Micro Electro Mechanical Systems Sensors Market by Type (Pressure Sensors, Environmental Sensor, Optical Sensor), by End-User (Automotive, Healthcare, Consumer Electronics), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast (2020 to 2027)

Micro Electro Mechanical Systems Sensors Market - Global Industry Analysis and Forecast 2020 to 2027

Micro Electro Mechanical Systems Sensors Market: Summary

The Global Micro Electro Mechanical Systems Sensors Market is projected to reach a value of USD 29623.12 million by 2027 at a CAGR of 8.4%.

The micro electro mechanical systems sensors is refer to a device that helps to collect information from the environment by measuring thermal, magnetic, mechanical, as well as the optical phenomenon. It also integrates mechanical and electrical component, which has the ability to sense, control and actuate on the micro scale. Global micro electro mechanical systems sensors market is rising with the increasing in demand for wearable device. However, the less Return on Investment (ROI) are expected to hamper the growth of the market.

Micro Electro Mechanical Systems Sensors

Micro Electro Mechanical Systems Sensors Market: Market Dynamics

Market Driver:

  • Growing Demand in Automotive Sector
    • There has been growing demand in automotive sector is play a significant role for the micro electro mechanical systems sensors market. As the smart sensor processes real-time data as well as helps to notifies the engine-related problems.
    • The vehicle safety concern have led the vehicle manufactures to accept the smart sensor at a high rate such as airbags.
    • As per the World Health Organization (WHO) more than 1 million people are killed in road accidents every year, and about more than 40 million people get injured throughout the globe. Hence, the MEMS lead to play a significant role for the safety features of the vehicles as well as act as a catalyst for the market growth.   
    • For example, the various automotive Electronic Stability Control (ESC) systems are being used MEMS sensor, which has the capacity to enhance the ESC system in terms of cost, size as well as reliability.
    • With the emerging of autonomous vehicles, the vendors are now adding the high-performance Inertial Measurement Units (IMUs) by aiming at opportunity emerging owing to self-driving vehicles.
  • Increasing Demand for Wearable Devices
  • Rising Growth in Healthcare

Market Challenges:

  • Less Return on Investment (ROI)

Micro Electro Mechanical Systems Sensors Market: Key Segments

The micro electro mechanical systems sensors market is majorly segments into type and end-user.

  • On the basis of type, the market is bifurcated into pressure sensors, environmental sensor, optical sensor, and inertial sensors and other. The inertial sensor is projected hold the highest share in the forecast period. With the rising use of inertial sensors, in the accelerometer, gyroscope, magnetometer, as well as inertial combo sensor, in automotive applications such as such as electronic stability control and anti-lock braking system.
  • On the basis of end-user, the market is sub segmented into automotive, healthcare, consumer electronics, industrial, aerospace & defense and other.

Micro Electro Mechanical Systems Sensors Market: Key Regions

Micro Electro Mechanical Systems Sensors Market

On the basis of region, the market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America accounted for the major market share with growing adoption of smart devices such as smartphones, smart wearable, as well as the computing devices. However, Asia-Pacific is projected grow at the fastest growth rate, as the region is the major market for consumer electronics, industrial verticals as well as automotive.

Micro Electro Mechanical Systems Sensors Market: Report Scope

The report on the micro electro mechanical systems sensors market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Historical Year

2018

Base Year

2019

Forecasted Period

2020-2027 (2020 estimated year, forecast up to 2027)

Measured Units

Value (USD Million)

Segments Included

Type and End-User

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • Analog Devices, Inc. (Company Overview, Financial Overview, Product Synopsis, Key Developments, SWOT Analysis, & Key Strategy)
  • Asahi Kasei Microdevices Corporation
  • Infineon Technologies AG
  • Murata Manufacturing Co., Ltd.
  • NXP Semiconductors
  • Panasonic Corporation
  • Robert Bosch GmbH
  • ROHM CO., LTD.
  • STMicroelectronics
  • Texas Instruments Incorporated
  • Other Key Companies

Micro Electro Mechanical Systems Sensors MARKET: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Micro Electro Mechanical Systems Sensors Market, by Type

  • Pressure Sensors
  • Environmental Sensor
  • Optical Sensor
  • Inertial Sensors
  • Other

Micro Electro Mechanical Systems Sensors Market, by End-User

  • Automotive
  • Healthcare
  • Consumer Electronics
  • Industrial
  • Aerospace & Defense
  • Other

Micro Electro Mechanical Systems Sensors Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Micro Electro Mechanical Systems Sensors Market  Providers
  • Micro Electro Mechanical Systems Sensors Market  Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Micro Electro Mechanical Systems Sensors Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE Micro Electro Mechanical Systems Sensors MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Rising Demand for Smartphones
      2. Increasing Demand for Wearable Devices
      3. Growing Demand from Automotive Sector
    3. Restraints
      1. Accuracy and Calibration Issues
      2. Huge Complex Manufacturing Process
    4. Opportunities
      1. Increasing Usage in Consumer Applications
      2. Growing Demand for Industrial Internet of Thing (IIoT)
      3. Rising Growth in Healthcare
    5. Challenges
      1. Less Return on Investment (ROI)
  5. Market Factor Analysis
    1. Porters Five Forces Analysis
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
    3. Value Chain Analysis
      1. R&D and Designing
      2. Manufacturing
      3. Distribution & Sales
      4. Post-Sales Services
    4. COVID-19 Impact Analysis
      1. Impact on Service
      2. Impact on Market Growth
      3. Impact on Regions
  6. GLOBAL MICRO ELECTRO MECHANICAL SYSTEMS SENSORS MARKET  BY TYPE, MARKET SIZE IN USD MILLION (2018-2027)
    1. Introduction
    2. Pressure Sensors
    3. Environmental Sensor
    4. Optical Sensor
    5. Inertial Sensors
    6. Other
  7. GLOBAL MICRO ELECTRO MECHANICAL SYSTEMS SENSORS MARKET  BY END-USER, MARKET SIZE IN USD MILLION (2018-2027)
    1. Introduction
    2. Automotive
    3. Healthcare
    4. Consumer Electronics
    5. Industrial
    6. Aerospace & Defense
    7. Other
  8. GLOBAL MICRO ELECTRO MECHANICAL SYSTEMS SENSORS MARKET  BY REGION, MARKET SIZE IN USD MILLION (2018-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Australia
      5. South Korea
      6. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Spain
      6. Rest of Europe
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  9. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
    4. Key Developments
  10. COMPANY PROFILES
    1. Analog Devices, Inc.
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
      6. Key Strategy
    2. Asahi Kasei Microdevices Corporation
    3. Infineon Technologies AG
    4. Murata Manufacturing Co., Ltd.
    5. NXP Semiconductors
    6. Panasonic Corporation
    7. Robert Bosch GmbH
    8. ROHM CO., LTD.
    9. STMicroelectronics
    10. Texas Instruments Incorporated
    11. Other Key Companies
  11. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : SC 0131

Published : October, 2020


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