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Key Revenue Pockets: Microphone Market
Microphones had first appeared in the dictionary in 1683, which had reference as "an instrument by which small sounds are intensified". This reference was related with the acoustic hearing devices. The popular microphones included the dynamic, condensed, and piezoelectric microphones as they were used in majority of applications. However, the consumer electronics products have started booming their market from the last decade, especially mobile and tablets, which has, in turn, boosted the MEMS microphones market.
Microphones are mainly used to convert the acoustical energy into electrical energy in a wide range of applications, ranging from consumer level applications, such as smartphones, to large-scale applications, such as in industries.
The developed economies of the America, Europe, and even countries such as China, Japan have been the frontrunner of this market; however, among APAC countries, market penetration have been strongest in China, primarily through the efforts of companies such as Goertek (China), AAC technologies holdings Inc. (China) and many more.
The major drivers for the microphone market are the increasing demand of consumer electronics devices, low-cost and compact size of MEMS microphones, and increased number of microphones per device, among others. There are restraints in the market such as difficult packaging and integration. The increasing demand from emerging economies is one of the key opportunities for the microphone market
Some of the major players in the global microphone market are AAC Technologies Holdings Inc. (China), Robert Bosch GmbH (Germany), BSE (South Korea), Cirrus Logic Inc. (U.S.), Goertek (China), Hosiden Corporation (Japan), InvenSense, Inc. (U.S.), Knowles Corporation (U.S.), STMicroelectronics N.V. (Switzerland), and Shandong Gettop Acoustic Co. Ltd. (China), among others.
Microphone Market by Type (MEMS (Analog and Digital), Electret, Other), by Application (automotive, commercial security & surveillance, consumer electronics, industrial, medical, and sensing), & by Geography - Analysis & Forecast to 2014 - 2020
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