MEMS Microphones Market Size, Share, Price Trends, Key Players, Forecast 2023-2028

The latest research study "MEMS Microphones Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the global MEMS microphones market size reached US$ 1.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.4 Billion by 2028, exhibiting a growth rate (CAGR) of 11.3% during 2023-2028.

Micro-electro-mechanical system (MEMS) microphones are electro-acoustic transducers comprising MEMS sensors and application-specific integrated circuits (ASIC) to offer high-fidelity acoustic sensing. They exhibit high sensitivity, consume less power, record sound, support stereo capabilities, have voice recognition capability, and provide a high signal-to-noise ratio (SNR). They are also available in compact packages compatible with surface mount assembly procedures. In addition, they are cost-effective, minimize unwanted noise, are less susceptible to electrical interference, and offer low output impedance and temperature stability. As a result, MEMS microphones are widely adopted in hearing aids, consumer electronics, construction, oil and gas, medical telemetry, and automobiles across the globe.

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MEMS Microphones Market Trends and Drivers:

The market is primarily driven by the surging sales of advanced consumer electronics integrated with MEMS microphones. Apart from this, the widespread adoption of internet of things (IoT)-enabled devices and virtual reality (VR) headsets, smartphones, and consumer electronics, including earbuds, smartwatches, televisions, and smart speakers, are providing a positive thrust to the market growth. In addition, the rising disposable incomes of consumers and the growing geriatric population suffering from hearing impairment are escalating the demand for hearing aids featuring superior-quality microphones, thus contributing to market growth. Moreover, the increasing product application in the healthcare sector in neonatal care, emergency alarm, medical telemetry, and cardiac surgery to remotely monitor the pulse and respiration rate of patients represents another major growth-inducing factor. Furthermore, the increasing product utilization in the automotive sector for beamforming, engine diagnosis, and infotainment systems is also creating a favorable market outlook.

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MEMS Microphones Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• AAC Technologies Holdings Inc
• Best Sound Electronics (BSE)
• DB Unlimited
• GoerTek Inc.
• Hosiden Corporation
• Infineon Technologies AG
• Knowles Electronics LLC
• STMicroelectronics
• TDK Corporation and Vesper Technologies Inc.

The report has segmented the market on the basis of signal type, technology and application.

Breakup by Signal Type:

• Analog
• Digital

Breakup by Technology:

• Capacitive
• Piezoelectric

Breakup by Application:

• Mobile Phones
• Hearing Aids
• IoT and VR
• Consumer Electronics
• Others

Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Key highlights of the report:

• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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