Europe Professional Portable Audio System Market

Europe Professional Portable Audio System Market Size, Share & Industry Trends Analysis Report By Distribution Channel, By Application (Hospitality, Corporate Bodies, Government and Others), By Equipment, By Usage, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-14613 Publication Date: March-2023 Number of Pages: 96
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Market Report Description

The Europe Professional Portable Audio System Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).

The dynamic speaker, which employs the same working principles as the dynamic microphone, is now the most popular type of speaker. When a variable electrical signal (current) is routed via a coil (voice coil) enclosed by a magnet, the coil oscillates. Cones (typically made of paper) linked to the moving coil generate fluctuations in air pressure (i.e., sound waves) that correspond to the electrical signal delivered through the speaker coil.

Each speaker has a nominal resistance or, more precisely, an impedance, the average resistance between the speaker leads. Hence, speakers behave similarly to resistors when positioned in parallel and in series. The frequency range across which a speaker can properly convey sound waves is the frequency response, an essential speaker attribute.

Speakers can be classified based on the frequency range for which they are designed: Woofers: speakers particularly intended for low frequencies (less than 200 Hz). Midrange: speakers built to handle frequencies between 500 and 3000 Hz. Tweeter: a type of speaker that handles frequencies higher than midrange speakers. Full-range speakers can reproduce frequencies between 100 Hz and 15,000 Hz. The sound quality of full-range speakers is lower than that of a sound system comprised of woofers, midrange speakers, and tweeters.

In Europe, the rapid growth of the tourism and hospitality industries, the expansion of IT hubs, and the exponential increase in business activities such as conferences and seminars, brand promotions, and employee training activities are the primary growth drivers for the European event management industry. The industry is also growing because of increased business travel, a change in how business travelers live (they now want to travel for fun), more people living in cities, and more money in their pockets. The growing event management sector which is one of the most prominent users of the professional audio system, is expected to boost market growth in the region

The Germany market dominated the Europe Professional Portable Audio System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $243.5 million by 2028. The UK market is anticipated to grow at a CAGR of 7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 8.7% during (2022 - 2028).

Based on Distribution Channel, the market is segmented into Offline and Online. Based on Application, the market is segmented into Hospitality, Corporate Bodies, Government and Others. Based on Equipment, the market is segmented into Speaker System, Mixing Console, Power Amplifier, Microphone and Others. Based on Usage, the market is segmented into Purchased and Rental. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Worldwide Professional Portable Audio System Market is Projected to reach USD 3.7 Billion by 2028, at a CAGR of 8.4%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sonodyne Technologies Pvt. Ltd., QSC, LLC, RCF S.p.A., Focusrite Plc (ADAM Audio GmbH), Alps Alpine Co., Ltd., Sennheiser Electronic GmbH & Co. KG , Bose Corporation, Harman International Industries, Inc. (Samsung Electronics Co., Ltd.), Roland Corporation and Yamaha Corporation (Menchey Music Service, Inc.)

Scope of the Study

Market Segments Covered in the Report:

By Distribution Channel

  • Offline
  • Online

By Application

  • Hospitality
  • Corporate Bodies
  • Government
  • Others

By Equipment

  • Speaker System
  • Mixing Console
  • Power Amplifier
  • Microphone
  • Others

By Usage

  • Purchased
  • Rental

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • Sonodyne Technologies Pvt. Ltd.
  • QSC, LLC
  • RCF S.p.A.
  • Focusrite Plc (ADAM Audio GmbH)
  • Alps Alpine Co., Ltd.
  • Sennheiser Electronic GmbH & Co. KG
  • Bose Corporation
  • Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
  • Roland Corporation
  • Yamaha Corporation (Menchey Music Service, Inc.)
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