Report Description

Global Microelectromechanical Systems (MEMS) Market is anticipated to witness rapid growth through 2028 as this technology is finding huge application in consumer electronic devices like tablets and smart phones. There is a growing demand for microelectromechanical systems from other sectors as well including automotive, industrial, and healthcare. Furthermore, launch of new automotive devices like accelerometers, gyroscope and pressure sensor is fuelling the growth of Global Microelectromechanical Systems Market. Also, growing demand for motion sensors, microphones, and light sensors for IoT devices is supporting the growth of this market.

Microelectromechanical Systems is a technology that involves the integration of mechanical and electronic components on a very small scale. Microelectromechanical Systems are typically a few micrometers to a few millimeters in size and can be used in a wide range of applications, including consumer electronics, automotive systems, medical devices, and aerospace and defense systems. Some common examples of microelectromechanical systems’ devices include accelerometers (used in motion detection), gyroscopes (used in navigation), pressure sensors (used in weather monitoring), and microfluidic devices (used in lab-on-a-chip applications). The development of microelectromechanical systems technology has enabled the miniaturization of many devices and systems, leading to increased functionality and reduced cost. Additionally, the integration of mechanical and electronic components in a single device allows for new types of functionalities that was previously not possible.

Increase in advancements and innovations:

  • The future of microelectromechanical systems technology is expected to bring several advancements and innovations. Here are a few areas where microelectromechanical systems technology is expected to play a significant role in the coming years:
  • Healthcare: Microelectromechanical Systems’ sensors and microfluidic devices are expected to play a key role in developing new diagnostic and therapeutic devices for healthcare applications, such as wearable medical devices, implantable devices, and point-of-care diagnostics.
  • Consumer Electronics: Microelectromechanical Systems’ sensors will continue to play a crucial role in enabling IoT devices, providing essential data for connected devices and systems.
  • Automotive: MEMS sensors and actuators will continue to play an increasingly important role in the development of advanced driver assistance systems (ADAS) and autonomous vehicles.
  • Smart homes and buildings: MEMS sensors will be used in a wide range of applications to enable smart homes and buildings, such as temperature and humidity sensors, gas and smoke detectors, and occupancy sensors.

Overall, the future of microelectromechanical systems technology is expected to bring about a new era of innovation, providing new capabilities and enabling new types of devices and systems.

The Growing Popularity of Advanced Consumer Electronics

The growing popularity of advanced consumer electronics is a trend that has been observed in recent years. This is largely due to the increasing availability of technology, the decline in costs of electronics, and the rising consumer demand for high-quality, convenient, and user-friendly devices. One of the key drivers of this trend is the rapid advancement of technology, which has led to the development of new and innovative consumer electronics products. This includes devices such as smartphones, smartwatches, laptops, and home automation systems, all of which offer advanced features and capabilities that were once only available to a limited number of consumers. Overall, the trend towards the growing popularity of advanced consumer electronics is set to continue, as consumers continue to demand more sophisticated, convenient, and user-friendly devices. This will likely lead to further innovation and development in the field, as manufacturers strive to meet these changing needs and desires which would increase the market of microelectromechanical systems.


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Market Segmentation

Global Microelectromechanical Systems market can be segmented based on product type, material, application, region and competitive landscape. Based on application, the market is segmented into consumer electronics, automotive, industrial, aerospace & defense, healthcare, telecommunication and others. Among them, the consumer electronics application is expected to undergo fastest growth during the forecast period owing to growing application of microelectromechanical systems in electronics devices such as smartphones, tablets, and laptops.

Regionally, Asia Pacific serves as the largest market for microelectromechanical systems (Microelectromechanical Systems) owing to thriving automotive and electronics sector in the region. For instance, increasing miniaturization and communication capabilities in automobiles sector in Japan is making the country a lucrative market for Microelectromechanical Systems (Microelectromechanical Systems) companies.

Company Profiles

Major companies operating in Global Microelectromechanical Systems (Microelectromechanical Systems) market include Panasonic Corporation, STMicroelectronics N.V., Texas Instruments, Analog Devices Inc., Broadcom, Denso Corporation, NXP Semiconductors, Knowles Corporation, Asahi Kasei Microdevices Corporation (AKM), Taiwan Semiconductor Manufacturing Co. Ltd., TE Connectivity Corp, Sensata Technologies, Inc., Honeywell International, Inc., Murata Manufacturing Company Ltd. and Robert Bosch GmbH, among others. Key growth strategies being undertaken by market leaders include partnerships and strategic investments.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2028F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Product Type

By Application

By Material

By Region

Regional Scope

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

Country Scope

China, Japan, India, Australia, South Korea, United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Israel, Turkey, Saudi Arabia, UAE, South Africa, Brazil, Argentina, Colombia

Key Companies Profiled

Panasonic Corporation, STMicroelectronics N.V., Texas Instruments, Analog Devices Inc., Broadcom, Denso Corporation, NXP Semiconductors, Knowles Corporation, Asahi Kasei Microdevices Corporation (AKM), Taiwan Semiconductor Manufacturing Co. Ltd., TE Connectivity Corp, Sensata Technologies, Inc., Honeywell International, Inc., Murata Manufacturing Company Ltd. and Robert Bosch GmbH

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, the global microelectromechanical systems market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Microelectromechanical Systems Market, By Product Type:
    • Sensors
    • Actuators
  • Microelectromechanical Systems Market, By Application:
    • Consumer Electronics
    • Automotive
    • Industrial
    • Aerospace & Defense
    • Healthcare
    • Telecommunication
    • Others
  • Microelectromechanical Systems Market, By Material:
    • Silicon
    • Polymers
    • Metals
    • Ceramics
  • Microelectromechanical Systems Market, By Region:
    • Asia-Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Italy
    • Middle East & Africa
      • Israel
      • Turkey
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global microelectromechanical systems market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

4.    Voice of Customer

4.1.  Brand Awareness

4.2.  Key Factors for Selecting Vendor

4.3.  Key Satisfaction Level

4.4.  Key Challenges Faced

5.    Global Microelectromechanical Systems Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Product Type (Sensors & Actuators)

5.2.2.    By Application (Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare, Telecommunication, Others)

5.2.3.    By Material (Silicon, Polymers, Metals, Ceramics)

5.2.4.    By Region

5.2.5.    By Company

5.3.  Market Map

6.    North America Microelectromechanical Systems Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type

6.2.2.    By Application

6.2.3.    By Material

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Microelectromechanical Systems Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value 

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Product Type

6.3.1.2.2.           By Application

6.3.1.2.3.           By Material

6.3.2.    Canada Microelectromechanical Systems Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value 

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Product Type

6.3.2.2.2.           By Application

6.3.2.2.3.           By Material

6.3.3.    Mexico Microelectromechanical Systems Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value 

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Product Type

6.3.3.2.2.           By Application

6.3.3.2.3.           By Material

7.    Asia-Pacific Microelectromechanical Systems Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type

7.2.2.    By Application

7.2.3.    By Material

7.2.4.    By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.    China Microelectromechanical Systems Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value 

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Product Type

7.3.1.2.2.           By Application

7.3.1.2.3.           By Material

7.3.2.    Japan Microelectromechanical Systems Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value 

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Product Type

7.3.2.2.2.           By Application

7.3.2.2.3.           By Material

7.3.3.    South Korea Microelectromechanical Systems Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value 

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Product Type

7.3.3.2.2.           By Application

7.3.3.2.3.           By Material

7.3.4.    India Microelectromechanical Systems Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value 

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Product Type

7.3.4.2.2.           By Application

7.3.4.2.3.           By Material

7.3.5.    Australia Microelectromechanical Systems Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value 

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Product Type

7.3.5.2.2.           By Application

7.3.5.2.3.           By Material

8.    Europe Microelectromechanical Systems Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type

8.2.2.    By Application

8.2.3.    By Material

8.2.4.    By Country

8.3.  Europe: Country Analysis

8.3.1.    Germany Microelectromechanical Systems Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value 

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Product Type

8.3.1.2.2.           By Application

8.3.1.2.3.           By Material

8.3.2.    United Kingdom Microelectromechanical Systems Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value 

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Product Type

8.3.2.2.2.           By Application

8.3.2.2.3.           By Material

8.3.3.    France Microelectromechanical Systems Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value 

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Product Type

8.3.3.2.2.           By Application

8.3.3.2.3.           By Material

8.3.4.    Italy Microelectromechanical Systems Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value 

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Product Type

8.3.4.2.2.           By Application

8.3.4.2.3.           By Material

8.3.5.    Spain Microelectromechanical Systems Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value 

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Product Type

8.3.5.2.2.           By Application

8.3.5.2.3.           By Material

9.    South America Microelectromechanical Systems Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type

9.2.2.    By Application

9.2.3.    By Material

9.2.4.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Microelectromechanical Systems Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value 

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Product Type

9.3.1.2.2.           By Application

9.3.1.2.3.           By Material

9.3.2.    Argentina Microelectromechanical Systems Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value 

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Product Type

9.3.2.2.2.           By Application

9.3.2.2.3.           By Material

9.3.3.    Colombia Microelectromechanical Systems Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value 

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Product Type

9.3.3.2.2.           By Application

9.3.3.2.3.           By Material

10. Middle East & Africa Microelectromechanical Systems Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Product Type

10.2.2. By Application

10.2.3. By Material

10.2.4. By Country

10.3.             Middle East & Africa: Country Analysis

10.3.1. Israel Microelectromechanical Systems Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value 

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Product Type

10.3.1.2.2.         By Application

10.3.1.2.3.         By Material

10.3.2. Turkey Microelectromechanical Systems Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value 

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Product Type

10.3.2.2.2.         By Application

10.3.2.2.3.         By Material

10.3.3. UAE Microelectromechanical Systems Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value 

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Product Type

10.3.3.2.2.         By Application

10.3.3.2.3.         By Material

10.3.4. Saudi Arabia Microelectromechanical Systems Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value 

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Product Type

10.3.4.2.2.         By Application

10.3.4.2.3.         By Material

11. Market Dynamics

11.1.             Drivers

11.1.1. Increasing Popularity of IoT in Semiconductors

11.1.2. Increasing Demand for Smart Consumer Electronics

11.1.3. Increasing Adoption of Automation in Industries and Homes

11.2.             Challenges

11.2.1. Highly Complex Manufacturing Process and Demanding Cycle Time

11.2.2. Lack of Standardized Fabrication Process for Microelectromechanical Systems

12. Market Trends & Developments

12.1.         Advancements in sensor technology

12.2.         Wide application scope of Microelectromechanical Systems technology

12.3.         Sensors made from the Microelectromechanical System (Microelectromechanical Systems) widely used in automotive

12.4.         Increasing technological innovations

12.5.         Growing investments in the development of the technology, and economic advancement

13. Company Profiles

13.1.                Panasonic Corporation

13.1.1.    Business Overview

13.1.2.    Key Revenue (If Available)

13.1.3.    Recent Developments

13.1.4.    Key Personnel

13.1.5.    Key Product/Service Offered

13.1.6.    SWOT analysis

13.2.                STMicroelectronics N.V.

13.2.1.    Business Overview

13.2.2.    Key Revenue (If Available)

13.2.3.    Recent Developments

13.2.4.    Key Personnel

13.2.5.    Key Product/Service Offered

13.2.6.    SWOT analysis

13.3.                Texas Instruments

13.3.1.    Business Overview

13.3.2.    Key Revenue (If Available)

13.3.3.    Recent Developments

13.3.4.    Key Personnel

13.3.5.    Key Product/Service Offered

13.3.6.    SWOT analysis

13.4.                Analog Devices Inc.

13.4.1.    Business Overview

13.4.2.    Key Revenue (If Available)

13.4.3.    Recent Developments

13.4.4.    Key Personnel

13.4.5.    Key Product/Service Offered

13.4.6.    SWOT analysis

13.5.                Broadcom

13.5.1.    Business Overview

13.5.2.    Key Revenue (If Available)

13.5.3.    Recent Developments

13.5.4.    Key Personnel

13.5.5.    Key Product/Service Offered

13.5.6.    SWOT analysis

13.6.                Denso Corporation

13.6.1.    Business Overview

13.6.2.    Key Revenue (If Available)

13.6.3.    Recent Developments

13.6.4.    Key Personnel

13.6.5.    Key Product/Service Offered

13.6.6.    SWOT analysis

13.7.                Knowles Corporation

13.7.1.    Business Overview

13.7.2.    Key Revenue (If Available)

13.7.3.    Recent Developments

13.7.4.    Key Personnel

13.7.5.    Key Product/Service Offered

13.7.6.    SWOT analysis

13.8.                NXP Semiconductors

13.8.1.    Business Overview

13.8.2.    Key Revenue (If Available)

13.8.3.    Recent Developments

13.8.4.    Key Personnel

13.8.5.    Key Product/Service Offered

13.8.6.    SWOT analysis

13.9.                Asahi Kasei Microdevices Corporation (AKM)

13.9.1.    Business Overview

13.9.2.    Key Revenue (If Available)

13.9.3.    Recent Developments

13.9.4.    Key Personnel

13.9.5.    Key Product/Service Offered

13.9.6.    SWOT analysis

13.10.             Taiwan Semiconductor Manufacturing Co. Ltd.

13.10.1. Business Overview

13.10.2. Key Revenue (If Available)

13.10.3. Recent Developments

13.10.4. Key Personnel

13.10.5. Key Product/Service Offered

13.10.6. SWOT analysis

13.11.             TE Connectivity Corp

13.11.1. Business Overview

13.11.2. Key Revenue (If Available)

13.11.3. Recent Developments

13.11.4. Key Personnel

13.11.5. Key Product/Service Offered

13.11.6. SWOT analysis

13.12.             Sensata Technologies, Inc.

13.12.1. Business Overview

13.12.2. Key Revenue (If Available)

13.12.3. Recent Developments

13.12.4. Key Personnel

13.12.5. Key Product/Service Offered

13.12.6. SWOT analysis

13.13.             Honeywell International, Inc.

13.13.1. Business Overview

13.13.2. Key Revenue (If Available)

13.13.3. Recent Developments

13.13.4. Key Personnel

13.13.5. Key Product/Service Offered

13.13.6. SWOT analysis

13.14.             Murata Manufacturing Company Ltd.

13.14.1. Business Overview

13.14.2. Key Revenue (If Available)

13.14.3. Recent Developments

13.14.4. Key Personnel

13.14.5. Key Product/Service Offered

13.14.6. SWOT analysis

13.15.             Robert Bosch GmbH

13.15.1. Business Overview

13.15.2. Key Revenue (If Available)

13.15.3. Recent Developments

13.15.4. Key Personnel

13.15.5. Key Product/Service Offered

13.15.6. SWOT analysis

14. Strategic Recommendations

14.1.         Fastest growing market by application

14.2.         Dominating market by material

14.3.         Dominating market by region & country

15. About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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Lack of standardized fabrication process for microelectromechanical systems is a challenge for the Global Microelectromechanical Systems Market during the forecast period.

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Increased use of semiconductor devices in automobiles, consumer electronics, and healthcare technologies are boosting the demand for microelectromechanical System.

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Asia Pacific serves as the largest market for microelectromechanical systems owing to thriving automotive and electronics sector in the region. For instance, increasing miniaturization and communication capabilities in automobiles sector in Japan is making the country a lucrative market for microelectromechanical systems.

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Key players in the market are Panasonic Corporation, STMicroelectronics N.V., Texas Instruments, Analog Devices Inc., Broadcom, Denso Corporation, NXP Semiconductors, Knowles Corporation, Asahi Kasei Microdevices Corporation (AKM), Taiwan Semiconductor Manufacturing Co. Ltd., TE Connectivity Corp, Sensata Technologies, Inc., Honeywell International, Inc., Murata Manufacturing Company Ltd. and Robert Bosch GmbH, among others.

profile

Sakshi Bajaal

Business Consultant
Press Release

Microelectromechanical Systems (MEMS) Market to be Dominated by increased used in semiconductors Through 2028

May, 2023

Increasing adoption of automation in industries and homes are driving the implementation of the Microelectromechanical Systems market across the globe.