Wireless Microphone Market - By Product (Handheld, Clip-on), By Technology (Wi-Fi Band, Radiofrequency Band), By Radiofrequency Channel (Single Channel, Dual Channel, Multi-channel), By End-use & Forecast, 2024

Description

Wireless Microphone Market size will depict over 6.7% CAGR from 2024 to 2032, driven by the emerging trend of more environmentally sustainable products coupled with rapid advances in battery technologies for longer battery life and quicker charging times. According to audio solution leader Shure, more than 100 million AA batteries would be saved from landfills by 2027. Wireless microphones are also increasingly integrated with digital audio networks, such as Dante and AVB to render seamless connectivity and control within larger audio ecosystems, complementing the market growth.

The overall industry is segmented into product, technology, radio frequency channel, end-use, and region.

In terms of technology, the wireless microphone industry value from the radio frequency band segment is anticipated to witness strong growth between 2024 and 2032. This can be attributed to the advantages offered by radio frequency (RF) microphones in terms of performance, convenience, and adaptability across various professional and consumer applications. Growing usage in sectors like entertainment, broadcasting, corporate, education, and hospitality will also play a key role in the segment growth.

Based on end-use, the wireless microphone market share from the hospitality segment will foresee considerable expansion up to 2032. Wireless microphones are used by guest service teams during large events to coordinate activities and manage guest requests more efficiently. Hotels and resorts with fitness centers and recreational programs also utilize these microphones for fitness instructors, tour guides, and activity coordinators to communicate effectively with participants.

Regionally, the Europe wireless microphone industry size may record substantial CAGR between 2024 and 2032, supported by hefty investments in the entertainment, education, and corporate sectors along with the proliferation of digital content creation. Europe is witnessing regulatory shifts impacting frequency spectrum allocations, which are influencing the design and adoption of wireless microphones to ensure compliance with new standards. The increasing demand for higher audio quality and reliability in wireless microphone systems, driven by the strong needs in broadcasting, live events, and corporate settings will boost the regional product demand.

Product Code: 9798

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Technological advancements
  - 3.8.1.2 Increasing demand in live events
  - 3.8.1.3 Streaming and content creation boom
  - 3.8.1.4 Expansion in the education sector
  - 3.8.1.5 Wireless integration in AV systems
- 3.8.2 Industry pitfalls & challenges
  - 3.8.2.1 Spectrum allocation issues
  - 3.8.2.2 Interference and reliability concern
3.9 Growth potential analysis
3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Product, 2021 - 2032 (USD Billion)

5.1 Handheld
5.2 Clip-on
5.3 Others

Chapter 6 Market Estimates & Forecast, By Technology, 2021 - 2032 (USD Billion)

6.1 Wi-Fi band
- 6.1.1 2.4 GHz
- 6.1.2 3.6 GHz
- 6.1.3 5 GHz
6.2 Radio frequency band
- 6.2.1 540 MHz - 680 MHz
- 6.2.2 721 MHz - 750 MHz
- 6.2.3 823 MHz - 865 MHz

Chapter 7 Market Estimates & Forecast, By Radio frequency channel, 2021 - 2032 (USD Billion)

7.1 Single channel
7.2 Dual channel
7.3 Multi-channel

Chapter 8 Market Estimates & Forecast, By End-Use, 2021 - 2032 (USD Billion)

8.1 Corporate
8.2 Education
8.3 Hospitality
8.4 Sporting events
8.5 Others

Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2032 (USD Billion)

9.1 Key trends
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Rest of Europe
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Rest of Asia Pacific
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Rest of Latin America
9.6 MEA
- 9.6.1 UAE
- 9.6.2 South Africa
- 9.6.3 Saudi Arabia
- 9.6.4 Rest of MEA

Chapter 10 Company Profiles

10.1 AirbusAKG Acoustics
10.2 Audio-Technica Corporation
10.3 Azden Corporation
10.4 Beyerdynamic GmbH & Co. KG
10.5 Blue Microphones
10.6 Countryman Associates, Inc.
10.7 Electro-Voice (EV)
10.8 Harman International Industries, Incorporated
10.9 Hollyland Technology
10.10 KLOTZ AIS GmbH
10.11 Lectrosonics, Inc.
10.12 Mipro Electronics Co., Ltd.
10.13 Peavey Electronics Corporation
10.14 Phonic Corporation
10.15 RODE Microphones
10.16 Samson Technologies Corp.
10.17 Sennheiser electronic GmbH & Co. KG
10.18 Shure Inc.
10.19 Sony Corporation
10.20 Taiden Industrial Co., Ltd.
10.21 Tascam
10.22 TOA Corporation
10.23 Vivolink (a brand of NEETS A/S)
10.24 Yamaha Corporation
10.25 Zoom Corporation

Wireless Microphone Market - By Product (Handheld, Clip-on), By Technology (Wi-Fi Band, Radiofrequency Band), By Radiofrequency Channel (Single Channel, Dual Channel, Multi-channel), By End-use & Forecast, 2024 - 2032