Global Wireless Microphone Market Report 2019: Market Value is Expected to Reach USD 4,853 Million in 2026

Global Wireless Microphone Market Report 2019: Market Value is Expected to Reach USD 4,853 Million in 2026

  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2019 to 2026

A wireless microphone is a microphone without a physical cable connecting it directly to the amplifying equipment with which it is associated. Also known as a radio microphone, it has a small, battery-powered radio transmitter in the microphone body, which transmits the audio signal from the microphone by radio waves to a nearby receiver unit, which recovers the audio. The other audio equipment is connected to the receiver unit by a cable.

Market Snapshot

This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Wireless Microphone market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East, and Africa.

The global Wireless Microphone market is expected to increase from USD 3,080 million in 2019 to USD 4,853 million by 2026, registering a CAGR of 6.71% from 2019 to 2026.

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Competitive Landscape

Major manufacturers profiled in the analysis report include Sennheiser, Audio-Technica, AKG, Shure, RDE, LEWITT, Samson, InMusic Brands, Sony, Yamaha, Blue, MIPRO Electronics, SUPERLUX, SE Electronics, Takstar, Feilo, Lane, Audix, and others.

Growth Driver

Technological proliferation such as Wi-Fi and Bluetooth enabled microphones are propelling the growth of the Wireless Microphone market. Moreover, the growing use of these products in podcasting, public speaking, entertainment, and television broadcasting is also projected to stimulate this market’s growth.

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Regional Overview

North America is the global market leader at a share of 32.86%. The United States has the largest global export quantity and manufacturers in Wireless Microphone market. Europe is currently leading Asia-Pacific with a share of 29.47% and 27.55%. The Asia Pacific is estimated to grow during the forecast period. This can be attributed to the growth of sports and entertainment events in the region leading to an increase in demand for audio equipment. Moreover, the increasing application of microphones in government infrastructure is also anticipated to propel the market in Asia-Pacific.

Type Overview

By product type, the Wireless Microphone market is segmented into Handheld, Headwom, Clipper, and Other.

Application Overview

Based on application, this market is divided into Conference/Meeting, Class/Training, Performance, and Other.

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Target Audience:

l Wireless Microphone manufacturers

l Raw material suppliers of Wireless Microphone

l Distributors and resellers of Wireless Microphone

l Wireless Microphone industry associations

l Product managers, Wireless Microphone industry administrator, C-level executives of the industries

l Market Research and consulting firms

l Small and Medium-sized Enterprises (SMEs)

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