Futuresource Professional Loudspeakers Market

Report Enquiry View Report

Enterprise and Professional AV

Date Published: 07 Jun 2023

This report provides a comprehensive analysis of the challenges and changes faced by the loudspeaker industry in the aftermath of the pandemic. The survey highlights the shifting landscape as the pandemic era begins to lift. While new challenges emerge, such as backlogs, supply chain issues, rising costs, labour shortages, and a fragile economy, the report serves as a reflection point for the industry. It explores the sudden and uncontrollable global event that disrupted an industry heavily reliant on person-to-person interactions and congregations.

Manufacturers had to redirect their sales and delivery efforts to markets with established protocols and adapt to new communication methods to facilitate progress. Some markets faced prolonged shutdowns of over 24 months, highlighting the resilience, adaptability, and passion demonstrated by industry professionals. The report also covers six key pro audio product areas, including loudspeakers, microphones, mixing consoles, amplifiers, headphones, and audio interfaces, providing a comprehensive overview of the industry's survival, adaptation, and perseverance.

In 2022, the global professional loudspeaker market experienced significant growth and innovation across various segments. The market, which includes products such as microphones, speakers, audio mixers, and amplifiers used in professional settings, saw a surge in demand driven by factors like the expansion of live events, the rise of streaming platforms, and the growing adoption of advanced audio technologies.

One of the key trends in the professional audio market was the increasing popularity of immersive audio experiences. With the rise of virtual reality (VR) and augmented reality (AR) applications, there was a growing demand for audio solutions that could provide an immersive and realistic experience. This led to the development and adoption of technologies like object-based audio and spatial audio, enabling sound engineers to create more immersive and lifelike audio experiences.

| Comprehensive PDF report

| Executive summary

| Market assessment

| Digital signal processing

| Audio over Ethernet

| Vendor revenues and retail value

| Worldwide market by vertical

| Supply chain and component issues

| Worldwide market product analysis

| Worldwide market brand dynamics

| Regional analysis of Americas, Asia-Pacific and EMEA

| Touring and rental

| Immersive sound

| Esports

| Active vs passive

| Powered vs non-powered

| Portable sound

| Studio monitors vs portable PA

| Installed leisure

| Sport stadia

| Theatre and performing arts centres

| Houses of worship

| Amusement parks and theme parks

| Installed commercial

| Retail

| Corporate

| Hospitality

| Government

| Education

| Cinema sound

| The professional loudspeaker market across 15 key geographies

| The Americas: USA, Canada, Mexico, Rest of Americas

| Asia: China, India, Japan, Rest of Asia

| EMEA: France, Germany, UK, Middle East & Africa, Eastern Europe, Rest of EMEA

| Market assessment and forecasting, out to 2026

| Brand dynamics

| Future opportunities

Futuresource has a long heritage of providing global research and consulting services to a range of industry sectors, and now publishes analytical and strategic reports for professional loudspeakers, professional amplifiers, professional microphones, professional headphones, mixer consoles, DSP, AoIP, studio technology and more.

Any business with interests in the professional audio market will benefit from this report, particularly:

| Manufacturers and their suppliers

| Intermediaries and supply chain

| Retailers

| Audio market strategists, marketing and sales professionals

| Investors