Global Pro Speaker Market Overview

The Global Pro Speaker Market size is expected to grow from USD 2.07 billion in 2022 to USD 2.92 billion by 2030, at a CAGR of 4.4%% during the forecast 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. Broadcast radio, audio mastering in a recording studio, television studio, and sound reinforcement such as live concerts, DJ performances, audio sampling, public address system set up, sound reinforcement in movie theatres, and design and setup of piped music in hotels and restaurants are all examples of professional speakers. Professional speaker equipment is available for purchase at music stores and professional speaker shops.

Due to booming commercial real estate, hospitality, corporate, and music markets, as well as a shift in consumer behavior toward live music concerts and exhibitions in developing countries, demand for pro speaker's equipment and solutions has increased in countries such as China, Germany, Japan, and India. Shure, Sennheiser, Audio-Technica, Bose, Harman, Sony, and Yamaha are among the vendors selling products for various vertical segments in the worldwide pro speaker industry. Existing suppliers are likely to continue developing their product line through improvements, while new start-ups will introduce innovative features. Furthermore, during the projection period, the introduction of improved technology will fuel market expansion. Investors' trust in the market is boosted by futuristic inventions in wireless digital technology and expansion in complementing digital technologies.

Pro Speaker Market

Market Dynamics of the Pro Speaker Market:

Drivers:

Increased Spending on the Entertainment Products
Consumers' increased expenditure on entertainment products around the world aided the growth of the pro speakers market over the predicted period. Consumers prefer external sound systems as a source of home entertainment, and they are becoming more aware of the quality of sound they are hearing, leading to a willingness to spend more on sound systems. According to a survey conducted by Dolby Laboratories, consumer spending on home entertainment in the United States would climb by 72 percent in 2020. Because of the growing popularity of mobile devices and changing consumer media consumption habits, the demand for wireless audio equipment is fast increasing. Mobile devices, tablets, and laptops are increasingly being used to wirelessly play audio on speakers by consumers. Such consumer behavior is turning the growth of Wi-Fi and Bluetooth-connected speakers. Resulted from the growth of the pro speaker market over the forecast period.

Restraints:

Government Regulations
Government regulations have always been a challenge to the pro-speaker sector, as loudspeaker use is one of the primary causes of noise pollution. Noise pollution harms both physiological and psychological health, resulting in hypertension, anxiety, higher stress levels, and even coronary artery disease. The Supreme Court of India approved a regulation limiting the use of public address systems to no more than 15 days per year at night (between 10:00 pm and 6:00 am) and during cultural or festive occasions. These regulations are projected to have a detrimental impact on the pro-speaker market's growth.

Opportunities:

Commercial Applications Creates an Opportunity
Commercial applications, such as the use of smart speakers in healthcare facilities, hotels, and businesses, offer a variety of options for integrating smart speakers into daily operations. Smart speakers have a variety of characteristics that can help healthcare providers deliver optimal care to patients by scheduling their meds on an AI platform. Furthermore, patients in intensive care can use vocal commands to request assistance at any moment, saving time in treatment and perhaps reducing unintentional deaths. These characteristics encourage the adoption of smart speakers in commercial settings, resulting in an attractive potential for the pro speaker market to flourish.

Market Segmentation

By product, the most prevalent product category is point source systems, which account for more than a third of the pro speaker market. Subwoofers and low-frequency devices are the next most demanding devices, followed by line array speakers. When room dimensions, aesthetics, and affordability are all factors to consider, point source speakers might be a terrific alternative. They come in a variety of sizes and offer PA system solutions for several worship settings. Some of the smaller models are floor-standing and movable, allowing them to be moved around as needed. Point source speakers can often be hidden and yet function properly.

By format, the digital segment is anticipated to hold the maximum pro speaker market share over the forecast period. Not only is there a quality loss when the master tape is printed to vinyl, but the quality also diminishes with each play to the vinyl record. Digital audio may now be streamed without loss over the internet. You can quickly distribute an infinite number of copies around the world without sacrificing quality. As a result, over the projection period, this category is expected to rise.

By end-use, the corporate segment is expected to register a significant pro speaker market share due to the growing demand for sound reinforcement and video conferencing solutions. The entertainment area is the second-largest application market, thanks to the surge in live performances, music concerts, festivals, and music tours. Furthermore, as a result of increased competitiveness, the corporate industry and institutions are progressively implementing AV equipment to improve and control office workflow. The use of sound reinforcement equipment and video conferencing devices in the workplace has become a necessity in recent years. As a result, merchants are launching a new line of items that are in line with the present demand.

By distribution channel, the retail segment is anticipated to capture the maximum pro speaker market share during the forecast period. Retail channels provide the majority of income since they are the most trusted destinations for end-users. The presence of professional speaker sellers on the internet is growing as the internet becomes more widely used. Professional speakers are available at competitive costs on e-commerce websites such as Amazon, eBay, SoundBroker.com, Americanmusical.com, Organgeaudio.co.uk, Alibaba, and AliExpress. During the predicted period, online stores are expected to rise in popularity.

Players Covered in Pro Speaker market are :

  • 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)
  • Klipsch Audio Technologies
  • K-Array
  • Meyer Sound Laboratories
  • Nady Systems
  • OUTLINE
  • PROEL
  • Soundcore
  • Renkus-Heinz
  • Carlson Audio Systems
  • Sennheiser and others major players.

Regional Analysis for the Pro Speaker Market:

The most populated area, Asia-Pacific, is a significant emerging market that is predicted to have the highest growth rate in terms of professional speaker sales over the projection period. Countries in Asia-Pacific are stepping up their efforts to improve their IT infrastructures, allowing commercial users to embrace cutting-edge technologies such as professional speakers. In addition, the region has become the fastest-growing market for smart education solutions. Increasing advancements in the fields of education and business are predicted to enhance demand for sound reinforcement equipment, contributing to the region's growing number of professional speakers. The growing disposable incomes and technological advancements in countries like China, India, Japan, and South Korea, as well as the presence of significant players like Sony and Samsung in the area, are likely to aid the expansion of the wireless speaker market in Asia-Pacific.

North America region is expected to witness a significant growth rate over the forecast period. In the United States and Canada, the use of professional audiovisual systems is at an all-time high. In the area, the United States is the main market for pro AV systems and pro speaker systems and solutions. Millennials are the primary drivers of the market. They are technologically sophisticated, and the majority of them are smartphone addicts.

In the European market, demand for new pro AV systems is increasing, with upgrades and replacements projected to fuel the market development. Furthermore, Western European economies are mature markets with minimal product differentiation, resulting in product saturation. Latin America is famed for its music festivals, which draw visitors from all over the world. These events are important buyers of professional audiovisual equipment, such as professional speaker systems, among other things.

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 on the Pro Speaker Market:

COVID-19 disease outbreak in 2020 has disrupted the functioning of various industries. Several government-imposed lockdowns to curb the spread of the Coronavirus. Restrictions were also imposed on the transportation of raw materials, components, and digital equipment required for the manufacturing of speakers. Restrictions were imposed on non-essential sectors which included pro speaker manufacturing plants thus, negatively impacting the production and sales of pro speakers. Moreover, the unavailability of workers in manufacturing plants, the shutdown of retail outlets, and the decline in logistics operations have further restricted the market growth. Due to increasing living costs and uncertainty in the economy consumers will restrict their spending on non-essential products hence, recovery of the pro speaker market is expected to be slow in the period of forecast. The COVID-19 pandemic has affected the pro-speaker market dramatically. There are significant disturbances to the demand for the pro speaker across different end-use industries with the global impact on the production for the pro speaker and the manufacturers. The pandemic has resulted in impacting the global electronic industry. The COVID-19 pandemic led to a huge loss to the electronic industry. Due to the COVID-19, most main players are focused on numerous initiatives, including product innovation, strategic relations, and emerging technology launches. Moreover, due to the COVID-19 pandemic and the depleting import and export activities. This factor has enabled major players to invest heavily in exploration activities to raise the demand from various application industries.

Global Pro Speaker Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 2.07 Bn.

Forecast Period 2023-30 CAGR:

4.4%

Market Size in 2030:

USD 2.92 Bn.

Segments Covered:

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

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increased Spending on the Entertainment Products

Key Market Restraints:

  • Government Regulations

Key Opportunities:

  • Commercial Applications Creates an Opportunity

Companies Covered in the report:

  • Bosch, Bose, D&B Audiotechnik, JBL, HARMAN International, MUSIC Group (Music Tribe), and Other Major Players

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Format
 3.3 By Distribution Channels
 3.4 By End-Users

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Pro Speaker Market by Type
 5.1 Pro Speaker Market Overview Snapshot and Growth Engine
 5.2 Pro Speaker Market Overview
 5.3 Point Source
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Point Source: Grographic Segmentation
 5.4 Line Array
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Line Array: Grographic Segmentation
 5.5 Sub Woofers
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Sub Woofers: Grographic Segmentation
 5.6 Others
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Others: Grographic Segmentation

Chapter 6: Pro Speaker Market by Format
 6.1 Pro Speaker Market Overview Snapshot and Growth Engine
 6.2 Pro Speaker Market Overview
 6.3 Digital
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Digital: Grographic Segmentation
 6.4 Analog
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Analog: Grographic Segmentation

Chapter 7: Pro Speaker Market by Distribution Channels
 7.1 Pro Speaker Market Overview Snapshot and Growth Engine
 7.2 Pro Speaker Market Overview
 7.3 Retail
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Retail: Grographic Segmentation
 7.4 Online
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Online: Grographic Segmentation

Chapter 8: Pro Speaker Market by End-Users
 8.1 Pro Speaker Market Overview Snapshot and Growth Engine
 8.2 Pro Speaker Market Overview
 8.3 Educational Institutes
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Educational Institutes: Grographic Segmentation
 8.4 Corporates
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Corporates: Grographic Segmentation
 8.5 Large Venues & Events
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2016-2028F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Large Venues & Events: Grographic Segmentation
 8.6 Government & Military
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2016-2028F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Government & Military: Grographic Segmentation
 8.7 Others
  8.7.1 Introduction and Market Overview
  8.7.2 Historic and Forecasted Market Size (2016-2028F)
  8.7.3 Key Market Trends, Growth Factors and Opportunities
  8.7.4 Others: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Pro Speaker Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Pro Speaker Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Pro Speaker Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 BOSCH
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 BOSE
 9.4 D&B AUDIOTECHNIK
 9.5 JBL
 9.6 HARMAN INTERNATIONAL
 9.7 MUSIC GROUP (MUSIC TRIBE)
 9.8 LOUD AUDIO
 9.9 L-ACOUSTICS
 9.10 YAMAHA
 9.11 AEB INDUSTRIALE (DB TECHNOLOGIES)
 9.12 PAN ACOUSTICS
 9.13 ALCONS AUDIO
 9.14 AUDIOPROF GROUP INTERNATIONAL
 9.15 HZ SOUND SYSTEMS
 9.16 BOWERS & WILKINS
 9.17 B&C SPEAKERS
 9.18 INMUSIC BRANDS
 9.19 CELTO ACOUSTIQUE
 9.20 CODA AUDIO
 9.21 DYNAUDIO
 9.22 ELECTRO-VOICE (EV)
 9.23 EXTRON ELECTRONICS
 9.24 HEDD (HEINZ ELECTRODYNAMIC DESIGNS)
 9.25 KLIPSCH AUDIO TECHNOLOGIES
 9.26 K-ARRAY
 9.27 MEYER SOUND LABORATORIES
 9.28 NADY SYSTEMS
 9.29 OUTLINE
 9.30 PROEL
 9.31 SOUNDCORE
 9.32 RENKUS-HEINZ
 9.33 CARLSON AUDIO SYSTEMS
 9.34 SENNHEISER
 9.35 OTHER MAJOR PLAYERS

Chapter 10: Global Pro Speaker Market Analysis, Insights and Forecast, 2016-2028
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Type
  10.2.1 Point Source
  10.2.2 Line Array
  10.2.3 Sub Woofers
  10.2.4 Others
 10.3 Historic and Forecasted Market Size By Format
  10.3.1 Digital
  10.3.2 Analog
 10.4 Historic and Forecasted Market Size By Distribution Channels
  10.4.1 Retail
  10.4.2 Online
 10.5 Historic and Forecasted Market Size By End-Users
  10.5.1 Educational Institutes
  10.5.2 Corporates
  10.5.3 Large Venues & Events
  10.5.4 Government & Military
  10.5.5 Others

Chapter 11: North America Pro Speaker Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Point Source
  11.4.2 Line Array
  11.4.3 Sub Woofers
  11.4.4 Others
 11.5 Historic and Forecasted Market Size By Format
  11.5.1 Digital
  11.5.2 Analog
 11.6 Historic and Forecasted Market Size By Distribution Channels
  11.6.1 Retail
  11.6.2 Online
 11.7 Historic and Forecasted Market Size By End-Users
  11.7.1 Educational Institutes
  11.7.2 Corporates
  11.7.3 Large Venues & Events
  11.7.4 Government & Military
  11.7.5 Others
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Pro Speaker Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Point Source
  12.4.2 Line Array
  12.4.3 Sub Woofers
  12.4.4 Others
 12.5 Historic and Forecasted Market Size By Format
  12.5.1 Digital
  12.5.2 Analog
 12.6 Historic and Forecasted Market Size By Distribution Channels
  12.6.1 Retail
  12.6.2 Online
 12.7 Historic and Forecasted Market Size By End-Users
  12.7.1 Educational Institutes
  12.7.2 Corporates
  12.7.3 Large Venues & Events
  12.7.4 Government & Military
  12.7.5 Others
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Pro Speaker Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Point Source
  13.4.2 Line Array
  13.4.3 Sub Woofers
  13.4.4 Others
 13.5 Historic and Forecasted Market Size By Format
  13.5.1 Digital
  13.5.2 Analog
 13.6 Historic and Forecasted Market Size By Distribution Channels
  13.6.1 Retail
  13.6.2 Online
 13.7 Historic and Forecasted Market Size By End-Users
  13.7.1 Educational Institutes
  13.7.2 Corporates
  13.7.3 Large Venues & Events
  13.7.4 Government & Military
  13.7.5 Others
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Pro Speaker Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Point Source
  14.4.2 Line Array
  14.4.3 Sub Woofers
  14.4.4 Others
 14.5 Historic and Forecasted Market Size By Format
  14.5.1 Digital
  14.5.2 Analog
 14.6 Historic and Forecasted Market Size By Distribution Channels
  14.6.1 Retail
  14.6.2 Online
 14.7 Historic and Forecasted Market Size By End-Users
  14.7.1 Educational Institutes
  14.7.2 Corporates
  14.7.3 Large Venues & Events
  14.7.4 Government & Military
  14.7.5 Others
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Pro Speaker Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Type
  15.4.1 Point Source
  15.4.2 Line Array
  15.4.3 Sub Woofers
  15.4.4 Others
 15.5 Historic and Forecasted Market Size By Format
  15.5.1 Digital
  15.5.2 Analog
 15.6 Historic and Forecasted Market Size By Distribution Channels
  15.6.1 Retail
  15.6.2 Online
 15.7 Historic and Forecasted Market Size By End-Users
  15.7.1 Educational Institutes
  15.7.2 Corporates
  15.7.3 Large Venues & Events
  15.7.4 Government & Military
  15.7.5 Others
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion

Global Pro Speaker Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 2.07 Bn.

Forecast Period 2023-30 CAGR:

4.4%

Market Size in 2030:

USD 2.92 Bn.

Segments Covered:

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

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increased Spending on the Entertainment Products

Key Market Restraints:

  • Government Regulations

Key Opportunities:

  • Commercial Applications Creates an Opportunity

Companies Covered in the report:

  • Bosch, Bose, D&B Audiotechnik, JBL, HARMAN International, MUSIC Group (Music Tribe), and Other Major Players

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. PRO SPEAKER MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. PRO SPEAKER MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. PRO SPEAKER MARKET COMPETITIVE RIVALRY
TABLE 005. PRO SPEAKER MARKET THREAT OF NEW ENTRANTS
TABLE 006. PRO SPEAKER MARKET THREAT OF SUBSTITUTES
TABLE 007. PRO SPEAKER MARKET BY TYPE
TABLE 008. POINT SOURCE MARKET OVERVIEW (2016-2028)
TABLE 009. LINE ARRAY MARKET OVERVIEW (2016-2028)
TABLE 010. SUB WOOFERS MARKET OVERVIEW (2016-2028)
TABLE 011. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 012. PRO SPEAKER MARKET BY FORMAT
TABLE 013. DIGITAL MARKET OVERVIEW (2016-2028)
TABLE 014. ANALOG MARKET OVERVIEW (2016-2028)
TABLE 015. PRO SPEAKER MARKET BY DISTRIBUTION CHANNELS
TABLE 016. RETAIL MARKET OVERVIEW (2016-2028)
TABLE 017. ONLINE MARKET OVERVIEW (2016-2028)
TABLE 018. PRO SPEAKER MARKET BY END-USERS
TABLE 019. EDUCATIONAL INSTITUTES MARKET OVERVIEW (2016-2028)
TABLE 020. CORPORATES MARKET OVERVIEW (2016-2028)
TABLE 021. LARGE VENUES & EVENTS MARKET OVERVIEW (2016-2028)
TABLE 022. GOVERNMENT & MILITARY MARKET OVERVIEW (2016-2028)
TABLE 023. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 024. NORTH AMERICA PRO SPEAKER MARKET, BY TYPE (2016-2028)
TABLE 025. NORTH AMERICA PRO SPEAKER MARKET, BY FORMAT (2016-2028)
TABLE 026. NORTH AMERICA PRO SPEAKER MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 027. NORTH AMERICA PRO SPEAKER MARKET, BY END-USERS (2016-2028)
TABLE 028. N PRO SPEAKER MARKET, BY COUNTRY (2016-2028)
TABLE 029. EUROPE PRO SPEAKER MARKET, BY TYPE (2016-2028)
TABLE 030. EUROPE PRO SPEAKER MARKET, BY FORMAT (2016-2028)
TABLE 031. EUROPE PRO SPEAKER MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 032. EUROPE PRO SPEAKER MARKET, BY END-USERS (2016-2028)
TABLE 033. PRO SPEAKER MARKET, BY COUNTRY (2016-2028)
TABLE 034. ASIA PACIFIC PRO SPEAKER MARKET, BY TYPE (2016-2028)
TABLE 035. ASIA PACIFIC PRO SPEAKER MARKET, BY FORMAT (2016-2028)
TABLE 036. ASIA PACIFIC PRO SPEAKER MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 037. ASIA PACIFIC PRO SPEAKER MARKET, BY END-USERS (2016-2028)
TABLE 038. PRO SPEAKER MARKET, BY COUNTRY (2016-2028)
TABLE 039. MIDDLE EAST & AFRICA PRO SPEAKER MARKET, BY TYPE (2016-2028)
TABLE 040. MIDDLE EAST & AFRICA PRO SPEAKER MARKET, BY FORMAT (2016-2028)
TABLE 041. MIDDLE EAST & AFRICA PRO SPEAKER MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 042. MIDDLE EAST & AFRICA PRO SPEAKER MARKET, BY END-USERS (2016-2028)
TABLE 043. PRO SPEAKER MARKET, BY COUNTRY (2016-2028)
TABLE 044. SOUTH AMERICA PRO SPEAKER MARKET, BY TYPE (2016-2028)
TABLE 045. SOUTH AMERICA PRO SPEAKER MARKET, BY FORMAT (2016-2028)
TABLE 046. SOUTH AMERICA PRO SPEAKER MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 047. SOUTH AMERICA PRO SPEAKER MARKET, BY END-USERS (2016-2028)
TABLE 048. PRO SPEAKER MARKET, BY COUNTRY (2016-2028)
TABLE 049. BOSCH: SNAPSHOT
TABLE 050. BOSCH: BUSINESS PERFORMANCE
TABLE 051. BOSCH: PRODUCT PORTFOLIO
TABLE 052. BOSCH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. BOSE: SNAPSHOT
TABLE 053. BOSE: BUSINESS PERFORMANCE
TABLE 054. BOSE: PRODUCT PORTFOLIO
TABLE 055. BOSE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. D&B AUDIOTECHNIK: SNAPSHOT
TABLE 056. D&B AUDIOTECHNIK: BUSINESS PERFORMANCE
TABLE 057. D&B AUDIOTECHNIK: PRODUCT PORTFOLIO
TABLE 058. D&B AUDIOTECHNIK: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. JBL: SNAPSHOT
TABLE 059. JBL: BUSINESS PERFORMANCE
TABLE 060. JBL: PRODUCT PORTFOLIO
TABLE 061. JBL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. HARMAN INTERNATIONAL: SNAPSHOT
TABLE 062. HARMAN INTERNATIONAL: BUSINESS PERFORMANCE
TABLE 063. HARMAN INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 064. HARMAN INTERNATIONAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. MUSIC GROUP (MUSIC TRIBE): SNAPSHOT
TABLE 065. MUSIC GROUP (MUSIC TRIBE): BUSINESS PERFORMANCE
TABLE 066. MUSIC GROUP (MUSIC TRIBE): PRODUCT PORTFOLIO
TABLE 067. MUSIC GROUP (MUSIC TRIBE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. LOUD AUDIO: SNAPSHOT
TABLE 068. LOUD AUDIO: BUSINESS PERFORMANCE
TABLE 069. LOUD AUDIO: PRODUCT PORTFOLIO
TABLE 070. LOUD AUDIO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. L-ACOUSTICS: SNAPSHOT
TABLE 071. L-ACOUSTICS: BUSINESS PERFORMANCE
TABLE 072. L-ACOUSTICS: PRODUCT PORTFOLIO
TABLE 073. L-ACOUSTICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. YAMAHA: SNAPSHOT
TABLE 074. YAMAHA: BUSINESS PERFORMANCE
TABLE 075. YAMAHA: PRODUCT PORTFOLIO
TABLE 076. YAMAHA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. AEB INDUSTRIALE (DB TECHNOLOGIES): SNAPSHOT
TABLE 077. AEB INDUSTRIALE (DB TECHNOLOGIES): BUSINESS PERFORMANCE
TABLE 078. AEB INDUSTRIALE (DB TECHNOLOGIES): PRODUCT PORTFOLIO
TABLE 079. AEB INDUSTRIALE (DB TECHNOLOGIES): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. PAN ACOUSTICS: SNAPSHOT
TABLE 080. PAN ACOUSTICS: BUSINESS PERFORMANCE
TABLE 081. PAN ACOUSTICS: PRODUCT PORTFOLIO
TABLE 082. PAN ACOUSTICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. ALCONS AUDIO: SNAPSHOT
TABLE 083. ALCONS AUDIO: BUSINESS PERFORMANCE
TABLE 084. ALCONS AUDIO: PRODUCT PORTFOLIO
TABLE 085. ALCONS AUDIO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. AUDIOPROF GROUP INTERNATIONAL: SNAPSHOT
TABLE 086. AUDIOPROF GROUP INTERNATIONAL: BUSINESS PERFORMANCE
TABLE 087. AUDIOPROF GROUP INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 088. AUDIOPROF GROUP INTERNATIONAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. HZ SOUND SYSTEMS: SNAPSHOT
TABLE 089. HZ SOUND SYSTEMS: BUSINESS PERFORMANCE
TABLE 090. HZ SOUND SYSTEMS: PRODUCT PORTFOLIO
TABLE 091. HZ SOUND SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. BOWERS & WILKINS: SNAPSHOT
TABLE 092. BOWERS & WILKINS: BUSINESS PERFORMANCE
TABLE 093. BOWERS & WILKINS: PRODUCT PORTFOLIO
TABLE 094. BOWERS & WILKINS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 094. B&C SPEAKERS: SNAPSHOT
TABLE 095. B&C SPEAKERS: BUSINESS PERFORMANCE
TABLE 096. B&C SPEAKERS: PRODUCT PORTFOLIO
TABLE 097. B&C SPEAKERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 097. INMUSIC BRANDS: SNAPSHOT
TABLE 098. INMUSIC BRANDS: BUSINESS PERFORMANCE
TABLE 099. INMUSIC BRANDS: PRODUCT PORTFOLIO
TABLE 100. INMUSIC BRANDS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 100. CELTO ACOUSTIQUE: SNAPSHOT
TABLE 101. CELTO ACOUSTIQUE: BUSINESS PERFORMANCE
TABLE 102. CELTO ACOUSTIQUE: PRODUCT PORTFOLIO
TABLE 103. CELTO ACOUSTIQUE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 103. CODA AUDIO: SNAPSHOT
TABLE 104. CODA AUDIO: BUSINESS PERFORMANCE
TABLE 105. CODA AUDIO: PRODUCT PORTFOLIO
TABLE 106. CODA AUDIO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 106. DYNAUDIO: SNAPSHOT
TABLE 107. DYNAUDIO: BUSINESS PERFORMANCE
TABLE 108. DYNAUDIO: PRODUCT PORTFOLIO
TABLE 109. DYNAUDIO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 109. ELECTRO-VOICE (EV): SNAPSHOT
TABLE 110. ELECTRO-VOICE (EV): BUSINESS PERFORMANCE
TABLE 111. ELECTRO-VOICE (EV): PRODUCT PORTFOLIO
TABLE 112. ELECTRO-VOICE (EV): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 112. EXTRON ELECTRONICS: SNAPSHOT
TABLE 113. EXTRON ELECTRONICS: BUSINESS PERFORMANCE
TABLE 114. EXTRON ELECTRONICS: PRODUCT PORTFOLIO
TABLE 115. EXTRON ELECTRONICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 115. HEDD (HEINZ ELECTRODYNAMIC DESIGNS): SNAPSHOT
TABLE 116. HEDD (HEINZ ELECTRODYNAMIC DESIGNS): BUSINESS PERFORMANCE
TABLE 117. HEDD (HEINZ ELECTRODYNAMIC DESIGNS): PRODUCT PORTFOLIO
TABLE 118. HEDD (HEINZ ELECTRODYNAMIC DESIGNS): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 118. KLIPSCH AUDIO TECHNOLOGIES: SNAPSHOT
TABLE 119. KLIPSCH AUDIO TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 120. KLIPSCH AUDIO TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 121. KLIPSCH AUDIO TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 121. K-ARRAY: SNAPSHOT
TABLE 122. K-ARRAY: BUSINESS PERFORMANCE
TABLE 123. K-ARRAY: PRODUCT PORTFOLIO
TABLE 124. K-ARRAY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 124. MEYER SOUND LABORATORIES: SNAPSHOT
TABLE 125. MEYER SOUND LABORATORIES: BUSINESS PERFORMANCE
TABLE 126. MEYER SOUND LABORATORIES: PRODUCT PORTFOLIO
TABLE 127. MEYER SOUND LABORATORIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 127. NADY SYSTEMS: SNAPSHOT
TABLE 128. NADY SYSTEMS: BUSINESS PERFORMANCE
TABLE 129. NADY SYSTEMS: PRODUCT PORTFOLIO
TABLE 130. NADY SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 130. OUTLINE: SNAPSHOT
TABLE 131. OUTLINE: BUSINESS PERFORMANCE
TABLE 132. OUTLINE: PRODUCT PORTFOLIO
TABLE 133. OUTLINE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 133. PROEL: SNAPSHOT
TABLE 134. PROEL: BUSINESS PERFORMANCE
TABLE 135. PROEL: PRODUCT PORTFOLIO
TABLE 136. PROEL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 136. SOUNDCORE: SNAPSHOT
TABLE 137. SOUNDCORE: BUSINESS PERFORMANCE
TABLE 138. SOUNDCORE: PRODUCT PORTFOLIO
TABLE 139. SOUNDCORE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 139. RENKUS-HEINZ: SNAPSHOT
TABLE 140. RENKUS-HEINZ: BUSINESS PERFORMANCE
TABLE 141. RENKUS-HEINZ: PRODUCT PORTFOLIO
TABLE 142. RENKUS-HEINZ: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 142. CARLSON AUDIO SYSTEMS: SNAPSHOT
TABLE 143. CARLSON AUDIO SYSTEMS: BUSINESS PERFORMANCE
TABLE 144. CARLSON AUDIO SYSTEMS: PRODUCT PORTFOLIO
TABLE 145. CARLSON AUDIO SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 145. SENNHEISER: SNAPSHOT
TABLE 146. SENNHEISER: BUSINESS PERFORMANCE
TABLE 147. SENNHEISER: PRODUCT PORTFOLIO
TABLE 148. SENNHEISER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 148. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 149. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 150. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 151. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. PRO SPEAKER MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. PRO SPEAKER MARKET OVERVIEW BY TYPE
FIGURE 012. POINT SOURCE MARKET OVERVIEW (2016-2028)
FIGURE 013. LINE ARRAY MARKET OVERVIEW (2016-2028)
FIGURE 014. SUB WOOFERS MARKET OVERVIEW (2016-2028)
FIGURE 015. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 016. PRO SPEAKER MARKET OVERVIEW BY FORMAT
FIGURE 017. DIGITAL MARKET OVERVIEW (2016-2028)
FIGURE 018. ANALOG MARKET OVERVIEW (2016-2028)
FIGURE 019. PRO SPEAKER MARKET OVERVIEW BY DISTRIBUTION CHANNELS
FIGURE 020. RETAIL MARKET OVERVIEW (2016-2028)
FIGURE 021. ONLINE MARKET OVERVIEW (2016-2028)
FIGURE 022. PRO SPEAKER MARKET OVERVIEW BY END-USERS
FIGURE 023. EDUCATIONAL INSTITUTES MARKET OVERVIEW (2016-2028)
FIGURE 024. CORPORATES MARKET OVERVIEW (2016-2028)
FIGURE 025. LARGE VENUES & EVENTS MARKET OVERVIEW (2016-2028)
FIGURE 026. GOVERNMENT & MILITARY MARKET OVERVIEW (2016-2028)
FIGURE 027. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 028. NORTH AMERICA PRO SPEAKER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. EUROPE PRO SPEAKER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. ASIA PACIFIC PRO SPEAKER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. MIDDLE EAST & AFRICA PRO SPEAKER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. SOUTH AMERICA PRO SPEAKER MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Pro Speaker Market research report?

The forecast period in the Pro Speaker Market research report is 2023-2030.

Who are the key players in 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), Klipsch Audio Technologies, K-Array, Meyer Sound Laboratories, Nady Systems, OUTLINE, PROEL, Soundcore, Renkus-Heinz, Carlson Audio Systems, Sennheiser, and Other Major Players.

What are the segments of Pro Speaker Market?

Pro Speaker Market is segmented into Type, Format, Distribution Channels, End-Users and region. By Type, the market is categorized into Point Source, Line Array, Sub Woofers, Others. By Format, the market is categorized into Digital, Analog. By Distribution Channel, the market is categorized into Retail, Online. By End-Users Market is categorized into Educational Institutes, Corporates, Large Venues & Events, Government & Military, Others. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Pro Speaker Market?

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

How big is Pro Speaker Market?

The Global Pro Speaker Market size is expected to grow from USD 2.07 billion in 2022 to USD 2.92 billion by 2030, at a CAGR of 4.4%% during the forecast period (2023-2030).