Audio Equipment Market Share

Statistics for the 2023 & 2024 Audio Equipment market share, created by Mordor Intelligence™ Industry Reports. Audio Equipment share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Audio Equipment Industry

The audio equipment market is highly fragmented as changing consumer demands are driving companies to innovate in the space to attract more consumers. The rivalry in this market has intensified over the years, with companies launching many products to attract consumers. Key players are Yamaha Corporation, Alpine Electronics, and Allen & Heath.

  • March 2023:Rode has announced introducing of a new Rode Wireless ME System, a compact wireless microphone system designed to give professional audio for video with minimal effort. This microphone is compatible with cameras, computers, and smartphones.
  • January 2023: Harman International announced its new partnership with Metra Electronics to enable the pairing of Infinity Kappa perfect Powersports speakers and amplifiers with Meta Electronic's saddle tramp DSP processor system integration and installation equipment for the Harley Davidson motorcycle market. The new Infinity Kappa Perfect PowerSportsamplifier is a high-performance multi-environment amplifier designed to meet the needs of installations with limited space requirements and withstand harsh environments. It features Molex connectors for mounting to the Saddle Tramp DSP and a small footprint that fits easily into tight fairings.

Audio Equipment Market Leaders

  1. Yamaha Corporation

  2. Alpine Electronics

  3. Allen & Heath

  4. Kenwood Corporation

  5. Behringer

*Disclaimer: Major Players sorted in no particular order

Audio Equipment Market Concentration

Audio Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)