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Microphone Market Worth $1.81 Billion by 2020


News provided by

MarketsandMarkets

16 Jun, 2015, 11:30 GMT

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DALLAS, June 16, 2015 /PRNewswire/ --

According to a new market research "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", published by MarketsandMarkets, the total market for the Microphone Market will be worth $1.81 Billion by 2020 at an estimated CAGR of 7.5%.

Browse 73 market data Tables and 78Figures spread through 151 Pages and in-depth TOC on "Microphone Market".

http://www.marketsandmarkets.com/Market-Reports/microphones-market-104067266.html

Early buyers will receive 10% customization on this report. 

Microphones are widely used in voice recognition, voice transmission, noise recognition and reduction, and numerous sensing applications. For instance, they are used in different applications, namely automobile for driver assistance and positioning control, medical, electronic stethoscopes, commercial security for gunshot detection, and so on. Moreover, with the recent development in the MEMS technology and emergence of connected environment, multiple microphones are being implemented in a single device for features such as "always on", noise reduction, and so on. The microphone industry has been disciplined in application areas such as automotive, commercial security & surveillance, consumer electronics, industrial, medical, and sensing applications. They find applications in Gaming and virtual reality input devices, Digital still and video cameras, laptop and notebook computers, portable media players, cell phones, smart phones, laptop computers, headsets, smartwatches, antitheft systems, hands free system, human machine interface, and parking assistance systems amongst others.

Speak to Analyst:  http://www.marketsandmarkets.com/speaktoanalyst.asp?id=104067266

This report covers the microphone market on the basis of type, applications, and geography. The segmentation by type includes MEMS (Analog and Digital), Electret, and Other types. The segmentation of microphone market by application includes automotive, commercial security & surveillance, consumer electronics, industrial, medical, and sensing applications. The geographical analysis covers The Americas, Europe, APAC, and ROW.

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.

The major companies involved in the microphone market 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

Browse related reports 

Wireless Audio Device Market by Technology (AirPlay, Bluetooth, Wi-Fi), Application (Consumer and Home Application, Broadcast, Gaming, and Special Applications), Product & by Geography - Analysis & Forecast to 2014 - 2020
http://www.marketsandmarkets.com/Market-Reports/wireless-audio-device-market-1275.html

Automotive MEMS Sensor Market by Type (Inertial Sensor, Microphone, & Pressure Sensor), Application (ADAS, ECU, ESC, HVAC, Safety & Security, In-Car Navigation, OIS Camera, Microphone in Cabin, & TPMS), & Geography - Analysis & Forecast (2014 - 2020)
http://www.marketsandmarkets.com/Market-Reports/automotive-mems-sensor-market-173026219.html

About MarketsandMarkets  

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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