Technavio expects global MEMS microphone market to reach over $2 billion by 2020

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This market research report includes a detailed segmentation of the MEMS microphone market by application (hearing aids, automotive, consumer electronics, and mobile phones). It also outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are AAC, BSE, GoerTek, InvenSense, Knowles, and STMicroelectronics.

Technavio has released its new market research report, global MEMS microphone market, which is expected to grow at a CAGR of 12% between 2016 and 2020. The need to develop improved applications in mobile devices has fuelled the growth for microelectromechanical systems (MEMS) microphones. MEMS microphone enables noise suppression and improves the quality of audio recording. APAC covers 66% of the total MEMS microphone market as the region has large concentration of TV, smartphone, tablet, portable gaming console, and other consumer electronics manufacturers

“Of late, the vendors are focusing on the size reduction of MEMS microphones. Though these devices are already 10 times smaller than the electret condenser microphone (ECMs), their sizes are expected to reduce further darting the forecast period. The small size makes the microphones preferable, as it occupies less space when embedded in electronic devices. The small size and low power consumption adds to the robustness of these devices making them efficient in providing high-quality output,” says Asif Ghani, Lead Analyst, Hardware & Semiconductor, Technavio Research

The healthcare sector is witnessing a surge in the application of MEMs microphones for medical devices, which is a fast-moving trend propelling the growth of the market. These microphones are implemented in devices such as medical alert bracelets, blood pressure monitoring systems, and hearing aids. Increased application of hearing aids is expected to boost the market growth during the forecast period.

The key players in the global MEMS microphone market include AAC, BSE, GoerTek, InvenSense, Knowles, and STMicroelectronics. This market is dominated by large semiconductor companies, in which Knowles holds the largest share of almost 50% of the total market. The market is witnessing numerous start-ups mainly from China, such as NeoMEMS and MEMSensing and electret condenser microphone (ECM) manufacturers such as Kingstate, Gettop, and XingGang, who are venturing into MEMs microphone, thus intensify the competition in the market.

A more detailed analysis is available in the Technavio report, Global MEMS Microphone Market 2016-2020.

We can customize this reports by other regions and specific segments upon request.

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