Microelectromechanical Systems Industry Trends Technology and Dynamics Forecast To 2024
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<strong>Microelectromechanical</strong> <strong>Systems</strong> <strong>Industry</strong> <strong>Trends</strong> | <strong>Technology</strong><br />
<strong>and</strong> <strong>Dynamics</strong> | <strong>Forecast</strong> <strong>To</strong> <strong>2024</strong><br />
“Global <strong>Microelectromechanical</strong> <strong>Systems</strong> Market report includes in-depth<br />
analysis of industry by recent technologies, trends, opportunities, challenges,<br />
key players <strong>and</strong> business strategies considering types, segment <strong>and</strong> future<br />
outlook.”<br />
<strong>Microelectromechanical</strong> <strong>Systems</strong> (MEMS) consists of many Nano electro mechanical<br />
components embedded in semiconductor chips. It is made of micro circuits which consists of<br />
different sensors which are embedded <strong>and</strong> other components are placed upon. MEMS devices<br />
have application in various fields due to their higher efficiency rates <strong>and</strong> low costs. The Global<br />
MEMS market is expected to grow at a dynamic rate for the forecast period owing to growing<br />
applications in many sectors such as automotive, aerospace, consumer electronics, defence <strong>and</strong><br />
healthcare. Healthcare <strong>and</strong> consumer electronics are main driver of this industry. In various<br />
devices this technology is used as Sensor fusion.<br />
Sensor fusion is software that enables fusing of data from several different sensors to compute<br />
something which can’t be determined by single sensor alone. It enables motion tracking, context<br />
awareness <strong>and</strong> augmented reality. The solution enhances customer experience with portable<br />
devices. MEMS technology is used in mobile phone as sensors <strong>and</strong> micro phones. In healthcare<br />
industry it is used in hearing aid devices, pedometer <strong>and</strong> lab on chips devices. In automotive<br />
industry it is used in Crash sensing device, vehicle dynamic control, rollover detection <strong>and</strong><br />
antitheft system. MEMS devices are gyroscopes, acceleration sensors, ink jet heads, pressure<br />
sensors, radio frequency MEMS, silicon microphones <strong>and</strong> micro bolometers.<br />
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Major application areas include consumer, space/military, automotive, medicine <strong>and</strong><br />
telecommunication. A huge completion amongst the competitor is forcing them to reduce the<br />
prices, which is hampering the profit of the industry. Revenue from the market is less due to its<br />
competitive nature <strong>and</strong> is affecting the growth of the industry. <strong>Industry</strong> wise it can be<br />
segmented it is segmented as automotive, aerospace, consumer electronics, defence <strong>and</strong><br />
healthcare. Automotive industry uses the mems technology extensively. Passenger cars or<br />
commercial vehicles needs sensitive sensors <strong>and</strong> mems technology is cheaper, reliable <strong>and</strong><br />
effective. Pressure sensors are most widely used in automobile industry. Increase in dem<strong>and</strong> for<br />
automotive is a driver in MEMS technology. In Europe <strong>and</strong> America, the MESM technology based<br />
sensor is expected to grow.<br />
Consumer’s electronics segment also uses MEMS technology. A washing machine or a mobile<br />
device uses various sensors which are supported by MEMS technology. This technology has a<br />
huge application in harvesting renewable energy. In solar energy harvesting this technology is<br />
used to absorb energy <strong>and</strong> convert it in usable form. Hence MEMS has a huge potential market.<br />
Market of MEMS is divided into Oscillators Pressure Sensors, Accelerometers, Microphones,<br />
Gyroscopes, <strong>and</strong> Radio Frequency MEMS. <strong>Microelectromechanical</strong> <strong>Systems</strong> market is<br />
segmented on 5 regions North America, Europe, Asia-Pacific, Latin America <strong>and</strong> MEA. North<br />
America regional market includes the U.S. <strong>and</strong> Canada. Europe regional market includes<br />
European Union, CIS <strong>and</strong> other non-member states. Asia Pacific regional market includes Japan,<br />
China, India, Taiwan, Korea, <strong>and</strong> Australia.<br />
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Latin America mainly includes Brazil, Mexico, <strong>and</strong> other South American countries. MEA<br />
comprises Middle East <strong>and</strong> African countries. North America is the largest market for MEMS but<br />
Asia Pacific region is expected to grow at a tremendous rate. North America is the largest market<br />
for MEMS used in medical devices. Asia pacific has observed an increment in the medical<br />
requirement assistance hence it is a potential market expected to have a drastic growth rate in<br />
near future.<br />
Key players in Micro-electro-mechanical system industry are include Robert Bosch, Texas<br />
Instruments, Knowles electronics, InvenSense, AKM, Honeywell, Canon, Panasonics, Hewlett<br />
Packard, Denso, Avago Technologies, Seneata, Analog Devices Inc., Lexmark, Autoliv, Inc., Aptina<br />
Imaging Corporation, CASCO, Bourns, Inc., Corrsys-Datron Sensorsysteme GmbH, Continental
AG, Custom Sensors & Technologies, CTS Corporation, Inc., Kavlico Corporation, BEI Sensors,<br />
Denso Corporation, Delphi Corporation, Freescale Semiconductor Inc.,, ELESYS North America,<br />
Inc., Hamamatsu Photonics KK, General Electric Company, Hella KGaA Hueck & Co., Hamlin<br />
Electronics, Infineon Technologies AG., Kistler Group, Melexis Microelectronic Integrated<br />
<strong>Systems</strong>, Hitachi Automotive <strong>Systems</strong>, Micralyne, Inc., NXP Semiconductors N.V., NGK Spark<br />
Plugs USA, Inc., Inc., Omron Corporation, Novotechnik U.S., OSRAM Opto Semiconductors ,<br />
Sensata Technologies, SSI Technologies, Inc., Valeo S.A, TRW Automotive Holdings Corp. <strong>and</strong> TT<br />
electronics plc. InvenSence Inc. technology has developed fabrication platform which enables<br />
integration of st<strong>and</strong>ard MEMS with CMOS in a small <strong>and</strong> cost effective water level solution.<br />
The latest technology development in MEMS is the INS380SA, is a complete inertial navigation<br />
system consists of built-in 48-channel GPS receiver. Smart Sensing technology enables a turnkey<br />
system with better than 0.01 m/s velocity measurement accuracy. The integrated 3-axis<br />
magnetometer allows for accurate operation when the GPS signal is lost or when the vehicle<br />
comes to a stop. Car-Ele Japan is a new technology launched by Bosch in 2016. It is a MEMS<br />
sensor used in light electric vehicles such as e-Scooters <strong>and</strong> e-Bikes.<br />
Application Outlook (Revenue, USD Million; 2014 - <strong>2024</strong>)<br />
• Automotive<br />
• Consumer Electronics<br />
• Industrial<br />
• Healthcare<br />
• Others<br />
Regional Outlook (Revenue, USD Million; 2014 - <strong>2024</strong>)<br />
• North America<br />
• U.S.<br />
• Canada<br />
• Europe<br />
• UK<br />
• Germany<br />
• Asia Pacific<br />
• China<br />
• Japan<br />
• India<br />
• Latin America<br />
• Brazil
• Mexico<br />
• Middle East & Africa (MEA)<br />
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https://www.millioninsights.com/industry/sensors<br />
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