Global Microelectromechanical System (MEMS) Sensor Market Size study, by Type (Sensors, Actuators), by Application (Consumer Electronics, Automotive, Aerospace & Defense, Healthcare, Telecommunication, Others) and Regional Forecasts 2020-2027

  • Product Code:
    RP-ID-10346907
  • Published Date:
    22 Feb 2021
  • Region:
    Global
  • Pages:
    200
  • Category:
    Semiconductor & Electronics
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

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Global Microelectromechanical System (MEMS) Sensor Market is valued at approximately USD 54.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 11.3% over the forecast period 2020-2027. Microelectromechanical systems (MEMS) are a type of micrometer-scale devices that incorporate mechanical and electrical elements. The micro-electromechanical systems (MEMS) technology consists of extremely compact, moving electrical elements, and mechanical parts. This technology is primarily used to produce sensors, including digital compasses, accelerometers, inertial modules, gyroscopes, humidity sensors, microphones, and pressure sensors. The evolution in MEMS sensors technology has led to reduction in size of the sensor, making it cost-effective, efficient, and compatible at the same time. Thus, microelectromechanical system (MEMS) system is gaining significant prominence in a range of industrial applications, such as consumer electronic, healthcare, automotive, among others. Moreover, increasing safety concerns and regularity constraints is likely to increase the adoption of MEMS sensor in the automotive sector. They are used for electronic stability control, tire pressure monitoring, frontal airbag, and side airbags. According to the International Organization of Motor Vehicle Manufacturers, the global production of automotive vehicles estimated around 17.8 million units in Q1 2020, and the production is increased to nearly 52 million units in Q3 2020. Thus, the increased automobile production and vehicles penetration may act a significant factor that drives the demand for MEMS sensor market. In addition, the increasing implementation of MEMS sensor in smartphone has become essential as it directly soldered onto the circuit boards, which reduces the cost of the smartphone manufacturing and improve the lifespan of mobile devices. Thus, the rise in smartphone penetration, along with the high adoption of automation sensors and technology are the few factors responsible for the CAGR of the market during the forecast period. According to Statista, the smartphone penetration stood at around 38% in 2018 and is increased to almost 44.9% in 2020, thereby strengthening the demand for Microelectromechanical System (MEMS) Sensor. This, in turn, is contributing to the higher market growth around the world. However, the lack of technological knowledge for the development of MEMS sensors among manufacturers is one of the prime the few factors restraining the market growth over the forecast period of 2020-2027.

The regional analysis of the global Microelectromechanical System (MEMS) Sensor market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising investments in MEMS research and development activities, along with the wide presence of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in production of automotive vehicles and consumer electronic, coupled with increasing rate of industrialization in the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the Microelectromechanical System (MEMS) Sensor market in the Asia-Pacific region.

Major market player included in this report are:
Panasonic Corp.
Robert Bosch GmbH
STMicroelectronics N.V.
Texas Instruments
Analog Devices Inc.
Broadcom
Denso Corporation
HP Inc.
NXP Semiconductors
Knowles Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Sensors
Actuators

By Application:
Consumer Electronics
Automotive
Aerospace & Defense
Healthcare
Telecommunication
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Microelectromechanical System (MEMS) Sensor Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Microelectromechanical System (MEMS) Sensor Market, by Region, 2018-2027 (USD Billion)
1.2.2. Microelectromechanical System (MEMS) Sensor Market, by Type, 2018-2027 (USD Billion)
1.2.3. Microelectromechanical System (MEMS) Sensor Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Microelectromechanical System (MEMS) Sensor Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Microelectromechanical System (MEMS) Sensor Market Dynamics
3.1. Microelectromechanical System (MEMS) Sensor Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Microelectromechanical System (MEMS) Sensor Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Microelectromechanical System (MEMS) Sensor Market, by Type
5.1. Market Snapshot
5.2. Global Microelectromechanical System (MEMS) Sensor Market by Type, Performance - Potential Analysis
5.3. Global Microelectromechanical System (MEMS) Sensor Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. Microelectromechanical System (MEMS) Sensor Market, Sub Segment Analysis
5.4.1. Sensors
5.4.2. Actuators
Chapter 6. Global Microelectromechanical System (MEMS) Sensor Market, by Application
6.1. Market Snapshot
6.2. Global Microelectromechanical System (MEMS) Sensor Market by Application, Performance - Potential Analysis
6.3. Global Microelectromechanical System (MEMS) Sensor Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Microelectromechanical System (MEMS) Sensor Market, Sub Segment Analysis
6.4.1. Consumer Electronics
6.4.2. Automotive
6.4.3. Aerospace & Defense
6.4.4. Healthcare
6.4.5. Telecommunication
6.4.6. Others
Chapter 7. Global Microelectromechanical System (MEMS) Sensor Market, Regional Analysis
7.1. Microelectromechanical System (MEMS) Sensor Market, Regional Market Snapshot
7.2. North America Microelectromechanical System (MEMS) Sensor Market
7.2.1. U.S. Microelectromechanical System (MEMS) Sensor Market
7.2.1.1. Type breakdown estimates & forecasts, 2017-2027
7.2.1.2. Application breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Microelectromechanical System (MEMS) Sensor Market
7.3. Europe Microelectromechanical System (MEMS) Sensor Market Snapshot
7.3.1. U.K. Microelectromechanical System (MEMS) Sensor Market
7.3.2. Germany Microelectromechanical System (MEMS) Sensor Market
7.3.3. France Microelectromechanical System (MEMS) Sensor Market
7.3.4. Spain Microelectromechanical System (MEMS) Sensor Market
7.3.5. Italy Microelectromechanical System (MEMS) Sensor Market
7.3.6. Rest of Europe Microelectromechanical System (MEMS) Sensor Market
7.4. Asia-Pacific Microelectromechanical System (MEMS) Sensor Market Snapshot
7.4.1. China Microelectromechanical System (MEMS) Sensor Market
7.4.2. India Microelectromechanical System (MEMS) Sensor Market
7.4.3. Japan Microelectromechanical System (MEMS) Sensor Market
7.4.4. Australia Microelectromechanical System (MEMS) Sensor Market
7.4.5. South Korea Microelectromechanical System (MEMS) Sensor Market
7.4.6. Rest of Asia Pacific Microelectromechanical System (MEMS) Sensor Market
7.5. Latin America Microelectromechanical System (MEMS) Sensor Market Snapshot
7.5.1. Brazil Microelectromechanical System (MEMS) Sensor Market
7.5.2. Mexico Microelectromechanical System (MEMS) Sensor Market
7.6. Rest of The World Microelectromechanical System (MEMS) Sensor Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Panasonic Corp.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Robert Bosch GmbH
8.2.3. STMicroelectronics N.V.
8.2.4. Texas Instruments
8.2.5. Analog Devices Inc.
8.2.6. Broadcom
8.2.7. Denso Corporation
8.2.8. HP Inc.
8.2.9. NXP Semiconductors
8.2.10. Knowles Corporation.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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Panasonic Corp.
Robert Bosch GmbH
STMicroelectronics N.V.
Texas Instruments
Analog Devices Inc.
Broadcom
Denso Corporation
HP Inc.
NXP Semiconductors
Knowles Corporation

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