Market Share of Microphone Industry
The Microphone Market is highly competitive owing to multiple vendors providing memory to the domestic and international markets. The market appears to be moderately fragmented, with the significant vendors adopting strategies for mergers and acquisitions and strategic partnerships, among others, to expand their reach and stay competitive in the market. Some major players in the market are Georg Neumann GmbH, Knowles Corporation, Robert Bosch, and Omron Corporation, among others. Some of the recent developments in the market are:
January 2022 - Tesla launched a new product: a microphone called 'TeslaMic' designed for its in-car karaoke system. The company released the microphone designed to work with LeishiKTV, a karaoke system that is being included as part of the software update for the cars. Such developments are expected to boost the adoption of microphones as the automotive industry is bouncing back to its initial forecasted figures after the pandemic.
August 2021 - HARMAN Professional Solutions launched a new JBL Commercial CSSM100 studio condenser microphone in India that is available through e-commerce platforms. This studio microphone is a one-size-fits for all solutions, be it for professionals, prosumers, or amateurs.
Microphone Market Leaders
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Georg Neumann GmbH
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Knowles Corporation
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Robert Bosch GmbH
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Omron Corporation
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Audio-Technica Corporation
*Disclaimer: Major Players sorted in no particular order
