MEMS Automobile Sensors Market Present Scenario and Growth Analysis 2021 - 2027 By focusing on Key Players like Robert Bosch GmbH, Sensata Technologies, Analog Devices, Infineon Technologies

MEMS Automobile Sensors Market - Growth, Trends, And Forecast (2020 - 2025)

MEMS Automobile Sensors market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2020 to 2025 are profiled in 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.

The MEMS Automobile Sensors market is highly competitive and consists of a number of major players: Robert Bosch GmbH, Sensata Technologies, Analog Devices, Infineon Technologies, Epson Toyocom, Panasonic Corporation, Murata, Delphi, GE Sensing and Others

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Industry News :

- 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 todays 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 +125 C, 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.

Asia-Pacific to Exhibit the Fastest Growth Rate

- Asia-Pacific is expected to exhibit the highest growth rate in the automotive MEMS sensors market, owing to the rapidly growing automotive industry in economies, such as China and Japan.
- The standardization of autonomous driving and advanced driver assistance systems (ADAS) is accelerating in China. Recently, the Ministry of Industry and Information Technology of the Chinese government issued the key working points of Intelligent Connected Vehicle Standardization for 2018 to promote and facilitate the development of the intelligent connected vehicles industry. The guideline has stated out that more than 30 key standards are expected to be defined by 2020 to found the systems for ADAS and low-level autonomous driving, and a system of over 100 standards will be set up by 2025 for higher level autonomous driving.
- Japan has been in the top three of the countries with most cars manufactured since the year 1960s. The country is home to some of the major automotive players, such as Toyota and Honda. These companies have an extensive presence in the country along with their service centers.
- For instance, Suzuki Connect is an advanced integrated safety and connected car solution, designed to provide customers with improved safety, security and a user-friendly connected car experience, including vehicle tracking, emergency assistance, vehicle live location/movement status, service due reminders and driving behavior analysis. All these factors will drive the MEMS sensor market in the region.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: MEMS Automobile Sensors Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2025 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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