The report will be delivered in 2-3 business days.

Speaker Drivers Global Market Report 2021 - By Device Type (Headphones/Earphones, Hearing Aids, Smart Speakers, Mobile Phones/Tablets, Loudspeakers), By Driver Type (Dynamic Drivers, Balanced Armature Drivers, Planar Magnetic, ElectroStatic), By Application (Consumer, Professional/Enterprise, Medical), COVID-19 Growth And Change

Starting Price : $4000.00 | Pages : 175 | Published : February 2021 | SKU CODE : h008 | Format :


The speaker drivers market consists of sales of speaker drivers by entities (organizations, sole traders and partnerships) that manufacture speaker drivers such as woofers and tweeters. A speaker driver is a device that converts an electrical audio signal to sound waves.

 

The speaker drivers market covered in the report is segmented by device type into headphones/earphones, hearing aids, smart speakers, mobile phones/tablets, loudspeakers; by driver type into dynamic drivers, balanced armature drivers, planar magnetic, electrostatic, others and by application into consumer, professional/enterprise, medical, others.

 

The global speaker drivers market is expected to grow from $20.9 billion in 2020 to $22.25 billion in 2021 at a compound annual growth rate (CAGR) of 6.5%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $29.29 billion in 2025 at a CAGR of 7.1%.

 

The speaker drivers market was supported by the increased demand for audio and video streaming services globally. This was mainly due to rapid growth in internet penetration and rising popularity among people. According to Statista, the number of Netflix (OTT Service) subscribers increased to 195.15 million by the third quarter of 2020. Also, according to a year-end report by the Recording Industry Association of America (RIAA), streaming services grew nearly 20% in 2019 to $8.8 billion, accounting for 79.5% of all recorded music revenues. The rise in the popularity of audio and video streaming services supported the demand for speaker drivers market.

 

The rising price of raw materials is expected to limit the growth of the speaker drivers market. The volatility of prices in raw materials such as copper, aluminum and steel is expected to have a significant impact on the manufacturing cost of speaker drivers increasing the expenses of manufacturers. For instance, in the late 2020s, the Indian manufacturers of steel have increased steel prices due to rising iron ore prices and strong demand for steel. In December 2020, the steel companies were charging around $34 to $37 (?2,500 to ?2,700) a ton of both flat and long products. Therefore, such fluctuations in raw material price affect the manufacturing cost of speaker drivers and this factor is expected to restrain the market growth of speaker drivers.

 

The rising popularity of wireless audio equipment is an emerging trend in the speaker drivers market. Due to technological advancements, speaker drivers are now enabled with Bluetooth or Wi-Fi, thus can play audio without any wires connected to it. Consumers’ consumption behavior is also changing and a majority of the consumers are shifting towards wireless audio equipment due to its convenience. Key players in the market such as Samsung, LG, Sony, Bose, Denon, DTS, and Qualcomm are introducing different types of wireless speaker drivers in the market. For instance, Sonos Wi-Fi speakers, Bose's SoundTouch system and Amazon's Echo speakers are common Wi-Fi audio equipment.

 

In January 2019, Sound Vision Technologies, the parent company of TruAudio and VSSL, a US-based global manufacturer of architectural, outdoor, commercial speakers and native streaming audio system amplifiers, acquired Current Audio for an undisclosed amount. Through this acquisition, Sound Vision Technologies plans to increase its logistics locations to cover West and East Coasts, expand its brand's customer service, and enhance and support Current Audio’s growing distribution channel. Current Audio manufactures amplifiers, streaming amplifiers, soundbars, architectural speakers, control keypads and subwoofers.

 

The major players covered in the global speaker drivers market are Sony Corporation, Samsung Electronics, BOSE, JBL, Sennheiser Electronic GmbH & Co. KG, Knowles Electronics, Goertek, Beyerdynamic Gmbh & Co. Kg, Fostex International, Merry Electronics Co. Ltd., Concraft Holding Co. Ltd,  Eastech, Voz Electronic Co. Ltd, Fortune Grand Technology Inc., Tymphany, Premium Sound Solutions, Ole Wolff, Aac Technologies, 1more, Sonion, Bellsing, Molex, Klipsch, KEF, Definitive Technology i, Bowers & Wilkins, Dynaaudio, QSC, Focal, Quested.

The countries covered in the global speaker drivers market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Asia Pacific was the largest region in the speaker drivers market in 2020. The regions covered in the global speaker driver market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global speaker drivers market is segmented -

1) By Device Type: Headphones/Earphones, Hearing Aids, Smart Speakers, Mobile Phones/Tablets, Loudspeakers

2) By Driver Type: Dynamic Drivers, Balanced Armature Drivers, Planar Magnetic, ElectroStatic, Others

3) By Application: Consumer, Professional/Enterprise, Medical, Others

    Table Of Contents

    1. Executive Summary

    2. Speaker Driver Market Characteristics

    3. Speaker Driver Market Trends And Strategies

    4. Impact Of COVID-19 On Speaker Driver

    5. Speaker Driver Market Size And Growth

    5.1. Global Speaker Driver Historic Market, 2015-2020, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Speaker Driver Forecast Market, 2020-2025F, 2030F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Speaker Driver Market Segmentation

    6.1. Global Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Headphones/Earphones

    Hearing Aids

    Smart Speakers

    Mobile Phones/Tablets

    Loudspeakers

    6.2. Global Speaker Driver Market, Segmentation By Driver Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Dynamic Drivers

    Balanced Armature Drivers

    Planar Magnetic

    ElectroStatic

    Others

    6.3. Global Speaker Driver Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Consumer

    Professional/Enterprise

    Medical

    Others

    7. Speaker Driver Market Regional And Country Analysis

    7.1. Global Speaker Driver Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    7.2. Global Speaker Driver Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    8. Asia-Pacific Speaker Driver Market

    8.1. Asia-Pacific Speaker Driver Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    9. China Speaker Driver Market

    9.1. China Speaker Driver Market Overview

    9.2. China Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

    10. India Speaker Driver Market

    10.1. India Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    11. Japan Speaker Driver Market

    11.1. Japan Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    12. Australia Speaker Driver Market

    12.1. Australia Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    13. Indonesia Speaker Driver Market

    13.1. Indonesia Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    14. South Korea Speaker Driver Market

    14.1. South Korea Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    15. Western Europe Speaker Driver Market

    15.1. Western Europe Speaker Driver Market Overview

    15.2. Western Europe Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    16. UK Speaker Driver Market

    16.1. UK Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    17. Germany Speaker Driver Market

    17.1. Germany Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    18. France Speaker Driver Market

    18.3. France Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    19. Eastern Europe Speaker Driver Market

    19.1. Eastern Europe Speaker Driver Market Overview

    19.2. Eastern Europe Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    20. Russia Speaker Driver Market

    20.1. Russia Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    21. North America Speaker Driver Market

    21.1. North America Speaker Driver Market Overview

    21.2. North America Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    22. USA Speaker Driver Market

    22.1. USA Speaker Driver Market Overview

    22.2. USA Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    23. South America Speaker Driver Market

    23.1. South America Speaker Driver Market Overview

    23.2. South America Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    24. Brazil Speaker Driver Market

    24.1. Brazil Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    25. Middle East Speaker Driver Market

    25.1. Middle East Speaker Driver Market Overview

    25.2. Middle East Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    26. Africa Speaker Driver Market

    26.1. Africa Speaker Driver Market Overview

    26.2. Africa Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    27. Speaker Driver Market Competitive Landscape And Company Profiles

    27.1. Speaker Driver Market Competitive Landscape

    27.2. Speaker Driver Market Company Profiles

    27.2.1. Sony Corporation

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Samsung Electronics

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. BOSE

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. JBL

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Sennheiser Electronic GmbH & Co. KG

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Speaker Driver Market

    29. Speaker Driver Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Table 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Table 3: Global Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 4: Global Speaker Driver Market, Segmentation By Driver Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 5: Global Speaker Driver Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 6: Global Speaker Driver Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 7: Global Speaker Driver Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 8: Asia-Pacific, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 9: China, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 10: India, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 11: Japan, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 12: Australia, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 13: Indonesia, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 14: South Korea, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 15: Western Europe, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 16: UK, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 17: Germany, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 18: France, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 19: Eastern Europe, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 20: Russia, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 21: North America, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 22: USA, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 23: South America, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 24: Brazil, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 25: Middle East, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 26: Africa, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 27: Sony Corporation Financial Performance
  • Table 28: Samsung Electronics Financial Performance
  • Table 29: BOSE Financial Performance
  • Table 30: JBL Financial Performance
  • Table 31: Sennheiser Electronic GmbH & Co. KG Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Figure 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Figure 3: Global Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 4: Global Speaker Driver Market, Segmentation By Driver Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 5: Global Speaker Driver Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 6: Global Speaker Driver Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 7: Global Speaker Driver Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 8: Asia-Pacific, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 9: China, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 10: India, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 11: Japan, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 12: Australia, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 13: Indonesia, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 14: South Korea, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 15: Western Europe, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 16: UK, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 17: Germany, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 18: France, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 19: Eastern Europe, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 20: Russia, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 21: North America, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 22: USA, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 23: South America, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 24: Brazil, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 25: Middle East, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 26: Africa, Speaker Driver Market, Segmentation By Device Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 27: Sony Corporation Financial Performance
  • Figure 28: Samsung Electronics Financial Performance
  • Figure 29: BOSE Financial Performance
  • Figure 30: JBL Financial Performance
  • Figure 31: Sennheiser Electronic GmbH & Co. KG Financial Performance
Global Helium Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
Global General Electronic Components Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
Global Wireless Speakers Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
Global Ultra-low Temperature Freezers Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
Global Vaporizers, E-Cigarettes, And Other Electronic Nicotine Delivery Systems (ENDS) Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
Global Video Equipment Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
Global Printed Circuit Board Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
Global Thermal Interface Materials Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
Barbecue And Grill Market 2021 - By Product (Built-In Grills, Freestanding Grills, Portable Grills), By Application (Household, Commercial), By Fuel Type (Gas, Charcoal, Electric), And By Region, Opportunities And Strategies – Global Forecast To 2030
View Report
Secondary Batteries Market 2021 - By Product Type (Lead Acid, Lithium-Ion (Li-Ion), Nickel Metal Hydride) By Application (Electronics, Motor Vehicles, Portable Devices), And By Region, Opportunities And Strategies – Global Forecast To 2030
View Report
Water Purifiers Market 2021 - By Technology Type (Respiratory RO Water Purifier, UV Water Purifier, Gravity-Based Water Purifier), By End-User (Industrial, Commercial, Household), By Distribution Channel (Retail Stores, Direct Sales, Online), By Portability (Portable, Non-Portable), By Device Type (Wall Mounted, Countertop And Tabletop, Faucet-Mounted, Under-The-Sink), And By Region, Opportunities And Strategies – Global Forecast To 2030
View Report
Switchgear Market - By Type Of Product (Low Voltage, Medium Voltage, High Voltage), By End User (Industrial, Utilities, Residential, Commercial, Switchgear), Market Size, Major Players, By Region, Opportunities And Strategies - Global Forecast To 2023
View Report
Global Analytical Laboratory Instruments Market - By Type (Elemental Analysis, Separational Analysis, Molecular Analysis, Others), By End-User (Hospitals, Diagnostic Laboratories, Pharmaceutical, Biotechnology, Others), And By Region, Opportunities And Strategies - Global Forecast To 2030
View Report
Audio And Video Equipment Market - By Type Of Product (Video Equipment And Audio Equipment), Trends, Maret Size, Market Share, And By Region, Opportunities And Strategies – Global Forecast To 2022
View Report
Cement And Concrete Products Market - By Type (Cement, Ready-Mix Concrete (RMC), Concrete Pipes, Bricks, And Blocks, Other Concrete Products), By Application (Residential, Non-Residential) And By Region, Opportunities And Strategies – Global Forecast To 2030
View Report
Primary Batteries Market - By Type (Alkaline Batteries, Lithium Batteries And Other Primary Batteries), And By Region, Opportunities And Strategies – Global Forecast To 2022
View Report

Call Us

+1 3156230293

(Americas)

+44 2071930708

(Europe)

+91 8897263534

(Asia & Others)