Semiconductor and Electronics

Microelectromechanical systems (MEMS) Market by Type (Sensors and Actuators) and Industry Vertical (Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare, and Telecommunication) - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ALL1049964
  • 232 Pages
  • February 2017
  • Semiconductor and Electronics

The global microelectromechanical systems (MEMS) market was valued at $13.0 billion in 2015, and is expected to reach $26.8 billion by 2022, growing at a CAGR of 11.1% from 2016 to 2022.  

MEMS is used to fabricate sensors such as accelerometers, gyroscopes, magnetometers, inertial modules, pressure sensors, and microphones, which are applicable in smartphones, tablets, and other consumer electronics devices.

High adoption in smartphones, rapid growth in portable electronic market, increase in popularity of Internet of Things (IoT), and rise in demand in automation industry is driving the market growth. MEMS technology has witnessed increased use by sensor manufacturing companies to fabricate a wide range of sensors, owing to its advantages such as low power consumption, small size, and high precision. Further, product launch, partnerships, agreement, and strategic investments are anticipated to be the most effective ways for semiconductor companies to gain maximum market share in emerging markets.

The increased utilization of MEMS-based sensors in consumer electronic products and healthcare equipment are accelerating the market growth. For instance, MEMS-based accelerometer, barometer, gyroscope, and speedometer are extensively incorporated in smartphones. Furthermore, smartphone manufacturers upgrade their products to incorporate new MEMS devices to gain a competitive advantage over other players, which consecutively drives the growth of overall MEMS market.

The global MEMS market is segmented on the basis of type, industry vertical, and geography. Based on type, the market is bifurcated into sensors (gyroscopes, accelerometers, pressure sensors, inertial combos, microphones, magnetometers, and others) and actuators (inkjet systems, optical MEMS, oscillators & resonators, microfluidic bio-chips, RF MEMS, and others. Based on industry vertical, it is segmented into consumer electronics, automotive, industrial, aerospace & defense, healthcare, and telecommunication. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.   

Key players operating in the MEMS market include Analog Devices, Inc., Avago Technologies (Broadcom Ltd), Denso Corporation, Hewlett Packard Corporation, Knowles Corporation (Knowles Electronics Holdings, Inc.), NXP Semiconductors N.V. (Freescale Semiconductor, Inc.), Panasonic Corporation, Robert Bosch GmbH, ST Microelectronics N.V., and Texas Instruments Inc.

POTENTIAL BENEFITS FOR STAKEHOLDERS

  • This report provides an in-depth analysis of the global MEMS market, along with current trends and future estimations to identify lucrative investment opportunities
  • Key drivers, opportunities, and restraints that impact the market are analyzed.
  • Porter’s Five Forces analysis highlights the potency of buyers & suppliers to facilitate better business decisions for stakeholders and strengthen their supplier & buyer networks.
  • Market estimation of geographical regions is based on the current market scenario and future trends.

MARKET SEGMENTATION

 BY TYPE

  • Sensors
    • Gyroscopes
    • Accelerometers
    • Pressure Sensors
    • Inertial Combos
    • Microphones
    • Magnetometers
    • Others (Environment and Optical Sensors)
  • Actuators
    • Inkjet Systems
    • Optical MEMS (Projection Systems, Autofocus, Micromirror, and Micro-displays)
    • Oscillators & Resonators
    • Microfluidic Bio-chips
    • RF MEMS
    • Others (PIR and Thermopiles, Microbolometers, and Digital Compasses)

BY INDUSTRY VERTICAL

  • Consumer Electronics
  • Automotive
  • Industrial
  • Aerospace & Defense
  • Healthcare
  • Telecommunication

BY GEOGRAPHY

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

KEY PLAYERS

  • Analog Devices, Inc.
  • Avago Technologies (Broadcom Ltd.)
  • Denso Corporation
  • Hewlett Packard Corporation
  • Knowles Corporation (Knowles Electronics Holdings, Inc.)
  • NXP Semiconductors N.V. (Freescale Semiconductor, Inc.)
  • Panasonic Corporation
  • Robert Bosch GmbH
  • ST Microelectronics N.V.
  • Texas Instruments Inc.
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