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MEMS (Micro-Electro-Mechanical Systems) Microphone Market size is set to grow by USD 974.2 million from 2024-2028, Increased penetration of mems technology in hearing aids to boost the market growth, Technavio

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NEW YORK, July 17, 2024 /PRNewswire/ — The global MEMS (micro-electro-mechanical systems) microphone market size is estimated to grow by USD 974.2 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 8.09% during the forecast period. Increased penetration of mems technology in hearing aids is driving market growth, with a trend towards growing demand for digital assistance in automobiles. However, declining market for tablets poses a challenge. Key market players include AAC Technologies Holdings Ltd., Analog Devices Inc., Cirrus Logic Inc., Goertek Inc., Infineon Technologies AG, Knowles Corp., OMRON Corp., Robert Bosch GmbH, STMicroelectronics International N.V., and TDK Corp..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Consumer electronics, Healthcare, Automotive, and Others), Type (Analog and Digital), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

AAC Technologies Holdings Ltd., Analog Devices Inc., Cirrus Logic Inc., Goertek Inc., Infineon Technologies AG, Knowles Corp., OMRON Corp., Robert Bosch GmbH, STMicroelectronics International N.V., and TDK Corp.

Key Market Trends Fueling Growth

MEMS microphones are essential components in modern automotive applications, catering to the unique requirements of the automotive sector. These microphones offer advanced features such as speech applications, telephony, voice recognition, in-car communication, and active noise cancellation. With the increasing integration of voice controls in vehicles, the market for MEMS microphones is experiencing significant growth. By 2024, more than 65 million vehicles are projected to have voice recognition systems, representing over 60% of all cars worldwide. The expansion of automotive infotainment operating systems and the growing demand for hands-free interfaces for mobile phones are major drivers for this growth. MEMS microphones enable users to operate infotainment systems using voice commands, keeping their focus on the road. Future advancements in voice recognition technology are expected to enable text messaging and email composition, further enhancing the user experience. Additionally, MEMS microphones are used for noise cancellation and engine diagnosis, making them indispensable for digital assistance in automobiles. Overall, the rising demand for in-car digital assistance will fuel the growth of the global MEMS microphone market during the forecast period. 

The Mems microphone market is experiencing significant growth, driven by trends in automotive, consumer electronics, and healthcare industries. Ultrasound sensors and Intertial sensors are gaining popularity in automotive applications, including Advanced Driver-Assistance Systems (ADAS) and electric vehicles. Companies like Hyundai, Mahindra, Kia, and MG are integrating MEMS microphones for voice recognition and cabin noise reduction. In consumer electronics, RF MEMS microphones offer miniaturization benefits for wearables, IoT devices, and 5G mobile smartphones. Flexible RF technology and conformal integration enable the production of smaller, more efficient devices. The healthcare sector is embracing MEMS-based biosensors for motion tracking, pressure sensing, and biointegrated applications, including smartwatches and drug delivery systems. Talent retention and innovation are crucial as companies develop MEMS sensors for automotive safety features, such as airbag deployment and tire pressure monitoring, and improve vehicle performance and efficiency. LTE networks and the Smart Consumer drive the demand for MEMS sensors in various applications, including healthcare, automotive, and consumer electronics. Companies focusing on miniaturization, component configuration, carrier aggregation, and beamforming will remain competitive in this rapidly evolving market. 

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Market Challenges

The MEMS microphone market is experiencing significant growth due to their increasing integration into consumer electronic devices, particularly smartphones and tablets. With the popularity of extra-large smartphones, the demand for MEMS microphones has surged. These devices often use multiple MEMS microphones to replace more expensive sensors, providing high-definition audio quality for video recordings and improved voice command functions. However, the declining tablet market, which includes both slates and detachable tablets, may pose a challenge to the MEMS microphone market’s growth. As consumers show less preference towards tablets, the demand for MEMS microphones in this sector could decline. Despite this challenge, the MEMS microphone market is expected to continue growing due to their widespread adoption in consumer electronics.The MEMS (Micro-Electro-Mechanical Systems) microphone market is experiencing significant growth due to increasing demand from various industries. LTE networks require high-performance microphones for clear communication, driving demand. The smart consumer market, including wearable health and fitness trackers, demands miniaturized MEMS-based biosensors for personalized medicine and remote monitoring. In automotive applications, MEMS sensors are essential for vehicle performance, safety, and efficiency. MEMS sensors are used in airbag deployment, tire pressure monitoring, stability control, and navigation systems. However, challenges include development costs and efforts for customized fabrication and standardized processes. In healthcare and medical diagnostics, MEMS-based biosensors are used for drug delivery, minimally invasive procedures, and safety-critical applications. Liquid media and biomedical applications require rigorous testing and quality control for customer confidence. Smaller companies and startups face development cycle and overall costs, while Sumitomo Precision and MEMS Infinity lead with advanced technology and proven expertise. The future of MEMS microphones lies in addressing these challenges and expanding applications in healthcare, automotive, and consumer markets.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This mems (micro-electro-mechanical systems) microphone market report extensively covers market segmentation by

Application 1.1 Consumer electronics1.2 Healthcare1.3 Automotive1.4 OthersType 2.1 Analog2.2 DigitalGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Consumer electronics- The Mems microphone market is experiencing significant growth due to their small size, high performance, and cost-effectiveness. These microphones use micro-electro-mechanical systems to convert sound waves into electrical signals. Major industries such as consumer electronics, automotive, and healthcare are integrating Mems microphones into their products for applications like voice recognition, noise cancellation, and biometric sensing. The market is expected to continue expanding as technology advances and demand for miniaturized, high-performance microphones increases.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global microphones market is driven by advancements in technology and increasing demand in various applications such as broadcasting and consumer electronics. The global home audio equipment market is experiencing robust growth due to rising disposable incomes, the popularity of smart home devices, and the demand for high-quality audio experiences. Meanwhile, the global action camera market is expanding rapidly, fueled by growing outdoor adventure activities and the need for compact, high-performance cameras capable of capturing high-definition videos and images in challenging environments.

Research Analysis

The Mems microphone market is experiencing significant growth due to the increasing demand for miniaturized devices in various industries. One of the major drivers is the proliferation of LTE networks, enabling real-time communication and data transfer for smart consumer devices. In healthcare, Mems microphones are used in MEMS-based biosensors for medical diagnostics, drug delivery, and minimally invasive procedures. MEMS sensors are also vital in automotive applications, enhancing vehicle performance, safety, and efficiency. Mems microphones play a crucial role in automotive safety systems, such as airbag deployment and tire pressure monitoring. In the healthcare sector, Mems microphones are used in infectious disease detection, cancer biomarkers, and genetic disorders diagnostics. Mems Infinity and Sumitomo Precision are leading Mems sensor manufacturers. Mems sensors are also used in ultrasound sensors, quality control, talent retention, inertial sensors, and Advanced Driver Assistance Systems (ADAS) in vehicles from companies like Hyundai, Mahindra, and Kia.

Market Research Overview

The Mems microphone market is experiencing significant growth due to the increasing demand for miniaturized components in various industries. LTE networks and the rise of the smart consumer have fueled the need for smaller, more efficient devices. MEMS microphones, with their small size and high performance, are ideal for automotive applications such as voice recognition in cars, tire pressure monitoring, and safety systems like airbag deployment and stability control. In healthcare and medical diagnostics, MEMS-based biosensors are revolutionizing drug delivery, minimally invasive procedures, and biomedical applications. MEMS sensors are also being used in liquid media for customized fabrication, reducing development costs and cycles. The market is seeing increased participation from smaller companies and startups, leading to intense competition and a focus on quality control, testing, and customer confidence for safety-critical applications. The Internet of Things and wearables are also driving demand for MEMS microphones in remote monitoring, diagnostics, personalized medicine, and fitness trackers. The market is expected to expand further with the integration of MEMS sensors in ultrasound sensors, ADAS systems in automobiles, and flexible RF technology in 5G mobile smartphones and electric vehicles.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationConsumer ElectronicsHealthcareAutomotiveOthersTypeAnalogDigitalGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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DreamSmart Held AI Ecosystem Launch Event to Unveil Its Full Range of Products

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45 mins ago

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September 25, 2024

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BEIJING, Sept. 25, 2024 /CNW/ — On September 25, 2024, the DreamSmart AI Ecosystem Launch Event was held in Beijing. DreamSmart released a number of new technology products, including Meizu Lucky 08 AI smart phone, AR smart glasses StarV View, StarV Air 2, smart ring StarV Ring 2, Z10 STARBUFF customized e-sports car jointly created by DreamSmart and Lynk & Co, etc.

DreamSmart has developed an ecological layout in which the two major product series brands, namely Star and Meizu, are parallel, and the three product categories, namely smart phones, smart glasses and smart cars, are developing together.

Meizu Lucky 08 comes in two colors, namely starshine white and meteorite black, with a 6.78-inch 8T LTPO 144Hz 1.5K screen. Equipped with a second-generation Snapdragon 7s mobile platform, a 6000mAh battery, and a 100-million-pixel ultra-clear main camera with an ultra-wide field of view, Meizu Lucky 08 adopts new star rail technology aesthetics to create a unique sense of spatial hierarchy. In addition, Meizu Lucky 08 is specially equipped with a multi-functional AI button supporting more than 100 flagship AI technologies.

Optical waveguide display solution is adopted for StarV Air2 AR smart glasses, which weigh only 44 grams. Equipped with the self-developed StarVision system and a 0.15cc ultra-small single green light engine, StarV Air 2 AR smart glasses support real-time dialogue translation based on AI, flash memory based on AI, AI voice assistant, AR navigation and other functions.

Another StarV View AR glasses equipped with a “high-definition giant screen” use BirdBath technology to create a giant screen experience equivalent to a 188-inch screen effect from 6 meters away. To meet the needs of myopia users, StarV View supports 0-600 degree myopia regulation for the left and right eyes respectively, without the need to install myopia lenses.

StarV Ring 2, a two-in-one smart ring, supports non-invasive blood glucose trend detection and touch interaction in an innovative manner, supports sleep stress monitoring, body temperature trend and blood oxygen monitoring, exercise heart rate monitoring and other functions, as well as realizes multi-device control and operation interconnection. Users can easily use the ring to control StarV Air 2 glasses and smart phones.

As the first customized e-sports car jointly created by DreamSmart and Lynk & Co, Z10 STARBUFF is deeply customized for e-sports fans. It is equipped with the world’s first Flyme Auto high-energy e-sports entertainment cockpit which has a gaming function comparable to that of a PC, as well as a number of hardcore devices including ECARX Makalu Computing Platform, AMD V2000A desktop chip, AMD RX6600M discrete graphics card, water-cooled heat dissipation, Samsung OLED automotive grade high-refresh screen, 1TB solid-state drive and 5G high-speed in-vehicle network. The cockpit layout is also customizable for e-sports users, and it is equipped with Harman Kardon 23-speaker luxury audio for a more immersive in-cabin audio experience.

As presented at the DreamSmart AI Ecosystem Launch Event, Flyme AIOS has deeply integrated AI into all levels of the operating system, providing users with a total of more than 100 AI functions. AI smart phones have been widely recognized by users; XR smart glasses have accompanied users to travel to more than 30 countries and regions, with the “multilingual AI translation” function being used for more than 100,000 hours; Flyme Auto smart cockpit operating system serves nearly 200,000 car owners; and Flyme Auto open platform has supported 14 car models, and is about to support more automotive brands.

At the launch event, Su Jing, CEO of DreamSmart, and Liao Qinghong, COO of DreamSmart, invited partner representatives and user representatives to the stage to jointly light up Sphere, the world’s largest spherical immersive venue in Las Vegas. DreamSmart showed the world its strong scientific and technological strength and broad development prospects.

DreamSmart is a global technology company with a business footprint that has expanded from the Chinese market to overseas regions including Eastern Europe, the Middle East, Southeast Asia and Latin America. In the future, DreamSmart will work with a number of partners to jointly build a global intelligent travel technology ecosystem, providing users with multi-terminal, full-scenario, and immersive integration experiences.

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SOURCE DreamSmart

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Sucden Financial Appoints Head of Exchange-Traded Derivatives

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45 mins ago

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September 25, 2024

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LONDON, Sept. 25, 2024 /PRNewswire/ — Sucden Financial, the multi-asset execution, clearing and liquidity provider, has appointed Rob Noyce as Head of Exchange-Traded Derivatives.

Rob has spent the past 20 years at major global financial institutions, including UBS, Citigroup, and Barclays Capital, focusing on listed derivatives and electronic execution. He will lead Sucden Financial’s non-LME exchange-traded business, with a particular focus on growth and adding value for clients through technology, innovation and electronification.

Before joining Sucden Financial, Rob spent over five years as Director of EMEA Electronic Execution Sales for Listed Derivatives at UBS, where he was responsible for new business and monetisation of existing futures and options e-execution clients. Prior roles include Head of Futures E-Trading Sales and Relationship Management at Citigroup Global Markets, Vice President of Futures E-Sales at Barclays Capital and EMEA Derivatives and FX Sales Director at Bloomberg Tradebook Europe. 

Marc Bailey, CEO of Sucden Financial, said:

“Rob has an excellent track record of implementing technological change and driving business growth at some very large financial institutions. We’re delighted to welcome him to the Sucden Financial team. Rob will play an important role in driving innovation, continuing to grow our business and providing clients with an enhanced service.”

Rob Noyce as Head of Exchange-Traded Derivatives, Sucden Financial, commented:

“I am delighted to have joined Sucden Financial, which has a strong background in the ETD space. I believe there is a significant opportunity to grow the listed derivatives business and increase efficiency by focusing on technology, innovation and electronification.”   

About Sucden Financial

With a history and heritage in commodity futures and options trading, Sucden Financial has evolved and diversified to become a leading global multi-asset execution, clearing and liquidity provider across FX, fixed income, and commodities.

Sucden Financial has a proven track record of over 50 years in financial markets. Since its foundation in 1973, it has been supported by its parent, Sucden, one of the world’s leading soft commodity trading groups, while remaining fully independent in its day-to-day trading operations.

Sucden Financial Limited is authorised and regulated by the Financial Conduct Authority.

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Baseus Creates Sound That Moves You with the New Bowie 30 Max Noise Cancelling Headphones

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45 mins ago

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September 25, 2024

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NEW YORK, Sept. 25, 2024 /PRNewswire/ — As a global leader in the consumer electronics industry, Baseus has always been passionate about creating minimalist products that are easy to use and prioritize the user’s needs. To add to this extensive and innovative range of products, Baseus is excited to unveil the latest Bowie 30 Max Noise Cancelling Headphones. These incredible head-tracking spatial audio headphones provide excellent sound quality and immersive noise canceling – making them the ideal companion when traveling, exercising, or doing outdoor activities.

The Baseus Bowie 30 Max Noise Cancelling Headphones also come highly recommended by GRAMMY and EMMY award winners to ensure a level of sound engineering worthy of those accolades. Let’s explore some of the key features of these pioneering headphones:

Head-Tracking Spatial Audio Technology: The Baseus Bowie 30 Max Noise Cancelling Headphones use innovative head-tracking spatial audio technology with built-in gyroscopes and accelerometers. These work together to ensure smooth and accurate tracking of head movements to give users a truly immersive and lifelike sound experience with cinematic 3D audio.

-45dB Active Noise Canceling: Enjoy undisrupted entertainment with -45dB Active Noise Canceling that blocks out 96% of external sound. Baseus Bowie 30 Max Noise Cancelling Headphones also come with built-in dual Active Noise Canceling microphones that use digital noise cancellation technology to detect and cancel out a wide range of low and mid-frequency noises – such as cars, airplane engines, and other background sounds. Soft earmuffs also provide a greater sound seal and build a comfortable, immersive, and private space for your listening.

Hi-Res Audio Wireless/Wired Certified: The Baseus Bowie 30 Max Noise Cancelling Headphones ensure superior audio resolution that goes beyond your imagination. The use of LDAC technology in the headphones enables the transmission of audio content at the maximum bitrate of 990kbps – even over Bluetooth. This includes high-resolution audio and increases audio detail up to 3 times when compared to average audio designs.

50mm SuperBass Drivers: Feel a 200% bass increase with the 50mm SuperBass drivers inside your Baseus Bowie 30 Max Noise Cancelling Headphones. With extensive research on user listening habits, Baseus has taken to using the latest SuperBass acoustic algorithms to amplify sound excellence. The technology seamlessly upgrades every frequency within the human audible range without compromising sound quality – ultimately boosting the bass experience by up to 200% and creating an immersive audio experience like no other.

65-Hour Battery Life and Baseus Rapid Charge: Enjoy your superior sound with a 65-hour long battery life from your Baseus Bowie 30 Max Noise Cancelling Headphones. The extended battery life ensures that your headphones adapt to use on long journeys, outdoor treks, and other time-consuming activities. Baseus understands the frustration of a low battery on a long trip, so we’ve also ensured that your Bowie 30 headphones give you 14 hours of playtime with a quick 10-minute charge – giving you less time to wait and more time to play.

Foldable and Compact Design: The Baseus Bowie 30 Max Noise Cancelling Headphones are designed for efficiency and portability. The compact, foldable, and 120° rotatable earcups make the headphones ideal for storage and traveling while the unique and customizable headband ensures a comfortable fit with soft ear cushions to give you easier extended wear. The Bowie 30 max headphones also use a monaural fold design to ensure lightweight and functional ease.

Baseus is dedicated to providing enhanced and innovative products that entertain users while ensuring peak comfort, immersive sound, and amplified audio engineering. At Baseus, boundaries are always being pushed to create a simpler and more convenient lifestyle for users. The Baseus Bowie 30 Max Noise Cancelling Headphones are a clear example of – and step towards – technology that redefines sound excellence as something seamless, affordable, and inherent in every Baseus product.

Availability：

The Baseus Bowie 30 Max ANC Headphones will launch an Early Bird event on the Baseus website starting September 25th at an MSRP of $99.99.

From September 25th to October 1st, the headphones will be available at a special price of $51.99, followed by a price of $55.99 from October 2nd to October 7th.

They will be available on Amazon.com starting October 8th, and on Amazon UK and Europe from October 15th.

About Baseus

Founded in 2011, Baseus was born out of utmost care for users. The company embodies its slogan: Practical. Reliable. Base on User. This shows the pursuit of ultimate practicality to solve users’ problems with outstanding design and fashionable appearances that also reflect reliability, high quality, and cost-effectiveness. Baseus delivers a variety of products – including Portable Chargers, Desktop Chargers, Wall Chargers, Wireless Earbuds, and Docking Stations. Chosen by 300 million users and providing 6 billion services, Baseus delivers over 100 million practical and aesthetic products each year, continuously enhancing users’ sense of fulfillment. Join the Baseus family today to see a new world of technological innovation.

Media Contact:
Name: Baseus PR Team
Phone: +1 (213) 512-7063
Email: pr@baseus.com
Baseus Technology (HK) Co., Ltd

 

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SOURCE Baseus Technology (HK) Co., Ltd

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