DUBLIN–(BUSINESS WIRE)–The “Microphone Market with COVID-19 Impact – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The global microphone market size is estimated to be USD 1.6 billion in 2020 and is projected to reach 2.3 billion by 2025, at a CAGR of 7.9% during the forecast period.
The market has a promising growth potential due to several factors, including the high adoption of next-generation consumer electronics, increased number of microphones per device, escalated demand for modern microphones for use in smart wearable devices, and elevated use of piezoelectric microphones in IoT applications.
The COVID-19 outbreak generated both demand-side and supply-side shocks rumbling across the global economy. Leading China-based microphone manufacturers such as AAC Technologies and Goertek have incurred huge losses due to the pandemic. The strong actions such as imposing a country-wide lockdown taken by governments globally to curb the spread of COVID-19 is expected to have a severe impact on the entire manufacturing industry.
The supply chain of the microphone is heavily dependent on OEMs and raw material suppliers, which are unable to function due to lockdowns imposed worldwide. Also, as the demand for consumer electronics has experienced a decline in this pandemic situation, the demand for microphones is significantly impacted, thereby affecting the revenue of the key players in the microphone market.
MEMS microphones: The fastest-growing technology segment of the microphone market.
MEMS microphones is estimated to be the fastest-growing technology segment of the microphone market. The growth of this segment can be attributed to the huge application of MEMS microphones in IoT enabled consumer electronic devices, owing to its miniature design. The miniature design of the microphone helps in easy integration, making them ideal for use in various compact products such as wearables, wireless earphones, and hearing aids.
The microphone market is dominated by a few globally established players such as Knowles (US), AAC Technologies (China), TDK (Japan), Goertek (China), and STMicroelectronics (Switzerland).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.2 Market Dynamics
220.127.116.11 High Adoption of Next-Generation Consumer Electronics
18.104.22.168 Low Cost and Compact Size of Mems Microphones
22.214.171.124 Increased Number of Microphones Per Device
126.96.36.199 Escalated Demand for Modern Microphones for Use in Smart Wearable Devices
188.8.131.52 Difficult Process of Packaging and Integration
184.108.40.206 High Cost of Electronic Stethoscopes
220.127.116.11 Declining Market for High-End Consumer Electronics Because of Covid-19
18.104.22.168 Reducing Demand for Microphones in Automotive Industry Due to Covid-19
22.214.171.124 Increasing Utilization of Microphones in Automotive Applications
126.96.36.199 Growing Deployment of Microphones in Industrial Applications
188.8.131.52 Constraints Related to Specifications of Microphones
184.108.40.206 Limitations in Terms of Sensitivity, Noise, and Power Consumption
220.127.116.11 Variations in Supply and Demand Due to Covid-19
18.104.22.168 Incidences of Spying Through Microphone-Installed Smartphones
5.3 Average Selling Price Trend
5.4 Value Chain Analysis
5.5 Market Map
5.6 Technology Analysis
5.6.1 Mems Technology
5.7 Case Study
5.7.1 Environmental Noise Monitoring at Dublin City
5.7.2 Airport Noise Monitoring at Vienna International Airport
6 Microphone Market, by MEMs Type
6.2 Analog Microphones
6.3 Digital Microphones
7 Microphone Market, by Communication Technology
7.2 Wired Communication Technology
7.3 Wireless Communication Technology
8 Microphone Market, by Technology
8.2 Electret Microphones
8.2.1 Wide Adoption of Electret Microphones in Acoustic Or Electrical Applications to Drive Their Demand
8.3 Mems Microphones
8.3.1 High Performance and Ultimate Miniaturization of Mems Microphones to Fuel Market Growth
8.4 Other Microphones
8.5 Most Negatively Impacted Technology Due to Covid-19
8.5.1 Mems Microphone Technology
9 Microphone Market, by Application
9.2.1 Deployment of Microphones in Advanced Driver Assistance Systems to Foster Market Growth
9.3 Commercial Security and Surveillance
9.3.1 Anti-Theft and Visitor Management Systems Are Critical Security Solutions Creating Significant Demand for Microphones
9.4 Consumer Electronics
9.4.1 Iot Devices and Voice-Activated Systems to Increase Microphone Demand for Consumer…