Global Wireless Microphone Market Size, Share, and COVID-19 Impact Analysis, By Type (Handheld, Clip-on and Others), By Wi-Fi Band (2.4 GHz, 5 GHz, and 3.6 GHz), By End Users (Corporate, Education, Hospitality, Sporting Events, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 - 2032
Industry: Semiconductors & ElectronicsGlobal Wireless Microphone Market Insights Forecasts to 2032
- The Global Wireless Microphone Market Size was valued at USD 1.59 Billion in 2022
- The Market Size is growing at a CAGR of 8.3% from 2022 to 2032
- The Worldwide Wireless Microphone Market Size is expected to reach USD 3.55 Billion by 2032
- Asia-Pacific Market is expected to grow the fastest during the forecast period
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The Global Wireless Microphone Market size is anticipated to exceed USD 3.55 billion by 2032, growing at a CAGR of 8.3% from 2022 to 2032.
Throughout the projection period, the demand for wireless devices is anticipated to increase due to the expanding use of consumer electronics items in podcasting, public speaking, entertainment, and television broadcasting.
Market Overview
A wireless microphone, sometimes known as a cordless microphone, is a microphone that is directly connected to the sound recording or amplification equipment that is used with no physical cable. It's sometimes referred to as a radio microphone because it features a tiny, battery-operated radio transmitter inside the microphone body that sends radio waves to a nearby receiver device, which then receives the audio signal. Wireless microphones offer a convenient and adaptable method for broadcasting or recording audio. A journalist or performer can operate freely if there is no cable between the microphone and a camera, recorder, speaker, or other device. Radio signals are used by wireless microphones to transfer data between the transmitter and the receiver. Since wireless microphone vendors typically sell wireless microphones with receivers, this report studies receivers and wireless microphones as a unit. It uses very high frequency (VHF) or ultra-high frequency (UHF) bands because it allows the transmitter to use a discreet antenna. It is composed of a transmitter and a receiver. Throughout the projection period, the demand for wireless devices will rise due to the expanding use of consumer electronics items in podcasting, public speaking, entertainment, and television broadcasting. Many consumer electronics, including tablets, smartwatches, and smartphones, come equipped with built-in microphones.
Report Coverage
This research report categorizes the market for the global wireless microphone market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Wireless Microphone Market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the wireless microphone market.
Global Wireless Microphone Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 1.59 Billion |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 8.3% |
2032 Value Projection: | USD 3.55 Billion |
Historical Data for: | 2019-2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Type, By Wi-Fi Band, By End Users, By Region |
Companies covered:: | AKG Acoustics, Audio-Technica, Baltic Latvian Universal Electronics, LLC, Harman International Industries, inMusic Brands, LEWITT GmbH, Logitech, RØDE Microphones, Samson Technologies Corp., Saramonic, Sennheiser electronic GmbH & Co. KG, Shure Asia Limited, Sony Corporation, Yamaha Corporation and Other Key Vendors. |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
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Driving Factors
The market for wireless microphones is significantly driven by the rising popularity of consumer electronics such as computers, tablets, smartphones, and wearable technology. For speech input, voice recognition, video recording, and communication, these devices must have built-in microphones. The market for premium wireless microphones is driven by the growing need for smartphones with cutting-edge features and voice-activated virtual assistants like Alexa, Google Assistant, and Siri. The market for wireless microphones is predicted to grow as a result of increased sponsorship spending in sports. promotes companies in the industry to create wireless products for indoor arenas and stadiums used for sports. Unlike corded microphones, these devices have several benefits, including hands-free operations that allow for comfort and mobility. Throughout the forecast period, the industry growth is anticipated to be triggered by the use of such products in government infrastructure for communication applications.
Restraining Factors
A shortage of raw materials to supply the demand for microphone production is limiting market expansion. Some of the raw components used to make these microphones are magnets, wires, and voice coils. A lack of these materials could cause problems for the market's production process. Government restrictions on the frequency range of wireless devices and worries about battery efficiency are other issues affecting the market's expansion.
Market Segmentation
The Global Wireless Microphone Market share is classified into type, Wi-Fi band, and End-user.
The clip-on segment is expected to grow fastest in the global wireless microphone market during the forecast period.
Based on the type, the global wireless microphone market is divided into handheld, clip-on, and others. Among these, the clip-on wireless microphone segment is expected to grow fastest in the global wireless microphone market during the forecast period.The reason for the growth can be the lightweight and portability of clip-on microphones. Additionally, these gadgets let users give speeches or participate in public speaking events with their hands-free. With the wide-tuning, high-density mode, and enhanced RF performance of the transmitter, wireless digital audio can be achieved with the clip-on wireless microphone. Applications that enable hands-free operation, such as theatre, television, and public speaking, are their primary uses.
The 2.4 GHz segment is expected to grow at the highest pace in the global wireless microphone market during the forecast period.
Based on the Wi-Fi band, the global wireless microphone market is divided into 2.4 GHz, 5 GHz, and 3.6 GHz. Among these, the 2.4 GHz segment is expected to grow at the highest pace in the global wireless microphone market during the forecast period. The primary benefit of 2.4GHz for wireless systems is its global licensure-free operation, making it applicable in numerous nations and areas. This is the main cause behind the widespread use of 2.4GHz Wi-Fi wireless microphones. Although the majority of professional digital wireless systems continue to use the UHF band due to its superior audio quality and propagation, the more recent 2.4 GHz band has become a useful substitute for smaller applications that need fewer frequencies.
The corporate segment is expected to hold the largest share of the global wireless microphone market during the forecast period.
Based on the end user, the global wireless microphone market is divided into corporate, education, hospitality, sporting events, and others. Among these, the corporate segment is expected to hold the largest share of the global wireless microphone market during the forecast period. Businesses want to provide a meeting space devoid of noise, but this is only possible with appropriate audio interaction and intelligibility. These are the main elements that have increased wireless microphone adoption in the business sector.
Regional Segment Analysis of the Global Wireless Microphone Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the global wireless microphone market over the predicted timeframe.
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North America is projected to hold the largest share of the global wireless microphone market over the predicted years. The largest music market in the world is found in North America. According to the International Federation of the Phonographic Industry (IFPI), the United States represents one-third of the world market for recorded music. The American Federation of Musicians (AFM) and the American Federation of Television and Radio Artists (AFTRA) are two of the major music unions that represent a large number of recording artists and performers in the United States. Professional associations like the Recording Academy and the American Composers Forum, role-based organizations like the Songwriters Guild of America, and genre-specific associations like the Americana Music Association and the Gospel Music Association are all present in the nation.
Aisa-Pacific is expected to grow fastest in the global wireless microphone market during the forecast period. China is a key supplier of both completed goods and raw materials. Asia is an international hub for the production and export of Technological Consumer Goods (TCG), which include small and large household electronic appliances, laptops, computers, sound systems, microphones, and other necessary electronic equipment. Japan is home to the corporate offices of several of the largest consumer electronics companies in the world, including Mitsubishi, Toshiba, Panasonic, Sony, Nikon, and Hitachi.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved in the global wireless microphones along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- AKG Acoustics
- Audio-Technica
- Baltic Latvian Universal Electronics
- LLC
- Harman International Industries
- inMusic Brands
- LEWITT GmbH
- Logitech
- RØDE Microphones
- Samson Technologies Corp.
- Saramonic
- Sennheiser electronic GmbH & Co. KG
- Shure Asia Limited
- Sony Corporation
- Yamaha Corporation
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In April 2023, RØDE introduced updates to its current lineup in addition to the release of seven new products. Furthermore, the business is planning to release a software upgrade for the RØDECaster Pro II, which is expected to enable wireless microphone connectivity—a surprising hidden feature. The original Wireless GO, the Wireless GO II, and the Wireless ME, which have completely changed the category, are the products of its groundbreaking work in the wireless microphone arena. By releasing these most recent updates, the firm is demonstrating its commitment to pushing the limits of wireless technology, increasing the functionality of its devices, and enabling customers to realize their full creative potential.
- In November 2022, Sennheiser announced the release of the newest radio microphone in its Evolution Wireless Digital series, the EW-DX. With the integration of cutting-edge technology, this new microphone system creates a digital UHF system that is highly scalable and adaptable, streamlining professional processes. For professionals in need of high-quality wireless audio, the EW-DX provides an easy and effective solution with its sophisticated capabilities.
- In June 2022, The URX-P41D, a new dual-channel portable receiver with a digital audio interface that supports the MI (Multi-Interface) shoe, was introduced by Sony Electronics. This sophisticated receiver from the 4th Generation UWP-D Series has several important features, such as NFC Sync for quick and easy setup between the receiver and transmitter, improved sound quality via Digital Audio Processing, and modes like Auto Gain and Output level control. With these features, sound recording is even easier and offers customers a great audio experience.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Wireless Microphone Market based on the below-mentioned segments:
Global Wireless Microphone Market, By Type
- Handheld
- Clip-on
- Others
Global Wireless Microphone Market, By Wi-Fi Band
- 2.4 GHz
- 5 GHz
- 3.6 GHz
Global Wireless Microphone Market, By End Users
- Corporate
- Education
- Hospitality
- Sporting Events
- Others
Global Wireless Microphone Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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