Automotive MEMS Sensors Market Evolving Technology, Demand and Growth Outlook 2021 to 2025: Analog Devices Inc., Delphi Automotive PLC, Denso Corporation, General Electric Co

The Automotive MEMS Sensors Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Automotive MEMS Sensors market was valued at USD 1815.41 million in 2019 and is expected to reach USD 4024.88 million by 2025, at a CAGR of 14.4% over the forecast period 2020 - 2025. 

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Competitive Landscape:

Top Companies: Analog Devices Inc., Delphi Automotive PLC, Denso Corporation, General Electric Co., NXP Semiconductors NV, Infineon Technologies AG, Sensata Technologies Inc., STMicroelectronics NV, Panasonic Corporation, Robert Bosch GmbH

Industry News and Updates:

In 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.

Key Market Trends:

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. In the automotive industry, tire pressure monitoring system (TPMS) is one of the applications of MEMS sensors. China's prominent role in implementing TPMS for its vehicles is expected to contribute to the markets growth positively over the forecast period. Additionally, the standardization of autonomous driving and advanced driver assistance systems (ADAS) is accelerating the growth.

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What are the market influences 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: The Global Automotive MEMS 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, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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