Press release
MEMS Combo Sensors Market 2021: Global Analysis of Key Manufacturers, Dynamics & Forecast 2026
The MEMS Combo 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 global MEMS combo sensors market is projected to grow at a CAGR of 11.74% during the forecast period (2020 - 2025).
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Top Leading Companies of MEMS Combo Sensors Market are Honeywell International, Inc., Bosch Sensortec GmbH, Analog Devices, Inc., Murata Manufacturing Co., Ltd., InvenSense, Inc., Panasonic Corporation, KIONIX, Inc., MEMSIC, Inc., Microchip Technology, Inc., NXP Semiconductors, Safran Colibrys SA, STMicroelectronics NV and others.
Key Market Trends:
Growing Demand for Connected Handheld and Wearable Devices is Expected to Drive the Market
- The global number of smartphone users is increasing significantly, and along with it, the demand for wearable devices is growing as well. According to Newzoo the number of smartphone users during fiscal 2018 stood at 3 billion and is expected to reach 3.8 billion users by 2021.
- The increasing popularity of handheld devices for gaming purposes is expected to drive the market for MEMS combo sensors, the popularity of mobile gaming is increasing significantly. According to DeviceAtlas the worldwide spending on mobile gaming is expected to surpass USD 80 billion by 2020.
North America Region Holds the Significant Share of the Market
- Currently, the Asia-Pacific region is showing the fastest growth in the market; owing to the increasing adoption rates of smart devices, internet users, and growing economies which endow citizens with higher disposable incomes. According to CISCO Systems, Asia-Pacific region is expected to hold 311 million unit sales of wearable devices by 2022 from 155 million unit sales in 2017.
- However, North America region holds the maximum share of the MEMS combo sensors market; owing to its significant global market share of smart electronic devices, IoT and Automotive industry. The region is one expected to be one of the pioneers in adopting ADAS enabled vehicles and self-driven transportation solutions. According to Deutsche Bank, the US ADAS unit production volume is expected to reach 18.45 million by 2021.
Competitive Landscape:
- MAY 2019 - Honeywell announced HG4930S-CLASS IMU which is MEMS IMU sensor and delivers platform stabilization to challenging applications.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- MEMS Combo Sensors Market Size & Analysis (2016 - 2026)
- Market Share Analysis of MEMS Combo Sensors Market (%),2016 - 2026
- MEMS Combo Sensors Market Share, By Brand
- MEMS Combo Sensors Market Share, By Company
- MEMS Combo Sensors Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies MEMS Combo Sensors Market Value Analysis & Forecast
- Promising MEMS Combo Sensors Development by Major Companies
- Detailed MEMS Combo Sensors Portfolio of the Major Companies
- Major Deals in the MEMS Combo Sensors Market
- Major Companies Analysis
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https://www.marketinsightsreports.com/reports/01091746070/mems-combo-sensors-market-growth-trends-and-forecast-2020-2025?Mode=nm
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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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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