How Big Is The Pro-Speaker Market?
Raj Mandake
Food and Beverages | Consumer Goods | Manufacturing and Construction | IT and Telecom | Healthcare | | Energy | Electronics and Semiconductor | Chemical and Materials | Service Industry | SR. Research Analyst
Global Pro Speaker Market was valued at USD 1.98 Billion in 2021 and is expected to reach USD 2.70 Billion by the year 2028, at a CAGR of 4.06%, Analysis Period 2023-2030.
A professional speaker, abbreviated as a pro speaker, is an activity as well as a category of high-end, studio-grade audio equipment. Sound recording, sound reinforcement system setup, and audio mixing, as well as studio music production, are typically performed by trained sound engineers, audio engineers, record producers, and audio technicians who work in live event support and recording using mixing consoles, recording equipment, and sound reinforcement systems. Professional audio is distinguished from consumer or home-oriented audio, which is designed for listening in a non-commercial setting.
Depending of a company's size or revenue, the most recent research study offers a thorough analysis of the?Pro Speaker market?for the projected years 2022–2028. The key market insights and industry strategy for COVID-19 (Omicron) in the following years are covered in this survey study. The Pro Speaker market research provides data and information on the evolution of the investment structure, technological advances, market trends and developments, market capacities, and in-depth details on the major market participants. The analysis also includes a summary of the global market strategies that have been implemented in light of the industry's present and future conditions.
Key Prominent Players In The?Pro Speaker?Market:
Bosch, Bose, D&B Audiotechnik, JBL, HARMAN International, MUSIC Group (Music Tribe), Loud Audio, L-Acoustics, Yamaha, Aeb Industriale (Db Technologies), Pan Acoustics, Alcons Audio, Audioprof Group International, Hz Sound Systems, Bowers & Wilkins, B&C Speakers, inMusic Brands, CELTO Acoustique, CODA Audio, Dynaudio, Electro-Voice (EV), Extron Electronics, HEDD (Heinz Electrodynamic Designs)
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Market segmentation
By Type
- Point Source
- Line Array
- Sub Woofers
- Others
By Format
- Digital
- Analog
By Distribution Channels
- Retail
- Online
By End-Users
- Educational Institutes
- Corporates
- Large Venues & Events
- Government & Military
- Others
Regional Analysis for COVID-19 Outbreak-Global?Pro Speaker?Market:
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Key Industry Developments in the Pro Speaker Market:
·????????In January 2022, the new JBL PartyBox Encore is the latest addition to JBL's PartyBox speaker line. The portable party speaker is supposed to produce 100W of music and is splash-proof to IPX4 standards.
·????????In October 2021, In India, Soundcore Select Pro made its debut. The portable's 6,700mAh battery allows for a total playback length of up to 16 hours. It boasts a total output of up to 30W, two bespoke drivers, four passive radiators, as well as the company's BassUp Technology. Anker's Soundcore Select Pro boasts an IPX7 water-resistant rating and is supposed to be submersible. The portable speaker's LED lights "blink and dance" in response to the music being played. The Soundcore portable speaker uses Bluetooth v5 to connect to any device.?
Covid-19 Impact and Recovery Analysis on Industry:
We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Pro Speaker industry. The study categorizes the Pro Speaker industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.
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