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MEMS MICROPHONE MARKET ANALYSIS

MEMS Microphone Market, By Type (Digital and Analog), By Technology (Capacitive and Piezoelectric), By SNR (Very high (>=64dB), High (>=60 dB, < 64 dB) and Low (<= 59 dB)), By Application (Consumer Electronics (Mobile Phones and Others), IoT & VR, Hearing Aids and Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

  • Published In : Jan 2023
  • Code : CMI4284
  • Pages :130
  • Formats :
      Excel and PDF
  • Industry : Consumer Electronics

Micro-electromechanical system or MEMS microphones are constructed with a MEMS component placed on a printed circuit board (PCB) and protected with a mechanical cover. A tiny hole is introduced in the case, in order to allow sound into the microphone. Generally, the MEMS component is designed with a mechanical diaphragm, while the mounting structure is created on a semiconductor die. MEMS microphones are typically used for wireless applications such as audio monitoring, sound source localization WSNs, audio monitoring WSNs, and more. Generally, these applications require miniature size, low power, and relatively high data quality.

 The global MEMS microphones market was valued at US$ 1961.8 Mn in 2021.

Recent Developments:

  • Key companies are focused on partnerships, in order to expand their market presence. For instance, in September 2022, CUI, Inc., a manufacturer of electronic products, partnered with Sager Electronics, a distributor of electromechanical, Power, and Interconnect products, and custom solutions. Through this partnership, CUI Inc. plans to expand its product portfolio in the North American region.
  • Major market players are involved in capacity and business expansion, in order to gain a competitive edge in the market. For instance, in May 2020, AAC Technologies inaugurated a new MEMS microphone design center in Edinburgh, Scotland.

MEMS Microphones Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2021: US$ 1961.8 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 14.9% 2030 Value Projection: US$ 6733.2 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa
Segments covered:
  • By Type: Digital and Analog
  • By Technology: Capacitive and Piezoelectric
  • By SNR: Very high (>=64dB), High (>=60 dB, < 64 dB) and Low (<= 59 dB)
  • By Application: Consumer Electronics (Mobile Phones, Others), IoT & VR, Hearing Aids and Others
Companies covered:

AAC Technologies, Knowles LLC, Goertek, InvenSense, Inc., Cirrus Logic, Inc., STMicroelectronics, CUI, Inc, Infineon Technologies AG, and Vesper Technologies Inc.

Growth Drivers:
  • Increasing adoption of next-generation consumer electronics is expected to drive growth of the global MEMS microphone market during the forecast period
  • Rising application of MEMS in automobile and hearing aid devices is expected to propel the global MEMS microphone market growth over the forecast period
Restraints & Challenges:
  • Challenges associated with packaging and integration are expected to restrain growth of the global MEMS microphone market during the forecast period
  • Inability to transfer high power is expected to hinder the global MEMS microphone market growth over the forecast period

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Restraint:

  • Challenges associated with packaging and integration are expected to restrain growth of the global MEMS microphone market during the forecast period
  • Inability to transfer high power is expected to hinder the global MEMS microphone market growth over the forecast period

Global MEMS Microphones Market - Impact of Coronavirus (Covid-19) Pandemic:

Due to the Covid-19 pandemic, various industries in the world were heavily impacted. Furthermore, the government imposed a suspension of unnecessary Manufacturing industries which leads to the scarcity of raw materials required for MEMS microphones production. Moreover, the shortage of raw materials hindered the supply chain. Which showed a huge revenue drop in the MEMS microphones market.

However, post Covid-19 MEMS microphones market is recovering from its impact and it is sure to retain its position in the market in 2 to 3 years.

Asia Pacific held a dominant position in the global MEMS microphones market in 2021 Statistics:

Asia Pacific region dominated the global MEMS microphones market in 2021, accounting for a 36.6% share in terms of value, followed by North America, Europe, and Latin America, respectively

Figure 1: Global MEMS Microphones Market Share (%), By Region, 2021

MEMS MICROPHONE MARKET

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Asia Pacific Global MEMS Microphones Market is expected to be one of the prominent region in the global market and witness high growth during the forecast period. This is owing increasing demand for MEMS Microphones in emerging economies such as South Korea, India, and China.          

Figure 2: Global MEMS Microphones Market (US$ Mn) Analysis and Forecast, 2017 - 2030

MEMS MICROPHONE MARKET

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The global MEMS microphones market was valued at US$ 1961.8 Mn in 2021 and is expected to reach US$ 6733.2 Mn by 2030, growing at a CAGR of 14.9% between 2022 and 2030.

Major players operating in the global automotive Pumps market include AAC Technologies, Knowles LLC, Goertek, InvenSense, Inc., Cirrus Logic, Inc., STMicroelectronics, CUI, Inc, Infineon Technologies AG, and Vesper Technologies Inc.

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About Author

Pooja Tayade

Pooja Tayade -is an experienced management consultant with a strong background in the Semiconductors and Consumer Electronics industries. Over the past 9 years, she has helped leading global companies in these sectors optimize their operations, drive growth, and navigate complex challenges. She He has led successful projects that delivered significant business impact, such as:

  • Facilitating international expansion for a mid-sized tech enterprise, navigating regulatory compliance in 4 new countries and growing foreign revenue by 50%
  • Implementing lean manufacturing principles that reduced production costs by 15% for a major semiconductor fab

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Frequently Asked Questions

The global MEMS Microphone Market size was valued at USD 1961.8 million in 2022 and is expected to reach USD 6733.2 million in 2030.

The market is expected to reach US$ 6733.2 million by 2030.

The market is expected to witness a CAGR of 14.9% during the forecast period (2022-2030).

Increasing adoption of next-generation consumer electronics is expected to drive growth of the market during the forecast period.

Consumer Electronics sub-segment holds the largest market share among the Application segment in 2021.

Asia Pacific held the largest share of the market in 2021.

Key players operating in the global MEMS microphones are AAC Technologies, Knowles LLC, Goertek, InvenSense, Inc., Cirrus Logic, Inc., STMicroelectronics, CUI, Inc, Infineon Technologies AG, and Vesper Technologies Inc.
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