Current market trends
Component shortages and supply chain disruptions have had a significant negative impact on the pro-audio market. This has resulted in back orders, long lead times and suppliers being unable to meet demand. However, the microphone market is slightly less affected by component shortages when compared with other pro audio markets, as many microphones are analogue. Despite this, supply chain issues are a problem for all products, and component shortages remain a key issue for the global wireless microphone market.
Much of the near-term growth is coming from ceiling beamforming array microphones and wireless, with the latter driven by the recovery of live performances. With those products, sales are currently limited by supply rather than demand.
Moving forward, Futuresource expects the microphone market to experience continued recovery this year, growing by 9.8% in 2023. And while the economic situation still provides reasons for concern, the current inability of suppliers to fully meet demand, combined with the recovery of live performances, will help to mitigate the short-term impact.
In the regions, the USA has repeatedly proven itself to be a setter of trends. The move towards smaller huddle rooms started in the US, and the region was also responsible for sparking the global trend for ceiling microphones. The surge of amateur content creation could also become a global phenomenon.
Given the role of the USA, microphone suppliers would benefit from observing the latest developments coming out of the region. For example, suppliers should be aware that the integration of microphones into displays, video bars and all-in-one soundbars is a significant threat to low-end to mid-range microphones in meeting rooms. As a result, premium solutions are becoming critical to long-term brand survival.
This professional microphones market report covers all verticals for the professional microphone market, including sub-segments within studio and broadcast, installed commercial, installed leisure, touring and rental, and portable sound.
Covering 15 key geographies, which span the Americas, Asia and EMEA, this report covers professional microphone brands active within the following product segments:
| Mounted / free-standing
The report provides detailed information on the market outlook, competitive landscape and market size for professional microphones. Its content can provide commercial value for any enterprise operating within the global professional audio industry.
| Comprehensive PDF report
| Executive summary
| Market assessment
| Vendor revenues and retail value
| Supply chain and component issues
| Market by vertical
| Market by form factor
| Microphone market size
| Market by product application
| Brand share
| Regional analysis
| Product analysis - wireless
| Wired vs wireless market forecast
| Infra-red (IR) microphones
| Product application - install
| Product application - live
| Vertical market analysis
| Studio and broadcast
| Install commercial
| Install leisure
| Touring and rental
| Portable sound
| Product analysis - form factor
| The professional microphone 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
| Audio market strategists, marketing and sales professionals
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