Wireless microphone is a microphone without a physical cable. It is also called as radio microphone and commonly used for public speaking and performing arts. It finds applications in many industries such as hospitality, corporate, education, sporting events, and others. Based on type, wireless microphones can be categorized into handheld, clip-on, and others.
Multichannel RF to Increase Product Demand
Based on technology, the microphone is categorized into Wi-Fi band, radio frequency channel, and radio frequency (RF) band. The RF band is projected to be the fastest-growing segment and is expected to witness a CAGR of 7.5 % during the projected period (2018 to 2025). The changing spectrum regulations have increased the use of RF bands in microphone for effective signal broadcasting, which will bode well for the segment development. The RF band offers a variety of channels including single, dual, and multichannel RF bands that can be used in various applications.
Multichannel RF based system allows users to switch frequencies according to the transmission strength, which makes broadcasting operations more reliable and prevents signal loss. For instance, Samson Technologies Inc. introduced a new 4-channel line mixer called SM4 half-rack. It offers Bluetooth and wireless compatibility. The system can be integrated with commercial sound systems such as fitness clubs, restaurants, schools, and others. It allows to mix up to 4 channels of clear audio. In addition, its Mic channel offers a 2-band EQ (Bass and Treble) for adjusting the mic's tone without disrupting the music.
Market Overview
The findings of a report by Grand View Research, Inc. suggest that the global wireless microphone market would expand at a CAGR of 5.9 % during the forecast years reaching a valuation of USD 3.51 billion by 2025. Increasing product usage in television broadcasting, public speaking, entertainment, and podcasting is estimated to be the key driver for the global market development. In addition, growing number of sports events around the world along with technological improvements in Bluetooth and Wi-Fi-enabled microphones is also likely to boost the market growth over the next few years.
Asia Pacific, in particular, would be the fastest-growing market for wireless microphones as a result of growing entertainment and sports events in the region. Key players operating in the market include Sony Electronics, Inc.; Audio-Technica Corporation; Samson Technologies Corp.; Sennheiser Electronic GmbH & Co.; and Samson Technologies Inc.
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