Microphone Market Size, Trends, Forecast (2022-2027) - PowerPoint PPT Presentation

About This Presentation
Title:

Microphone Market Size, Trends, Forecast (2022-2027)

Description:

[222 Pages Report] The microphone market is estimated to grow from USD 2.3 billion in 2022 to reach USD 3.4 billion by 2027; it is expected to grow at a CAGR of 8.2% from 2022 to 2027. – PowerPoint PPT presentation

Number of Views:0
Date added: 19 August 2022
Slides: 8
Provided by: ctom7000
Tags:

less

Transcript and Presenter's Notes

Title: Microphone Market Size, Trends, Forecast (2022-2027)


1
MarketsandMarkets Presents

Microphone Market Size, Trends, Forecast
(2022-2027) Microphone Market by Technology
(MEMS, Electret), MEMS Type (Analog, Digital),
Communication Technology, Application
(Automotive, Consumer Electronics, Industrial,
Medical, Noise Monitoring Sensing) Geography
- Global Forecast to 2027 https//www.marketsandm
arkets.com/Market-Reports/microphones-market-10406
7266.html
2
The microphone market is estimated to grow from
USD 2.3 billion in 2022 to reach USD 3.4 billion
by 2027 it is expected to grow at a CAGR of 8.2
from 2022 to 2027. The growth of the microphone
market can be attributed to increased number of
microphones per device, low cost and compact size
of MEMS microphones, and escalated demand for
smart wearable devices integrated with advanced
microphones. Browse 253 market data Tables
and 46 Figures spread through 222 Pages and
in-depth TOC on "Microphone Market by Technology
(MEMS, Electret), MEMS Type (Analog, Digital),
Communication Technology, Application
(Automotive, Consumer Electronics, Industrial,
Medical, Noise Monitoring Sensing) Geography
- Global Forecast to 2027"
3
MEMS microphones to hold the largest share of
the microphone market during the forecast
period MEMS microphones are used in audio
applications wherein the main requirements are
affordability, quality, and reliability. Also,
the reduced size of MEMS microphones makes them
ideal for use in several small products such as
wearables, wireless earphones, and hearing aids.
These microphones are gaining popularity in
devices including smart TVs, tablets, laptops,
gaming consoles, and automotive voice recognition
systems. Knowles (US), TDK (Japan), Infineon
(Germany), and STMicroelectronics (Switzerland)
are among a few key suppliers of MEMS
microphones. Ask PDF Brochure https//www.market
sandmarkets.com/pdfdownloadNew.asp?id104067266 D
igital MEMS microphone to hold larger share of
the MEMS microphone market during the forecast
period A high signal-to-noise ratio (SNR), low
power consumption, good sensitivity, and small
form factor of recently invented next-generation
digital MEMS microphones give them an edge over
analog MEMS microphones. MEMS digital microphones
to offer a smaller package size, effective
immunity to noise, low power consumption, and
more precise sound reproduction. In January 2022,
TDK launched a digital MEMS microphone with a
sound wire interface, true wireless stereo, and
low power mode, ideal for smartphones, tablets,
cameras, and smart speaker.
4
The microphone market medical application to grow
at the highest CAGR during forecast period The
microphone market for medical applications is
expected to grow at the highest CAGR during the
forecast period. There is growing adoption of
MEMS microphones 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. Also,
microphones are used to monitor chest sounds in
neonatal care units where the miniature sensors
will minimize discomfort for newborns. 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. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id104067266 Microphone  market in
APAC to grow at highest CAGR during the forecast
period The microphone market in APAC is projected
to grow at the highest CAGR during the forecast
period. Infotainment systems are deployed in many
low and mid-end cars in Asia Pacific. In the
region, MEMS microphones are also being adopted
for automotive applications such as in-car
devices. Advancements in traditional devices to
newly developed medical instruments have directly
helped the MEMS microphone market to grow at a
rapid rate. The current generation of different
types of medical equipment, such as hearing aids
and electronic stethoscopes, employ an increased
number of microphones per device compared to
traditional ones for better acoustical
performance. Big players such as TDK Corporation
(Japan) and Hosiden Corporation (Japan) are
expected to carry out steady business in the
microphone market. These players receive
contracts from various players, such as Samsung
Electronics (South Korea) and LG Electronics
(South Korea).
5
Driver  Escalated demand for smart wearable
devices integrated with advanced
microphones Wearable devices have gained
popularity in recent years, and their market is
growing at a high rate. Many wearable devices are
integrated with microphones for voice recording
and voice command features for such devices.
Nowadays, smart glasses integrated with audio,
microphones, and a mini display are available in
the market. In this years CES 2022, the Vuzix
Shield Smart Glasses were launched. These smart
glasses have immersive noise-canceling
microphones, perfect for working in loud
environments. Restraint Critical aspects
related to packaging and integration of MEMS
technology There are a few challenges related to
the MEMS technology that can affect the growth of
the market for microphones based on this
technology. One major issue related to MEMS
technology is the difficulties faced during the
packaging stage it is more difficult to carry
out MEMS packaging than IC packaging. This can be
attributed to the wider variety of MEMS devices
and their requirements. Opportunity
Implementation of microphones in automotive
applications In April 2021, Knowles Corporation
announced the availability of two new SiSonic
MEMS microphones for automotive applications
SPH1878 and SPH9855. The new best-in-class analog
and digital microphones by Knowles are engineered
to a higher standard of quality and supply
assurance to support the increasing demands of
the automotive market for hands-free calling,
advanced voice assistance, and in-cabin noise
cancellation for passenger comfort. Challenge 
Variations in supply and demand due to resurgence
of COVID-19 and geopolitical events The
resurgence of COVID-19 in China in 2022 has also
caused certain disruptions to companies operating
in the microphone market and offering microphones
to different industries. The risk of a prolonged
COVID-19 pandemic might lead to a significant
disruption of production and shipment in the
smartphone supply chain. In addition to COVID-19,
geopolitical events between different nations,
such as the RussiaUkraine war, may have an
unpredictable impact on the global markets, such
as disruption to the global supply of
commodities, including base metals and driving up
the commodities prices.
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
Write a Comment
User Comments (0)
About PowerShow.com