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Significant adoption of next-gen consumer electronics is a key factor driving the product demand. Many consumer devices, such as tablets, smartphones, and smartwatches have microphones embedded in them, thus increasing the market growth. Also, the rising deployment of microphones in industrial sectors for a long time for communication and voice applications further augment the industry growth.
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Presents a Research Report on Microphone Array Market The report on the Microphone Array Market is segmented By Type (Ceiling Array Microphone, Table Array Microphone, Ceiling & Table Array Microphones, Beamforming MicroArray), By Application (Automotive, Meeting spaces & conference rooms), and Region - COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global microphone array market. sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence
The Microphone Array Market Highlights& Drivers Significant adoption of next-gen consumer electronics is a key factor driving the product demand. Many consumer devices, such as tablets, smartphones, and smartwatches have microphones embedded in them, thus increasing the market growth. Also, the rising deployment of microphones in industrial sectors for a long time for communication and voice applications further augment the industry growth. In addition, the surging demand for advanced and distant speech recognition has increased due to the growing trend of virtual conferencing and seminars offering ample opportunities to the market players. • MarketInsight • By Application Type: • Based on application, the microphone array market is categorized into automotive and meeting spaces & conference rooms. The automotive segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. • The growing integration of mobile hands-free features in vehicles spurs the demand for microphone arrays in the automotive sector. Microphone arrays enable to reduce environmental noise and increase speech recognition accuracy, thereby bolstering the segment growth.
Market Insight & Competitive Insights • By Region: • By region, the Asia Pacific market accounted for a significant share in 2020 and is expected to grow at the highest CAGR in the following years. This is mainly ascribed to the strong presence of consumer electronics and semiconductor companies in South Korea, China, Taiwan, and Japan. Also, The widespread production of automotive vehicles in the region as well as increasing demand for advanced technology majorly in passenger cars further proliferates the regional market growth. • Key Players • Andrea Electronics (US) • GRAS (Denmark) • XMOS Ltd (UK) • PCB Piezotronics (US) • Acoustic Magic (US) • Phoenix Audio Technologies (US) • ClearOne (US) • Polycom, Inc. (US) • Shure (US) • Beyerdynamic (Germany).
Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others
Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.
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