Microphone Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Type, Communication Technology, Application, and Region.

Global Microphone Market size was valued at US$ 2.04 Bn. in 2020 and the total revenue is expected to grow at CAGR 8.13% through 2021 to 2027, reaching nearly US$ 3.53 Bn.

Global Microphone Market Overview:

The microphone is an essential device in consumer electronic products such as mobiles, smartphones, tablets, computers, laptops, headphones, and earphones that enables the users to communicate with another user over another place. Microphones are typically used to amplify sound. Microphones are used in several applications such as telephones, public address systems for public events, live and recorded engineering, sound recording, two-way radios, and radio and television broadcasting. Microphone Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.

Global Microphone Market Dynamics:

The Microphone Market is showing northward direction growth, thanks to the growing demand for an efficient and reliable sound system with high audio quality is increasing, as the growing number of concerts, festivals, public meetings, sports events, corporate gatherings, and others fuelling the necessity of microphone for communication peoples. Microphones are the best devices for news broadcasters' reporters as they offer a two-way link between cameraman and reporter. Talkback, wireless microphones, and radio microphones are in great demand and are experiencing high popularity in the media and entertainment industry. These factors are driving the significant growth of the Microphone market across the globe. Increased use of Microphone devices in Smartphones is the prime driving factor for the growth of the Microphone market across the globe. For instance, Global smartphone shipment revenue grew by 25% YoY to US $ 96 Billion in the second quarter of 2021. In the global shipment of the smartphone, about 0.323 Billion units were sold by Samsung Company, while Xiaomi eclipses 0.052 Billion units in 2021. Increased production of smartphones is fueling the Microphone product demand, which is expected to significant growth in the microphone market. The increased investment in the entertainment industry is attributed to the microphone market growth. For instance, as per the report of the International Federation of the Phonographic Industry (IFPI), the overall investment in an artist is around $0.050 Billion to $2 Billion. These boosted investments and demands are expected to increase the global microphone market growth and product penetration opportunities for new players during the forecast period. The appliances and consumer electronics industry is growing at a rapid pace, thanks to the increasing demand for high-end consumer electronics such as smartphones, tablets, smartwatches, smart homes, and office devices. These types of devices required small, thin, and lower consuming components, which has boosted demand for the microphones.

Global Microphone Market Segment Analysis:

Based on the Communication Technology, the Microphone Market is segmented into Wired and Wireless. The Wireless Microphone segment held the largest market share of 63.47% in 2020 and it is expected to grow at a CAGR of 9.37% during the forecast period. The Wireless Microphone has several benefits such as flexibility in the placement, easy set-up, and convenience to use are makes them vulnerable to consumers. The growing use of the wireless microphone in consumer electronics products, public speaking, entertainment, and television broadcasting has driven the growth of product demand for this segment over the forecast period. Microphone Market by Communication Based on the Application, the Microphone Market is segmented into Automotive, Commercial Security and Surveillance, Consumer Electronics, Industrial, Medical, and Noise Monitoring and Sensing. The Consumer electronics segment held largest market share of 29.3% in 2020, and it is expected to witness rapid growth at a CAGR of 8.43% during the forecast period. Consumer Electronics and accessories are one of the major contributors to the MEMS microphone industry, fueling the microphone growth for this segment. Smartphones, Tablets, Laptops, PC Accessories, Handheld GPS, Smart Speakers, and Smart TVs are considered consumer electronics and accessories segments. Microphone Market by Application

Global Microphone Market Regional Insights:

North America region held the largest market share accounting for 37.12% in 2020. The increasing adoption of electronic devices based on cutting-edge technology in countries like the US and Canada is a prime driving factor for the microphone market growth in this region. In addition, US-based consumer electronics manufacturers have increased the manufacturing of microphone-enabled devices for smart homes and offices, which is expected to boost the microphone market in the region over the forecast period. Asia Pacific region is expected to witness a significant CAGR of 8.67% during the forecast period. The Increased use of consumer electronics like wearables and smart home devices in this region is fueling the product demand. In the Asia Pacific region, China is the biggest market for the manufacturing of smartphones, tablets, TV, and other electronic devices are expected to fuel the product demand in China. Emerging economies such as China and India have become high-end smart devices where better audio quality is needed, which is expected to fuel the market growth for the microphone market in this region. The objective of the report is to present a comprehensive analysis of the Trampoline Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Trampoline Market dynamic, structure by analyzing the market segments and projecting the Trampoline Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Microphone Market make the report investor’s guide.

Global Microphone Market Scope: Inquire before buying

Global Microphone Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 2.04  Bn.
Forecast Period 2021 to 2027 CAGR: 8.13% Market Size in 2027: US $ 3.53 Bn.
Segments Covered: by Communication Technology •Wired • Wireless
by Type • Analog • Digital • Electret • Others
by Application • Automotive • Commercial Security and Surveillance • Consumer Electronics • Industrial • Medical • Noise Monitoring and Sensing

Global Microphone Market, by Region

• North America • Europe • Asia Pacific • South America • The Middle East and Africa

Global Microphone Market Key Players

Knowles • AAC Technologies • TDK • Goertek • STMicroelectronics • Omron • Texas instruments • Infineon technologies • Sonion • Cui Devices • Analog Devices • On Semiconductor • Neomems Technologies • Amkor Technology • Memsensing • Audio-Technica Corporation • LEWITT GmbH • Samson Technologies Inc. • Shure Incorporated • AKG Acoustics • Sennheiser Electronic GmbH & Co.

Frequently Asked Questions:

1] What segments are covered in the Microphone Market report? Ans. The segments covered in the Microphone Market report are based on Type, Communication technology, and Application. 2] Which region is expected to hold the highest share in the Microphone Market? Ans. The North America region is expected to hold the highest share in the Microphone Market. 3] What is the market size of the Microphone Market by 2027? Ans. The market size of the Microphone Market by 2027 is US $ 3.53 Bn. 4] What is the forecast period for the Microphone Market? Ans. The Forecast period for the Microphone Market is 2020-2027. 5] What was the market size of the Microphone Market in 2020? Ans. The market size of the Microphone Market in 2020 was US $ 2.04 Bn.
1. Global Microphone Market Size: Research Methodology 2. Global Microphone Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Microphone Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Microphone Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Microphone Market Size Segmentation 4.1. Global Microphone Market Size, by Type (2020-2027) • Analog • Digital • Electret • Others 4.2. Global Microphone Market Size, by Communication Technology (2020-2027) • Wired • Wireless 4.3. Global Microphone Market Size, by Application (2020-2027) • Automotive • Commercial Security and Surveillance • Consumer Electronics • Industrial • Medical • Noise Monitoring and Sensing 5. North America Microphone Market(2020-2027) 5.1. Global Microphone Market Size, by Type (2020-2027) • Analog • Digital • Electret • Others 5.2. Global Microphone Market Size, by Communication Technology (2020-2027) • Wired • Wireless 5.3. Global Microphone Market Size, by Application (2020-2027) • Automotive • Commercial Security and Surveillance • Consumer Electronics • Industrial • Medical • Noise Monitoring and Sensing • 5.4. North America Microphone Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Microphone Market (2020-2027) 6.1. European Microphone Market, By Type (2020-2027) 6.2. European Microphone Market, by Communication Technology (2020-2027) 6.3. European Microphone Market, by Application (2020-2027) 6.4. European Microphone Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Microphone Market (2020-2027) 7.1. Asia Pacific Microphone Market, By Type (2020-2027) 7.2. Asia Pacific Microphone Market, by Communication Technology (2020-2027) 7.3. Asia Pacific Microphone Market, by Application (2020-2027) 7.4. Asia Pacific Microphone Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Microphone Market (2020-2027) 8.1. The Middle East and Africa Microphone Market, By Type (2020-2027) 8.2. The Middle East and Africa Microphone Market, by Communication Technology (2020-2027) 8.3. The Middle East and Africa Microphone Market, by Application (2020-2027) 8.4. The Middle East and Africa Microphone Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Microphone Market (2020-2027) 9.1. Latin America Microphone Market, By Type (2020-2027) 9.2. Latin America Microphone Market, by Communication Technology (2020-2027) 9.3. Latin America Microphone Market, by Application (2020-2027) 9.4. Latin America Microphone Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Knowles 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. AAC Technologies 10.3. TDK 10.4. Goertek 10.5. STMicroelectronics 10.6. Omron 10.7. Texas instruments 10.8. Infineon technologies 10.9. Sonion 10.10. Cui Devices 10.11. Analog Devices 10.12. On Semiconductor 10.13. Neomems Technologies 10.14. Amkor Technology 10.15. Memsensing 10.16. Audio-Technica Corporation 10.17. LEWITT GmbH 10.18. Samson Technologies Inc. 10.19. Shure Incorporated 10.20. AKG Acoustics 10.21. Sennheiser Electronic GmbH & Co

About This Report

Report ID 95025
Category Electronics
Published Date April 2021
Updated Date Oct 2021
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