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Microphone Market Size, Share & Trends Analysis Report By Connectivity (USB Microphones, XLR Microphones), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), And Segment Forecasts, 2022 - 2030

November 2022 | 80 pages | ID: MCFBE9B72B15EN
Grand View Research, Inc.

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Microphone Market Growth & Trends

The global microphone market size is expected to reach USD 9.99 billion by 2030, expanding at a CAGR of 5.4% from 2022 to 2030, according to a recent study by Grand View Research, Inc. The rising adoption of microphones in the music industry is driving the growth of the global microphones market. Online shows and events have become increasingly popular due to easy access to the internet & smartphones. The internet on-demand video market has grown significantly, especially since the introduction of premium streaming platforms.

Potential end-users, including stand-up comedians and motivational speakers, provide a significant opportunity for the market to grow. Thus, a noticeable increase in the number of events and online shows is expected to increase demand for mics and speakers, which is expected to support the growth of the microphones market.

The COVID-19 pandemic led to an economic slowdown and a drop in disposable income globally. The low earning capability forced consumers to purchase essential products primarily over non-essential ones such as electronic products that include microphones, speakers, and more. This situation hampered the demand in the global microphone industry. Furthermore, technical issues and difficulties such as wireless connection blockages, physical distance, and reception fade are expected to hamper the growth of the market for microphones.

Several major countries and booming economies have seen substantial losses and slowed growth during the lockdown period. As the pandemic hit the market, it became incredibly difficult for manufacturers of wireless microphone systems to continue operations. The economies of various nations have suffered greatly as a result of lockdowns due to the COVID-19 outbreak. The reduction of investments in several core industries has led to the decline of the wireless microphone market.

The chipset shortage at the global level has hampered the microphone industry. Semiconductors are primarily used in several electronic devices, including microphones. The disruption in the supply chain negatively impacted the production of microphones worldwide, and the low production is expected to negatively impact market growth.

Microphone Market Report Highlights
  • The evolving entertainment and television broadcasting industry has fueled the growth of the market for microphones across the Asia Pacific. The rising trend for video logging is expected to benefit the market in this region for the forecasted period
  • The rising demand for podcasting, online video streaming, and voiceover work is expected to drive the growth of the USB microphones segment during the projection period. This segment is anticipated to expand at a CAGR of 6.6% from 2022 to 2030
  • The demand for various types of wireless microphone-related items has expanded, as the automotive industry becomes more automated. These components are employed in telematics, controllers, and Global Positioning Systems (GPS). Electric vehicles (EVs) and driverless vehicles both use these components extensively, and the increased demand for EVs will accelerate product acceptance during the assessment period
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Methodology Segmentation & Scope
1.2. Information Procurement
  1.2.1. Purchased database
  1.2.2. GVR’s internal database
  1.2.3. Secondary sources & third-party perspectives
  1.2.4. Primary research
1.3. Information Analysis
  1.3.1. Data analysis models
1.4. Market Formulation & Data Visualization
1.5. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Microphone Market - Industry Snapshot, 2018 - 2030

CHAPTER 3. MICROPHONE MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Size and Growth Prospects, 2018 - 2030
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
  3.3.1. Market Driver Analysis
  3.3.2. Market Restraint/Challenge Analysis
  3.3.3. Market Opportunity Analysis
3.4. Penetration & Growth Prospect Mapping (Key Opportunities Prioritized)
3.5. Business Environment Analysis Tools
  3.5.1. Industry Analysis - Porter's Five Forces Analysis
  3.5.2. PEST Analysis
  3.5.3. COVID-19 Impact Analysis

CHAPTER 4. MICROPHONE MARKET CONNECTIVITY OUTLOOK

4.1. Microphone Market Share by Connectivity, 2021 & 2030 (USD Million)
4.2. USB Microphone
  4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
  4.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.3. XLR Microphone
  4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
  4.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)

CHAPTER 5. MICROPHONE MARKET: REGIONAL OUTLOOK

5.1. Microphone Market Share by Region, 2021 & 2030 (USD Million)
5.2. North America
  5.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  5.2.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.2.3. U.S.
    5.2.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.2.3.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.2.4. Canada
    5.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.2.4.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
5.3. Europe
  5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  5.3.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.3.3. U.K.
    5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.3.3.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.3.4. Germany
    5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.3.4.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.3.5. France
    5.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.3.5.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.3.6. Rest of Europe
    5.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.3.6.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
5.4. Asia Pacific
  5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  5.4.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.4.3. China
    5.4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.4.3.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.4.4. India
    5.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.4.4.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.4.5. Japan
    5.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.4.5.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.4.6. Rest of Asia Pacific
    5.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.4.6.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
5.5. Latin America
  5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  5.5.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.5.3. Brazil
    5.5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.5.3.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.5.4. Mexico
    5.5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.5.4.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
  5.5.5. Rest of Latin America
    5.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    5.5.5.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)
5.6. Middle East & Africa
  5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  5.6.2. Market estimates and forecast by Connectivity, 2018 - 2030 (USD Million)

CHAPTER 6. COMPETITIVE LANDSCAPE

6.1. AAC Technologies
  6.1.1. Company overview
  6.1.2. Financial performance
  6.1.3. Product benchmarking
  6.1.4. Recent developments
6.2. TDK Corporation
  6.2.1. Company overview
  6.2.2. Financial performance
  6.2.3. Product benchmarking
  6.2.4. Recent developments
6.3. Goertek
  6.3.1. Company overview
  6.3.2. Financial performance
  6.3.3. Product benchmarking
  6.3.4. Recent developments
6.4. Cognex Corporation
  6.4.1. Company overview
  6.4.2. Financial performance
  6.4.3. Product benchmarking
  6.4.4. Recent developments
6.5. STMicroelectronics
  6.5.1. Company overview
  6.5.2. Financial performance
  6.5.3. Product benchmarking
  6.5.4. Recent developments
6.6. Infineon Technologies
  6.6.1. Company overview
  6.6.2. Financial performance
  6.6.3. Product benchmarking
  6.6.4. Recent developmentsDaiichi J
6.7. Microscan Systems Inc.
  6.7.1. Company overview
  6.7.2. Financial performance
  6.7.3. Product benchmarking
  6.7.4. Recent developments
6.8. ZillTek Technology
  6.8.1. Company overview
  6.8.2. Financial performance
  6.8.3. Product benchmarking
  6.8.4. Recent developments
6.9. BSE
  6.9.1. Company overview
  6.9.2. Financial performance
  6.9.3. Product benchmarking
  6.9.4. Recent developments
6.10. Gettop Acoustic
  6.10.1. Company overview
  6.10.2. Financial performance
  6.10.3. Product benchmarking
  6.10.4. Recent developments
6.11. Hosiden Corporation
  6.11.1. Company overview
  6.11.2. Financial performance
  6.11.3. Product benchmarking
  6.11.4. Recent developments
LIST OF TABLES

Table 1 Global Microphone market, 2018 - 2030 (USD Million)
Table 2 Global Microphone market, by region, 2018 - 2030 (USD Million)
Table 3 Global Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 8 Key Company Market Share Analysis, 2018 - 2020 (%)
Table 9 Microphone Market Incumbents/Established
Table 10 Microphone Market New Entrants
Table 11 USB Microphones market, 2018 - 2030 (USD Million)
Table 12 USB Microphones market, by region, 2018 - 2030 (USD Million)
Table 13 XLR Microphones market, 2018 - 2030 (USD Million)
Table 14 XLR Microphones market, by region, 2018 - 2030 (USD Million)
Table 15 North America Microphone market, 2018 - 2030 (USD Million)
Table 16 North America Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 17 U.S. Microphone market, 2018 - 2030 (USD Million)
Table 18 U.S. Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 19 Canada Microphone market, 2018 - 2030 (USD Million)
Table 20 Canada Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 21 Europe Microphone market, 2018 - 2030 (USD Million)
Table 22 Europe Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 23 U.K. Microphone market, 2018 - 2030 (USD Million)
Table 24 U.K. Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 25 Germany Microphone market, 2018 - 2030 (USD Million)
Table 26 Germany Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 27 France Microphone market, 2018 - 2030 (USD Million)
Table 28 France Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 29 Rest of Europe Microphone market, 2018 - 2030 (USD Million)
Table 30 Rest of Europe Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 31 Asia Pacific Microphone market, 2018 - 2030 (USD Million)
Table 32 Asia Pacific Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 33 China microphone market, 2018 - 2030 (USD Million)
Table 34 China Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 35 India microphone market, 2018 - 2030 (USD Million)
Table 36 India Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 37 Japan microphone market, 2018 - 2030 (USD Million)
Table 38 Japan Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 39 Rest of Asia - Pacific microphone market, 2018 - 2030 (USD Million)
Table 40 Rest of Asia - Pacific Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 41 Latin America Microphone market, 2018 - 2030 (USD Million)
Table 42 Latin America Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 43 Brazil microphone market, 2018 - 2030 (USD Million)
Table 44 Brazil Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 45 Mexico microphone market, 2018 - 2030 (USD Million)
Table 46 Mexico Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 47 Rest of Latin America microphone market, 2018 - 2030 (USD Million)
Table 48 Rest of Latin America Microphone market, by Connectivity, 2018 - 2030 (USD Million)
Table 49 Middle East & Africa Microphone market, 2018 - 2030 (USD Million)
Table 50 Middle East & Africa Microphone market, by Connectivity, 2018 - 2030 (USD Million)
LIST OF FIGURES

Fig. 1 Market Segmentation & Scope
Fig. 2 Information Procurement
Fig. 3 Primary Research Pattern
Fig. 4 Primary Research Process
Fig. 5 Market Formulation and Data Visualization
Fig. 6 Industry Snapshot
Fig. 7 Microphone Market Size and Growth Prospects, 2018 - 2030 (USD Million)
Fig. 8 Microphone Market Value Chain Analysis
Fig. 9 Microphone Market Penetration & Growth Prospect Mapping (Key Opportunity Prioritized)
Fig. 10 Industry Analysis - Porter’s Five Forces
Fig. 11 PEST Analysis
Fig. 12 Microphone Market, by Connectivity, Key Takeaways (USD Million)
Fig. 13 Connectivity Movement Analysis & Market Share, 2021 & 2030
Fig. 14 Regional market size estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 15 North America Microphone Market Outlook and Market Share by Country, 2021 & 2030 (USD Million)
Fig. 16 Europe Microphone Market Outlook and Market Share by Country, 2021 & 2030 (USD Million)
Fig. 17 Asia Pacific Microphone Market Outlook and Market Share by Country, 2021 & 2030 (USD Million)
Fig. 18 Latin America Microphone Market Outlook and Market Share by Country, 2021 & 2030 (USD Million)
Fig. 19 Middle East & Africa Microphone Market Outlook and Market Share by Country, 2021 & 2030 (USD Million)
Fig. 20 Key Company Ranking Analysis, 2021


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