The global wireless microphone market is estimated to reach
USD 3.51 billion by 2025, growing at a CAGR of 5.9%, according to a new study
by Grand View Research, Inc. Technological proliferation such as Wi-Fi and
Bluetooth enabled microphones are expected to drive the market growth over the
forecast period.
The evolving entertainment and media industry,
mainly in developing regions such as Asia Pacific and Latin America, has
fostered the demand for wireless microphone products. These products are used
for applications such as television broadcasting, public speaking, podcasting,
and performing arts. The preference for wireless microphones has increased
among consumers as these microphones enable performers to move their hands
freely, thereby increasing comfort.
The adoption of wireless microphones is anticipated
to grow in the Asia Pacific region. Global sports events such as Summer
Olympics 2020 and Winter Olympics 2022 are scheduled to be organized in the
region, which is presumed to propel the demand for wireless microphones. Furthermore,
the increasing application of microphones in government infrastructure is
expected to boost the adoption of wireless microphones in the Asia Pacific
region.
The changing regulatory scenario of wireless
spectrum across regions including North America and Europe is expected to
propel the market growth. It enables market participants to develop new
products that comply with the new spectrum regulations. Moreover, the new
products are developed to provide features such as efficient audio signal
transmission and high output audio quality.
Prominent & established industry players and new
entrants collaborate with each other for sharing expertise and resources. The
market is highly competitive and major companies are laying emphasis on
retaining their market shares. Moreover, there is a strong presence of small
and local manufacturing companies in the market, mainly in countries such as
China and Japan.
Full
Research Report On Global Wireless Microphone Market By Grand View
Research:
www.grandviewresearch.com/industry-analysis/wireless-microphone-market
www.grandviewresearch.com/industry-analysis/wireless-microphone-market
Further
key findings from the study suggest:
- The clip-on segment is expected to emerge as
the fastest growing segment, registering a CAGR of 6.8% over the forecast
period. Increasing public speaking events are encouraging the demand for
this segment.
- The North American region has announced changes
in regulations wherein the use of wireless frequency is restricted to
below 600 MHz. Any device operating above 600 MHz would be illegal.
- Radio Frequency (RF) band is the fastest
growing segment, registering a CAGR of 7.5% over the next eight years. The
RF band offers a large number of frequency options that facilitate the
selection of frequency depending on the application.
- Asia Pacific is estimated to be the
fastest-growing regional market due to the growth of sports and
entertainment events in the region leading to an increase in demand for
audio equipment
- Key industry participants include AKG
Acoustics, Audio-Technica Corporation, Blue, LEWITT GmbH, Rode
Microphones, Samson Technologies Inc., Sennheiser Electronic GmbH &
Co., Shure Incorporated, Sony Electronics, Inc., and Yamaha Corporation,
among others
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the global wireless microphone market
based on types, technology, end uses, and regions:
Wireless
Microphone Type Scope (Revenue, USD Million; 2014 - 2025)
- Handheld
- Clip-on
- Others
Wireless
Microphone Technology Scope (Revenue, USD Million; 2014 - 2025)
- Wi-Fi
Band
- 2.4
GHz
- 3.6
GHz
- 5 GHz
- Radio
Frequency Channel
- Single
Channel
- Dual
Channel
- Multi-Channel
- Radio
Frequency band
- 540
MHz - 680 MHz
- 721
MHz - 750 MHz
- 823
MHz - 865 MHz
Wireless
Microphone End-use Scope (Revenue, USD Million; 2014 - 2025)
- Corporate
- Education
- Hospitality
- Sporting
Events
- Others
Wireless
Microphone Regional Scope (Revenue, USD Million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Brazil
- MEA
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-wireless-microphone-market
www.grandviewresearch.com/press-release/global-wireless-microphone-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More
Information: www.grandviewresearch.com
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