MEMS Microphones Market 2021 Strategic Assessments - Vesper Technologies Inc., CUI Inc., STMicroelectronics NV, Infineon Technologies AG

The MEMS Microphones Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The MEMS Microphone Market was valued at USD 1.354 billion in 2019 and is expected to reach USD 2.702 billion by 2025, at a CAGR of 12.2% over the forecast period 2020 - 2025.

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Top Leading Companies of MEMS Microphones Market are Vesper Technologies Inc., CUI Inc., STMicroelectronics NV, Infineon Technologies AG, Knowles Electronics LLC, GoerTek Inc., AAC Technologies, New Japan Radio Company Ltd, TDK Corporation, BSE Co. Ltd, Hosiden Corporation, NeoMEMS Technologies Inc. and others.

Industry News and Updates

- May 2020 - AAC Technologies Holdings announced the opening of a MEMS microphone center in Edinburgh, Scotland, that expands the company’s global footprint and reinforces its leadership position in the design of next-generation microphone system-level solutions. As a globally-focused and internationally diverse company, AAC is committed to developing system-level solutions across the world, wherever talent and expertise can be leveraged,
- November 2019 - Knowles Corporation expanded its partnership with GN Store Nord A/S across its intelligent hearing solutions product lines. This expanded relationship highlights the benefits that GN attains through its significant investment in intellectual property, to develop innovative and differentiated solutions and best-in-class manufacturing. As a result, GN has selected Knowles as a key supplier of balanced armature speakers and MEMS microphones for GN Hearing’s, continuing the leading-edge technology platforms.

Key Market Trends

North America Accounts to Hold Significant Share

- With the already large existing market of consumer electronics in the United States, the MEMS Microphone is going to expect a large number of adoption rates due to the vast smartphone penetration rates in the region.
- With the United States is one of the largest smartphone markets in the world, with one of the highest smartphone penetration rates worldwide(91% of the population owning a smartphone). As a result, the replacement cycle is lengthening, according to the Consumer Technology Association(CTA). Further, the smartphone units are expected to decline in 2019, reaching 165.5 million units or a 2% decrease from 2018. However, as 2019 and beyond marks the launch of first 5G smartphones (by US-based manufacturers including Apple), 5G-enabled devices are forecasted to reach 2.1 million units, according to CTA.
- Moreover, nearly one in five US adults today has access to a smart speaker, according to the latest study from Voicebot.ai. This means that the adoption of these voice-powered devices has grown to 47.3 million US adults in two years or 20 % of the US adult population.

Regional Outlook of MEMS Microphones Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The MEMS Microphones Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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