Microelectromechanical Systems Market Report 2025

This Microelectromechanical Systems market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The microelectromechanical systems market size has grown rapidly in recent years. It will grow from $20.07 billion in 2024 to $22.69 billion in 2025 at a compound annual growth rate (CAGR) of 13%. The growth in the historic period can be attributed to miniaturization demand, consumer electronics growth, automotive safety, healthcare diagnostics, environmental monitoring.

The microelectromechanical systems market size is expected to see rapid growth in the next few years. It will grow to $35.98 billion in 2029 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to autonomous vehicles, precision agriculture, aerospace and defense, biomedical implants, energy harvesting. Major trends in the forecast period include advancements in nanotechnology, 5g and beyond, smart cities, edge computing, healthcare wearables.

The growing demand for device miniaturization in various electronic devices is anticipated to drive the growth of the microelectromechanical systems market. Miniaturization in electronic devices involves fitting more transistor nodes onto a smaller integrated circuit (IC). The increasing use of miniature devices is attributed to declining average selling prices (ASPs), cost-effectiveness, reduced space requirements, and improved accuracy. The rise of wearable technology has further fueled the demand for miniaturized components, which can be directly soldered onto circuit boards at a lower technology cost. For instance, in October 2023, a report published by SQMagazine, a Singapore-based publication, indicated that smartwatch shipments saw a 24% year-over-year increase in Q2 2022. Furthermore, the average selling price of smartwatches rose to $309, marking a 6% increase compared to the previous year. Thus, the demand for device miniaturization is propelling the growth of the microelectromechanical systems market.

The increasing demand for consumer electronics is projected to drive the growth of the microelectromechanical systems market in the future. Consumer electronics refer to electronic devices intended for daily use by individuals and households for entertainment and communication purposes. Microelectromechanical systems are utilized as components in smartphones, tablets, and gaming devices, enabling features such as screen rotation, gaming control, and gesture recognition. For instance, in January 2023, LG, a South Korea-based consumer electronics company, reported its highest annual revenue ever in its 2022 financial report, marking a 12.9% increase from 2021. The revenue for LG Home Appliance & Air Solution Company in 2022 reached $22.5 billion, reflecting a 10.3% growth compared to 2021. Therefore, the rising demand for consumer electronics is propelling the growth of the microelectromechanical systems market moving forward.

Innovations are becoming increasingly popular in the microelectromechanical systems market. Key players in the industry are concentrating on developing innovative products to gain a competitive advantage. For example, in December 2023, Panasonic Life Solutions India Pvt. Ltd, a company based in India, launched an innovative 6-in-1, 6DoF (Degrees of Freedom) Inertial Sensor. This advanced sensor combines multiple functions into a single unit, enhancing its application across various sectors, including automotive and industrial automation, by providing accurate motion tracking and orientation data for robotics, smart devices, and vehicle stability systems. It not only boosts system performance but also aids in the creation of smarter and more efficient technologies across diverse fields.

Major companies in the microelectromechanical systems (MEMS) market are also leveraging technology innovations, such as microelectromechanical systems (MEMS) pressure sensors. STMicroelectronics N.V., a Switzerland-based semiconductor manufacturing company, launched MEMS pressure sensors designed for applications like gas and water metering, weather monitoring, air conditioning, and home appliances. These sensors are waterproof and represent a breakthrough by integrating small mechanical and electronic components on a silicon chip, ensuring environmental robustness and enabling digital transformation in challenging environments.

In April 2024, Glassworks Hounsell, a UK-based firm specializing in batch charging technology and precision engineering solutions for the glass industry, acquired the Electric Actuator Company for an undisclosed amount. This acquisition strengthens the longstanding relationship between the two companies, enhancing Glassworks Hounsell's position in the actuator market and improving its competitive advantage. The transition will involve ongoing support from the Electric Actuator Company for three years, ensuring that current clients experience a seamless handover and continued quality of service. The Electric Actuator Company, also based in the UK, offers a range of electric actuators designed for various industrial applications.

Major companies operating in the microelectromechanical systems market include STMicroelectronics Pvt. Ltd., Hewlett Packard Enterprise Ltd., Texas Instruments Incorporated, Bosch Limited, Robert Bosch GmbH, Analog Devices Inc., NXP Semiconductors N.V., Panasonic Corp., Tyco Electronics Ltd., Broadcom Inc., Honeywell International Inc., Knowles Corp. LLC, Infineon Technologies AG, GoerTek Inc., TDK Corporation, Qorvo Inc., Murata Manufacturing Co. Ltd., Sensirion AG, InvenSense Inc., AAC Technologies Holdings Inc., Silicon Laboratories Inc., Omron Corporation, MEMSIC Inc., Knowles Corporation, Vesper Technologies Inc., Tronics Microsystems SA, X-FAB Silicon Foundries SE, SiTime Corporation, MEMSensing Microsystems SA, mCube Inc.

Asia-Pacific was the largest region in the microelectromechanical systems market in 2024. The regions covered in the microelectromechanical systems market research report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the microelectromechanical systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

Microelectromechanical systems (MEMS) refer to technology used in creating small integrated devices or systems that combine electrical and mechanical components. These systems are manufactured using integrated circuit (IC) batch processing techniques and can range in size from a few micrometers to several millimeters.

The primary types of microelectromechanical systems include sensors and actuators. Sensors are devices that monitor and respond to environmental input, which could include light, heat, motion, moisture, pressure, or various other environmental phenomena. MEMS find diverse applications in consumer electronics, automotive, industrial settings, aerospace and defense, healthcare, telecommunications, and various other fields.

The microelectromechanical systems market research report is one of a series of new reports that provides microelectromechanical systems market statistics, including microelectromechanical systems industry global market size, regional shares, competitors with an microelectromechanical systems market share, detailed microelectromechanical systems market segments, market trends and opportunities, and any further data you may need to thrive in the microelectromechanical systems industry. This microelectromechanical systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The microelectromechanical system market consists of revenues earned by entities by providing microelectromechanical system services designing, engineering, prototyping, scale-up production, and research and development. The market value includes the value of related goods sold by the service provider or included within the service offering. The microelectromechanical system market also includes sales of microelectromechanical system components such as mirrors, lenses, filters, laser diodes, emitters, optical components, microfluidic elements, integral microelectronics or ICs, lab-on-chip systems, actuators, and micromotors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.