Market Share of Professional Speaker Industry
The wireless speaker market is moderately fragmented, as changing consumer demands are pushing companies to innovate in the space to attract more consumers. The competition in this market has intensified over the years, with companies launching a multitude of products to attract consumers. Some of the key players in the market are Harman International Industries, Bose Corporation, etc.
- In May 2019, Sony Corporation launched new high power party speakers with four new models, MHC-V82D, MHC-V72D, MHC-V42D, and MHC-V02. MHC-V82D and MHC-V72D boast of 360-degree surround sound feature which is capable of filling large party spaces, providing a fully encapsulating the party experience. Each speaker is engineered with rear tweeters, angled speakers, and a spread sound generator.
- In June 2019, Yamaha upgraded the DXR range of active PA speakers for touring and live music applications. The MkII range comes in the same sizes as the original DXR family. It features a new 1.75-inch neodymium compression driver for improved HF response and output. The maximum output extends up from 130dB SPL for the DXR8 MkII to 134dB for the new DXR15.
Professional Speaker Market Leaders
Bose Corporation
Harman International (Samsung)
D&B Audiotechnik
Yamaha Corporation
K-Array
*Disclaimer: Major Players sorted in no particular order
