Demand for smart wearable devices integrated with advanced microphones and the growing use of piezoelectric MEMS microphones in IoT applications fuels expansion

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Global microphone market

Global microphone market

Global microphone market

Dublin, August 4, 2022 (The Globe Newswire) – The Global Microphone Market by Technology (MEMS, Electret), MEMS Type (Analog, Digital), Communication Technology, Applications (Automotive, Consumer Electronics, Industrial, Medical, Noise Monitoring and Sensing), and Geography – Forecast to 2027” Report added to ResearchAndMarkets.com Show.

The global microphone market is expected to grow from $2.3 billion in 2022 to $3.4 billion by 2027; It is expected to grow at a compound annual growth rate of 8.2% from 2022 to 2027. The growth of the microphones market can be attributed to the high adoption of next-generation consumer electronics and the increase in the number of microphones per device.

Wireless microphones are expected to account for the largest share of microphones during the forecast period

Wireless microphones are expected to capture the largest market share during the forecast period. The accelerated use of wireless microphones in concerts, music events, sports tournaments, and broadcast studios is driving revenue growth in the worldwide wireless microphone market. Wireless microphones are used with many consumer electronic devices, such as wearables and smart home devices.

The microphone market for consumer electronics is expected to retain the largest share during the forecast period

The microphone market for consumer electronics is expected to occupy the largest share during the forecast period. The larger size of the consumer electronics market can be attributed to the huge application of microphones in smartphones, wearables, VoIP, gaming and virtual reality devices, headphones, smart home devices, etc.

The microphone market in the Asia Pacific region is growing at the highest compound annual growth rate (CAGR) during the forecast period

The market in the Asia Pacific region is expected to grow at the highest compound annual growth rate (CAGR) during the forecast period. Emerging economies such as India and China are likely to be fast-growing markets for microphones, especially for consumer electronics. Oppo and Vivo are developing smartphones that require an increasing number of microphones for each device. The demand for high-end consumer electronics, such as wearables, is also increasing in these countries, contributing to the growth of the microphones market during the forecast period.

market dynamics
drivers

  • High adoption of next-generation consumer electronics

  • The low cost and small size of MEMS microphones

  • Increase the number of microphones per device

  • The demand for smart wearable devices integrated with advanced microphones is on the rise

  • The increasing use of piezoelectric MEMS microphones in IoT applications

limitations

chances

Challenges

  • Limitations regarding microphone specifications

  • Limitations in terms of sensitivity, noise and power consumption

  • Differences in supply and demand due to the resurgence of COVID-19 and geopolitical events

  • Spying incidents via smartphones installed with microphone

Distinctive insights

  • Growing demand for MEMS microphones from consumer electronics and automotive companies to drive market growth from 2022 to 2027

  • MEMS digital microphones will gain a larger market share in 2027

  • MEMS technology dominates the microphone market throughout the forecast period

  • Wireless microphones lead the market from 2022 to 2027

  • Consumer electronics and North America will be the largest segments of the microphones market in the Americas in 2022

  • The United States will take the largest share of the microphone market in 2022

Main topics covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 distinct visions

5 Market Overview

6 Microphone Market, by MEMS Type

7 Microphone market, by communication technology

8 Microphone market, by technology

9 Microphone Market, by app

10 Geographical analysis

11 Competitive Scene

12 Company Profiles

13 Appendix

mentioned companies

  • AAC Technologies

  • Bruel & Kjaer

  • BSE Co., Ltd.

  • CUI devices

  • Unlimited DB

  • Jitub Acoustic Co., Ltd.

  • GMEMS Technologies, Inc.

  • Gortek

  • Harmony Electronics Co

  • Homen . Company

  • Infineon Technologies

  • Kaiyuan Communication Technology (Xiamen) Co.Ltd.

  • Kingstate Electronics Corporation

  • Knowles Company

  • Meri Electronics Co., Ltd.

  • NeoMEMS Technologies

  • Barton Co., Ltd.

  • PUI Audio, Inc.

  • Sensible

  • Sonion

  • Stetron

  • STMicroelectronics

  • Suzhou Minxin Microelectronics Technology Co., Ltd. Ltd.

  • TDK . company

  • Vesper . Technologies

  • ZillTek Technology Corp.

For more information about this report visit https://www.researchandmarkets.com/r/jf8wrm

Attached

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