Global Microphones Market Report 2021-2030 Featuring Knowles, Goertek, STMicroelectronics, BSE, NeoMEMS Technologies, Hosiden, InvenSense, Cirrus Logic, AAC Technologies, and Infineon Technologies

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Jul 21, 2021, 09:00 ET

DUBLIN, July 21, 2021 /PRNewswire/ -- The "Microphones Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

The global microphones market is expected to grow from $1.87 billion in 2020 to $2.21 billion in 2021 at a compound annual growth rate (CAGR) of 18.2%. The market is expected to reach $2.41 billion in 2025 at a CAGR of 2%.

Major players in the microphones market are Knowles Corporation, Goertek, STMicroelectronics, BSE, NeoMEMS Technologies, Hosiden, InvenSense, Cirrus Logic, AAC Technologies, and Infineon Technologies.

The microphones market consists of sales of microphones and related services that are used in various applications such as in hearing aids, radios, large venues & events, educational institutions, government and military, and hospitality.

Widespread adoption of smartphones globally contributing to the growth of the microphones market. The demand for mobiles is directly proportional to demand for microphones. Mobile penetration is rapidly growing day by day across the globe, it is estimated that more than 5 billion people have mobile phones and half of them are smartphones. Younger people are more likely to have smartphones, access to the internet and use social media to be digitally connected.

According to a Pew Research Center survey conducted across 18 advanced economies revealed that, a median of 76% have smart phones compared with a median of 45% in emerging economies. In Japan 69% of men and 63% of women own smartphones. In 2019, 57% of women and 63% of men own smartphones. Therefore, adoption of mobile phones is expected to increase the microphones market's growth.

Technical difficulties hampering the adoption of wireless microphones are expected to limit the growth of the microphones market. Due to the obstructions and physical distance between transmitter and receiver wireless microphones are subjected to signal blockages. In large events, microphone reception fades drastically due to dead zones created by obstructions and physical distance.

Although hand free microphones are popular and unobtrusive many people have a habit to turn their heads while talking causing the voice to drop significantly. Wireless microphones can operate in VHF, UHF, 2.4GHz and 6GHz bands. The obstructions and the signal blockages are some of the technical difficulties that limit the growth of the microphones market.

The microphones market covered in this report is segmented by product type into wired microphones, wireless microphones. It is also segmented by end-user into studio & broadcasting, large venues and events, educational institutions, government and military, corporate, hospitality.

In both developing and developed economies, devices such as Amazon Alexa and Google Home are gaining popularity. These devices are manufactured by extensive use of microphones, which are able to respond to human voices. A smart assistant can perform various tasks such as playing music, news with the help of software that is installed in these smart devices. The home users are interacting with the SPA technology, which is an emerging innovation that is changing the way. The growing demand for personal home assistance owing to increasing disposable incomes and standard of living are driving revenues in the global microphones market.

In December 2019, Knowles Corporation, a market leader and a global provider of advanced micro-acoustic, audio processing, and precision device solutions, acquired microphone design assets from AMS AG for a deal amount of $58 million. The transaction includes intellectual property, rights to source ASIC wafers from multiple foundry partners, and the transfer of the ASIC design team, which will continue to be based in Switzerland.

AMS AG designs and manufactures advanced sensor solutions and also delivers a broad range of technology solutions for consumer electronics and communication device manufacturers. Products in AMS AG include sensor ICs, interfaces and related software for consumer, communication, industrial, medical, and automotive markets.

Key Topics Covered:

1. Executive Summary

2. Microphones Market Characteristics

3. Microphones Market Trends and Strategies

4. Impact of COVID-19 on Microphones

5. Microphones Market Size and Growth
5.1. Global Microphones Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Microphones Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market

6. Microphones Market Segmentation
6.1. Global Microphones Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

Wired Microphones
Wireless Microphones

6.2. Global Microphones Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

Studio & Broadcasting
Large Venues and Events
Educational Institutions
Government and Military
Corporate
Hospitality

6.3. Global Microphones Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

Automotive
Commercial Security & Surveillance
Consumer Electronics
Industrial
Medical
Noise Monitoring & Sensing

6.4. Global Microphones Market, Segmentation by Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

Electret
MEMS
Others

7. Microphones Market Regional and Country Analysis
7.1. Global Microphones Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Microphones Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

Companies Mentioned

Knowles Corporation
Goertek
STMicroelectronics
BSE
NeoMEMS Technologies
Hosiden
InvenSense
Cirrus Logic
AAC Technologies
Infineon Technologies
OMRON
New Japan Radio
Bosch Sensortec
MEMSensing
Robert Bosch GmbH
Analog Devices Inc
Audio-Technica
HARMAN International (SAMSUNG)
MUSIC Group (MUSIC Tribe)
Sennheiser Electronic
SHURE
Sony
Yamaha
Mouser Electronics
Akustica Inc.
Shandong Gettop Acoustic
Vesper Technologies
TDK Corporation's InvenSense
CUI Inc

For more information about this report visit https://www.researchandmarkets.com/r/dsu7my

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