Outlook on the Worldwide MEMS Industry: Microsensors to Become a $9.12 Billion Global Market by 2027

Dublin, April 01, 2022 (GLOBE NEWSWIRE) -- The "Global MEMS Market by Components, Devices and Applications in Industry Verticals 2022-2027" report has been added to ResearchAndMarkets.com's offering.

This report evaluates the MEMS marketplace including its ecosystem, players, products, and services. The report analyzes MEMS components and enabled devices, products, and applications in industry verticals. The report provides detailed forecasts of MEMS by function, device, application, and industry vertical. Forecasts provided are global, regional, and by country for the period 2022 to 2027.

Select Report Findings:

  • Microsensors will become a $9.12 billion global market by 2027
  • MEMS in healthcare and life science will reach $2.35 billion globally by 2027
  • MEMS enabled industrial IoT devices will be a $1.72 billion global market by 2027
  • MEMS enabled small wireless sensor networks will be $629 million in the global market by 2027
  • APAC is the largest region by overall MEMS revenue followed by North America and Europe

Microelectromechanical Systems (MEMS), represent miniaturized mechanical and electro-mechanical elements (devices and structures) that are created using various microfabrication techniques. One of the key areas for MEMS is sensors, particularly in certain emerging market opportunity areas such as virtual reality and many IoT use cases, devices and applications.

Sensors are used for the detection of changes in the physical environment and/or logical relationship of one object to another(s) and/or the environment. Physical changes may include temperature, light, pressure, sound, and motion. Logical changes include the presence/absence of an electronically traceable entity, location, and/or activity. Within an IoT context, physical and logical changes are equally important, so MEMS/sensor systems will increasingly rely upon support from software.

It is important to recognize that leading experts often compare and contrast those devices/systems that provide sensor-effector type micro-computing vs. micro-devices containing gears, mirrors, valves, and other parts, which are frequently referred to as "MEMS" and "Micro-Machines" respectively. An Embedded system is a computer system with a dedicated function within a larger mechanical or electrical system.

In contrast, MEMS are made by various fabrication processes. These generally consist of a microprocessor and several other components that interact with the surroundings. Involves moving mechanical parts integrated with electronics within ICs. MEMS are application specific circuits such as accelerometers, gyroscopes, microphones, etc.

Whereas microelectronic integrated circuits act as the brains for systems, MEMS support microsystems in terms of providing the ability to sense and control the environment. MEMS elements are many and varied such as mechanical components (levers, springs, deformable membranes, vibrating structures, etc.) and electrical components (resistors, capacitors, inductors, etc.). These components comprise MEMS that provide various functions.

The MEMS market is a fast-growing area within the electronics sector with certain high-growth sub-segments, such as industrial IoT, representing significantly higher growth. APAC will lead the global marketplace by revenue with a 40% market share followed by North America with 30%. The other three regions of Europe, Latin America, and Middle East & Africa will hold 16%, 10%, and 4% of revenue respectively.

Companies in Report:

  • ARM Holdings
  • Bosch
  • Cisco System Inc.
  • InvenSense
  • Knowles Electronics
  • MediaTek Inc.
  • Microchip Technology Inc.
  • Micron Technology Inc.
  • Qualcomm Atheros Inc.
  • Renesas Electronics Corporation
  • Samsung Developers
  • STMicroelectronics
  • Texas Instruments

Key Topics Covered:

1 Executive Summary

2 Introduction
2.1 Embedded Systems and MEMS
2.2 MEMS Technology and Market Segments

3 MEMS Market Background
3.1 MEMS Market by Function
3.2 MEMS Market for Devices
3.3 MEMS Market in Industry Verticals
3.4 MEMS Market in Applications and Services

4 MEMS Industry Details
4.1 History
4.2 MEMS Applications
4.3 MEMS Use Cases
4.4 Advantages of MEMS
4.5 Disadvantages of MEMS
4.6 Manufacturing Process of MEMS

5 MEMS Market Dynamics
5.1 Drivers
5.2 Challenges

6 MEMS Company Analysis

7 MEMS Market Analysis and Forecasts 2022-2027
7.1 MEMS Revenue 2022-2027
7.1.1 Global MEMS Market Revenue 2022-2027
7.1.2 MEMS Revenue by Components 2022-2027 MEMS Revenue by Micro-Electronics Component Based Products 2022-2027 MEMS Revenue by Micro-Sensors Component Based Products MEMS Revenue by Micro-Actuators Component Based Products MEMS Revenue by Micro-Structures Component Based Products
7.1.3 MEMS Revenue by Application Devices 2022-2027
7.1.4 MEMS Revenue by Application in Industry Verticals 2022-2027
7.2 MEMS Revenue by Region 2022-2027
7.2.1 Total MEMS Revenue by Region 2022-2027
7.2.2 APAC MEMS Market 2022-2027
7.2.3 North America MEMS Market 2022-2027
7.2.4 Europe MEMS Market 2022-2027
7.2.5 Latin America MEMS Market 2022-2027
7.2.6 MEA MEMS Market 2022-2027
7.3 MEMS Revenue by Country 2022-2027
7.4 MEMS Shipment Forecasts 2022-2027
7.4.1 Global MEMS Shipment
7.4.2 MEMS Shipment by Components
7.4.3 MEMS Shipment by Application Devices
7.4.4 MEMS Shipment by Application Verticals
7.4.5 MEMS Shipment by Region MEMS Shipment by APAC Country MEMS Shipment by North America Country MEMS Shipment by Europe Country MEMS Shipment by Latin America Country MEMS Shipment by MEA Country

8 Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/y90q6p


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