Global MEMS Microphone Market Analysis and Forecast (2014-2020)
MEMS Microphone Market Key Drivers
Increasing use of MEMS microphone in consumer devices is driving the market for MEMS Microphones. The market is expected to grow at a CAGR of 14.1% from 2014 to 2020. The higher growth in this market is attributed to multiple factors such as the increase in penetration of MEMS microphones in handset coupled with the increase in number of MEMS microphones in handsets to suppress noise and improve sound quality are driving market shipments and revenues. Also, the technology is finding its way in new applications areas such as automotive, medical, wearable devices and so on. The market is expected to grow the fastest in MEMS component market due to existing and new applications markets. More than half of the market share is captured by only one player Knowles in 2014 however, it is losing share as new player are entering and intensifying the competition and changing the competitive landscape.
Global MEMS microphone market by application
Global MEMS microphone market by geography
- Published Date: Feb-2020
- Report Format: Excel/PPT
- Report Code: ES06A-00-0515
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Report is shared with unlimited user (employees) of the purchasing corporation only
Global MEMS Microphone Market Analysis and Forecast (2014-2020)
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