Global Pro Audio Equipment Market Insights, Forecast to 2025
The data for Wired Microphones and Conference System in the report does not include Ceiling Array Microphone, Content Creation Microphone, we have separately listed the data for Ceiling Array Microphone, Content Creation Microphone.
The main manufacturers in the global professional audio equipment market include Sennheiser, Shure, Yamaha, etc. Due to the large number of manufacturers, each manufacturer has a small market share, among which Sennheiser and Shure have a revenue share of 7.54% and 9.56% respectively in 2018. The top three regions by revenue share are North America, China and Europe, accounting for 78% of the global market.
The global Pro Audio Equipment market is valued at 3891 million US$ in 2018 and will reach 5340.8 million US$ by the end of 2025, growing at a CAGR of 4.5% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Pro Audio Equipment market based on company, product type, end user and key regions.
This report studies the global market size of Pro Audio Equipment in key regions like North America, Japan, China and Europe, focuses on the consumption of Pro Audio Equipment in these regions.
This research report categorizes the global Pro Audio Equipment market by top players/brands, region, type and end user. This report also studies the global Pro Audio Equipment market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Pro Audio Equipment market size by Type
Ceiling Array Microphones
Content Creation Microphones
In 2018, wireless and wired microphones accounted for more than 51 percent and 40 percent of pro audio equipment, respectively.
Pro Audio Equipment market size by Applications
Consumer accounted for more than 78 percent of the pro audio equipment market by application in 2018.
Market size by Region
Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Pro Audio Equipment market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Pro Audio Equipment market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Pro Audio Equipment companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Pro Audio Equipment submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Pro Audio Equipment are as follows:
History Year: 2014-2018
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Unit). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Pro Audio Equipment market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.