Report Details-
North America Wireless Microphone Market, By Product Type (Handheld, Clip On, and Bodypack), Type (Micro-Electro-Mechanical System (MEMS) Microphones, Electret Condenser Microphones (ECMS), and Others), Technology (Bluetooth, Radio Frequency, Bluetooth + Wi-Fi, Airplay, Wi-Fi, and Others), Price (Below 500 USD, 500 - 900 USD, 900 - 1,500 USD, And Above 1,500 USD), Application (Entertainment, Corporate, Education, and Others) Industry Trends and Forecast to 2029.
Market Analysis and Size
Currently, MEMS and ECM are in high demand in a wide range of industries such as consumer electronics, medical electronics, industrial robotics, automotive electronics, and others. High-level competition in the global market demands rapid new product development in order to survive in the market. Continued demand for technological advancements such as 5G technology, automation, internet of things, and others helps in increasing the wireless microphones demand.
Some of the factors which are driving the market growth are rise in wireless microphone technology, increase in adoption of next-generation consumer electronics, and growing demand for the soft electronic components. However, limitations in terms of sensitivity, noise, and power consumption are expected to hamper the growth of the market.
Data Bridge Market Research analyses that the North America wireless microphone market is expected to reach the value of USD 1,072.08 million by 2029, at a CAGR of 8.1% during the forecast period. “Handheld" accounts for the largest technology segment in the Wireless microphone market due to rapid developments in technological pathways to commercialize the use of handheld wireless microphone. The wireless microphone market report also covers pricing analysis, patent analysis, and technological advancements in depth.
Market Definition
A wireless microphone, sometimes known as a cordless microphone, is a microphone that does not have a physical cable connecting it to the sound recording or amplifying equipment it is used with. It features a tiny, battery-powered radio transmitter built into the microphone body that sends the audio signal from the microphone via radio waves to a nearby receiver device, which recovers the audio. The receiver device is connected to the other audio equipment through a cable. The transmitter is housed into the body of one type of portable microphone.
Wireless Microphone Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Rise in wireless microphone technology
Growing automation in the automotive sector has increased the demand for various types of wireless microphone related products, which are used in driver assistance systems, controllers, power integrated devices, telematics, and North America Positioning Systems (GPS). These devices are widely used in Electric Vehicles (EVs) and autonomous vehicles. Hence, rise in demand for electric cars is estimated to spur product adoption over the forecast period. With the advent of connected technologies, the manufacturing industry is rapidly transforming.
- Increase in adoption of next generation consumer electronics
Consumer electronics are electronic gadgets that can connect, share, and interact with its users and other smart devices. Smaller size and higher computing power of few gigabytes make it different from general consumer electronic devices present in the market.
Continuous investments by industry players in R&D for the development of new smart consumer electronic products, including smartphones, smart wearables, and smart homes increase the demand for wireless microphones.
Post COVID-19 Impact on North America Wireless Microphone Market
COVID-19 created a major impact on the Wireless microphone market as almost every country has opted for the shutdown for every production facility except the ones dealing in producing the essential goods. The government has taken some strict actions such as the shutdown of production and sale of non-essential goods, blocked international trade, and many more to prevent the spread of COVID-19. The only business which is dealing in this pandemic situation is the essential services that are allowed to open and run the processes.
The growth of the Wireless microphone market is increasing due to growing automation in the automotive sector has increased the demand for various types of wireless microphone related products, which are used in driver assistance systems, controllers, power integrated devices, telematics, and North America Positioning Systems (GPS). These devices are widely used in Electric Vehicles (EVs) and autonomous vehicles. Hence, rise in demand for electric cars is estimated to spur product adoption over the forecast period. However, factors such as inadequate availability of raw material to meet wireless microphone production demand are restraining the market growth. The shutdown of production facilities during the pandemic situation has had a significant impact on the market.
North America Wireless Microphone Market Scope
North America wireless microphone market is segmented on the basis of type, product type, technology, price and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Handheld
- Clip On
- Bodypack
On the basis of product type, the North America wireless microphone market is segmented into handheld, clip on and bodypack.
Type
- Micro-Electro-Mechanical System (MEMS) Microphone
- Electret Condenser Microphone (ECMS)
- Others
North America Wireless Microphone Market Regional Analysis/Insights
North America Wireless microphone market is analyzed and market size insights and trends are provided by country, product type, type, technology, price and application industry as referenced above.
The countries covered in the North America Wireless microphone market report are U.S., Canada and Mexico in North America.
U.S. is dominating the North America wireless microphone market due to the broad base of the sports event industry in the country with significant spending in the sports vertical is set to drive the market growth for various devices and equipment used for audio acquisition including the wireless microphones. There has been an increase in the demand for head-worn, handheld, and instrument wireless microphones over the past few years.
Competitive Landscape and North America Wireless Microphone Market Share Analysis
North America wireless microphone market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to wireless microphone market.
Some of the major players operating in the North America wireless microphone market are
Ø Shure Incorporated,
Ø Sennheiser electronic GmbH & Co. KG,
Ø Cirrus Logic, Inc.,
Ø Lectrosonics,
Ø Audio-Technica,
Ø RØDE,
Ø MIPRO Electronics,
Ø Yamaha Corporation.,
Ø LEWITT GmbH,
Ø Saramonic,
Ø TONOR,
Ø Phenyx Pro,
Ø Honeywell International Inc.,
Ø Robert Bosch GmbH,
Ø Crestron Electronics, Inc.,
Ø Bogen Communications LLC,
Ø SAMSUNG,
Ø Turtle Beach,
Ø Knowles Electronics,
Ø Bose Corporation,
Ø Sonos, Inc.,
Ø GoPro Inc.,
Ø TOA Corporation,
Ø Plantronics, Inc.,
Ø Panasonic Corporation,
Ø Sony Corporation,
Ø LG Electronics,
Ø TDK Corporation.,
Ø Goertek and
Ø VOXX International Corp.
among others.
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Research Methodology: North America Wireless Microphone Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 IMPACTS OF COVID-19 ON THE NORTH AMERICA WIRELESS MICROPHONES MARKET
7 NORTH AMERICA WIRELESS MICROPHONES MARKET, BY INDUSTRY TYPE
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