Global Micro Electro Mechanical Systems (MEMS) Market Analysis by sensor type (inertial sensor, pressure sensor, microphone, optical sensor and environmental sensor), by actuators (optical, inkjets, microfluidics and RF) and end-use (automotive, consumer electronics, defence, aerospace, healthcare and Telecom) and Forecast 2017-2025.
Market Scenario:A Micro Electro Mechanical Systems (MEMS) system (MEMS) is a minuscule machine which is a combination of both electrical and mechanical systems. The physical size of MEMS varies from several millimetres to one micrometre. MEMS fabrication includes the use of micro sensors for gathering the data and micro-actuators for converting energy into motion. MEMS have gained a global demand owing to its increased adoption in various sectors. For example: Each automobile that is manufactured contains atleast 50 MEMS component which is used in air bags and tire pressure monitoring system and others.
Micro Electro Mechanical Systems (MEMS) Market
Increased adoption of smart phones and wearable devices by the consumers has contributed in majorly driving the market growth. Moreover increasing popularity of internet of things and robust demand in the automotive industry is also one of the significant factors in boosting the market growth. However the highly complex procedure involved in the manufacturing of this nano product and lack of standardization may result in hampering the market growth.
The Micro Electro Mechanical Systems (MEMS) market is majorly segmented on the basis of sensor type, actuator type and end use. Based on the sensor type, market is bifurcated into: inertial sensor, pressure sensor, microphone, optical sensor and environmental sensor. Depending upon the actuator type, market is segmented into: optical, inkjets, microfluidics and RF. On the basis of end use, market is classified into: automotive, consumer electronics, defense, aerospace, healthcare and Telecom.
Based on the geographical regions covered, market is studied across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Among the following regions covered, Asia Pacific is expected to achieve the dominant position owing to the expansion in the manufacturing and automotive sector. Presence of major electronics company specifically in China and Japan is also contributing in the market growth. North America is anticipated to achieve a stable growth owing to the immense investment in R&D sector and presence of well-established infrastructure.
Key Players:The major players operating in the market are: STMicroelectronics N.V. (Switzerland), Robert Bosch GmbH (Germany), Analog Devices, Inc. (US), NXP Semiconductors N.V. (Netherlands), Texas Instruments Inc. (US), Panasonic Corp. (Japan), TE Connectivity Corp. (Switzerland), Sensata Technologies Holding N.V. (Netherlands), Denso Corp. (Japan), Broadcom Ltd. (US), Honeywell International Inc. (US), Knowles Corp. (US), and Taiwan Semiconductor Manufacturing Co. Ltd. (Taiwan).
Global Micro Electro Mechanical Systems (MEMS) Market Segmentation:
By Sensor Type:
- Inertial sensor
- Pressure sensor
- Optical sensor
- Environmental sensor
- Consumer electronics
- North America (U.S and Canada)
- Europe (Germany, France, Italy and Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
- LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)
- Rest of Europe
- Rest of APAC
- Saudi Arabia
- South Africa
- Rest of LAMEA
Research Scope:The study for Micro Electro Mechanical Systems (MEMS) Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015Base Year Estimate: 2016Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
1.1 Market Definition
1.2. Market Scope
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3 Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016
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