Europe MEMS Microphones Market By SNR (Very High (>= 64dB), High (>=60dB, 64dB), Low (<=59dB)), By Application (Mobile Phones, IoT & VR, Consumer Electronics, Hearing Aids and Others), By Technology (Capacitive and Piezoelectric), By Type (Analog and Digital), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Market Report Description
The Europe MEMS Microphones Market would witness market growth of 18.58% CAGR during the forecast period (2021-2027).
MEMS technology explains a set of microminiaturized systems that allow sensors or processors to be made with the help of methods conventionally utilized to manufacture semiconductor devices like microprocessors. The application for this technology ranges from light sensors to accelerometers to the microphones utilized in prevailing most advanced mobile phones, and now the microphones utilized in hearing aids.
Increasing innovation has driven the development of a wireless microphone that can be connected using Bluetooth, which is based on the radio transmitter. In addition, these gadgets have a wide range of applications in military devices, cell phones, and medical equipment, and various others.
In March 2020, European Commission (EC) published a report “Electronics – Shaping Europe’s Digital Future”, the concept of miniaturization is dominating the electronics industry in the region and simultaneously putting a massive impact on the digital world. These trends may compel manufacturers of electronic products to use MEMS microphones for the enhanced sound experience.
For example, in May 2019, Deutsche Telekom, a German company, introduced Hallo Magenta smart speaker in Europe. This is the very first smart speaker in Europe and is compatible with dual voice assistant systems, Magenta, and Amazon’s Alexa. Moreover, the hectic lifestyles of the citizens in the U.K. have forced them to prefer a digital life. Therefore, these factors are anticipated to fuel the growth of the MEMS microphones market during the forecasting period.
The Germany market dominated the Europe MEMS Microphones Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $208.6 million by 2027. The UK market is anticipated to grow at a CAGR of 17.4% during (2021 - 2027). Additionally, The France market would exhibit a CAGR of 20% during (2021 - 2027).
Based on SNR, the market is segmented into Very High (>= 64dB), High (>=60dB, 64dB), Low (<=59dB). Based on Application, the market is segmented into Mobile Phones, IoT & VR, Consumer Electronics, Hearing Aids and Others. Based on Technology, the market is segmented into Capacitive and Piezoelectric. Based on Type, the market is segmented into Analog and Digital. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global MEMS Microphones Market Size will Hit $3,497.90 million by 2027, at a CAGR of 19.04%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sonion A/S (Novo Holdings A/S), Vesper Technologies, Inc., Knowles Corporation, Bel Fuse, Inc., DB Unlimited, LLC, AAC Technologies Holdings, Inc., TDK Corporation (InvenSense), STMicroelectronics N.V., Infineon Technologies AG, and GoerTek, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Very High (>= 64dB)
- High (>=60dB, 64dB),
- Low (<=59dB)
- Mobile Phones
- IoT & VR
- Consumer Electronics
- Hearing Aids and
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Sonion A/S (Novo Holdings A/S)
- Vesper Technologies, Inc.
- Knowles Corporation
- Bel Fuse, Inc.
- DB Unlimited, LLC
- AAC Technologies Holdings, Inc.
- TDK Corporation (InvenSense)
- STMicroelectronics N.V.
- Infineon Technologies AG
- GoerTek, Inc.
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