Market Overview:
The global audio production equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for musical instruments, microphones, and other audio production equipment from professional recording studios and households. Additionally, the growing demand for these products in Asia Pacific and Middle East & Africa is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing audio production equipment may restrain the growth of this market during the forecast period.
Product Definition:
Audio production equipment is a term used to describe the various tools and devices used by audio engineers during the production of music, sound effects, and other audio content. This equipment can range from simple tools like microphones and mixers to more complex items like digital recording software and hardware.
The importance of audio production equipment varies depending on the project at hand. In some cases, relatively basic gear may be all that is needed; in others, more sophisticated or specialized gear may be required. It is often said that the quality of a finished product is only as good as the weakest link in the chain, so it's important to ensure that all aspects of an audio production are well-maintained and functioning properly.
Musical Instruments:
Musical instruments have been a part of human existence since the beginning of time. From drums and flutes to guitars and pianos, humans have been creating music using various instruments over the ages. The evolution of audio production equipment has witnessed tremendous growth in recent years owing to increased demand for electronic music across the globe.
Microphones:
Microphones are electronic devices that help to capture the sound. They work by converting the electrical audio signal into a varying magnetic field, which is then amplified and sent to a loudspeaker or recording device. The most widely used microphones today include dynamic (moving) and condenser (stationary) types, with both wired and wireless models existing in between these two extremes.
Application Insights:
The other application segment includes corporate, commercial and institutional recording studios. The professional recording studio segment dominated the global audio production equipment market in 2017 and is expected to maintain its lead over the forecast period. This can be attributed to a growing number of high-end audio production facilities offering state-of-the-art technology for music, sound effects and narration recordings. Furthermore, rising demand for mixing/mastering of digital audio files as well as vinyl records is anticipated to boost industry growth over the coming years.
The household application segment is projected to witness significant growth during the forecast period owing to increasing use of smartphones with features such as voice recognition software that enables users record their own voices while making calls or sending text messages on mobile phones.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of prominent players operating in this region. Moreover, these companies are also focusing on expanding their business operations by opening up showrooms and distribution centers across countries. For instance, Shure Inc., a manufacturer of audio products such as microphones and musical instruments such as headphones has its presence felt not only in North America but also around the world through its web site www.shureinc.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing demand for high-quality audio production equipment from developing countries such as India.
Growth Factors:
- Increasing demand for high-quality audio content across various industries
- Proliferation of digital audio devices and formats
- Rising demand for customized and personalized audio products
- Growing popularity of online music streaming services
- Technological advancements in audio production equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Audio Production Equipment Market Research Report
By Type
Musical Instruments, Microphones, Other
By Application
Household, Professional Recording Studio, Other
By Companies
Yamaha, Roland, Harman International, Sennheiser electronic GmbH, Gibson Brands, Casio Computer, Shure Incorporated, C. F. Martin, Fender Musical Instruments, Yamaha
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Audio Production Equipment Market Report Segments:
The global Audio Production Equipment market is segmented on the basis of:
Types
Musical Instruments, Microphones, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Professional Recording Studio, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yamaha
- Roland
- Harman International
- Sennheiser electronic GmbH
- Gibson Brands
- Casio Computer
- Shure Incorporated
- C. F. Martin
- Fender Musical Instruments
- Yamaha
Highlights of The Audio Production Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Musical Instruments
- Microphones
- Other
- By Application:
- Household
- Professional Recording Studio
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Audio Production Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Audio production equipment is any piece of equipment used to produce audio content, including microphones, mixers, sound recording and editing software, and speakers.
Some of the major companies in the audio production equipment market are Yamaha, Roland, Harman International, Sennheiser electronic GmbH, Gibson Brands, Casio Computer, Shure Incorporated, C. F. Martin, Fender Musical Instruments, Yamaha.
The audio production equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Audio Production Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Audio Production Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Audio Production Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Audio Production Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Audio Production Equipment Market Size & Forecast, 2020-2028
4.5.1 Audio Production Equipment Market Size and Y-o-Y Growth
4.5.2 Audio Production Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Musical Instruments
5.2.2 Microphones
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Professional Recording Studio
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Audio Production Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Audio Production Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Musical Instruments
9.6.2 Microphones
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Professional Recording Studio
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Musical Instruments
10.6.2 Microphones
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Professional Recording Studio
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Musical Instruments
11.6.2 Microphones
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Professional Recording Studio
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Musical Instruments
12.6.2 Microphones
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Professional Recording Studio
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Musical Instruments
13.6.2 Microphones
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Professional Recording Studio
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Audio Production Equipment Market: Competitive Dashboard
14.2 Global Audio Production Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yamaha
14.3.2 Roland
14.3.3 Harman International
14.3.4 Sennheiser electronic GmbH
14.3.5 Gibson Brands
14.3.6 Casio Computer
14.3.7 Shure Incorporated
14.3.8 C. F. Martin
14.3.9 Fender Musical Instruments
14.3.10 Yamaha
