Press release
Automotive Micro Electro Mechanical Systems (MEMS) Sensor Industry Growth Outlook: 12% CAGR and $5.5 Billion by 2029
Automotive Micro Electro Mechanical Systems (MEMS) Sensor
What Is the Long-Term Growth Forecast for the Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Size 2025?
In recent years, the market size for micro electro mechanical systems (mems) sensors in the automotive industry has been expanding quickly. The market, valued at $3.11 billion in 2024, is projected to rise to $3.49 billion in 2025, witnessing a compound annual growth rate (CAGR) of 12.1%. The historical growth can be correlated to several factors including the heightened use of the internet and consumption of data, the escalating need for safety and security measures, the surge in the usage of sensors for monitoring used batteries, the increased focus on compliance enforcement, and the rising regulations associated with automotive safety.
What CAGR is Forecasted for the Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Through 2029?
In the foroming years, the automotive micro electro mechanical systems (mems) sensor market is projected to witness robust expansion. It is forecasted to reach the value of $5.5 billion in 2029, with a compound annual growth rate (CAGR) of 12.0%. The surge expected over the projection period can be tied to stricter government laws regarding emission standards and safety, enhanced demand for electric vehicles, increased application of advanced driver assistance systems, heightened focus on enhancing road safety, and a surge in customer demand for cars. The impending period is predicted to be marked by trends such as demand for sophisticated technology, higher application of advanced driver assistance systems (ADAS) features in cars, advancements in sensor technology, the rise of innovative safety sensors to curtail accidents, as well as the advent of new high-accuracy inertial measurement unit (IMU) sensor.
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What Are the Critical Factors Driving Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Development?
The growth of the automotive micro-electromechanical systems (MEMS) sensor market is expected to surge due to increasing demand for electric vehicles (EVs). These vehicles, which are powered by one or more electric motors and use electrical energy stored in rechargeable batteries, are gaining popularity thanks to increasing consumer interest in eco-friendly cars, advancements in battery technology offering extended travel ranges, and governmental encouragements for adopting EVs. MEMS sensors play a crucial role in the development and operation of electric vehicles by providing essential data that optimizes performance, ensures safety, enhances comfort, and heightens efficiency. As reported by the France-based International Energy Agency in March 2023, the surge in electric car sales became evident when sales exceeded 10 million in 2022, making up 14% of all new car sales that year. This marked a significant rise from around 9% in the previous year. Hence, the escalating demand for electric vehicles stimulates the progression of the automotive microelectromechanical systems (MEMS) sensor market.
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How Does the Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Break Down Across Major Segments?
The automotive micro electro mechanical systems (mems) sensor market covered in this report is segmented -
1) By Type: Tire Pressure Sensors, Engine Oil Sensors, Combustion Sensors, Fuel Injection And Fuel Pump Sensors, Air Bag Deployment Sensors, Gyroscopes, Fuel Rail Pressure Sensors, Accelerometer, Other Types
2) By Vehicle Type: Passenger Vehicle, Commercial Vehicle
3) By Sales Channel: Original Equipment Manufacturer, After market
4) By Application: Powertrain, Infotainment, Telematics, Chassis And Safety, Body Electronics, Other Applications
Subsegments:
1) By Tire Pressure Sensors: Direct Tire Pressure Monitoring Sensors (TPMS), Indirect Tire Pressure Monitoring Sensors, Wireless Tire Pressure Sensors, Integrated Tire Pressure Sensors
2) By Engine Oil Sensors: Oil Temperature Sensors, Oil Pressure Sensors, Oil Quality Sensors, Oil Level Sensors
3) By Combustion Sensors: Knock Sensors, Cylinder Pressure Sensors, Exhaust Gas Temperature Sensors, Combustion Monitoring Sensors
4) By Fuel Injection And Fuel Pump Sensors: Fuel Pressure Sensors, Fuel Flow Sensors, Fuel Temperature Sensors, Fuel Injector Pulse Sensors
5) By Air Bag Deployment Sensors: Impact Sensors, Accelerometer-Based Airbag Sensors, Pressure Sensors For Airbag Deployment
6) By Gyroscopes: Rate Gyroscopes For Vehicle Stability Control, MEMS-Based Yaw Rate Sensors, Gyroscopes For Navigation And Motion Sensing
7) By Fuel Rail Pressure Sensors: High-Pressure Fuel Rail Sensors, Low-Pressure Fuel Rail Sensors
8) By Accelerometer: 3-Axis Accelerometers, Linear Accelerometers For Crash Detection, MEMS Accelerometers For Stability Control
9) By Other Types: Proximity Sensors, Oxygen Sensors, Speed Sensors, Environmental Sensors (Temperature, Humidity), Position Sensors
What Are the Major Trends Transforming the Automotive Micro Electro Mechanical Systems (MEMS) Sensor Industry?
Significant players in the automotive microelectromechanical systems (MEMS) sensor industry are evolving MEMS accelerometers, aiming to increase vehicle safety measures, heighten the comfort of the ride, and aid in advanced driver assistance systems (ADAS). The crucial role of MEMS accelerometers is highlighted in various contemporary technologies, as they provide exceptionally accurate and trustworthy acceleration calculations that boost safety, performance, and efficiency across an array of sectors. For instance, in January 2024, Bosch, a car company originating from Germany, introduced the smallest MEMS accelerometers ever produced, specifically engineered for wearable and hearable devices - the BMA530 and the BMA580. The incorporation of certain built-in functionalities is aimed at making product design simpler. The BMA530 is specifically tailored for wearable devices that count steps, whereas the BMA580 is designed for hearable devices with voice activity identification. The sleek design of these accelerometers allows for easy placement on PCBs, providing a straightforward integration process for design engineers into portable devices. These accelerometers come with an array of pioneering features and their size is noticeably smaller than that of the sensors from Bosch's previous generation.
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Which Players Are Driving Innovation in the Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market?
Major companies operating in the automotive micro electro mechanical systems (MEMS) sensor market are Continental AG, Honeywell International Inc., Texas Instruments, TE Connectivity Ltd., STMicroelectronics NV, Murata Manufacturing Co. Ltd., NXP Semiconductors, Omron Corporation, Keyence Corporation, Sensata Technologies Inc., Melexis, Knowles Corporation, InvenSense Inc., Micralyne Inc., Bosch Sensortec, Silicon Sensing Systems Ltd., Dytran Instruments Inc., Robert Bosch GmbH, Tronics Microsystems, Silicon Designs Inc., Infineon Technologies AG, Freescale Semiconductor Inc., Alps Electric Co. Ltd.
Which Regions Are Driving Global Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market Expansion?
North America was the largest region in the automotive micro electro mechanical systems (MEMS) sensor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive micro electro mechanical systems (MEMS) sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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