Micro Speaker Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Includes Global Micro Speaker Components and the Market is Segmented by application (Consumer Electronics, Automotive, Manufacturing Industries), and Geography (North America, Europe, Asia Pacific, Rest of World). The market sizes and forecasts are provided in terms of value in USD for all the above segments.

Micro Speaker Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Microspeaker Industry Overview

The microspeaker market is highly fragmented, as changing consumer demands are pushing companies to innovate in the space to attract more consumers. The competition in this market has intensified over the years, with companies launching a multitude of products owing to the increasing trend of miniaturization. Moreover, the market has many local players, in order to withstand competition from these players the prominent players are investing in research and development activities.

January 2020 - Goertek Inc., Ltd. planned to showcase a series of cutting-edge acoustic, optical and electronic smart hardware at the 53rd International Consumer Electronics Show (CES). Goertek plans to showcase many true wireless stereo (TWS) headsets with active noise reduction and new generation 5 ATM waterproof, super balance micro speakers (SBS) with enhanced sound quality. Furthermore, the company plans to display smart speakers with a screen that supports face and gesture recognition as well as other high-performance intelligent sound reproduction equipment.

Microspeaker Market Leaders

  1. AAC Technologies

  2. PUI Audio Inc.

  3. BSE Co. Ltd.

  4. Cirrus Logic, Inc.

  5. ESTec Co. Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Microspeaker Market Concentration