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MEMS Market Trends and Forecast
The future of the MEMS market looks promising with opportunities in the automotive, consumer electronics, defense, industrial, telecommunication, and medical industries. The global MEMS market is expected to reach an estimated $19 billion by 2027 with a CAGR of 6% from 2021 to 2027. The major drivers for this market are increasing popularity of IoT in semiconductors, increasing demand for smart consumer electronics and wearable devices, and growing adoption of automation in industries and homes. 
MEMS Market by Type, and End Use
A total of 107 figures / charts and 68 tables are provided in this 205-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the MEMS market report, please download the report brochure.
MEMS Market by Segments
MEMS Market by Segment
The study includes a forecast for the global MEMS market by type, end use, and region as follows:
MEMS Market by Type [Value ($M) shipment analysis for 2016 – 2027]:
MEMS Market by End Use [Value ($M) shipment analysis for 2016 – 2027]:
MEMS Market by Region [Value ($M) shipment analysis for 2016 – 2027]:
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • The United Kingdom
  • France
  • Italy
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • The Rest of the World
List of MEMS Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies MEMS companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the MEMS companies profiled in this report includes.
MEMS Market Insight
  • Lucintel forecasts that consumer electronics will remain the largest end use segment over the forecast period due to increasing adoption of smartphones and wearable devices..
  • Sensor will remain the largest segment over the forecast period as they are low-cost, high-precision inertial sensors used to serve a wide variety of industry applications. 
  • Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to the presence of emerging economies, like China and India, along with increasing growth of the automobile and consumer electronics segments.
Features of MEMS Market
  • Market Size Estimates: MEMS market size estimation in terms of value ($M)
  • Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
  • Segmentation Analysis: Market size by type and end use industry.
  • Regional Analysis: MEMS market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different type, end use industry, and regions for the MEMS market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the MEMS market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ                                                                     
Q1. What is the MEMS market size?
Answer: The global MEMS market is expected to reach an estimated $19 billion by 2027         
Q2. What is the growth forecast for MEMS market?
Answer: The MEMS market is expected to grow at a CAGR of 6% from 2021 to 2027.   
Q3. What are the major drivers influencing the growth of the MEMS market?
Answer: The major drivers for this market are increasing popularity of IoT in semiconductors, increasing demand for smart consumer electronics and wearable devices, and growing adoption of automation in industries and homes.  
Q4. What are the major applications or end use industries for MEMS?
Answer: Consumer electronics and automotive are the major end use industries for MEMS.     
Q5. Who are the key MEMS companies?
Answer: Some of the key MEMS companies are as follows:
  • Broadcom
  • Robert Bosch
  • STMicroelectronics
  • Texas Instruments
  • Qorvo
Q6.Which MEMS product segment will be the largest in future?
Answer: Lucintel forecasts that sensor will remain the largest segment over the forecast period as they are low-cost, high-precision inertial sensors used to serve a wide variety of industry applications. 
Q7: In MEMS market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years 
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high growth opportunities for the global MEMS market by type (sensor and actuator), end use (automotive, consumer electronics, defense, industrial, medical, telecommunication, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
 
For any questions related to MEMS market or related to MEMS companies, MEMS market share, MEMS market analysis, MEMS market size, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
 
2. Global MEMS Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends and Forecasts
3.2: Global MEMS Market Trends and Forecast
3.3: Global MEMS Market by Type
3.3.1: Sensor
3.3.1.1: Inertial Sensor
3.3.1.2: Pressure Sensor
3.3.1.3: Optical Sensor
3.3.1.4: Environment Sensor
3.3.1.5: Ultrasonic Sensor
3.3.2: Actuators
3.3.2.1: Optical MEMS
3.3.2.2: Microfluidics
3.3.2.3: RF MEMS
3.3.2.4: Others
3.4: Global MEMS Market by End Use
3.4.1: Automotive 
3.4.2: Consumer Electronics 
3.4.3: Defense 
3.4.4: Industrial
3.4.5: Telecommunication
3.4.6: Others
 
4. Market Trends and Forecast Analysis by Region 
4.1: Global MEMS Market by Region
4.2: North American MEMS Market
4.2.1: Market by Type: Sensors and Actuators 
4.2.2: Market by End Use: Automotive, Consumer Electronics, Defense, Industrial, Telecommunication, and Others
4.2.3: United States MEMS Market
4.2.4: Canadian MEMS Market
4.2.5: Mexican MEMS Market
4.3: European MEMS Market
4.3.1: Market by Type: Sensors and Actuators 
4.3.2: Market by End Use: Automotive, Consumer Electronics, Defense, Industrial, Telecommunication, and Others
4.3.3: French MEMS Market
4.3.4: United Kingdom MEMS Market 
4.3.5: German MEMS Market
4.3.6: Italian MEMS Market
4.4: APAC MEMS Market
4.4.1: Market by Type: Sensors and Actuators 
4.4.2: Market by End Use: Automotive, Consumer Electronics, Defense, Industrial, Telecommunication, and Others
4.4.3: Chinese MEMS Market
4.4.4: South Korean MEMS Market
4.4.5: Japanese MEMS Market
4.4.6: Indian MEMS Market
4.5: ROW MEMS Market
4.5.1: Market by Type: Sensors and Actuators 
4.5.2: Market by End Use: Automotive, Consumer Electronics, Defense, Industrial, Telecommunication, and Others
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global MEMS Market by Type
6.1.2: Growth Opportunities for the Global MEMS Market by End Use
6.1.3: Growth Opportunities for the Global MEMS Market by Region
6.2: Emerging Trends in the Global MEMS Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Mergers and Acquisitions
 
7. Company Profiles of Leading Players
7.1: Broadcom Inc.
7.2: Robert Bosch Gmbh
7.3: STMicroelectronics 
7.4: Texas Instruments
7.5: Qorvo Inc. 
 
 
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107 figures/charts and 68 tables are provided in this 205 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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