A commercial microphone, also known as a mic or mike is a transducer that converts sound into an electrical signal. Telephones, hearing aids, public address systems for concert halls and public events, motion picture production, live and recorded audio engineering, sound recording, two-way radios, megaphones, radio and television broadcasting all use microphones. They are also used in computers for voice recording, speech recognition, VoIP, and non-acoustic applications such as ultrasonic sensors or knock sensors.
The global Commercial Microphone market is segmented on the basis of Type, Sound Direction, Technology, End user and Region. Based on type, the market is divided into Condenser, Electret, Ribbon, Dynamic, and Others. In terms of Sound Direction, the market is categorized into Uni Directional, Omni Directional, Bi Directional, and Cardioida. On the basis of End User, the market is divided into CC. On the basis of End Users, the market is divided into Government, Educational Institutions, Entertainment, Enterprises, Automotive, and Others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
COVID-19 impact analysis
The current COVID-19 pandemic has a negative impact on the commercial microphone market, with manufacturing activities being temporarily halted across major manufacturing hubs, resulting in a significant production slowdown. People are becoming significantly more isolated as a result of increased restrictions on public meetings and travel. Due to supply chain delays, stock market instability, halting of airlines, and business dealing in the commercial microphone business are also feeling the effects of the COVID-19 pandemic. It has directly impacted production and demand for commercial microphone causing supply chain and market disruption. As airports are shut down due to lockdown restrictions, the use of commercial microphone is halted, thereby negatively impacting the commercial microphone market share.
Top impacting factors
The commercial microphone market size is primarily driven by factors such as increased demand from educational institutions due to increased student productivity and demands from online performing artists. Commercial microphones are becoming more popular as a result of rapid technological advancements and the expansion of the consumer electronics industry. These microphones use advanced technology such as a commercial amplifier, preamplifier, diaphragm, and automatic performance control to improve sound quality and management.
The microphone market is expanding due to the widespread adoption of next-generation consumer electronics, increased use of piezoelectric microphones in IoT applications, increased demand for modern microphones for use in smart wearable devices, and an increase in the number of microphones per device. High costs are a major challenge for the commercial microphone market growth.
As these microphones are used for a variety of demanding applications, they incur high costs, lowering their affordability. Furthermore, rising developments in commercial microphones have been a major factor in cost increases. Commercial microphones are also subject to wear and tear as a result of battery life, resulting in additional maintenance costs. Commercial microphones are more prone to issues such as battery damage after extended use, necessitating maintenance.
This causes users to make larger investments, stifling the growth of the commercial microphone market opportunity.
New product launches to flourish the market
Sony Electronics Inc., a Japanese multinational conglomerate corporation, launched a ceiling beam forming microphone called MAS-A100 in February 2020 to provide an advanced audio solution for businesses. This microphone was created to assist businesses in providing hands-free lectures and presentations. With dual channel output for simultaneous recording, this microphone contributes to a better audio experience in educational and corporate settings. The MAS-A100 provides hands-free speech reinforcement without the need for hand-held or body-worn microphones, batteries, or device management.
This is made possible by a one-of-a-kind combination of beamforming technology and an original feature known as Intelligent Feedback Reducer, which can extract speech sound while suppressing unwanted feedback using Sony's high-performance digital signal processing. Following voice capture, the microphone's Automatic Gain Control function adjusts the output volume to be consistent regardless of the presenter's location, making lectures and presentations easier to hear.
Surge in usage in education sector and online platforms
With rapid technological advancements, the modernization of the educational system is driving significant demand for commercial microphone industry. Commercial microphones are becoming more widely used in educational institutions as they help to improve teaching standards among a large group while also reducing teachers' efforts. Furthermore, commercial microphones aid students' learning by improving speech intelligibility and comprehension. Educational institutions have widely used these microphones to address school/college programs, assemblies, online classes, and a variety of other applications, resulting in significant market growth.
The rising popularity of wireless microphones with Bluetooth and Wi-Fi connectivity has also boosted market demand for commercial microphones. Commercial microphones have been in high demand as online platforms have grown in popularity. Commercial microphones have been widely used in video podcasting, Vlogging, and a variety of other applications.
The use of commercial microphones when recording videos for online platforms has resulted in a significant increase in market growth. Online platforms such as YouTube are assisting in the promotion of talents such as music, fashion blogging, and many others. Hugh deployment of commercial microphones with features such as preamplifiers and automatic performance control by content creators and artists resulted in significant market demand.
Key benefits of the report
- This study presents the analytical depiction of the commercial microphone market industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the commercial microphone market share.
- The current market is quantitatively analyzed to highlight commercial microphone market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed commercial microphone analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in commercial microphone market report research
- What are the leading market players active in the commercial microphone market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future would help in taking further strategic steps?
- Upcoming report specific FAQs examples:
- What is commercial microphone?
- What does commercial microphone allow organizations to achieve?
- Which technologies combine to make commercial microphone a critical organizational asset?
- What are the key benefits of the commercial microphone market report?
- Which niches should companies associated with recent improvements establish a presence in?
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Commercial Microphone Market Report Highlights
By Sound Direction
Key Market Players
Sony, Robert Bosch GmbH, VIZIO, Apple, Harman International Industries, BSE, VOXX International, AAC Technologies Holdings Inc, Bose, Sonos, Blue Microphones