MEMS Microphone Market Manufacturing Analysis and Development Forecast 2024
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Summary
Latest Report Available at Analytical Research Cognizance MEMS Microphone Market provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
Description
MEMS microphones shipment expected to reach 13.3 billion units by 2024
Increasing OEM concentration on low powered rugged piezoelectric MEMS microphones . The Global MEMS Microphones Market is expected to witness a CAGR of 11.7% to reach $2,878.4 million by 2024
“MEMS Microphones Market – Value and Volume Analysis – Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2022”, Analytical Research Cognizance forecasts that the global market for MEMS microphones will continue to grow, owing to the following important factors: an increasing number of MEMS microphones in mobile handsets, expanding voice assistance solutions, increasing adoption of MEMS microphones for hearing aids, and growing importance for MEMS microphones in internet of things (IoT) & automotive applications.
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MEMS microphones consists of a sensor chip and application-specific-integrated-circuit (ASIC). The sensor chip converts the acoustic signal/audio signal into an electrical signal, and the ASIC is used for signal processing & system interphase. By technology, there are two types of MEMS microphones - capacitive MEMS microphones and piezoelectric MEMS microphones. Capacitive technology is the most widely used MEMS microphone worldwide.
Asia Pacific dominates the MEMS microphone market, followed by the Americas. In terms of revenue, Asia Pacific accounted for the highest market share in 2017 and is projected to remain dominant throughout the forecast period. This is mainly due to the expanding fabless business model and widespread presence of dedicated foundries/contract manufacturers. Some of the countries where the contract manufacturers have established their facilities include Taiwan, China, Singapore, and Vietnam.
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The mobile handset application segment was the dominant segment in 2017, as OEMs have been continuously focusing on enhancing audio quality of mobile phones by integrating multiple microphones. The IoT and VR application segment is identified as the fastest growing segment, owing to the rising focus on including voice interface solutions in connected products such as kitchen appliances, TVs, smart displays and other IoT & Virtual-reality applications.
“In the recent years, the demand for the MEMS microphones market has increased significantally, primarily due to an increasing number of voice activated consumer electronics products. Also, the growing popularity of these microphones among users across the world, the market is expected to concentate on rugged MEMS microphones”
Key insights of the report include:
- Market Analysis - By SNR:
- Market Analysis - By Type
- Market Analysis - By Technology
- Market Analysis - By Application
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Some Points Of Table Of Content:
1 Report Summary 9
1.1 Executive Summary 9
1.2 Scope of the Report 11
1.3 Industry Trends 11
1.4 PESTLE Analysis 12
2 Report Outline 13
2.1 Research Methodology 14
2.2 Report Assumptions 14
3 Market Snapshot 15
3.1 Total Addressable Market 15
3.2 Segmented Addressable Market 15
3.3 Related Market 15
3.3.1 MEMS Market 15
3.3.2 Global Semiconductor Market 15
4 Market Outlook 16
4.1 Overview 17
4.2 Market Definition – Infoholic Research 17
4.3 Segmentation 18
4.4 Porter 5 (Five) Forces 19
5 Market Characteristics 19
5.1 Market Trends 19
5.2 Market Dynamics 20
5.2.1 Drivers 21
5.2.2 Increasing number of MEMS microphones in mobile handsets 21
5.2.3 Expanding voice assistance solutions 22
5.2.4 Increasing adoption of MEMS microphones for Hearing Aids 22
5.3 Challenges 23
5.3.1 Continuously reducing profit margin 23
5.4 Opportunities 23
5.4.1 Rising interest on rugged MEMS microphone 23
5.5 DRO – Impact Analysis 23
6 Global MEMS Microphones Market, by SNR: Market Size and Analysis 24
6.1 Overview 24
6.2 Less than and equal to 59 db (<= 59 db) 25
6.3 Greater than 59 db and less than 64 db ( >59 db and < 64 db) 26
6.4 Greater than 64 db (>64 db) 27
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