Smartphone Micro Electronic-Acoustics Market By Type (Microphone, Speaker, and Receiver), By Application (5G Smartphone and 3G/4G Smartphone), Industry Trends, Estimation & Forecast, 2023-2030

Market Overview

Microelectronic acoustics are fitted inside Smartphones and mobile devices to work as microphones, receivers, and speakers, enabling undistorted audio functioning with clear sound quality over an extended period. The electrodynamic audio acoustic products often run on MEMS (Micro Electromechanical Systems) and CMOS (Complementary Metal Oxide Semiconductor) technologies, embedded in the Smartphone substrate for miniaturization and space optimization.

Market Dynamics

The rapid sale of Smartphones around the globe and rising consumer interest for improved acoustic experience are the primary factors driving the market growth. The extensive use of acoustic products in Smartphones has enabled dynamic sound clarity optimized for a specific volume, ensuring rich audio experience across all Smartphone products. The rising consumer expectation for high-quality audio performance from their mobile devices has compelled manufacturers to continuously achieve heightened product performance over restricted space, which in turn has improved the integration of microelectronic products in Smartphones for acoustic applications. The promising sale volume of various Smartphone brands in several countries around the globe has radically enhanced the demand for acoustic microelectronic product integration in such devices, enabling continued growth of the market. However, a high prevalence of low-quality, cheap substitutes might hamper market growth. The flooding of low-cost acoustic products that achieve tolerable audio clarity for a limited time, but cannot sustain the high performance over the long run, might hinder the growth prospects of the market in due time. The shift in consumer interest towards low-performing cheap substitutes would prove detrimental to the market growth. The increasing product innovation leading to improved performance would provide lucrative opportunities for the market in the coming years. The intense competitiveness among Smartphone brands for enriched audio and sound quality would compel microelectronic manufacturers to improve product performance while occupying minimal mobile space, offering key market vendors with new possibilities of business expansion over the forecast period.

Market Segmentation

The global Smartphone Micro Electronic-Acoustics market is mainly classified based on Type and Application. Type is segmented into Microphone, Speaker, and Receiver. By Application, the market is divided into 5G Smartphone and 3G/4G Smartphone.

The Speaker segment by Type would hold a considerable share in terms of overall market volume owing to the incorporation of multiple microelectronic acoustic products for enhancement of audio quality of Smartphone speakers. Additionally, the rising consumer interest to purchase Smartphones with multiple speaker systems that would offer an improved sound quality at high volume levels would ensure continued segment growth during the forecast period.

In terms of volume, the 3G/4G Smartphone Consumption by Application is expected to garner 4,584.6 Million Units; growing at a CAGR of 4.2% during forecast period. The extensive consumer interest towards the purchasing of 4G Smartphones with better sound and network attributes would be the primary factor for the continued segment growth. Additionally, the innovation in product performance for budget Smartphones in the 3G/4G category would improve the prospects of the segment growth in the coming years.

Regional Analysis

Based on geography, the global Smartphone Micro Electronic-Acoustics market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, Russia, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

Asia-Pacific is a prominent region in terms of production volume owing to the presence of several manufacturing facilities of leading brands and companies, along with the establishment of the noteworthy infrastructure of raw materials procurement and logistics supply. The continued investments in the expansion of production capabilities for leading regional companies would further expand the market growth opportunities over the forecast period.
 
Competitive landscape

The Smartphone Micro Electronic-Acoustics market is moderately consolidated, with several key players operating with expansive manufacturing capabilities and extended global market reach. The ability of the global players to establish a comprehensive distribution network to even remote areas of emerging countries has further intensified the market competitiveness.

Key players operating in the Smartphone Micro Electronic-Acoustics industry include AAC Technologies Holdings Inc., Goertek Inc., Foster Electric Company, Limited, Knowles Corporation, Jiangsu Yucheng Electronic Co., Ltd., Gettop Acoustic Co., Ltd., Hosiden Corporation, BSE Co., Ltd., Cresyn Co., Ltd., and Meilu Industrial Co., Ltd.

The launch of new products after comprehensive technological development and expansion in global reach through strategic partnerships are the primarily followed business strategies of the key companies looking to capture substantial market share during the forecast period.

Smartphone Micro Electronic-Acoustics Market Key Segments

By Type
• Microphone
• Speaker
• Receiver

By Application
• 5G Smartphone
• 3G/4G Smartphone

Key Global Smartphone Micro Electronic-Acoustics Industry Players

• AAC Technologies Holdings Inc.
• Goertek Inc.
• Foster Electric Company, Limited
• Knowles Corporation
• Jiangsu Yucheng Electronic Co., Ltd.
• Gettop Acoustic Co., Ltd.
• Hosiden Corporation
• BSE Co., Ltd.
• Cresyn Co., Ltd.
• Meilu Industrial Co., Ltd.

Table of Content

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Smartphone Micro Electronic-Acoustics Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Rapid sale of Smartphones around the globe
3.3.2. Rising consumer interest for improved acoustic experience
3.4. Restraints
3.4.1. High prevalence of low-quality, cheap substitutes
3.5. Opportunity
3.5.1. Increasing product innovation leading to improved performance
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Microphone
4.2.1. Market Size & Forecast
4.3. Speaker
4.3.1. Market Size & Forecast
4.4. Receiver
4.4.1. Market Size & Forecast

5. Application Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. 5G Smartphone
5.2.1. Market Size & Forecast
5.3. 3G/4G Smartphone
5.3.1. Market Size & Forecast

6. Smartphone Micro Electronic-Acoustics Market Regional Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. North America Smartphone Micro Electronic-Acoustics Market
6.2.1. North America Market Size & Forecast, By Country
6.2.2. North America Market Size & Forecast, By Type
6.2.3. North America Market Size & Forecast, By Application
6.2.4. U.S.
6.2.4.1. Market Size and Forecast
6.2.5. Canada
6.2.5.1. Market Size and Forecast
6.2.6. Mexico
6.2.6.1. Market Size and Forecast
6.3. Europe Smartphone Micro Electronic-Acoustics Market
6.3.1. Europe Market Size & Forecast, By Country
6.3.2. Europe Market Size & Forecast, By Type
6.3.3. Europe Market Size & Forecast, By Application
6.3.4. Germany
6.3.4.1. Market Size and Forecast
6.3.5. France
6.3.5.1. Market Size and Forecast
6.3.6. UK
6.3.6.1. Market Size and Forecast
6.3.7. Italy
6.3.7.1. Market Size and Forecast
6.3.8. Russia
6.3.8.1. Market Size and Forecast
6.3.9. Rest of Europe
6.3.9.1. Market Size and Forecast
6.4. Asia-Pacific Smartphone Micro Electronic-Acoustics Market
6.4.1. Asia-Pacific Market Size & Forecast, By Country
6.4.2. Asia-Pacific Market Size & Forecast, By Type
6.4.3. Asia-Pacific Market Size & Forecast, By Application
6.4.4. Japan
6.4.4.1. Market Size and Forecast
6.4.5. China
6.4.5.1. Market Size and Forecast
6.4.6. Australia
6.4.6.1. Market Size and Forecast
6.4.7. India
6.4.7.1. Market Size and Forecast
6.4.8. South Korea
6.4.8.1. Market Size and Forecast
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast
6.5. South America Smartphone Micro Electronic-Acoustics Market
6.5.1. South America Market Size & Forecast, By Country
6.5.2. South America Market Size & Forecast, By Type
6.5.3. South America Market Size & Forecast, By Application
6.5.4. Brazil
6.5.4.1. Market Size and Forecast
6.5.5. Argentina
6.5.5.1. Market Size and Forecast
6.5.6. Rest of South America
6.5.6.1. Market Size and Forecast
6.6. Middle East & Africa Smartphone Micro Electronic-Acoustics Market
6.6.1. Middle East & Africa Market Size & Forecast, By Country
6.6.2. Middle East & Africa Market Size & Forecast, By Type
6.6.3. Middle East & Africa Market Size & Forecast, By Application
6.6.4. GCC Countries
6.6.4.1. Market Size and Forecast
6.6.5. Egypt
6.6.5.1. Market Size and Forecast
6.6.6. South Africa
6.6.6.1. Market Size and Forecast
6.6.7. Rest of Middle East & Africa
6.6.7.1. Market Size and Forecast

7. Company Profile
7.1. AAC Technologies Holdings Inc.
7.1.1. Company Basic Information, Manufacturing Base, Sales Area, and Its Competitors
7.1.2. AAC Technologies Holdings Inc. Product Category, Application, and Specification
7.1.3. AAC Technologies Holdings Inc. Financial Performance (2015-2019)
7.1.4. Main Business/Business Overview
7.2. Goertek Inc.
7.3. Foster Electric Company, Limited
7.4. Knowles Corporation
7.5. Jiangsu Yucheng Electronic Co., Ltd.
7.6. Gettop Acoustic Co., Ltd.
7.7. Hosiden Corporation
7.8. BSE Co., Ltd.
7.9. Cresyn Co., Ltd.
7.10. Meilu Industrial Co., Ltd.