U.S. Sound Reinforcement Market, By Products (Microphones, Pro speakers, Audio/Sound Mixers, Audio Signal Processors, Power Amplifiers, and Others), By Formats (Digital, and Analog), By Distribution Channels (Online, and Retail), By End-users (Large Venues and Events, Corporates, Educational Institutes, Government and Military, Hospitality, and Others) - Trends, Analysis and Forecast till 2030

Introduction:

Sound reinforcement system comprises of microphones, signal processors, amplifiers, and loudspeakers that makes live music or recorded sound more loudly and distribute those sounds among larger audience. In some situations, sound reinforcement systems can be very large and complex, including hundreds of microphones, multiple mixers, and thousand watts of amplifiers, signal processing systems, and array of loudspeakers. Also, the systems is as simple as a small public address systems. But, in both the cases sound reinforcement systems are used to make sound louder and distribute it to a wider audience. The working architecture of a sound reinforcement system generally takes an input either through a microphone or a sound line input, which further goes through a mixer systems, which will then forwarded it to appropriate outputs such as headphones, stage monitors, or speakers. These systems are used for various End-userss including rental systems, live music clubs and dance events, auditoriums, touring systems, live theater, classical music and opera, lecture halls and conference rooms, and for public addressing.

The growing convergence of Pro AV and IoT, the booming live industry music industry, strategic collaborations for product designs, changing corporate dynamics, and the rising adoption of sound reinforcement systems across educational institutes and government offices are expected to drive the US sound reinforcement market in coming years. Rapid urbanization and industrialization are two major factors that are driving the adoption of sound reinforcement systems in several sectors. The rising demand for sound appliance’s such as speakers, processors, microphones, and others in clubs, malls, hospitals, factories, distribution centers, and for public addressing would drive the growth of sound reinforcement market. Moreover, the shifts in consumer demand for live entertainment and live concerts witnessing significant growth in the sound reinforcement market. However, high cost of equipment’s used in sound reinforcement would hinder the growth of sound reinforcement market. In addition to that, lack of skilled manufacturer to use the available technology to produce a quality sound, despite using the best materials would hamper the growth of Sound reinforcement market during the forecast period. Several new vendors are trying to enter the US sound reinforcement market by introducing innovative tools and devices. However, the existing consumer electronics vendors/traditional pro AV systems providers are not far behind. They are consistently enhancing their product portfolios. Hence, the introduction of upgrades is expected to drive market growth during the forecast period. Advancements in technology will help sound enhancement products to fare better in terms of usage, connectivity, design, sensor technology, and signal transmission during the forecast period.

The US sound reinforcement market is segmented based on products, formats, distribution channels, and end-users, and region.

Based on product, the US sound reinforcement market is segmented into microphones, pro speakers, audio/sound mixers, audio signal processors, power amplifiers, and others. The microphones segment led the market and is expected to grow at a high CAGR during the forecast period. The growth in the microphone industry is propelled by upgrades and replacements of the legacy system. Further, vendors are also exploring ways to implement IoT and AV technology in microphones, which allows the user to operate from remote areas. Based on the formats, the target market is segmented into digital, and analog. The digital segment captured more than half of the market and is expected to grow at a CAGR. Based on distribution channels, the global market is classified into online, and retail. The retail segment contributed the highest market revenue globally. Although the trend of selling sound reinforcement products online and in OEM stores is growing, a significant share of product distribution in the market takes place through conventional pro audio and electronics stores/outlets. Based on end-users, the target market is bifurcated into large venues and events, corporates, educational institutes, government and military, hospitality, and others. The corporate sector is expected to remain the largest end-user segment in the sound reinforcement market, contributing a significant revenue share to the global market.

U.S. Sound Reinforcement Market, By Product:

• Microphones
• Pro speakers
• Audio/Sound Mixers
• Audio Signal Processors
• Power Amplifiers
• Others

U.S. Sound Reinforcement Market, By Formats:

• Digital
•  Analog

U.S. Sound Reinforcement Market, By Distribution Channels:

• Online
• Retail

U.S. Sound Reinforcement Market, By End-users:

• Large Venues and Events
• Corporates
• Educational Institutes
• Government and Military
• Hospitality
• Others

The key players operating the US Sound Reinforcement market involves Audio-Technica, Bose, HARMAN International, MUSIC Group (Music Tribe), Sennheiser Electronic, Shure, Sony, Yamaha, ADK microphones, and AEB Industriale (DB TECHNOLOGIES). For instance, On January, 7, 2020, Audio-Technica Debuts High-Performance Exotic Wood-Finish and Innovative In-Ear Headphones. On February, 11, 2020, Audio-Technica Extends Trade-In Rebate Program for 600 MHz Wireless Systems Through July 13, 2020.

• Audio-Technica
  • • • Company Overview 
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Business strategies
• Bose
• HARMAN International
• MUSIC Group (Music Tribe)
• Sennheiser Electronic
• Shure
• Sony
• Yamaha
• ADK microphones
• AEB Industriale (DB TECHNOLOGIES)

 “*” marked represents similar segmentation in other categories in the respective section

Key Issues Addressed

• What is the total revenue potential of the US sound reinforcement market? How that market is expected to grow during the study period?
• What are some of the major growth opportunities in the US sound reinforcement market?
• Which companies are the major players in the US sound reinforcement market?

 

1. Research Objective and Assumption
   • Preface
   • Research Objectives
   • Study Scope
   • Years Considered for the study
   • Assumptions
   • Abbreviations
2. Research Methodology
   • Research data
   • Primary Data
     • Primary Interviews
     • Primary Breakdown
     • Key data from Primary Sources
     • Key Industry Insights
   • Secondary Data
     • Major Secondary Sources
     • Secondary Sources
   • Market Estimation
   • Top-Down Approach
     • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
   • Bottom-Up Approach
     • Approach for estimating market share by Bottom-up Analysis (Demand Side)
   • Market Breakdown and Data Triangulation
   • Research Assumptions
3. Market Purview
   • Executive Summary
   • Key Findings—Global Outlook for Skin Care Strategies
     • Key Questions this Study will Answer
     • Market Snippet, By Products
     • Market Snippet, By Formats
     • Market Snippet, By Distribution Channels
     • Market Snippet, By End-users
   • Opportunity Map Analysis
   • Executive Summary—3 Big Predictions
4. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
     • Market Trends
   • DR Impact Analysis
   • PEST Analysis
   • Porter’s Five Forces Analysis
   • Opportunity Orbit
   • Market Investment Feasibility Index
   • Macroeconomic Factor Analysis
5. Global Skin Care Market, By Products, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Microphones
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Pro speakers
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Audio/Sound Mixers
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Audio Signal Processors
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Power Amplifiers
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Others
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
6. Global Skin Care Market, By Formats, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Digital
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Analog
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
7. Global Skin Care Market, By Distribution Channels, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Online
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Retail
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
8. Global Skin Care Market, By End-users, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Large Venues and Events
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Corporates
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Educational Institutes
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Government and Military
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Hospitality
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Others
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
9. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
10. Company Profiles
    • • Audio-Technica
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Business strategies
      • Bose
      • HARMAN International
      • MUSIC Group (Music Tribe)
      • Sennheiser Electronic
      • Shure
      • Sony
      • Yamaha
      • ADK microphones
      • AEB Industriale (DB TECHNOLOGIES)
11. The Last Word
    • Future Impact
    • About Us
    • Contact