The global portable PA systems market is projected to reach $2,812.5 million by the end of 2028 from $1,637.4 million in 2018 at a CAGR of 12.7% during the forecast period (2018-2028). The growth will be driven by factors such as increasing demand for mobile applications and better sound quality with the latest technologies that are being introduced in these devices.
Portable PA systems are sound amplification devices that can be easily carried and used for various purposes like school assemblies, concerts, house parties, or outdoor festivals. The portable PA system is a bit different from the traditional ones because it uses batteries instead of electricity to power the equipment. These devices also have a built-in microphone and speaker that can be used to amplify the voice of an individual, for example in a speech or presentation. They are lightweight, easy to set up, and require very little space.
On the basis of type, the global portable PA systems market is segmented into Bluetooth, USB, and others.
A Bluetooth portable PA system has an amplifier or power source, microphone, speakers, and battery. Generally, these are small in size but powerful enough for indoor use like conferences or meetings. A typical Bluetooth speaker amplifies sound from mobile phones as well as MP players by connecting it via Bluetooth.
A USB PA System can be used for amplification of speeches, presentations, and other audio content. It has an amplifier or power source, microphone, speakers, and battery. These are typically small in size but powerful enough to amplify sound indoors like conference rooms or meetings. The system connects with the help of a computer by just plugging it into one port on the back panel where data is transferred between the two devices via cables that are provided in the package.
On the basis of application, the global portable PA systems market is segmented into indoor and outdoor.
One of the major applications for portable PA systems is in indoor settings. They are used at sporting events, concerts, and other live performances to amplify sound from instruments or vocals when they need to be heard over a large venue. Portable PA systems can also be useful during outdoor activities such as parades or demonstrations where there may not always be access to power sources.
In these cases, it's important that they are lightweight and easy to transport so users don't have an extra burden carrying them around while still being durable enough for long-term use without breaking down. There are many different types available depending on what you're looking for including some specifically designed with acoustic guitars or brass instruments in mind.
The outdoor application includes events like music concerts or street demonstrations that require an audio amplification system that can be carried from one place to another. The indoor applications include conferences, meetings, seminars as well as MP players by connecting it via Bluetooth. People can use them in a wide range of activities like sports marketing, corporate seminars or trade shows etcetera.
On the basis of region, the global portable PA systems market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
In 2017, North America accounted for the highest revenue share in the global portable PA systems market. The growth can be attributed mainly due to high awareness among people about these devices as they are easy to use and transportable that enables users to connect their Bluetooth-enabled device with this system so it could play songs or videos wirelessly through its speakers like MP players play without any hassle. This has increased demand for such products in major countries across the North Americas region including Canada (XX%), Mexico (X%), and the US (%).
In 2017, Europe accounted for the second-highest revenue share in the global portable PA systems market. The growth can be attributed mainly due to increased demand from emerging economies across Europe like Ireland (X%), France (XX%), and Germany (%).
The Asia Pacific region is expected to grow at a CAGR of XX% during 2018-2028 with China leading this regional segment with XX%. This high growth rate is primarily because of an increasing number of small businesses and their need for such devices that help them reach out to more customers in remote areas without any hassle. Countries including India, Indonesia, Japan, Malaysia, and Singapore are also among countries witnessing strong growth rates as they have witnessed rising demand from construction industry players who require these products for advertising purposes.
-Industrial and commercial construction projects, which require a sound system that is transportable.
-Increase in automation of machines requiring voice prompts on site. Consequently, there will be an increase in the demand for portable PA systems.
-The growth of live streaming video services on social media platforms, such as Facebook and YouTube will result in an increase of events requiring a sound system that is transportable.
-Increase in concerts due to rising popularity of music festivals globally.
Up Market Research published a new report titled “Portable PA Systems Market research report which is segmented by Types (Bluetooth, USB, Other), By Applications (Indoor, Outdoor), By Players/Companies Bose, JBL, STARAUDIO, Pyle, Alphasonik, HW HAOWORKS, Monoprice, Peavey, TONOR, PRORECK, Procraft, Yamaha, Anchor Audio, RCF, Galaxy”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Portable PA Systems Market Research Report|
|By Type||Bluetooth, USB, Other|
|By Application||Indoor, Outdoor|
|By Companies||Bose, JBL, STARAUDIO, Pyle, Alphasonik, HW HAOWORKS, Monoprice, Peavey, TONOR, PRORECK, Procraft, Yamaha, Anchor Audio, RCF, Galaxy|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||240|
|Number of Tables & Figures||168|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Bluetooth, USB, Other and By Application Indoor, Outdoor.
Some of the companies that are profiled in this report are:
Portable PA Systems Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Portable PA Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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