Global Micro-Electromechanical Systems (MEMS) Strategic Business Report 2023: Growing Need for Device Miniaturization in Varied Electronics Devices Fuels Market Growth

Dublin, April 06, 2023 (GLOBE NEWSWIRE) -- The "Micro-Electromechanical Systems (MEMS): Global Strategic Business Report" report has been added to's offering.

The global market for Micro-Electromechanical Systems (MEMS) estimated at US$12.8 Billion in the year 2022, is projected to reach a revised size of US$22.6 Billion by 2030, growing at a CAGR of 7.4% over the analysis period 2022-2030.

Consumer Electronics, one of the segments analyzed in the report, is projected to record a 8% CAGR and reach US$13.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Automotive segment is readjusted to a revised 6.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 8.6% CAGR

The Micro-Electromechanical Systems (MEMS) market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.4 Billion by the year 2030 trailing a CAGR of 8.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6 Billion by the year 2030.

Select Competitors (Total 113 Featured) -

  • Analog Devices, Inc.
  • First Sensor AG
  • GoerTek Inc.
  • HP Development Company, L.P.
  • Infineon Technologies AG
  • Knowles Electronics, LLC
  • Murata Manufacturing Co., Ltd.
  • NXP Semiconductors N.V.
  • Omron Corporation
  • Panasonic Corporation
  • Robert Bosch GmbH
  • ROHM Co., Ltd.
  • STMicroelectronics N.V.
  • TDK Corporation
  • Texas Instruments Incorporated

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages409
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$12.8 Billion
Forecasted Market Value (USD) by 2030$22.6 Billion
Compound Annual Growth Rate7.4%
Regions CoveredGlobal

Key Topics Covered:




  • Micro-Electromechanical Systems (MEMS) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of COVID-19 Pandemic and Looming Global Recession
  • 2020: A Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Industrial Activity Remains Subdued, Inducing Weakness into MEMS Market
  • Global PMI Index Points for the Years 2018, 2019 & 2020
  • COVID-19 Impact on the MEMS Market
  • Pandemic Highlights Importance of MEMS Biosensors
  • Use of MEMS in Coronavirus Testing
  • An Introduction to Micro-Electromechanical Systems (MEMS) Devices
  • Types of MEMS Devices
  • MEMS Manufacturing
  • Advantages & Drawbacks of MEMS Devices
  • Global Market Prospects & Outlook
  • Consumer Electronics Leads the Global MEMS Devices Market
  • Asia-Pacific Spearheads Long-term Market Growth
  • Competition
  • Recent Market Activity



  • Growing Need for Device Miniaturization in Varied Electronics Devices Fuels Market Growth
  • Increasing Spending on Industrial Automation Initiatives to Boost Market Prospects
  • Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
  • Expanding Role of Electronics in Automotive Vehicles Accelerate Growth Momentum
  • Automotive Electronics as a Percentage (%) of Vehicle Production Cost for the Years 2010, 2020 & 2030
  • Average Value of In-Vehicle Electronics Per Vehicle (In US$) for the Years 2018, 2025 & 2030
  • World Automobile Production in Million Units: 2008-2022
  • Sustained Growth of Automotive Sensors: Opportunity for MEMS Market
  • As Autonomous Vehicles Come to the Fore, MEMS Market Poised to Benefit
  • Global Autonomous Vehicle Sales (In Million) for Years 2020, 2025 & 2030
  • Autonomous Vehicles Commercialization & Technology Penetration Timeline
  • Rising Use of MEMS Devices in Consumer Electronics
  • Global Opportunity for Consumer Electronics (In US$ Million) for Years 2020, 2022, 2024, 2026 and 2028
  • Rising Smartphone Adoption Drives Gains in the MEMS Market
  • Global Market for Smartphones in Billions: 2016-2021
  • Smartphone Penetration Rate as Share of Total Population: 2016-2021
  • Increase in Consumer Spending on Smart Home Technologies Presents Growth Potential for MEMS Devices
  • Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
  • Global Smart Home Market Breakdown by Technology (in %) for 2018 and 2022
  • Wearable Devices to Extend High-Growth Opportunities for MEMS Devices Market
  • Global Wearable Electronics Market Breakdown of Unit Sales (in %) by Region (2018 & 2022)
  • Global Wearables Shipments Breakdown (in %) by Product for 2020 & 2024
  • Opportunities for MEMS Technology Emerge in Healthcare & Biomedical Sector
  • Rising Prominence of Ultraminiature MEMS Sensors in Medical Industry
  • MEMS Enables Medical Innovations
  • Future Developments to Transform the MEMS Marketplace
  • Emerging MEMS Technologies and Applications to Transform the Future Outlook
  • Optical MEMS Technology Gains Momentum
  • High Growth Potential for MEMS Combo Sensors
  • Bio-MEMS: A High Potential Market
  • Role of BioMEMS Amidst the COVID-19 Pandemic
  • MEMS Biosensors and COVID-19 Pandemic
  • Advances in MEMS Technology to Propel Maritime Sector
  • Harnessing the Power of MEMS and Nanotechnology
  • Addressing the Production Issues in MEMS Industry




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Global Market for Micro-Electromechanical Systems (MEMS)

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