MEMS Microphones Market worth USD 2,183.0 million by 2030

The Market Statsville Group (MSG) publishes the new report on the "MEMS Microphones Market by SNR Range (Low SNR (<60dB), Medium SNR (60-65 dB), and High and Very High SNR (> 64 dB)), by Product Type (Capacitive and Piezoresistive), by Signal Type (Analog and Digital), by Application (Consumer Electronics and Accessories, Earphones, Wearables and IoT Devices, Head-mounted Displays (AR, VR, MR), Automotive, and Other Applications), by Region – Global Share and Forecast to 2030". The global MEMS microphones market size is expected to grow from USD 1,444.2 million in 2021 to USD 2,183.0 million by 2030, at a CAGR of 5.3% during the forecast period. The increasing demand for smartphones, virtual reality (VR) headsets, IoT-enabled devices, hearing aids, and other consumer electronics, as well as smart city initiatives being pursued in various parts of the world, can be attributed to the market's growth. One of the major factors driving the market demand for MEMS microphones is the rising disposable income levels, which has sparked demand for smartphones. Simultaneously, the growing aging population, which suffers from hearing loss, has sparked demand for hearing aids with high-quality microphones, which is projected to drive the market growth over the forecast period.

Global MEMS Microphones Market Segmentation

The overall MEMS microphones market has been segmented into the SNR range, product type, signal type, application, and region.

By SNR Range Outlook (Sales, USD Million, 2017-2030)

• Low SNR (<60dB)
• Medium SNR (60-65 dB)
• High and Very High SNR (> 64 dB)

By Product Type Outlook (Sales, USD Million, 2017-2030)

• Capacitive
• Piezoresistive

By Signal Type Outlook (Sales, USD Million, 2017-2030)

• Analog
• Digital

By Application Outlook (Sales, USD Million, 2017-2030)

• Consumer Electronics and Accessories
• Earphones
• Wearables and IoT Devices
• Head-mounted Displays (AR, VR, MR)
• Automotive
• Other Applications

By Region Outlook (Sales, USD Million, 2017-2030)

• North America (US, Canada, Mexico)
• South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
• Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
• The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)

Capacitive, by product type, is estimated to hold the largest market share during the forecast period

The global MEMS microphones market is segmented into capacitive and piezoresistive based on product type. The capacitive segment generated the highest revenue of 96.2% of the global MEMS microphones market in 2021, and it is expected to register a significant CAGR from 2022 to 2030. Capacitive MEMS microphones are the most commonly adopted type on the basis of various sensing mechanisms, owing to their flat frequency response, high stability, sensitivity, and signal-to-noise ratio. They are found in many applications, like sound localization, hearing aids, speech recognition systems, surveillance systems, and consumer electronics.

In capacitive types, a change in capacitance occurs between the static backplate and moving diaphragm, which converts into electrical signals through electronic circuitry. Capacitive microphones can be segmented into Simple Condenser Microphone (polarized externally) and Electret Condenser Microphone (polarized internally). MEMS microphone sensors have advanced in the past few years, while the readout electronic was mainly implemented using switched-capacitor technology. The development of new battery-powered, "always-on" applications demands low power consumption technology, creating an opportunity for capacitive MEMS microphones.

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Asia Pacific accounts for the largest market share

Based on the regions, the global MEMS microphones market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2021, Asia Pacific accounted for the highest market share of 60.2% in the global MEMS microphones market and was anticipated to maintain its dominance throughout the forecast period. Asia-Pacific is one of the most significant markets for MEMS microphones, owing to the region’s dominance in global semiconductor and electronics manufacturing. Moreover, this region is one of the most significant markets for consumer electronics. It has a growing manufacturing sector that offers a massive opportunity to develop the market studied.

The rise of electric vehicles provides the MEMS microphone market a major boost in the Asian Market. Ola Electric, an Indian electric 2-wheeler manufacturer, is making huge tides in the electric scooter segment, with an estimated manufacturing capacity of up to 10 million units per year.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the MEMS microphones market. It also consists of the profiles of leading companies such as Vesper Technologies Inc., Knowles Electronics LLC, Goertek Inc., AAC Technologies, New Japan Radio Company Ltd (Nisshinbo Holdings Inc.), CUI Inc., STMicroelectronics NV, Infineon Technologies AG, TDK Corporation?, Robert Bosch GmbH, Hosiden Corporation, Omron Corporation, Zilltek Technology Corporation, Solid State System, NeoMEMS Technologies Inc., and Memsensing Microsystems.

Browse complete report: https://www.marketstatsville.com/mems-microphones-market

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