Published Date: Mar, 2023 | 345 Pages | Report ID: RI_673847
Wireless Microphone Market Size, Share & Trends Analysis, By Type (Bodypack, Handheld, and Tabletop), Frequency Range (450Mhz to 952Mhz, 170Mhz to 216Mhz, 2.4 GHz, and Others), End-User (Corporate offices, Educational institutes, Sporting events, Retail, and Others), By Region, Forecast Period- 2023-2030
ID : RI_
673847 | Date :
Mar, 2023 | Pages :
345 | Region : Global |
Publisher : ReportsInsights
The Wireless Microphone Market was valued at USD 1,720 Million in 2022, registering a CAGR of 9.7% during the forecast period (2023-2030), and the market is projected to be worth USD 3,322.98 Million by 2030.
Wireless microphone is defined as a short-range system without physical connecting cable to maintain high audio quality. The microphone transmits audio signals to the receivers through battery powered radio transmitter. Generally, codeless microphones operate with UHF or VHF frequency band by enabling the transmitter to employ tiny antenna. Wireless microphones comprise the feature to mute or unmute specific audio sources for better experience.
Additionally, wireless microphones have wide application in entertainment, public speaking, television broadcasting, and sporting events. The microphones offer multiple benefits including flexibility, comfort, and mobility resulting to rise the demand of wireless microphones. Rapidly growing automation and rising inclination towards smart wearable devices are boosting the growth of wireless microphones. Moreover, key companies are focusing on technological development to provide compact microphones compatible with mobile phones. For instance, Godax introduced Godox MovieLink LT1 and UC1, compact wireless microphone system. The microphone systems are compatible with smartphones and tablets and are used by content creators, vloggers, and YouTubers.
Further, implementation of wireless microphones for automotive market creates huge opportunity for the advancement of wireless microphones. However, inadequate availability of raw materials and high-power consumption issue is limiting the growth of wireless microphones market.
Wireless Microphone Report Coverage:
Report Attributes
Report Details
Study Timeline
2017-2030
Market Size in 2030 (USD Million)
3,322.98 million
CAGR (2023-2030)
9.7 %
Base Year
2022
By Type
Bodypack, Handheld, and Tabletop
By Frequency Range
450Mhz to 952Mhz, 170Mhz to 216Mhz, 2.4 GHz, and Others
By End-User
Corporate offices, Educational institutes, Sporting events, Retail, and Others
By Geography
Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa]
South America [Brazil, Argentina, Columbia, Chile, Peru]
Rapidly growing automation and rising inclination towards smart wearable devices are boosting the demand of wireless microphones
Rapidly growing automation and rising inclination towards smart wearable devices are boosting the demand of wireless microphones
Rising technological developments and adoption of microphones in shopping malls, retails, hotels, restaurants, public gathering, concerts, educational institutes, corporate offices, parking lots, airports, bus stations, and sporting events is driving the demand of wireless microphones. For instance, in April 2022, Shure launched KSM11, wireless vocal microphone capsule, to offer high-quality vocal clarity. Moreover, growing automation led to rising investments in R&D for technological advancements has escalated the growth of wireless microphone market.
Smart wearable devices have gained more popularity due to vice recording and voice command features of the devices. Additionally, smart glasses are integrated with noise cancelling microphones and audio system aid to work in noisy environment. Thus, rising use of smart wearable devices is driving the growth of wireless microphone market.
Restraint:
Shortage of raw material and high-power consumption issue is limiting the growth of wireless microphone market
Shortage of raw material and high-power consumption issue is limiting the growth of wireless microphone market
Wireless microphones consist of various components as voice coil, magnet, cable, and variety of metals such as copper, palladium, silver, and gold, which are expensive. Thus, inadequate supply of raw material hampers the production process. Additionally, wireless microphones require large volume of power for charging purpose which is hindering the growth of wireless microphone market.
Wireless Microphone Market Segmentation:
By Type
The type segment is distributed into Bodypack, Handheld, and Tabletop.
Handheld segment accounted major share of wireless microphone market, owing to increasing popularity and ability to maintain distance between speaker and microphone.
Bodypack segment is expected to grow during forecast period due to benefits offered including small size, ability to maintain distance between speaker and microphone. Thus, the demand of bodypack segment is significantly rising among end-users.
By Frequency Range
The frequency segment is bifurcated into 450Mhz to 952Mhz, 170Mhz to 216Mhz, 2.4 GHz, and Others
170Mhz to 216Mhz segment holds major market share of wireless microphone market due to wide application in walkie-talkies, cordless telephones, television channels, and radio-controlled toys. The frequency is used in broadcast and commercial film or video production.
2.4 GHz demonstrated largest market share for wireless microphone as it provides hassle free setup with limited channel bandwidth to deliver high quality audio signals. 2.4 GHz is license free worldwide. For instance, Sennheiser offers XSW-D wireless audio system for 75 meters of ranges with 2.4 GHz frequency. The device is used worldwide without need of license.
By End-User
The end-user segment is categorized into Corporate offices, Educational institutes, Sporting events, Retail, and Others.
Corporate offices captured major market share of wireless microphone market due to growing demand of wireless devices for communication purpose. For instance, Revolabs by Yamaha, offers HD wireless microphone system for conference rooms and auditorium. The system enables amplification of voice and recording lectures.
Sporting events is projecting significant growth of wireless microphone market owing to rising need of microphone for commentary, announcement and speech purpose.
By Region
The regional segment includes North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
North America holds largest market share for wireless microphone owing to existence of large number of recording academies and composers forum. Additionally, presence of recording artists and performers associated with either American Federation of Musicians (AFM) or American Federation of Television and Radio Artists (AFTRA) is driving the growth of wireless microphones market in North America region.
Asia Pacific region is showcasing significant growth of wireless microphone market due to rising adoption of automotive application and inclination towards smart wearable devices. For instance, in February 2020, Goertek collaborated with Qualcomm Technologies to develop Qualcomm Snapdragon XR2 5G for 3D audio and voice command. The collaboration helps the organization to expand product portfolio for wireless microphones market.
Wireless Microphone Market Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Furthermore, the surge in Research and Development (R&D), product innovation, various business strategies, and Frequency launches have accelerated the growth of the Global Wireless Microphone Market. Key players in the market include-
• AKG Acoustics
• Audio-Technica Corporation
• Harman International
• LEWITT GmbH
• Rode Microphones
• Samson Technologies Inc.
• ZillTek Technology
• Sennheiser Electronic GmbH & Co.
• Goertek
• Shure Incorporated
• Sony Electronics Inc.
• Yamaha Corporation
Recent Developments:
• In May 2022, Audio Technica announced to introduce ATW 3255 3000 series wireless in ear monitor system designed for musicians and system integrators to deliver high quality sound.
• In January 2022, Harman International launched USB microphone, JBL Quantum Stream including JBL Quantum TWS, JBL Quantum 910, JBL Quantum 810, and JBL Quantum 610. The dual condenser microphone provides clear communication for efficient event management..
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