Wireless Microphone Market Sales Analysis & Opportunity

Introduction

Manufacturers of wireless microphones would do well to focus on expanding their business across countries in the APAC and North America where there is increasing demand for innovative wireless microphones that are used in various applications such as public speaking, interviews, corporate conferences, house of worship, and concerts.

The exponential use of wireless microphones in concerts, musical events, sports events, and broadcasting studios across the globe along with a growing adoption in educational institutes is primarily responsible for a significant increase in the revenue share of the global wireless microphone market.

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Adoption of wireless microphones to increase exponentially in North America

There has been an increase in the demand for head worn, handheld and instrument wireless microphones in North America over the past few years. An exponential use of wireless microphones in concerts, musical events, sporting tournaments, and broadcasting studios in this region is fueling revenue growth of the wireless microphone market across North America.

Wireless Microphone Market

U.S. is the dominant country in the North America wireless microphone market. The presence of various key players and the advancement of wireless technologies are some of the factors that support the dominance of the U.S. in the global wireless microphone market.

South East Asia (SEA) to give tough competition to North America in terms of adoption of wireless microphones

The growth in IoT and M2M communication in India and ASEAN countries has created immense opportunity for the wireless microphone market in SEA. Also, governmental initiatives towards the development of wireless technology is also supporting the growth of the market in the region. In Asia Pacific, wireless microphone manufacturers are focused on investing in R&D activities to develop advanced and cost-effective products in order to gain a competitive advantage in the market.

For instance, handheld microphones are made for hands-free operations in various applications such as events, concerts, corporate meetings, etc. The advancement in wireless microphone technology is fuelling the growth of the wireless microphone market in the SEA region. Various innovations in audio technology are further expected to boost revenue growth of the wireless microphone market. The Asia Pacific wireless microphone market is growing rapidly owing to recent innovations that offer unique capabilities in products and provide various benefits to manufacturers.

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Western and Eastern Europe to climb the growth ladder in the long run

Manufacturers of wireless microphones in Europe have been focusing on building a fast and more effective sales and distribution network for their products across key local markets. As a part of meeting their objectives, manufacturers are using online sales channels to help customers buy various types of microphones. Furthermore, they are also providing price incentives for online purchases, and have been stationing their direct business development representatives and agents in various cities to ensure quick product delivery.

The launch of corporate e-learning programmes, which are designed for skill development and to train employees, is driving the demand for wireless microphones in the global market. The implementation of IT-enabled training rooms coupled with a boost in the employment rate in some of the major European countries is expected to contribute to the revenue growth of the global wireless microphone market during the forecast period.

Russia is one of the prominent countries in the Europe wireless microphone market. The continuous development in wireless technology and an increase in the number of events and shows due to a steady rise in tourism is one of the major factors contributing to the growth of the wireless microphone market in the region.

Market Taxonomy

By Supporting Technology:

Bluetooth
Wi-Fi
Others (NFC, RFID, etc.)

By Type:

Handheld
Clip-on
Headworn
Lavalier
Bodypack
Others

By End User:

Events
Education
Corporate Sector
Media & Entertainment
Government
Aerospace & Defense
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
China
Japan
Middle East and Africa

Frequently Asked Questions

How is the Wireless Microphone Market Growing?

The wireless microphone market is estimated to grow at a CAGR of 8% during the forecast period.

What is the Major Driving Factor of the Wireless Microphone Market?

The efficiency and reliability of wireless systems have led to much enhanced audio quality in coverage of live events.

How much Valuation can be Expected by 2032 for the Wireless Microphone Market?

The market is likely to secure a revenue of about US$ 6117.98 Mn, by 2032.

Which is the Dominant Wireless Microphone Market?

North America is expected to hold a dominant share of the wireless microphone market.

Table of Content

1. Executive Summary
    1.1. Market Overview
    1.2. Market Analysis
    1.3. FMI Analysis and Recommendations
    1.4. Wheel of Fortune
2. Market Introduction
    2.1. Market Definition
    2.2. Market Taxonomy
    2.3. Analyst Credentials
    2.4. About FMI
3. Market Background
    3.1. Macro-Economic Factors
    3.2. Forecast Factors – Relevance & Impact
    3.3. Value Chain
    3.4. Market Dynamics
        3.4.1. Drivers
        3.4.2. Restraints
    3.5. Opportunity Analysis
4. Market Forecast
    4.1. Market Size and Y-o-Y Growth
    4.2. Absolute $ Opportunity
5. Global Market Analysis By Type
    5.1. Introduction
        5.1.1. Market Value Share Analysis By Type
        5.1.2. Y-o-Y Growth Analysis By Type
    5.2. Historical Market Size (US$ Mn) Analysis 2013-2017 By Type
    5.3. Current Market Size (US$ Mn) and Forecast 2018-2028 By Type
        5.3.1. Handheld Wireless Microphone
        5.3.2. Clip-on Wireless Microphone
        5.3.3. Lavalier Wireless Microphone
        5.3.4. Bodypack Wireless Microphone
        5.3.5. Headworn Microphone
        5.3.6. Instrument Wireless Microphone
        5.3.7. Others
    5.4. Market Attractiveness Analysis By Type
6. Global Market Analysis By Supporting Technology
    6.1. Introduction
        6.1.1. Market Value Share Analysis By Supporting Technology
        6.1.2. Y-o-Y Growth Analysis By Supporting Technology
    6.2. Historical Market Size (US$ Mn) Analysis 2013-2017 By Supporting Technology
    6.3. Current Market Size (US$ Mn) and Forecast 2018-2028 By Supporting Technology
        6.3.1. Wi-Fi
        6.3.2. Bluetooth
        6.3.3. Others
    6.4. Market Attractiveness Analysis By Supporting Technology
7. Global Market Analysis By End-user
    7.1. Introduction
        7.1.1. Market Value Share Analysis By End-user
        7.1.2. Y-o-Y Growth Analysis By End-user
    7.2. Historical Market Size (US$ Mn) Analysis 2013-2017 By End-user
    7.3. Current Market Size (US$ Mn) and Forecast 2018-2028 By End-user
        7.3.1. Events
        7.3.2. Education
        7.3.3. Corporate Sector
        7.3.4. Media & Entertainment
        7.3.5. Government
        7.3.6. Aerospace & Defense
        7.3.7. Others
    7.4. Market Attractiveness Analysis By End-user
8. Global Market Analysis By Region
    8.1. Introduction
        8.1.1. Market Value Share Analysis By Region
        8.1.2. Y-o-Y Growth Analysis By Region
    8.2. Historical Market Size (US$ Mn) Analysis 2013-2017 By Region
        8.2.1. North America
        8.2.2. Latin America
        8.2.3. Western Europe
        8.2.4. Eastern Europe
        8.2.5. MEA
        8.2.6. South East Asia and Others of Asia Pacific
        8.2.7. China
        8.2.8. Japan
    8.3. Current Market Size (US$ Mn) and Forecast 2018-2028 By Region
        8.3.1. North America
        8.3.2. Latin America
        8.3.3. Western Europe
        8.3.4. Eastern Europe
        8.3.5. MEA
        8.3.6. South East Asia and Others of Asia Pacific
        8.3.7. China
        8.3.8. Japan
    8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis
    9.1. Introduction
    9.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2013-2017
    9.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018–2028
        9.3.1. By Country
            9.3.1.1. U.S.
            9.3.1.2. Canada
        9.3.2. By Type
        9.3.3. By Supporting Technology
        9.3.4. By End-user
    9.4. Market Attractiveness Analysis
        9.4.1. By Country
        9.4.2. By Type
        9.4.3. By Supporting Technology
        9.4.4. By End-user
    9.5. Market Trends
    9.6. Key Market Participants – Intensity Mapping
    9.7. Drivers and Restraints – Impact Analysis
10. Latin America Market Analysis
    10.1. Introduction
    10.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2013-2017
    10.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018–2028
        10.3.1. By Country
            10.3.1.1. Brazil
            10.3.1.2. Mexico
            10.3.1.3. Rest of Latin America
        10.3.2. By Type
        10.3.3. By Supporting Technology
        10.3.4. By End-user
    10.4. Market Attractiveness Analysis
        10.4.1. By Country
        10.4.2. By Type
        10.4.3. By Supporting Technology
        10.4.4. By End-user
    10.5. Market Trends
    10.6. Key Market Participants – Intensity Mapping
    10.7. Drivers and Restraints – Impact Analysis
11. Western Europe Market Analysis
    11.1. Introduction
    11.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2013-2017
    11.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018–2028
        11.3.1. By Country
            11.3.1.1. Germany
            11.3.1.2. Italy
            11.3.1.3. France
            11.3.1.4. Spain
            11.3.1.5. U.K.
            11.3.1.6. BENELUX
            11.3.1.7. Rest of Western Europe
        11.3.2. By Type
        11.3.3. By Supporting Technology
        11.3.4. By End-user
    11.4. Market Attractiveness Analysis
        11.4.1. By Country
        11.4.2. By Type
        11.4.3. By Supporting Technology
        11.4.4. By End-users
    11.5. Market Trends
    11.6. Key Market Participants – Intensity Mapping
    11.7. Drivers and Restraints – Impact Analysis
12. Eastern Europe Market Analysis
    12.1. Introduction
    12.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2013-2017
    12.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018–2028
        12.3.1. By Country
            12.3.1.1. Russia
            12.3.1.2. Poland
            12.3.1.3. Rest of Eastern Europe
        12.3.2. By Type
        12.3.3. By Supporting Technology
        12.3.4. By End-user
    12.4. Market Attractiveness Analysis
        12.4.1. By Country
        12.4.2. By Type
        12.4.3. By Supporting Technology
        12.4.4. By End-user
    12.5. Market Trends
    12.6. Key Market Participants – Intensity Mapping
    12.7. Drivers and Restraints – Impact Analysis
13. South East Asia and Others of of Asia Pacific Market Analysis
    13.1. Introduction
    13.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2013-2017
    13.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018–2028
        13.3.1. By Country
            13.3.1.1. India
            13.3.1.2. ASEAN
            13.3.1.3. Australia and New Zealand
            13.3.1.4. Rest of APAC
        13.3.2. By Type
        13.3.3. By Supporting Technology
        13.3.4. By End-user
    13.4. Market Attractiveness Analysis
        13.4.1. By Country
        13.4.2. By Type
        13.4.3. By Supporting Technology
        13.4.4. By End-user
    13.5. Market Trends
    13.6. Key Market Participants – Intensity Mapping
    13.7. Drivers and Restraints – Impact Analysis
14. China Market Analysis
    14.1. Introduction
    14.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2013-2017
    14.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018–2028
        14.3.1. By Type
        14.3.2. By Supporting Technology
        14.3.3. By End-user
    14.4. Market Attractiveness Analysis
        14.4.1. By Type
        14.4.2. By Supporting Technology
        14.4.3. By End-user
    14.5. Market Trends
    14.6. Key Market Participants – Intensity Mapping
    14.7. Drivers and Restraints – Impact Analysis
15. Japan Market Analysis
    15.1. Introduction
    15.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2013-2017
    15.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018–2028
        15.3.1. By Type
        15.3.2. By Supporting Technology
        15.3.3. By End-user
    15.4. Market Attractiveness Analysis
        15.4.1. By Type
        15.4.2. By Supporting Technology
        15.4.3. By End-user
    15.5. Market Trends
    15.6. Key Market Participants – Intensity Mapping
    15.7. Drivers and Restraints – Impact Analysis
16. Middle East and Africa Market Analysis
    16.1. Introduction
    16.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2013-2017
    16.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018–2028
        16.3.1. By Country
            16.3.1.1. GCC Countries
            16.3.1.2. South Africa
            16.3.1.3. Northern Africa
            16.3.1.4. Turkey
            16.3.1.5. Rest of Middle East and Africa
        16.3.2. By Type
        16.3.3. By Supporting Technology
        16.3.4. By End-user
    16.4. Market Attractiveness Analysis
        16.4.1. By Country
        16.4.2. By Type
        16.4.3. By Supporting Technology
        16.4.4. By End-user
    16.5. Market Trends
    16.6. Key Market Participants – Intensity Mapping
    16.7. Drivers and Restraints – Impact Analysis
17. Market Structure Analysis
    17.1. Market Analysis by Tier of Companies
        17.1.1. By Large, Medium and Small
    17.2. Market Concentration
        17.2.1. By Top 5 and by Top 10
    17.3. Market Share Analysis of Top 10 Players
    17.4. Market Presence Analysis
        17.4.1. Regional footprint of Players
        17.4.2. Product foot print by Players
        17.4.3. Channel Foot Print by Players
    17.5. Technology Roadmap
18. Competition Analysis
    18.1. Competition Dashboard
    18.2. Competition Benchmarking
    18.3. Competition Developments
    18.4. Competition Deep Dive
        18.4.1. Shure Incorporated
        18.4.2. DPA Microphones
        18.4.3. Rode Microphones
        18.4.4. Audio-Technica Corporation
        18.4.5. Sennheiser electronic GmbH & Co. KG
        18.4.6. Samson Technologies Inc.
        18.4.7. AKG Acoustics (Harman International Industries)
        18.4.8. MIPRO Electronics
        18.4.9. inMusic Brands, Inc.
        18.4.10. JTS Professional