Growing Deployment of Microphones in Industrial Application

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.marketsandm
arkets.com/Market-Reports/microphones-market-10406
7266.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.marketsandm
arkets.com/pdfdownloadNew.asp?id104067266 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?id1040
67266 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 humanmachine
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. AliveCors 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. MarketsandMarketss 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/PressRelea
ses/microphones.asp