Microphones Market Landscape Discussed by Infiniti Research in New Cutting-edge Research Study Available at MarketPublishers.com15 Apr 2016 • by Natalie Aster
LONDON – The world microphone market is forecast to gather speed, recording a CAGR of 7.75% 2020. The sector is primarily driven by the expanding applications of microphones, among others. Furthermore, the market has been a witness to the growing signal-to-noise ratio (SNR) in small-sized microphones. However, premium prices pertaining to novel microphone applications could pose a challenge to the market’s growth and expansion. The major application areas for the microphones encompass consumer electronics, corporate & education, health care, security, automotive, and sensing applications, among others.
With respect to the microphone types, digital micro electro-mechanical systems (MEMS) grabbed just under 59.85% of the market share as of 2015, and it is poised to grow its share to 72.62% by end-2020.
The market is inhabited by a slew of vendors, with GoerTek, AAC Technologies, BSE, Knowles Electronics and STMicroelectronics being the leading ones in the marketplace. Other prominent players comprise, amid others, Bosch Sensortec, MEMSensing, Cirrus Logic, Infineon, InvenSense, Omron, NeoMEMS Technologies, Hosiden, and New Japan Radio.
New research report “Global Microphones Market 2016-2020” prepared by Infiniti Research gives an all-round overview of the microspheres market at a global scale. The study gives an analysis and forecast figures to 2020 of the market size of the microphones industry; alongside providing detailed market growth rate projections. A geographic market analysis is provided for Americas, Asia-Pacific as well as Europe, the Middle East and Africa (EMEA); the global microphone market’s attractiveness is examined by region and country. The publication offers true insights into the trends shaping the market, and also identifies and canvasses key factors stimulating the market growth as well as the challenges faced by the industry. Further, it canvasses the degree of competition in the industry, presents company profiles of the different eminent vendors casting light on their strengths and weak pockets, and offers an insightful evaluation of the opportunities existing and emerging in the marketplace.
Global Microphones Market 2016-2020
Published: April, 2016
Price: US$ 2,500.00
More reports drawn up by this publisher can be found at Infiniti Research page.