Report Details-
Asia-Pacific Wireless Microphone Market, By Product Type (Handheld, Clip On, and Bodypack), Type (Micro-Electro-Mechanical System (MEMS) Microphones, Electret Condenser Microphones (ECMS), and Others), Technology (Bluetooth, Radio Frequency, Bluetooth + Wi-Fi, Airplay, Wi-Fi, and Others), Price (Below 500 USD, 500 - 900 USD, 900 - 1,500 USD, And Above 1,500 USD), Application (Entertainment, Corporate, Education, and Others)- Industry Trends and Forecast to 2029.
Wireless microphone Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Rise in wireless microphone technology
Growing automation in the automotive sector has increased the demand for various types of wireless microphone related products, which are used in driver assistance systems, controllers, power integrated devices, telematics, and Asia-Pacific Positioning Systems (GPS). These devices are widely used in Electric Vehicles (EVs) and autonomous vehicles. Hence, rise in demand for electric cars is estimated to spur product adoption over the forecast period. With the advent of connected technologies, the manufacturing industry is rapidly transforming.
Increase in adoption of next generation consumer electronics
Consumer electronics are electronic gadgets that can connect, share, and interact with its users and other smart devices. Smaller size and higher computing power of few gigabytes make it different from general consumer electronic devices present in the market.
Continuous investments by industry players in R&D for the development of new smart consumer electronic products, including smartphones, smart wearables, and smart homes increase the demand for wireless microphones.
Limitations in terms of sensitivity, noise, and power consumption
Wireless microphones are prone to interference, noise, drop-outs, and many other RF problems. These problems can be disastrous for both live productions and installed systems. Everyone can recall a time when a wireless mic suffered static or intermittent dropouts during a live event. Additionally, signal blockages can occur with wireless microphones due to barriers in your venue area or the physical distance between the transmitter and receiver.
Microphones generate extremely little electricity, which makes sense given how light the moving elements must be in order to precisely follow sound waves. When exposed to a set sound pressure level, the microphone sensitivity remains the same, and it produces a certain signal. However, a wireless microphone tends to consume large quantity of power and also the time required for charging a wireless microphone is considerably higher, which acts as a major drawback for the market.
Market Analysis and Size
Automation and IOT are driving the wireless microphone market in every possible end use industry worldwide. Currently, MEMS and ECM are in high demand in a wide range of industries such as consumer electronics, medical electronics, industrial robotics, automotive electronics, and others. High-level competition in the global market demands rapid new product development in order to survive in the market. Continued demand for technological advancements such as 5G technology, automation, internet of things, and others helps in increasing the wireless microphones demand.
Market Definition
A wireless microphone, sometimes known as a cordless microphone, is a microphone that does not have a physical cable connecting it to the sound recording or amplifying equipment it is used with. It features a tiny, battery-powered radio transmitter built into the microphone body that sends the audio signal from the microphone via radio waves to a nearby receiver device, which recovers the audio. The receiver device is connected to the other audio equipment through a cable. The transmitter is housed into the body of one type of portable microphone.
Post COVID-19 Impact on Asia-Pacific Wireless Microphone Market
COVID-19 created a major impact on the wireless microphone market as almost every country has opted for the shutdown for every production facility except the ones dealing in producing the essential goods. The government has taken some strict actions such as the shutdown of production and sale of non-essential goods, blocked international trade, and many more to prevent the spread of COVID-19. The only business which is dealing in this pandemic situation is the essential services that are allowed to open and run the processes.
The growth of the wireless microphone market is increasing as growing automation in the automotive sector has increased the demand for various types of wireless microphone related products, which are used in driver assistance systems, controllers, power integrated devices, telematics, and Asia-Pacific Positioning Systems (GPS). These devices are widely used in Electric Vehicles (EVs) and autonomous vehicles. Hence, rise in demand for electric cars is estimated to spur product adoption over the forecast period. However, factors such as inadequate availability of raw material to meet wireless microphone production demand are restraining the market growth. The shutdown of production facilities during the pandemic situation has had a significant impact on the market.
Asia-Pacific Wireless microphone Market Scope
Asia-Pacific wireless microphone market is segmented on the basis of type, product type, technology, price and application. The growth amongst these segments will help you analyze growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Handheld
Clip On
Bodypack
On the basis of product type, the Asia-Pacific wireless microphone market is segmented into handheld, clip on and bodypack
Type
Micro-Electro-Mechanical System (MEMS) Microphone
Electret Condenser Microphone (ECMS)
Others
On the basis of type, the Asia-Pacific wireless microphone market has been segmented into micro-electro-mechanical system (MEMS) microphones, electret condenser microphones (ECMS) and others.
Asia-Pacific Wireless microphone Market Regional Analysis/Insights
The Asia-Pacific Wireless microphone market is analysed and market size insights and trends are provided by country, product type, type, technology, price, and application industry as referenced above.
The countries covered in the Asia-Pacific Wireless microphone market report are China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, Rest of Asia-Pacific.
China is dominating the Asia-Pacific wireless microphone market with a CAGR of around 8.4%. China dominates the Asia-Pacific Wireless microphone market. The demand in this region is projected to be driven by rise in the entertainment industry and growing podcasting, public speaking, and other events.
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Competitive Landscape and Asia-Pacific Wireless Microphone Market Share Analysis
Asia-Pacific wireless microphone market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to wireless microphone market.
Some of the major players operating in the Asia-Pacific wireless microphone market are
Ø Shure Incorporated,
Ø Sennheiser electronic GmbH & Co. KG,
Ø Cirrus Logic, Inc.,
Ø Lectrosonics,
Ø Audio-Technica,
Ø RØDE,
Ø MIPRO Electronics,
Ø Yamaha Corporation.,
Ø LEWITT GmbH,
Ø Saramonic,
Ø TONOR,
Ø Phenyx Pro,
Ø Honeywell International Inc.,
Ø Robert Bosch GmbH,
Ø Crestron Electronics, Inc.,
Ø Bogen Communications LLC,
Ø SAMSUNG,
Ø Turtle Beach,
Ø Knowles Electronics,
Ø Bose Corporation,
Ø Sonos, Inc.,
Ø GoPro Inc.,
Ø TOA Corporation,
Ø Plantronics, Inc.,
Ø Panasonic Corporation,
Ø Sony Corporation,
Ø LG Electronics,
Ø TDK Corporation.,
Ø Goertek and
Ø VOXX International Corp.
among others.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 IMPACTS OF COVID-19 ON THE ASIA-PACIFIC WIRELESS MICROPHONES MARKET
7 ASIA-PACIFIC WIRELESS MICROPHONES MARKET, BY INDUSTRY TYPE
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