Market Overview:
The global commercial audio system 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 advanced and innovative audio systems in various applications such as medical textiles, commercial textiles, and others. In addition, the growing awareness about hygiene and infection prevention is also propelling the demand for antimicrobial-based audio systems. The silver-based antimicrobial segment is expected to hold a major share of the global commercial audio system market during the forecast period owing to its high efficacy against a wide range of microorganisms. The zinc-based antimicrobial segment is also projected to witness significant growth during the forecast period on account of its properties such as high durability and resistance against corrosion. In terms of application, medical textiles are anticipated to hold a dominant position in the global commercial audio system market during 2018–2030 due to their ability prevent cross contamination between patients and healthcare workers.
Product Definition:
Commercial Audio System is an electronic system used to amplify sound in a commercial setting. This system can be used indoors or outdoors to provide clear and audible sound for customers or employees. Commercial Audio Systems are important for businesses as they allow customers and employees to communicate clearly and effectively.
Silver-based Antimicrobial:
The global commercial audio system market size was valued at USD 44.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of rising demand for advanced technology with improved sound quality, enhanced connectivity, and greater convenience features.
Zinc-based Antimicrobial:
Zinc-based antimicrobial is a coating applied to the surface of an audio system. It helps in reducing the growth of microbes and bacteria on its surface by producing an acidic environment around it. The product also provides protection from germs, which are usually found in kitchens and bathrooms. Zinc-based antimicrobial can be used for both residential as well as commercial applications such as sound systems, computers, cell phones & tablets, MP3 players among others.
Application Insights:
The other application segment includes hospitality, healthcare, education and retail. Commercial textiles is expected to be the fastest-growing application segment over the forecast period owing to rising demand for antimicrobial products in this industry. The medical textile sector is also projected to witness significant growth during the same period owing to increasing demand for advanced medical care services across various industries worldwide.
Medical textiles are required to be kept free from microbial contamination including bacteria and fungi that may cause disease or infection.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This can be attributed to increasing awareness regarding health and hygiene, rising consumer preference for antimicrobial products, and growing demand for high-quality sound reinforcement systems in various applications such as corporate meeting rooms, hotels/restaurants, retail stores among others.
Asia Pacific is anticipated to emerge as the fastest-growing regional market from 2018 to 2030 owing to factors such as improving economic conditions and rapid industrialization & urbanization that have resulted in an increase in commercial construction activities across major markets including China & India. Moreover, rising disposable income levels are also likely contribute toward increased spending on commercial audio systems over the next eight years in this region.
Growth Factors:
- Increasing demand for high-quality audio systems in commercial spaces
- Proliferation of digital technologies and the growing trend of convergence
- Rising demand for customized and user-friendly audio systems
- Growing popularity of home theaters and other entertainment options among consumers
- Increasing investments by businesses in soundproofing and acoustic treatment solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Audio System Market Research Report
By Type
Silver-based Antimicrobial, Zinc-based Antimicrobial, Other
By Application
Medical Textile, Commercial Textile, Other
By Companies
Microban, Sanitized, Rudolf, BioCote, Proneem, Toagosei, Sciessent, Milliken, DuPont, Ishizuka Glass Group, Sinanen Zeomic, Addmaster, Nano-Care, Sarex Chemicals
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Audio System Market Report Segments:
The global Commercial Audio System market is segmented on the basis of:
Types
Silver-based Antimicrobial, Zinc-based Antimicrobial, 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
Medical Textile, Commercial Textile, 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:
- Microban
- Sanitized
- Rudolf
- BioCote
- Proneem
- Toagosei
- Sciessent
- Milliken
- DuPont
- Ishizuka Glass Group
- Sinanen Zeomic
- Addmaster
- Nano-Care
- Sarex Chemicals
Highlights of The Commercial Audio System 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:
- Silver-based Antimicrobial
- Zinc-based Antimicrobial
- Other
- By Application:
- Medical Textile
- Commercial Textile
- 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 Commercial Audio System 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?
Commercial audio systems are used in businesses and other commercial settings to provide sound for presentations, meetings, and other events. They can include a variety of equipment, including speakers, microphones, amplifiers, and sound reinforcement systems.
Some of the major players in the commercial audio system market are Microban, Sanitized, Rudolf, BioCote, Proneem, Toagosei, Sciessent, Milliken, DuPont, Ishizuka Glass Group, Sinanen Zeomic, Addmaster, Nano-Care, Sarex Chemicals.
The commercial audio system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Audio System 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 Commercial Audio System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Audio System 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 Commercial Audio System 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 Commercial Audio System Market Size & Forecast, 2020-2028
4.5.1 Commercial Audio System Market Size and Y-o-Y Growth
4.5.2 Commercial Audio System 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 Silver-based Antimicrobial
5.2.2 Zinc-based Antimicrobial
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 Medical Textile
6.2.2 Commercial Textile
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Audio System 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 Commercial Audio System 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 Silver-based Antimicrobial
9.6.2 Zinc-based Antimicrobial
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 Medical Textile
9.10.2 Commercial Textile
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 Silver-based Antimicrobial
10.6.2 Zinc-based Antimicrobial
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 Medical Textile
10.10.2 Commercial Textile
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 Silver-based Antimicrobial
11.6.2 Zinc-based Antimicrobial
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 Medical Textile
11.10.2 Commercial Textile
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 Silver-based Antimicrobial
12.6.2 Zinc-based Antimicrobial
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 Medical Textile
12.10.2 Commercial Textile
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 Silver-based Antimicrobial
13.6.2 Zinc-based Antimicrobial
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 Medical Textile
13.10.2 Commercial Textile
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 Commercial Audio System Market: Competitive Dashboard
14.2 Global Commercial Audio System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microban
14.3.2 Sanitized
14.3.3 Rudolf
14.3.4 BioCote
14.3.5 Proneem
14.3.6 Toagosei
14.3.7 Sciessent
14.3.8 Milliken
14.3.9 DuPont
14.3.10 Ishizuka Glass Group
14.3.11 Sinanen Zeomic
14.3.12 Addmaster
14.3.13 Nano-Care
14.3.14 Sarex Chemicals
