• US: +1 9176726599
  • Login

MEMS Automobile Sensor Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 300 | Report ID: MRS1026


Report Description

The global MEMS Automobile Sensor market size is estimated at USD 1,700.8 million in 2020, expanding at a CAGR 12.1% from 2021-2027 to reach 2,500.9 million USD in 2027.

Market Dynamics

MEMS Automobile Sensor market is expected to witness substantial growth over the forecast period. The increasing number of MEMS sensor applications like pressure monitoring, pedestrian protection, oil pressure sensing is projected to boost the market growth. In addition, the growing demand for security & safety in automobiles is also contributing to market growth. Further, these sensors offer high efficiency, low cost, and small in size applications. Major trends including automation and electrification are growing in adoption in the auto sector. There has been increasing adoption of LIDAR, RADAR, and high value sensing modules which, in turn, is expected to bolster the demand for MEMS sensors.

In addition, MEMS sensors are widely used in inertial brake lights, airbag systems, automatic door locks, and headlight leveling. Additionally, the growing adoption of autonomous vehicle MEMS sensors which are widely used in pre-crash systems is expected to foster market growth. Further, the development in the technology particularly in the field of sensors and microcontrollers, along with Worldwide stringent policies and regulations by policymakers on efficient, safety, and driver assistance of automobiles is also anticipated to boost the market growth.

North America is estimated to dominate the global market. The U.S. is one of the biggest automotive manufacturing hubs in the market. According to the American Automotive Policy Council, in the past five years, the exports from the automotive sector were valued at USD 692.0 billion. The automobile sector contributed to 3.0% of total U.S. GDP, this is expected to contribute to market growth. Europe is projected to grow at a significant CAGR over the forecast period. Increasing demand for electric vehicles (EVs) is boosting regional growth. Further, Asia Pacific is expected to hold a significant amount of market share.

The MEMS Automobile Sensor market is fragmented into type and applications segments. Based on type, the tire pressure sensors segment is anticipated to dominate the market. By application, the ADAS (advanced driver assisted system) segment is projected to grow at the highest CAGR during the forecast period.

The MEMS Automobile Sensor market is highly competitive in nature with the presence of local & international players. Key players in the industry engage in strategic mergers & acquisitions, collaborations, and new product launches to remain competent in the market. For example, in 2020, ACEINNA has introduced a new high accuracy inertial measurement unit sensor.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of MEMS Automobile Sensor by type, region, and application. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • Analog Devices, Inc.
  • Robert Bosch GmbH
  • InvenSense, Inc.
  • General Electric Company
  • Panasonic Corporation
  • Infineon Technologies AG
  • Sensata Technologies, Inc.
  • Hitachi, Ltd.
  • Freescale Semiconductor, Inc.
  • Harman International
  • Murata Electronics Oy
  • STMicroelectronics
  • Freescale Semiconductor, Inc

Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Tire Pressure Sensor
  • Engine Oil Sensor
  • Fuel Injection & Fuel Pump Sensor
  • Combustion Sensor
  • Others

Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • ADAS
  • In-Car Navigation
  • Safety & Security
  • OIS Camera
  • Others

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

Frequently Asked Questions

The global MEMS Automobile Sensor market size is estimated at USD xxx million in 2020, expanding at a CAGR 12.1% from 2021-2027 to reach xxx million USD in 2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global industry is growing at a promising growth rate over the study period.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The worldwide market is characterized by the presence of large number of small scale and medium scale players.

Why Choose Market Research Strategy?

  Authenticated Data Sources

We utilize market analysis/information from verified authenticated data sources to scoop accurate research reports

  Express Delivery

We understand the urgency of our clients and their clients' in the competitive space thus, deliver the report in minimum turnaround

  Gain Instant Access

Without further ado, choose us and get instant access to reliable analysis to help you make the right business decisions.

  Our Pledge to You

We abide by the information security policy and adheres to keep your private and business information confidential and secure.

Copyright © 2022 Market Research Strategy, All rights reserved.