Product Code: GVR-4-68039-993-6
Microphone Market Growth & Trends:
The global microphone market size is expected to reach USD 9.99 billion by 2030, expanding at a CAGR of 5.6% from 2025 to 2030, according to a recent study by Grand View Research, Inc. The rising adoption of microphones in the music industry is driving the growth of the global microphones market. Online shows and events have become increasingly popular due to easy access to the internet & smartphones. The internet on-demand video market has grown significantly, especially since the introduction of premium streaming platforms.
Potential end-users, including stand-up comedians and motivational speakers, provide a significant opportunity for the market to grow. Thus, a noticeable increase in the number of events and online shows is expected to increase demand for mics and speakers, which is expected to support the growth of the microphones market.
The COVID-19 pandemic led to an economic slowdown and a drop in disposable income globally. The low earning capability forced consumers to purchase essential products primarily over non-essential ones such as electronic products that include microphones, speakers, and more. This situation hampered the demand in the global microphone industry. Furthermore, technical issues and difficulties such as wireless connection blockages, physical distance, and reception fade are expected to hamper the growth of the market for microphones.
Several major countries and booming economies have seen substantial losses and slowed growth during the lockdown period. As the pandemic hit the market, it became incredibly difficult for manufacturers of wireless microphone systems to continue operations. The economies of various nations have suffered greatly as a result of lockdowns due to the COVID-19 outbreak. The reduction of investments in several core industries has led to the decline of the wireless microphone market.
The chipset shortage at the global level has hampered the microphone industry. Semiconductors are primarily used in several electronic devices, including microphones. The disruption in the supply chain negatively impacted the production of microphones worldwide, and the low production is expected to negatively impact market growth.
Microphone Market Report Highlights:
- The evolving entertainment and television broadcasting industry has fueled the growth of the market for microphones across the Asia Pacific. The rising trend for video logging is expected to benefit the market in this region for the forecasted period
- The rising demand for podcasting, online video streaming, and voiceover work is expected to drive the growth of the USB microphones segment during the projection period. This segment is anticipated to expand at a significant CAGR from 2025 to 2030
- The demand for various types of wireless microphone-related items has expanded, as the automotive industry becomes more automated. These components are employed in telematics, controllers, and Global Positioning Systems (GPS). Electric vehicles (EVs) and driverless vehicles both use these components extensively, and the increased demand for EVs will accelerate product acceptance during the assessment period
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Microphone Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Microphone Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
- 3.4. Pain Point Analysis
Chapter 4. Microphone Market: Connectivity Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Microphone Market: Connectivity Movement Analysis, USD Billion, 2024 & 2030
- 4.3. USB Microphones
- 4.3.1. USB Microphones Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. XLR Microphones
- 4.4.1. XLR Microphones Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Microphone Market: Regional Estimates & Trend Analysis
- 5.1. Microphone Market Share, By Region, 2024 & 2030, USD Billion
- 5.2. North America
- 5.2.1. North America Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.2.2. U.S.
- 5.2.2.1. U.S. Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.2.3. Canada
- 5.2.3.1. Canada Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.2.4. Mexico
- 5.2.4.1. Mexico Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.3. Europe
- 5.3.1. Europe Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.3.2. U.K.
- 5.3.2.1. U.K. Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.3.3. Germany
- 5.3.3.1. Germany Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.3.4. France
- 5.3.4.1. France Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Asia Pacific
- 5.4.1. Asia Pacific Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.2. China
- 5.4.2.1. China Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.3. Japan
- 5.4.3.1. Japan Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.4. India
- 5.4.4.1. India Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.5. South Korea
- 5.4.5.1. South Korea Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.6. Australia
- 5.4.6.1. Australia Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Latin America
- 5.5.1. Latin America Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5.2. Brazil
- 5.5.2.1. Brazil Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Middle East and Africa
- 5.6.1. Middle East and Africa Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6.2. UAE
- 5.6.2.1. UAE Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6.3. KSA
- 5.6.3.1. KSA Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6.4. South Africa
- 5.6.4.1. South Africa Microphone Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Competitive Landscape
- 6.1. Company Categorization
- 6.2. Company Market Positioning
- 6.3. Company Heat Map Analysis
- 6.4. Company Profiles/Listing
- 6.4.1. AAC Technologies
- 6.4.1.1. Participant's Overview
- 6.4.1.2. Financial Performance
- 6.4.1.3. Product Benchmarking
- 6.4.1.4. Strategic Initiatives
- 6.4.2. BSE
- 6.4.2.1. Participant's Overview
- 6.4.2.2. Financial Performance
- 6.4.2.3. Product Benchmarking
- 6.4.2.4. Strategic Initiatives
- 6.4.3. Cognex Corporation
- 6.4.3.1. Participant's Overview
- 6.4.3.2. Financial Performance
- 6.4.3.3. Product Benchmarking
- 6.4.3.4. Strategic Initiatives
- 6.4.4. Gettop Acoustic
- 6.4.4.1. Participant's Overview
- 6.4.4.2. Financial Performance
- 6.4.4.3. Product Benchmarking
- 6.4.4.4. Strategic Initiatives
- 6.4.5. Goertek
- 6.4.5.1. Participant's Overview
- 6.4.5.2. Financial Performance
- 6.4.5.3. Product Benchmarking
- 6.4.5.4. Strategic Initiatives
- 6.4.6. Hosiden Corporation
- 6.4.6.1. Participant's Overview
- 6.4.6.2. Financial Performance
- 6.4.6.3. Product Benchmarking
- 6.4.6.4. Strategic Initiatives
- 6.4.7. Infineon Technologies
- 6.4.7.1. Participant's Overview
- 6.4.7.2. Financial Performance
- 6.4.7.3. Product Benchmarking
- 6.4.7.4. Strategic Initiatives
- 6.4.8. Microscan Systems Inc.
- 6.4.8.1. Participant's Overview
- 6.4.8.2. Financial Performance
- 6.4.8.3. Product Benchmarking
- 6.4.8.4. Strategic Initiatives
- 6.4.9. Microscan Systems Inc.
- 6.4.9.1. Participant's Overview
- 6.4.9.2. Financial Performance
- 6.4.9.3. Product Benchmarking
- 6.4.9.4. Strategic Initiatives
- 6.4.10. TDK Corporation
- 6.4.10.1. Participant's Overview
- 6.4.10.2. Financial Performance
- 6.4.10.3. Product Benchmarking
- 6.4.10.4. Strategic Initiatives
- 6.4.11. ZillTek Technology
- 6.4.11.1. Participant's Overview
- 6.4.11.2. Financial Performance
- 6.4.11.3. Product Benchmarking
- 6.4.11.4. Strategic Initiatives