This market research report presents a detailed segmentation of the global microphone market by type (MEMS, electret, and others), by application (consumer electronics, corporate and education, sensing applications, medical, automotive applications, and security), and by geography (Americas, APAC, and EMEA). The key vendors identified in the market are AAC Technologies, BSE, GoerTek, Knowles Electronics, and STMicroelectronics.
Technavio has released a new market research report on the global microphones market, which is expected to grow at a CAGR of around 8% between 2016 and 2020. Microphones have grown in popularity due to their digital output, monolithic structure, and high tolerance to mechanical vibration. The overall market is witnessing high growth owing to an increase in the number of microphones used in smartphones. Apple and Samsung are the major revenue-contributors in this market due to the high integration of MEMS microphones in their products. APAC is the largest revenue-contributing region in the global microphones market, accounting for 58% of the total market share. The sales of consumer electronics are increasing rapidly in this region due to the presence of many emerging economies such as India, China, and Indonesia.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“The persistent evolution of the MEMS packaging industry has a direct impact on the MEMS microphone market. Of late, MEMS packaging has gained immense importance as they had to integrate 9-axis sensors in a single package by reducing the size of the package. Moreover, vendors are striving to achieve standardization in packaging due to an increase in unit shipments of MEMS sensors,” says Soumya Mutsuddi, Lead Analyst, Media & Entertainment, Technavio Research
The consumer electronics segment leads the microphone market, occupying around more than 62% of the total market share. Microphones are an integral part of consumer electronic devices such as smartphones, laptops, tablets, digital video cameras, headphones, and smart devices. Microphones are an essential component of electronic products. Therefore, manufacturers strive to add new features such as far-field and directional audio to microphones. The increasing adoption of consumer electronic devices will directly influence the growth of this segment during the forecast period.
The key vendors in the global microphones market include AAC Technologies, BSE, GoerTek, Knowles Electronics, and STMicroelectronics. This market is highly fragmented owing to the presence of a vast number of established manufacturers and small pure-play players. Multiple vendors are expected to enter the market or increase their market presence by adopting innovative strategies during the forecast period.
A more detailed analysis is available in the Technavio report, Global Microphones Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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- Global MEMS Microphone Market 2016-2020
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