High-resolution Audio (Audiophile Audio) Market, By Product (Wired Audio and Wireless Audio), By Application (Below 18, 18-34, and Above 34), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

High-resolution audio (audiophile audio) is a technical term for audio with more than 44.1 kHz sample rate or greater than 16-bit depth. An amplifier, informational amp, or electronic amplifier is an electronic device that can escalate the power of a signal to a time-variable current or voltage. It is an electric circuit with two ports that uses electric power from a power supply to increase the amplitude of a signal applied to its input terminals, producing a proportionally greater amplitude signal at its output. The amplification amount provided by an amplifier is measured by its gain: the ratio of output current, voltage, or power to input. An amplifier is a circuit that has a power gain of more than one. High-resolution Audio is one kind of audio applicable for audio pursuers or lovers. It has high Sound quality.

Increasing demand for infotainment services

The increasing popularity of on-demand services, especially related to music, is projected to continue to drive the growth of two consumer application devices— wired audio and wireless audio. Additionally, the increasing demand for in-car infotainment systems is anticipated to boost the automotive market for high-resolution audio (audiophile audio)

Increased expenditure on R&D for wireless technology by OEMs

Due to innovation and advancement in wireless technology, the market has been experiencing tremendous growth. Rising demand for home-theater-in-a-box (HTiB), emerging automotive sector, and smart homes are increasing the growth of the target market. In addition, the growth in the adoption of portable devices such as laptops, tablets, smartphones, and online services has added to the growth of wireless audio products in the market. Moreover, the growing penetration of technologically advanced products and increasing disposable income are propelling the adoption of high-resolution audio systems in the home entertainment industry and in consumer electronics. In February 2016, Panasonic Corporation developed a new product series in its ALL Connected home audio products segment. The products offer Bluetooth and Wi-Fi connectivity and provide Hi-Fi sound.

However, issues related to operating frequency compliance and negative effects on the health of the children and other user groups may hamper the growth of the target market over the forecast period.

High-resolution audio (audiophile audio) market is segmented based on product, application, and region.

On the basis of product, the high-resolution audio (audiophile audio) market is segmented into wired audio and wireless audio. Based on application, the target market is segmented into Below 18, 18-34, and Above 34.

Regional Insights:

In region the high-resolution audio (audiophile audio) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is anticipated to be the largest market for high-resolution audio over the forecast period, due to factors such as increasing population, rapid growth in purchasing power parity (PPP), and technological developments. North America, being a developed market accounts second highest share in the global market. North America registered sustainable growth in the global market during the past years, owing to the presence of a large number of manufacturers in the region. However, Europe having accommodated developed economies such as France and Germany, is projected to experience significant growth with rising demand for luxury automobiles that comes with wireless audio systems. Among the high fidelity products category, sound bars & speakers are collectively estimated for the largest market share. The market for automotive applications is likely to grow at the highest rate during the forecast period.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the High-resolution audio (Audiophile Audio) market report based on test, application, and region:

High-resolution Audio (Audiophile Audio) Market, By Product:

• Wired Audio
• Wireless Audio

High-resolution Audio (Audiophile Audio) Market, By Application:

• Below 18
• 18-34
• Above 34

High-resolution Audio (Audiophile Audio) Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the high-resolution audio (audiophile audio) market includes Alpine Electronics, Pioneer, Harman, Sony, JVC Kenwood, Polk Audio, KICKER, Rockford Fosgate, JL Audio, and HiVi. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, On January 2020 HARMAN Professional Solutions, the global leader in video, audio, lighting and control systems, launched new AKG K361-BT and K371-BT professional studio headphones featuring Bluetooth connectivity at the 2020 NAMM show in Anaheim, California and the 2020 CES shows in Las Vegas, Nevada.

• Alpine Electronics
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Pioneer
• Harman
• Sony
• JVC Kenwood
• Polk Audio
• KICKER
• Rockford Fosgate
• JL Audio
• HiVi

“*” marked represents similar segmentation in other categories in the respective section