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Pulished Date April, 2021
ID: 8853
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MEMS Microphones Market Analysis – By Type (Digital, Analog), By Technology (Capacitive, Piezoelectric), By Application (Mobile Phones, Other Consumer Electronics, IoT & VR, Hearing Aids), By Region ((North America (U.S., Canada), Europe (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of EU), Asia Pacific (India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC), Latin America (Brazil, Mexico, Argentina, Chile), Middle East and Africa (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA)) - Global Industry Analysis on Size, Share, Trends, Growth, Forecast | 2021 - 2026

Pulished: April, 2021
ID: 8853
Pages: 100

MEMS Microphones Market Size, Trends & Growth (2021 - 2026)

According to the latest research by our team, the MEMS Microphones Market Size is anticipated to grow with a CAGR of 14.4% during the forecast period 2021 - 2026.

What are the uses of Microphones?

Microphones in smartphones are used not just to capture voice for transmission, as well as to support voice activation and to provide high-quality audio as audio sensors. Such microphones allow mobile devices to deliver high-quality audio recording and voice calls. MEMS microphones are smaller in thickness compared to traditional microphones and can bear high temperatures and provide good quality audio.

MEMS Microphones' small size allows compatibility with various types of electrical devices like mobile phones, laptops, and Bluetooth headsets, etc. In contrast, MEMS microphones use less energy and can be mounted more effectively on a semiconductor. Hereafter, the great features of MEMS microphones have led to new areas of application such as greater adoption in different electrical products. The demand for MEMS microphones is expected to increase further with the evolution of smartphones and multiple voice-activated products. Also, the product was implemented in hearing aids.

Market Drivers

Future growth can be attributed to the increasing demand for smartphones, IoT-enabled apps, VR headsets, hearing aids, and other consumer electronics, and also the smart city programs being undertaken in different parts of the world. It is anticipated that the increasing levels of disposable income that prompted demand for smartphones will emerge as one of the major factors for the growth of MEMS microphones demand. At the same time, the increasing aging population, struggling from hearing impairment, has created demand for hearing aids with microphones of superior quality, which is also supposed to drive the growth of the market over the forecast period.

Major Challenges

The continuous fluctuation of profit margins due to decreasing selling price is the crucial chal-lenge that is hampering the global MEMS microphone market. And the technical issues like inef-fective voice quality in the noisy environment are the challenges of the MEMS microphone busi-ness.

Growth Opportunities

The emergence of smart home devices enabled by virtual reality (VR) and IoT has opened up new possibilities for MEMS microphones. Normally, these microphones are built-in smart home devices enabled by IoT, such as smart speakers running on speech recognition commands from Amazon Echo. Often featuring MEMS microphones are the headsets that cater to the interactive experience of users of VR-based movies and games.

REPORT INFO

REPORT METRIC

DETAILS

Market Size Available

2018 – 2024

Base Year

2018

Forecast Period

2019 - 2024

Segments Covered

By Type, Technology, Application & Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Knowles LLC; Infineon Technologies; STMicroelectronics; Goertek, InvenSense, Inc.; Vesper Technologies, Inc.; TDK Corporation’s InvenSense, Inc.; Cirrus Logic, Inc.; CUI Inc.; DB Unlimited; New Japan Radio Co. Ltd.; Projects Unlimited, Inc & Sonion

 

This research report on the Global MEMS Microphones Market has been segmented & sub-segmented into the following categories and evaluated market size & forecast for each segment until 2024.

MEMS Microphones Market - By Type

  • Digital
  • Analog

In the type segmentation of the global Mems Microphones Market, the digital segment is the one that is holding the larger share and is expected to continue its growth.

MEMS Microphones Market - By Technology

  • Capacitive
  • Piezoelectric

In the technology outlook, the piezoelectric segment is the technology that is supposed to grow at the highest growth rate due to manufacturing of higher signal-to-noise ratio (SNR) MEMS micro-phones, which are usually preferred for far-field audio applications to differentiate a sound from the background noise.

MEMS Microphones Market - By Application

  • Mobile Phones
  • Other Consumer Electronics
  • IoT & VR
  • Hearing Aids
  • Others

All the application segments in the global MEMS microphone market are estimated to witness a considerable growth rate in the coming years, owing to increasing adoption of this technology in recent years. IoT and VR segment, in particular, is predicted to witness a rapid growth rate in fu-ture.

MEMS Microphones Market - By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Due to the existence of well-established production facilities in China, the Philippines, and Thailand, among the key regional markets covered by the report, Asia Pacific dominates the MEMS microphone market. As a consequence of the continued proliferation of smartphones, hearing aids, certain consumer electronics, and IoT & VR devices throughout the region, the Asia Pacific regional market is likely to record the highest CAGR across the forecast period.

It is also expected that the regional MEA market will witness considerable growth.

key players Operating the Global MEMS Microphones Market are Knowles LLC; Infineon Technologies; STMicroelectronics; Goertek, InvenSense, Inc.; Vesper Technologies, Inc.; TDK Corporation’s InvenSense, Inc.; Cirrus Logic, Inc.; CUI Inc.; DB Unlimited; New Japan Radio Co. Ltd.; Projects Unlimited, Inc.; and Sonion; among others

MEMS Microphones Market

  • Global,Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms by raw materials,by application,along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

MEMS Microphones Market

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