Report Overview

The Australia hearables market size is estimated to be valued at AUD 841.98 Million in 2023. It is expected to grow at a CAGR of 9.14 % between 2024 and 2032 to reach almost AUD 1849.94 Million by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • In 2021 it was estimated that around $68 million was spent on wireless technologies by Australia enterprises.
  • According to the WITS, in 2022, the import value of headphones and earphones (HS Code: 851830) was USD 650,062 thousand.
  • As per the ABS, the household spending in South Australia on health category in February 2024 increased by 10.6%.

Australia Hearables Market Growth

Compound Annual Growth Rate

Value in AUD Million

9.14%

2024-2032


Australia Hearables Market Outlook

*this image is indicative*

Based on connectivity technology, Australia hearables market share is led by wireless connectivity technology as they are convenient to use due to their portability.

They allow users to move freely without getting bothered by the wires of their devices, thus offering comfort and convenience. Moreover, they are also integrated with features including touch control, and voice assistant thus enhancing the overall performance. They are also compatible with other devices including smartphones, and laptops without any connector and as compared to the wired hearables they offer a lower risk of damage.

Various trends guiding Australia hearables market development include the development of wireless connectivity technologies which connect with smartphones and tablets easily. Moreover, they are also incorporated with fitness tracking and heart rate monitoring systems which help individuals to track their overall health. They are also embedded with the active noise cancellations technology to filter out unnecessary noises and increase the overall experience of the users. To promote sustainability, the hearables are made with recycled and eco-friendly materials.

In 2022, Sony introduced the CREC10 Self-Fitting OTC Hearing Aids in the Australian market which consists of prescription-grade sound quality and can be used continuously for up to 70 hours.

Australia Hearables Market Segmentation

Australia Hearables Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • In-Ear
  • Over-Ear
  • On-Ear

Market Breakup by Product

  • Hearing Aids
  • Headsets
  • Earbuds

Market Breakup by Connectivity Technology

  • Wireless
  • Wired

Market Breakup by End Use

  • Healthcare
  • Consumer
  • Industrial

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

The Australia hearables market key players are Bose Corporation, Sea Breeze Pty Ltd., LG Electronics Australia Pty Limited, Logitech, and Apple Pty Limited among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at AUD 841.98 Million in 2023.

The market is projected to grow at a CAGR of 9.14% between 2024 and 2032.

The revenue generated from the market is expected to reach AUD 1849.94 Million in 2032.

The hearables market is growing with an increase in the development of wireless connectivity technologies, health tracking systems incorporation, sustainable hearables, and active noise cancellation technology.

Based on the type, the hearables market is bifurcated into in-ear, over-ear and on-ear.

Key players in the Australia hearables industry are Bose Corporation, Sea Breeze Pty Ltd., LG Electronics Australia Pty Limited, Logitech, Apple Pty Limited and others.

Based on the product, the hearables market is divided into hearing aids, headsets and earbuds.

The hearables market is divided into wireless and wired based on connectivity technology.

The market is broken down into New South Wales, Victoria, Queensland, the Australia Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Product
  • Connectivity Technology
  • End Use
  • Region
Breakup by Type
  • In Ear
  • Over Ear
  • On Ear
Breakup by Product
  • Hearing Aids
  • Headsets
  • Earbuds
Breakup by Connectivity Technology
  • Wireless
  • Wired
Breakup by End Use
  • Healthcare
  • Consumer
  • Industrial
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Price Analysis:
  • Historical Price Trends
  • Forecast Price Trends
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Bose Corporation
  • Sea Breeze Pty Ltd.
  • LG Electronics Australia Pty Limited
  • Logitech 
  • Apple Pty Limited
  • Others

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