Global MEMS Microphone Market Share Is Likely To Reach At A CAGR Value Of Around 12% By 2030

17-Jan-2023 | Facts and Factors

According to Facts and Factors, the global MEMS microphone market size was worth around USD 1.64 billion in 2021 and is predicted to grow to around USD 3.78 billion by 2030 with a compound annual growth rate (CAGR) of roughly 12% between 2022 and 2030.

MEMS microphones are also known as microphone chips, and they are also known as silicon microphones. Several audio applications make use of MEMS microphones due to the requirement of reliability, good sound quality, affordability, and small size. Increasing demand for smartphones and tablets will drive the market growth of MEMS microphones.

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Browse the full “MEMS Microphone Market Size, Share, Growth Analysis Report By Alloy Type (Digital, Analog), By Technology (Capacitive, Piezoelectric), By Application (Mobile Phones, Consumer Electronics, IoT & VR, Hearing Aids, Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2030" report at https://www.fnfresearch.com/mems-microphone-market

These microphones can be easily integrated with other electrical devices, and they do not consume a lot of power. High-quality voice recording is possible with the use of these microphones and mobile devices make use of the chips for good-quality voice calls. As the adoption of microphones by most of the manufacturers of mobile phones has increased in recent times, the market is expected to show significant growth. The compact size and stable performance are expected to impede the market growth.

Many avenues for global MEMS microphone market growth are provided due to the growing business of virtual reality and smart devices making use of the Internet of Things. Smart devices that are IoT-enabled like smart speakers make use of voice recognition. Consumer experience is enhanced due to the use of several headsets provided in the movies based on virtual reality and gaming consoles. These are some of the recent applications that are anticipated to increase the sales of MEMS microphones in the coming years. Integration of the Internet of Things and virtual reality will ensure a delightful experience for the users by keeping them engaged in virtual reality.

The market for MEMS microphones will be increased due to the growing demand for consumer electronics. Personal computers, music recorders, surveillance cameras, speech recognition devices, radio players, antitheft alarms, headphones, smart speakers, 3D cameras, air conditioners, refrigerators, and service robots are all different consumer electronic devices that make use of these microphones.

The initiatives taken by various nations to have smart cities across the world will also lead to increased use of these microphones. Hearing impairment is a reason that has created more demand for these microphones as the demand for hearing heads has grown in recent times. Microphones of an advanced nature are incorporated into the hearing aids which are anticipated to increase the market growth.

MEMS microphones face challenges regarding integration and the packaging of the product, these microphones are small in size and there is growing emphasis on the difficulty in packing the product. Microphones can be damaged due to incorrect packaging, a standard or special method for packaging is required. Normal methods are being developed by various vendors to maintain the condition of the microphones.

Transfer of high power with the use of these small microphones is not possible and this inability will hinder the market growth during the forecast period. Due to this drawback in microphones, the need for preamplifiers has increased and such small components increase the price of the product making use of these components. Mass production is the only way to benefit from such businesses. All these factors will hinder the global market of MEMS microphones in the long run.

The advent of VR-enabled and IoT-enabled smart devices will provide lucrative opportunities for the growth of the global MEMS microphone market. These are the advanced technologies provided in the market. The growing demand for smart speakers, smart cameras, and smart bell cameras has increased in recent times. These devices consume less power, and they are compact in size. They provide features like noise cancellation, and this happens to be the most important feature for smart devices. Prominent companies will capitalize on all of these opportunities and have a competitive edge to increase their revenue.

Segmental Overview

The global MEMS microphone market is segmented on the basis of alloy type, application, technology, and region.

By alloy type, the market can be divided into two segments, analog segment, and digital segment. The analog category will show steady growth during the forecast period. This is expected to acquire the MEMS microphone market in the long run. These types of microphones have greater demand as they are used on a large scale in smartphones. 50% of the share of the global market is held by this segment. Samsung is a prominent player which makes use of MEMS microphones for smartphones that are digital in nature.

By technology, the MEMS microphone market can be segmented into the piezoelectric sector and the capacitive sector. The capacitive sector will dominate the market as it is regarded to be a widely accepted option due to the several benefits of this technology. Consistent performance is provided by piezoelectric devices, and they do not deteriorate easily even for a long period.

By application, the MEMS microphone market can be divided into smartphones, electronic goods, hearing aids, IoT & virtual reality, and others. Electronic goods, hearing aids, virtual reality, and the Internet of Things segment will show rapid growth in the coming years. Disposable income has led to an increased demand for these devices, especially in developing nations. Good quality microphones are developed due to technical improvements which provide seamless integration of virtual reality platforms and Internet of Things platforms.

Regional Overview

The Asia-Pacific region is expected to show significant growth and this region will grow with the highest compound annual growth rate during the forecast period. Thailand and China will play a significant role in the market growth. As the smartphone market in India, Japan and China has grown significantly in recent times the demand for these microphones is expected to grow. Substantial growth will be registered in the North American region. The integration of virtual reality devices and Internet of Things devices will support market growth.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 1.64 Billion

Projected Market Size in 2030

USD 3.78 Billion

CAGR Growth Rate

12% CAGR

Base Year

2021

Forecast Years

2022-2030

Key Market Players

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

Key Segment

By Alloy Type, Technology, Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

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Competitive Landscape:

The global MEMS Microphone market is led by players like STMicroelectronics, Hewlett Packard Enterprise Development LP, Texas Instruments Incorporated., Bosch Limited, Robert Bosch GmbH, Knowles Electronics, LLC., Canon Inc., DENSO CORPORATION., Panasonic Corporation, Broadcom., InvenSense., Sensata Technologies, Inc., TDK Corporation., Elmos Semiconductor SE, Taiwan Semiconductor Manufacturing Company Limited, AMS AG., Goertek, NXP Semiconductors., Murata Manufacturing Co., Ltd and Asahi Kasei Microdevices Corporation and others

Recent Developments:

  1. In 2019, ZeroPower Listening which are MEMS microphones based on piezoelectric technology was launched by Vesper technologies.
  2. In 2019, VM2000 was introduced by Vespa technologies which would be used in IoT devices.

The global MEMS microphone market is segmented as follows:

By Alloy Type

  • Analogue
  • Digital

By Technology

  • Piezoelectric
  • Capacitive

By Application

  • Consumer Electronics
  • Mobile Phones
  • IoT and Virtual Reality
  • Hearing Aids
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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