Global Microphone Market Size, Share, Opportunities, And Trends By Type (Wired, Wireless), By Technology (Electret Condenser Microphones, MEMS (Micro Electro Mechanical System)), By Application (Consumer Electronics, Wearables, Commercial, Others), And By Geography - Forecasts From 2023 To 2028
- Published : Jun 2024
- Report Code : KSI061614400
- Pages : 140
Global Microphone Market is projected to grow at a CAGR of 7.14% to reach US$3.772 billion in 2028 from US$2.328 billion in 2021.
Market Overview:
A microphone is an input device that converts audio or other types of sound vibration into electric signals and records them in digital or analog format. They are now found in nearly all mobile phones, laptops, and PCs. The user's voice can be relayed "wirelessly" to the sound system's receiver using a wireless microphone system. The sound system amplifies the signal from the receiver before it is sent to the speakers. Electret, MEMS, and other technologies are utilized in microphones for automotive, commercial security and surveillance, consumer electronics, industrial, medical, noise monitoring, and sensing applications.
Global Microphone Market Drivers
- The market share of wireless microphones is anticipated to be significant.
Wireless technology is driving the market due to the increased acceptance of smartphones and wireless portable devices, significant investments in research and development for wireless audio devices, and the widespread use of wireless devices in providing infotainment services. For instance, BOYA released the BY-XM6 Mini in September 2022, an innovative and adaptable 2.4GHz wireless microphone system that builds on the popularity of the classic BY-XM6 microphone series while improving mobility. Its ultra-compact size, steady signal transmission, and two-person shots assure crystal-clear sound capture and allow sounds to be collected and combined or into a separate channel. The BY-XM6 Mini is meant to operate with DSLRs, mirrorless cameras, mixers, current computers, cellphones, tablets, and other devices.
Furthermore, wireless technology is boosting market expansion as wireless microphones become more prevalent in commercial applications such as contact centres, shows, and events. FIFINE Microphone, for example, introduced its professional wireless microphone system, K040 Wireless Microphone System, in January 2023, with over a decade of expertise and skills and a dedicated R&D and QC staff. The dual-channel portable wireless mics have 50 tunable frequencies over each channel, which helps artists and speakers remove potential implications and provide exceptionally accurate audio. The dual-channel receiver is designed for ease of use and is ideal for DJs. It can be used in churches, classrooms, huge halls, and various other event settings.
- MEMS microphones will grow at a significant rate due to their wide range of end-user application
Reliability is one of the most important considerations in ensuring customer satisfaction with microphone goods that will be utilized in various environments. There are frequently difficulties and risks of physical microphone damage or a decline in acoustic performance. Therefore, higher-performance MEMS (Micro-Electro-Mechanical Systems) microphones are used in more applications as audio technology and voice-activated gadgets become more commonplace. Thanks to this technology, smaller microphones with improved sensitivity and crystal-clear audio are now possible.
For instance, Fortemedia introduced a cutting-edge MEMS microphone solution in July 2022 that satisfies the exacting air pressure standards accepted by tier-one customers worldwide. Their quality goal is always robustness, regardless of whether consumers use the MEMS microphone system improperly or carelessly. Fortemedia's microphone solution, which consists of an IC and MEMS sensor inside, passes all of the industry's rigorous reliability tests thanks to its relentless efforts in design, validation, characterization, and quality assurance in production.
- In the coming years, microphones will gain popularity in wearable technologies.
In recent years, wearable technology has become more common, and its industry is expanding quickly. Many wearable gadgets have built-in microphones for voice recording and voice command capabilities. For instance, Infineon Technologies AG introduced its XENSIV MEMS microphones of the next generation in May 2022. The IM69D127, IM73A135, and IM72D128 microphones are the most recent additions to Infineon's expanding line of microphones. The combination of variable power modes and MEMS microphones makes them ideal for consumer electronics, including active noise canceling (ANC) headphones, TWS earbuds, beamforming conferencing equipment, laptops, tablets, and smart speakers with voice user interfaces. Several industrial applications, such as security and predictive maintenance, are also included in the use cases.
Global Microphone Market – Geographical Outlook
- The Asia Pacific region is estimated to have the fastest growth rate.
Asia Pacific region is seeing traction in microphones due to their application in smart wearables, cars, and enhanced range voice recording. Smart wearables companies are expanding their investments in the region to expand their selection of smartwatches. An increasing number of smartwatches on the market have an integrated microphone for making calls while on the go. For instance, Molife added the Sense 520 smartwatch to its array of smart wearables in October 2022 when it first entered the Indian market. Using the built-in speaker and microphone, users can place and receive calls. Furthermore, In January 2022, two microphones for $188 were made available to Tesla customers in China. Thanks to a recent software upgrade, customers can now watch films that resemble those played in karaoke bars while singing along to their favourite songs in a parked electric car. Multiple sound options are available on the microphone, which couples with the infotainment system automatically. The Wall Street Journal said that the first day saw the complete sale of all microphones. Drone businesses are integrating microphones into their products to improve the user experience due to a growth in drone applications in the Chinese market. For example, the Chinese drone manufacturer DJI unveiled a new product in China in January 2022. It was a wireless radio technology called a DJI Mic, which has some impressive specifications and a good wireless transmission range. It provides a potent radio system comprising two wireless transmitters and a dual-channel receiver. Additionally, the device fits within a pocket and weighs only 30 grams. The new wireless microphone's body also features a clip-on style and can be fastened to magnetic accessories. As a result, users can attach it to a camera, a musical instrument, or their clothing.
Global Microphone Market Scope:
Report Metric | Details |
Market Size Value in 2021 |
US$2.328 billion |
Market Size Value in 2028 |
US$3.772 billion |
Growth Rate | CAGR of 7.14% from 2021 to 2028 |
Base Year | 2021 |
Forecast Period | 2023 – 2028 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Type, Technology, Application, and Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Electro-Voice (Bosch GmbH), Samson Technologies Corp, Blue Microphones, AKG Acoustics, DPA Microphones, Sennheiser electronic GmbH & Co KG, Shure Incorporated, Rode Microphones LLC, Behringer, Audio-Technica Corporation |
Customization Scope | Free report customization with purchase |
The Global Microphone Market is segmented and analyzed as follows:
- By type
- Wired
- Wireless
- By technology
- Electret condenser microphones
- MEMS (Micro electro mechanical system)
- By application
- Consumer Electronics
- Wearables
- Commercial
- Others
- By geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Others
- North America
Frequently Asked Questions (FAQs)
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Market Opportunities
4.4. Porter’s Five Force Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitutes
4.4.5. Competitive Rivalry in the Industry
4.5. Industry Value Chain Analysis
5. GLOBAL MICROPHONE MARKET ANALYSIS, BY TYPE
5.1. Introduction
5.2. Wired
5.3. Wireless
6. GLOBAL MICROPHONE MARKET ANALYSIS, BY TECHNOLOGY
6.1. Introduction
6.2. Electret condenser microphones
6.3. MEMS (Micro electro mechanical system)
7. GLOBAL MICROPHONE MARKET ANALYSIS, BY APPLICATION
7.1. Introduction
7.2. Consumer Electronics
7.3. Wearables
7.4. Commercial
7.5. Others
8. GLOBAL MICROPHONE MARKET ANALYSIS, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. USA
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. UK
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Others
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Others
8.6. Asia Pacific
8.6.1. China
8.6.2. Japan
8.6.3. India
8.6.4. South Korea
8.6.5. Taiwan
8.6.6. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. Electro-Voice (Bosch GmbH)
10.2. Samson Technologies Corp
10.3. Blue Microphones
10.4. AKG Acoustics
10.5. DPA Microphones
10.6. Sennheiser electronic GmbH & Co KG
10.7. Shure Incorporated
10.8. Rode Microphones LLC
10.9. Behringer
10.10. Audio-Technica Corporation
Electro-Voice (Bosch GmbH)
Samson Technologies Corp
Blue Microphones
DPA Microphones
Sennheiser electronic GmbH & Co KG
Shure Incorporated
Rode Microphones LLC
Behringer
Audio-Technica Corporation
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