India Audio Accessories Market Outlook To 2023: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report titled “India Audio Accessories Market Outlook to 2023 – By Type (Headphones, Earphones, Bluetooth Speaker and 2.1 Speaker), By Sales Channel (Online and Offline), and By Region (North, South East and West)”provides comprehensive information on the India Audio Accessories market by Type of Devices (Headphone/Earphone, Bluetooth Speaker, and 2.1 Speaker), by Branded and Fake/Non Labeled, by Earphone and Headphone, by Wired and Wireless, by Price Category, by Region (North, South, East and West) by Metro and Non Metro. The report also covers market ecosystem, value chain analysis, comparative landscape, trends and developments, issues and challenges, decision making criteria for customers while purchasing an audio accessory. The report concludes with future outlook and certain recommendations highlighting the success factors for entering and expanding the market. India Audio Accessories Market Size and Overview Audio accessories market in India is still in its growth phase with a large untapped potential. The market has grown at robust double digit growth rate especially in the consumer audio accessories segment. Constant evolution of integration and audio technology, rising smartphone penetration and discontinued practise of providing the earphones as part of bundled offering with mobile phones are key drivers for high demand for audio accessories. India Audio Accessories Market Segmentation By Earphones and Headphones: Earphones segment is the dominant category in the market. Majority of the earphones sold are wired and comes in with microphone. Significant decline in demand is expected in years to come with the transition to wireless technology as it is fast moving into consumer choices due to easy to handle, compact, more ergonomically designed with better aesthetic looks. Premium products within a higher price range are in demand from the metros. Sennheiser, Sony, JBL are some of the key brands sold in the metros. The market is largely dominated by online sales and contribution from offline sales is on constant decline. MBOs and EBOs serve as experience point for premium quality headphones and the price variation in the premium category is much lower as compared to more popular segments focusing on low margin high volume sales. By Bluetooth Speakers: Proliferation of smart devices and increased usage of data streaming networks, wireless connectivity and portability have become a popular consideration before making the purchase decision for bluetooth speakers. Metro cities accounted for majority of the sales in bluetooth speakers market. An estimated more than two third of the speakers sold in the region with Delhi, Mumbai, Kolkata, Bangalore Hyderabad and Chennai being the major metro cities. This is mainly due to better consumer spending, easy accessibility to connecting devices and compact size. High priced products in price range of around INR 3,000 are more popular due to their high volume capacity and better IPX rating. JBL GO is the most sought after speaker in terms of volume sales due to its low price and high brand value. The discount offered on online platform during special sales days is also a very key factor for the high sales. Smart speakers will be the key drivers in the next few years. Many companies including Bose, JBL, Boat and other are working on integrating smart features of Google assistant in their bluetooth speakers. By 2.1 Speakers: Declining growth in demand is registered for 2.1 speakers. The price of the product has increased slightly during the period. Demand for 2.1 speakers have declined in metro cities mainly due to high adoption rate of portable bluetooth speakers and declining demand for desktops. These speakers are mainly sold through offline retail stores, demand from online segment is low mainly due to high volumetric volume of the package and little price benefit. Northern region is the most dominant market for 2.1 speakers in India. High population coupled with rapid urbanization, strong presence in the labor force and limited resources of entertainment has promoted the sales of 2.1 speakers in Tier 2, Tier 3 and villages. Product innovation is expected to be witnessed in this category and majority of the demand for 2.1 speakers will be replaced by single speaker with woofer or 2.1/5.1 speaker of bluetooth type which will replace the product in the market. Comparative Landscape in India Audio Accessories Market India branded Audio accessories market is moderately competitive with presence of 12-15 major players and is home to more than 100+ registered audio accessories companies. There is no clear market leader that has dominant presence in the Audio accessories market. Industry specific players such as Bose and Sennheiser are smaller players as compared to well known electronic and communication companies such as Sony, Zebronics, and Samsung. India Audio Accessories Market Future Outlook and Projections: Bluetooth speakers market is expected to register highest CAGR during the period of (2018-2023). The market which is currently in growth phase is expected to reach maturity by the end of 2020. It will largely cannibalize the 2.1 and partly the 5.1 speakers segment. Smart speakers will be in high demand in years to come. Earphones are expected to continue their dominance in the future as well due to their compactness and ease of storage and carry. Wireless earbuds, airpods and products imitating airpods are gaining popularity in India and are expected to have positive impact on the revenue. Design evolution and feature addition will largely drive the market in low and medium price segment. In premium segment, audio quality and experience will be major driver. Key Segments Covered:- By Accessories Headphone and Earphone, Blue tooth Speaker, and 2.1 Speaker By Branded and Fake/Non Labeled By Headphone and Earphone Market North, South, East, and West Metro and Non Metro By Online and Offline By Wired and Wireless By Price Category By Bluetooth Speaker Market North, South, East, and West Metro and Non Metro By Online and Offline By Wired and Wireless By Price Category By 2.1 Speaker Market North, South, East, and West Metro and Non Metro By Online and Offline By Wired and Wireless By Price Category Time Period Captured in the Report:- Historical Period – 2013-2018 Forecast Period – 2019-2023 Companies Covered:- Bose Sony Sennheiser Zebronics Portronics Jabra Intex Harman JBL Apple Samsung Sony Boat Key Topics Covered in the Report:- Value Chain in India Audio Accessories Market India Audio Accessories Market Overview India Audio Accessories Market Size, 2013-2018 India Audio Accessories Market Segmentation, 2013-2018 Trends and Developments in India Audio Accessories Market Issues and Challenges in India Audio Accessories Market Decision Making Criteria for Customers While Purchasing Audio Accessories Comparative Landscape India Audio Accessories Market Future Outlook and Projections, 2019-2023 Analyst Recommendations in India Audio Accessories Market For more information, refer to below link:- India Audio Accessories Market Related Reports:- The US Smart Wearable Devices Market by Type (Fitness Bands, Smart Watch, Smart Eyewear and Others), by Distribution Channel (Online, EBOs, MBOs, Others) – Outlook to 2021 Asia Pacific Large Appliances Market Outlook to 2020 – Future Growth to be Driven by Emerging Countries and Rising Replacement Demand India Large Appliances Market Outlook to 2020 – Make in Initiatives to Reduce Imports and Growing Demand for Sensor Enabled Products to Drive Demand Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications ankur@kenresearch.com +91-9015378249 Tags: 2.1 Speaker Online Sales India, Apple Airpods Market in India, Audio Accessories Industry In India, Audio Accessories Market In India, Bluetooth Speaker Offline Sales India, Boat Audio Accessories Market India, Bose Speaker Market in India, Bose Speakers Market Sales India, Demand Of Headphone In Metros, Demand Of Headphone In Non Metros, East India Audio Accessories Market, Harman Audio Accessories Market India, India 2.1 Speaker Market Sales, India Audio Accessories Industry, India Audio Accessories Industry Research Report, India Audio Accessories Market, India Audio Accessories Market Analysis, India Audio Accessories Market Competition, India Audio Accessories Market Drivers, India Audio Accessories Market Forecast, India Audio Accessories Market Future Outlook, India Audio Accessories Market Growth, India Audio Accessories Market Major Players, India Audio Accessories Market Opportunities, India Audio Accessories Market Overview, India Audio Accessories Market Research Report, India Audio Accessories Market Revenue, India Audio Accessories Market Scope, India Audio Accessories Market Segmentation, India Audio Accessories Market Shares, India Audio Accessories Market Size, India Audio Accessories Market Trends, India Bluetooth Earphone Market, India Bluetooth Headphone Market, India Bluetooth Speaker Market, India Bluetooth Speaker Online Market, India Branded 2.1 Speaker Market, India Branded Audio Accessories Market, India Branded Bluetooth Speaker Market, India Branded Earphone Market, India Branded Headphone Market, India Branded Wireless Headphone Market, India Earphone Market Size, India Fake and Non Labeled Audio Accessories Market, India Headphone Market Analysis, India Smart Speaker Market Online Sales, India Wired Earphone Market, India Wired Headphone Market, India Wireless Headphone Market, Industry Research Report Of India Audio Accessories, Issues and Challenges in India Audio Accessories Market, Market Research Report Of India Audio Accessories, North India Audio Accessories Market, Offline Audio Accessories Market India, Offline Speaker Market Sales India, Online Audio Accessories Market India, Online Speaker Market Revenue India, Portronics Audio Accessories Market India, Regional Speaker Market In India, Sales Earphones Jabra India, Sales Headphone Fenda India, Sales Headphone Zebronics India, Sales Speakers Intex India, Sennheiser India Headphone Sales, Sennheiser Market Sales Headphones, Sony Audio Accessories Market Sales India, Sony Speaker Sales In India, South India Audio Accessories Market, West India Audio Accessories Market