Published Date: 24-Jan-2022
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report Global MEMS Microphones Market, published by KBV research, The Global MEMS Microphones Market size is expected to reach $3,497.90 million by 2027, rising at a market growth of 19.04% CAGR during the forecast period.
The Very High (>= 64dB) market dominated the Global MEMS Microphones Market by SNR in 2020, thereby growing at a CAGR of 18.9% during the forecast period. The very high (>= 64dB) SNR MEMS microphones record sounds with excellent audio quality and can effortlessly distinguish a sound from background noise. Therefore, these microphones are mainly utilized to record sound from far-field applications.
The Mobile Phones market dominated the Global MEMS Microphones Market by Application in 2020 thereby, growing at a CAGR of 18.9% during the forecast period. The demand for mobile phones has been increased due to the surge in disposable income of the people, especially in developed and developing countries. The need to stay connected to friends, family, and colleagues through social media platforms would further increase the adoption of mobile phones.
The Capacitive market dominated the Global MEMS Microphones Market by Technology in 2020, thereby growing at a CAGR of 19% during the forecast period. This technology is well-suited for high (>= 64dB) SNR MEMS microphones as it does not alter the size and the form factor of the MEMS microphones. Additionally, microphones integrated with capacitive technology record sounds with the help of a capacitor designed of a rigid back plate and flexible diaphragm.
The Analog market dominated the Global MEMS Microphones Market by Type in 2020, thereby, growing at a CAGR of 19.1% during the forecast period. In recent years, there has been a growing demand for analog output-type microphones that can be integrated into most of smartphones. Moreover, the segment acquired the maximum revenue share of the market in 2020.
The Asia Pacific market dominated the Global MEMS Microphones Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,524.3 million by 2027. The Europe market is estimated to witness a CAGR of 18.6% during (2021 - 2027). Additionally, The North America market would experience a CAGR of 20.6% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/mems-microphones-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
Unique Offerings from KBV Research