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3. Speaker Driver Companies - Sennheiser Electronic GmbH & Co. KG (Germany) and Samsung Electronics (South Korea) are the Leading Key Players

The global Speaker Driver market size is projected to grow from USD 25.9 billion in 2020 to USD 29.3 billion by 2025; it is expected to grow at a CAGR 2.5 % (Value) from 2020 to 2025. Major factors driving the growth of the market include the increasing demand for smartphones owing to the surge in the adoption of audio and video streaming services and the growing popularity of True Wireless earphones. Opportunities for the Speaker Driver market include the increase in the sale of smartphones owing to the expansion of the 5G network; and the release of new headphones and earphones as a result of new advancements in wireless technology standards such as the new Wi-fi 6 and Bluetooth 5.2.

Major Speaker Driver companies include: 

• Sennheiser Electronic GmbH & Co. KG (Germany),
• Samsung Electronics (South Korea),
• Sony Corporation (Japan),
• Knowles Electronics (US),
• Goertek (China).

To know about the assumptions considered for the study download the pdf brochure

SENNHEISER ELECTRONIC GMBH & CO. KG

Sennheiser Electronic GmbH & Co. KG manufactures, develops, and markets headphones, headsets, microphones, and integrated systems for computer applications, offices, and call centers in Germany and internationally. The company was earlier known as Laboratorium Wennebostel. It changed its name to Sennheiser Electronic GmbH & Co. KG in 1958. Sennheiser prefers to make the drivers in-house for all its products. The company designs and manufactures moving-coil drivers, with its factory in Ireland producing units ranging in diameter from 56mm for the flagship HD800 headphones, right down to the full-bandwidth 7mm parts used in the IE800. With the launch of IE 400 PRO and IE 500 PRO, the company has reinvented the single dynamic driver principle. Its over-ear headphones are fitted with soft leather, leatherette, or velour earpads to ensure a comfortable fit for users for extended hearing sessions. Over-ear headphones offered by the company have a closed or an acoustically open design. Some closed-back models offered by Sennheiser include sophisticated Sennheiser NoiseGard, which eliminates the ambient noise. The new MOMENTUM Wireless is the latest addition to Sennheiser's ground-breaking, premium headphone range, offering superior sound, cutting-edge technology, and a modern design aesthetic.

SAMSUNG ELECTRONICS

Samsung Electronics Co., Ltd. was incorporated in 1969 and listed its shares on the Korea Stock Exchange in 1975. The company operates through four business divisions: Consumer Electronics (CE), Information Technology & Mobile Communications (IM), Device Solutions (DS), and Harman.

Samsung uses a combination of self-tuned drivers and outsourced drivers for its audio products. Harman Kardon offers home and car audio equipment, while Infinity Systems provides loudspeakers. AKG (Akustische und Kino-Geräte Gesellschaft m.b.H.) Acoustics offers microphones, headphones, wireless audio systems, and related accessories for professional and consumer markets. JBL comprises 2 independent divisions—JBL Consumer, which manufactures audio equipment for the consumer home market, and JBL Professional, which produces professional equipment for studios, as well as for the installed sound, tour sound, portable sound (production and DJ), and cinema markets. JBL designs and develops transducers such as Differential Drive woofers, CMCD Cone Midrange drivers, and the D2 Dual Voice Coil Compression Driver, that cover the entire practical bandwidth of professional audio devices.

Related Reports:

Speaker Driver Market With COVID-19 Impact by Device Type (Headphones/Earphones, Mobile Phones/Tablets, Smart Speakers), Driver Type (Dynamic Driver, Balanced Armature Driver), Size, Application, and Geography - Global Forecast to 2025

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