MEMS Sensors Market Resurgent with Heightened Uptake of Sensor Technologies
The global MEMS Sensor market is estimated to grow at a CAGR of over 9% during the forecast period (2019-2027) to reach a value pool of over US$ 50 Bn. With new developments within the electrical and electronics industry, the overall market potential of MEMS sensors is booming year on year. Demand for MEMS sensor devices is on a steady rise with decreasing average selling prices (ASPs) and benefits from MEMS devices such as low cost, lower space utilization, and higher precision. The imminent need for miniaturization of sensors in various electronic devices, such as smartphones, wearable devices, medical devices and other electronic devices, is fueling MEMS sensor market growth. The MEMS sensors market is also driven by the high adoption rates of smartphones, innovations in the portable electronics market, increased Internet of Things (IoT) popularity and robust demand from the automation industry. Because of its low power consumption, small size, and high precision, several end use manufacturing companies are utilizing MEMS sensors to develop a wide variety of applications. Smaller and more efficient MEMS sensors are being shipped worldwide in billions, enabling smart trends on several industry fronts.
Opportunities Abound With Leading Automotive Giants Increasing Production
The automotive industry has embraced MEMS sensors in its quest to improve performance, cut costs and increase reliability. In fact, over the last decade, hundreds of millions of MEMS sensors were used in automobiles. MEMS sensors are becoming an integral part of the production process because they are used to keep track of various parameters such as temperature, pressure, flow, level and other parameters to control and ease the entire process via robots. With these sensor capabilities increasing, designers are finding more applications for them to improve vehicle safety and reliability. Manufacturers are currently implementing MEMS sensors to incorporate safety features (e.g. monitoring of air bags), although applications for efficiency and comfort are increasingly becoming a major market. Smart MEMS sensors including pressure sensors and sensors used in accelerometers are being used in automotive vehicles to provide advantages such as protection and fuel efficiency.
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APAC Leads With Proliferating Consumer Electronic Industries
With regards to other geographical regions, APAC holds the largest share within the global MEMS Sensors market in 2018 and is expected to grow at an impressive CAGR of over 11% during the forecast period. APAC is a fertile trading area for the manufacturing, automotive, and consumer electronics industries. APAC is increasingly becoming a global focal point for big investments and other business prospects. The introduction of electric vehicles (EVs) in the market has significantly impacted the demand and delivery of pressure and magnetic sensors, with long-term demand expected to increase further. This is increasing demand for sensors, along with a rise in sensors used for battery tracking, and specific positioning and detection of moving parts of vehicles.
Emerging Competitors Eyeing Product Innovation to Garner Maximum Market Share
The global MEMS sensor market is consolidated in nature with a few electronics and semiconductor multinationals such as STMicroelectronics, Robert Bosch GmbH, NXP Semiconductors N.V., and Texas Instruments Inc., acquiring top shares. Technological development and product launches are among the leading strategies that key manufacturers are following to strengthen their market position in the global MEMS sensor industry. Some of the key developments in the market are:
- In 2019, Qorvo, Inc, a leading MEMS sensor maker, announced the acquisition of Cavendish Kinetics, Inc., a global market developer of RF MEMS technology. In doing so, the company is focused on improving its market share in both mobile devices and other industries.
- In 2018, Kyocera Tikitin Ltd., a MEMS Resonator Company raised US$ 3.7 Mn funding for the launch of MEMS piezoelectric resonator in the global market
Other competitors are concentrating on strategic acquisitions and expansions to increase their market presence in the global market for MEMS sensors.
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Global MEMS Sensor Market – Scope of the Report
The following report provides forecast and analysis of the global MEMS Sensor market along with the historical data of 2013, estimated data 2019 and forecast data up to 2027 in terms of value (US$ Mn) and volume (Mn Units), according to a Fact.MR study. The research propounds critical trends that are currently influencing growth within the global MEMS Sensor market along with several macro-economic indicators. This newly published and insightful report on MEMS sensor sheds light on key dynamics, and their impact on the overall value chain from suppliers to end-users, which are expected to transform the future of the global MEMS sensor market.
The report also comprises the study of current issues with end users and opportunities for MEMS sensor. It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews. The dashboard included in the report provides a detailed comparison of MEMS sensor manufacturers on parameters such as total revenue, product offerings, and key strategies. A list of key companies operating in the MEMS sensor market provided in the report adds to the credibility of this exhaustive research study.
Global MEMS Sensor Market: In-Depth Assessment on Key Segments
The global MEMS sensor market is segmented on the basis of type, fabrication material, application and region.
|
Type |
Fabrication Material |
Application |
Region |
|
Mechanical Sensors |
Silicon |
Automotive |
North America |
|
Optical Sensors |
Polymers |
Industrial |
Latin America |
|
Thermal Sensors |
Ceramics |
Medical & Biotechnology |
Europe |
|
Chemical & Biological Sensors |
Metal |
Aerospace & Defense |
APAC |
|
|
|
Telecommunications |
MEA |
|
|
|
Consumer Electronics |
|
This taxonomy and the detailed TOC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.
Country-specific assessment on demand for MEMS sensor has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous MEMS sensor manufacturers, experts, and suppliers. Y-o-Y growth projections have also been offered on all regional markets incorporated in the report. Moreover, future trends, growth prospects, and other possibilities related to the market have been answered in the report.
The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries. The market has been forecasted based on constant currency rates. The report provides detailed competitive and company profiles of key participants operating in the global MEMS sensor market. Some of the major competitors operating in the MEMS sensor market are STMicroelectronics, Robert Bosch GmbH, NXP Semiconductors N.V., Texas Instruments Inc., Panasonic Corporation, Taiwan Semiconductor Manufacturing Co. Ltd and others.
Global MEMS Sensor Market: Research Methodology
A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, Morningstar and Hoovers, and company annual reports and publications. Comprehensive interviews have been conducted by our analysts, and the intelligence and insights obtained have been used for validating the information gained through secondary research. The report also includes a description of assumptions and acronyms utilized for research purposes. Data gathered has been validated using the triangulation method to offer useful quantitative and qualitative insights in the MEMS sensor market.
A short market viewpoint offered in the report elucidates the macro-economic aspects that influence the growth of the MEMS sensor market, which includes global GDP growth rate, various industries growth rate, such as automotive, industrial and consumer electronics. This report serves as an authentic resource of intelligence on the MEMS sensor market, enabling the readers to take fact-based decisions on the future direction of their businesses.
1. Global MEMS Sensor Market - Executive Summary
1.1. Summary of Key Findings
1.2. Summary of Key Statistics
1.3. Key Market Characteristics & Attributes
1.4. Opportunity Assessment
1.5. Fact.MR Analysis and Recommendations
2. Global MEMS Sensor Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.1.1. Increasing Adoption of Connected Devices Facilitating Demand
3.1.2. Miniaturization of Sensors in Various Electronic Devices
3.1.3. Development of Several Safety Systems
3.1.4. Proliferating Automobile Industry in Europe
3.2. Mega Trends
3.2.1. Evolving Healthcare Industry’s demand for Sensing Devices
3.2.2. Emergence Of Electric Vehicles Creating Growth Opportunities
4. Market Background
4.1. Global ICT Spending by Prominent Countries, 2013 – 2018
4.2. Average ICT Spending on Hardware by Key Countries
4.3. Global Sensors Market Outlook
4.3.1. By Regions
4.3.2. By Type
4.4. Percentage Demand of MEMS Sensors by Type
4.4.1. Microphones
4.4.2. Accelerometers
4.4.3. Gyroscope
4.4.4. Micro-displays
4.4.5. Others
4.5. Percentage Demand of MEMS Sensor Based Products
4.5.1. Vehicle Navigation Systems
4.5.2. Patient Monitoring Systems
4.5.3. Event Data Recorders
4.5.4. Personal Tracking Devices
4.5.5. Connected Devices
4.5.6. Others
4.6. MEMS Sensor Cost Structure Analysis
4.6.1. R&D | Design & Investments
4.6.2. Manufacturing Costs
4.6.3. Other Costs
4.7. Investment Feasibility Matrix
4.8. Market White Space Assessment and Opportunity Analysis
4.9. Recent Industry Developments
4.10. Macro-Economic Factors – Relevance & Impact
4.10.1. Global GDP Growth Outlook
4.10.2. Global Electronics & Semiconductor Industry Growth Outlook
4.10.3. Global Healthcare Industry Growth Outlook
4.10.4. Global Automotive Industry Growth Outlook
4.10.5. Global Smartphone & Connected Devices Penetration Outlook
4.10.6. Top Players Historical Growth Rate
4.11. Value Chain Analysis
4.11.1. List of Key Manufacturers
4.11.2. List of Key Channel Partners
4.11.3. Profitability Margins
4.12. Market Dynamics
4.12.1. Drivers
4.12.2. Industry Challenges
4.12.3. Opportunities
5. Global MEMS Sensor Market Size (US$ Mn) & Volume (Mn Units) and Forecast, 2013-2027
5.1. Historical Market Value (US$ Mn) & Volume (Mn Units) Analysis, 2013-2018
5.2. Current and Future Market Value (US$ Mn) & Volume (Mn Units) Forecast, 2019-2027
5.3. Y-o-Y Growth Trend Analysis
6. Global MEMS Sensor Pricing Point Analysis
6.1. Global MEMS Sensor Market Pricing Analysis, by Region
6.2. Global MEMS Sensor Market Pricing Analysis, by Type
6.3. Pricing Evolution Till 2027
6.4. Factors Influencing Pricing
7. Global MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) and Forecast 2013-2027
7.1. Global MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Type
7.1.1. Mechanical Sensors
7.1.2. Optical Sensors
7.1.3. Thermal Sensors
7.1.4. Chemical & Biological Sensors
7.2. Global MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Fabrication Material
7.2.1. Silicon
7.2.2. Polymers
7.2.3. Ceramics
7.2.4. Metals
7.3. Global MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Application
7.3.1. Automotive
7.3.2. Industrial
7.3.3. Medical & Biotechnology
7.3.4. Aerospace & Defense
7.3.5. Telecommunications
7.3.6. Consumer Electronics
7.4. Global MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Region
7.4.1. North America
7.4.2. Latin America
7.4.3. Europe
7.4.4. APAC
7.4.5. MEA
8. North America MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) and Forecast 2013-2027
8.1. North America MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Country
8.1.1. US
8.1.2. Canada
8.2. North America MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Type
8.2.1. Mechanical Sensors
8.2.2. Optical Sensors
8.2.3. Thermal Sensors
8.2.4. Chemical & Biological Sensors
8.3. North America MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Fabrication Material
8.3.1. Silicon
8.3.2. Polymers
8.3.3. Ceramics
8.3.4. Metals
8.4. North America MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Application
8.4.1. Automotive
8.4.2. Industrial
8.4.3. Medical & Biotechnology
8.4.4. Aerospace & Defense
8.4.5. Telecommunications
8.4.6. Consumer Electronics
9. Latin America MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) and Forecast 2013-2027
9.1. Latin America MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Country
9.1.1. Brazil
9.1.2. Mexico
9.1.3. Rest of Latin America
9.2. Latin America MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Type
9.2.1. Mechanical Sensors
9.2.2. Optical Sensors
9.2.3. Thermal Sensors
9.2.4. Chemical & Biological Sensors
9.3. Latin America MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Fabrication Material
9.3.1. Silicon
9.3.2. Polymers
9.3.3. Ceramics
9.3.4. Metals
9.4. Latin America MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Application
9.4.1. Automotive
9.4.2. Industrial
9.4.3. Medical & Biotechnology
9.4.4. Aerospace & Defense
9.4.5. Telecommunications
9.4.6. Consumer Electronics
10. Europe MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) and Forecast 2013-2027
10.1. Europe MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Country
10.1.1. EU-5
10.1.2. BENELUX
10.1.3. Nordics
10.1.4. Eastern Europe
10.1.5. Rest of Europe
10.2. Europe MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Type
10.2.1. Mechanical Sensors
10.2.2. Optical Sensors
10.2.3. Thermal Sensors
10.2.4. Chemical & Biological Sensors
10.3. Europe MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Fabrication Material
10.3.1. Silicon
10.3.2. Polymers
10.3.3. Ceramics
10.3.4. Metals
10.4. Europe MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Application
10.4.1. Automotive
10.4.2. Industrial
10.4.3. Medical & Biotechnology
10.4.4. Aerospace & Defense
10.4.5. Telecommunications
10.4.6. Consumer Electronics
11. APAC MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) and Forecast 2013-2027
11.1. APAC MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Country
11.1.1. Greater China
11.1.2. India
11.1.3. Japan
11.1.4. ASEAN Countries
11.1.5. Australia & New Zealand
11.1.6. Rest of APAC
11.2. APAC MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Type
11.2.1. Mechanical Sensors
11.2.2. Optical Sensors
11.2.3. Thermal Sensors
11.2.4. Chemical & Biological Sensors
11.3. APAC MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Fabrication Material
11.3.1. Silicon
11.3.2. Polymers
11.3.3. Ceramics
11.3.4. Metals
11.4. APAC MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Application
11.4.1. Automotive
11.4.2. Industrial
11.4.3. Medical & Biotechnology
11.4.4. Aerospace & Defense
11.4.5. Telecommunications
11.4.6. Consumer Electronics
12. MEA MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) and Forecast 2013-2027
12.1. MEA MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Country
12.1.1. GCC Countries
12.1.2. Turkey
12.1.3. South Africa
12.1.4. Northern Africa
12.1.5. Rest of MEA
12.2. MEA MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Type
12.2.1. Mechanical Sensors
12.2.2. Optical Sensors
12.2.3. Thermal Sensors
12.2.4. Chemical & Biological Sensors
12.3. MEA MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Fabrication Material
12.3.1. Silicon
12.3.2. Polymers
12.3.3. Ceramics
12.3.4. Metals
12.4. MEA MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Application
12.4.1. Automotive
12.4.2. Industrial
12.4.3. Medical & Biotechnology
12.4.4. Aerospace & Defense
12.4.5. Telecommunications
12.4.6. Consumer Electronics
13. Global MEMS Sensor Market – Emerging Countries Analysis
13.1. Market Proportion Analysis, By Key Countries
13.2. Global Vs. Country Growth Comparison
13.3. China Market Value (US$ Mn) & Volume Analysis (Mn Units) and Forecast
13.3.1. China MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Type
13.3.1.1. Mechanical Sensors
13.3.1.2. Optical Sensors
13.3.1.3. Thermal Sensors
13.3.1.4. Chemical & Biological Sensors
13.3.2. China MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Fabrication Material
13.3.2.1. Silicon
13.3.2.2. Polymers
13.3.2.3. Ceramics
13.3.2.4. Metal
13.3.3. China MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Application
13.3.3.1. Automotive
13.3.3.2. Industrial
13.3.3.3. Medical & Biotechnology
13.3.3.4. Aerospace & Defense
13.3.3.5. Telecommunications
13.3.3.6. Consumer Electronics
13.4. India Market Value (US$ Mn) & Volume Analysis (Mn Units) and Forecast
13.4.1. India MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Type
13.4.1.1. Mechanical Sensors
13.4.1.2. Optical Sensors
13.4.1.3. Thermal Sensors
13.4.1.4. Chemical & Biological Sensors
13.4.2. India MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Fabrication Material
13.4.2.1. Silicon
13.4.2.2. Polymers
13.4.2.3. Ceramics
13.4.2.4. Metal
13.4.3. India MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Application
13.4.3.1. Automotive
13.4.3.2. Industrial
13.4.3.3. Medical & Biotechnology
13.4.3.4. Aerospace & Defense
13.4.3.5. Telecommunications
13.4.3.6. Consumer Electronics
13.5. Brazil Market Value (US$ Mn) & Volume Analysis (Mn Units) and Forecast
13.5.1. Brazil MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Type
13.5.1.1. Mechanical Sensors
13.5.1.2. Optical Sensors
13.5.1.3. Thermal Sensors
13.5.1.4. Chemical & Biological Sensors
13.5.2. Brazil MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Fabrication Material
13.5.2.1. Silicon
13.5.2.2. Polymers
13.5.2.3. Ceramics
13.5.2.4. Metal
13.5.3. Brazil MEMS Sensor Market Value (US$ Mn) & Volume Analysis (Mn Units) 2013-2018 and Forecast 2019-2027, by Application
13.5.3.1. Automotive
13.5.3.2. Industrial
13.5.3.3. Medical & Biotechnology
13.5.3.4. Aerospace & Defense
13.5.3.5. Telecommunications
13.5.3.6. Consumer Electronics
14. Competitive Assessment
14.1. Global MEMS Sensor Market Structure
14.2. Global MEMS Sensor Market Competition - A Dashboard View
14.3. Global MEMS Sensor Market Company Share Analysis
14.4. Global MEMS Sensor Competitor Market Footprint Matrix
14.5. Key Participants Market Presence (Intensity Mapping) by Region
15. Company Profiles
15.1. STMicroelectronics
15.1.1. Company Overview
15.1.2. Competition Standpoint
15.1.3. Product Overview
15.1.4. Key Financials
15.1.5. Analyst Comments
15.2. Robert Bosch GmbH
15.2.1. Company Overview
15.2.2. Competition Standpoint
15.2.3. Product Overview
15.2.4. Key Financials
15.2.5. Analyst Comments
15.3. NXP Semiconductors N.V.
15.3.1. Company Overview
15.3.2. Competition Standpoint
15.3.3. Product Overview
15.3.4. Key Financials
15.3.5. Analyst Comments
15.4. Panasonic Corporation
15.4.1. Company Overview
15.4.2. Competition Standpoint
15.4.3. Product Overview
15.4.4. Key Financials
15.4.5. Analyst Comments
15.5. Sensata Technologies Holding N.V.
15.5.1. Company Overview
15.5.2. Competition Standpoint
15.5.3. Product Overview
15.5.4. Key Financials
15.5.5. Analyst Comments
15.6. Honeywell International Inc.
15.6.1. Company Overview
15.6.2. Competition Standpoint
15.6.3. Product Overview
15.6.4. Key Financials
15.6.5. Analyst Comments
15.7. Taiwan Semiconductor Manufacturing Co. Ltd.
15.7.1. Company Overview
15.7.2. Competition Standpoint
15.7.3. Product Overview
15.7.4. Key Financials
15.7.5. Analyst Comments
15.8. Knowles Corporation
15.8.1. Company Overview
15.8.2. Competition Standpoint
15.8.3. Product Overview
15.8.4. Key Financials
15.8.5. Analyst Comments
15.9. Analog Devices, Inc.
15.9.1. Company Overview
15.9.2. Competition Standpoint
15.9.3. Product Overview
15.9.4. Key Financials
15.9.5. Analyst Comments
15.10. TE Connectivity Corporation
15.10.1. Company Overview
15.10.2. Competition Standpoint
15.10.3. Product Overview
15.10.4. Key Financials
15.10.5. Analyst Comments
15.11. Denso Corporation
15.11.1. Company Overview
15.11.2. Competition Standpoint
15.11.3. Product Overview
15.11.4. Key Financials
15.11.5. Analyst Comments
15.12. Knowles Corporation
15.12.1. Company Overview
15.12.2. Competition Standpoint
15.12.3. Product Overview
15.12.4. Key Financials
15.12.5. Analyst Comments
16. Fact.MR Research Methodology
17. Disclaimer & Contact Information
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MEMS Sensor Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2027