Global Wireless Microphone Market 2020: Latest Trends and Key Players
The demand for efficient and reliable sound systems with superior audio quality is increasing because of the increasing number of corporate gatherings, concerts, sports events, and festivals. TV news reporters are also looking for a way to respond to particular breaking news by going to the desired areas at any time of the day to provide the broadcasting studios with live reports. These microphones are the best-suited devices for these reporters as they offer a two-way wireless link between them and the cameramen. Therefore, talkback, wireless cameras, and radio microphones are experiencing high popularity in the media and entertainment industry. These are not only portable but are also flexible.
Smaller Theatre Productions Migrating to Wireless Microphones from Cabled Microphones
Wireless technology has created new opportunities for theaters to transform the conventional theatrical experience. Theatre sound has experienced a transformation owing to the increasing affordability, reliability, and availability of these type of microphones. Before the advent of wireless mics, complex boom-mounted arrays or cabled microphones were required for sound reinforcement for on-stage performers, thereby limiting their freedom of movement. However, in the current scenario, audio professionals tend to use the bodypack microphones that are comfortable and easier to conceal. Advanced cordless microphone systems empower the directors, filmmakers, or content creators to deploy wireless systems to leverage superior sound quality. As a result, the transformation of theatre production from cabled microphones to wireless systems is expected to be one of the prominent wireless microphone market trends.
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In terms of end-user, the market is divided into sports & entertainment, healthcare, education, transportation, retail, corporate, and others. Out of these, the sports & entertainment generated 23.0% in 2019 in terms of wireless microphone market share. This is growth is attributable to the rising usage of cordless microphones in sports events, concerts, and broadcasting events.
The market is highly fragmented with the presence of a large number of companies worldwide. They are persistently striving to introduce state-of-the-art cordless microphones to cater to the demand of the consumers belonging to a wide range of industries. Below are two of the latest industry developments:
January 2020: Audio Technica, Inc. expanded the pre-existing functionalities of its 3,000 series ultra-high frequency wireless systems by incorporating a network port. It would aid the company in providing unique systems to consumers.
May 2019: Yamaha Corporation introduced its latest wireless extension microphone that is specially designed with Yamaha CS-700 Video Sound Collaboration System.
Fortune Business Insights™ presents a list of all the manufacturers operating in the market. They are as follows:
· Audio-Technica U.S., Inc.
· Harman International Industries, Incorporated
· Lewitt Gmbh
· Logitech, Inc. (Blue)
· Rode Microphones
· Samson Technologies Corp.
· Saramonic
· Sennheiser electronic GmbH & Co. KG
· Shure Incorporated
· Sony Corporation
· Yamaha Corporation