Micro-Electro-Mechanical Systems (MEMS) Market 2022 Global Outlook - STMicroelectronics, Robert Bosch, Texas Instruments, HP, Knowles, Panasonic

The research report studies the Micro-Electro-Mechanical Systems (MEMS) market using different methodologies and analyzers to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each place is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The data analysts have used primary and secondary methodologies to consolidate the information in the report.. They have also used the same data to generate the current business scenario. This report also provides an analysis of the impact of the COVID-19 pandemic on Micro-Electro-Mechanical Systems (MEMS) Industry.

The Global MEMS market was valued at USD 10.92 billion in 2020 and is expected to reach USD 18.88 billion by 2026, registering a CAGR of 8.71%, during the forecast period of 2021-2026.

Top Leading Companies of Global Micro-Electro-Mechanical Systems (MEMS) Market are STMicroelectronics, Robert Bosch, Texas Instruments, HP, Knowles, Panasonic, DENSO, Canon, Avago Technologies, Freescale Semiconductor, Analog Devices, AKM, Seiko Epson, Infineon Technologies, InvenSense, Murata, Sensata, Honeywell, GE, Qorvo, Lexmark, UTC Aerospace Systems, Sony, FLIR Systems, TE Connectivity and others.

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Regional Analysis:

Asia Pacific Region is Expected to Hold Significant Market Share

Asian countries, such as China, Japan, South Korea, and Taiwan, significantly contribute to process control and product manufacturing. Moreover, it is home to some prominent market vendors and contracts fabrications companies (fabs), such as TSMC. In addition to that, supportive government regulations aimed at passenger safety, industrial automation, environment monitoring, etc., also make Asia-Pacific substantial buyers of MEMS sensors.

South Korea is one of the largest manufacturers and exporters of semiconductors across the globe. According to Korea Semiconductor Industry Association, the country’s exports in 2020 accounted for USD 992 billion compared to an import of USD 503 billion. The country is home to some of the significant memory chip makers that include Samsung and SK Hynix. The robust semiconductor industry in the country is creating opportunities for MEMS manufacturing.

The Japanese Government has developed a foundation for future growth by accelerating its digital policy and plan and Society 5.0 vision. Such efforts also create growth opportunities for the market for MEMS in the country. Also, there has been tremendous growth in autonomous vehicles in Japan, with Honda recently getting permission to launch its autonomous cars for roads. The increase in the autonomous vehicles fleet is also leading to the growth of the MEMS market.

Industry News and Updates:

April 2021 - Qorvo Inc. acquired NextInput, Inc., a MEMS-based sensing solutions provider. The acquisition expands the Company’s offerings of MEMS-based products for mobile applications and provides comprehensive sensing solution opportunities for a broad range of applications in other markets.

Jan 2020 - InvenSense, a TDK Corporation has launched the T5818 Pulse Density Modulation (PDM) microphone with a dynamic range of 107dB at 590µA, the widest dynamic range in the industry at the lowest power. The T5818 microphone features 66dBA SNR, 135dB SPL AOP, at 590 µA in High Quality Mode (HQM) and decreases power consumption to 215 µA in Low Power Mode (LPM). This is solidifying TDK’s performance leadership in MEMS microphone technology.

By Types:

Fixed

Movable

By Application(Micro-Electro-Mechanical Systems (MEMS))

Industrial

Consumer Electronics

Medical & Healthcare

Automotive

Others 

The regions are further sub-divided into:

-North America  – US, Canada, and Mexico
-Europe  – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
-Asia-Pacific  – China, India, Japan, South Korea, Australia & Rest of APAC
-Latin America  – Brazil, Argentina, Peru, Chile & Rest of Latin America
-Middle East and Africa – Saudi Arabia, UAE, Israel, South Africa

Integrated Micro-Electro-Mechanical Systems (MEMS) Market Report Highlights:

-Detailed overview of the parent market
-Changing market dynamics in the industry
-In-depth market segmentation
-Historical, current and projected market size in terms of volume and value
-Recent industry trends and developments
-Competitive landscape
-Strategies of key players and products offered
-Potential and niche segments, geographical regions exhibiting promising growth
-A neutral perspective on market performance

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Key Questions Answered in the Global Micro-Electro-Mechanical Systems (MEMS) Industry Report

What will be the Micro-Electro-Mechanical Systems (MEMS) market size?
What are the new opportunities?
What is the market share?
What are targeted audiences?
Which are the top players in Micro-Electro-Mechanical Systems (MEMS) market?
How the competition goes in the future?
Which are the leading countries?
What are the challenges in future?

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. Further, it also allows you to do valuable competitor research to get inspiration for marketing the products. When it comes to satisfaction, it is necessary to get definitive idea about what is exactly going in the market. This report exactly provides overall market scenario.

Report Customization:

Global Micro-Electro-Mechanical Systems (MEMS) Market, report can be customized according to your business requirements as we recognize what our clients want, we have extended 15% customization at no additional cost to all our clients for any of our syndicated reports.

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