Planars are too heavy. They sound great, but that problem is just never going to go away.
The companies with the big R&D budgets would spend their time better on perfecting dynamics (which are the most convenient variety) or electrostatics, which are already close to perfect as it is.
EDIT
Just wanted to expand on this point and as no one has posted since, I'll just edit this instead....
To my personal taste, electrostatic headphones currently sound best. My entire top five of headphones is comprised of electrostatic models, so it is exciting to me that Sennheiser may be developing a new ‘stat. That said, I do truly believe that the future of headphones is in dynamic drivers.
You have to think about headphone engineering and manufacture, at the high end anyway, as being a drive towards perfection in all aspects.
Sound quality should certainly be the number one priority, but comfort, weight, visual design, durability and convenience all have to be considered too. If a type of headphone has a barrier to flawlessness that is inherent in its technology, then it will never reach perfection.
Right now it seems –
Electrostatic
Pros – Right now, they have the best sound quality on aggregate (IMO), are light weight and can be comfortable
Cons – Need specialist, and very expensive gear to drive them, lack or portability
Planar Magnetic
Pros – Great sound quality, can be driven with conventional gear
Cons – Way too heavy to be considered ideal for wearing on your head, often very hard to drive and need specialist amps
Dynamic
Pros – Light weight and can be comfortable, can be driven by conventional gear, can be portable
Cons – So far, I have not found a dynamic headphone that really competes sound quality-wise with the best Electrostatic and Planar Magnetic Models
The reason I think that dynamic headphones are the future is that sound quality is always improving, while the ‘Cons’ of Planar Magnetic and Electrostatic headphones aren’t likely to be going anywhere. Electrostatic headphones will always need complicated set ups of specialist gear. Planar Magnetics will always be too heavy compared to the other kinds of headphones. When/if dynamic headphones can catch up sound quality-wise, then what reason would anyone have to choose another type of technology?
The perfect headphone (and it may never happen) would –
Sound absolutely perfect in every aspect
Be lightweight, comfortable and cool to wear
Be portable and driven by anything
Some may disagree, but I would add completely isolating outside sound to that too. If a type of headphone cannot ever conceivably meet all of those criteria, it is not the future of headphones. Only dynamic headphones really can.
A bit of a tangent, but I feel the same way about IEMs – that universal fits are the future and not custom moulds.
The only reason custom moulds have gained popularity in the past is that the sound quality threshold for universals topped out at mid-fi. I have been really puzzled by people saying about the new universals aiming for high end (such as Sennheiser and AKG’s new high end offerings in that market) “you could get customs for that price!”, as though the process of getting custom headphones made was actually desirable.
There is actually nothing convenient or ideal about needing to pay and take time to get impressions made, sending them off, wait weeks for custom shells to be made and being left with something only you can use with a drastically tanked re-sale value.
If universal IEMs get to the point where they sound as good, are as comfortable, and isolate sound as well as a custom, then why would anyone chose a custom?
Same goes for dynamic full size cans. If they sounded as good as electrostatics, then why would you bother with the huge expense and limited utility of a 'stat set up?
Honest question.