REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
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USD 26.54 billion by 2029 | 8.7% | Asia Pacific |
By Type | By Application | By Region |
---|---|---|
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SCOPE OF THE REPORT
Micro-Electro-Mechanical System (MEMS) Market Overview
The global Micro-Electro-Mechanical System (MEMS) market is expected to grow at 8.7% CAGR from 2022 to 2029. It is expected to reach above USD 26.54 billion by 2029 from USD 12.53 billion in 2022.
Micro-Electro-Mechanical System (MEMS) is a technology that combines mechanical and electrical components on a very small scale, typically on the order of micrometers. These devices are created using microfabrication techniques and can be used for a wide range of applications, such as sensing, actuation, communication, and energy conversion. Some examples of MEMS devices include accelerometers (used in smartphones to detect movement), micro-mirrors (used in projectors and optical communication systems), and micro-fluidic devices (used in lab-on-a-chip systems for biomedical analysis). MEMS technology has the potential to revolutionize many industries by enabling the development of new, smaller, and more efficient devices.
In the upcoming years, the market for Micro-Electro-Mechanical Systems (MEMS) is anticipated to expand significantly. The market is expanding as a result of a number of factors, including the rising popularity of smartphones and other consumer electronics, the rising need for advanced sensing technologies across a range of markets, and the expanding usage of MEMS in the healthcare and automotive industries.
ATTRIBUTE | DETAILS |
Study period | 2020-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD Billion), (Kilotons) |
Segmentation | By Type, Application, and region. |
By Type
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By Application
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By Region
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The rapid expansion of the Microelectromechanical System (MEMS) industry is driven by factors including the widespread use of smartphones, the healthy market for portable electronics, the rising appeal of the Internet of Things (IoT), and strong demand in the automation sector. MEMS technology is used by sensor manufacturing businesses to create a variety of sensors because of its low power requirement, compact design, and high precision. These producers are creating novel MEMS-based sensors for a range of uses in an effort to expand the microelectromechanical system (MEMS) market both locally and globally.
The healthcare sector is also seeing a growing demand for MEMS-based devices, such as lab-on-a-chip systems, blood glucose sensors, and micro-needles.
The micro-electrical and mechanical systems (MEMS) market have been significantly impacted by the COVID-19 epidemic. The infection disrupted the manufacturing process and the supply chain, which resulted in MEMS device delays and shortages. This had a tremendous impact on the consumer electronics and automobile industries, two of the major end-use markets for MEMS.
However, as the pandemic persisted, there was an upsurge in demand for specific MEMS device kinds. For instance, since people use online communication platforms more frequently, demand for MEMS microphones and speakers has skyrocketed. The demand for medical devices like ventilators, which operate on MEMS pressure sensors, has also surged as a result of the epidemic.
Micro-Electro-Mechanical System (MEMS) Market Segment Analysis
Global Micro-Electro-Mechanical System (MEMS) Market is segmented into type and application which are described as follows:
Global Micro-Electro-Mechanical System (MEMS) Market by Type is divided into Sensor type and Actuator type
The sensor type is divided into Inertial Sensors, Pressure Sensors, Microphones, Micro speakers, Environmental Sensors, Optical Sensors, and Others. The actuator type is divided into Optical, Microfluidics, Inkjet Head, and RF. The sensor segment dominated the market revenue share due to its wide range of applications in consumer electronics.
The largest segment of the MEMS market was made up of inertial sensors. This growth is attributed to the increased use of inertial sensors such as accelerometers, gyroscopes, magnetometers, and inertial combo sensors in consumer and wearable applications for location-based services, gaming, and built-in compass app providing screen orientation and for undoing actions by shaking the wearable device. These applications include electronic stability control (ESC), traction control system (TCS), and anti-lock braking system (ABS).
Global Micro-Electro-Mechanical System (MEMS) Market by Application is divided into Automotive, Consumer Electronics, Defense, Aerospace, Industrial, Healthcare, and Telecom.
Consumer electronics led the market revenue share in the application segment. MEMS are fueling the development of cutting-edge wearable technology. These systems are mostly utilized in electronic devices such as e-readers, digital cameras, portable media players, digital cameras, wearable devices, smartphones, tablets, and computers. Accelerometers, gyroscopes, magnetic compasses, pressure, temperature, and humidity sensors, MEMS microphones, MEMS micro-mirrors, bulk acoustic wave (BAW) filters, duplexers, RF switches, TCXO oscillators, ambient light sensor and proximity sensors, micro displays, magnetometers are a few of the MEMS that are most frequently used in consumer electronics.
Micro-Electro-Mechanical System (MEMS) Market Players
The Micro-Electro-Mechanical System (MEMS) market key players include STMicroelectronics (Switzerland), Robert Bosch (Germany), Analog Devices (US), NXP Semiconductors (Netherlands), Texas Instruments (US), Panasonic Corp. (Japan), TE Connectivity (Switzerland), Broadcom (US), Honeywell International US), and Knowles Corp. LLC (US).
For corporate expansion, these key leaders are implementing strategic formulations such as new product development and commercialization, commercial expansion, and distribution agreements. Moreover, these participants are substantially spending on product development, which is fueling revenue generation.
Recent Developments
In October 2022, Bosch Sensortec has launched the BMI323, an affordable Inertial Measurement Unit (IMU) with excellent performance and integrated features enabling a shorter development time. The BMI323’s combination of simplicity with an excellent price-performance ratio will open new applications for IMUs. Like its predecessor, BMI160, the new BMI323 is a general-purpose, low-power IMU that combines precise acceleration and angular rate (gyroscopic) measurement with intelligent integrated features that are triggered by motion.
In February 2022, STMicroelectronics has introduced its third generation of MEMS sensors. The new sensors enable the next leap in performance and features for consumer mobiles and smart industries, healthcare, and retail. To be included in selected variants, extra features include ST’s machine-learning core (MLC) and electrostatic sensing.
In May 2022, STMicroelectronics has teamed with AWS and Microsoft to expand its reach into the IoT realm. On the AWS front, STMicroelectronics now offers a reference implementation that makes for an easier and more secure connection of IoT devices to the AWS cloud. Meanwhile, in a joint effort with Microsoft, STMicroelectronics has endeavored to strengthen the security of emerging IoT applications.
Who Should Buy? Or Key stakeholders
- Manufacturing companies
- Defense and Aerospace industry
- Healthcare industry
- Consumer electronics
- Government organization.
- Research firms
- Telecom industry
- Investors
- End-user companies
- Research institutes
- Others
Micro-Electro-Mechanical System (Mems) Market Regional Analysis
The Micro-Electro-Mechanical System (MEMS) market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN, and Rest of APAC
- Europe: includes the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe
- South America: includes Brazil, Argentina, and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and the Rest of MEA
The Asia Pacific region is the largest market for MEMS, driven by the presence of a large number of consumer electronics manufacturers in the region, as well as the growing adoption of MEMS devices in the automotive and healthcare industries. China, Japan, and South Korea are the major countries that contribute the most to this region. Asia pacific holds around 36% of the market share. Another reason for the dominance of this region is the availability of raw materials and labor at a cheaper cost.
North America is a significant market for MEMS, driven by the presence of a large number of automotive and aerospace manufacturers in the region. The U.S. is the largest market in the region, driven by the presence of leading MEMS manufacturers and the adoption of advanced technologies in the healthcare and industrial sectors. Europe is also developing in this market for generally driven by the presence of a large number of automotive and aerospace manufacturers in the region, as well as the adoption of advanced technologies in the healthcare sector.
Key Market Segments:
Micro-Electro-Mechanical System (Mems) Market By Type, 2020-2029, (USD Billion), (Kilotons)
- Sensor Type
- Actuator Type
Micro-Electro-Mechanical System (Mems) Market by Application, 2020-2029, (USD Billion), (Kilotons)
- Automotive
- Consumer Electronics
- Defense
- Aerospace
- Industrial
- Healthcare
- Telecom
Micro-Electro-Mechanical System (Mems) Market by Region, 2020-2029, (USD Billion), (Kilotons)
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Key Question Answered
- What is the current size of the Micro-Electro-Mechanical System (MEMS) market?
- What are the key factors influencing the growth of the Micro-Electro-Mechanical System (MEMS) market?
- What are the major applications of the Micro-Electro-Mechanical System (MEMS) market?
- Who are the major key players in the Micro-Electro-Mechanical System (MEMS) market?
- Which region will provide more business opportunities for Micro-Electro-Mechanical Systems (MEMS) in the future?
- Which segment holds the maximum share of the Micro-Electro-Mechanical System (MEMS) market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET OUTLOOK
- GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE, 2020-2029, (USD BILLION), (KILOTONS)
- SENSOR TYPE
- ACTUATOR TYPE
- GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION, 2020-2029, (USD BILLION), (KILOTONS)
- AUTOMOTIVE
- CONSUMER ELECTRONICS
- DEFENSE
- AEROSPACE
- INDUSTRIAL
- HEALTHCARE
- TELECOM
- GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY REGION, 2020-2029, (USD BILLION), (KILOTONS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- STMICROELECTRONICS
- ROBERT BOSCH
- ANALOG DEVICES
- NXP SEMICONDUCTORS
- TEXAS INSTRUMENTS
- PANASONIC CORP.
- TE CONNECTIVITY
- BROADCOM
- HONEYWELL INTERNATIONAL
- KNOWLES CORP. LLC *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY REGION (USD BILLION) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY REGION (KILOTONS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â US MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â US MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â US MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â UK MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â UK MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â UK MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â UK MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â UAE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â UAE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â UAE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â UAE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 107Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 108Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 109Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 110Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 111Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 112Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 113Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 114Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 115Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 116Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION (KILOTONS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY TYPE, USD BILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 11          PORTER’S FIVE FORCES MODEL
FIGURE 12Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET SNAPSHOT
FIGURE 13Â Â Â Â Â Â Â Â Â Â EUROPE MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET SNAPSHOT
FIGURE 14Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET SNAPSHOT
FIGURE 15Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET SNAPSHOT
FIGURE 16Â Â Â Â Â Â Â Â Â Â MIDDLE EAST ASIA AND AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) MARKET SNAPSHOT
FIGURE 17Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 18Â Â Â Â Â Â Â Â Â Â STMICROELECTRONICS: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â ROBERT BOSCH: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â ANALOG DEVICES: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â NXP SEMICONDUCTORS: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â TEXAS INSTRUMENTS: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â PANASONIC CORP.: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â TE CONNECTIVITY: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â BROADCOM: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â Â Â Â Â Â Â HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â Â Â Â Â Â Â KNOWLES CORP. LLC: COMPANY SNAPSHOT
FAQ
The global Micro-Electro-Mechanical System (MEMS) market is expected to grow at 8.7% CAGR from 2020 to 2029. It is expected to reach above USD 26.54 billion by 2029 from USD 12.53 billion in 2020.
The Asia Pacific region is the largest market for MEMS, driven by the presence of a large number of consumer electronics manufacturers in the region, as well as the growing adoption of MEMS devices in the automotive and healthcare industries. China, Japan, and South Korea are the major countries that contribute the most to this region. Asia pacific holds around 36% of the market share. Another reason for the dominance of this region is the availability of raw materials and labor at a cheaper cost.
The rapid expansion of the Microelectromechanical System (MEMS) industry is driven by factors including the widespread use of smartphones, the healthy market for portable electronics, the rising appeal of the Internet of Things (IoT), and strong demand in the automation sector. MEMS technology is used by sensor manufacturing businesses to create a variety of sensors because of its low power requirement, compact design, and high precision. These producers are creating novel MEMS-based sensors for a range of uses in an effort to expand the microelectromechanical system (MEMS) market both locally and globally.
The healthcare sector is also seeing a growing demand for MEMS-based devices, such as lab-on-a-chip systems, blood glucose sensors, and micro-needles.
In terms of revenue generation and largest market share Asia Pacific dominates the Micro-Electro-Mechanical System (MEMS) market.
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