Global Pro Audio Market Growth (Status and Outlook) 2023-2029

Global Pro Audio Market Growth (Status and Outlook) 2023-2029

Pro audio refers to both an activity and a category of high quality, studio-grade audio equipment. Typically it encompasses sound recording, sound reinforcement system setup and audio mixing, and studio music production by trained sound engineers, audio engineers, record producers, and audio technicians who work in live event support and recording using audio mixers, recording equipment and sound reinforcement systems. In contrast, consumer audio equipment is a lower grade of gear which is used by regular people for the reproduction of sound in a private home on a home stereo or home cinema system.

LPI (LP Information)' newest research report, the “Pro Audio Industry Forecast” looks at past sales and reviews total world Pro Audio sales in 2022, providing a comprehensive analysis by region and market sector of projected Pro Audio sales for 2023 through 2029. With Pro Audio sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pro Audio industry.

This Insight Report provides a comprehensive analysis of the global Pro Audio landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pro Audio portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Pro Audio market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pro Audio and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pro Audio.

The global Pro Audio market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Pro Audio is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Pro Audio is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Pro Audio is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Pro Audio players cover Sennheiser, Yamaha, Audio-Tehcnica, Shure, AKG, Blue, Lewitt Audio, Sony and Takstar, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Pro Audio market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Hardware
Software

Segmentation by application
Home Use
Commercial
Education
Government
Hospitality
Retail
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sennheiser
Yamaha
Audio-Tehcnica
Shure
AKG
Blue
Lewitt Audio
Sony
Takstar
MIPRO
Allen&heath
TOA
Wisycom
Beyerdynamic
Lectrosonic

Please note: The report will take approximately 2 business days to prepare and deliver.