Microphone Market

Global Microphone Market Size (2024 to 2029)

The global microphone market size is expected to be worth USD 6.76 billion in 2024 and grow at a CAGR of 7.30% from 2024 to 2029 to reach a value of USD 9.61 billion by 2029.

Microphones or chip or silicon microphones are widely used in high-quality audio output devices. These devices are mainly used in smartphones and tablets for high-quality sound, and with their rapid technological development and advanced miniature microphones, they can be integrated into compact electronic devices. They are widely used in speech recognition, speech transmission, noise recognition, and external noise reduction. They also find automotive applications for driver assistance and control of positioning and navigation, medical applications in stethoscopes, and many more.

Recent developments in microphones have resulted in the development of miniature microphones that are widely used in the mobile industry and electronic products. There are many varieties of microphones, including condenser microphones, electret microphones, dynamic microphones, ribbon microphones, carbon microphones, piezoelectric microphones, laser microphones, and many more. The microphone consists of a sensitive part called a capsule from which the voice is heard. Sound is converted from mechanical movement into electrical signals, and sound is heard through the capsule. Advances in technology have also invented the wireless microphone that connects via Bluetooth which works into a radio transmitter. These devices have a wide range of mobile phones, medical equipment, military equipment, and many more.

Global Microphone Market Drivers:

The global microphone market is primarily driven by the huge adoption and use of tablets and mobile phones among end-users. There is a significant decrease in microphone costs due to increasing competition among players. Additionally, producers are currently focusing on assembling smaller, more efficient microphones. The biggest restrictions on the market are the clamour or deadlocks that appear in the middle of the call. Likewise, the integration of microphones has also controlled the global microphones market. Increasing demand from growing economies, for example, the Middle East and Africa, and the Asia Pacific, appears to be of great importance in the future for the global microphone market. One of the key elements in the development of this market is the growing interest in consumer devices. The global consumer electronics market is turning significantly due to the increasing entry of smart devices into the market. In addition, with the growing interest in microphones in customer devices, this market will have a positive effect in the coming years.

Global Microphone Market Restraints:

Due to the noise or dead spots that appear in the call, the market mainly outperforms. Microphone integration has also limited the global microphone market.

Impact of COVID-19 on the global microphone market:

The microphone market includes leading Tier 1 and Tier 2 vendors such as Knowles, AAC Technologies, TDK, Goertek, STMicroelectronics, Robert Bosch, BSE, Cirrus Logic, Hosiden Corporation, and Gettop Acoustic. These suppliers have their manufacturing facilities spread across various countries in Asia-Pacific, Europe, North America, South America, and the rest of the world. The microphones and other related acoustic components supplied by these companies are used by end-use industries such as automotive, consumer electronics, security and surveillance, medical, and a few others. COVID-19 has impacted not only the operations of players in the microphone market but also the activities of companies in the industries. Low demand for consumer electronic devices due to lockdown measures has had a global impact on the microphone market. The continued decline in global demand and motor vehicle exports is also expected to have a negative impact on the microphone market. The recent COVID-19 pandemic is expected to affect the global microphone industry. The entire supply chain is disrupted due to a limited supply of parts. For example, the COVID-19 outbreak resulted in lockdown measures that included the closure of manufacturing facilities and warehouses and affected global exports and shipments of various industries. The lockdown also resulted in lower domestic and export demand for consumer electronics, motor vehicles, and other industrial equipment and appliances as the impact of COVID-19 spread to other countries.

REPORT COVERAGE:

This research report on the global microphone market has been segmented and sub-segmented based on the type, technology, communication technology, application, & region.

Global Microphone Market - By Type:

• Analog 
• Digital 

MEMS digital microphones dominated the microphone market in 2019. Digital microphones use dielectric wafers or thin-film transducers to capture sound, allowing them to offer a smaller package, effective noise immunity, low power consumption, low noise, and more accurate sound reproduction. Therefore, these microphones are in high demand for use in-car infotainment solutions and IoT-enabled electronic devices, as they facilitate hands-free human-machine interaction with high-quality sound.

Global Microphone Market - By Technology:

• Electret 
• MEMS 
• Others 

MEMS microphones are required to develop with the most noteworthy CAGR during the gauge time frame. The development of this portion can be credited to the expanding appropriation of MEMS receivers in IoT-empowered electronic gadgets because of their little plan. MEMS receivers empower significant headways in sound quality in multi-mouthpiece applications. This builds the presentation of these sound parts by giving advantages, for example, a high solid-to-clamor proportion (SNR) and better commotion concealment. Other advantages include small form factors, superior temperature stability, and long battery life due to low current consumption. MEMS microphones built into smartphones enable active noise and echo cancellation performance that helps isolate a sound and its location. These characteristics have made MEMS microphones increasingly popular with smartphone manufacturers around the world.

Global Microphone Market - By Communication Technology:

• Wired
• Wireless

Global Microphone Market - By Application:

• Automotive
• Commercial Security & Surveillance
• Consumer Electronics
• Industrial
• Medical
• Noise Monitoring & Sensing

Global Microphone Market – By Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

North America is leading with the highest shares of the market owing to the rising prevalence of developing innovative products by adopting advanced technology. Increasing funds from private organizations is also elevating the demand for the microphone market in North America.

Europe has the third biggest piece of the market in the worldwide microphone market. The changing authoritative view of distant zones across Europe and North America is referred to drive market improvement. It enables members of the market to develop new items that correspond to new demands and needs. In addition, the new elements are produced to give strengths, for example, efficient sound transmission and high-quality sound.

Asia-Pacific dominated the global microphone market, accounting for 37.47% of the total share in 2018. APAC is considered to be the manufacturing hub of the consumer electronics industry. Most electrical parts are manufactured in these regions and then shipped for assembly into final products. This is intended to be the main support aspect in the regional microphone market. Additionally, increased investment in the entertainment industry, coupled with increased demand for high-quality audio outputs, is driving the microphone market in Asia Pacific.

KEY MARKET PLAYERS:

The key players involved in the global microphone market are Knowles Corporation, Goertek Inc., Vektor, Infineon Technologies AG, BSE, STMicroelectronics, Robert Bosch GmbH, Analog Devices Inc., NeoMEMS, Hosiden, and Omron Corporation.

RECENT HAPPENINGS IN THE MARKET:

• Infineon Becomes Market Leader for MEMS Microphones and Releases New Technologies to Further Improve Acoustic Performance and Power Consumption.
• Apple's victory elevates Goertek in MEMS microphone rankings.
• Knowles Corporation (NYSE: KN), a market leader and global provider of advanced micro acoustics, audio processing, and precision device solutions, announced today that it had acquired the MEMS microphone ASIC design business of AMS AG.