Microphone Array Market Scope
Microphone arrays are considered highly advanced tools that improve speech quality. The microphone array provides high-quality enhancement by focusing on reducing interference and also enhance the captured sound. The microphone array overcomes the challenges faced by the single microphone including a reduction in noise and reverberation without a post-processing solution. The growing development in demand for multiple microphones for strong communication in the era of connected devices and high adoption of the microphones across various industries is generating huge growth potential in the coming years. Microphone arrays are gaining huge popularity in the audio industry because of the dynamic surround sound recording that they allow. There is exactly no end or range to the number of microphones that they can use and how the sounds are synchronized to create a dynamic recording. Some of the commercial audio devices are opting for a huge number of microphones to form a listening beam that locates and directs to record speech. As new microphone arrays are available in the market to meet growing demand from the applications made, users can only expect them to pick up more speed and carry more load in the microphone market.
The Microphone Array market study is segmented by Type (Ceiling Microphone Array, Table Microphone Array and Ceiling & Table Microphone Array), by Application (Automotive and Meeting Spaces and Conference Rooms) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Microphone Array market throughout the predicted period.
XMOS (United Kingdom), Shure (United States), Acoustic Magic (United States), ClearOne Inc. (United States), Andrea Electronics (United States), GRAS Sound & Vibration (Denmark), MTS Systems Corporation (United States), Plantronics, Inc. (United States), TOA Corporation (Japan) and Phoenix Audio Technologies (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Beyerdynamic GmbH & Co. KG (Germany) and Transtron Inc. (Japan).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Microphone Array market by Type, Application and Region. On the basis of Type, Table Microphone Array are dominating the market in the year 2020 where as Ceiling Microphone Array stood as second largest market share.
On the basis of geography, the market of Microphone Array has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2020. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
In Mar 2020, TOA Corporation has resolved at its Board of Directors meeting held on March 13, 2020, to acquire additional shares of consolidated subsidiary TOA ELECTRONICS PTE LTD and make it a wholly-owned subsidiary. While TOA ELECTRONICS PTE LTD is an existing consolidated subsidiary of the Company, it will be made a wholly-owned subsidiary to expand the Asia & Pacific business through further accelerating decision-making and promoting a ďlocal production, local consumptionĒ operational strategy.
In Aug 2020, XMOS has announced new firmware variants, supporting USB and built-in applications of its XVF3510 voice processor. It is designed to address the rapidly evolving demands of the far-field voice market. Additionally, in Jun 2020, Sure has launched MXA710 Linear Array Microphone. It is designed for high-quality audio capture in premium AV conferencing environments. This will Expands Microflex Advance Array Microphone Portfolio.
- High Adoption of Digital Microphone Array
- Rapid Acceptance of MEMS Microphone Arrays
- The microphone array is having an array of microphones that is able to pick up the userís voice from any direction, this is a major reason behind its rapid adoption. These microphone arrays allow the device to form a narrow audio band to pick up the userís command in its direction while effectively ignoring the noise from every other direction making reliable communication possible.
- Development in Home Automation, and other Industrial Applications
- Growing Demand from the Video Conferencing Systems and Hearing Aids
- The Slowdown in Economy Because of COVID-19 Pandemic
- Fluctuation in Cost of Raw Materials
Frequently asked questions:1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Microphone Array Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.
3. What is expected growth rate?
According to AMA, the Global Microphone Array market is expected to see growth rate of 7.99%.