The usual way of limiting sound volume on devices driving headphones is by limiting output power. This has the additional undesirable effect of being dependent of the efficiency of the headphones; a device producing the maximum allowed power may not produce adequate volume when paired with low-efficiency, high-impedance equipment, while the same amount of power can reach dangerous levels with very efficient earphones.
There are many good articles here on Headfonia. You could click on Buyers’ Guides and read through those, then click on the Headphones topic header for each individual report. The “process” you go through is learning your own sound preferences, then matching that to the products that are available. It is a process, so you have to learn the major differences. Any shortcuts you take might be OK, but when you buy something that you discover you don’t like, make sure you can return that item.
One thing I suggest to prospective customers for a specific headphone, if I have that headphone on hand, is for them to suggest 2 or 3 music tracks by a particular artist and composer that I can sample on that headphone, not so much for me to suggest how it sounds, but mostly to check if that headphone has any real sonic issues with that music. For example, a headphone that’s ideal for classical and acoustic music might sound too harsh with metal and industrial goth.
Frequency response: Frequency-response specifications in full-size loudspeakers are generally pretty useless in predicting sound quality, but headphone frequency-response numbers are even worse. Manufacturers have routinely exaggerated frequency-response figures to the point that they're irrelevant. Even the flimsiest, cheap headphones routinely boast extremely low bass-response performance --15Hz or 20Hz -- but almost always sound lightweight and bright. Generally, bass buffs will be happier sticking with larger 'phones.
Earbuds have small speakers that rest on the ear canal of the wearer. These are usually much less expensive than on-ear and over-ear headphones and reproduce the sound well. However, outside sounds, such as traffic or power tools, can get past the earbuds and interfere with your enjoyment. Earbuds also don't stay in place very well if the wearer is moving much, such as exercising. These also are lower fidelity than on-ear and over-ear headphones.