Press Release
Global Microelectromechanical Systems (MEMS) Market is to Reach $35 Billion by 2024 Says, Variant Market Research
 Published Date:  Mar 2017  Publish By: Variant Market Research

Microelectromechanical Systems (MEMS) Market Report, published by Variant Market Research, forecast that the global market is expected to reach $35 billion by 2024 from $15 billion in 2016; growing at a CAGR of 11.4% from 2016 to 2024. By geography, Asia Pacific and RoW are expected to grow at a CAGR of 12.4% and 12.1%, respectively, during the forecast period.

"Microelectromechanical Systems (MEMS) Market (By Product Type: Sensors, Actuators; By Industry Vertical: Consumer Electronics, Automotive, Industrial, Aerospace & Defence, Healthcare, Telecommunication; By Geography: North America, Europe, Asia-Pacific, RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024"

To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/microelectromechanical-systems-mems-market

Technological advancements, which has resulted in the reduction in size of devices, making it cost effective and efficient and consumer’s preferences for enhanced vehicle features for safety and comfort are the major drivers of the market. Moreover, stringent rules and regulations by government for vehicles fuel efficiency and emission standards are also expected to boost the market further.

By industry type, consumer electronics and automotives accounted for 49.9% and 26.1% respectively, in 2016. And by type, sensor holds 55.8% of the market followed by actuators. In sensors, accelerometer is expected to maintain its dominant position throughout the forecast period, followed by gyroscope.

Asia-Pacific is the fastest growing region in the microelectromechanical systems market, and is expected to continue this trend over the 2016-2024, owing to increase in the awareness and consumption, especially in China and India. Asia-Pacific holds 52.9% of the market, followed by North America which had 22.7% in 2016.

The key market players include Robert Bosch GmbH (Germany), Panasonic Corporation (Japan), Canon Inc. (Japan), Texas Instruments Inc. (U.S.), Hewlett-Packard Company (U.S.), Knowles Electronics (U.S.), Denso Corporation (Japan), InvenSense, Inc. (U.S.), Analog Devices, Inc. (U.S.), Sensata Technologies, Inc. (U.S.), Avago Technologies (Singapore), and Seiko Epson Corporation (Japan). In June 2016, Seiko Epson Corporation acquired Fratelli Robustelli S.r.l, a leader in the textile printing industry.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
                   3.3.1.1 Impact Analysis
          3.3.2 Restraints
                   3.3.2.1 Impact Analysis
          3.3.3 Opportunities
Chapter 4 MEMS Market by Industry Vertical: Market Size and Forecast, 2015 – 2024
    4.1 Overview
    4.2 Consumer Electronic
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
    4.3 Automotive
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast
    4.4 Industrial
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast
    4.5 Aerospace and Defense
          4.5.1 Current Trend and Analysis
          4.5.2 Market Size and Forecast
    4.6 Healthcare
          4.6.1 Current Trend and Analysis
          4.6.2 Market Size and Forecast
    4.7 Telecommunication
          4.7.1 Current Trend and Analysis
          4.7.2 Market Size and Forecast
Chapter 5 MEMS Market by Type: Market Size and Forecast, 2015 – 2024
    5.1 Overview
    5.2 Sensor
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
          5.2.3 Accelerometer
                   5.2.3.1 Market Size and Forecast
          5.2.4 Gyroscope
                   5.2.4.1 Market Size and Forecast
          5.2.5 Pressure sensor
                   5.2.5.1 Market Size and Forecast
          5.2.6 Inertial combos
                   5.2.6.1 Market Size and Forecast
          5.2.7 Microphone
                   5.2.7.1 Market Size and Forecast
          5.2.8 Magnetometer
                   5.2.8.1 Market Size and Forecast
          5.2.9 Others (Environment and Optical Sensor)
                   5.2.9.1 Market Size and Forecast
    5.3 Actuators
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
          5.3.3 Inkjet systems
                   5.3.3.1 Market Size and Forecast
          5.3.4 Optical MEMS (Projection System, Autofocus, Micromirror, and Micro Displays)
                   5.3.4.1 Market Size and Forecast
          5.3.5 Oscillators and Resonators
                   5.3.5.1 Market Size and Forecast
          5.3.6 Micro fluidic and bio-chip
                   5.3.6.1 Market Size and Forecast
          5.3.7 RF MEMS
                   5.3.7.1 Market Size and Forecast
          5.3.8 Others (PIR and Thermopiles,Microbolometers, and Digital compass)
                   5.3.8.1 Market Size and Forecast
Chapter 6 MEMS Market by Geography: Market Size and Forecast, 2015 – 2024
    6.1 Overview
    6.2 North America
          6.2.1 Current Trend and Analysis
          6.2.2 Market Size and Forecast
          6.2.3 US
                   6.2.3.1 Market Size and Forecast
          6.2.4 Canada
                   6.2.4.1 Market Size and Forecast
          6.2.5 Mexico
                   6.2.5.1 Market Size and Forecast
    6.3 Europe
          6.3.1 Current Trend and Analysis
          6.3.2 Market Size and Forecast
          6.3.3 Germany
                   6.3.3.1 Market Size and Forecast
          6.3.4 France
                   6.3.4.1 Market Size and Forecast
          6.3.5 United Kingdom
                   6.3.5.1 Market Size and Forecast
          6.3.6 Spain
                   6.3.6.1 Market Size and Forecast
          6.3.7 Others
                   6.3.7.1 Market Size and Forecast
    6.4 Asia-Pacific
          6.4.1 Current Trend and Analysis
          6.4.2 Market Size and Forecast
          6.4.3 China
                   6.4.3.1 Market Size and Forecast
          6.4.4 India
                   6.4.4.1 Market Size and Forecast
          6.4.5 Japan
                   6.4.5.1 Market Size and Forecast
          6.4.6 South Korea
                   6.4.6.1 Market Size and Forecast
          6.4.7 Others
                   6.4.7.1 Market Size and Forecast
    6.5 RoW
          6.5.1 Current Trend and Analysis
          6.5.2 Market Size and Forecast
          6.5.3 Middle East
                   6.5.3.1 Market Size and Forecast
          6.5.4 South America
                   6.5.4.1 Market Size and Forecast
          6.5.5 Africa
                   6.5.5.1 Market Size and Forecast
Chapter 7 Company Profiles
    7.1 Robert Bosch GmbH (Germany)
    7.2 Panasonic Corporation (Japan)
    7.3 Canon Inc. (Japan)
    7.4 Texas Instruments Inc. (U.S.)
    7.5 Hewlett-Packard Company (U.S.)
    7.6 Knowles Electronics (U.S.)
    7.7 Denso Corporation (Japan)
    7.8 InvenSense, Inc. (U.S.)
    7.9 Analog Devices, Inc. (U.S.)
    7.10 Seiko Epson Corporation (Japan).

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