• US: +1 9176726599
  • Login

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

Format: PDF | Pages: 320 | Report ID: MRS1027


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.)

Frequently Asked Questions

The global MEMS Sensor market size is estimated at USD 8,103.6 million in 2020, expanding at a CAGR 7.1% 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.