The global Professional Audio Equipment market size is estimated to be $13.21 billion in 2023, and Market IntelliX analysts predict it will reach $21.2 billion by 2031, growing at a CAGR of 6.1% during the forecast period from 2023 to 2031.
This report studies the Professional Audio Equipment market, covering market size for segment by type (Microphones, Speakers, etc.), by application (Retail, Commercial Installation, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Yamaha, d&b audiotechnik, HARMAN International, Audio-Tehcnica, Bose, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Professional Audio Equipment from 2017-2022, and provides extensive market forecasts from 2023-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Professional Audio Equipment market.
Leading Players of Professional Audio Equipment including:
Yamaha
d&b audiotechnik
HARMAN International
Audio-Tehcnica
Bose
AKG
Sony
Behringer
Altec Lansing
Klipsch Audio Technologies
L-Acoustics
Beyerdynamic
Panasonic
Sennheiser
Alpine Electronics
Roland Corporation
TOA Corporation
RCF
QSC
Meyer Sound
Market split by Type:
Microphones
Speakers
Power Amplifiers
Headphones
Others
Market split by Application:
Retail
Commercial Installation
Touring & Live Events
Market split by Sales Channel:
Direct Channel
Distribution Channel
Market split by Region/Country:
North America (United States and Canada)
Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
South America (Brazil, Mexico, and Argentina, etc.)
Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)
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Chapter 1 Professional Audio Equipment Market Overview
1.1 Professional Audio Equipment Definition
1.2 Global Professional Audio Equipment Market Size Status and Outlook (2017-2031)
1.3 Global Professional Audio Equipment Market Size Comparison by Region (2017-2031)
1.4 Global Professional Audio Equipment Market Size Comparison by Type (2017-2031)
1.5 Global Professional Audio Equipment Market Size Comparison by Application (2017-2031)
1.6 Global Professional Audio Equipment Market Size Comparison by Sales Channel (2017-2031)
1.7 Professional Audio Equipment Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Merger/Acquisition/Expansion)
1.7.4 Key Trends in Professional Audio Equipment Market
Chapter 2 Professional Audio Equipment Market Competition by Player
2.1 Global Professional Audio Equipment Sales and Market Share by Player (2020-2022)
2.2 Global Professional Audio Equipment Revenue and Market Share by Player (2020-2022)
2.3 Global Professional Audio Equipment Average Price by Player (2020-2022)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Professional Audio Equipment Market Segment by Type
3.1 Global Professional Audio Equipment Market by Type
3.1.1 Microphones
3.1.2 Speakers
3.1.3 Power Amplifiers
3.1.4 Headphones
3.1.5 Others
3.2 Global Professional Audio Equipment Sales and Market Share by Type (2017-2022)
3.3 Global Professional Audio Equipment Revenue and Market Share by Type (2017-2022)
3.4 Global Professional Audio Equipment Average Price by Type (2017-2022)
3.5 Conclusion of Segment by Type
Chapter 4 Professional Audio Equipment Market Segment by Application
4.1 Global Professional Audio Equipment Market by Application
4.1.1 Retail
4.1.2 Commercial Installation
4.1.3 Touring & Live Events
4.2 Global Professional Audio Equipment Revenue and Market Share by Application (2017-2022)
4.3 Conclusion of Segment by Application
Chapter 5 Professional Audio Equipment Market Segment by Sales Channel
5.1 Global Professional Audio Equipment Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Professional Audio Equipment Revenue and Market Share by Sales Channel (2017-2022)
5.3 Conclusion of Segment by Sales Channel
Chapter 6 Professional Audio Equipment Market Segment by Region & Country
6.1 Global Professional Audio Equipment Market Size and CAGR by Region (2017-2031)
6.2 Global Professional Audio Equipment Sales and Market Share by Region (2017-2022)
6.3 Global Professional Audio Equipment Revenue and Market Share by Region (2017-2022)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Professional Audio Equipment Market Share by Type
6.4.3 North America Professional Audio Equipment Market Share by Application
6.4.4 United States
6.4.5 Canada
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Professional Audio Equipment Market Share by Type
6.5.3 Europe Professional Audio Equipment Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Spain
6.5.9 Russia
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Professional Audio Equipment Market Share by Type
6.6.3 Asia-Pacific Professional Audio Equipment Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Professional Audio Equipment Market Share by Type
6.7.3 South America Professional Audio Equipment Market Share by Application
6.7.4 Brazil
6.7.5 Mexico
6.7.6 Argentina
6.7.7 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Professional Audio Equipment Market Share by Type
6.8.3 Middle East & Africa Professional Audio Equipment Market Share by Application
6.8.4 Turkey
6.8.5 UAE
6.8.6 Saudi Arabia
6.8.7 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Professional Audio Equipment Players
7.1 Yamaha
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 d&b audiotechnik
7.3 HARMAN International
7.4 Audio-Tehcnica
7.5 Bose
7.6 AKG
7.7 Sony
7.8 Behringer
7.9 Altec Lansing
7.10 Klipsch Audio Technologies
7.11 L-Acoustics
7.12 Beyerdynamic
7.13 Panasonic
7.14 Sennheiser
7.15 Alpine Electronics
7.16 Roland Corporation
7.17 TOA Corporation
7.18 RCF
7.19 QSC
7.20 Meyer Sound
Chapter 8 Upstream and Downstream Analysis of Professional Audio Equipment
8.1 Industrial Chain of Professional Audio Equipment
8.2 Upstream of Professional Audio Equipment
8.3 Downstream of Professional Audio Equipment
Chapter 9 Development Trend of Professional Audio Equipment (2023-2031)
9.1 Global Professional Audio Equipment Market Size (Sales and Revenue) Forecast (2023-2031)
9.2 Global Professional Audio Equipment Market Size and CAGR Forecast by Region (2023-2031)
9.3 Global Professional Audio Equipment Market Size and CAGR Forecast by Type (2023-2031)
9.4 Global Professional Audio Equipment Market Size and CAGR Forecast by Application (2023-2031)
9.5 Global Professional Audio Equipment Market Size and CAGR Forecast by Sales Channel (2023-2031)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
List of Tables and Figures
Figure Professional Audio Equipment Example
Figure Global Professional Audio Equipment Revenue (Million $) Status and Outlook (2017-2031)
Figure Global Professional Audio Equipment Revenue (Million $) Comparison by Region (2017-2031)
Figure Global Professional Audio Equipment Revenue (Million $) Comparison by Type (2017-2031)
Figure Global Professional Audio Equipment Revenue (Million $) Comparison by Application (2017-2031)
Figure Global Professional Audio Equipment Revenue (Million $) Comparison by Sales Channel (2017-2031)
Table Global Professional Audio Equipment Sales by Player (2020-2022)
Table Global Professional Audio Equipment Sales Market Share by Player (2020-2022)
Figure Global Professional Audio Equipment Sales Market Share by Player in 2022
Table Global Professional Audio Equipment Revenue (Million $) by Player (2020-2022)
Table Global Professional Audio Equipment Revenue Market Share by Player (2020-2022)
Figure Global Professional Audio Equipment Revenue Market Share by Player in 2022
Table Global Professional Audio Equipment Average Price by Player (2020-2022)
Figure Global Professional Audio Equipment Average Price by Player in 2022
Figure Global Professional Audio Equipment Players Competition Situation – Top 5 Players’ Revenue Market Share in 2020
Figure Global Professional Audio Equipment Players Competition Trends – Top 5 Players’ Revenue Market Share in 2022
Figure Example of Microphones
Figure Global Microphones Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Speakers
Figure Global Speakers Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Power Amplifiers
Figure Global Power Amplifiers Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Headphones
Figure Global Headphones Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Others
Figure Global Others Revenue (Million $) and Growth Rate (2017-2022)
Table Global Professional Audio Equipment Sales by Type (2017-2022)
Table Global Professional Audio Equipment Sales Market Share by Type (2017-2022)
Figure Global Professional Audio Equipment Sales Market Share by Type in 2022
Table Global Professional Audio Equipment Revenue (Million $) by Type (2017-2022)
Table Global Professional Audio Equipment Revenue Market Share by Type (2017-2022)
Figure Global Professional Audio Equipment Revenue Market Share by Type in 2022
Table Global Professional Audio Equipment Average Price by Type (2017-2022)
Figure Global Professional Audio Equipment Average Price by Type in 2022
Table Leading Players of Professional Audio Equipment by Type in 2022
Figure Example of Retail
Figure Global Professional Audio Equipment for Retail Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Commercial Installation
Figure Global Professional Audio Equipment for Commercial Installation Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Touring & Live Events
Figure Global Professional Audio Equipment for Touring & Live Events Revenue (Million $) and Growth Rate (2017-2022)
Table Global Professional Audio Equipment Sales by Application (2017-2022)
Table Global Professional Audio Equipment Sales Market Share by Application (2017-2022)
Figure Global Professional Audio Equipment Sales Market Share by Application in 2022
Table Leading Consumers of Professional Audio Equipment by Application in 2022
Figure Example of Direct Channel
Figure Global Professional Audio Equipment for Direct Channel Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Distribution Channel
Figure Global Professional Audio Equipment for Distribution Channel Revenue (Million $) and Growth Rate (2017-2022)
Table Global Professional Audio Equipment Revenue by Sales Channel (2017-2022)
Table Global Professional Audio Equipment Revenue Market Share by Sales Channel (2017-2022)
Figure Global Professional Audio Equipment Revenue Market Share by Sales Channel in 2022
Table Leading Distributors/Dealers of Professional Audio Equipment by Sales Channel in 2022
Table Global Professional Audio Equipment Market Size and CAGR by Region (2017-2031)
Table Global Professional Audio Equipment Sales by Region (2017-2022)
Table Global Professional Audio Equipment Sales Market Share by Region (2017-2022)
Figure Global Professional Audio Equipment Sales Market Share by Region in 2022
Table Global Professional Audio Equipment Revenue (Million $) by Region (2017-2022)
Table Global Professional Audio Equipment Revenue Market Share by Region (2017-2022)
Figure Global Professional Audio Equipment Revenue Market Share by Region in 2022
Table North America Professional Audio Equipment Sales by Country (2017-2022)
Figure North America Professional Audio Equipment Sales Market Share by Country (2017-2022)
Table North America Professional Audio Equipment Revenue by Country (2017-2022)
Figure North America Professional Audio Equipment Revenue Market Share by Country (2017-2022)
Figure North America Professional Audio Equipment Market Share by Type in 2022
Figure North America Professional Audio Equipment Market Share by Application in 2022
Figure United States Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure United States Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure Canada Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Canada Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Table Europe Professional Audio Equipment Sales by Country (2017-2022)
Figure Europe Professional Audio Equipment Sales Market Share by Country (2017-2022)
Table Europe Professional Audio Equipment Revenue by Country (2017-2022)
Figure Europe Professional Audio Equipment Revenue Market Share by Country (2017-2022)
Figure Europe Professional Audio Equipment Market Share by Type in 2022
Figure Europe Professional Audio Equipment Market Share by Application in 2022
Figure Germany Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Germany Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure UK Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure UK Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure France Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure France Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure Italy Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Italy Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure Spain Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Spain Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure Russia Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Russia Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Table Asia-Pacific Professional Audio Equipment Sales by Country (2017-2022)
Figure Asia-Pacific Professional Audio Equipment Sales Market Share by Country (2017-2022)
Table Asia-Pacific Professional Audio Equipment Revenue by Country (2017-2022)
Figure Asia-Pacific Professional Audio Equipment Revenue Market Share by Country (2017-2022)
Figure Asia-Pacific Professional Audio Equipment Market Share by Type in 2022
Figure Asia-Pacific Professional Audio Equipment Market Share by Application in 2022
Figure China Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure China Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure Japan Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Japan Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure Korea Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Korea Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure India Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure India Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure Southeast Asia Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Southeast Asia Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure Australia Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Australia Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Table South America Professional Audio Equipment Sales by Country (2017-2022)
Figure South America Professional Audio Equipment Sales Market Share by Country (2017-2022)
Table South America Professional Audio Equipment Revenue by Country (2017-2022)
Figure South America Professional Audio Equipment Revenue Market Share by Country (2017-2022)
Figure South America Professional Audio Equipment Market Share by Type in 2022
Figure South America Professional Audio Equipment Market Share by Application in 2022
Figure Brazil Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Brazil Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure Mexico Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Mexico Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure Argentina Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Argentina Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure Colombia Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Colombia Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Table Middle East & Africa Professional Audio Equipment Sales by Country (2017-2022)
Figure Middle East & Africa Professional Audio Equipment Sales Market Share by Country (2017-2022)
Table Middle East & Africa Professional Audio Equipment Revenue by Country (2017-2022)
Figure Middle East & Africa Professional Audio Equipment Revenue Market Share by Country (2017-2022)
Figure Middle East & Africa Professional Audio Equipment Market Share by Type in 2022
Figure Middle East & Africa Professional Audio Equipment Market Share by Application in 2022
Figure Turkey Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Turkey Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure UAE Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure UAE Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure Saudi Arabia Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure Saudi Arabia Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Figure South Africa Professional Audio Equipment Sales and Growth Rate (2017-2022)
Figure South Africa Professional Audio Equipment Revenue (Million $) and Growth Rate (2017-2022)
Table Company Snapshot of Yamaha
Table Professional Audio Equipment Introduction of Yamaha
Table Professional Audio Equipment Sales, Price, Revenue, Gross Margin and Market Share of Yamaha (2020-2022)
Table Industrial Chain of Professional Audio Equipment
Table Manufacturing Cost Structure of Professional Audio Equipment
Table General Manufacturing Process of Professional Audio Equipment
Table Leading Distributors/Dealers of Professional Audio Equipment
Table Leading Consumers of Professional Audio Equipment
Figure Global Professional Audio Equipment Sales and Growth Rate Forecast (2023-2031)
Figure Global Professional Audio Equipment Revenue and Growth Rate Forecast (2023-2031)
Table Global Professional Audio Equipment Market Size and CAGR Forecast by Region (2023-2031)
Table Global Professional Audio Equipment Market Size and CAGR Forecast by Type (2023-2031)
Table Global Professional Audio Equipment Market Size and CAGR Forecast by Application (2023-2031)
Table Global Professional Audio Equipment Market Size and CAGR Forecast by Sales Channel (2023-2031)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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