Wireless Microphones Market

Global Wireless Microphones Market by Type (Handheld Wireless Microphone, Clip-on Wireless Microphone, and Others), Applications (Residential and Commercial), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: CG-694
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 152
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The global wireless microphones market size was valued at USD 1.55 billion in 2020 and is projected to reach USD 2.84 billion by 2028 at a CAGR of 8.15% during the forecast period. The growth of the market is attributed to its drivers such as growing use of consumer electronics products in podcasting, public speaking, entertainment, and television broadcasting.

Wireless microphone is a microphone without a physical cable connection. It is connected directly to the sound recording equipment. Wireless microphone is also known as radio microphone and it has a small battery - powered radio transmitter in the microphone body. It transmits the audio signal from the microphone by radio waves to a nearby receiver unit, which recovers the audio. These microphones are portable and can record or broadcast sound freely. Wireless microphones use radio signals to communicate between the transmitter and the receiver. Increasing sponsorship in sports activities is projected to drive the wireless microphone market. These microphones are used for announcement and commentary purpose. Use of these products in government infrastructure for communication is expected to boost the market during the forecast period.

Global Wireless Microphones Market Summary

Market Trends, Drivers, Restraints, and Opportunities

  • Rise in sports events worldwide is estimated to boost the market.
  • Rapid growth of television and radio industry is the major factor fueling the market during the forecast period.
  • Frequency policies by governments and battery issues act as major factors that hinder the market growth.
  • Wireless devices are cost effective as they reduce the cost of cabling, this in turn drives the market.

Scope of the Report

The report on the global wireless microphones market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Wireless Microphones Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2021–2028

Segmentation

Types (Handheld Wireless Microphone, Clip-on Wireless Microphone, and Others) and Applications (Residential and Commercial)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Sennheiser Electronic, Apple, Koninklijke Philips, Harman International Industries, Bose, and Shure, Sony, Sonos, VOXX International, VIZIO, and Blue Microphones.

 

Market Segment Insights:

The handheld wireless microphone segment estimated to hold major market share
Based on types, the global wireless microphones market is segregated into handheld wireless microphone, clip-on wireless microphone, and others. The handheld microphones segment was valued at USD 1273.9 billion in 2019. Handheld devices are used for several applications such as public speaking events, lectures, and music events. Growth of the segment is attributed to its low cost and reliability.

The clip-on segment is projected to expand at a robust CAGR during the forecast period. Growth of the segment is attributed to features such as light weight and portability. The rise in public speaking events is anticipated to boost the clip-on device market.

Global Wireless Microphones Market By Type

The commercial segment is projected to expand at a rapid pace
On the basis of applications, the global wireless microphones market is bifurcated into residential and commercial. The commercial segment is estimated to hold major market share. Commercial use of wireless microphone includes sports, television, and radio podcast. Sporting events is the fastest growing segment, registering a CAGR of 7.8% over the forecast period. The growth in sports events has surged the demand of microphone products for announcements, commentary, and speech purposes.

Global Wireless Microphones Market By End-users

The market in North America is projected to hold a major market share
In terms of regions, the global wireless microphones market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is subjected to hold major share in the global microphones market. This is due to the presence of some leading industry participants such as Shure Incorporated, Sony Electronics, Inc., Samson Technologies Inc., Blue Microphones, and in Music Brands, Inc. in the region.

The market in Asia Pacific is expected to grow during the coming year as, the growing media and sports industry in the region is expected to propel the market. Furthermore, increasing trend of video logging in the region has enabled the adoption of RF-enabled products for effective sound recording.

Global Wireless Microphones Market By Region

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wireless Microphones Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Wireless Microphones Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Wireless Microphones Market - Supply Chain
  4.5. Global Wireless Microphones Market Forecast
     4.5.1. Wireless Microphones Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Wireless Microphones Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Wireless Microphones Market Absolute $ Opportunity
5. Global Wireless Microphones Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Wireless Microphones Market Size and Volume Forecast by Types
     5.3.1. Handheld Wireless Microphone
     5.3.2. Clip-on Wireless Microphone
     5.3.3. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Wireless Microphones Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Wireless Microphones Market Size and Volume Forecast by End Users
     6.3.1. Residential
     6.3.2. Commercial
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Wireless Microphones Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Wireless Microphones Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Wireless Microphones Demand Share Forecast, 2019-2026
8. North America Wireless Microphones Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Wireless Microphones Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Wireless Microphones Market Size and Volume Forecast by Types
     8.4.1. Handheld Wireless Microphone
     8.4.2. Clip-on Wireless Microphone
     8.4.3. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Wireless Microphones Market Size and Volume Forecast by End Users
     8.7.1. Residential
     8.7.2. Commercial
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Wireless Microphones Demand Share Forecast, 2019-2026
9. Latin America Wireless Microphones Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Wireless Microphones Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Wireless Microphones Market Size and Volume Forecast by Types
     9.4.1. Handheld Wireless Microphone
     9.4.2. Clip-on Wireless Microphone
     9.4.3. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Wireless Microphones Market Size and Volume Forecast by End Users
     9.7.1. Residential
     9.7.2. Commercial
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Wireless Microphones Demand Share Forecast, 2019-2026
10. Europe Wireless Microphones Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Wireless Microphones Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Wireless Microphones Market Size and Volume Forecast by Types
     10.4.1. Handheld Wireless Microphone
     10.4.2. Clip-on Wireless Microphone
     10.4.3. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Wireless Microphones Market Size and Volume Forecast by End Users
     10.7.1. Residential
     10.7.2. Commercial
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Wireless Microphones Demand Share Forecast, 2019-2026
11. Asia Pacific Wireless Microphones Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Wireless Microphones Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Wireless Microphones Market Size and Volume Forecast by Types
     11.4.1. Handheld Wireless Microphone
     11.4.2. Clip-on Wireless Microphone
     11.4.3. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Wireless Microphones Market Size and Volume Forecast by End Users
     11.7.1. Residential
     11.7.2. Commercial
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Wireless Microphones Demand Share Forecast, 2019-2026
12. Middle East & Africa Wireless Microphones Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Wireless Microphones Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Wireless Microphones Market Size and Volume Forecast by Types
     12.4.1. Handheld Wireless Microphone
     12.4.2. Clip-on Wireless Microphone
     12.4.3. Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Wireless Microphones Market Size and Volume Forecast by End Users
     12.7.1. Residential
     12.7.2. Commercial
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Wireless Microphones Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Wireless Microphones Market: Market Share Analysis
  13.2. Wireless Microphones Distributors and Customers
  13.3. Wireless Microphones Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Sennheiser Electronic
     13.4.2. Apple
     13.4.3. Koninklijke Philips
     13.4.4. Harman International Industries
     13.4.5. Bose
     13.4.6. Shure
     13.4.7. Sony
     13.4.8. Sonos
     13.4.9.
Segments Covered in the Report
The global wireless microphones market is segmented on the basis of

Types
  • Handheld Wireless Microphone
  • Clip-on Wireless Microphone
  • Others
End-users
  • Residential
  • Commercial
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
Key Players
  • Sennheiser Electronic
  • Apple
  • Koninklijke Philips
  • Harman International Industries
  • Bose
  • Shure
  • Sony
  • Sonos
  • VOXX International
  • VIZIO
  • Blue Microphones

The global wireless microphones market is highly competitive and major market players include Sennheiser Electronic, Apple, Koninklijke Philips, Harman International Industries, Bose, Shure, Sony, Sonos, VOXX International, VIZIO, and Blue Microphones. The growing need of wireless equipment for communication purposes has enabled its usage in corporate enterprises. This has enabled the manufactures to make top notch wireless microphones and equipment’s to meet the market need.

Global Wireless Microphones Market By Key Players

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