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Global Microelectromechanical Systems (MEMS) market is anticipated to witness rapid growth through 2026 as this technology is finding huge application in consumer electronic devices like tablets and smart phones. There is a growing demand for Microelectromechanical Systems (MEMS) from other sectors as well including automotive, industrial, and healthcare. Furthermore, launch of new automotive devices like accelerometers, gyroscope and pressure sensor are fueling the growth of global Microelectromechanical Systems (MEMS) market. Also, growing demand for motion sensors, microphones, and light sensors for IoT devices are supporting the growth of this market.Speak directly to the analyst to clarify any post sales queries you may have.
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Microelectromechanical Systems (MEMS) is a technology which is used to create tiny integrated devices that combine mechanical and electrical components. This technology possesses the potential to revolutionize both industrial and consumer products by combining silicon-based microelectronics with micromachining technology. With shifting focus of electronics industry from traditional sensors to MEMS technology, the global Microelectromechanical Systems (MEMS) market is expected to undergo substantial growth during the forecast period.
Global Microelectromechanical Systems (MEMS) market can be segmented based on product type, material, application and region. Based on application, the market is segmented into consumer electronics, automotive, industrial, aerospace & defense, healthcare, telecommunication and others. Among them, the consumer electronics application expected to undergo fastest growth during the forecast period owing to growing application of microelectromechanical systems in electronics devices such as smartphones, tablets, and laptops.
Regionally, Asia Pacific serves as the largest market for Microelectromechanical Systems (MEMS) owing to thriving automotive and electronics sector in the region, For instance, increasing miniaturization and communication capabilities in automobiles sector in Japan is making the country a lucrative market for Microelectromechanical Systems (MEMS) companies.
Major companies operating in global Microelectromechanical Systems (MEMS) market include Panasonic Corporation, STMicroelectronics N.V., Texas Instruments, Analog Devices Inc., Broadcom, Denso Corporation, NXP Semiconductors, Knowles Corporation, Asahi Kasei Microdevices Corporation (AKM), Taiwan Semiconductor Manufacturing Co. Ltd., TE Connectivity Corp, Sensata Technologies, Inc., Honeywell International, Inc., Murata Manufacturing Company Ltd. and Robert Bosch GmbH, among others. Key growth strategies being undertaken by market leaders include partnerships and strategic investments.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study:
- To analyze and forecast the market size of global Microelectromechanical Systems (MEMS) market.
- To forecast global Microelectromechanical Systems (MEMS) market based on product type, material, application, company and regional distribution.
- To identify drivers and challenges for global Microelectromechanical Systems (MEMS) market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global Microelectromechanical Systems (MEMS) market.
- To identify and analyze the profile of leading players operating in the global Microelectromechanical Systems (MEMS) market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of Microelectromechanical Systems (MEMS) companies across the globe. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the companies which could not be identified due to the limitations of secondary research.
The publisher calculated global Microelectromechanical Systems (MEMS) market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used.
Key Target Audience:
- Microelectromechanical Systems (MEMS) manufacturers/companies/partners, suppliers/distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, industry associations, forums and alliances related to Microelectromechanical Systems (MEMS)
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Microelectromechanical Systems (MEMS) manufacturing companies, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global Microelectromechanical Systems (MEMS) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Global Microelectromechanical Systems (MEMS) Market, By Product Type
- Sensors
- Inertial Sensor
- Accelerometers
- Magnetometers
- Gyroscope
- Combo Sensor
- Pressure Sensor
- Microphone
- Optical Sensor
- Actuators
- Optical
- Microfluidics
- Piezoelectric
- Others
Global Microelectromechanical Systems (MEMS) Market, By Material
- Silicon
- Polymers
- Metals
- Ceramics
Global Microelectromechanical Systems (MEMS) Market, By Application
- Consumer Electronics
- Automotive
- Industrial
- Aerospace & Defense
- Healthcare
- Telecommunication
- Others
Global Microelectromechanical Systems (MEMS) Market, By Region
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global Microelectromechanical Systems (MEMS) market.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.
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Table of Contents
1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Microelectromechanical Systems (MEMS) Market4. Executive Summary5. Voice of Customer13. Market Trends & Developments15. Strategic Recommendations16. About the Publisher & Disclaimer
6. Global Microelectromechanical Systems (MEMS) Market Outlook
7. Asia-Pacific Microelectromechanical Systems (MEMS) Market Outlook
8. Europe Microelectromechanical Systems (MEMS) Market Outlook
9. North America Microelectromechanical Systems (MEMS) Market Outlook
10. South America Microelectromechanical Systems (MEMS) Market Outlook
11. Middle East and Africa Microelectromechanical Systems (MEMS) Market Outlook
12. Market Dynamics
14. Competitive Landscape
Companies Mentioned
- Panasonic Corporation
- STMicroelectronics N.V.
- Texas Instruments
- Analog Devices Inc.
- Broadcom
- Denso Corporation
- NXP Semiconductors
- Knowles Corporation
- Asahi Kasei Microdevices Corporation (AKM)
- Taiwan Semiconductor Manufacturing Co. Ltd.
- TE Connectivity Corp.
- Sensata Technologies, Inc.
- Honeywell International, Inc.
- Murata Manufacturing Company Ltd.
- Robert Bosch GmbH