North America Professional Portable Audio System Market

North America 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-14615 Publication Date: March-2023 Number of Pages: 84
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Market Report Description

The North America Professional Portable Audio System Market would witness market growth of 7.6% CAGR during the forecast period (2022-2028).

Power amplifiers, mixers, speakers, and microphones are all parts of a professional portable audio system. These systems can be linked wirelessly or with wires depending on the need. Sound pressure changes are turned into electric current changes by the microphone. The AC voltage amplitude of the microphone is proportional to the size of the changes in sound pressure.

In the same way, the frequency of the voltage changes in alternating current matches the frequency of the changes in sound pressure. If there are overtones, they will be in the electrical signal that the microphone sends out. Mics come in three main types: dynamic, condenser, and electret. Sound waves are turned into electrical impulses by microphones. On the other hand, speakers change electrical signals into sounds that one can hear.

In the U.S. corporate event business, technological advancement plays a vital role. The implementation of cutting-edge technology has revolutionized conference/seminar events. In addition, LCD projectors, video conferencing, portable audio systems, and speedy laptops are the new standard requirements in the corporate event industry in the United States. High economic growth in the United States is one of the primary drivers driving the expansion of the corporate event industry in the United States. In addition, the United States has become the largest market in the world due to the tremendous growth of the business travel industry in recent decades. These factors are propelling market growth in the region.

The US market dominated the North America 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 $895.1 million by 2028. The Canada market is poised to grow at a CAGR of 10.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.1% 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 U.S., Mexico, Canada, and Rest of North America.

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

  • US
  • Canada
  • Mexico
  • Rest of North America

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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