In 2033, the global MEMS microphones market is anticipated to be worth USD 8,313.3 million. The market for MEMS microphones is significantly expanding. According to FMI Analysts, the global MEMS microphones industry is anticipated to be valued at USD 1,967.6 million in 2023 and to expand at a CAGR of 15.5% from 2023 to 2033.
The industry for MEMS microphones is expanding as mobile devices such as smartphones and tablets become popular. MEMS microphones offer additional advantages including great audio recording, which leads to great usage of cell phones, propelling the expansion of the MEMS microphones market.
Since the advancement of MEMS microphone technology, it has been employed in several electrical gadgets and voice-activating structures, culminating in MEMS microphones being used in hearing aids as well. MEMS microphones have been employed in smartphones, and the device is expected to be utilized in voice-activated items in the future.
Request A Report Sample:
https://www.futuremarketinsights.com/reports/sample/rep-gb-5100
Asia Pacific is the report’s main regional industry due to the existence of well-established production facilities in China, the Philippines, and Thailand, among other places, Based on the estimation, the Asia Pacific region is expected to have a significantly growing CAGR in the next years owing to the region’s growing popularity of mobile devices hearing aids, and IoT & VR gadgets.
Key Takeaways
- The market expanded at a CAGR of 14% during the last five years.
- With a 23% market share, Europe is also likely to increase significantly.
- In 2022, piezoelectric MEMS microphones maintained a leading position of more than 43%.
- With a 34% market share, North America dominates the MEMS microphone market.
- India’s market is poised to expand at a CAGR of 15% over the coming decades.
Competitive Landscape
Several firms are also emphasizing the importance of expanding their foreign partner networks. This method has proven to be highly successful because it allows them to steadily expand their market reach.
- Infineon Technologies AG has announced the release of its next-generation XENSIV MEMS microphones in May 2022, setting an industry standard. The IM73A135, IM69D127, and IM72D128 microphones are among the t recently introduced to Infineon’s expanding microphone line.
- The Montara Pro, the globe’s first monolithic MEMS speakers with built-in DynamicVent, enables intelligent TWS earbuds and hearing loss to provide best-of-both-worlds consumer experiences through incorporating the advantages of closed-fit and open-fit earbuds, was launched by xMEMS Labs.
Request Customization of Report:
https://www.futuremarketinsights.com/customization-available/rep-gb-5100
Key Players
- Knowles Electronics
- LLC.
- AAC Technologies
- Goertek
- BSE Co., Ltd.
- STMicroelectronics
- Analog Devices, Inc.
- Hosiden Corporation
- Mouser Electronics, Inc.
- NeoMEMS Technologies Inc.
- Akustica Inc.
Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global MEMS Microphones market presenting a historical analysis from 2018 to 2022 and forecast statistics between 2023 and 2033.
The study reveals essential insights by Type (MEMS Condenser Microphones, Piezoelectric MEMS Microphones), Application (Mobile devices, Hearing aids, Bluetooth headsets, Cars, Digital assistants such as Amazon Echo, Google Home, etc), and Region.
A Comprehensive Full Report:
https://www.futuremarketinsights.com/checkout/5100
Key Segments Profiled in the MEMS Microphones Market
By Type:
- MEMS Condenser Microphones
- Piezoelectric MEMS Microphones
By Application:
- Mobile devices
- Hearing aids
- Bluetooth headsets
- Cars
- Digital assistants such as Amazon Echo, Google Home, etc.
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia & Pacific
- East Asia
- The Middle East & Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
