Global Public Address Systems Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Public Address Systems Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A public address system (PA system) is an electronic system comprising microphones, amplifiers, loudspeakers, and related equipment. It increases the apparent volume (loudness) of a human voice, musical instrument, or other acoustic sound source or recorded sound or music.

Market Overview:

The latest research study on the global Public Address Systems market finds that the global Public Address Systems market reached a value of USD 358.5 million in 2022. It’s expected that the market will achieve USD 480.11 million by 2028, exhibiting a CAGR of 4.99% during the forecast period.

Drivers

Population and the economy are important factors in the public address system. With the development of economy and technology, the development of this public broadcasting system is promoted. The growth of population promotes the continuous growth of downstream demand, such as the construction of public foundations such as national defense, fire protection, shopping malls, etc., which promotes the influx of large numbers of enterprises into the market, and the production and updating of technology to continue product innovation, thereby increasing productivity and cost-effectiveness.

In addition, the continuous development of the economy promotes the increase of national income. The increase in consumption rate and the change in consumer attitudes drive people's material consumption.

In India and the Middle East, their economic base is weaker, and public broadcasting systems are mostly used for public infrastructure.

Limitations

Public address system is mainly concentrated in countries with relatively strong economic bases. The economic foundation leads to different products between different companies. The relationship between large companies and downstream customers is stable, and new entrants are not easy to open their own markets.

The popularity of products is difficult. Economic base and product quality are a big problem, especially in developing countries. The gap between rich and poor determines the concept of consumption among different people, and the technical production of different suppliers determines the quality of the product.

Region Overview:

China had the highest growth rate of all regions.

Company Overview:

Bose is one of the major players operating in the Public Address Systems market, holding a share of 32.21% in 2018.

Professional sound systems demand an uncommon expertise and specialized products. For more than 40 years, Bose Professional has developed innovative loudspeakers, electronics and software to meet the needs of demanding professional audio applications. Our products are sold only through authorized pro-audio dealers, AV-system integrators and distributors. We provide substantial support for our distribution network, including product technical information, system design support and after-sale support. Bose sound is found throughout the world in performing arts centers, theaters, houses of worship, stadiums, restaurants, retail stores, corporate buildings and hospitality establishments.

TOA Corporation is a specialist manufacturer of sound equipment for commercial and professional use as well as video equipment such as security cameras. Since its founding in 1934, TOA has grown to include bases both in Japan and overseas. The company currently supplies products
to more than 120 countries around the world.

Segmentation Overview:

Among different product types, Non-critical Systems segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Indoor segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Public Address Systems market covered in Chapter 3:

DSPPA Audio
Seismic Audio
Anchor Audio
Fender
Rockville
Amplivox Sound Systems
Samson Technologies
ION Audio
Harman
Peavey
AtlasIED
MIPRO
BaoLun Electronics
Behringer
Hisonic
TOA Corporation
Bose
AEB Industriale
LOUD Technologies
Pyle
Yamaha

In Chapter 4 and Chapter 14.2, on the basis of types, the Public Address Systems market from 2018 to 2029 is primarily split into:

Critical Systems
Non-critical Systems

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Public Address Systems market from 2018 to 2029 covers:

Indoor
Outdoor

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)