Microelectromechanical System Market By Type, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: MICROELECTROMECHANICAL SYSTEM (MEMS) MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Sensors
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.2.4 Sensors Microelectromechanical System (MEMS) Market by Sensors Type
4.3 Actuators
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.3.4 Actuators Microelectromechanical System (MEMS) Market by Actuators Type

CHAPTER 5: MICROELECTROMECHANICAL SYSTEM (MEMS) MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Consumer Electronics
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Automotive
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Industrial
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Aerospace and Defense
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Healthcare
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country
5.7 Telecommunication
5.7.1 Key market trends, growth factors and opportunities
5.7.2 Market size and forecast, by region
5.7.3 Market analysis by country
5.8 Others
5.8.1 Key market trends, growth factors and opportunities
5.8.2 Market size and forecast, by region
5.8.3 Market analysis by country

CHAPTER 6: MICROELECTROMECHANICAL SYSTEM (MEMS) MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Type
6.2.3 North America Market size and forecast, by Application
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Type
6.2.4.1.2 Market size and forecast, by Application
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Type
6.2.4.2.2 Market size and forecast, by Application
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Type
6.2.4.3.2 Market size and forecast, by Application
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Type
6.3.3 Europe Market size and forecast, by Application
6.3.4 Europe Market size and forecast, by country
6.3.4.1 UK
6.3.4.1.1 Market size and forecast, by Type
6.3.4.1.2 Market size and forecast, by Application
6.3.4.2 Germany
6.3.4.2.1 Market size and forecast, by Type
6.3.4.2.2 Market size and forecast, by Application
6.3.4.3 France
6.3.4.3.1 Market size and forecast, by Type
6.3.4.3.2 Market size and forecast, by Application
6.3.4.4 Italy
6.3.4.4.1 Market size and forecast, by Type
6.3.4.4.2 Market size and forecast, by Application
6.3.4.5 Rest of Europe
6.3.4.5.1 Market size and forecast, by Type
6.3.4.5.2 Market size and forecast, by Application
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Type
6.4.3 Asia-Pacific Market size and forecast, by Application
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Type
6.4.4.1.2 Market size and forecast, by Application
6.4.4.2 Japan
6.4.4.2.1 Market size and forecast, by Type
6.4.4.2.2 Market size and forecast, by Application
6.4.4.3 India
6.4.4.3.1 Market size and forecast, by Type
6.4.4.3.2 Market size and forecast, by Application
6.4.4.4 South Korea
6.4.4.4.1 Market size and forecast, by Type
6.4.4.4.2 Market size and forecast, by Application
6.4.4.5 Rest of Asia-Pacific
6.4.4.5.1 Market size and forecast, by Type
6.4.4.5.2 Market size and forecast, by Application
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Type
6.5.3 LAMEA Market size and forecast, by Application
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Latin America
6.5.4.1.1 Market size and forecast, by Type
6.5.4.1.2 Market size and forecast, by Application
6.5.4.2 Middle East
6.5.4.2.1 Market size and forecast, by Type
6.5.4.2.2 Market size and forecast, by Application
6.5.4.3 Africa
6.5.4.3.1 Market size and forecast, by Type
6.5.4.3.2 Market size and forecast, by Application

CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments

CHAPTER 8: COMPANY PROFILES
8.1 Analog Devices Inc.
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 Broadcom Inc.
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 HP Inc
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 KNOWLES CORPORATION
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 NXP Semiconductors
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 Panasonic Corporation
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 Robert Bosch GmbH
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 STMicroelectronics
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Texas Instruments Inc.
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 DENSO CORPORATION
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments

List of Tables
Table 1. Global Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 2. Microelectromechanical System (Mems) Market, for Sensors, by Region, 2021-2031 ($Billion)
Table 3. Microelectromechanical System (Mems) Market for Sensors, by Country, 2021-2031 ($Billion)
Table 4. Global Sensors Microelectromechanical System (Mems) Market, by Sensors Type, 2021-2031 ($Billion)
Table 5. Microelectromechanical System (Mems) Market, for Actuators, by Region, 2021-2031 ($Billion)
Table 6. Microelectromechanical System (Mems) Market for Actuators, by Country, 2021-2031 ($Billion)
Table 7. Global Actuators Microelectromechanical System (Mems) Market, by Actuators Type, 2021-2031 ($Billion)
Table 8. Global Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 9. Microelectromechanical System (Mems) Market, for Consumer Electronics, by Region, 2021-2031 ($Billion)
Table 10. Microelectromechanical System (Mems) Market for Consumer Electronics, by Country, 2021-2031 ($Billion)
Table 11. Microelectromechanical System (Mems) Market, for Automotive, by Region, 2021-2031 ($Billion)
Table 12. Microelectromechanical System (Mems) Market for Automotive, by Country, 2021-2031 ($Billion)
Table 13. Microelectromechanical System (Mems) Market, for Industrial, by Region, 2021-2031 ($Billion)
Table 14. Microelectromechanical System (Mems) Market for Industrial, by Country, 2021-2031 ($Billion)
Table 15. Microelectromechanical System (Mems) Market, for Aerospace and Defense, by Region, 2021-2031 ($Billion)
Table 16. Microelectromechanical System (Mems) Market for Aerospace and Defense, by Country, 2021-2031 ($Billion)
Table 17. Microelectromechanical System (Mems) Market, for Healthcare, by Region, 2021-2031 ($Billion)
Table 18. Microelectromechanical System (Mems) Market for Healthcare, by Country, 2021-2031 ($Billion)
Table 19. Microelectromechanical System (Mems) Market, for Telecommunication, by Region, 2021-2031 ($Billion)
Table 20. Microelectromechanical System (Mems) Market for Telecommunication, by Country, 2021-2031 ($Billion)
Table 21. Microelectromechanical System (Mems) Market, for Others, by Region, 2021-2031 ($Billion)
Table 22. Microelectromechanical System (Mems) Market for Others, by Country, 2021-2031 ($Billion)
Table 23. Microelectromechanical System (Mems) Market, by Region, 2021-2031 ($Billion)
Table 24. North America Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 25. North America Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 26. North America Microelectromechanical System (Mems) Market, by Country, 2021-2031 ($Billion)
Table 27. U.S. Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 28. U.S. Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 29. Canada Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 30. Canada Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 31. Mexico Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 32. Mexico Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 33. Europe Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 34. Europe Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 35. Europe Microelectromechanical System (Mems) Market, by Country, 2021-2031 ($Billion)
Table 36. UK Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 37. UK Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 38. Germany Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 39. Germany Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 40. France Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 41. France Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 42. Italy Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 43. Italy Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 44. Rest of Europe Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 45. Rest of Europe Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 46. Asia-Pacific Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 47. Asia-Pacific Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 48. Asia-Pacific Microelectromechanical System (Mems) Market, by Country, 2021-2031 ($Billion)
Table 49. China Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 50. China Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 51. Japan Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 52. Japan Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 53. India Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 54. India Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 55. South Korea Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 56. South Korea Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 57. Rest of Asia-Pacific Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 58. Rest of Asia-Pacific Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 59. LAMEA Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 60. LAMEA Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 61. LAMEA Microelectromechanical System (Mems) Market, by Country, 2021-2031 ($Billion)
Table 62. Latin America Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 63. Latin America Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 64. Middle East Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 65. Middle East Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 66. Africa Microelectromechanical System (Mems) Market, by Type, 2021-2031 ($Billion)
Table 67. Africa Microelectromechanical System (Mems) Market, by Application, 2021-2031 ($Billion)
Table 68. Analog Devices Inc.: Company Snapshot
Table 69. Analog Devices Inc.: Operating Segments
Table 70. Analog Devices Inc.: Product Portfolio
Table 71. Analog Devices Inc.: Net Sales
Table 72. Analog Devices Inc.: Key Strategies
Table 73. Broadcom Inc.: Company Snapshot
Table 74. Broadcom Inc.: Operating Segments
Table 75. Broadcom Inc.: Product Portfolio
Table 76. Broadcom Inc.: Net Sales
Table 77. Broadcom Inc.: Key Strategies
Table 78. Hp Inc.: Company Snapshot
Table 79. Hp Inc.: Operating Segments
Table 80. Hp Inc.: Product Portfolio
Table 81. Hp Inc.: Net Sales
Table 82. Hp Inc.: Key Strategies
Table 83. Knowles Corporation: Company Snapshot
Table 84. Knowles Corporation: Operating Segments
Table 85. Knowles Corporation: Product Portfolio
Table 86. Knowles Corporation: Net Sales
Table 87. Knowles Corporation: Key Strategies
Table 88. Nxp Semiconductors: Company Snapshot
Table 89. Nxp Semiconductors: Operating Segments
Table 90. Nxp Semiconductors: Product Portfolio
Table 91. Nxp Semiconductors: Net Sales
Table 92. Nxp Semiconductors: Key Strategies
Table 93. Panasonic Corporation: Company Snapshot
Table 94. Panasonic Corporation: Operating Segments
Table 95. Panasonic Corporation: Product Portfolio
Table 96. Panasonic Corporation: Net Sales
Table 97. Panasonic Corporation: Key Strategies
Table 98. Robert Bosch GmbH: Company Snapshot
Table 99. Robert Bosch GmbH: Operating Segments
Table 100. Robert Bosch GmbH: Product Portfolio
Table 101. Robert Bosch GmbH: Net Sales
Table 102. Robert Bosch GmbH: Key Strategies
Table 103. Stmicroelectronics: Company Snapshot
Table 104. Stmicroelectronics: Operating Segments
Table 105. Stmicroelectronics: Product Portfolio
Table 106. Stmicroelectronics: Net Sales
Table 107. Stmicroelectronics: Key Strategies
Table 108. Texas Instruments Inc.: Company Snapshot
Table 109. Texas Instruments Inc.: Operating Segments
Table 110. Texas Instruments Inc.: Product Portfolio
Table 111. Texas Instruments Inc.: Net Sales
Table 112. Texas Instruments Inc.: Key Strategies
Table 113. Denso Corporation: Company Snapshot
Table 114. Denso Corporation: Operating Segments
Table 115. Denso Corporation: Product Portfolio
Table 116. Denso Corporation: Net Sales
Table 117. Denso Corporation: Key Strategies

List of Figures
Figure 1. Microelectromechanical System (Mems) Market Segmentation
Figure 2. Microelectromechanical System (Mems) Market, 2021-2031
Figure 3. Microelectromechanical System (Mems) Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Microelectromechanical System (Mems) Mark.:Drivers, Restraints and Opportunities
Figure 12. Microelectromechanical System (Mems) Market, By Type, 2021(%)
Figure 13. Comparative Share Analysis of Sensors Microelectromechanical System (Mems) Market, 2021-2031(%)
Figure 14. Comparative Share Analysis of Actuators Microelectromechanical System (Mems) Market, 2021-2031(%)
Figure 15. Microelectromechanical System (Mems) Market, By Application, 2021(%)
Figure 16. Comparative Share Analysis of Consumer Electronics Microelectromechanical System (Mems) Market, 2021-2031(%)
Figure 17. Comparative Share Analysis of Automotive Microelectromechanical System (Mems) Market, 2021-2031(%)
Figure 18. Comparative Share Analysis of Industrial Microelectromechanical System (Mems) Market, 2021-2031(%)
Figure 19. Comparative Share Analysis of Aerospace and Defense Microelectromechanical System (Mems) Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Healthcare Microelectromechanical System (Mems) Market, 2021-2031(%)
Figure 21. Comparative Share Analysis of Telecommunication Microelectromechanical System (Mems) Market, 2021-2031(%)
Figure 22. Comparative Share Analysis of Others Microelectromechanical System (Mems) Market, 2021-2031(%)
Figure 23. Microelectromechanical System (Mems) Market by Region, 2021
Figure 24. U.S. Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 25. Canada Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 26. Mexico Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 27. Uk Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 28. Germany Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 29. France Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 30. Italy Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 31. Rest of Europe Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 32. China Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 33. Japan Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 34. India Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 35. South Korea Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 36. Rest of Asia-Pacific Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 37. Latin America Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 38. Middle East Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 39. Africa Microelectromechanical System (Mems) Market, 2021-2031($Billion)
Figure 40. Top Winning Strategies, by Year
Figure 41. Top Winning Strategies, by Development
Figure 42. Top Winning Strategies, by Company
Figure 43. Product Mapping of Top 10 Players
Figure 44. Competitive Dashboard
Figure 45. Competitive Heatmap of Top 10 Key Players
Figure 46. Analog Devices Inc.: Net Sales, ($Billion)
Figure 47. Broadcom Inc.: Net Sales, ($Billion)
Figure 48. Hp In.: Net Sales, ($Billion)
Figure 49. Knowles Corporatio.: Net Sales, ($Billion)
Figure 50. Nxp Semiconductor.: Net Sales, ($Billion)
Figure 51. Panasonic Corporatio.: Net Sales, ($Billion)
Figure 52. Robert Bosch Gmb.: Net Sales, ($Billion)
Figure 53. Stmicroelectronic.: Net Sales, ($Billion)
Figure 54. Texas Instruments Inc.: Net Sales, ($Billion)
Figure 55. Denso Corporatio.: Net Sales, ($Billion)

Executive Summary

According to the report, “Microelectromechanical System (MEMS) Market," the microelectromechanical system (MEMS) market was valued at $76.52 billion in 2021, and is estimated to reach $181 billion by 2031, growing at a CAGR of 8.7% from 2022 to 2031.

The global microelectromechanical system (MEMS) market was valued at $76.52 billion in 2021, and is projected to reach $181.04 billion by 2031, registering a CAGR of 8.65% from 2022 to 2031. The Asia-Pacific region is expected to be the leading contributor to the global microelectromechanical system (MEMS) market during the forecast period, followed by North America and Europe.

Microelectromechanical devices is largely used in the electrical and electronics manufacturing industry for various applications such as consumer electronics, healthcare, telecommunication, and others. A microelectromechanical system (MEMS) constitutes the technology of microscopic devices, particularly those with moving parts. Microelectromechanical Systems (MEMS) are also referred to as micromachines in Japan and microsystem technology (MST) in Europe. The production of microelectromechanical system (MEMS) evolved from the process technology used to create semiconductor devices, and the fundamental methods used are the deposition of material layers, photolithographic patterning, and etching to create the desired shapes.

Furthermore, the overall microelectromechanical system (MEMS) industry is expanding as a result of widespread smartphone adoption, a booming portable electronics market, the rise in popularity of the Internet of Things (IoT), and strong demand in the automation sector. MEMS technology is used by sensor manufacturing companies to create a variety of sensors due to low power consumption, small size, and high precision. These producers are creating new MEMS-based sensors for different uses to expand their global and regional market presence.

Region wise, the microelectromechanical system (MEMS) market trends and microelectromechanical system (MEMS) market analysis have been analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounted for a significant share of the global market in 2021 and is expected to garner significant revenue during the forecast period. This is attributed to high adoption of technologically advanced Microelectromechanical System (MEMS) along with significant presence of major regulatory bodies, companies, and research institutes in the region.

North America is the second largest region, in terms of revenue generation in the global market, due to higher adoption rate of Microelectromechanical System (MEMS). Ongoing demand for critical communications, and large business enterprises in Europe and LAMEA primarily drives the growth of the Europe and LAMEA microelectromechanical system (MEMS) market growth.

Key Findings of the Study

• The sensors segment is projected to be the major type during the forecast period followed by actuators. The growing electronic vehicle, 5G and IoT technology is anticipated to drive the market growth.
• The Asia-Pacific and North America collectively accounted for 72.88% of the Microelectromechanical System (MEMS) market share in 2021.
• Asia-Pacific is anticipated to witness highest microelectromechanical system (MEMS) market size during the forecast period.
• China and South Korea collectively accounted for around 66.2% share in 2021.
• The key players profiled in the report include Analog Devices Inc., Broadcom Inc, DENSO CORPORATION, HP Development Company, L.P., Knowles Electronics, LLC, NXP Semiconductors, Panasonic Corporation, Robert Bosch GmbH, STMicroelectronics and Texas Instruments Incorporated. These players have adopted various strategies such as product launch, acquisition, partnership, and expansion to expand their foothold in the industry

Companies Mentioned

• Analog Devices Inc.
• Broadcom Inc.
• HP Development Company, L.P.
• NXP Semiconductors
• Panasonic Corporation
• Robert Bosch GmbH
• STMicroelectronics
• Texas Instruments Inc.
• DENSO CORPORATION
• Knowles Electronics, LLC

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.