Global Balanced Armature Receiver
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Balanced Armature Receiver Market size will be $1,110.22 Million by 2028. Balanced Armature Receiver Industry's Compound Annual Growth Rate will be 3.64% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Balanced Armature Receiver Market size will be $1,110.22 Million by 2028. Balanced Armature Receiver Industry's Compound Annual Growth Rate will be 3.64% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Balanced Armature Receiver Market Sales Revenue 2028 | $ 1110.22 Million |
Global Balanced Armature Receiver Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.64% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Balanced Armature Receiver Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A balanced armature receiver is a multi-physics device in which the electromagnetic and mechanical domains are coupled. Various distinct audio receiver technologies are used to convert electrical signals into acoustic signals. The newer and smaller balanced armature receiver also known as a driver type is among them.
The armature (a metal strip) is sandwiched between two magnets and encircled by a coil. Between two magnets, the armature point is precisely centered (balanced armature). The armature is put in motion by current flowing through the coil, which injects flux into it. The membrane is moved by a driving pin linked to the armature on one end and produces sound on the other end.
The advantages of a balanced armature (BA) receiver include its small size and good sound quality, which appeal to today's trend of mobility and superior acoustics. In situations where efficiency (battery life) and size are essential considerations, balanced armature receivers are the favored technology.
A balanced armature receiver's most prevalent application is in hearing aids. The balanced-armature receiver can also be found in in-ear earbuds, security headsets, speakerphones, and pacemakers, in addition to hearing aids. There are two types of these: dual and single.
It is widely used in consumer electronics, the medical health field, military security, and many other applications. Currently, with the geriatric population, there is high demand for hearing aid which can increase the demand for balanced armature receivers.
People over the age of 65 are considered old. With the growing aging population, some health issues are projected to provide a burden to the healthcare system. Hearing loss is one of the most common health problems that many seniors suffer. It is one of the most typical problems that older and elderly people face.
Hearing loss affects one out of every three adults in the United States between the ages of 65 and 74, and nearly half of those over 75 have difficulties hearing. According to NHIS data, 41 percent of males and 27 percent of women over the age of 60 have hearing loss. Hearing problems are becoming more common as the population ages.
According to the United Nations' World Population Prospects 2019 (UN, 2019), by 2050, one in every six persons in the world will be over the age of 65, up from one in every eleven in 2019. Disabling hearing loss affects 164.5 million people over the age of 65, accounting for 33 percent of the world's population. It also affects around one-third of those over the age of 65.
Disabling hearing loss is most common in those over 65 years old in Sub-Saharan Africa, Asia Pacific, and South Asia. Overall, the prevalence of debilitating hearing loss rises with age. To address this hearing impairment, more people are opting for hearing aids, which increases the demand for balanced armature receivers.
Hearing aids are the most typical used for a balanced armature receiver. The microphone in hearing aids captures sound pressure, causing its membrane to vibrate. These vibrations are physically conveyed and transformed into an electrical signal before being sent to the hearing aid amplifier/DSP.
According to the National Health Interview Survey, 7.5 million persons aged 60 and overuse hearing aids. Hearing aid use rises with age in the United States. According to NHIS statistics from 2018, about 5% of individuals in their 50s wear hearing aids, but that figure climbs to roughly 24% among persons in their 80s. As the number of people who use hearing aids grows, so does the need for balanced armature receivers.
Hence, the rising geriatric population propels the growth of the balanced armature receiver market growth.
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Knowles Electronics, LLC. is a manufacturer and provider of advanced micro-acoustic microphones and speakers, audio processing, and precision device solutions. The products of the company are segmented into microphones, BA receivers, hearing health components, precision devices, smart microphones, audio processors, and others. Microphones include automotive-grade SiSonic MEMS microphones, Boom, SiSonic surface mount MEMs microphones, and others.
Knowles Corporation, a market leader and global provider of advanced micro-acoustic microphones, speakers, audio solutions, high-performance capacitors, and RF products, announced the RAQ, a new medium-power balanced armature receiver developed for high-volume hearing health and TWS products.
Knowles Partners with Ole Wolff to Deliver Compact Hybrid Driver for TWS Earphones with HD Audio and ANC Knowles Corporation, and Ole Wolff, a manufacturer of high-quality speakers, receivers, and provider of acoustic system integration, announced the result of their cooperation to improve the comfort and performance of True Wireless Stereo (TWS) earphones with high-definition audio and active noise cancellation (ANC).
Molex provides advanced connectivity at scale with advanced manufacturing capabilities. The company focuses on 5G, data center, connected health, home, and mobility solutions. The company offers a diverse range product portfolio, which includes 3D advanced packaging, connecter, sockets, antennas, cables, busbars, cable assemblies, printed circuit solutions, optical solutions, fiber guide fiber optic assemblies, sensor solutions and other. The products used across 5G, consumer, commercial aviation, commercial vehicle, connected home, telecommunication, infrastructure, networking and other.
Molex is engaged in a distribution agreement with Wesco. This distribution agreement expanded their product line in North America and Europe and delivers high-value solutions to machine builders, robot manufacturers and electrical infrastructure engineers in the market.
Top Companies Market Share in Balanced Armature Receiver Industry: (In no particular order of Rank)
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Global Balanced Armature Receiver Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Balanced Armature Receiver Industry growth. Balanced Armature Receiver market has been segmented with the help of its Type, Application , and others. Balanced Armature Receiver market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Dual Revenue is estimated in Balanced Armature Receiver market to reach USD 534.17 Million by 2028.
The use of dual receivers reduces vibration and helps to avoid feedback. Vibration is reduced by using two receivers, but efficiency and cost are compromised. The vibration patterns of the dual receivers cancel each other out, allowing the designers to drive the receiver harder before the vibrations are picked up by the microphone(s) and provide feedback
The single receiver offers maximum efficiency with no vibration reduction. In comparison to the dual receiver, a single full-size balanced armature receiver is less costly to manufacture.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Balanced Armature Receiver Industry. Request a Free Sample PDF!
The Consumer Electronics Revenue in Balanced Armature Receiver market is anticipated to reach USD 567.35 Million by 2028.
A balanced armature receiver is used in consumer electronics like earphones, headphones, Speakerphones, and accessory boxes. For balanced armature speakers, these receivers and speakers are the recommended choice in the professional audio industry. Balanced armature earbuds are an option for anybody looking for a superior, immersive sound experience from their smartphone, MP3 player, or another portable audio device. The precision, clarity, and realism that balanced armature technology delivers can greatly improve music, films, and even phone calls.
A balanced armature receiver is extensively used in hearing aids and pacemakers. They're small and light, and they provide more output with less energy. For years, hearing aid manufacturers have leveraged the same benefits, and now new active hearables do as well.
Military and security headsets use balanced armature receivers. Because these headsets were built for military usage, the quality of manufacture is excellent. The sealed balanced armature elements are difficult to open. The sub-miniature drivers feature advanced noise-reducing options and improved durability.
Balanced armature is used in traffic infrastructure projects and micro-tunneling activities. It is also used in the mining industry to overcome the noise caused by mining activities.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Balanced Armature Receiver market report 2024 Edition by contacting our team.
Region and country analysis section of Balanced Armature Receiver Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Balanced Armature Receiver market.
The current report Scope analyzes Balanced Armature Receiver Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | Dual, Single, Others |
Application | Consumer Electronics, Medical health field, Military Securiy, Others |
List of Competitors | Knowles, Sonion, Bellsing, SYT Audio, Sony Corpration, Molex, Crillon |
This chapter will help you gain GLOBAL Market Analysis of Balanced Armature Receiver. Further deep in this chapter, you will be able to review Global Balanced Armature Receiver Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Balanced Armature Receiver Market Trends North America Balanced Armature Receiver Technological Road Map North America Balanced Armature Receiver Market Drivers North America Balanced Armature Receiver Market Restraints North America Balanced Armature Receiver Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Balanced Armature Receiver market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Dual have a significant impact on Balanced Armature Receiver market? |
What are the key factors affecting the Dual and Single of Balanced Armature Receiver Market? |
What is the CAGR/Growth Rate of Consumer Electronics during the forecast period? |
By type, which segment accounted for largest share of the global Balanced Armature Receiver Market? |
Which region is expected to dominate the global Balanced Armature Receiver Market within the forecast period? |
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