The Asia Pacific wireless microphone market has experienced a substantial rise in the recent times. The increasing frequency of media and sports events in this region has augmented the demand for microphones in general; however, the advanced features of wireless microphones have given them an edge over the traditional wired microphones, increasing their popularity significantly.
As the host to the imminent global sports events such as Winter Olympics 2016, Commonwealth Games 2018, Summer Olympics 2020, and Winter Olympics 2022, Asia Pacific is projected to maintain the pace of the demand for wireless microphones in the coming years, says TMR.
The market opportunity of wireless microphones in Asia Pacific stood at US$267 mn in 2014. Expanding at a CAGR of 9.80% during the period from 2015 to 2023, analysts estimate it to reach US$611.4 mn by the end of the forecast period. The production capacity of this market is likely to rise at a CAGR of 9.40% during the same time frame.
Wi-Fi-based Wireless Microphones to Gain Momentum in Near Future
Radio frequency (RF) and Wi-Fi are the main technologies employed in wireless microphones. In 2014, the demand for RF-based wireless microphones was much higher than Wi-Fi-based ones. The segment accounted for almost 80% of the overall demand for wireless microphones across the world, generated US$220.3 mn in revenue that year.
Although analysts project this segment to remain dominant throughout the forecast period, the growth prospects, however, looks in favor of Wi-Fi-based wireless microphones, which will report the fastest CAGR of 19.50% between 2015 and 2023. The shifting focus of leading manufacturers towards Wi-Fi-based wireless microphones in order to meet the surging demand is anticipated to provide the required momentum to this segment in the near future.
Shifting Interest of Consumers Toward Advanced Media Gadgets Impels Demand for Wireless Microphones
Regionally, the market for wireless microphones in Asia Pacific stretches across China, ASEAN, Oceania, and the Rest of Asia Pacific. Among these, the highest demand for these microphones in 2014 was from the Rest of Asia Pacific, which held a share of nearly 33% in the overall market.
The shifting interest of people towards advanced media and communication gadgets, thanks to the improving economic condition in various Asian nations such as India, Japan, Taiwan, and Hong Kong, is the key factor behind the mounting demand for these microphones in the Rest of Asia Pacific. Additionally, the infrastructural development in Japan and the increasing digitization in India are expected to their adoption in this region over the in next few years.
Apart from this, China is also witnessing a significant rise in the demand for wireless microphones due to the increasing number of media and sports events. During the forecast period, the country is likely to emerge as the second fastest consumer of these devices, with consumption growing at a CAGR of 9.90%. The rising utilization of these communication devices in the corporate and the hospitality sectors is also projected to add significantly to the growth of this market in China.
At the forefront of the market for wireless microphone in Asia Pacific are LEWITT GmbH, Blue Microphones, AKG Acoustics, Shure Inc., Yamaha Corp., Rode Microphones, inMusic Brands Inc., Sony Electronics Inc., Audio-Technica Corp., Sennheiser electronic GmbH & Co. KG, and Samson Technologies Inc.
Chapter 1 Preface
1.1 Report Description
1.2 Report Scope – Market Segmentation
1.3 Research Methodology
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Asia Pacific Wireless Microphone Market Analysis
3.1 Overview
3.2 Market Trends
3.3 Market Dynamics
3.4 Asia Pacific Wireless Microphone Market Overview
3.4.1 Asia Pacific Wireless Microphone Market Revenue, 2013 – 2023 (US$ Mn) and Y-o-Y Growth (%)
3.4.2 Asia Pacific Wireless Microphone Market Analysis: By Application (Revenue - US$ Mn & Volume Mn Units)
3.4.3 Asia Pacific Wireless Microphone Market Analysis: By Technology (Revenue - US$ Mn & Volume Mn Units)
3.4.3.1 Wi-Fi Wireless Microphone, By Band
3.4.3.2 RF Wireless Microphone, By Band
3.4.3.3 RF Wireless Microphone, By Channel
3.4.4 Asia Pacific Wireless Microphone Market Analysis: By Dealership Price (Revenue - US$ Mn)
3.4.5 Asia Pacific Wireless Microphone Market Analysis: By End-user Price (Revenue - US$ Mn)
3.5 Competitive Landscape
3.5.1 Market Positioning of Key Players, 2014
3.5.2 Competitive Strategies by Key Players
3.5.3 Top Brands in Market
3.5.4 Distribution Channel Analysis of Wireless Microphone Market
Chapter 4 China Wireless Microphone Market Analysis
4.1 Introduction
4.2 China Wireless Microphone Market Overview
4.2.1 China Wireless Microphone Market Revenue, 2013 – 2023 (US$ Mn) and Y-o-Y Growth (%)
4.2.2 China Wireless Microphone Market Volume, 2013 – 2023 (US$ Mn) and Y-o-Y Growth (%)
4.3 China Wireless Microphone Market Analysis: By Application (Revenue - US$ Mn & Volume Mn Units)
4.4 China Wireless Microphone Market Analysis: By Technology (Revenue - US$ Mn & Volume Mn Units)
4.4.1 Wi-Fi Wireless Microphone, By Band
4.4.2 RF Wireless Microphone, By Band
4.4.3 RF Wireless Microphone, By Channel
4.5 China Wireless Microphone Market Analysis: By Dealership Price (Revenue - US$ Mn)
4.6 China Wireless Microphone Market Analysis: By End-user Price (Revenue - US$ Mn)
Chapter 5 ASEAN Wireless Microphone Market Analysis
5.1 Introduction
5.2 ASEAN Wireless Microphone Market Overview
5.2.1 ASEAN Wireless Microphone Market Revenue, 2013 – 2023 (US$ Mn) and Y-o-Y Growth (%)
5.2.2 ASEAN Wireless Microphone Market Volume, 2013 – 2023 (US$ Mn) and Y-o-Y Growth (%)
5.3 ASEAN Wireless Microphone Market Analysis: By Application (Revenue - US$ Mn & Volume Mn Units)
5.4 ASEAN Wireless Microphone Market Analysis: By Technology (Revenue - US$ Mn & Volume Mn Units)
5.4.1 Wi-Fi Wireless Microphone, By Band
5.4.2 RF Wireless Microphone, By Band
5.4.3 RF Wireless Microphone, By Channel
5.5 ASEAN Wireless Microphone Market Analysis: By Dealership Price (Revenue - US$ Mn)
5.6 ASEAN Wireless Microphone Market Analysis: By End-user Price (Revenue - US$ Mn)
Chapter 6 Oceania Wireless Microphone Market Analysis
6.1 Introduction
6.2 Oceania Wireless Microphone Market Overview
6.2.1 Oceania Wireless Microphone Market Revenue, 2013 – 2023 (US$ Mn) and Y-o-Y Growth (%)
6.2.2 Oceania Wireless Microphone Market Volume, 2013 – 2023 (US$ Mn) and Y-o-Y Growth (%)
6.3 Oceania Wireless Microphone Market Analysis: By Application (Revenue - US$ Mn & Volume Mn Units)
6.4 Oceania Wireless Microphone Market Analysis: By Technology (Revenue - US$ Mn & Volume Mn Units)
6.4.1 Wi-Fi Wireless Microphone, By Band
6.4.2 RF Wireless Microphone, By Band
6.4.3 RF Wireless Microphone, By Channel
6.5 Oceania Wireless Microphone Market Analysis: By Dealership Price (Revenue - US$ Mn)
6.6 Oceania Wireless Microphone Market Analysis: By End-user Price (Revenue - US$ Mn)
Chapter 7 Rest of Asia Pacific Wireless Microphone Market Analysis
7.1 Introduction
7.2 Rest of Asia Pacific Wireless Microphone Market Overview
7.2.1 Rest of Asia Pacific Wireless Microphone Market Revenue, 2013 – 2023 (US$ Mn) and Y-o-Y Growth (%)
7.2.2 Rest of Asia Pacific Wireless Microphone Market Volume, 2013 – 2023 (US$ Mn) and Y-o-Y Growth (%)
7.3 Rest of Asia Pacific Wireless Microphone Market Analysis: By Application (Revenue - US$ Mn & Volume Mn Units)
7.4 Rest of Asia Pacific Wireless Microphone Market Analysis: By Technology (Revenue - US$ Mn & Volume Mn Units)
7.4.1 Wi-Fi Wireless Microphone, By Band
7.4.2 RF Wireless Microphone, By Band
7.4.3 RF Wireless Microphone, By Channel
7.5 Rest of Asia Pacific Wireless Microphone Market Analysis: By Dealership Price (Revenue - US$ Mn)
7.6 Rest of Asia Pacific Wireless Microphone Market Analysis: By End-user Price (Revenue - US$ Mn)
Chapter 8 Company Profiles
8.1 Shure Incorporated
8.2 Sennheiser electronic GmbH & Co. KG
8.3 Sony Electronics, Inc.
8.4 Audio-Technica Corporation
8.5 Yamaha Corporation
8.6 LEWITT GmbH
8.7 Samson Technologies Inc.
8.8 Rode Microphones
8.9 AKG Acoustics
8.10 Blue Microphones
8.11 inMusic Brands, Inc.
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