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    Microphone Array Market Growth, Trends, Dynamics & Market Insights: 2021-2026
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    Market Insights

    A microphone array may be a microphone device that functions a bit like an everyday microphone, but rather than having just one microphone to record sound input, it's multiple microphones (2 or more) to record sound. The microphones within the array devices work together to record sound simultaneously. they'll be developed to possess as many microphones in them as wanted or needed to record sound output.

    Significant adoption of next-gen consumer electronics is a key factor driving product demand. Many consumer devices, such as tablets, smartphones, and smartwatches have microphones embedded in them, thus increasing the market growth. Also, the rising deployment of microphones in industrial sectors for a long time for communication and voice applications further augment the industry's growth. In addition, the surging demand for advanced and distant speech recognition has increased due to the growing trend of virtual conferencing and seminars offering ample opportunities to the market players.

    The COVID-19 outbreak has moderately affected the microphone array industry. This is mainly due to soaring coronavirus cases, the implementation of stringent lockdown measures, and limited movement of people to curb the spread of the virus. The low demand for consumer electronic devices owing to lockdown measures had a global impact on the microphone market. Owing to the worsening pandemic situation, the market dynamics have changed to a great extent. The nations’ lockdown and other government restrictions are affecting economies over the globe.

    Key Players

    Key players operating in the microphone array market are-

    • Andrea Electronics (US)
    • GRAS (Denmark)
    • XMOS Ltd (UK)
    • PCB Piezotronics (US)
    • Acoustic Magic (US)
    • Phoenix Audio Technologies (US)
    • ClearOne (US)
    • Polycom, Inc. (US)
    • Shure (US)
    • Beyerdynamic (Germany).

    Segment's Analysis

    Application Trends

    The microphone array market is categorized into automotive and meeting spaces & conference rooms. The automotive segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. The growing integration of mobile hands-free features in vehicles spurs the demand for microphone arrays in the automotive sector. Microphone arrays enable to reduce environmental noise and increase speech recognition accuracy, thereby bolstering the segment growth.

    Regional Trends

    The Asia Pacific market accounted for a significant share in 2020 and is expected to grow at the highest CAGR in the following years. This is mainly ascribed to the strong presence of consumer electronics and semiconductor companies in South Korea, China, Taiwan, and Japan. Also, The widespread production of automotive vehicles in the region as well as increasing demand for advanced technology majorly in passenger cars further proliferates the regional market growth.

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    Target Audience

    Here is the list of the group of customers that the market hopes to have the greatest opportunity to convert-

    • Distributors
    • Suppliers
    • Manufacturers
    • Logistics organizations
    • Government bodies

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What deliverables will you get in this report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the Microphone Array Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional and country level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Andrea Electronics (US), GRAS (Denmark), XMOS Ltd (UK), PCB Piezotronics (US), Acoustic Magic (US), Phoenix Audio Technologies (US), ClearOne (US), Polycom, Inc. (US), Shure (US), and Beyerdynamic (Germany) are among the key players in the microphone array market.

    Significant adoption of next-gen consumer electronics is the key factors driving the growth of microphone array market.

    The automotive segment is expected to register a healthy CAGR in the microphone array market in the coming years.

    Asia-pacific is expected to grow at the highest CAGR in the microphone array market during the forecast period.