Press release
MEMS Automobile Sensors Market Global Outlook 2021-2026: Analog Devices, Infineon Technologies, Panasonic Corporation, Murata, Delphi
The Global MEMS Automobile Sensors Market Research Report Forecast 2021 – 2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The report also takes into account the impact of the novel COVID-19 pandemic on the MEMS Automobile Sensors market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehend MEMS Automobile Sensors data that enhances the understanding, scope, and application of this report.The MEMS automobile sensor Market was valued at USD 1816.45 million in 2019, and is expected to reach USD 4080.23 million by 2025, recording a CAGR of 14.61%, over the forecast period 2020-2025.
Top Companies in the Global MEMS Automobile Sensors Market: Robert Bosch GmbH, Sensata Technologies, Analog Devices, Infineon Technologies, Epson Toyocom, Panasonic Corporation, Murata, Delphi, GE Sensing and Others.
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Company Development:
- January 2019 - NXP teamed up with the Kalray SA on self-driving car chips to craft computers for self-driving cars which will be enabled with advanced sensors, chips, and other components.
- December 2018 – STMicroelectronics has done the advancement in image sensors enhance driver monitoring in next-generation automotive safety systems.
- November 2018 - Analog Devices Inc. launched a broad range of new Industry 4.0 solutions, enabled with MEMS sensor within its advanced Industry 4.0 roadmap that aimed at helping the industrial equipment accelerate their path to Industry 4.0. These new solutions deliver next-generation flexibility, connectivity, and efficiency for today’s existing factory infrastructure.
Scope of the Report:
The MEMS sensor is actually a chip which is indispensably incorporated in almost every vehicle and electronic devices today. MEMS sensor technology is used in a wide variety of modern era automotive sensors. The small size of MEMS sensors provides a quicker response to rapid change in the measured parameter, and because of the extremely low-cost, the use has been extensive. One of the most well-known MEMS devices for automotive applications are inertial sensors and pressure sensors.
Key Market Trends:
Air Bag Deployment Sensors to Witness Highest Growth
- Passive safety applications, like the airbag deployment, make use of MEMS sensors for communicating vehicle deceleration inputs to the electronic control unit (ECU) that controls the airbags.
- Crash sensing for airbag control is a compelling factor for the demand of inertial MEMS sensors. Companies, like ST Electronics, Bosch, and Analog Devices, among others, have been instrumental in developing MEMS-based accelerometer sensors and inertial sensors specified for a temperature range extending from -40C to +125C, which are suitable for enabling passive safety during a crash.
- Innovations in the MEMS sensors for airbag applications are toward increasing the processing speed of the sensors and sensors that can detect forces up to 120g or 480g. For instance, Bosch, in November 2018, launched a new generation of high-g acceleration sensors, SMA7xy sensor family, which are designed to enable faster signal processing, as compared to the sensors of the past generation (SMA6xy released in 2014). With higher bandwidth, these sensors detect impact and facilitate more rapid deployment of the vehicle's passive safety systems.
- The government at the US and Europe have mandated to have airbag functions for every vehicle even non-luxury variants. Also, India among the growing number of regions to join the US and Europe, etc., to make airbags mandatory for new vehicles which will drive the demand of MEMS sensors for the industry.
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Important Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of MEMS Automobile Sensors Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
Customization of the Report: The report can be further customized according to the client’s specific research requirements. No additional charges will be added for limited additional research.
Full browse the report description and TOC:
https://www.marketinsightsreports.com/reports/01091745746/mems-automobile-sensors-market-growth-trends-and-forecast-2020-2025?Mode=28
Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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