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Microelectromechanical Systems Market Size, Share & Trends Analysis Report By Sensor, By Actuator (Optical MEMS, Microfluidics, Inkjet Print Heads, RF MEMS, Others), By Vertical, By Region, And Segment Forecasts, 2024 - 2030

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    Report

  • 100 Pages
  • August 2024
  • Region: Global
  • Grand View Research
  • ID: 5998860
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Microelectromechanical Systems Market Growth & Trends

The global microelectromechanical systems market size is expected to reach USD 35.14 billion by 2030, registering a CAGR of 11.1% from 2024 to 2030. The industry is expected to witness tremendous growth owing to increasing demand in consumer and automotive application segment.

The market for MEMS technology is gaining traction in automotive sector with increasing concerns for passenger safety and regulatory norms. MEMS devices such as pressure sensors, accelerometers, and others are used in cars for air bags, tire pressure monitoring, electronic stability control, and other safety features. Growing popularity of wearable devices is anticipated to be key driver for the industry over the next seven years.

Advancement in technology such as sensor fusion is expected to boost industry growth over the forecast period. Technology advancement has led to reduction in size of the devices, making it cost-effective, efficient, and compatible at the same time.

Calibration and accuracy issues may hinder market growth. Intense competition observed among industry participants is a key challenge, forcing industry players to keep the price low to remain competitive in the market.

Microelectromechanical Systems Market Report Highlights

  • Consumer electronics is the major segment and accounted for over 40% of the revenue in 2023. Consumer applications include household appliances, computer peripherals, sports training devices, personal navigation devices, and active subwoofers.
  • Healthcare segment is estimated to hold high growth potential. The technology is used for medical research, diagnostic application, and in medical devices such as endoscopic pills and insulin micropumps.
  • Government initiatives, rising healthcare expenditure, and technological advancements are anticipated to boost healthcare segment over the forecast period. Increasing preference of consumer towards home medical monitoring in order to reduce hospital cost and penetration of health monitoring wearable devices is estimated to trigger the use of the technology and open new avenues for the industry players
  • Robert Bosch, Honeywell International, HP, STMicroelectronics, Texas Instruments, and InvenSense are some of the key companies in this microelectromechanical systems market. In January 2015, InvenSense, Inc. announced integrated motion sensor with multi-core processing that integrates 6-axis MEMS sensor, embedded flash, tri-core sensor hub, SRAM, and software framework
  • Industry is anticipated to witness increase in number of mergers and acquisitions over the forecast period. Non-MEMS players, who are looking forward to enter into this market, are also anticipated to acquire niche existing players

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets


This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Microelectromechanical Systems Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Billion)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Microelectromechanical Systems Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
Chapter 4. Microelectromechanical Systems Market: Sensor Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Microelectromechanical Systems Market: Sensor Movement Analysis, USD Billion, 2023 & 2030
4.3. Inertial Sensor
4.3.1. Inertial Sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.3.2. Accelerometer
4.3.2.1. Accelerometer Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.3.3. Gyroscope
4.3.3.1. Gyroscope Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.3.4. Magnetometer
4.3.4.1. Magnetometer Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.3.5. Combo Sensor
4.3.5.1. Combo Sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.4. Pressure Sensor
4.4.1. Pressure Sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.5. Microphone
4.5.1. Microphone Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.6. Microspeaker
4.6.1. Microspeaker Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.7. Environmental Sensor
4.7.1. Environmental Sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.8. Optical Sensor
4.8.1. Optical Sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.8.2. Microbolometer
4.8.2.1. Microbolometer Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.8.3. Pir & Thermophile
4.8.3.1. Pir & Thermophile Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.9. Others
4.9.1. Other sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Microelectromechanical Systems Market: Actuator Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Microelectromechanical Systems Market: Actuator Movement Analysis, USD Billion, 2023 & 2030
5.3. Optical MEMS
5.3.1. Optical MEMS Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.4. Microfluidics
5.4.1. Microfluidics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.5. Inkjet Print Heads
5.5.1. Inkjet Print Heads Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.6. RF MEMS
5.6.1. RF MEMS Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.7. Others
5.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Microelectromechanical Systems Market: Vertical Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Microelectromechanical Systems Market: Vertical Movement Analysis, USD Billion, 2023 & 2030
6.3. Automotive
6.3.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4. Consumer Electronics
6.4.1. Consumer Electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.5. Aerospace & Defense
6.5.1. Aerospace & Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.6. Industrial
6.6.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.7. Healthcare
6.7.1. Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.8. Telecommunication
6.8.1. Telecommunication Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.9. Others
6.9.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Microelectromechanical Systems Market: Regional Estimates & Trend Analysis
7.1. Microelectromechanical Systems Market Share, By Region, 2023 & 2030, USD Billion
7.2. North America
7.2.1. North America Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.2.2. U.S.
7.2.2.1. U.S. Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.2.3. Canada
7.2.3.1. Canada Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.2.4. Mexico
7.2.4.1. Mexico Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3. Europe
7.3.1. Europe Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3.2. UK
7.3.2.1. UK Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3.3. Germany
7.3.3.1. Germany Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3.4. France
7.3.4.1. France Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4. Asia Pacific
7.4.1. Asia Pacific Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4.2. China
7.4.2.1. China Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4.3. Japan
7.4.3.1. Japan Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4.4. India
7.4.4.1. India Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4.5. South Korea
7.4.5.1. South Korea Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4.6. Australia
7.4.6.1. Australia Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.5. Latin America
7.5.1. Latin America Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.5.2. Brazil
7.5.2.1. Brazil Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.6. Middle East and Africa
7.6.1. Middle East and Africa Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.6.2. Saudi Arabia
7.6.2.1. Saudi Arabia Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.6.3. UAE
7.6.3.1. UAE Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.6.4. South Africa
7.6.4.1. South Africa Microelectromechanical Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
8.4.1. Analog Devices, Inc.
8.4.1.1. Participant’s Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Benchmarking
8.4.1.4. Recent Developments/ Strategic Initiatives
8.4.2. Broadcom.
8.4.2.1. Participant’s Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Benchmarking
8.4.2.4. Recent Developments/ Strategic Initiatives
8.4.3. DENSO CORPORATION
8.4.3.1. Participant’s Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Benchmarking
8.4.3.4. Recent Developments/ Strategic Initiatives
8.4.4. Goertek
8.4.4.1. Participant’s Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Benchmarking
8.4.4.4. Recent Developments/ Strategic Initiatives
8.4.5. HP Development Company, L.P
8.4.5.1. Participant’s Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Benchmarking
8.4.5.4. Recent Developments/ Strategic Initiatives
8.4.6. Honeywell International Inc.
8.4.6.1. Participant’s Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Benchmarking
8.4.6.4. Recent Developments/ Strategic Initiatives
8.4.7. Infineon Technologies AG
8.4.7.1. Participant’s Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Benchmarking
8.4.7.4. Recent Developments/ Strategic Initiatives
8.4.8. Knowles Electronics, LLC
8.4.8.1. Participant’s Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Benchmarking
8.4.8.4. Recent Developments/ Strategic Initiatives
8.4.9. NXP Semiconductors
8.4.9.1. Participant’s Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Benchmarking
8.4.9.4. Recent Developments/ Strategic Initiatives
8.4.10. Panasonic Corporation
8.4.10.1. Participant’s Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Benchmarking
8.4.10.4. Recent Developments/ Strategic Initiatives
8.4.11. Qualcomm Technologies, Inc
8.4.11.1. Participant’s Overview
8.4.11.2. Financial Performance
8.4.11.3. Product Benchmarking
8.4.11.4. Recent Developments/ Strategic Initiatives
8.4.12. Robert Bosch GmbH
8.4.12.1. Participant’s Overview
8.4.12.2. Financial Performance
8.4.12.3. Product Benchmarking
8.4.12.4. Recent Developments/ Strategic Initiatives
8.4.13. STMicroelectronics
8.4.13.1. Participant’s Overview
8.4.13.2. Financial Performance
8.4.13.3. Product Benchmarking
8.4.13.4. Recent Developments/ Strategic Initiatives
8.4.14. TDK Corporation
8.4.14.1. Participant’s Overview
8.4.14.2. Financial Performance
8.4.14.3. Product Benchmarking
8.4.14.4. Recent Developments/ Strategic Initiatives
8.4.15. Texas Instruments Incorporated
8.4.15.1. Participant’s Overview
8.4.15.2. Financial Performance
8.4.15.3. Product Benchmarking
8.4.15.4. Recent Developments/ Strategic Initiatives

Companies Mentioned

  • Analog Devices, Inc.
  • Broadcom
  • DENSO CORPORATION
  • Goertek
  • HP Development Company, L.P.
  • Honeywell International Inc.
  • Infineon Technologies AG
  • Knowles Electronics, LLC
  • NXP Semiconductors
  • Panasonic Corporation
  • Qualcomm Technologies, Inc.
  • Robert Bosch GmbH
  • STMicroelectronics
  • TDK Corporation
  • Texas Instruments Incorporated

Methodology

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