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United States Sound Reinforcement Industry Outlook and Forecast Report 2019-2024 – ResearchAndMarkets.com
Reading Time: 3 minutes
DUBLIN–(BUSINESS WIRE)–The “Sound
Reinforcement Market in US – Industry Outlook and Forecast 2019-2024”
report has been added to ResearchAndMarkets.com’s
offering.
The US sound reinforcement market is likely to reach around $3.16
billion by 2024, growing at a CAGR of approximately 3% during 2018-2024.
The growing convergence of Pro AV and IoT, the booming live industry
music industry, strategic collaborations for product designs, changing
corporate dynamics, and the rising adoption of sound reinforcement
systems across educational institutes and government offices are
expected to drive the US sound reinforcement market in coming years.
Rapid urbanization and industrialization are two major factors that are
driving the adoption of sound reinforcement systems in several sectors
Several new vendors are trying to enter the US sound reinforcement
market by introducing innovative tools and devices. However, the
existing consumer electronics vendors/traditional pro AV systems
providers are not far behind. They are consistently enhancing their
product portfolios. Hence, the introduction of upgrades is expected to
drive market growth during the forecast period. Advancements in
technology will help sound enhancement products to fare better in terms
of usage, connectivity, design, sensor technology, and signal
transmission during the forecast period.
The research report on the US sound reinforcement market covers market
sizing and forecast, market share, industry trends, growth drivers, and
vendor analysis. The study includes insights on market segmentation by
products (microphones, pro speakers, audio/sound mixer, audio signal
processor, power amplifiers, others), formats (digital and analog),
distribution channels (online and retail), and end-users (large venues
and events, corporates, educational institutes, government and military,
and others).
With an intensifying competitive market, the corporate sector and
institutional workplaces are increasingly adopting equipment such as Pro
AV solutions to smoothen the flow of work activities.
The usage of sound reinforcement systems across educational institutes
has witnessed considerable transformation over the years. Further, the
development of innovative tools and technology to promote e-learning in
classrooms is expected to fuel the growth of these devices in the
educational sector. Having realized the high potential of AV systems,
several vendors are partnering with educational institutes, which is
expected to drive the US sound reinforcement market in coming years.
Market Dynamics
Market Opportunities & Trends
- Growing Convergence of Pro AV and IoT
- Booming Live Music Industry
- Leveraging Industry Trade Events
Strategic Collaborations for Product Designs
Market Growth Restraints
- Government Regulations – FCC Wireless Spectrum Auction
- Technical Difficulties Hampering Adoption of Wireless Microphones
- Acoustical Challenges Related to Pro Speakers
Market Growth Enabler
- Changing Corporate Dynamics
- Increased Adoption Projected by House of Worships
- Demand Driven by Frequent Sporting Events
- Rising Adoption Across Educational Institutes
Prominent Vendors
- Audio-Technica
- Business Overview
- Product Offerings
- Key Strengths
- Key Strategies
- Key Opportunities
- Bose
- HARMAN International
- MUSIC Group (Music Tribe)
- Sennheiser Electronic
- Shure
- Sony
- Yamaha
Other Prominent Vendors
- ADK microphones
- Business Overview
- AEB Industriale (DB TECHNOLOGIES)
- Alcons Audio
- Ansr Audio
- Apex Audio
- Audioprof
- Audio Engineering Associates
- Audix microphones
- Beijing 797 Audio
- Belden
- Beyerdynamic
- Blue Microphones
- Bowers & Wilkins (B&W)
- BOYA
- CAD Audio
- Carlson Audio Systems
- CeltoAcoustique
- Coda Audio
- CORDIAL
- Dynaudio
- d&baudiotechnik/system
- Electro-Voice (EV)
- Extron Electronics
- GTD Audio
- HEDD – Heinz Electrodynamic Designs
- Hz Sound Systems
- inMusic
- Klipsch Audio Technologies
- K-Array
- Lectrosonics
- Legrand
- Lewitt
- Liberty AV
- LOUD Audio
- MIPRO Electronics
- MXL by Marshall Electronics
- Nady Systems
- OUTLINE
- Pan Acoustics
- Powersoft Audio
- PROEL
- Pyle Pro
- Samson Technologies
- sE Electronics
- Southwire Company
- Stewart Audio
- Vivolink
- Zaxcom
Key Market Insights
-
Offers market sizing and growth prospects of the functional US sound
reinforcement market for the forecast period 2019-2024 -
Provides comprehensive insights on the latest industry trends, market
forecast, and growth drivers in the US sound reinforcement market -
Includes a detailed analysis of market growth drivers, challenges, and
investment opportunities -
Delivers a complete overview of market segments and the regional
outlook of the US sound reinforcement market -
Offers an exhaustive summary of the vendor landscape, competitive
analysis, and key market strategies to gain a competitive advantage in
the US sound reinforcement market
For more information about this report visit https://www.researchandmarkets.com/r/vlwt3c
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Audio
Equipment
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Cannabis
Sannabis, Inc. (OTC: USPS) Announces First Shipment of Cannabis Essential Oil from Colombia to U.S. to Fill First Order, as the DEA Re-Classifies Marijuana from Schedule I to Schedule III
Humboldt
Humboldt Seed Company partners with Apollo Green to bring California cannabis genetics to the global marketplace
Apollo Green to distribute Humboldt Seed Company clonal cannabis genetics to Germany, Portugal and Australia
SAN FRANCISCO, April 30, 2024 /PRNewswire/ — Humboldt Seed Company (HSC), California’s leading cannabis seed producer, has announced a partnership with Canadian-based Apollo Green to make eight breeder cuts available to researchers, licensed commercial cultivators and home growers in legal markets worldwide. This first-to-market clonal genetics release is a significant milestone and will expand access to distinctive, high-quality cannabis genetics in both established and emerging global markets including Germany, Portugal and Australia.
The curated, breeder-verified selection includes pioneering triploid genetics, such as OG Triploid and Donutz Triploid alongside the legendary cult classic Blueberry Muffin. Also available are All Gas OG with a THC content of 21% and four high-THC strains in the 30-35% range: Golden Sands, Guzzlerz, Jelly Donutz and Orange Creampop. These selections represent the top .01% from HSC’s extensive California pheno-hunting program.
Exports will begin in May under Apollo Green’s Canadian federal cannabis license. All shipments have Canadian phytosanitary certification, ensuring plants have been inspected, and are clean and free of pests.
“Access for all to quality genetics has been our core focus since the beginning,” said HSC Co-founder and Chief Science Officer, Benjamin Lind. “Our science-based approach to breeding aligns perfectly with Apollo Green’s high standards and we are excited to be able to extend these hand-selected cuts to a wider audience, especially at this pivotal time where we’re seeing positive regulatory changes globally.”
Oisin Tierney, Apollo Green Director of Business Development, said, “California has long been recognized for setting industry standards, and we are proud to play a role in bringing these esteemed genetics to cultivators worldwide. The triploids are especially noteworthy in terms of the unprecedented potential for enhanced plant vigor, higher yields, shorter flowering times and superior returns for solventless extraction.”
About Humboldt Seed Company
Established in 2001, Humboldt Seed Company is a Northern California heritage brand providing quality cannabis genetics to commercial cultivators and home growers in legalized states across the U.S. and international markets including Spain, Canada, Jamaica, South Africa, Colombia, France, Portugal, Greece, the UK, Malta and Thailand. With a focus on environmental and social justice, they combine traditional breeding and modern scientific practices in their strain development program. They have served the cannabis community for over two decades.
For more information visit https://humboldtseedcompany.com/.
About Apollo Green
Licensed since 2019, Apollo Green is Canada’s leader in cannabis genetics. The company’s mission is to provide an ever-growing bank of seeds and clones to medical patients and recreational consumers. Apollo Green provides clean, trusted cannabis seeds and clones, which are backed by the foremost tissue culture technology to reduce risks, costs and time-to-market for licensed producers around the world. Apollo Green is passionate about cannabis genetics.
For more information visit https://apollogreen.com/.
Media contact
Jaana Prall
[email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/humboldt-seed-company-partners-with-apollo-green-to-bring-california-cannabis-genetics-to-the-global-marketplace-302131618.html
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