May 14, 2012 - BUSINESS WIRE -- TechNavio predicts 22% compound annual growth rate (CAGR) for micro electro mechanical system (MEMS) microphones from 2011 to 2015, mainly due to the shrinking form factor of these devices. The global MEMS microphone market is also reaching emerging applications in the healthcare segment, outside of its core application area in consumer electronics.
MEMS microphones are smaller in size with more functionality than traditional electret condenser microphones (ECMs). MEMS microphone vendors are focusing on reducing the size even more with improved manufacturing and packaging technologies. Key vendors dominating this market space include AAC Technologies Holdings Inc., Akustica Inc., Analog devices Inc., and Knowles electronics Inc.
In addition to size, MEMS microphones offer robustness and low power consumption, enabling high-quality output at a more efficient operation.
MEMS microphones still carry a high cost, prohibiting growth in cost-sensitive areas, or applications where the increase in microphone performance is not enough of a differentiator to justify the higher bill of materials (BOM) cost.
Also read: Digital MEMS microphones to overtake analog
MEMS microphones are being designed into healthcare applications from blood flow monitors to heartbeat and lung function monitors, thanks to improvements in MEMS microphones, TechNavio reports.
Research and Markets has announced the addition of the "Global MEMS Microphone Market 2011-2015" report from TechNavio to their offering. Access the report here: http://www.researchandmarkets.com/research/5l9lzt/global_mems_microp