Global Waterproof Portable Speaker Market 2021-2026

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    GLOBAL WATERPROOF PORTABLE SPEAKER MARKET

     

    INTRODUCTION

    Speakers operate by moving a mass of air in such a way that it creates audible sound. Typically, speakers convert electrical impulses into sound. All speakers are either passive or powered. Most speakers that are commercially available are passive. Waterproof speakers are involved in enhancing this capability to operate within varied water based environmental conditions.

     

    Waterproof Bluetooth speakers are portable speakers that receive audio signals using frequency instead of over audio cables. Waterproof Bluetooth speakers enable wireless audio streaming properties with waterproof functionality.

     

    Being waterproof makes it remain unaffected by water or any liquid. Waterproof Bluetooth speakers are composed of the main speaker unit including a loudspeaker with a radio frequency receiver with a radio frequency transmitter unit which is further connected to an output device.

     

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    Rising penetration of the IoT technology is expected to propel the worldwide smart speaker market growth over the forecast timespan. A variety of smart electronic devices is increasingly keeping users connected to the internet and the network of connected devices in addition to smartphones. These Technologies can be kept safe and intact when waterproof based technologies are brought into existence.

     

    Waterproof portable speakers are made specifically to stand up to elements of water-based environment, which makes the usage of special material science-based elements to make them waterproof. If waterproof speakers are exposed to humidity, steam, rain, or sprinklers they should be fine. Keeping them sheltered will help them last longer, though.

     

    Due to the need to withstand exposure to water, rain, sun, snow and other extreme conditions, weatherproof speakers are manufactured with special parts and materials. They are also subjected to rigorous testing which makes the frames and grilling’s within the portable speakers to be made of stainless steel, aluminium, or brass.

     

    Waterproof speakers need tough casings to protect their sensitive internal components from the elements of water. A polypropylene finish, resistant to rough handling and inclement weather, protects speaker cabinets. The cabinetry is also sealed with a watertight Teflon finish.

     

    WATERPROOF PORTABLE SPEAKER MARKET DYNAMICS

    The increasing popularity of waterproof speakers among individuals due to rising awareness about various features associated with waterproof speakers such as durable, portable, style, long-range connectivity, smartphone app-enabled, great audio quality, and others.

     

    This is another factor projected to boost growth of the global market during the forecast period. In addition, rising penetration of waterproof speakers on various e-commerce portals and growing demand for wireless waterproof speakers among individuals for commercial use or home, travel, and other use.

     

    The rapid adoption of portable waterproof speakers with various connectivity options such as Wi-Fi and Bluetooth across the globe is the primary factor driving revenue growth of the portable waterproof speaker categorization of the Speakers manufacturing industry.

     

    Bluetooth speaker technology is gradually valued and accepted by consumers because of its convenience and humanity. The common Bluetooth speakers on the market are mostly mono-channel speakers (mono-speaker units), but at the same time, some excellent multi channel speakers (two or more speaker units) have emerged. Some products have added infrared induction and sound control technology.

     

    According to the design requirements, the ultimate goal of the portable Bluetooth speaker function is to enable users to use the speaker conveniently in a state of harmony with the environment. Before generating the concept of function, functional analysis is carried out, that is, the design of ordinary portable speakers were studied and analysed. These were implemented as part of a remedial plan to be found and implemented to adhere through the requirements of additional water proofing of speaker systems.

     

    Most of the speakers comes with four tweeters, two mid/sub drivers, and two passive radiators with an IP67 rating, the speakers offer 360-degree sound with 8 symmetrically placed drivers which means that the speakers are capable to produce clear highs, midrange punches, and deep, bellowing lows. The brands also challenge to test their product by submerging them it in 3 feet of water for up to 30 minutes and some speakers also float so it can be used it right in the water.

     

    Speakers comes with a built-in noise-cancelling microphone, so that a user can have an experience to enjoy hands-free phone calls. Apart from these some cool features include built-in portable power bank which will quickly charge your smartphone and any other USB device.

     

    The speakers also come with a long battery life with a single charge. 

     

    WATERPROOF PORTABLE SPEAKER MARKET SEGMENTATION

     

    The Global Market of Waterproof Portable Speakers can be segmented into following categories for further analysis.

     

    By Integrated Technology

    • Acoustic Technology
    • Speaker Fabric Technology
    • Speaker Driver Technology
    • Waterproofing Coat Technology

     

    By Connectivity Platforms

    • Bluetooth Connectivity
    • Wi Fi Connectivity
    • Near Field Communication Connectivity
    • Digital Living Network Alliance Connectivity
    • Airplay Connectivity

     

    By Electric Requirements

    • AC based
    • AC and DC based
    • DC based

     

    By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN WATERPROOF PORTABLE SPEAKERS

    More and more people are becoming interested in playing computer games, and the gaming industry is growing bigger. People who are playing computer games can spend hours per day on their hobbies. The hobby of playing computer games can be a lifestyle, a pastime, or a way to socialize with friends.

     

    NFC Speakers have been part of the latest technological trends in the Waterproof Speaker Sector within the Main Sector speakers manufacturing. NFC stands for “Near Field Communication” and, as the name implies, it enables short-range communication between compatible devices. This requires at least one transmitting device, and another to receive the signal. A range of devices can use the NFC standard and will be considered either passive or active.

     

    The basic trend towards NFC is to enable compact and direct levels of transmission between the Mobile handset and the waterproof speakers. This places an importance in terms of its signal capability within the ranging area. Most of the recent trends which are to be integrated within NFC based speakers includes usage of Passive NFC devices of tags, and other small transmitters, that can send information to other NFC devices without the need for a power source of their own.

     

    The next emerging technology is connectivity based upon wireless fidelity or Wi Fi technology. This forms to be of essential requirement within the devices which are to be operated on longer distances in comparison with NFC based operations. It stands to be essential for Wi-Fi integration as Wi-Fi speakers only rely on the strength of the Wi-Fi signal and can be controlled by most smart devices that are on the same network. Wi-Fi speakers connect to one main system, which allows multiple speakers to be connected to play music all over the house.

     

    This makes the Wi Fi based connectivity be much enhanced in terms of its smart automation presence. Smart devices control the speakers, but the music is sent from your music collection or streamed from the internet. This means that phone calls or other applications would not interrupt your music playing. This has been a groundbreakingly technology in control of interferences within the playtime statics of Speakers.

     

    Bluetooth has been a continuously evolving technology within the Portable Speaker system technologies of the global scenario. The Increasing advancements within the Bluetooth requirements alongside version improvisations has brought upon its importance. But still the technological trend is being monitored to induce the compression requirements of Bluetooth playback.

     

    Bluetooth compresses the data more than Wi-Fi speakers. Though Bluetooth has a high definition (HD) version, only some devices support this new technology.

     

    JBL has launched the new editions of its popular Bluetooth speakers’ Boombox 2, Go 3, and Clip 4 in India. The JBL Go 3 features a compact form factor. It is easier to carry in a purse as it is pretty lightweight. Despite its small size, it comes with great sound and a long-lasting battery.

     

    Fugoo Style XL by Boat portable rugged waterproof wireless Bluetooth Speaker offers 360-degree sound with 8 symmetrically placed drivers.

     

    Sony XB40 Portable Wireless Speaker features dual passive radiators which work together in the device with two full-range speakers to enhance the low-end response.

     

     Braven BRV-X portable wireless Bluetooth speaker is designed for outdoor and boating enthusiasts. This speaker comes with a built-in noise-cancelling microphone and is also shock absorbent with rubber exterior. 

     

     Bose SoundLink Revolve+ is Bose’s best-performing portable speaker. This incredible speaker delivers loud, deep, extraordinary sound with true 360-degree coverage, it is water-resistant with a rating of IPX4 and also responds to voice commands, so you can easily take phone calls hands-free or use Siri or Google Now.

     

     

    COVID IMPACT ON GLOBAL WATERPROOF PORTABLE SPEAKER MARKET

    The COVID-19 had a significant impact on the market. The decline in outdoor activities has severely impacted the waterproof speaker market. It is anticipated to continue to have an effect for the first two quarters of the year following it, as the supply chain has experienced a considerable disruption owing to the COVID-19 being declared as a pandemic.

     

    Asian countries such as China, India, South Korea, Taiwan, and Japan, who have a significant presence of manufacturers of the raw materials used in wireless speakers manufacturing, have experienced lockdown and disrupted the production schedules. The sales have been down as the lockdown in most of the global economies has been resulted in deliveries limited to essentials and has resulted in companies revising their revenue targets. However, in many countries, the Smart Home segment products witnessed increased demand after the ease of lockdown.

     

    In the lockdown period there was an increase in subscribers for online music and video streaming platforms which has spurred the market growth slightly. With a massive growth in the global music streaming the online streaming platform also experienced an increase driven by customers’ engagement with streaming, particularly paid subscription audio streaming.

     

     

    COMPETITIVE LANDSCAPE

    The Waterproof portable speaker market is on continuous technological  intervention considering its recent realization towards smart automation and technological integration with new connectivity-based peripherals. A major shift is being devised to have better all-round inaudible connectivity within the home as part of automated IoT based control.

     

    Amazon has been part of incorporating continuous versional improvements within its Alexa based Automation systems. This has brought upon the new Echo speakers which have an integration of Alexa Voice Services, a major trending improvisation towards automation within the residential requirements. The technology behind speech recognition of Echo Speakers has developed hugely in recent years. Only a few years ago, speech recognition was very much a laboratory phenomenon, but now it is being extensively used in many areas, including smart speakers.

     

    Qualcomm has made a recent entry into the smart system based portable speaker production wherein it aims to provision the AI and Cloud based services on board. Artificial Intelligence (AI) to enhance and accelerate on-device audio and voice processing. In their most recent platform, the Qualcomm Smart Audio 400 Platform, they had harnessed within the  Qualcomm AI Engine and applied it to improve on specific elements such as the speed and accuracy of wake word detection. This has been integrated in such a manner to have better levels of readability through various systems in water-based environments without any further interference.

     

    The entertainment device manufacturer, JBL has recently released a high-end Ingress Protection rated waterproof portable speaker within the market known as Flip 5. This has a rating of IPX 7 with a high end version Bluetooth capability which conforms to the basic user requirement of best connectivity and protection in terms of water environment usage.

     

    There has been an increased need of provisioning shock proofing of portable speakers which can be used in a water-based environment as part of waterproofing availability. This requirement was brought upon by Sony within its platform of high end multi variable speakers which had all round Shock proofing, Sand and Dust Proofing and WaterProofing capabilities. This had matched the user requirements in recent years leading to one of the most preferable spears in terms of its durability and safety requirements.

     

    This product of Sony i.e. SRS-XB33 has customizable colour line and strobe lights that can sync with the music, app-enabled controls, futureproof USB-C port for replenishing its battery, and a full USB power output for charging other gadgets. It also doubles as a speakerphone. It is considered to be one of the most competitive devices in the sector of portable speaker devices within the speaker industry and market due to its huge alignment towards durability and safety requirements.

     

     

    COMPANIES PROFILED

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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