Market Scenario:
Regionally, North America accounted for the largest market share from countries such U.S., Canada and Mexico among others. This is due to the presence of some leading industry participants such as Shure Incorporated (U.S.), Sony Electronics, Inc. (U.S.), Samson Technologies Inc. (U.S.), Blue Microphones (U.S.) and in Music Brands, Inc. (U.S.). However, Asia Pacific is expected to grow over the forecast period, 2017-2023.
The global Wireless Microphone Market can be bifurcated as technology, product type, applications and region. On the basis of technology, the market can be segmented as Wi-Fi band, radio frequency channel and radio frequency band. Wi-Fi band is further segmented into 2.4 GHz, 3.6 GHz and 5 GHz, radio frequency channel into Single Channel, Dual Channel, Multi-Channel and radio frequency band segment into 540 MHz - 680 MHz, 721 MHz - 750 MHz, 823 MHz - 865 MHz Based on product type, the market is segmented into handheld, headwom, clipper, other. Corporate usage, entertainment, education, hospitality, events, military/defense and others are the applications covered under the study of wireless microphone market.
Geographically, the market is segmented into North America, Europe, Asia Pacific and Rest of the World. The regional segment is further bifurcated into U.S., Canada, Mexico, UK, France, Germany, China, Japan and India.
The factors contributing to the growth of the wireless microphone market are growing adoption of technology coupled with growing consumer electronics market. Furthermore, factors such as increasing sports events globally, booming entertainment industry are expected to boost the growth of the wireless microphone market over the forecast period, 2017-2023. However, complexity in assembly of microphone is a factor hampering the growth of the overall market.
The global wireless microphone market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The wireless microphone market is highly competitive due to the presence of several large vendors.
The global wireless microphone market is expected to reach approximately USD 3.63 billion by the end of 2023 with 8.44% CAGR during forecast period 2017-2023.
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The key players:
Shure Incorporated (U.S.),
Sennheiser electronic GmbH & Co. KG (Germany),
Sony Electronics, Inc. (U.S.)
Audio-Technica Corporation (Japan),
Yamaha Corporation (Japan)
LEWITT GmbH (Austria),
Samson Technologies Inc. (U.S.),
Rode Microphones (Australia),
AKG Acoustics (Austria),
Blue Microphones (U.S.)
Music Brands, Inc. (U.S.)
Segments:
For the purpose of this study, Market Research Future has segmented the market of Wireless Microphone into technology, product type, application and region.
By Technology:
Wi-Fi Band
4 GHz
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 MH
By Product type
Handheld
Headwom
Clipper
Other
By Applications
Corporate Usage
Entertainment
Education
Hospitality
Events
Military/Defense
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Rest of Europe
Asia-Pacific
China
Japan
India
Rest Of Asia Pacific
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Intended Audience:
Telecommunication companies
Training center
Schools
Manufacturers
Electronic components providers
Corporate
Television
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