MEMS Microphones Market Future Growth Outlook 2021-2026 | Vesper Technologies Inc., CUI Inc., STMicroelectronics NV, Infineon Technologies AG

The MEMS Microphones Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the MEMS Microphones market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the MEMS Microphones market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the MEMS Microphones market.

The MEMS Microphone Market was valued at USD 1194 million in 2020 and is expected to reach USD1845.06 million by 2026, at a CAGR of 7.79% over the forecast period 2021 - 2026. 

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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:

Consumer Electronics to Witness Significant Growth

- Consumer electronics is one of the major industries where MEMS microphones have witnessed a significant adoption over the past few years. Smartphones, Tablets, Laptops, Smart Speakers, Smart TVs, PC Accessories, and Handheld GPS, among others, are considered while evaluating the scope of the studied segment.
- The small size and advancement in their acoustic properties have enabled MEMS microphone in applications, for sharing information by smartphone video or FaceTime. Many of the consumer electronics are enabling voice calls or voice commands, as most of the consumers are habitually communicating and controlling these devices through voice.

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.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- MEMS Microphones Market Size & Analysis (2016 - 2026)
- Market Share Analysis of MEMS Microphones Market (%),2016 - 2026
- MEMS Microphones Market Share, By Brand
- MEMS Microphones Market Share, By Company
- MEMS Microphones Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies MEMS Microphones Market Value Analysis & Forecast
- Promising MEMS Microphones Development by Major Companies
- Detailed MEMS Microphones Portfolio of the Major Companies
- Major Deals in the MEMS Microphones Market
- Major Companies Analysis

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