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Growing Deployment of Microphones in Industrial Application

The global microphone market is estimated to be USD 2.3 billion by 2025from USD 1.6 billion in 2020 (estimated year), at a CAGR of 7.9% between 2020 to 2025. The growth of the microphone market is fueled by high adoption of next-generation consumer electronics, elevated use of piezoelectric microphones in IoT applications, escalated demand for modern microphones for use in smart wearable devices, and the increased number of microphones per device.

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Growing Deployment of Microphones in Industrial Application

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  1. MarketsandMarkets Presents Growing Deployment of Microphones in Industrial Application Microphone Market with COVID-19 Impact by Technology (MEMS, Electret, Other), by MEMS Type, by Communication Technology, by Application (Automotive, Consumer Electronics, Industrial, Medical, and Sensing), & by Geography - Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/microphones-market-104067266.html

  2. The global microphone market is estimated to be USD 2.3 billion by 2025from USD 1.6 billion in 2020 (estimated year), at a CAGR of 7.9% between 2020 to 2025. The growth of the microphone market is fueled by high adoption of next-generation consumer electronics, elevated use of piezoelectric microphones in IoT applications, escalated demand for modern microphones for use in smart wearable devices, and the increased number of microphones per device. Browse 128 market data Tables and 66 Figures spread through 187 Pages and in-depth TOC on "Microphone Market - Global Forecast to 2025"

  3. COVID-19 Impact on the Global Microphone Market The microphone market includes major Tier 1 and 2 suppliers like 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 across Asia Pacific, Europe, North America, South America, and RoW. 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 few others. Covid-19 not only impacted the operations of the microphone market players, but also affected the businesses of companies from the above-mentioned industries. The low demand for consumer electronic devices due to lockdown measures had a global impact on the microphone market. The continuous fall in the global demand and export shipments for automotive vehicles is also expected to negatively impact the microphone market. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=104067266 Key Market Players The microphone market is dominated by a few globally established players such as Knowles (US), AAC Technologies (China), TDK (Japan), Goertek (China), and STMicroelectronics (Switzerland).

  4. MEMS microphones expected to witness the fastest growth during the forecast period MEMS microphones expected to grow with the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing adoption of MEMS microphones in IoT enabled electronic devices, because of its miniature design. MEMS microphones enable considerable advancements in sound quality in applications which utilize multiple microphones. This increases the performance of these audio components by providing benefits such as high sound-to-noise ratio (SNR) and improved noise cancellation. Other benefits include small form factors, superior temperature stability, and long battery life due to low current consumption. MEMS microphones when embedded in smartphones enables the execution of active noise and echo canceling that helps isolate a sound and its location. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=104067266 Digital MEMS microphones to account for largest market share of the microphone market in 2019 Digital MEMS microphones dominated the microphone market in 2019. Digital microphones use dielectric wafers or thin-film transducers to capture sound which permits them to offer a smaller package size, effective immunity to noise, low power consumption, and more precise sound reproduction. Therefore, these microphones are in demand for use in automotive infotainment solutions and IoT enabled electronic devices as they facilitate a hands-free human–machine interaction with high quality audio.

  5. Medical application segment estimated to grow at the second highest CAGR during the forecast period The latest trend in the market is to tap the power of smartphones for medical and health-related operations. AliveCor’s heart monitor KardiaMobile for smartphones and tablets is an excellent example in this field. The device collects ECG data with the help of electrodes from the skin and converts it into ultrasonic FM sound signals. These signals are then sent to the microphones embedded in the smartphone. Microphones working as acoustic sensors are used in wireless sound monitoring applications, including breathing sounds in apnea patients, chest sounds after cardiac surgery, as well as for feedback sensing in compression vests used for respiratory ventilation. The increasing application of microphones in medical application is expected to contribute to the market growth during the forecast period. Americas is leading the microphone market, globally, by market share, in 2019 Based on geography, Americas dominated the microphone market in 2019.The commanding position of Americas can be contributed to the surging adoption of high-end consumer electronics, such as wearables and smart home devices in US and Canada. The number of microphones used in Apple devices has gradually increased from 1 to 4, which has helped the microphone business in the region to grow. Similarly, other consumer electronics manufacturers such as Cisco (US), Dell (US), and HP (US) have increased the count of microphones available in their devices for better acoustic performance. For example, the PrecisionHD USB camera from Cisco has 3 microphones installed in it.

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  7. Contact Us Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 For More Info: https://www.marketsandmarkets.com/PressReleases/microphones.asp

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