Microphone Market Size, Trends, Forecast (2022-2027)

1. MarketsandMarkets Presents Microphone Market Size, Trends, Forecast (2022-2027) Microphone Market by Technology (MEMS, Electret), MEMS Type (Analog, Digital), Communication Technology, Application (Automotive, Consumer Electronics, Industrial, Medical, Noise Monitoring & Sensing) & Geography - Global Forecast to 2027 https://www.marketsandmarkets.com/Market-Reports/microphones-market-104067266.html

2. The microphone market is estimated to grow from USD 2.3 billion in 2022 to reach USD 3.4 billion by 2027; it is expected to grow at a CAGR of 8.2% from 2022 to 2027. The growth of the microphone market can be attributed to increased number of microphones per device, low cost and compact size of MEMS microphones, and escalated demand for smart wearable devices integrated with advanced microphones. Browse 253 market data Tables and 46 Figures spread through 222 Pages and in-depth TOC on "Microphone Market by Technology (MEMS, Electret), MEMS Type (Analog, Digital), Communication Technology, Application (Automotive, Consumer Electronics, Industrial, Medical, Noise Monitoring & Sensing) & Geography - Global Forecast to 2027"

3. MEMS microphones to hold the largest share of the microphone market during the forecast period MEMS microphones are used in audio applications wherein the main requirements are affordability, quality, and reliability. Also, the reduced size of MEMS microphones makes them ideal for use in several small products such as wearables, wireless earphones, and hearing aids. These microphones are gaining popularity in devices including smart TVs, tablets, laptops, gaming consoles, and automotive voice recognition systems. Knowles (US), TDK (Japan), Infineon (Germany), and STMicroelectronics (Switzerland) are among a few key suppliers of MEMS microphones. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=104067266 Digital MEMS microphone to hold larger share of the MEMS microphone market during the forecast period A high signal-to-noise ratio (SNR), low power consumption, good sensitivity, and small form factor of recently invented next-generation digital MEMS microphones give them an edge over analog MEMS microphones. MEMS digital microphones to offer a smaller package size, effective immunity to noise, low power consumption, and more precise sound reproduction. In January 2022, TDK launched a digital MEMS microphone with a sound wire interface, true wireless stereo, and low power mode, ideal for smartphones, tablets, cameras, and smart speaker.

4. The microphone market medical application to grow at the highest CAGR during forecast period The microphone market for medical applications is expected to grow at the highest CAGR during the forecast period. There is growing adoption of MEMS microphones in wireless sound monitoring applications, including breathing sounds in apnea patients, chest sounds after cardiac surgery, as well as for feedback sensing in compression vests used for respiratory ventilation. Also, microphones are used to monitor chest sounds in neonatal care units where the miniature sensors will minimize discomfort for newborns. The latest trend in the market is to tap the power of smartphones for medical and health-related operations. AliveCor’s heart monitor KardiaMobile for smartphones and tablets is an excellent example in this field. The device collects ECG data with the help of electrodes from the skin and converts it into ultrasonic FM sound signals. These signals are then sent to the microphones embedded in the smartphone. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=104067266 Microphone  market in APAC to grow at highest CAGR during the forecast period The microphone market in APAC is projected to grow at the highest CAGR during the forecast period. Infotainment systems are deployed in many low and mid-end cars in Asia Pacific. In the region, MEMS microphones are also being adopted for automotive applications such as in-car devices. Advancements in traditional devices to newly developed medical instruments have directly helped the MEMS microphone market to grow at a rapid rate. The current generation of different types of medical equipment, such as hearing aids and electronic stethoscopes, employ an increased number of microphones per device compared to traditional ones for better acoustical performance. Big players such as TDK Corporation (Japan) and Hosiden Corporation (Japan) are expected to carry out steady business in the microphone market. These players receive contracts from various players, such as Samsung Electronics (South Korea) and LG Electronics (South Korea).

5. Driver:  Escalated demand for smart wearable devices integrated with advanced microphones Wearable devices have gained popularity in recent years, and their market is growing at a high rate. Many wearable devices are integrated with microphones for voice recording and voice command features for such devices. Nowadays, smart glasses integrated with audio, microphones, and a mini display are available in the market. In this year’s CES 2022, the Vuzix Shield Smart Glasses were launched. These smart glasses have immersive noise-canceling microphones, perfect for working in loud environments. Restraint: Critical aspects related to packaging and integration of MEMS technology There are a few challenges related to the MEMS technology that can affect the growth of the market for microphones based on this technology. One major issue related to MEMS technology is the difficulties faced during the packaging stage; it is more difficult to carry out MEMS packaging than IC packaging. This can be attributed to the wider variety of MEMS devices and their requirements. Opportunity: Implementation of microphones in automotive applications In April 2021, Knowles Corporation announced the availability of two new SiSonic MEMS microphones for automotive applications: SPH1878 and SPH9855. The new best-in-class analog and digital microphones by Knowles are engineered to a higher standard of quality and supply assurance to support the increasing demands of the automotive market for hands-free calling, advanced voice assistance, and in-cabin noise cancellation for passenger comfort. Challenge:  Variations in supply and demand due to resurgence of COVID-19 and geopolitical events The resurgence of COVID-19 in China in 2022 has also caused certain disruptions to companies operating in the microphone market and offering microphones to different industries. The risk of a prolonged COVID-19 pandemic might lead to a significant disruption of production and shipment in the smartphone supply chain. In addition to COVID-19, geopolitical events between different nations, such as the Russia–Ukraine war, may have an unpredictable impact on the global markets, such as disruption to the global supply of commodities, including base metals and driving up the commodities’ prices.

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