Microphone Market by MEMS Type (Analog, Digital); Communication Technology (Wired, Wireless); Technology (Electret, MEMS, Others); Application (Automotive, Commercial, Consumer Electronics, Industrial, Medical, Others) and Geography: Global Market Size Estimates and Forecast (2022–2030)

Code: BMIRE00025815 | Pages: 100 | Industry: Electronics and Semiconductor | Date: Sep 2022 | Type: Global

The market crossed the US$ 2 billion mark in 2022 and is expected to hit US$ 4 billion by 2030, recording a CAGR of 8.8% during the forecast period.

The Microphone Market has been Significantly Growing with the High Adoption of MEMs

The rising demand for MEMs microphones in products like wearables, wireless earphones, and hearing aids is one of the major factors driving the market growth. This microphone provides high-fidelity acoustic sensing, and due to its small size, it can be included in a tightly-integrated electronic product. In addition, they also support stereo capabilities, like active noise cancellation, directivity, voice recognition, and others. The MEMs segment is expected to pace with its rising adoption of smartphones and other consumer products. Further, electret segment is also expected to gain traction during the forecasted year.

Within the report, the market is segmented into type, communication technology, technology, application, and geography. By type, the market is further segmented into analog and digital. Based on communication technology, the market is bifurcated into wired and wireless. Technology categorizes the market into electret, MEMS, and others. The market is divided into automotive, commercial, consumer electronics, industrial, medical, and others based on application. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

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The Rising Demand for Microphones for Automotive Applications will Empower the era of Futuristic Innovations.

A microphone is a device that translates sound vibrations into electronic signals and scribes them to a recording medium. It enables different types of audio recording devices for communication purposes as well as music, speech, and sound recording. Digital microphones have become increasingly popular due to their improved sound quality and durability. In addition, wireless microphones are used in various arenas, from live concerts to television production, which has its demand in the market.

Penetration within Consumer Electronics Industries is One of the Major Factors Accelerating Market Growth.

Microphone applications encompass automotive, commercial, consumer electronics, industrial, medical, and others. The microphone is one of the essential parts of the audio recording system in consumer electronic devices like smartphones, headsets, and other wearables, which raises its demand in consumer electronics. In addition, the rising use of MEMS microphones for medical applications like monitoring breathing sounds in apnea patients and chest sounds after cardiac surgery is boosting the market growth. Other applications such as automotive, commercial, and industrial are also fueling the growth of the microphone market in the forecast period.

Recent Strategic Developments in the Microphone Market

The microphone market has undergone several significant developments, and a few of these have been mentioned below:

  • In May 2021, Sony India announced the launch of two new microphones: the ECM-W2BT multi-interface shoe compatible wireless microphone and ECM-LV1 compact stereo lavalier microphone. This microphone provides wireless high-quality audio recording with lower noise and a stable connection, making it ideal for vloggers, content creators, and YouTubers.
  • In August 2022, Harman announced the launch of a new compact USB microphone JBL Commercial CSUM10. It delivers studio-quality sound for recording content, making work from home easier for podcasters and vologers.

Several players drive the microphone market by implementing strategic investments, new launches, mergers & acquisitions, and partnerships. Knowles Electronics, LLC., AAC Technologies, TDK Corporation, STMicroelectronics, Robert Bosch LLC, BSE Co., Ltd., Hosiden Corporation, Infineon Technologies AG, Sonion, Vesper Technologies, Inc. are among the prominent players operating in the market.

The target audience for the report:

  • Raw material providers
  • Microphone providers and related service providers
  • Microphone-related associations, organizations, government bodies
  • Start-up companies
  • Microphone component suppliers
  • Microphone distributors and third party sellers
  • End users of microphones

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Type:
    • Analog
    • Digital
  • Communication Technology
    • Wired
    • Wireless
  • Technology:
    • Electret
    • MEMS
    • Others
  • Application:
    • Automotive
    • Commercial
    • Consumer Electronics
    • Industrial
    • Medical
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
    • Knowles Electronics, LLC.
    • AAC Technologies
    • TDK Corporation
    • STMicroelectronics
    • Robert Bosch LLC
  • Knowles Electronics, LLC.
  • AAC Technologies
  • TDK Corporation
  • STMicroelectronics
  • Robert Bosch LLC
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