Global Microelectromechanical Systems (MEMS) Market is to Reach $35 Billion by 2024 Says, Variant Market Researc h Global Microelectromechanical Systems (MEMS) Market is estimated to reach $35 billion by 2024; growing at a CAGR of 11.4% between 2016 and 2024. MEMS also known as micromechanics or micro systems technology; is the technology of microscopic device that has both electrical and mechanical components. The dimensions can range from 20 micrometers to a millimeter. MEMS technology can create entirely new products such as less expensive, multiaxis inertial motion sensors, useful for smartphone based navigation and Digital Micromirror Devices (DMD) used for efficient, high speed and reliable spatial light modulation in industry, telecom, medical and others. MEMS can also be used in micro-mirror arrays for high definition project systems, sensor-driven heating and cooling systems, micronozzles to control the flow of ink in injects printers and among others. Browse
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Increasing growth in consumer and automotive application segment and consumers inclination towards enhanced features in their vehicle could support the growth of the market. Moreover, rising technological advancements which has resulted into the reduction in size of devices and growing popularity of wearable devices are also expected to drive the market. However, lack of
technical awareness and lack of standardization and accuracy may hinder the growth of the market. Furthermore, new innovations such as smart homes and smart health provide excellent opportunity for the market. Increased use in defense and medical also provide opportunity in the upcoming years. The MEMS market is segmented based on the product type, industry vertical and geography. Product type is further segmented into sensors (accelerometer, gyroscope, pressure sensor, inertial combos, microphone, magnetometer and others such as environment and optical sensor), actuators (injects systems, optical MEMS such as projection system, autofocus, micromirror and micro displays, oscillators & resonators, micro fluidic & bio-chip, RF MEMS and others which include PIR & thermopiles, microbolometers and digital compass).Industry vertical can further be segmented into consumer electronics, automotive, industrial, aerospace and defense, healthcare and telecommunication. Get Sample Copy of This Report @ http://bit.ly/2oCYi9J
By geography the MEMS market is segmented into North America, Europe, Asia-Pacific and rest of the world (Row). The U.S., Mexico and Canada are covered under North America wherein Europe covers France, Germany, United Kingdom, Spain and others. Asia-Pacific covers China, India, Japan, South Korea and others. Rest of the world (Row) covers South America, Middle East and Africa.
The key market players in MEMS market include Robert Bosch GmbH (Germany), STMicroelectronics (Switzerland), Texas Instruments Inc. (U.S.), Hewlett-Packard Company (U.S.), Knowles Electronics (U.S.), Canon Inc. (Japan), Denso Corporation (Japan), Panasonic Corporation (Japan), Avago Technologies (Singapore), InvenSense, Inc. (U.S.), Analog Devices, Inc. (U.S.) and Sensata Technologies, among others. Scope of Microelectromechanical Systems (MEMS) Market Product Type Segments •
Sensors o
Accelerometer
o
Gyroscope
o
Pressure sensor
o
Inertial combos
o
Microphone
o
Magnetometer
o
Others (Environment and Optical Sensor)
o
Actuators ▪
Inkjet systems
▪
Optical MEMS (Projection System, Autofocus, Micromirror, and Micro Displays)
▪
Oscillators and Resonators
▪
micro fluidic and bio-chip
▪
RF MEMS
▪
Others (PIR and Thermopiles, Microbolometers, and Digital compass)
Industry Vertical Segments •
Consumer Electronic
•
Automotive
•
Industrial
•
Aerospace and Defense
•
Healthcare
•
Telecommunication
Geographical Segments
•
•
•
•
North America o
US
o
Canada
o
Mexico
Europe o
Germany
o
France
o
United Kingdom
o
Spain
o
Others
Asia-Pacific o
China
o
India
o
Japan
o
South Korea
o
Others
RoW o
South America
o
Middle East
o
Africa
Table of Content Chapter 1. Prefix 1.1 Market Scope 1.2 Report Description 1.3 Research Methodology 1.3.1 Primary Research 1.3.2 Secondary Research 1.3.3 In-house Data Modeling Chapter 2. Executive Summary Chapter 3. Market Outline 3.1 Market Inclination, Trend, Outlook and Viewpoint 3.2 Market Share Analysis: Company’s Competitive Scenario 3.3 Value Chain Analysis 3.4 Market Dynamics 3.4.1 Drivers 3.4.1.1 Impact Analysis 3.4.2 Restraints 3.4.2.1 Impact Analysis
3.4.3 Opportunities 3.5 Porter’s five forces analysis 3.5.1 Factors Impact Analysis …. Chapter 7. Company Profiles 7.1 Robert Bosch GmbH (Germany) 7.2 Panasonic Corporation (Japan) 7.3 Canon Inc. (Japan) 7.4 Texas Instruments Inc. (U.S.) 7.5 Hewlett-Packard Company (U.S.) 7.6 Knowles Electronics (U.S.) 7.7 Denso Corporation (Japan) 7.8 InvenSense, Inc. (U.S.) 7.9 Analog Devices, Inc. (U.S.) 7.10 Seiko Epson Corporation (Japan).
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