Scope of the Study
The wireless microphone or radio microphone refers to a microphone that functions without the need for a wire or cable and connects to the sound system or amplifying equipment. It has a battery power operated a radio transmitter and aids in the transmission of an audio signal by radio waves to the receiver unit that recovers the audio. A cable connects other ends of the receiver unit. These microphones eliminate the trip hazards caused by cables at the performance stage. Additionally, Wireless microphones provide high comfort and mobility in comparison to wired microphones. Further, increasing sports events globally, the booming entertainment industry are the few factors driving the Global Wireless Microphone market.
The market study is being classified by Type (Handheld Microphones, Clip-On Microphones, Headset / Headworn and Others), by Application (Performance, Entertainment, Class/Training, Conference/Meeting and Other) and major geographies with country level break-up. According to AMA, the Global Wireless Microphone market is expected to see growth rate of 6.91%
Sennheiser electronic GmbH & Co. KG (Germany), Shure Incorporated (United States), Audio-Technica (Japan), AKG (United States), MIPRO (China), BBS (Hong Kong), Yamaha Corporation (United Kingdom), Takstar (China) and Sony Corporation (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Rode Microphones LLC (Australia), InMusic Brands (United States), Audix (United States), LEWITT (Australia) and Blue Microphones (United States).
The Global Wireless Microphone is fragmented with several top regional and international market players. The major players are emphasizing on retaining their market share by leveraging various strategies such as acquisition, mergers, innovations, product launches, etc. For instance, In June 2018, Lectrosonics upgraded Digital Hybrid Wireless microphone to 941-960 MHz frequency band for the United States.
AdvanceMarketAnalytics has segmented the market of Global Wireless Microphone market by Type, Application and Region.
On the basis of geography, the market of Wireless Microphone has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End users, the sub-segment i.e. Educational Institutions will boost the Wireless Microphone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Wi-Fi will boost the Wireless Microphone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Wireless Microphone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Adoption of Wireless Devices
- Increasing Capital Investment in R & D Activities
- High Reliability on Portable & Remote Electronic Devices
- Emergence of New Digital Technologies
- Evolving Entertainment & Media Industry
- High Operating Costs Due To an Extensive Inventory
- Technological Obsolescence
- Ease In Portability, And Remote Accessibility among Customers
- Increase in Usage of Wireless Microphones in Commercial Applications Such as Call Centers, Shows, Events Etc.
- Falling Profit Margins and Fragmentation of the Market
- Regulatory Restrictions on the Frequency Band and Possible Interference from FM Systems, Microwave, and Other Devices.
Market Leaders and their expansionary development strategies
In June 2018, ClearOne, a leader in audio and visual communications announced the launch of a new wireless microphone that operates in the 537-563 Mhz in response to new FCC rules restricting the use of specific frequencies in North America. and The WS800 Wireless Microphone system comes with tabletop, gooseneck, hand-held and belt-pack lavalier models of wireless microphones/transmitters and a base-station receiver with either 4 or 8 channels.
March 2018, Galaxy Audio launched Trek handheld as well as lavalier wireless microphones and is applicable in multiple events, media, and entertainment.
Key Target AudienceWireless Microphone Manufacturers, Telecommunication companies, Training center, Schools, Manufacturers, Electronic components providers, Potential Investors and Downstream Vendors
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