According to Technavio’s latest market research study, the global MEMS microphone market is expected to grow at a CAGR of close to 8% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global MEMS microphone market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the application type
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The top three revenue contributing application segments are discussed below
Global MEMS microphone market in the consumer electronics sector: In the consumer electronics segment, MEMS microphones are used widely in the manufacture of mobile phones, laptops, tablets, wearable devices, etc. The market is likely to be driven by the projected increase in the disposable income and standards of living along with declining prices of electronic devices during the forecast period.
“With the enhanced support for voice commands, MEMS microphones are helpful for applications such as Siri, Cortana, and Google Now. For instance, Motorola Moto X uses multiple MEMS microphones in its handset,” says Sunil Kumar Singh, a lead analyst at Technavio for research on embedded systems.
Global MEMS microphone market in the healthcare sector: The demand for MEMS microphones in the healthcare sector is driven by factors such as increasing disposable incomes and growing focus on healthcare measures. MEMS microphones are increasingly being used in hearing aids. The penetration of MEMS microphones in the healthcare industry is expected to account for more than 70% of the share of the global MEMS market by 2021.
Global MEMS microphone market in the automotive sector: MEMS microphones are used in automobiles for speech applications. Microphones are increasingly deployed in automotive, which includes solutions such as telephony, voice recognition, noise monitoring, and car communication. Increasing popularity and adoption of voice activation in the automotive industry is expected to drive growth of this market in the coming years.
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The top vendors operating in the global MEMS microphone market are:
- Knowles Corporation
- Goertek
- AAC Technologies
- InvenSense
- STMicroelectronics
Other prominent vendors in the market include Bosch Sensortec, Cirrus Logic, Hosiden, Infineon Technologies, MEMSensing, NeoMEMS Technologies, New Japan Radio, and OMRON.
A more detailed analysis is available in the Technavio report titled, ‘Global MEMS Microphone Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Micro-electrical-mechanical-systems Market 2016-2020
- Global MEMS Market for Mobile Devices 2016-2020
- Global Microphones Market 2016-2020
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