The Asia Pacific Microelectromechanical Systems (MEMS) Market should witness market growth of 8.8% CAGR during the forecast period (2022-2028).
One of the most significant technological advances of the future is anticipated to be the integration of microsensors, microactuators, microelectronics, and other technologies onto a single microchip via the use of MEMS. By combining the computing power of microelectronics with the perception and control skills of microsensors and microactuators, the creation of smart goods will be made possible.
MEMS adds 'eyes' and 'arms' to the 'brains' of a system, which may be thought of as electronic integrated circuits (MICs), enabling microsystems to detect and interact with their surroundings. Sensors collect data from their surroundings by seeing processes in the mechanical, thermal, chemical, optical, and magnetic phenomena.
After processing the data from the sensors, the electronics instruct the actuators to operate by moving, regulating, positioning, pumping, and filtering in order to regulate the environment for a certain goal or result. Additionally, MEMS devices may be produced at a cheap cost and with previously unheard-of levels of functionality, dependability, and complexity thanks to batch manufacturing processes used in the same way that ICs are.
A significant market for MEMS sensor technology exists in Asia-Pacific. The area controls several manufacturing subsectors of various end-user industries as well as the global semiconductor manufacturing sector. Products at low prices are available on the market from nations like China. The automobile industry in China, including the auto components business, is one of the country's leading sectors, according to the Chinese government. By 2025, the Central Government projects that China will produce 35 million vehicles.
The China market dominated the Asia Pacific Microelectromechanical Systems (MEMS) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $13, 927.6 million by 2028.The Japan market is estimated to grow a CAGR of 8.1% during (2022-2028). Additionally, The India market would experience a CAGR of 9.4% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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.
One of the most significant technological advances of the future is anticipated to be the integration of microsensors, microactuators, microelectronics, and other technologies onto a single microchip via the use of MEMS. By combining the computing power of microelectronics with the perception and control skills of microsensors and microactuators, the creation of smart goods will be made possible.
MEMS adds 'eyes' and 'arms' to the 'brains' of a system, which may be thought of as electronic integrated circuits (MICs), enabling microsystems to detect and interact with their surroundings. Sensors collect data from their surroundings by seeing processes in the mechanical, thermal, chemical, optical, and magnetic phenomena.
After processing the data from the sensors, the electronics instruct the actuators to operate by moving, regulating, positioning, pumping, and filtering in order to regulate the environment for a certain goal or result. Additionally, MEMS devices may be produced at a cheap cost and with previously unheard-of levels of functionality, dependability, and complexity thanks to batch manufacturing processes used in the same way that ICs are.
A significant market for MEMS sensor technology exists in Asia-Pacific. The area controls several manufacturing subsectors of various end-user industries as well as the global semiconductor manufacturing sector. Products at low prices are available on the market from nations like China. The automobile industry in China, including the auto components business, is one of the country's leading sectors, according to the Chinese government. By 2025, the Central Government projects that China will produce 35 million vehicles.
The China market dominated the Asia Pacific Microelectromechanical Systems (MEMS) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $13, 927.6 million by 2028.The Japan market is estimated to grow a CAGR of 8.1% during (2022-2028). Additionally, The India market would experience a CAGR of 9.4% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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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Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Microelectromechanical Systems (MEMS) Market, by Type
1.4.2 Asia Pacific Microelectromechanical Systems (MEMS) Market, by End User
1.4.3 Asia Pacific 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. Asia Pacific Microelectromechanical Systems (MEMS) Market by Type
4.1 Asia Pacific Sensors Market by Country
4.2 Asia Pacific Microelectromechanical Systems (MEMS) Market by Sensors Type
4.2.1 Asia Pacific Inertial Sensors Market by Country
4.2.2 Asia Pacific Environmental Sensors Market by Country
4.2.3 Asia Pacific Optical Sensors Market by Country
4.2.4 Asia Pacific Pressure Sensors Market by Country
4.2.5 Asia Pacific Ultrasonic Sensors Market by Country
4.3 Asia Pacific Actuators Market by Country
4.4 Asia Pacific Microelectromechanical Systems (MEMS) Market by Actuators Type
4.4.1 Asia Pacific Optical MEMS Market by Country
4.4.2 Asia Pacific RF MEMS Market by Country
4.4.3 Asia Pacific Microfluidics Market by Country
4.4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Microelectromechanical Systems (MEMS) Market by End User
5.1 Asia Pacific Consumer Electronics Market by Country
5.2 Asia Pacific Industrial Market by Country
5.3 Asia Pacific Automotive Market by Country
5.4 Asia Pacific Healthcare Market by Country
5.5 Asia Pacific Telecommunication Market by Country
5.6 Asia Pacific Aerospace & Defense Market by Country
5.7 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Microelectromechanical Systems (MEMS) Market by Country
6.1 China Microelectromechanical Systems (MEMS) Market
6.1.1 China Microelectromechanical Systems (MEMS) Market by Type
6.1.1.1 China Microelectromechanical Systems (MEMS) Market by Sensors Type
6.1.1.2 China Microelectromechanical Systems (MEMS) Market by Actuators Type
6.1.2 China Microelectromechanical Systems (MEMS) Market by End User
6.2 Japan Microelectromechanical Systems (MEMS) Market
6.2.1 Japan Microelectromechanical Systems (MEMS) Market by Type
6.2.1.1 Japan Microelectromechanical Systems (MEMS) Market by Sensors Type
6.2.1.2 Japan Microelectromechanical Systems (MEMS) Market by Actuators Type
6.2.2 Japan Microelectromechanical Systems (MEMS) Market by End User
6.3 India Microelectromechanical Systems (MEMS) Market
6.3.1 India Microelectromechanical Systems (MEMS) Market by Type
6.3.1.1 India Microelectromechanical Systems (MEMS) Market by Sensors Type
6.3.1.2 India Microelectromechanical Systems (MEMS) Market by Actuators Type
6.3.2 India Microelectromechanical Systems (MEMS) Market by End User
6.4 South Korea Microelectromechanical Systems (MEMS) Market
6.4.1 South Korea Microelectromechanical Systems (MEMS) Market by Type
6.4.1.1 South Korea Microelectromechanical Systems (MEMS) Market by Sensors Type
6.4.1.2 South Korea Microelectromechanical Systems (MEMS) Market by Actuators Type
6.4.2 South Korea Microelectromechanical Systems (MEMS) Market by End User
6.5 Singapore Microelectromechanical Systems (MEMS) Market
6.5.1 Singapore Microelectromechanical Systems (MEMS) Market by Type
6.5.1.1 Singapore Microelectromechanical Systems (MEMS) Market by Sensors Type
6.5.1.2 Singapore Microelectromechanical Systems (MEMS) Market by Actuators Type
6.5.2 Singapore Microelectromechanical Systems (MEMS) Market by End User
6.6 Malaysia Microelectromechanical Systems (MEMS) Market
6.6.1 Malaysia Microelectromechanical Systems (MEMS) Market by Type
6.6.1.1 Malaysia Microelectromechanical Systems (MEMS) Market by Sensors Type
6.6.1.2 Malaysia Microelectromechanical Systems (MEMS) Market by Actuators Type
6.6.2 Malaysia Microelectromechanical Systems (MEMS) Market by End User
6.7 Rest of Asia Pacific Microelectromechanical Systems (MEMS) Market
6.7.1 Rest of Asia Pacific Microelectromechanical Systems (MEMS) Market by Type
6.7.1.1 Rest of Asia Pacific Microelectromechanical Systems (MEMS) Market by Sensors Type
6.7.1.2 Rest of Asia Pacific Microelectromechanical Systems (MEMS) Market by Actuators Type
6.7.2 Rest of Asia Pacific 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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