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Car Microphone Market Size

Report ID: GMI5924
Published Date: Jun 2023
Report Format: PDF

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Car Microphone Market Size

Car Microphone Market size surpassed USD 850 million in 2022 and is anticipated to grow at 3.5% CAGR from 2023 to 2032. The automotive industry is experiencing a rapid expansion in in-vehicle connectivity such as telematics, Vehicle-to-Vehicle (V2V) communication, and in-car internet connectivity. Automotive microphones play an important role in car audio, providing voice communication & control in a connected car. Furthermore, the development of connected car technology is increasing the product demand.

Car Microphone Market

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The scarcity of semiconductors is resulting in production obstacles for car microphone manufacturers. With reduced access to essential components, manufacturers may struggle to meet the demand for car microphone systems, leading to potential supply shortages. This can impact the overall growth potential of the market and hinder the ability to fulfill customer orders.

Car Microphone Market Report Attributes
Report Attribute	Details
Base Year:	2022
Car Microphone Market Size in 2022:	USD 850 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	3.6%
2032 Value Projection:	USD 1.2 Billion
Historical Data for:	2018 - 2022
No. of Pages:	250
Tables, Charts & Figures:	528
Segments covered:	Sales Channel, Technology, Application, Car Type
Growth Drivers:	Growing integration of infotainment systems Increasing adoption of Bluetooth technology Integration with voice recognition and artificial intelligence Rise in connected car technologies Regulatory requirements
Pitfalls & Challenges:	Shortage of semiconductor Compatibility and integration challenges

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Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of car microphone crossed USD 850 million in 2022 and will register 3.5% CAGR during 2023 to 2032, led by the rapid acceptance of in-vehicle connectivity such as telematics, Vehicle-to-Vehicle (V2V) communication, and in-car internet connectivity, which is increasing the product demand.

In-car entertainment segment will witness significant growth rate of over 4% from 2023 to 2032, backed by the rising consumer demand for enhanced vehicle entertainment options.

Asia Pacific held over 35% of the global industry share in 2022 and will continue growing driven by technological advancements in the automotive sector, in consort with growing urbanization, rising disposable income and improved standard of living that is fueling the demand for luxury cars.

AAC Technologies, Akustica, Blaupunkt GmbH, Brüel & Kjær, CUI Devices, DB Unlimited, Goertek Inc., Harman International, Inc., Hosiden Corporation, Infineon Technologies, Kingstate Electronics Corp., Knowles Electronics, LLC., PUI, Audio, STM Microelectronics, and TDK Invense.