Microelectromechanical System (MEMS) Market by Type (Sensors, & Actuators), and Application (Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare, and Telecommunication, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026

  • Report ID : 107111
  • Category : IoT and Automation
  • Pages : 182
  • Reporting status : Published Oct, 19
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  • Description
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  • Research Methodology
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The  micro-electromechanical  systems  (MEMS)  technology  includes  very  small,  moving  mechanical  parts,  and  electrical  components.  This  technology  is  used  to  fabricate  sensors  such  as  accelerometers,  gyroscopes,  digital  compasses,  inertial  modules,  pressure  sensors,  humidity  sensors,  and  microphones.  The  MEMS  technology  holds  the  largest  share  in  the  overall  sensor  market  across  the  globe.  The  implementation  of  sensors  made  with  MEMS  technology  in  consumer  electronic  devices  is  another  factor  that  boosts  the  market  growth.

The  automotive  companies  such  as  Audi,  BMW,  and  Volkswagen,  extend  their  R&D  budgets  every  year  to  stay  ahead  in  the  competition.  These  vehicle  manufacturing  companies  are  increasing  the  number  of  MEMS  sensors  used  in  their  vehicles  to  make  them  more  comfortable  and  increase  the  overall  automation.  The  rise  in  demand  for  automation  in  vehicles,  high  competition  in  the  automotive  industry,  surge  in  demand  for  electric  cars  to  control  pollution,  and  increase  in  trend  of  driverless  cars  are  a  few  prime  factors  that  fuel  the  demand  for  sensors  in  the  automotive  industry  across  the  globe  and  a  high  growth  rate  is  ensured  during  the  forecast  period.

Factors  such  as  growth  in  demand  for  smart  consumer  electronics,  emerging  trends  in  automation  industry,  and  increasing  popularity  of  IoT  in  semiconductor  has  boosted  the  growth  of  the  global  MEMS  market.  However,  lack  of  standardized  fabrication  process  for  MEMS  and  incorporation  of  sensor  in  devices  incurs  extra  value  and  reduces  life  of  device  hamper  the  market  growth.  Furthermore,  emerging  trends  toward  autonomous  vehicles  and  increase  in  adoption  of  wearable  devices  and  innovative  application  in  biomedical  sector  are  expected  to  offer  lucrative  opportunities  for  market  expansion.

The  global  microelectromechanical  (MEMS)  market  is  analyzed  by  type,  industry  vertical,  and  region.  Based  on  type,  the  market  is  analyzed  across  sensors  and  actuators.  The  sensor  type  is  further  bifurcated  into  accelerometers,  gyroscopes,  magnetometers  pressure  sensor,  optical  sensors,  environment  sensors,  and  ultrasonic  sensors.  Further,  the  actuators  type  is  further  sub-segmented  into,  optical  MEMS,  microfluidics,  RF  MEMS,  and  Others.  On  the  basis  of  industry  vertical,  the  market  is  divided  into  consumer  electronics,  automotive,  industrial,  aerospace  &  defense,  healthcare,  and  telecommunication.  Based  on  region,  it  is  analyzed  across  North  America,  Europe,  Asia-Pacific,  and  LAMEA  along  with  their  prominent  countries.

The  key  players  profiled  in  the  report  include  Panasonic  Corporation,  Robert  Bosch  GmbH,  STMicroelectronics  N.V.,  Texas  Instruments,  Analog  Devices  Inc.,  Broadcom,  Denso  Corporation,  HP  Inc.,  NXP  Semiconductors,  and  Knowles  Corporation.

These  key  players  have  adopted  strategies,  such  as  product  portfolio  expansion,  mergers  &  acquisitions,  agreements,  geographical  expansion,  and  collaborations  to  enhance  their  market  penetration.

• This  study  includes  the  analytical  depiction  of  the  global  MEMS  market  along  with  the  current  trends  and  future  estimations  to  determine  the  imminent  investment  pockets.

• The  report  presents  information  regarding  the  key  drivers,  restraints,  and  opportunities.

• The  current  market  is  quantitatively  analyzed  from  2019  to  2026  to  highlight  the  financial  competency  of  the  industry.

• Porter’s  five  forces  analysis  illustrates  the  potency  of  the  buyers  and  suppliers  in  the  industry.

• Sensors
o Inertial  Sensors  (Accelerometers,  Gyroscopes,  Magnetometers)
o Pressure  Sensors
o Optical  Sensors
o Environment  Sensors
o Ultrasonic  Sensors
• Actuators
o Optical  MEMS
o Microfluidics
o Others  (Microspeakers,  Ultrasonic  Finger  Prints)
• Consumer  Electronics
• Automotive
• Industrial
• Aerospace  &  Defense
• Healthcare
• Telecommunication
• Others
• North  America
o U.S.

o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Russia
o Rest  of  Europe
• Asia-Pacific
o China
o Japan
o India
o South  Korea
o Rest  of  Asia-Pacific
o Latin  America
o Middle  East
o Africa


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