MEMS Microphone Market Business Scenario 2022 | Top Factors Driving Growth, Forecast to 2028

Market Overview:

MEMS Microphone Market size is projected to reach USD 2,133.71 Million by 2028 from an estimated USD 1,447.47 Million in 2021, growing at a CAGR of 5.7% globally.

MEMS microphones (microelectromechanical systems) are micro-scale devices that provide high-fidelity acoustic detection and are tiny enough to be included in a tightly-integrated electronic product. It’s no wonder that they’ve made their way into cellphones and other consumer electronics like smart speakers and headphones. MEMS microphones are being utilized for more than just recording ambient sound; they also have stereo capabilities, active noise cancellation, directivity (through-beam formation), voice recognition, and other features. The number of microphones per device is multiplied to implement these audio characteristics. The latest smartphones, for example, include up to six MEMS-based microphones. MEMS microphones have a wide range of applications, which has resulted in increasing demand for these high-performance devices. We are seeing new MEMS design methodologies that leverage unique automated optimization approaches in the age of artificial intelligence. For example, a team from the Technical University of Munich’s Institute for Electronic Design Automation explored and showed the automatic optimization of a MEMS microphone design in MEMS+, including its readout circuit.

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Major Key Players for MEMS Microphone Market:

• STMicroelectronics
• Hewlett Packard Enterprise Development LP
• Texas Instruments Incorporated.
• Bosch Limited
• Elmos Semiconductor SE
• Taiwan Semiconductor Manufacturing Company Limited
• AMS AG
• Goertek
• NXP Semiconductors
• Robert Bosch GmbH
• Knowles Electronics LLC
• Canon Inc
• DENSO CORPORATION
• Panasonic Corporation
• Broadcom
• InvenSense
• Sensata Technologies Inc
• TDK Corporation.
• Murata Manufacturing Co Ltd
• Asahi Kasei Microdevices Corporation

Market Dynamics and Factors:

During the forecast period, the worldwide MEMS microphone market is expected to rise due to the rising usage of next-generation consumer electronics. Smartphones, smart TVs, computers, tablets, and notepads have all seen substantial demand in recent years, boosting the consumer electronics sector in both established and emerging economies. Consumers are increasingly interested in next-generation consumer devices such as wearables and smartwatches. The Indian appliance and consumer electronics (ACE) industry reached US$ 10.93 billion in 2019 and is predicted to reach US$ 21.18 billion by 2025, according to the India Brand Equity Foundation (IBEF). MEMS are important in the above-mentioned electronics goods since they are small and consume little power. As a result, during the forecast period, these factors are projected to propel the worldwide MEMS microphone market forward.

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MEMS Microphone Market Report Highlight:

• By Type, the Digital segment is expected to hold the major market in the MEMS Microphone Market. There is a high demand for analog output microphones utilized in most smartphones. These microphones currently hold about 70% to 80% of the global market in principle.
• By SNR, Very High SNR segments are anticipated to capture the higher growth rates owing to higher SNR MEMS microphones integration in camcorders, tablets, laptops, smartphones, under headphones, and others.
• By Technology, Capacitive is expected to dominate the MEMS Microphones Market. The capacitive technology has conventionally ruled the marketplace owing to the demand for high SNR MEMS microphones as it does now no longer compromise with the dimensions and the shape issue of the MEMS microphones.
• By Application, During the forecast period, the IoT & VR segment is predicted to dominate the MEMS Microphone Market, with record-high growth rates. The demand for smartphones and other modern home gadgets is being driven by rising disposable income, particularly in emerging nations.
• The MEMS Microphone Market is predicted to be dominated by North America. MEMS microphones are predicted to have a high acceptance rate in the United States, which already has a huge consumer electronics market due to the region’s strong smartphone penetration.

Key Industry Development:

• In April 2021, With the SPH1878 and SPH9855, Knowles unveiled a new series of Automobile Grade MEMS microphones, created with a sophisticated quality and reliability criteria to address the expanding demands of the automotive business. The microphone has been certified by the Automotive Electronics Council (AECQ 100/103).
• In May 2019, Vesper Technologies Inc. introduced its ZeroPower Listening (ZPL) piezoelectric MEMS microphones.

MEMS Microphone Market Segmentation:

By Type

• Digital
• Analog
• Electret

By SNR

• Very High
• High
• Low

By Technology

• Capacitive
• Piezoelectric

By Application

• Mobile Phone
• Consumer Electronics
• IOT & IVR
• Hearing Aids
• Other

For this report, Introspective Market Research has segmented the MEMS Microphone Market based on region:

Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Turkey
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Vietnam
  • Thailand
  • Rest of Asia-Pacific
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Iran
  • Rest of MEA
• Latin America
  • Brazil
  • Argentina
  • Rest of LATAM

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Scope of the Report:

The report encompasses the entire analysis of market size in previous years for major segments and countries, as well as future estimates. The MEMS Microphone Market study looks deeply into the worldwide market’s competitive landscape. The study also provides the names of key market players and the methods they used to gain a dominant position in the industry. It also includes useful market insights, dynamics and factors, and market analysis techniques such as PESTEL analysis, PORTER’s Five Forces analysis, value chain analysis, SWOT analysis, BCG matrix, and Ansoff matrix.