The total Microphone
market for the Microphone market will be worth $1.81 billion by 2020 at
an estimated CAGR of 7.5%.
Microphones are widely used in voice
recognition, voice transmission, noise recognition and reduction, and numerous sensing
applications. For instance, they are used in different applications, namely
automobile for driver assistance and positioning control, medical, electronic
stethoscopes, commercial security for gunshot detection, and so on. Moreover,
with the recent development in the MEMS technology and emergence of connected
environment, multiple microphones are being implemented in a single device for
features such as “always on”, noise reduction, and so on.
The microphone industry has been disciplined
in application areas such as automotive, commercial security &
surveillance, consumer electronics, industrial, medical, and sensing
applications. They find applications in Gaming and virtual reality input
devices, Digital still and video cameras, laptop and notebook computers,
portable media players, cell phones, smart phones, laptop computers, headsets,
smartwatches, antitheft systems, hands free system, human machine interface,
and parking assistance systems amongst others.
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This report covers the microphone market on
the basis of type, applications, and geography. The segmentation by type
includes MEMS (Analog and Digital), Electret, and Other types. The segmentation
of microphone market by application includes automotive, commercial security
& surveillance, consumer electronics, industrial, medical, and sensing
applications. The geographical analysis covers The Americas, Europe, APAC, and
ROW.
The major drivers for the microphone market
are the increasing demand of consumer electronics devices, low-cost and compact
size of MEMS microphones, and increased number of microphones per device, among
others. There are restraints in the market such as difficult packaging and
integration. The increasing demand from emerging economies is one of the key
opportunities for the microphone market.
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The major companies involved in the
microphone market AAC Technologies Holdings Inc. (China), Robert Bosch GmbH
(Germany), BSE (South Korea), Cirrus Logic Inc. (U.S.), Goertek (China),
Hosiden Corporation (Japan), InvenSense, Inc. (U.S.), Knowles Corporation
(U.S.), STMicroelectronics N.V. (Switzerland), and Shandong Gettop Acoustic Co.
Ltd. (China), among others.
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