1. Market Research
  2. > Manufacturing
  3. > Electronic Component Market Trends
Micro-Electro-Mechanical Systems Market by Sensor Type, Actuator Type, Vertical, and Geography - Global Forecast to 2022

Micro-Electro-Mechanical Systems Market by Sensor Type, Actuator Type, Vertical, and Geography - Global Forecast to 2022

  • May 2017
  • 174 pages
  • ID: 4916094
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

“MEMS market projected to grow at a CAGR of 9.8% between 2017 and 2022.”
The MEMS has entered the growth phase and is expected to grow further in the coming years. This market is expected to be valued at USD 18.88 billion by 2022, at a CAGR of 9.8% between 2017 and 2022. The drivers for this market are stringent government regulations for the automotive vertical and huge adoption of automation in industries and homes. The main restraint for this market is highly complex manufacturing process and demanding cycle time.

“MEMS market for healthcare vertical is estimated to grow at the highest rate.”
The MEMS market for the healthcare vertical is expected to grow at the highest CAGR during the forecast period. This growth is attributed to the high adoption of MEMS for clinical monitoring applications such as ECG patient monitoring and EEG measurement; and imaging applications such as CT-imaging and digital X-ray. Moreover, MEMS are being used for diagnostic and treatment equipment positioning applications, which includes high precision positioning of equipment such as surgery tables, and prostheses and patient monitoring applications such as movement and position monitoring.

“RF actuator is estimated to hold the largest share of the MEMS market during the forecast period.”
RF actuators are being used in mobile devices, particularly in relation to antennas, to solve engineering issues related to the size and components of smartphones. The growth of MEMS market for RF actuators is attributed to the wide usage of RF MEMS in smartphones, wearables, and Internet of Things (IoT). RF actuators offer advantages such as reduced size, less power, improved antenna performance and radiated power, and reduced power loss.

“APAC is expected to be the fastest-growing market for MEMS during the forecast period”
The MEMS market in APAC is expected to grow at the highest CAGR because APAC is a major market for consumer electronics, automotive, and industrial verticals. Moreover, APAC has become a global focal point for large investments and business expansion opportunities.

Breakdown of the profile of primary participants:

• By Company Type: Tier 1 - 20 %, Tier 2 - 55%, and Tier 3 - 25%
• By Designation: C-level Executives - 50%, Directors - 25%, and Others - 25%
• By Region: Americas - 60%, Europe - 25%, APAC - 10%, and RoW - 5%

The major players in the MEMS market include 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).

Research Coverage
The study segments the MEMS market on the basis of sensor type into inertial, pressure, microphone, environmental, and optical sensors. Moreover, the MEMS market has been segmented on the basis of actuator type into optical, inkjet head, microfluidics, and radio frequency (RF). The study covers MEMS verticals such as automotive, consumer electronics, defense, industrial, healthcare, telecom, and aerospace. Furthermore, the report forecasts the market size for various segments with regard to four main regions—Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Reasons to buy the report
The report would help market leaders/new entrants in the MEMS market in the following ways:
1. This report segments the MEMS market comprehensively and provides the closest approximations of the overall market size and those of the subsegments across different verticals and regions.
2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders to understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions in the MEMS market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Asia Pacific Probe Card Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type, Technology, and Application

  • $ 3000
  • August 2021
  • 111 pages

The probe card market in APAC is expected to grow from US$ 1,478.20 million in 2021 to US$ 2,401.40 million by 2028; it is estimated to grow at a CAGR of 7.2% from 2021 to 2028. The IC manufacturers incorporate ...

  • APAC
  • Computer Storage
  • MEMS
  • Industry analysis
  • Disposable Income
  • Consumer Electronics Expenditure

ref:plp2017

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on