[Ranking] TOP 25 Audio Equipment / Entertainment Companies Q3/2023

Intro

The audio equipment industry plays a critical role in the worldwide economy, providing essential tools for entertainment and communication. With the increasing demand for high-quality sound experiences in various sectors, this industry has experienced a significant boom in recent years.

Not only does the audio equipment industry contribute to the entertainment sector, but its influence also ripples across diverse industries. From live events and concerts to film production and broadcasting, audio equipment is an integral part of creating immersive experiences. Additionally, the industry supports the growth of the gaming, virtual reality, and augmented reality sectors, enhancing user engagement and immersion.

In terms of economic magnitude, the audio equipment industry has been on an upward trajectory. The global market size for audio equipment is projected to reach billions of dollars in the coming years, driven by advancements in technology and increasing demand for audio solutions. This growth presents opportunities for both established companies and emerging players in the industry.

Recent trends in the audio equipment industry include the rise of wireless and portable audio devices, the integration of artificial intelligence and voice control, and the adoption of immersive audio technologies such as Dolby Atmos. Breakthroughs in audio engineering and design have resulted in more compact, powerful, and versatile audio equipment, revolutionizing the way we experience sound.

The audio equipment industry operates in an ever-changing landscape, with new technologies, consumer preferences, and market dynamics constantly shaping its direction. As companies strive to stay ahead in this competitive industry, innovation and adaptability are crucial. In this article, we will explore some of the top companies in the audio equipment sub-industry, highlighting their contributions to the industry and the unique offerings that set them apart.

Ranking

#25 V-MODA

V-MODA

Employees: 0.1K

Revenue: 10M$

Website: https://www.v-moda.com/

Description: V-MODA, headquartered in Los Angeles, United States, is a leading company in the Audio Equipment industry. Founded in 2004, V-MODA specializes in manufacturing high-quality headphones, earphones, and audio accessories that cater to the needs of music enthusiasts and professional musicians. With a dedicated focus on delivering exceptional sound quality, durability, and stylish design, V-MODA has gained a strong reputation in the industry. The company's products are known for their immersive audio experience, innovative features, and customizable options. With a team of approximately 100 employees, V-MODA generates an estimated annual revenue of 10 million dollars.

#24 Ultimate Ears

Ultimate Ears

Employees: 0.5K

Revenue: 50M$

Website: https://www.ultimateears.com

Description: Ultimate Ears is a leading audio equipment company in the entertainment industry. With its headquarters in Irvine, United States, the company has been providing top-quality audio products since its founding in 1995. Ultimate Ears specializes in manufacturing high-performance earphones, headphones, and wireless speakers that deliver immersive sound experiences. The company's innovative audio technology and stylish designs have made it a popular choice among musicians, audio professionals, and music enthusiasts worldwide. With a dedicated team of 500 employees, Ultimate Ears continues to push the boundaries of audio engineering and deliver exceptional audio products that enhance the entertainment experience for its customers. With an annual revenue of 50 million dollars, Ultimate Ears has established itself as a key player in the audio equipment market.

#23 Grado

Grado

Employees: 0.5K

Revenue: 50M$

Website: https://www.gradolabs.com

Description: Grado, headquartered in Brooklyn, United States, is a prominent player in the audio equipment industry. Founded in 1953, the company has established a strong reputation for producing high-quality headphones and turntables. With around 500 employees, Grado has consistently delivered innovative audio products that cater to the needs of music enthusiasts, professionals, and audiophiles. The company's revenue stands at approximately 50 million dollars, reflecting its success in the competitive market. Grado continues to be a trusted name in the industry, known for its commitment to exceptional sound quality and craftsmanship.

#22 Beyerdynamic

Beyerdynamic

Employees: 1K

Revenue: 100M$

Website: https://www.beyerdynamic.com/

Description: Beyerdynamic, headquartered in Heilbronn, Germany, is a leading company in the Audio Equipment industry. Founded in 1924, the company has a rich history of producing high-quality audio products. With approximately 1,000 employees, Beyerdynamic is dedicated to designing and manufacturing a wide range of audio solutions, including headphones, microphones, conference systems, and wireless audio products. The company's commitment to innovation and superior sound quality has earned it a strong reputation among professionals and audio enthusiasts worldwide. Beyerdynamic continues to thrive in the Entertainment industry, delivering cutting-edge audio technology and exceptional listening experiences.

#21 AKG

AKG

Employees: 1K

Revenue: 100M$

Website: https://www.akg.com/

Description: AKG, headquartered in Vienna, Austria, is a leading player in the audio equipment industry within the Entertainment sector. Founded in 1947, the company has established itself as a reputable manufacturer of professional audio products, including microphones, headphones, and wireless systems. With a workforce of approximately 1,000 employees, AKG delivers innovative audio solutions to cater to the needs of professionals in recording studios, live sound, broadcast, and theater. The company's products are renowned for their exceptional sound quality, durability, and reliability. AKG's commitment to technological advancements and its dedication to meeting the demands of the entertainment industry have positioned it as a trusted brand among professionals and audio enthusiasts worldwide.

#20 Turtle Beach

Turtle Beach

Employees: 1.5K

Revenue: 150M$

Website: https://www.turtlebeach.com

Description: Turtle Beach, headquartered in San Diego, United States, is a leading player in the Audio Equipment industry within the Entertainment sector. The company was founded in 1975 and currently employs approximately 1,500 people. With a revenue of around 150 million US dollars, Turtle Beach specializes in designing and manufacturing high-quality audio equipment such as gaming headsets, keyboards, mice, and other accessories for the gaming community. They are known for their innovative technology, superior sound quality, and comfortable designs that enhance the gaming experience. Turtle Beach products are widely used by professional gamers, esports teams, and gaming enthusiasts around the world. Through their website and various retail channels, Turtle Beach continues to provide top-notch audio solutions that cater to the evolving needs of the gaming industry.

#19 Focal

Focal

Employees: 1K

Revenue: 200M$

Website: https://www.focal.com

Description: Focal is a leading company in the Audio Equipment industry, specializing in the design and manufacturing of high-fidelity speakers, headphones, and professional audio equipment. Headquartered in Saint-√Čtienne, France, Focal has been delivering exceptional sound experiences since its founding in 1979. With a team of approximately 1,000 employees, the company combines innovative technologies and precise craftsmanship to create products that cater to the needs of audiophiles and music professionals alike. Focal's revenue stands at around 200 million dollars, driven by its commitment to producing superior audio equipment that delivers immersive and accurate sound reproduction. Through their website, customers can explore Focal's extensive range of products and immerse themselves in the world of high-quality audio.

#18 Marshall

Marshall

Employees: 1.2K

Revenue: 200M$

Website: https://www.marshall.com

Description: Marshall is a renowned audio equipment company headquartered in London, United Kingdom. Founded in 1962, the company has established itself as a prominent player in the entertainment industry, specifically in the field of audio equipment. With a workforce of approximately 1.2 thousand employees, Marshall is dedicated to designing, manufacturing, and distributing high-quality audio products for musicians, audiophiles, and professionals worldwide. The company's revenue is estimated to be around 200 million dollars, reflecting its strong presence and success in the market. Marshall's commitment to innovation, craftsmanship, and iconic design has made it a trusted brand among musicians and audio enthusiasts, ensuring a memorable and immersive audio experience.

#17 Klipsch

Klipsch

Employees: 1.5K

Revenue: 300M$

Website: https://www.klipsch.com

Description: Klipsch, headquartered in Indianapolis, United States, is a prominent player in the Audio Equipment industry. With a history dating back to 1946, the company has established itself as a leading manufacturer of high-quality audio products. Klipsch specializes in designing and producing innovative speakers, headphones, and other audio solutions that deliver immersive and superior sound experiences. With a dedicated team of approximately 1,500 employees, Klipsch continues to push the boundaries of audio technology, catering to both consumer and professional markets. The company's annual revenue is estimated to be around 300 million dollars, showcasing its strong presence and success in the industry.

#16 Audio-Technica

Audio-Technica

Employees: 2K

Revenue: 300M$

Website: https://www.audio-technica.com/

Description: Audio-Technica is a leading company in the audio equipment industry. With its headquarters in Stow, United States, the company has been serving the entertainment sector since its establishment in 1962. With a workforce of around 2,000 employees, Audio-Technica manufactures and sells a wide range of audio products including microphones, headphones, wireless systems, and professional audio equipment. The company has gained a strong reputation for its high-quality products and innovative technology, catering to the needs of professional musicians, sound engineers, broadcasters, and consumers alike. Audio-Technica has achieved significant success in the industry, generating an estimated annual revenue of 300 million dollars. Through its commitment to excellence and customer satisfaction, Audio-Technica continues to be a trusted name in the audio equipment market.

#15 Bowers & Wilkins

Bowers & Wilkins

Employees: 1.5K

Revenue: 400M$

Website: https://www.bowerswilkins.com/

Description: Bowers & Wilkins, headquartered in Worthing, United Kingdom, is a prominent player in the Audio Equipment industry. Since its establishment in 1966, the company has been dedicated to providing high-quality audio products. With a workforce of approximately 1.5 thousand employees, Bowers & Wilkins has successfully positioned itself as a leading manufacturer of premium speakers, headphones, and other audio accessories. The company's revenue stands at around 400 million dollars, reflecting its strong presence in the market. Bowers & Wilkins continues to innovate and deliver exceptional audio experiences to its customers worldwide.

#14 Plantronics

Plantronics

Employees: 1.5K

Revenue: 450M$

Website: https://www.plantronics.com

Description: Plantronics, headquartered in Santa Cruz, United States, is a leading player in the Audio Equipment industry within the Entertainment sector. With a history dating back to 1961, the company has established itself as a trusted provider of innovative audio solutions. Plantronics employs approximately 1,500 professionals who are dedicated to designing, manufacturing, and distributing high-quality audio equipment. The company generates an impressive revenue of 450 million dollars, showcasing its strong presence in the market. Plantronics continues to be a key player in the industry, offering a wide range of audio devices that cater to the needs of consumers, businesses, and professionals alike.

#13 Denon

Coming Soon

Employees: 3K

Revenue: 500M$

Website: https://www.denon.com

Description: Denon, a prominent player in the Audio Equipment industry, is headquartered in Mahwah, United States. Founded in 1910, Denon has established itself as a leading provider of high-quality audio products. With a workforce of approximately 3,000 employees, Denon has been consistently delivering innovative and cutting-edge audio solutions to customers worldwide. The company has achieved significant revenue growth, with an estimated annual revenue of 500 million dollars. Denon's commitment to delivering exceptional audio experiences has made it a preferred choice among audiophiles and professionals in the entertainment industry.

#12 Bang & Olufsen

Bang & Olufsen

Employees: 1K

Revenue: 500M$

Website: https://www.bang-olufsen.com/

Description: Bang & Olufsen, headquartered in Struer, Denmark, is a leading company in the Audio Equipment industry. Founded in 1925, the company has established itself as a pioneer in high-end audio and visual products. With a team of around 1,000 employees, Bang & Olufsen is renowned for its innovative designs, superior sound quality, and cutting-edge technology. The company offers a wide range of audio equipment, including speakers, headphones, televisions, and sound systems, catering to both residential and commercial customers. With an annual revenue of approximately 500 million dollars, Bang & Olufsen continues to deliver premium audio experiences to its global customer base.

#11 Sennheiser

Sennheiser

Employees: 2.7K

Revenue: 500M$

Website: https://en-us.sennheiser.com/

Description: Sennheiser, headquartered in Wedemark, Germany, is a leading company in the audio equipment industry. Founded in 1945, the company has established itself as a trusted name in providing high-quality audio solutions for various applications. With a workforce of approximately 2.7 thousand employees, Sennheiser continues to innovate and deliver cutting-edge audio products. The company's revenue stands at around 500 million dollars, reflecting its strong presence in the market. Sennheiser's commitment to excellence and its focus on delivering superior sound experiences have made it a preferred choice among professionals and audiophiles worldwide.

#10 Jabra

Jabra

Employees: 1.5K

Revenue: 500M$

Website: https://www.jabra.com/

Description: Jabra, headquartered in Copenhagen, Denmark, is a leading player in the Audio Equipment industry within the Entertainment sector. Founded in 1983, the company has established itself as a trusted manufacturer of high-quality audio devices. With a workforce of approximately 1,500 employees, Jabra continues to innovate and offer a wide range of audio solutions including headphones, earbuds, and speakerphones. The company's revenue stands at around 500 million dollars, reflecting its strong presence in the market. Jabra's commitment to delivering exceptional sound quality and cutting-edge technology has made it a popular choice among professionals and consumers alike.

#9 Pioneer

Pioneer

Employees: 1.5K

Revenue: 800M$

Website: https://www.pioneerelectronics.com/

Description: Pioneer is a leading pioneer in the audio equipment industry, specializing in the design, manufacture, and distribution of high-quality audio products. Based in Long Beach, United States, Pioneer has been at the forefront of innovation since its founding in 1938. With a dedicated team of 1.5K employees, the company has established itself as a trusted brand in the entertainment industry. Pioneer's extensive range of audio equipment includes speakers, headphones, amplifiers, and car audio systems, among others. The company's commitment to delivering exceptional sound quality and cutting-edge technology has garnered a loyal customer base worldwide. With an annual revenue of 800M$, Pioneer continues to push boundaries and set new standards in the audio equipment market.

#8 Shure

Shure

Employees: 4K

Revenue: 1B$

Website: https://www.shure.com/

Description: Shure, headquartered in Niles, United States, is a leading company in the Audio Equipment industry. Founded in 1925, Shure has been at the forefront of providing top-quality audio products for the entertainment industry. With a workforce of approximately 4,000 employees, the company has established itself as a reliable and innovative player in the market. Shure's revenue of 1 billion dollars showcases its success in meeting the audio needs of professionals and consumers alike. Through their website, https://www.shure.com/, customers can explore a wide range of high-performance microphones, wireless systems, earphones, and other audio accessories, reinforcing Shure's position as a trusted brand in the entertainment industry.

#7 JBL

JBL

Employees: 5K

Revenue: 1.2B$

Website: https://www.jbl.com/

Description: JBL, headquartered in Los Angeles, United States, is a leading player in the Audio Equipment industry under the parent industry of Entertainment. Established in 1946, the company has grown to become a prominent name in the market. With a workforce of approximately 5,000 employees, JBL focuses on manufacturing and distributing high-quality audio equipment including headphones, speakers, and professional sound systems. The company's commitment to innovation and cutting-edge technology has earned them a loyal customer base. JBL generates an impressive revenue of 1.2 billion dollars, solidifying their position as a key player in the audio equipment market.

#6 Bose

Bose

Employees: 5K

Revenue: 1.5B$

Website: https://www.bose.com

Description: Bose, headquartered in Framingham, United States, is a leading player in the Audio Equipment industry within the Entertainment sector. The company was founded in 1964 and currently employs around 5,000 individuals. With a revenue of approximately 1.5 billion US dollars, Bose has established itself as a prominent manufacturer and marketer of high-quality audio products. They offer a wide range of audio equipment including speakers, headphones, home theater systems, and professional audio solutions. Bose is known for its cutting-edge technology and innovation, delivering immersive sound experiences to consumers worldwide. Their products are widely used in both personal and professional settings, catering to the needs of music enthusiasts, gamers, audiophiles, and professionals in various industries.

#5 Beats Electronics

Beats Electronics

Employees: 1.5K

Revenue: 2B$

Website: https://www.beatsbydre.com/

Description: Beats Electronics, headquartered in Santa Monica, United States, is a prominent player in the Audio Equipment industry. Founded in 2006, the company has approximately 1,500 employees. With a revenue of 2 billion dollars, Beats Electronics has established itself as a leading brand in the entertainment sector, specializing in high-quality audio products. Their range includes headphones, earphones, and speakers that deliver exceptional sound and innovative features. Beats Electronics has gained popularity among music enthusiasts, professionals, and celebrities alike, offering a premium audio experience coupled with sleek design. Through strategic partnerships and collaborations, the company continues to expand its market presence and influence in the entertainment industry.

#4 Yamaha

Yamaha

Employees: 21K

Revenue: 4.3B$

Website: https://www.yamaha.com/

Description: Yamaha is a leading player in the audio equipment industry, operating in the Entertainment sector. Headquartered in Hamamatsu, Japan, the company has a rich history dating back to its founding in 1887. With a workforce of approximately 21,000 employees, Yamaha has established itself as a prominent manufacturer of audio equipment, catering to a wide range of consumer and professional needs. The company's revenue stands at an impressive 4.3 billion US dollars, reflecting its strong presence and success in the market. Yamaha's commitment to innovation and quality has solidified its reputation as a trusted brand, offering reliable and cutting-edge audio solutions for various entertainment applications.

#3 Harman International

Harman International

Employees: 30K

Revenue: 6B$

Website: https://www.harman.com/

Description: Harman International, headquartered in Stamford, United States, is a key player in the Audio Equipment industry. With a rich history dating back to 1980, the company has established itself as a leading provider of audio and infotainment solutions. Harman International offers a wide range of products including audio systems, loudspeakers, headphones, and connected car systems. Their innovative technologies and high-quality products have gained them a strong reputation in the market. With a workforce of approximately 30,000 employees, the company continues to drive innovation and deliver exceptional audio experiences to consumers worldwide. In 2020, Harman International reported a revenue of 6 billion US dollars, further solidifying its position as a major player in the industry.

#2 Philips

Philips

Employees: 77K

Revenue: 19.5B$

Website: https://www.philips.com

Description: Philips, headquartered in Amsterdam, Netherlands, is a leading player in the Audio Equipment industry. With a rich history dating back to 1891, the company has established itself as a prominent manufacturer and supplier of high-quality audio devices. Philips offers a wide range of audio equipment including headphones, earphones, speakers, soundbars, and audio accessories. The company's commitment to innovation and cutting-edge technology is evident in its products, which deliver exceptional sound quality and user experience. With a workforce of approximately 77,000 employees, Philips continues to push the boundaries of audio technology, catering to the entertainment needs of consumers worldwide. In 2020, the company reported a revenue of 19.5 billion dollars, solidifying its position as a key player in the industry.

#1 Sony

Sony

Employees: 110K

Revenue: 78B$

Website: https://www.sony.com

Description: Sony, headquartered in Tokyo, Japan, is a leading player in the Audio Equipment industry. Founded in 1946, Sony has established itself as a pioneer in audio technology, offering a wide range of high-quality audio products. With a workforce of approximately 110,000 employees, Sony continues to innovate and deliver exceptional audio experiences to its customers. The company's revenue stands at an impressive 78 billion dollars, highlighting its strong market presence and financial performance. Sony's commitment to excellence and cutting-edge technology has made it a trusted brand for audio enthusiasts worldwide.

Summary

The analysis of the Audio Equipment sub-industry in the Entertainment sector has revealed some interesting findings. In terms of rankings, the top companies in this sub-industry include industry giants such as Bose, Sony, and Sennheiser. These companies have achieved significant accomplishments by consistently delivering high-quality audio equipment to consumers around the world.

One unexpected finding is the growing popularity of wireless audio equipment. As technology advances, more consumers are opting for wireless headphones, speakers, and soundbars. This trend has created new opportunities for companies in the Audio Equipment sub-industry to innovate and develop cutting-edge wireless audio solutions.

Bose, one of the premier companies in the Audio Equipment sub-industry, has established itself as a leader in the market. Known for its premium audio products, Bose has a strong brand reputation and a loyal customer base. Sony, another prominent player, has a diverse range of audio equipment offerings, including headphones, speakers, and home theater systems. Sennheiser, on the other hand, is renowned for its high-end headphones and professional audio equipment.

One common element that drives the prosperity of these leading firms is their commitment to research and development. These companies invest heavily in innovation and continuously strive to improve the audio quality and user experience of their products. Additionally, they focus on understanding consumer preferences and market trends to stay ahead of the competition.

What sets these eminent companies apart from their industry rivals is their dedication to delivering exceptional audio performance. Whether it's creating immersive soundscapes with surround sound systems or producing crystal-clear audio with noise-canceling headphones, these companies prioritize audio excellence. They also prioritize design and aesthetics, ensuring that their products not only sound great but also look stylish and modern.