MEMS Sensor Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027
Report Description
The global MEMS Sensor market size is estimated at USD 9,103.6 million in 2020, expanding at a CAGR of 7.1% from 2021-2027 to reach 12,008.9 million USD in 2027.
Market Dynamics
MEMS Sensor market is expected to witness substantial growth over the forecast period. The increasing demand for safety and security in the automobile sector is projected to boost market growth. In addition, the growing demand for sensors across verticals like healthcare, consumer electronics, automotive, and industrial is also contributing to market growth. Further MEMS sensors are growing in popularity across the consumer electronics sector. Moreover, the increasing adoption of smartphones is expected to bolster market growth. These sensors are widely used for tire pressure monitoring, electronic stability control, frontal airbag, and side airbags. Increasing use in wearable systems is anticipated to fuel market growth.
In addition, increasing popularity in the healthcare segment is estimated to propel market growth. The Industrial Internet of Things (IIoT) is projected to drive the growth of MEMS devices in applications such as building automation, assets tracking systems, and smart grids. Further, several benefits of MEMS technologies include low cost, miniaturization, low power consumption, integration, and high performance. Moreover, the rising investment in research & development and continuous innovation may lead to enhanced sensing techniques.
The Asia Pacific is estimated to dominate the global market. The demand for MEMS sensors from the automobile industry across the region is boosting the market growth. In addition, the growing demand from the consumer electronics sector is also contributing to market growth. Further, the increasing demand from healthcare areas is augmenting the growth of the market. Europe is projected to propel at a significant rate over the forecast period. North America is expected to hold a significant amount of market share.
The MEMS Sensor market is fragmented into type and application segments. Based on type, the pressure sensor segment is anticipated to dominate the market. By application, the healthcare segment is projected to grow at the fastest CAGR during the forecast period.
The MEMS Sensor market is highly competitive in nature with a few international players dominating the market. Key players in the industry engage in strategic merger & acquisition, partnership, and new product launches to remain competent in the market.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of MEMS 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.):
- Panasonic
- STMicroelectronics N. V.
- MegaChips Corporation.
- AMS AG
- Robert Bosch GmbH
- InvenSense Inc.
- Canon
- Seiko Epson Corporation
- Infineon Technologies
- Knowless
- Denso
- Avago Technologies
- Sensata, Measurement Specialties Inc.
- Analog Devices Inc.
- Texas Instruments Inc
Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Pressure Sensors
- Inertial Sensors
- Others
Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Automotive
- Healthcare
- Consumer Electronics
- Industrial
- 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.)
Table Of Content
1. MEMS Sensor Market Overview
1.1. Product Overview and Scope of MEMS Sensor
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global MEMS Sensor Market Size Growth Rate Analysis by Type2020 VS 2027
1.3.1. Pressure Sensors
1.3.2. Inertial Sensors
1.3.3. Others
1.4. Global MEMS Sensor Consumption Comparison by Application: 2020 VS 2027
1.4.1. Automotive
1.4.2. Healthcare
1.4.3. Consumer Electronics
1.4.4. Industrial
1.4.5. Others
1.5. Global MEMS Sensor Market Size Estimates and Forecasts by Region: 2020 VS 2027
1.5.1. North America MEMS Sensor Estimates
1.5.2. Europe MEMS Sensor Estimates
1.5.3. China MEMS Sensor Estimates
1.5.4. Japan MEMS Sensor Estimates
2. Market Competition by Manufacturers
2.1. Global MEMS Sensor Revenue Market Share by Manufacturers (2020)
2.2. MEMS Sensor Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.3. Global MEMS Sensor Average Price by Manufacturers (2016-2021)
2.4. Manufacturers MEMS Sensor Production Sites, Area Served, Product Types
2.5. MEMS Sensor Market Competitive Situation and Trends
2.5.1. MEMS Sensor Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global MEMS Sensor Consumption by Region (2016-2021)
3.1. Global MEMS Sensor Consumption by Region
3.2. Global MEMS Sensor Consumption Market Share by Region
3.2.1. North America
3.2.2. North America MEMS Sensor Consumption Growth Rate (2016-2021)
3.2.3. North America MEMS Sensor Consumption, Price and Gross Margin (2016-2021)
3.2.4. North America MEMS Sensor Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe MEMS Sensor Consumption Growth Rate (2016-2021)
3.2.7. Europe MEMS Sensor Consumption, Price and Gross Margin (2016-2021)
3.2.8. Europe MEMS Sensor Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific MEMS Sensor Consumption Growth Rate (2016-2021)
3.2.11. Asia Pacific MEMS Sensor Consumption, Price and Gross Margin (2016-2021)
3.2.12. Asia Pacific MEMS Sensor Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America MEMS Sensor Consumption Growth Rate (2016-2021)
3.2.15. South America MEMS Sensor Consumption, Price and Gross Margin (2016-2021)
3.2.16. South America MEMS Sensor Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa MEMS Sensor Consumption Growth Rate (2016-2021)
3.2.19. Middle East and Africa MEMS Sensor Consumption, Price and Gross Margin (2016-2021)
3.2.20. Middle East and Africa MEMS Sensor Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global MEMS Sensor Consumption by Type (2016-2021)
4.1. Global MEMS Sensor Price by Type (2016-2021)
4.2. Global MEMS Sensor Revenue Market Share by Type (2016-2021)
4.2.1. Pressure Sensors
4.2.2. Inertial Sensors
4.2.3. Others
5. Global MEMS Sensor Consumption by Application (2016-2021)
5.1. Global MEMS Sensor Price by Application (2016-2021)
5.2. Global MEMS Sensor Revenue Market Share by Application (2016-2021)
5.2.1. Automotive
5.2.2. Healthcare
5.2.3. Consumer Electronics
5.2.4. Industrial
5.2.5. Others
6. Key Companies Profiled
6.1. Panasonic
6.1.1. Panasonic MEMS Sensor Corporation Information
6.1.2. Panasonic MEMS Sensor Product Portfolio
6.1.3. Panasonic MEMS Sensor Consumption, Price and Gross Margin (2016-2021)
6.1.4. Panasonic Main Business and Markets Served
6.1.5. Panasonic Recent Developments/Updates
6.2. STMicroelectronics N. V.
6.3. MegaChips Corporation.
6.4. AMS AG
6.5. Robert Bosch GmbH
6.6. InvenSense Inc.
6.7. Canon
6.8. Seiko Epson Corporation
6.9. Infineon Technologies
6.10. Knowless
6.11. Denso
6.12. Avago Technologies
6.13. Sensata, Measurement Specialties Inc.
6.14. Analog Devices Inc.
6.15. Texas Instruments Inc
7. Marketing Channel, Distributors and Customers
7.1. Marketing Channel
7.2. MEMS Sensor Distributors List
7.3. MEMS Sensor Customers
8. Market Dynamics
8.1. MEMS Sensor Industry Trends
8.2. MEMS Sensor Growth Drivers
8.3. MEMS Sensor Market Challenges
8.4. MEMS Sensor Market Restraints
9. Global MEMS Sensor Consumption and Demand Forecast, by Region (2022-2027)
9.1. Global Forecasted Demand Analysis of MEMS Sensor, by Regions and Country
9.1.1. North America Forecasted Consumption of MEMS Sensor by Country
9.1.2. Europe Market Forecasted Consumption of MEMS Sensor by Country
9.1.3. Asia Pacific Market Forecasted Consumption of MEMS Sensor by Region
9.1.4. Latin America Forecasted Consumption of MEMS Sensor by Country
9.1.5. Middle East and Africa Forecasted Consumption of MEMS Sensor by Country
10. Global MEMS Sensor Consumption and Demand Forecast, by Device Segments (2022-2027)
10.1. Global Forecasted Consumption of MEMS Sensor by Device Segments (2022-2027)
10.2. Global Consumption and Price Forecast by Device Segments (2022-2027)
10.3. Global Forecasted Growth Rate of MEMS Sensor by Device Segments (2022-2027)
11. Research Finding and Conclusion
12. Methodology and Data Source
12.1. Methodology/Research Approach
12.1.1. Research Programs/Design
12.1.2. Market Size Estimation
12.1.3. Market Breakdown and Data Triangulation
12.2. Data Source
12.2.1. Secondary Sources
12.2.2. Primary Sources
12.3. Author List
12.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
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- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
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