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MEMS Combo Sensors Market - Asia Pacific Region Is Expected To Be A Major Region Driving The Growth

02-22-2017 09:54 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: TMR Research Reports

MEMS Combo Sensors Market - Asia Pacific Region Is Expected To Be

MEMS combo (combination) sensors combine multiple sensing capabilities in a single device. These sensors are manufactured with micromanufacturing technology and have gained significant traction with device makers in recent years. These sensors combine two or more sensors, such as gyroscopes, accelerometers, magnetometer, pressure sensor and compasses, in a single device. Combo sensors can be 6-axis or 9-axis depending on the integration of sensors in the package. Combo sensor market is driven by its increased adoption in high-end smartphones and tablets in recent years. These sensors offer convenience owing to small form factor and this is leading to its increased adoption in various end-use applications. These are easy to implement and are often sold as plug-and-play solution to OEM/ODMs. Automotive sector is another emerging application for combo sensors, however; the growth faces significant challenge from discrete sensors. Opportunities for MEMS combo sensors lie in wearable electronics, location-based services and gaming. Other applications for combo MEMS sensors include PCs and laptops, cameras, MP3 players, media players and wearable fitness gears.

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Asia Pacific region is expected to be a major region driving the growth of combo MEMS sensors in coming years owing to rapidly increasing Smartphone sales. North America and Europe have significant markets for MEMS combo sensors and are expected to see continued growth. Other regions including Latin America and Middle East are also potential markets for combo sensors as these regions are also experiencing rapid expansion in Smartphone and tablet sales. Key players in the market include STMicroelectronics N.V., InvenSense, Inc., and Robert Bosch GmbH. Key buyers in this market include Samsung Electronics, LG Corp., Sony Corp., Amazon.Com, Inc., Motorola Solutions, Inc.; Xiaomi, Inc., Lenovo Group Ltd., Huawei Technologies Co. Ltd., Coolpad Group Ltd., HTC Corp. and AsusTek, Computer, Inc.

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

This research report analyzes this market depending on its market segments, major geographies, and current market trends.

Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World

This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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