Acknowledging the kind of traction gained by this market, recently published a study report asserts the global MEMS Sensor Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 10.4% during the review period (2022 to 2027).
MEMS sensors have significantly spiked in demand. For instance, the demand for thermopiles and microbolometers used in temperature guns and thermal cameras has increased because of the need for contactless monitoring of people's temperatures. Moreover, real-time polymerase chain reaction (PCR) diagnostic tests for detecting COVID-19 and microfluidics for DNA sequencing are gaining substantial market relevance. The latter serves as a premier method of detecting a bacteria or virus on the molecular level with high degrees of accuracy. Furthermore, pressure and flowmeters in ventilators will grow because of hospital intensive care units (ICUs).
Microelectromechanical system (MEMS) sensors offer multiple advantages, such as accuracy and reliability, in addition to the potential to make smaller electronic devices. As a result, they have gained considerable traction in the past few years. Miniaturized consumer devices, such as IoT-connected devices and wearables, are the emerging applications of MEMS sensors in the market.
The global MEMS Sensor includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Panasonic Corporation, Robert Bosch GmbH, STMicroelectronics N.V., Texas Instruments, Analog Devices Inc., Broadcom, Denso Corporation, HP Inc., NXP Semiconductors, and Knowles Corporation and others.
Industry News:
The "Intelligent Sensor Processing Unit" from STMicroelectronics integrates brains into sensors to usher in the Onlife Era.
17 Feb 2022— STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications and a leading manufacturer of Micro-Electro-Mechanical Systems (MEMS), today announced the Intelligent Sensor Processing Unit (ISPU), which combines a Digital Signal Processor (DSP) designed to run AI algorithms and a MEMS sensor on the same silicon.
Panasonic Develops New MEMS Microphone with Low Profile and High Heat Resistance
Osaka, Japan -- Matsushita Electronic Industrial Co., Ltd. has developed a slim MEMS microphone suitable for portable electronic appliances typifying mobile phones. Sample shipment will start at the end of May 2007. The new MEMS microphone is constructed from an acoustic transducer (MEMS chip) made of MEMS technology and a CMOS amplifier, realizing low profile, at the same time, high heat resistance which enables Pb-free reflow solder mounting.
By Type, it is segmented into
By Application, it is segmented into
"High Demand for Micro-electromechanical Devices in South Asia"
The MEMS Sensor Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global MEMS Sensor Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
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Report Details |
Forecast Period 2022 to 2028 CAGR |
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By Type |
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By Applications |
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By Companies
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| Panasonic Corporation, Robert Bosch GmbH, STMicroelectronics N.V., Texas Instruments, Analog Devices Inc., Broadcom, Denso Corporation, HP Inc., NXP Semiconductors, and Knowles Corporation |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
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2022 to 2027 |
Number of Pages |
| 100 |
Customization Available
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| Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The MEMS Sensor Market is studied from 2017 - 2027.
What is the growth rate of MEMS Sensor Market?
The MEMS Sensor Market is growing at a CAGR of 10.4% over the next 5 years.
Who are the key players in MEMS Sensor Market?
Panasonic Corporation, Robert Bosch GmbH, STMicroelectronics N.V., Texas Instruments, Analog Devices Inc., Broadcom, Denso Corporation, HP Inc., NXP Semiconductors, and Knowles Corporation
What region does this MEMS Sensor Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of MEMS Sensor Market?
Pressure Sensors, Inertial Sensors, Other, Others
What are the major Applications of MEMS Sensor Market?
Automotive, Healthcare, Consumer Electronics, Industrial, Aerospace and Defense, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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