The North America Microelectromechanical Systems (MEMS) Market should witness market growth of 7.8% CAGR during the forecast period (2022-2028).
MEMS is the primary technology that makes advancements in industries like transportation, communications, and healthcare possible. The major benefit of MEMS is their simplicity in communicating with semiconductor chips, and as a result, their acceptance is steadily rising in almost all industrial sectors.
One of the key drivers of the MEMS market's expansion is the rise in the number of consumer electronics devices. As more cell phone and tablet makers use MEMS to provide features like auto-focus, tiny speakers, touchscreens, and accelerometers, the development of the MEMS industry is likewise growing.
MEMS are devices that integrate mechanical and electrical components. They are mechanical devices like sensors, valves, and actuators that are built onto semiconductor chips. Numerous consumer electronics and communications sectors are being compelled to embrace MEMS technology due to its numerous benefits, including tiny size and mass, low power consumption, and cost-effectiveness.
Intelligent cars and the automotive sector both employ MEMS sensors. The automobile sector is anticipated to be the main focus of MEMS sensor research. It is often utilized in adaptive navigation systems as well as engine e(ABS), electronic stability program (ESP), electric hand brake (EPB), electronic control suspension (ECS), slope starter auxiliary (HAS), tire pressure monitoring (EPMS), and automobile engine stabilization. Because of this, the MEMS Marker market in North America is expanding due to the excessive use of MEMS sensors in the automobile sector.
The US market dominated the North America Microelectromechanical Systems (MEMS) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $27, 799.4 million by 2028.The Canada market is poised to grow at a CAGR of 10.2% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 9.2% during (2022-2028).
Based on Type, the market is segmented into Sensors and Actuators. Based on Sensors Type, the market is segmented into Inertial Sensors, Environmental Sensors, Optical Sensors, Pressure Sensors and Ultrasonic Sensors. Based on Actuators Type, the market is segmented into Optical MEMS, RF MEMS, Microfluidics and Others. Based on End-user, the market is segmented into Consumer Electronics, Industrial, Automotive, Healthcare, Telecommunication, Aerospace & Defense and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Analog Devices, Inc., Broadcom, Inc., HP Development Company, L.P., NXP Semiconductors N.V., Panasonic Corporation, Robert Bosch GmbH, STMicroelectronics N.V., Texas Instruments, Inc., IBM Corporation, and Canon, Inc.
MEMS is the primary technology that makes advancements in industries like transportation, communications, and healthcare possible. The major benefit of MEMS is their simplicity in communicating with semiconductor chips, and as a result, their acceptance is steadily rising in almost all industrial sectors.
One of the key drivers of the MEMS market's expansion is the rise in the number of consumer electronics devices. As more cell phone and tablet makers use MEMS to provide features like auto-focus, tiny speakers, touchscreens, and accelerometers, the development of the MEMS industry is likewise growing.
MEMS are devices that integrate mechanical and electrical components. They are mechanical devices like sensors, valves, and actuators that are built onto semiconductor chips. Numerous consumer electronics and communications sectors are being compelled to embrace MEMS technology due to its numerous benefits, including tiny size and mass, low power consumption, and cost-effectiveness.
Intelligent cars and the automotive sector both employ MEMS sensors. The automobile sector is anticipated to be the main focus of MEMS sensor research. It is often utilized in adaptive navigation systems as well as engine e(ABS), electronic stability program (ESP), electric hand brake (EPB), electronic control suspension (ECS), slope starter auxiliary (HAS), tire pressure monitoring (EPMS), and automobile engine stabilization. Because of this, the MEMS Marker market in North America is expanding due to the excessive use of MEMS sensors in the automobile sector.
The US market dominated the North America Microelectromechanical Systems (MEMS) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $27, 799.4 million by 2028.The Canada market is poised to grow at a CAGR of 10.2% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 9.2% during (2022-2028).
Based on Type, the market is segmented into Sensors and Actuators. Based on Sensors Type, the market is segmented into Inertial Sensors, Environmental Sensors, Optical Sensors, Pressure Sensors and Ultrasonic Sensors. Based on Actuators Type, the market is segmented into Optical MEMS, RF MEMS, Microfluidics and Others. Based on End-user, the market is segmented into Consumer Electronics, Industrial, Automotive, Healthcare, Telecommunication, Aerospace & Defense and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Analog Devices, Inc., Broadcom, Inc., HP Development Company, L.P., NXP Semiconductors N.V., Panasonic Corporation, Robert Bosch GmbH, STMicroelectronics N.V., Texas Instruments, Inc., IBM Corporation, and Canon, Inc.
Scope of the Study
By Type
- Sensors
- Inertial Sensors
- Environmental Sensors
- Optical Sensors
- Pressure Sensors
- Ultrasonic Sensors
- Actuators
- Optical MEMS
- RF MEMS
- Microfluidics
- Others
By End-user
- Consumer Electronics
- Industrial
- Automotive
- Healthcare
- Telecommunication
- Aerospace & Defense
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Analog Devices, Inc.
- Broadcom, Inc.
- HP Development Company, L.P.
- NXP Semiconductors N.V.
- Panasonic Corporation
- Robert Bosch GmbH
- STMicroelectronics N.V.
- Texas Instruments, Inc.
- IBM Corporation
- Canon, Inc.
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- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Microelectromechanical Systems (MEMS) Market, by Type
1.4.2 North America Microelectromechanical Systems (MEMS) Market, by End User
1.4.3 North America Microelectromechanical Systems (MEMS) Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Strategies Deployed in Microelectromechanical Systems (MEMS) Market
Chapter 4. North America Microelectromechanical Systems (MEMS) Market by Type
4.1 North America Sensors Market by Country
4.2 North America Microelectromechanical Systems (MEMS) Market by Sensors Type
4.2.1 North America Inertial Sensors Market by Country
4.2.2 North America Environmental Sensors Market by Country
4.2.3 North America Optical Sensors Market by Country
4.2.4 North America Pressure Sensors Market by Country
4.2.5 North America Ultrasonic Sensors Market by Country
4.3 North America Actuators Market by Country
4.4 North America Microelectromechanical Systems (MEMS) Market by Actuators Type
4.4.1 North America Optical MEMS Market by Country
4.4.2 North America RF MEMS Market by Country
4.4.3 North America Microfluidics Market by Country
4.4.4 North America Others Market by Country
Chapter 5. North America Microelectromechanical Systems (MEMS) Market by End User
5.1 North America Consumer Electronics Market by Country
5.2 North America Industrial Market by Country
5.3 North America Automotive Market by Country
5.4 North America Healthcare Market by Country
5.5 North America Telecommunication Market by Country
5.6 North America Aerospace & Defense Market by Country
5.7 North America Others Market by Country
Chapter 6. North America Microelectromechanical Systems (MEMS) Market by Country
6.1 US Microelectromechanical Systems (MEMS) Market
6.1.1 US Microelectromechanical Systems (MEMS) Market by Type
6.1.1.1 US Microelectromechanical Systems (MEMS) Market by Sensors Type
6.1.1.2 US Microelectromechanical Systems (MEMS) Market by Actuators Type
6.1.2 US Microelectromechanical Systems (MEMS) Market by End User
6.2 Canada Microelectromechanical Systems (MEMS) Market
6.2.1 Canada Microelectromechanical Systems (MEMS) Market by Type
6.2.1.1 Canada Microelectromechanical Systems (MEMS) Market by Sensors Type
6.2.1.2 Canada Microelectromechanical Systems (MEMS) Market by Actuators Type
6.2.2 Canada Microelectromechanical Systems (MEMS) Market by End User
6.3 Mexico Microelectromechanical Systems (MEMS) Market
6.3.1 Mexico Microelectromechanical Systems (MEMS) Market by Type
6.3.1.1 Mexico Microelectromechanical Systems (MEMS) Market by Sensors Type
6.3.1.2 Mexico Microelectromechanical Systems (MEMS) Market by Actuators Type
6.3.2 Mexico Microelectromechanical Systems (MEMS) Market by End User
6.4 Rest of North America Microelectromechanical Systems (MEMS) Market
6.4.1 Rest of North America Microelectromechanical Systems (MEMS) Market by Type
6.4.1.1 Rest of North America Microelectromechanical Systems (MEMS) Market by Sensors Type
6.4.1.2 Rest of North America Microelectromechanical Systems (MEMS) Market by Actuators Type
6.4.2 Rest of North America Microelectromechanical Systems (MEMS) Market by End User
Chapter 7. Company Profiles
7.1 Panasonic Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Analog Devices, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Acquisition and Mergers:
7.2.6 SWOT Analysis
7.3 STMicroelectronics N.V.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.3.5.3 Acquisition and Mergers:
7.3.6 SWOT Analysis
7.4 NXP Semiconductors N.V.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.4.6 SWOT Analysis
7.5 IBM Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional & Segmental Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 Hewlett Packard Enterprise Company (HP Development Company L.P.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 SWOT Analysis
7.7 Robert Bosch GmbH
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.6 SWOT Analysis
7.8 Canon, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.9 Broadcom, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.10. Texas Instruments, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Geographical Expansions:
Companies Mentioned
- Analog Devices, Inc.
- Broadcom, Inc.
- HP Development Company, L.P.
- NXP Semiconductors N.V.
- Panasonic Corporation
- Robert Bosch GmbH
- STMicroelectronics N.V.
- Texas Instruments, Inc.
- IBM Corporation
- Canon, Inc.
Methodology
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