India Audio Accessories Market Overview
According to SPER Market Research, the India Audio Accessories Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
The audio accessories market in India is a rapidly growing industry, driven by the increasing demand for consumer electronics and the growing popularity of music and audio devices. The market is expected to continue to grow in the coming years, driven by factors such as increasing disposable income, rising urbanization, and the growth of e-commerce. In India, the demand for audio accessories such as headphones, speakers, earphones, and soundbars is driven by a number of factors, including the increasing use of mobile devices and the growing popularity of streaming services like Spotify and YouTube Music. Additionally, the increasing popularity of gaming and virtual reality is also driving demand for high-quality audio devices.
To meet the growing demand, a number of local and international companies have entered the Indian audio accessories market, offering a wide range of products at varying price points. Some of the leading players in the market include Bose, JBL, Sony, Sennheiser and Boat, among others. Overall, the audio accessories market in India is expected to continue to grow in the coming years, driven by the increasing demand for consumer electronics and the growing popularity of music and audio devices.
Impact of COVID-19 on the India Audio Accessories Market
The COVID-19 pandemic has had a significant impact on the India audio accessories market. The initial outbreak of the pandemic led to a sharp decline in consumer spending and disruptions to the supply chain, resulting in a slowdown in the growth of the market. However, as the pandemic continued to spread, the demand for audio accessories increased as people spent more time at home. This led to a surge in demand for headphones, speakers, and other audio devices, as people sought to enhance their entertainment experience while at home. Online sales of audio accessories also increased, as consumers were more likely to shop online due to social distancing measures.
Additionally, the COVID-19 pandemic has accelerated the shift towards remote work, learning, and entertainment, further driving demand for audio accessories. For example, the increased use of video conferencing and online learning platforms has led to an increased demand for headphones and microphones, as people seek to improve the quality of their audio experience. Overall, while the COVID-19 pandemic has had a negative impact on the Indian economy and the audio accessories market in the short-term, it has also created new opportunities and driven demand for audio devices in the long-term.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Sales Channel
|
| Regions covered | South, North, East. West
|
| Companies Covered | Apple, Boat, Bose, Harman, Intex, Jabra, JBL, Portronics, Samsung, Sennheiser, Sony, Zebronics
|
India Audio Accessories Market Segmentation:
1. By Type:
- Headphones
- Earphones
- Bluetooth Speaker
- Speaker
2. By Sales Channel:
3. By Region:
Key Topics Covered in the Report:
- India Audio Accessories Market Size (FY’2019-FY’2032)
- Overview of India Audio Accessories Market
- Segmentation of India Audio Accessories Market By Type (Headphones, Earphones, Bluetooth Speaker, 2.1 Speaker)
- Segmentation of India Audio Accessories Market By Sales Channel (Online, Offline)
- Statistical Snap of India Audio Accessories Market
- Growth Analysis of India Audio Accessories Market
- Problems and Challenges in India Audio Accessories Market
- Competitive Landscape in the India Audio Accessories Market
- Impact of COVID-19 and Demonetization on India Audio Accessories Market
- Details on Recent Investment in India Audio Accessories Market
- Competitive Analysis of India Audio Accessories Market
- Key Players in the India Audio Accessories Market
- SWOT Analysis of India Audio Accessories Market
- India Audio Accessories Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1.Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the India Audio Accessories Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 India Audio Accessories Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India Audio Accessories Market
7. India Audio Accessories Market, By Type, 2019-2032 (USD Million)
7.1 Headphones
7.2 Earphones
7.3 Bluetooth Speaker
7.4 2.1 Speaker
8. India Audio Accessories Market, By Sales Channel, 2019-2032 (USD Million)
8.1 Online
8.2 Offline
9. India Audio Accessories Market, By Region, 2019-2032 (USD Million)
9.1 India Audio Accessories Market Size and Market Share by Region (2019-2025)
9.2 India Audio Accessories Market Size and Market Share by Region (2026-2032)
9.3 South
9.4 North
9.5 West
9.6 East
10. Company Profiles
10.1 Apple
10.1.1 Company details
10.1.2 Financial outlook
10.1.3 Product summary
10.1.4 Recent developments
10.2 Boat
10.2.1 Company details
10.2.2 Financial outlook
10.2.3 Product summary
10.2.4 Recent developments
10.3 Bose
10.3.1 Company details
10.3.2 Financial outlook
10.3.3 Product summary
10.3.4 Recent developments
10.4 Harman
10.4.1 Company details
10.4.2 Financial outlook
10.4.3 Product summary
10.4.4 Recent developments
10.5 Intex
10.5.1 Company details
10.5.2 Financial outlook
10.5.3 Product summary
10.5.4 Recent developments
10.6 Jabra
10.6.1 Company details
10.6.2 Financial outlook
10.6.3 Product summary
10.6.4 Recent developments
10.7 JBL
10.7.1 Company details
10.7.2 Financial outlook
10.7.3 Product summary
10.7.4 Recent developments
10.8 Portronics
10.8.1 Company details
10.8.2 Financial outlook
10.8.3 Product summary
10.8.4 Recent developments
10.9 Samsung
10.9.1 Company details
10.9.2 Financial outlook
10.9.3 Product summary
10.9.4 Recent developments
10.10 Sennheiser
10.10.1 Company details
10.10.2 Financial outlook
10.10.3 Product summary
10.10.4 Recent developments
10.11 Sony
10.11.1 Company details
10.11.2 Financial outlook
10.11.3 Product summary
10.11.4 Recent developments
10.12 Zebronics
10.12.1 Company details
10.12.2 Financial outlook
10.12.3 Product summary
10.12.4 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
