Micro-Electro-Mechanical System (MEMS) Market

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Micro-Electro-Mechanical System (MEMS) Market Size, Share & Industry Growth Analysis Report by Sensor Type (Inertial, Pressure, Microphone, Micxrospeaker, Environmental Sensor, Optical Sensor), Actuator Type(Optical, Inkjet Head, Microfluidics and RF), Vertical and Region - Global Growth Driver and Industry Forecast to 2028

FREE BROCHURE FREE SAMPLE REPORT
Report Code: SE 5263 Jan, 2023, by marketsandmarkets.com

According to MarketsandMarkets, the MEMS market is projected to grow from USD 14.8 billion in 2022 to USD 22.9 billion by 2028, registering a CAGR of 7.6% during the forecast period. Cloud computing is a well-researched domain for various computational means. The use of MEMS technology in cloud computing ensures high-level security, contrary to the conventional methods of securing data. Key factors driving the MEMS market include the growing use of radio-frequency microelectromechanical system (MEMS), increasing demand for IoT devices, and rising demand for consumer electronics. Players in the MEMS market adopted growth strategies such as product launches, partnerships, collaborations, and strategic alliances to cater to the growing demand for MEMS systems and expand their global footprint to all the major regions.

The objective of the report is to define, describe, and forecast the MEMS market based on sensor type, actuator type, vertical, and region.

Micro-Electro-Mechanical System (MEMS) Market

Micro-Electro-Mechanical System (MEMS) Market Forecast to 2028

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MEMS Market Dynamics

Driver: Growing use of radio-frequency microelectromechanical system (MEMS)

MEMS-based switches are expected to substitute existing products and be used in new applications, such as smartphones and consumer electronics devices. RF MEMS is also expected to replace the electromechanical relay (EMR) as it is comparatively slow, large, consumes more DC power, and has a short operating life. It will be used in telecommunications, aerospace, defense, and many other applications. The benefits of RF MEMS switch over EMR are that a MEMS switch is 1,000x faster and at least 90% smaller, virtually has no power consumption, can survive more than 3 billion switching operations, and handles relatively high incident RF power.

Additionally, to achieve the performance goals of 5G, network infrastructure will need to be considerably denser than the 4G LTE network. Carriers plan to use many small cells with phased array antennas connected to a local processing resource. It will also depend on the frequency the carrier is using in the particular region. RF MEMS technology can provide significant value when used in the RF front end as part of a phased array. 5G infrastructure vendors are implementing RF MEMS tuners for use in RF phase shifter circuits attached to each element in the array. RF MEMS technology can deliver half the insertion loss through the phase shifter compared to Silicon-on-Insulator (SOI) technology for sub-6 GHz 5G frequencies. Thus, as RF MEMS technology can offer several benefits compared with present technologies in the market, its use is growing across several verticals at a significant rate.

Restraint: High production and testing costs associated with microelectromechanical system (MEMS) devices

The cost of research and development for designing new Micro-Electro-Mechanical System components is high. Additionally, fabrication cleanrooms and foundry facilities require high upfront setup costs. For new players operating at smaller production scales, the costs of fabrication and assembly units are extremely high due to lower economies of scale. As a result, MEMS is unsuitable for niche applications unless cost is not an issue. Testing equipment to characterize the quality and performance is also expensive, making it a significant investment for any player to establish its position in the micro-electro-mechanical system market.

Opportunities: Advancements in sensor fusion technology

Sensor fusion is the combination of different data from sensors that may result in complex analysis, which is not possible with the use of sensors singularly and/or separately. Sensor fusion technology is increasingly being used in consumer electronics such as smartphones, wearable devices, and tablets. In the automotive vertical, this technology is used in advanced driver-assisted systems, electronic stability control systems, collision avoidance systems, and parking assist systems. Along with traditional applications, sensor fusion is also being used in sports and biomedical applications. Sensor fusion enables context awareness, which can be used with the Internet of Things (IoT). The IoT allows users and things to be connected anytime, anywhere, for anything using any network or service. The technology creates a large source of information for humans in which objects around know what users like, want, and then act accordingly without unambiguous instructions. Context-aware communication and computing are key technologies enabling intelligent interactions in IoT architecture.

To add a few applications, the smart home is an exciting prospect for sensor fusion technology. Smart homes are expected to have various sensors ranging from temperature and humidity sensors to CCTV cameras and motion detectors. Integrating all such sensor technologies can result in better security and more comfort. Smart transportation applications for sensor fusion include vehicle tracking, speed detectors, traffic density detector, and vehicle routing. Thus, advancements in sensor fusion technology are expected to create lucrative opportunities for the players in the micro-electro-mechanical system market.

Challenges: High complexity issues attributed to miniaturization of devices

With the advent of new compact and portable devices, MEMS manufacturers face the challenge of meeting the customers’ changing needs. The system integrators prefer combining combo sensors with standalone MEMS to reduce the system’s overall size. These sensors combine two or more sensors, such as a gyroscope, accelerometer, magnetometer, pressure sensor, and compass, in a single device, thus offering a compact and cost-effective solution for integrators. The adoption of combo sensors leads to changes in the design of components and systems, reducing the overall system’s MEMS (Micro-Electro-Mechanical System) Market size and dimensions.

However, one of the major challenges for further implementing MEMS into mainstream applications is to stabilize and standardize the fabrication techniques.

Consumer Electronics Vertical to acquire significant share in MEMS (Micro-Electro-Mechanical System) market report

Consumer electronics holds a significant share in the MEMS vertical segment. MEMS are driving the emergence of innovative wearable gadgets. These systems are mainly used in electronic equipment including wearable devices; smartphones, tablets, laptops; portable navigation devices; portable media players; digital cameras; and gaming consoles; as well as e-readers. A few of the most commonly used MEMS in consumer electronics include accelerometers, gyroscopes, magnetic compass, pressure sensors, temperature, and humidity sensors, MEMS microphones, MEMS micro-mirror, bulk acoustic wave (BAW) filters and duplexers, RF switches, TCXO oscillators, ambient light sensor and proximity sensors, microdisplays, and magnetometers.

Inertial Sensor to command largest share in MEMS market

Inertial sensors accounted largest Micro-Electro-Mechanical System (MEMS) Industry share. This growth is attributed to the increased usage of inertial sensors such as accelerometers, gyroscopes, magnetometers, and inertial combo sensors in automotive applications such as electronic stability control (ESC), traction control system (TCS), and anti-lock braking system (ABS), as well as in consumer and wearable applications for location-based services, gaming, and built-in compass app providing screen orientation and for undoing actions by shaking the wearable and electronic devices.

MEMS (Micro-Electro-Mechanical System) market to witness highest demand from Asia Pacific

The dominant position of China in the Asia Pacific MEMS market can be attributed to the deployment of MEMS technology in consumer electronics, automotive, and other verticals. The Asia Pacific market is further segmented into China, Japan, South Korea, India, and the Rest of Asia Pacific. Asia Pacific is a major market for consumer electronics, automobiles, and industrial. This region has become a global focal point for large investments and business expansion opportunities.

In China, there is a huge demand for smartphones, wearable devices, and other connecting devices. Moreover, the Chinese market is expected to grow exponentially due to the availability of leading automotive manufacturing facilities. The developing economy and the growing implementation of MEMS sensors in most verticals are the driving factors for the growth of the micro-electro-mechanical system market in China.

Micro-Electro-Mechanical System (MEMS) Market by Region

Micro-Electro-Mechanical System (MEMS) Market by Region

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Key market players

Major vendors in the Micro-Electro-Mechanical System (MEMS) Companies analysis include STMicroelectronics (Switzerland), Robert Bosch (Germany), Analog Devices (US), NXP Semiconductors (Netherlands), Texas Instruments (US), Panasonic Corp. (Japan), TE Connectivity (Switzerland), Broadcom (US), Honeywell International (US), and Knowles Corp. LLC (US), among others.

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Scope of the Report

Report Metric

Details

Market Size Available for Years

2019–2028

Base Year

2022

Forecast Period

2023–2028

Units

Value (USD Million/USD Billion)

Segments Covered

Sensor Type, Actuator Type, Vertical, and Region

Regions Covered

North America, Europe, Asia Pacific, and RoW

Companies Covered

STMicroelectronics (Switzerland), Robert Bosch (Germany), Analog Devices (US), NXP Semiconductors (Netherlands), Texas Instruments (US), Panasonic Corp. (Japan), TE Connectivity (Switzerland), Broadcom (US), Honeywell International US), and Knowles Corp. LLC (US).

A total of 32 players are profiled in the report.

Micro-Electro-Mechanical System (MEMS) Market Highlights

This report categorizes the MEMS market based on sensor type, actuator type, vertical, and region.

Segment

Subsegment

By Sensor Type
  • Inertial Sensors
  • Pressure Sensors
  • Microphones
  • Microspeakers
  • Environmental Sensors
  • Optical Sensors
  • Others

By Actuator Type
  • Optical
  • Microfluidics
  • Inkjet Head
  • RF

By Vertical
  • Automotive
  • Consumer Electronics
  • Defense
  • Aerospace
  • Industrial
  • Healthcare
  • Telecom              

By Region
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • RoW
    • Middle East
    • Africa
    • South America

Recent Developments

  • In October 2022, Bosch Sensortec has launched the BMI323, an affordable Inertial Measurement Unit (IMU) with excellent performance and integrated features enabling a shorter development time. The BMI323’s combination of simplicity with an excellent price-performance ratio will open new applications for IMUs. Like its predecessor, BMI160, the new BMI323 is a general-purpose, low-power IMU that combines precise acceleration and angular rate (gyroscopic) measurement with intelligent integrated features that are triggered by motion.
  • In February 2022, STMicroelectronics has introduced its third generation of MEMS sensors. The new sensors enable the next leap in performance and features for consumer mobiles and smart industries, healthcare, and retail. To be included in selected variants, extra features include ST’s machine-learning core (MLC) and electrostatic sensing.
  • In May 2022, STMicroelectronics has teamed with AWS and Microsoft to expand its reach into the IoT realm. On the AWS front, STMicroelectronics now offers a reference implementation that makes for an easier and more secure connection of IoT devices to the AWS cloud. Meanwhile, in a joint effort with Microsoft, STMicroelectronics has endeavored to strengthen the security of emerging IoT applications.
  • In May 2022, Texas Instruments broke down on the first of four potential 300-mm semiconductor manufacturing facilities (Fabs) in Sherman, Texas. Its potential USD 30 billion investment to expand its manufacturing capacity over the long term is the largest private sector economic investment in Texas history.

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 29)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS AND EXCLUSIONS 
    1.4 STUDY SCOPE 
           1.4.1 MARKETS COVERED
                    FIGURE 1 MEMS MARKET SEGMENTATION
           1.4.2 REGIONAL SCOPE
                    FIGURE 2 MEMS MARKET, BY REGION
           1.4.3 YEARS CONSIDERED
    1.5 CURRENCY CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 34)
    2.1 RESEARCH DATA 
           FIGURE 3 MEMS MARKET: PROCESS FLOW OF MEMS (MICRO-ELECTRO-MECHANICAL SYSTEM) MARKET SIZE ESTIMATION
           FIGURE 4 MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) INDUSTRY: RESEARCH DESIGN
    2.2 SECONDARY AND PRIMARY RESEARCH 
           FIGURE 5 MEMS MARKET: RESEARCH APPROACH
           2.2.1 SECONDARY DATA
                    2.2.1.1 Major secondary sources
                    2.2.1.2 Key data from secondary sources
           2.2.2 PRIMARY DATA
                    2.2.2.1 Primary interviews with experts
                    2.2.2.2 Breakdown of primaries
                    2.2.2.3 Key data from primary sources
                    2.2.2.4 Key industry insights
    2.3 MEMS (MICRO-ELECTRO-MECHANICAL SYSTEM) MARKET SIZE ESTIMATION 
           2.3.1 BOTTOM-UP APPROACH
                    2.3.1.1 Approach to estimate market size by bottom-up analysis (demand side)
                               FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    2.3.2.1 Approach to estimate market size by top-down analysis (supply side)
                               FIGURE 7 MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
                               FIGURE 8 METHODOLOGY TO ESTIMATE MEMS MARKET SIZE USING SUPPLY-SIDE ANALYSIS
    2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 9 MARKET: DATA TRIANGULATION
    2.5 RESEARCH ASSUMPTIONS AND LIMITATIONS 
           2.5.1 RESEARCH ASSUMPTIONS
                    FIGURE 10 ASSUMPTIONS FOR RESEARCH
           2.5.2 RESEARCH LIMITATIONS
    2.6 RISK ASSESSMENT 
           FIGURE 11 RISK ASSESSMENT
 
3 EXECUTIVE SUMMARY (Page No. - 47)
    FIGURE 12 INERTIAL SENSORS HELD LARGEST MEMS (MICRO-ELECTRO-MECHANICAL SYSTEM) MARKET SHARE IN 2022
    FIGURE 13 RF ACTUATORS TO HOLD MAJOR SHARE OF MEMS MARKET THROUGHOUT FORECAST PERIOD
    FIGURE 14 CONSUMER ELECTRONICS, AUTOMOTIVE, INDUSTRIAL, AND HEALTHCARE CONSIDERED TO BE MOST PROMISING VERTICALS IN MEMS MARKET
    FIGURE 15 ASIA PACIFIC TO BE FASTEST-GROWING REGION IN MEMS MARKET DURING FORECAST PERIOD
 
4 PREMIUM INSIGHTS (Page No. - 52)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MEMS MARKET 
           FIGURE 16 INCREASING DEMAND FOR MEMS FROM CONSUMER ELECTRONICS VERTICAL TO BOOST MARKET GROWTH
    4.2 MEMS MARKET, BY SENSOR TYPE 
           FIGURE 17 MICROSPEAKERS TO REGISTER HIGHEST CAGR IN MEMS MARKET DURING FORECAST PERIOD
    4.3 MICRO-ELECTRO-MECHANICAL SYSTEM  MARKET, BY ACTUATOR TYPE 
           FIGURE 18 RF ACTUATORS TO HOLD LARGEST SIZE IN 2028
    4.4 MEMS MARKET, BY VERTICAL 
           FIGURE 19 CONSUMER ELECTRONICS TO ACCOUNT LARGEST MEMS (MICRO-ELECTRO-MECHANICAL SYSTEM) MARKET SHARE IN 2023
    4.5 MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) INDUSTRY, BY SENSOR TYPE AND ACTUATOR TYPE 
           FIGURE 20 BY VOLUME, SENSORS TO ACCOUNT FOR LARGER SHARE OF MEMS MARKET, DURING FORECAST PERIOD
    4.6 MICRO-ELECTRO-MECHANICAL SYSTEM  MARKET, BY COUNTRY 
           FIGURE 21 INDIA TO REGISTER HIGHEST CAGR IN GLOBAL MEMS MARKET DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 55)
    5.1 INTRODUCTION 
    5.2 MEMS MARKET EVOLUTION 
    5.3 MARKET DYNAMICS 
           FIGURE 22 MEMS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.3.1 DRIVERS
                    FIGURE 23 MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET ANALYSIS OF IMPACT OF DRIVERS
                    5.3.1.1 Growing use of RF MEMS technology in consumer electronics and LTE networks
                    5.3.1.2 Increasing demand for IoT devices by manufacturing firms
                    5.3.1.3 Rising demand for consumer electronics
           5.3.2 RESTRAINTS
                    FIGURE 24 MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET ANALYSIS OF IMPACT OF RESTRAINTS
                    5.3.2.1 High production and testing costs of MEMS devices
                    5.3.2.2 Lack of standardized fabrication processes for MEMS
           5.3.3 OPPORTUNITIES
                    FIGURE 25 MEMS MARKET: ANALYSIS OF IMPACT OF OPPORTUNITIES
                    5.3.3.1 Advancements in sensor fusion technology
                    5.3.3.2 Widening application scope of MEMS technology
           5.3.4 CHALLENGES
                    FIGURE 26 MEMS MARKET: ANALYSIS OF IMPACT OF CHALLENGES
                    5.3.4.1 Supply chain disruptions
                    5.3.4.2 Complexities associated with miniaturization of MEMS devices
    5.4 VALUE CHAIN ANALYSIS 
           FIGURE 27 MEMS MARKET: VALUE CHAIN ANALYSIS
    5.5 ECOSYSTEM ANALYSIS 
           FIGURE 28 MEMS MARKET: ECOSYSTEM ANALYSIS
           TABLE 1 COMPANIES AND ROLES IN MEMS ECOSYSTEM
    5.6 PRICING ANALYSIS 
           FIGURE 29 AVERAGE SELLING PRICE OF MEMS OFFERED BY KEY PLAYERS, BY SENSOR TYPE (USD)
           5.6.1 AVERAGE SELLING PRICE TREND FOR ACCELEROMETERS
           5.6.2 AVERAGE SELLING PRICE TREND FOR TEMPERATURE SENSORS
           5.6.3 AVERAGE SELLING PRICE TREND FOR PRESSURE SENSORS
    5.7 PRODUCT TREND ANALYSIS 
           5.7.1 ULTRA-LOW-POWER HALL SWITCH SENSORS
           5.7.2 MEMS-BASED 3D VISION SCANNERS
           5.7.3 HIGH-PERFORMANCE ANGULAR RATE SENSORS (GYROMETERS)
           5.7.4 INTELLIGENT DIGITAL GAS MASS FLOW METERS
                    5.7.4.1 Use of piezoelectric film as functional film with silicon-based MEMS in ultrasonic sensors
    5.8 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN MEMS MARKET 
           FIGURE 30 REVENUE SHIFT IN MEMS MARKET
    5.9 TECHNOLOGY ANALYSIS 
           5.9.1 CAPACITIVE MICROMACHINED ULTRASONIC TRANSDUCERS (CMUTS) AND PIEZOELECTRIC MICROMACHINED ULTRASONIC TRANSDUCERS (PMUTS)
           5.9.2 FLEXIBLE RF MEMS
           5.9.3 3D-PRINTED MICROFLUIDIC MEMS
           5.9.4 MEMS MICROMIRRORS
    5.10 PORTER’S FIVE FORCES ANALYSIS 
           TABLE 2 IMPACT OF PORTER’S FIVE FORCES ON MEMS MARKET
           FIGURE 31 MEMS MARKET: PORTER’S FIVE FORCES ANALYSIS, 2022
           5.10.1 THREAT OF NEW ENTRANTS
           5.10.2 THREAT OF SUBSTITUTES
           5.10.3 BARGAINING POWER OF SUPPLIERS
           5.10.4 BARGAINING POWER OF BUYERS
           5.10.5 INTENSITY OF COMPETITIVE RIVALRY
    5.11 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
                     FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS
                     TABLE 3 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS (%)
           5.11.2 BUYING CRITERIA
                     FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 VERTICALS
                     TABLE 4 KEY BUYING CRITERIA FOR TOP 3 VERTICALS
    5.12 CASE STUDY ANALYSIS 
           5.12.1 SMAXTEC USES ST MEMS ACCELEROMETER TO RESOLVE INSEMINATION CHALLENGE
           5.12.2 GERMAN AUTOLABS USES MCU AND ST MEMS MICROPHONES OFFERED BY STMICROELECTRONICS TO DESIGN INTERACTIVE, FEATURE-RICH PERSONAL ASSISTANT
           5.12.3 TRUSTED POSITIONING USES MEMS IMU TO SIMPLIFY INERTIAL FRAME ALIGNMENT OF ITS SYSTEMS
    5.13 TRADE ANALYSIS 
           5.13.1 PRESSURE SENSORS
                     FIGURE 34 EXPORT DATA FOR HS CODE 902690 OF MEMS MARKET, BY KEY COUNTRY, 2017–2021 (USD MILLION)
                     FIGURE 35 IMPORT DATA FOR HS CODE 902690 OF MEMS MARKET, BY KEY COUNTRY, 2017–2021 (USD MILLION)
           5.13.2 MICROPHONE SENSORS
                     FIGURE 36 EXPORT DATA FOR HS CODE 851890 OF MEMS MARKET, BY KEY COUNTRY, 2017–2021 (USD MILLION)
                     FIGURE 37 IMPORT DATA FOR HS CODE 851890 OF MEMS MARKET, BY KEY COUNTRY, 2017–2021 (USD MILLION)
    5.14 PATENT ANALYSIS 
           FIGURE 38 TOP MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS
           FIGURE 39 NUMBER OF PATENTS GRANTED PER YEAR, 2012–2021
           TABLE 5 LIST OF TOP 20 PATENT OWNERS IN LAST 10 YEARS
           5.14.1 LIST OF MAJOR PATENTS
    5.15 KEY CONFERENCES AND EVENTS, 2023 
           TABLE 6 MEMS MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
    5.16 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 
           5.16.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS RELATED TO MEMS MARKET
                     TABLE 7 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 8 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 9 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           5.16.2 STANDARDS AND REGULATIONS
                    5.16.2.1 North America
                                     5.16.2.1.1 US
                                                    5.16.2.1.1.1 SEMI MS12 - Specification for silicon substrates used in fabrication of MEMS devices
                                                    5.16.2.1.1.2 SEMI MS13 - Guide for use of test patterns for characterizing deep reactive ion etching (DRIE) process
                    5.16.2.2 Europe
                                     5.16.2.2.1 CSN EN 62047-4 Semiconductor devices - Micro-electro-mechanical devices - Part 4: Generic specification for MEMS
                                                    5.16.2.2.1.1 CSN EN 62047-6 Semiconductor devices - Micro-electro-mechanical devices - Part 6: Axial Fatigue Testing Methods Of Thin-Film Materials (IEC 62047-6:2009)
                                                    5.16.2.2.1.2 CSN EN 62047-5 Semiconductor devices - Micro-electro-mechanical devices - Part 5: RF MEMS switches
                                                    5.16.2.2.1.3 BS IEC 62047-28:2017 Semiconductor devices - Micro-electro-mechanical devices - Performance testing method of vibration-driven MEMS energy harvesting devices
                                                    5.16.2.2.1.4 BS IEC 62047-33:2019 Semiconductor devices - Micro-electro-mechanical devices MEMS piezoresistive pressure-sensitive device
 
6 MEMS MARKET, BY SENSOR TYPE (Page No. - 92)
    6.1 INTRODUCTION 
           TABLE 10 MEMS MARKET, BY SENSOR TYPE, 2019–2022 (USD MILLION)
           TABLE 11 MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) INDUSTRY, BY SENSOR TYPE, 2023–2028 (USD MILLION)
           FIGURE 40 INERTIAL SENSORS TO HOLD LARGEST SHARE OF MEMS MARKET, BY SENSOR TYPE, DURING FORECAST PERIOD
           TABLE 12 MEMS MARKET, BY SENSOR TYPE, 2019–2022 (MILLION UNITS)
           TABLE 13 MEMS MARKET, BY SENSOR TYPE, 2023–2028 (MILLION UNITS)
    6.2 INERTIAL SENSORS 
           6.2.1 INCREASING DEMAND FOR MEMS IN AUTOMOTIVE, CONSUMER ELECTRONICS, AND COMMUNICATIONS APPLICATIONS
                    TABLE 14 INERTIAL SENSORS: MEMS MARKET, BY TYPE, 2019–2022 (USD MILLION)
                    TABLE 15 INERTIAL SENSORS: MEMS MARKET, BY TYPE, 2023–2028 (USD MILLION)
                    FIGURE 41 COMBO SENSORS TO RECORD HIGHEST CAGR IN MEMS MARKET FOR INERTIAL SENSORS DURING FORECAST PERIOD
                    TABLE 16 INERTIAL SENSORS: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                    TABLE 17 INERTIAL SENSORS: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           6.2.2 ACCELEROMETERS
                    6.2.2.1 Increasing need for vehicle safety
                               TABLE 18 ACCELEROMETERS: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                               TABLE 19 ACCELEROMETERS: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           6.2.3 GYROSCOPES
                    6.2.3.1 Rising demand for efficient braking and suspension systems
                               TABLE 20 GYROSCOPES: MICRO-ELECTRO-MECHANICAL SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                               TABLE 21 GYROSCOPES: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           6.2.4 MAGNETOMETERS
                    6.2.4.1 Surging use of electronic compass in portable consumer electronic devices
                               TABLE 22 MAGNETOMETERS: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                               TABLE 23 MAGNETOMETERS: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           6.2.5 COMBO SENSORS
                    6.2.5.1 Growing adoption in high-end smartphones and tablets
                               TABLE 24 COMBO SENSORS: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                               TABLE 25 COMBO SENSORS: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    6.3 PRESSURE SENSORS 
           6.3.1 RISING OPPORTUNITIES FOR PROVIDERS OF INVASIVE AND IMPLANTABLE MEDICAL DEVICES
                    TABLE 26 PRESSURE SENSORS: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                    TABLE 27 PRESSURE SENSORS: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    6.4 MICROPHONES 
           6.4.1 RAPID ADVANCEMENTS IN MEMS MICROPHONES USED IN AUTOMOTIVE APPLICATIONS
                    TABLE 28 MICROPHONES: MICRO-ELECTRO-MECHANICAL SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                    TABLE 29 MICROPHONES: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    6.5 MICROSPEAKERS 
           6.5.1 GROWING USE OF MEMS MICROSPEAKERS IN AUTOMATED PRODUCTION LINES
                    TABLE 30 MICROSPEAKERS: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                    TABLE 31 MICROSPEAKERS: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    6.6 ENVIRONMENTAL SENSORS 
           6.6.1 SURGING DEPLOYMENT IN SMARTPHONES, WEARABLE EQUIPMENT, AND SMART HOMES
                    TABLE 32 ENVIRONMENTAL SENSORS: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                    TABLE 33 ENVIRONMENTAL SENSORS: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    6.7 OPTICAL SENSORS 
           6.7.1 INCREASING DEPLOYMENT IN VARIOUS INDUSTRIAL AND RESEARCH APPLICATIONS
                    TABLE 34 OPTICAL SENSORS: MEMS MARKET, BY TYPE, 2019–2022 (USD MILLION)
                    TABLE 35 OPTICAL SENSORS: MEMS MARKET, BY TYPE, 2023–2028 (USD MILLION)
                    FIGURE 42 PIR & THERMOPILE SENSORS TO WITNESS HIGHER CAGR IN MEMS MARKET FOR OPTICAL SENSORS DURING FORECAST PERIOD
                    TABLE 36 OPTICAL SENSORS: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                    TABLE 37 OPTICAL SENSORS: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           6.7.2 MICROBOLOMETERS
                    6.7.2.1 Rising applications ranging from night vision to medical imaging technologies
                               TABLE 38 MICROBOLOMETERS: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                               TABLE 39 MICROBOLOMETERS: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           6.7.3 PIR & THERMOPILES
                    6.7.3.1 Growing adoption in applications such as remote temperature measurement, spectroscopy, and non-dispersive infrared gas detection
                               TABLE 40 PIR & THERMOPILES: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                               TABLE 41 PIR & THERMOPILES: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    6.8 OTHERS 
           TABLE 42 OTHERS: MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) INDUSTRY, BY VERTICAL, 2019–2022 (USD MILLION)
           TABLE 43 OTHERS: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
 
7 MEMS MARKET, BY ACTUATOR TYPE (Page No. - 112)
    7.1 INTRODUCTION 
           TABLE 44 MEMS MARKET, BY ACTUATOR TYPE, 2019–2022 (USD MILLION)
           TABLE 45 MEMS MARKET, BY ACTUATOR TYPE, 2023–2028 (USD MILLION)
           FIGURE 43 RF TO BE FASTEST-GROWING ACTUATOR TYPE IN MEMS MARKET DURING FORECAST PERIOD
           TABLE 46 MEMS MARKET, BY ACTUATOR TYPE, 2019–2022 (MILLION UNITS)
           TABLE 47 MEMS MARKET, BY ACTUATOR TYPE, 2023–2028 (MILLION UNITS)
    7.2 OPTICAL 
           7.2.1 INCREASING DEMAND FOR OPTICAL MEMS IN PORTABLE CONSUMER DEVICES
                    TABLE 48 OPTICAL: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                    TABLE 49 OPTICAL: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    7.3 MICROFLUIDICS 
           7.3.1 SURGING ADOPTION IN DIAGNOSTICS, PHARMACEUTICAL, AND LIFE SCIENCES APPLICATIONS
                    FIGURE 44 MICROFLUIDIC MEMS ACTUATOR MARKET FOR HEALTHCARE VERTICAL, 2019–2028 (USD MILLION)
    7.4 INKJET HEAD 
           7.4.1 GROWING IMPLEMENTATION IN LCDS, PLASMA DISPLAYS, AND BIOMEDICAL APPLICATIONS
                    TABLE 50 INKJET HEAD: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                    TABLE 51 INKJET HEAD: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    7.5 RF 
           TABLE 52 RF: MICRO-ELECTRO-MECHANICAL SYSTEM MARKET, BY TYPE, 2019–2022 (USD MILLION)
           TABLE 53 RF: MEMS MARKET, BY TYPE, 2023–2028 (USD MILLION)
           FIGURE 45 OSCILLATORS TO BE FASTEST-GROWING TYPE OF RF ACTUATOR DURING FORECAST PERIOD
           TABLE 54 RF: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
           TABLE 55 RF: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           7.5.1 SWITCHES
                    7.5.1.1 Rising adoption of RF switches in mobile applications
                               TABLE 56 SWITCHES: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                               TABLE 57 SWITCHES: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           7.5.2 FILTERS
                    7.5.2.1 Advancements in radio technologies
                               TABLE 58 FILTERS: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                               TABLE 59 FILTERS: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           7.5.3 OSCILLATORS
                    7.5.3.1 Increasing demand owing to smaller size and better shock-resistance capacity
                               TABLE 60 OSCILLATORS: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                               TABLE 61 OSCILLATORS: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
 
8 MEMS MARKET, BY VERTICAL (Page No. - 123)
    8.1 INTRODUCTION 
           TABLE 62 MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
           TABLE 63 MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           FIGURE 46 TELECOM TO BE FASTEST-GROWING VERTICAL IN MEMS MARKET DURING FORECAST PERIOD
    8.2 AUTOMOTIVE 
           8.2.1 GROWING USE OF ELECTRONIC CONTROL SYSTEMS
                    TABLE 64 AUTOMOTIVE: MEMS MARKET, BY SENSOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 65 AUTOMOTIVE: MARKET, BY SENSOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 66 AUTOMOTIVE: MARKET, BY ACTUATOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 67 AUTOMOTIVE: MARKET, BY ACTUATOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 68 AUTOMOTIVE: MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 69 AUTOMOTIVE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.3 CONSUMER ELECTRONICS 
           8.3.1 EMERGENCE OF INNOVATIVE WEARABLE GADGETS
                    TABLE 70 CONSUMER ELECTRONICS: MEMS MARKET, BY SENSOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 71 CONSUMER ELECTRONICS: MARKET, BY SENSOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 72 CONSUMER ELECTRONICS: MARKET, BY ACTUATOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 73 CONSUMER ELECTRONICS: MARKET, BY ACTUATOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 74 CONSUMER ELECTRONICS: MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 75 CONSUMER ELECTRONICS: MARKET, BY REGION, 2023–2028 (USD MILLION)
                    FIGURE 47 INERTIAL SENSORS TO HOLD LARGEST SHARE OF MEMS MARKET FOR CONSUMER ELECTRONICS DURING FORECAST PERIOD
    8.4 DEFENSE 
           8.4.1 INTEGRATION OF SMART SENSORS IN MILITARY DEVICES DESIGNED FOR NAVIGATION AND SATELLITE ANTENNA POSITIONING APPLICATIONS
                    TABLE 76 DEFENSE: MEMS MARKET, BY SENSOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 77 DEFENSE: MARKET, BY SENSOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 78 DEFENSE: MARKET, BY ACTUATOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 79 DEFENSE: MARKET, BY ACTUATOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 80 DEFENSE: MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 81 DEFENSE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.5 AEROSPACE 
           8.5.1 TREMENDOUS GROWTH OPPORTUNITIES FOR ELECTRONIC COMPONENT MANUFACTURERS FOCUSED ON COMMERCIAL AIRCRAFT APPLICATIONS
                    TABLE 82 AEROSPACE: MICRO-ELECTRO-MECHANICAL SYSTEM MARKET, BY SENSOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 83 AEROSPACE: MARKET, BY SENSOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 84 AEROSPACE: MARKET, BY ACTUATOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 85 AEROSPACE: MARKET, BY ACTUATOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 86 AEROSPACE: MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 87 AEROSPACE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.6 INDUSTRIAL 
           8.6.1 RISING USE OF AUTOMATION TECHNOLOGY IN INDUSTRIAL SECTOR
                    TABLE 88 INDUSTRIAL: MEMS MARKET, BY SENSOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 89 INDUSTRIAL: MARKET, BY SENSOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 90 INDUSTRIAL: MARKET, BY ACTUATOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 91 INDUSTRIAL: MARKET, BY ACTUATOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 92 INDUSTRIAL: MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 93 INDUSTRIAL: MARKET, BY REGION, 2023–2028 (USD MILLION)
                    FIGURE 48 ASIA PACIFIC TO HOLD LARGEST SHARE OF MEMS MARKET FOR INDUSTRIAL VERTICAL DURING FORECAST PERIOD
    8.7 HEALTHCARE 
           8.7.1 RECENT MEMS TECHNOLOGY-RELATED INNOVATIONS IN SURGICAL TOOLS
                    TABLE 94 HEALTHCARE: MEMS MARKET, BY SENSOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 95 HEALTHCARE: MARKET, BY SENSOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 96 HEALTHCARE: MARKET, BY ACTUATOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 97 HEALTHCARE: MARKET, BY ACTUATOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 98 HEALTHCARE: MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 99 HEALTHCARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.8 TELECOM 
           8.8.1 SURGING DEMAND FOR BROADBAND INTERNET SERVICES
                    TABLE 100 TELECOM: MICRO-ELECTRO-MECHANICAL SYSTEM MARKET, BY ACTUATOR TYPE, 2019–2022 (USD MILLION)
                    TABLE 101 TELECOM: MARKET, BY ACTUATOR TYPE, 2023–2028 (USD MILLION)
                    TABLE 102 TELECOM: ARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 103 TELECOM: MARKET, BY REGION, 2023–2028 (USD MILLION)
           FIGURE 49 OPTICAL ACTUATORS TO WITNESS HIGHER CAGR IN MEMS MARKET FOR TELECOM VERTICAL DURING FORECAST PERIOD
 
9 MEMS MARKET, BY REGION (Page No. - 146)
    9.1 INTRODUCTION 
           FIGURE 50 MEMS MARKET: GEOGRAPHIC SNAPSHOT
           FIGURE 51 MEMS MARKET: REGIONAL SNAPSHOT
           TABLE 104 MEMS MARKET, BY REGION, 2019–2022 (USD MILLION)
           TABLE 105 MEMS MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.2 NORTH AMERICA 
           FIGURE 52 NORTH AMERICA: MEMS MARKET SNAPSHOT
           FIGURE 53 US TO HOLD LARGEST MEMS (MICRO-ELECTRO-MECHANICAL SYSTEM) MARKET SHARE OF NORTH AMERICAN IN 2028
           TABLE 106 NORTH AMERICA: MEMS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
           TABLE 107 NORTH AMERICA: MEMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
           9.2.1 US
                    9.2.1.1 Increasing demand for hybrid and electric cars
           9.2.2 CANADA
                    9.2.2.1 Surging use of tablets, wearable devices, gaming consoles, speakers, and routers
           9.2.3 MEXICO
                    9.2.3.1 Growing demand for smartphones
                               TABLE 108 NORTH AMERICA: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                               TABLE 109 NORTH AMERICA: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    9.3 EUROPE 
           FIGURE 54 EUROPE: MEMS MARKET SNAPSHOT
           FIGURE 55 FRANCE TO RECORD HIGHEST CAGR IN EUROPEAN MEMS MARKET DURING FORECAST PERIOD
           TABLE 110 EUROPE: MEMS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
           TABLE 111 EUROPE: MEMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
           9.3.1 GERMANY
                    9.3.1.1 Increasing adoption of MEMS technology in automotive industry
           9.3.2 FRANCE
                    9.3.2.1 Growing demand for portable electronic products by automobile companies
           9.3.3 UK
                    9.3.3.1 Thriving market for wearable electronics and connected devices
           9.3.4 ITALY
                    9.3.4.1 Booming consumer electronics sector
           9.3.5 REST OF EUROPE
                    TABLE 112 EUROPE: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                    TABLE 113 EUROPE: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    9.4 ASIA PACIFIC 
           FIGURE 56 ASIA PACIFIC: MEMS MARKET SNAPSHOT
           FIGURE 57 CHINA TO HOLD LARGEST MARKET SHARE IN ASIA PACIFIC DURING FORECAST PERIOD
           TABLE 114 ASIA PACIFIC: MEMS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
           TABLE 115 ASIA PACIFIC: MEMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
           9.4.1 CHINA
                    9.4.1.1 Prominent presence of MEMS fabrication equipment suppliers
           9.4.2 JAPAN
                    9.4.2.1 Presence of manufacturers of cars, construction vehicles, and motorcycles
           9.4.3 SOUTH KOREA
                    9.4.3.1 Robust presence of major consumer electronic companies
           9.4.4 INDIA
                    9.4.4.1 Ongoing research activities in MEMS technology
           9.4.5 REST OF ASIA PACIFIC
                    TABLE 116 ASIA PACIFIC: MICRO-ELECTRO-MECHANICAL SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                    TABLE 117 ASIA PACIFIC: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    9.5 ROW 
           FIGURE 58 SOUTH AMERICA TO EXHIBIT HIGHER CAGR IN MEMS MARKET IN ROW DURING FORECAST PERIOD
           TABLE 118 ROW: MEMS MARKET, BY REGION, 2019–2022 (USD MILLION)
           TABLE 119 ROW: MEMS MARKET, BY REGION, 2023–2028 (USD MILLION)
           9.5.1 SOUTH AMERICA
                    9.5.1.1 Brazil to dominate market for PCs, smartphones, and other consumer electronic products
           9.5.2 MIDDLE EAST & AFRICA
                    9.5.2.1 Increased demand for fuel-efficient and safe vehicles
                               TABLE 120 MIDDLE EAST & AFRICA: MEMS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
                               TABLE 121 MIDDLE EAST & AFRICA: MEMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                               TABLE 122 ROW: MEMS MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                               TABLE 123 ROW: MEMS MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
 
10 COMPETITIVE LANDSCAPE (Page No. - 170)
     10.1 INTRODUCTION 
     10.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS/RIGHT TO WIN 
     10.3 MARKET EVALUATION FRAMEWORK 
             10.3.1 PRODUCT PORTFOLIO
             10.3.2 REGIONAL FOCUS
             10.3.3 ORGANIC/INORGANIC STRATEGIES
     10.4 REVENUE ANALYSIS OF TOP 5 PLAYERS, 2022 
             FIGURE 59 REVENUE ANALYSIS OF TOP 5 PLAYERS, 2022
             TABLE 124 SHARE OF KEY PLAYERS IN MEMS MARKET, 2022
     10.5 COMPANY EVALUATION QUADRANT, 2022 
             10.5.1 STARS
             10.5.2 EMERGING LEADERS
             10.5.3 PERVASIVE PLAYERS
             10.5.4 PARTICIPANTS
                        FIGURE 60 MEMS MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2022
     10.6 START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT, 2022 
             10.6.1 PROGRESSIVE COMPANIES
             10.6.2 RESPONSIVE COMPANIES
             10.6.3 DYNAMIC COMPANIES
             10.6.4 STARTING BLOCKS
                        FIGURE 61 MEMS MARKET (GLOBAL): START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT, 2022
     10.7 MEMS MARKET: COMPETITIVE BENCHMARKING 
             TABLE 125 COMPANY SENSOR TYPE FOOTPRINT (12 COMPANIES)
             TABLE 126 COMPANY VERTICAL FOOTPRINT (12 COMPANIES)
             TABLE 127 COMPANY REGIONAL FOOTPRINT (12 COMPANIES)
             TABLE 128 COMPANY FOOTPRINT (10 COMPANIES)
     10.8 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 
             TABLE 129 MEMS MARKET: DETAILED LIST OF KEY START-UPS/SMES
             TABLE 130 MEMS MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
     10.9 COMPETITIVE SCENARIOS AND MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET TRENDS 
             10.9.1 PRODUCT LAUNCHES
                        TABLE 131 MEMS MARKET: PRODUCT LAUNCHES
             10.9.2 DEALS
                        TABLE 132 MEMS MARKET: DEALS
             10.9.3 OTHERS
                        TABLE 133 MEMS MARKET: OTHERS
 
11 COMPANY PROFILES (Page No. - 189)
     11.1 INTRODUCTION 
     11.2 KEY PLAYERS 
(Business Overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths/Right to win, Strategic choices, Weaknesses/Competitive threats))*  
             11.2.1 ROBERT BOSCH
                        TABLE 134 ROBERT BOSCH: COMPANY OVERVIEW
                        FIGURE 62 ROBERT BOSCH: COMPANY SNAPSHOT
             11.2.2 BROADCOM
                        TABLE 135 BROADCOM: COMPANY OVERVIEW
                        FIGURE 63 BROADCOM: COMPANY SNAPSHOT
             11.2.3 QORVO, INC
                        TABLE 136 QORVO: COMPANY OVERVIEW
                        FIGURE 64 QORVO: COMPANY SNAPSHOT
             11.2.4 STMICROELECTRONICS
                        TABLE 137 STMICROELECTRONICS: COMPANY OVERVIEW
                        FIGURE 65 STMICROELECTRONICS: COMPANY SNAPSHOT
             11.2.5 TEXAS INSTRUMENTS
                        TABLE 138 TEXAS INSTRUMENTS: COMPANY OVERVIEW
                        FIGURE 66 TEXAS INSTRUMENTS: COMPANY SNAPSHOT
             11.2.6 GOERTEK MICROELECTRONICS (GOERMICRO)
                        TABLE 139 GOERTEK MICROELECTRONICS: BUSINESS OVERVIEW
             11.2.7 HEWLETT PACKARD
                        TABLE 140 HEWLETT PACKARD: COMPANY OVERVIEW
                        FIGURE 67 HEWLETT PACKARD: COMPANY SNAPSHOT
             11.2.8 TDK CORPORATION
                        TABLE 141 TDK CORPORATION: COMPANY OVERVIEW
                        FIGURE 68 TDK CORPORATION: COMPANY SNAPSHOT
             11.2.9 KNOWLES ELECTRONICS, LLC
                        TABLE 142 KNOWLES ELECTRONICS: COMPANY OVERVIEW
                        FIGURE 69 KNOWLES ELECTRONICS: COMPANY SNAPSHOT
             11.2.10 INFINEON TECHNOLOGIES, INC.
                        TABLE 143 INFINEON TECHNOLOGIES: COMPANY OVERVIEW
                        FIGURE 70 INFINEON TECHNOLOGIES: COMPANY SNAPSHOT
             11.2.11 HONEYWELL INTERNATIONAL
                        TABLE 144 HONEYWELL INTERNATIONAL: COMPANY OVERVIEW
                        FIGURE 71 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT
             11.2.12 ANALOG DEVICES
                        TABLE 145 ANALOG DEVICES: BUSINESS OVERVIEW
                        FIGURE 72 ANALOG DEVICES: COMPANY SNAPSHOT
     11.3 OTHER PLAYERS 
             11.3.1 CANON INC.
             11.3.2 TE CONNECTIVITY
             11.3.3 NXP SEMICONDUCTORS
             11.3.4 PANASONIC GROUP
             11.3.5 ASAHI KASEI MICRODEVICES CORPORATION
             11.3.6 MURATA MANUFACTURING CO., LTD.
             11.3.7 AAC TECHNOLOGIES
             11.3.8 AMPHENOL CORPORATION
             11.3.9 SENSATA TECHNOLOGIES, INC.
             11.3.10 MELEXIS
             11.3.11 SITIME CORPORATION
             11.3.12 ALPS ALPINE CO., LTD.
             11.3.13 COLLINS AEROSPACE SYSTEMS
             11.3.14 TELEDYNE FLIR
             11.3.15 FLUSSO LTD.
             11.3.16 HANKING ELECTRONICS (LIAONING) CO. LTD.
             11.3.17 ULTRASENSE SYSTEMS
             11.3.18 USOUND
             11.3.19 8POWER
             11.3.20 ADVANCED HALL SENSOR LIMITED
*Details on Business Overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths/Right to win, Strategic choices, Weaknesses/Competitive threats) might not be captured in case of unlisted companies.  
 
12 APPENDIX (Page No. - 263)
     12.1 DISCUSSION GUIDE 
     12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     12.3 CUSTOMIZATION OPTIONS 
     12.4 RELATED REPORTS 
     12.5 AUTHOR DETAILS 
 

The research process for this study included systematic gathering, recording, and analysis of data about customers and companies operating in the MEMS market. This process involved the extensive use of secondary sources, directories, and databases (Factiva, Oanda, and OneSource) for identifying and collecting valuable information for the comprehensive, technical, market-oriented, and commercial study of the MEMS market. In-depth interviews were conducted with primary respondents, including experts from core and related industries and preferred manufacturers, to obtain and verify critical qualitative and quantitative information as well as to assess growth prospects. Key players in the MEMS market were identified through secondary research, and their market rankings were determined through primary and secondary research. This research included studying annual reports of top players and interviewing key industry experts such as CEOs, directors, and marketing executives.

Secondary Research

In the secondary research process, various secondary sources were referred to for identifying and collecting information important for this study. Secondary sources included corporate filings, such as annual reports, investor presentations, and financial statements; trade, business, and professional associations; white papers, MEMS products related journals, and certified publications; articles by recognized authors; directories; and databases.

Secondary research was conducted to obtain key information about the industry supply chain, market value chain, key players, market classification and segmentation as per Micro-Electro-Mechanical System (MEMS) Market trends to the bottom-most level, geographic markets, and key developments from both market- and technology-oriented perspectives. Data from secondary research was collected and analyzed to determine the overall market size, which was further validated by primary research.

Primary Research

In the primary research process, various primary sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology & innovation directors, and key executives from major companies in the MEMS market.

After going through market engineering (which includes calculations for Micro-Electro-Mechanical System (MEMS) Market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers obtained. Primary research was conducted to identify segmentation types, industry trends, key players, competitive landscape, and key market dynamics such as drivers, restraints, opportunities, and challenges, along with the key strategies adopted by players operating in the market.

Micro-Electro-Mechanical System (MEMS) Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market size Estimation

In the complete market engineering process, both top-down and bottom-up approaches were used, along with several data triangulation methods, to estimate and forecast the size of the market and its segments and subsegments listed in the report. Extensive qualitative and quantitative analyses were carried out on the complete market engineering process to list the key information/insights pertaining to the MEMS market.

The key players in the market were identified through secondary research, and their rankings in the respective regions were determined through primary and secondary research. This entire procedure involved the study of the annual and financial reports of top players, as well as interviews with industry experts such as chief executive officers, vice presidents, directors, and marketing executives for quantitative and qualitative key insights. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated and enhanced with detailed inputs and analysis from MarketsandMarkets and presented in this report.

MEMS market: Bottom-up Approach

Micro-Electro-Mechanical System (MEMS) Market Size, and Bottom-up approach

Data Triangulation

After arriving at the overall size of the MEMS market from the market size estimation process explained above, the total market was split into several segments and subsegments. Where applicable, the market breakdown and data triangulation procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size was validated using top-down and bottom-up approaches.

Report Objectives

  • To describe and forecast the MEMS market, in terms of value, based on sensor type, actuator type, and vertical
  • To describe and forecast the MEMS market size, in terms of value, with respect to four regions: North America, Europe, Asia Pacific, and the Rest of the World (RoW)
  • To provide detailed information about the drivers, restraints, opportunities, and challenges influencing the growth of the MEMS market
  • To provide a detailed overview of the supply chain of the MEMS ecosystem
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze opportunities in the market for various stakeholders by identifying the high-growth segments of the market
  • To benchmark the market players using the proprietary company evaluation matrix framework, which analyzes the market players on various parameters within the broad categories of business strategy excellence and strength of product portfolios
  • To strategically profile the key players and comprehensively analyze their market positions in terms of ranking and core competencies2, along with a detailed competitive landscape of the market
  • To analyze competitive developments in the MEMS market, such as acquisitions, product launches, partnerships, expansions, and collaborations

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies.

Product analysis

  • Detailed analysis and profiling of additional market players

The following customization options are available for the report:

  • Market sizing and forecast for additional countries
  • Additional five companies profiling
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Report Code
SE 5263
Published ON
Jan, 2023
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