.12.3 PRODUCTS PORTFOLIO 115
- 15.12.4 RECENT DEVELOPMENTS 115
15.13 FUJIKON 117
- 15.13.1 COMPANY SNAPSHOT 117
- 15.13.2 REVENUE ANALYSIS 117
- 15.13.3 PRODUCT PORTFOLIO 118
- 15.13.4 RECENT DEVELOPMENTS 118
15.14 GOOGLE 119
- 15.14.1 COMPANY SNAPSHOT 119
- 15.14.2 REVENUE ANALYSIS 119
- 15.14.3 PRODUCT PORTFOLIO 120
- 15.14.4 RECENT DEVELOPMENT 120
15.15 HUAWEI TECHNOLOGIES CO., LTD. 121
- 15.15.1 COMPANY SNAPSHOT 121
- 15.15.2 REVENUE ANALYSIS 121
- 15.15.3 PRODUCT PORTFOLIO 122
- 15.15.4 RECENT DEVELOPMENTS 122
15.16 IMAGINE MARKETING LIMITED 123
- 15.16.1 COMPANY SNAPSHOT 123
- 15.16.2 PRODUCTS PORTFOLIO 123
- 15.16.3 RECENT DEVELOPMENTS 124
15.17 JABRA (A SUBSIDIARY OF GN STORE NORD A/S) 125
- 15.17.1 COMPANY SNAPSHOT 125
- 15.17.2 PRODUCT PORTFOLIO 125
- 15.17.3 RECENT DEVELOPMENTS 126
15.18 KONINKLIJKE PHILIPS N.V. 127
- 15.18.1 COMPANY SNAPSHOT 127
- 15.18.2 REVENUE ANALYSIS 128
- 15.18.3 PRODUCT PORTFOLIO 128
- 15.18.4 RECENT DEVELOPMENTS 129
15.19 LG ELECTRONICS 131
- 15.19.1 COMPANY SNAPSHOT 131
- 15.19.2 REVENUE ANALYSIS 131
- 15.19.3 PRODUCT PORTFOLIO 132
- 15.19.4 RECENT DEVELOPMENTS 132
15.20 MICROSOFT 134
- 15.20.1 COMPANY SNAPSHOT 134
- 15.20.2 REVENUE ANALYSIS 134
- 15.20.3 PRODUCT PORTFOLIO 135
- 15.20.4 RECENT DEVELOPMENTS 135
15.21 MIRACLE-EAR 136
- 15.21.1 COMPANY SNAPSHOT 136
- 15.21.2 PRODUCT PORTFOLIO 136
- 15.21.3 RECENT DEVELOPMENTS 137
15.22 NUHEARA LIMITED 138
- 15.22.1 COMPANY SNAPSHOT 138
- 15.22.2 PRODUCTS PORTFOLIO 138
- 15.22.3 RECENT DEVELOPMENT 138
15.23 OLIVE UNION INC. 139
- 15.23.1 COMPANY SNAPSHOT 139
- 15.23.2 PRODUCTS PORTFOLIO 139
- 15.23.3 RECENT DEVELOPMENTS 140
15.24 QUIETON 141
- 15.24.1 COMPANY SNAPSHOT 141
- 15.24.2 PRODUCT PORTFOLIO 141
- 15.24.3 RECENT DEVELOPMENT 141
15.25 SKULLCANDY 142
- 15.25.1 COMPANY SNAPSHOT 142
- 15.25.2 PRODUCTS PORTFOLIO 142
- 15.25.3 RECENT DEVELOPMENTS 143
15.26 STARKEY LABORATORIES, INC. 144
- 15.26.1 COMPANY SNAPSHOT 144
- 15.26.2 PRODUCTS PORTFOLIO 144
- 15.26.3 RECENT DEVELOPMENTS 145
15.27 VOXX INTERNATIONAL CORP. 146
- 15.27.1 COMPANY SNAPSHOT 146
- 15.27.2 REVENUE ANALYSIS 146
- 15.27.3 PRODUCT PORTFOLIO 147
- 15.27.4 RECENT DEVELOPMENT 147
15.28 WS AUDIOLOGY A/S 148
- 15.28.1 COMPANY SNAPSHOT 148
- 15.28.2 REVENUE ANALYSIS 148
- 15.28.3 BRAND PORTFOLIO 149
- 15.28.4 RECENT DEVELOPMENTS 150

16 QUESTIONNAIRE 151

17 RELATED REPORTS 154

LIST OF TABLES

TABLE 1 TOP 10 PLAYERS SALES NUMBER 37
TABLE 2 TOP PRODUCTS SALES NUMBER 38
TABLE 3 PERCENTAGE CHANGE IN AVERAGE PRICING OF HEADPHONES BY YEAR 46
TABLE 4 EUROPE HEARABLE MARKET, BY TYPE, 2021-2030 (USD MILLION) 54
TABLE 5 EUROPE IN EAR IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 54
TABLE 6 EUROPE ON EAR IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 54
TABLE 7 EUROPE OVER EAR IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 55
TABLE 8 EUROPE OPEN EAR IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 55
TABLE 9 EUROPE HEARABLE MARKET, BY SALES CHANNEL, 2021-2030 (USD MILLION) 58
TABLE 10 EUROPE ONLINE SALES CHANNEL IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 58
TABLE 11 EUROPE ONLINE SALES CHANNEL IN HEARABLE MARKET, BY TYPE, 2021-2030 (USD MILLION) 58
TABLE 12 EUROPE OFFLINE SALES CHANNEL IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 59
TABLE 13 EUROPE OFFLINE SALES CHANNEL IN HEARABLE MARKET, BY TYPE, 2021-2030 (USD MILLION) 59
TABLE 14 EUROPE HEARABLE MARKET, BY NOISE CANCELLATION, 2021-2030 (USD MILLION) 62
TABLE 15 EUROPE ACTIVE-NOISE CANCELLATION (ANC) IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 62
TABLE 16 EUROPE ACTIVE-NOISE CANCELLATION (ANC) IN HEARABLE MARKET, TYPE, 2021-2030 (USD MILLION) 62
TABLE 17 EUROPE PASSIVE NOISE CANCELLATION (ISOLATION) IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 63
TABLE 18 EUROPE HEARABLE MARKET, BY APPLICATION, 2021-2030 (USD MILLION) 66
TABLE 19 EUROPE PERSONAL AUDIO AND COMMUNICATION IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 66
TABLE 20 EUROPE MEDIA AND ENTERTAINMENT IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 67
TABLE 21 EUROPE NOISE ISOLATION/CANCELLATION IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 67
TABLE 22 EUROPE NOISE ISOLATION/CANCELLATION IN HEARABLE MARKET, BY TYPE, 2021-2030 (USD MILLION) 67
TABLE 23 EUROPE HEALTH AND FITNESS (HEARING AIDS) IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 68
TABLE 24 EUROPE SMART DEVICE INTERACTION IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 68
TABLE 25 EUROPE HEARABLE MARKET, BY AUDIO INPUT, 2021-2030 (USD MILLION) 71
TABLE 26 EUROPE WITH MICROPHONE IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 71
TABLE 27 EUROPE WITH MICROPHONE IN HEARABLE MARKET, BY TYPE, 2021-2030 (USD MILLION) 71
TABLE 28 EUROPE WITHOUT MICROPHONE IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 72
TABLE 29 EUROPE HEARABLE MARKET, BY END USER, 2021-2030 (USD MILLION) 75
TABLE 30 EUROPE CONSUMER IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 75
TABLE 31 EUROPE CONSUMER IN HEARABLE MARKET, BY TYPE, 2021-2030 (USD MILLION) 75
TABLE 32 EUROPE HEALTHCARE IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 76
TABLE 33 EUROPE HEALTHCARE IN HEARABLE MARKET, BY TYPE, 2021-2030 (USD MILLION) 76
TABLE 34 EUROPE INDUSTRIAL IN HEARABLE MARKET, BY REGION, 2021-2030 (USD MILLION) 77
TABLE 35 EUROPE INDUSTRIAL IN HEARABLE MARKET, BY INDUSTRY TYPE, 2021-2030 (USD MILLION) 77
TABLE 36 EUROPE INDUSTRIAL IN HEARABLE MARKET, BY TYPE, 2021-2030 (USD MILLION) 78

LIST OF FIGURES

FIGURE 1 EUROPE HEARABLE MARKET: SEGMENTATION 18
FIGURE 2 EUROPE HEARABLE MARKET: DATA TRIANGULATION 21
FIGURE 3 EUROPE HEARABLE MARKET: DROC ANALYSIS 22
FIGURE 4 EUROPE HEARABLE MARKET: EUROPE VS REGIONAL MARKET ANALYSIS 23
FIGURE 5 EUROPE HEARABLE MARKET: COMPANY RESEARCH ANALYSIS 23
FIGURE 6 EUROPE HEARABLE MARKET: INTERVIEW DEMOGRAPHICS 24
FIGURE 7 EUROPE HEARABLE MARKET: DBMR MARKET POSITION GRID 25
FIGURE 8 EUROPE HEARABLE MARKET: VENDOR SHARE ANALYSIS 27
FIGURE 9 EUROPE HEARABLE MARKET: MARKET END-USER COVERAGE GRID 28
FIGURE 10 EUROPE HEARABLE MARKET: MULTIVARIATE MODELLING 29
FIGURE 11 EUROPE HEARABLE MARKET: TYPE TIMELINE CURVE 30
FIGURE 12 EUROPE HEARABLE MARKET: SEGMENTATION 34
FIGURE 13 TECHNOLOGICAL ADVANCEMENTS IN HEARABLE EQUIPMENT IS EXPECTED TO BE KEY DRIVER FOR THE EUROPE HEARABLE MARKET IN THE FORECAST PERIOD OF 2023 TO 2030 35
FIGURE 14 IN EAR IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE EUROPE HEARABLE MARKET FROM 2023 TO 2030 35
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE EUROPE HEARABLE MARKET 41
FIGURE 16 THE PROJECTED RISE IN PREVALENCE OF ALL GRADES OF HEARING LOSS IN WHO REGIONS 43
FIGURE 17 EUROPE HEARABLE MARKET: BY TYPE, 2022 53
FIGURE 18 EUROPE HEARABLE MARKET: BY SALES CHANNEL, 2022 57
FIGURE 19 EUROPE HEARABLE MARKET: BY NOISE CANCELLATION, 2022 61
FIGURE 20 EUROPE HEARABLE MARKET: BY APPLICATION, 2022 65
FIGURE 21 EUROPE HEARABLE MARKET: BY AUDIO INPUT, 2022 70
FIGURE 22 EUROPE HEARABLE MARKET: BY END USER, 2022 74
FIGURE 23 EUROPE HEARABLE MARKET: COMPANY SHARE 2022 (%) 82