All updated as on -
The growing demand for MEMS in various industries, such as the electronics industry, automotive, manufacturing, and healthcare, is propelling the MEMS market. In addition, the expanding use of radio-frequency MEMS systems, the rising need for Internet of Things (IoT) devices, and the rising demands for consumer electronics are impinging on the market.
Compact interconnected systems or devices that combine mechanical and electrical components are created using a sort of manufacturing method known as micro-electromechanical systems (MEMS). They can have a size of a few micrometres to millimetres and are produced using batch processing integrated circuit (IC) methods. These systems or technologies have the capacity to monitor, manage, and take action on the micro-scale while also having an effect on a wider scale. In its most basic form, MEMS comprises of mechanical microstructures installed on the same silicon substrate as microsensors, microactuators, and microelectronics.
Driving Factors
MEMS-based switches are anticipated to displace current goods and find application in developing industries like smartphones and consumer electronics devices. The electromechanical relay (EMR), which is slow, bulky, consumes more electrical power, and has a short operational lifespan, is projected to be replaced by the radio frequency MEMS. Additionally, the network structure will need to be substantially denser than the 4G LTE network technology in order to achieve the performance goals set for 5G. RF MEMS semiconductors can offer half the loss during insertion via the phase shifter at sub-6 GHz 5G frequencies in compared to Silicon-on-Insulator (SOI) technology. Due to the numerous advantages RF MEMS technology provides over current market technologies, its adoption is rising quickly across numerous industries.
Restraining Factors
The incorporation of sensors into devices, which incurs additional costs and shortens device life, as well as the absence of a standardised manufacturing process for microelectromechanical devices are restricting market growth, nevertheless. This factor is expected to restrict the growth of the MEMS industry. In addition, the microelectromechanical system's high manufacturing and test-related expenses represent a substantial roadblock to market expansion. The demand for novel MEMS components is anticipated to be stymied in the near future by the high cost of research and development projects.
Report Coverage
Global MEMS research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global MEMS report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and MEMS competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key MEMS market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global MEMS market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, MEMS market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Analog Devices, TE Connectivity, Robert Bosch, Texas Instruments, Qorvo Inc., TDK Corporation, Hewlett-Packard Co., Lucent Technologies, Inc. , NXP Semiconductors, Panasonic Corp., Knowles Corp. LLC, Murata Manufacturing Co., Ltd., DENSO CORPORATION, STMicroelectronics, Honeywell International, HP Development Company
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global MEMS market based on the below-mentioned segments:
Global MEMS Market, By Sensor Type
Global MEMS market, By Actuator Type
Global MEMS Market, By End User
Global MEMS market, Regional Analysis
Compact interconnected systems or devices that combine mechanical and electrical components are created using a sort of manufacturing method known as micro-electromechanical systems (MEMS). They can have a size of a few micrometres to millimetres and are produced using batch processing integrated circuit (IC) methods. These systems or technologies have the capacity to monitor, manage, and take action on the micro-scale while also having an effect on a wider scale. In its most basic form, MEMS comprises of mechanical microstructures installed on the same silicon substrate as microsensors, microactuators, and microelectronics.
Driving Factors
MEMS-based switches are anticipated to displace current goods and find application in developing industries like smartphones and consumer electronics devices. The electromechanical relay (EMR), which is slow, bulky, consumes more electrical power, and has a short operational lifespan, is projected to be replaced by the radio frequency MEMS. Additionally, the network structure will need to be substantially denser than the 4G LTE network technology in order to achieve the performance goals set for 5G. RF MEMS semiconductors can offer half the loss during insertion via the phase shifter at sub-6 GHz 5G frequencies in compared to Silicon-on-Insulator (SOI) technology. Due to the numerous advantages RF MEMS technology provides over current market technologies, its adoption is rising quickly across numerous industries.
Restraining Factors
The incorporation of sensors into devices, which incurs additional costs and shortens device life, as well as the absence of a standardised manufacturing process for microelectromechanical devices are restricting market growth, nevertheless. This factor is expected to restrict the growth of the MEMS industry. In addition, the microelectromechanical system's high manufacturing and test-related expenses represent a substantial roadblock to market expansion. The demand for novel MEMS components is anticipated to be stymied in the near future by the high cost of research and development projects.
Report Coverage
Global MEMS research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global MEMS report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and MEMS competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key MEMS market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Analog Devices, TE Connectivity, Robert Bosch, Texas Instruments, Qorvo Inc., TDK Corporation, Hewlett-Packard Co., Lucent Technologies, Inc. , NXP Semiconductors, Panasonic Corp., Knowles Corp. LLC, Murata Manufacturing Co., Ltd., DENSO CORPORATION, STMicroelectronics, Honeywell International, HP Development Company |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of MEMS Market from 2021 to 2030.
- Market Forecast for MEMS Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, MEMS competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on MEMS
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global MEMS market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, MEMS market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Analog Devices, TE Connectivity, Robert Bosch, Texas Instruments, Qorvo Inc., TDK Corporation, Hewlett-Packard Co., Lucent Technologies, Inc. , NXP Semiconductors, Panasonic Corp., Knowles Corp. LLC, Murata Manufacturing Co., Ltd., DENSO CORPORATION, STMicroelectronics, Honeywell International, HP Development Company
Primary Target Market
- Market Players of MEMS
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global MEMS market based on the below-mentioned segments:
Global MEMS Market, By Sensor Type
- Inertial Sensors
- Pressure Sensors
- Gyroscope
- Gas Sensors
- Environmental Sensors
Global MEMS market, By Actuator Type
- Optical MEMS
- Microfluidic & Biochip
- Inkjet Systems
- RF MEMS
- Others
Global MEMS Market, By End User
- Automotive
- Consumer Electronics
- Defense
- Others
Global MEMS market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive mems market market research and competitor analysis for your business to help you develop more profound insights into the mems market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the mems market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.