Press Release

Australia Microelectromechanical Systems (MEMS) Market to Witness Healthy Growth Through 2025

Growing application of MEMS technology in consumer electronic devices and healthcare to drive Australia Microelectromechanical Systems (MEMS) market

According to TechSci Research report, Australia Microelectromechanical Systems (MEMS) Market By Product Type (Inertial Sensors (Magnetometer, Combo Sensor, Gyroscopes, Actuators, Accelerometers), Pressure Sensors, Microphones, Bio-MEMS, Micro Fluidic Devices, Oscillators, Others), By Manufacturing Methods (Bulk Micromachining, Surface Micromachining, High Aspect Ratio (HAR) Silicon Micromachining), By Material (Silicon, Polymers, Metals, Ceramics, Others), By Application (Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare, Telecommunication, Others), By Region, Forecast & Opportunities, 2025, the market is expected to witness robust CAGR during the forecast period owing to growing demand for MEMS sensors and actuators in various end user industries including consumer electronics, automotive and telecommunication industry. Increasing demand for wearable devices, tablets, and smart phones is also acting as a key growth driver for this market. MEMS technology also finds great application in portable devices like portable navigation devices, digital cameras, portable media players and gaming consoles. Furthermore, Microelectromechanical Systems (MEMS) are gaining high demand from healthcare sector due to technological advancement in medical devices.  They are widely used in diagnostic and therapeutic devices, which is anticipated to propel Australia Microelectromechanical Systems (MEMS) market growth in the coming years.

Moreover, growing popularity of Internet of Things (IoT) and launch of new MEMS-based sensors are acting as major growth drivers for the market. Microelectromechanical Systems (MEMS) are also gaining robust demand from automation industry owing to their small size, low power consumption and high precision. Moreover, changing trends in semiconductor industry and extensive R&D activities being conducted by manufacturers are expected to further boost the growth of Australia Microelectromechanical Systems (MEMS) market.

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Australia Microelectromechanical Systems (MEMS) market is segmented based on product type, manufacturing method, material, application and region. Based on product type, the market is segmented into inertial sensors, pressure sensors, microphones, bio-mems, micro fluidic devices, oscillators and others. Also, the inertial sensors segment is categorized into magnetometer, combo sensor, gyroscopes, actuators and accelerometers. Among them, the inertial combo sensors are expected to undergo fastest growth in Australian market during the forecast period owing to their increasing usage in automotive applications like electronic stability control (ESC) and anti-lock braking system (ABS). They also find application in wearable devices for location-based services.

Based on application, Australia Microelectromechanical Systems (MEMS) market is segmented into consumer electronics, automotive, industrial, aerospace & defense, healthcare, telecommunication and others. Among them, the healthcare segment is expected to record highest growth through 2025 as manufacturers are developing innovative MEMS sensors that can detect various biological and chemical effects. This will allow their usage in medical sector to detect melanoma, or to detect gas leakage.

Major players operating in the Australia Microelectromechanical Systems (MEMS) market include Panasonic Australia Pty. Ltd. , Honeywell Ltd. of Australia, Denso International Australia, Abbott Laboratories Pty Ltd, Robert Bosch Australia Pty. Ltd. , Analog Devices Australia Pty Ltd, GE Energy Measurement and Control Pty Ltd, Agilent Technologies Australia Pty Ltd and Omron Industrial Automation Australia. Leading companies are adopting organic growth strategies i.e., new product launches to enhance their market share.

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“Microelectromechanical Systems (MEMS) market is gaining significant boost in Australia, majorly from the healthcare sector. Large investments and thriving medical sector are providing high growth opportunities for manufacturers. The advancement in automotive and industrial sector are further an add on advantage for this market. Manufacturers are coming up with advanced sensors and actuators, which is expected to drive the market growth until 2025,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Australia Microelectromechanical Systems (MEMS) Market By Product Type (Inertial Sensors (Magnetometer, Combo Sensor, Gyroscopes, Actuators, Accelerometers), Pressure Sensors, Microphones, Bio-MEMS, Micro Fluidic Devices, Oscillators, Others), By Manufacturing Methods (Bulk Micromachining, Surface Micromachining, High Aspect Ratio (HAR) Silicon Micromachining), By Material (Silicon, Polymers, Metals, Ceramics, Others), By Application (Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare, Telecommunication, Others), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of Australia Microelectromechanical Systems (MEMS) market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Australia Microelectromechanical Systems (MEMS) market.

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