Global Sound Reinforcement Market to Reach $11.1 Billion by 2030
The global market for Sound Reinforcement estimated at US$6.9 Billion in the year 2022, is projected to reach a revised size of US$11.1 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030. Professional Speakers, one of the segments analyzed in the report, is projected to record 6.6% CAGR and reach US$4.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Audio Sound Mixers segment is readjusted to a revised 5.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 8.9% CAGR
The Sound Reinforcement market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2030 trailing a CAGR of 8.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 5.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.Select Competitors (Total 22 Featured) -
- Apex Audio
- Audio-Technica
- Audix Microphone
- Beyerdynamic
- Bose
- Coda Audio
- Dynaudio
- Electro-Voice
- Harman
- Mipro Electronics
- Music Group
- Qsc, Llc
- Samson Technologies
- Saramonic International
- Sennheiser
- Shure
- Sony
- Wharfedale Pro
- Yamaha
- Yorkville Sound
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apex Audio
- Audio-Technica
- Audix Microphone
- Beyerdynamic
- Bose
- Coda Audio
- Dynaudio
- Electro-Voice
- Harman
- Mipro Electronics
- Music Group
- Qsc, Llc
- Samson Technologies
- Saramonic International
- Sennheiser
- Shure
- Sony
- Wharfedale Pro
- Yamaha
- Yorkville Sound
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 83 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 6.9 Billion |
Forecasted Market Value ( USD | $ 11.1 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |