Microelectromechanical Systems (MEMS) Market Outlook 2026 By Size, Share, Technology, Trends, Forecast
According to TechSci Research, Global Microelectromechanical Systems (MEMS) market is anticipated to witness rapid growth through 2026 as this technology is finding huge application in consumer electronic devices like tablets and smart phones. There is a growing demand for Microelectromechanical Systems (MEMS) from other sectors as well including automotive, industrial, and healthcare. Furthermore, launch of new automotive devices like accelerometers, gyroscope and pressure sensor are fueling the growth of global Microelectromechanical Systems (MEMS) market. Also, growing demand for motion sensors, microphones, and light sensors for IoT devices are supporting the growth of this market.
Microelectromechanical Systems (MEMS) is a technology which is used to create tiny integrated devices that combine mechanical and electrical components. This technology possesses the potential to revolutionize both industrial and consumer products by combining silicon-based microelectronics with micromachining technology. With shifting focus of electronics industry from traditional sensors to MEMS technology, the global Microelectromechanical Systems (MEMS) market is expected to undergo substantial growth during the forecast period.
Global Microelectromechanical Systems (MEMS) market can be segmented based on product type, material, application and region. Based on application, the market is segmented into consumer electronics, automotive, industrial, aerospace & defense, healthcare, telecommunication and others. Among them, the consumer electronics application expected to undergo fastest growth during the forecast period owing to growing application of microelectromechanical systems in electronics devices such as smartphones, tablets, and laptops.
Regionally, Asia Pacific serves as the largest market for Microelectromechanical Systems (MEMS) owing to thriving automotive and electronics sector in the region, For instance, increasing miniaturization and communication capabilities in automobiles sector in Japan is making the country a lucrative market for Microelectromechanical Systems (MEMS) companies.
Major companies operating in global Microelectromechanical Systems (MEMS) market include Panasonic Corporation, STMicroelectronics N.V., Texas Instruments, Analog Devices Inc., Broadcom, Denso Corporation, NXP Semiconductors, Knowles Corporation, Asahi Kasei Microdevices Corporation (AKM), Taiwan Semiconductor Manufacturing Co. Ltd., TE Connectivity Corp, Sensata Technologies, Inc., Honeywell International, Inc., Murata Manufacturing Company Ltd. and Robert Bosch GmbH, among others. Key growth strategies being undertaken by market leaders include partnerships and strategic investments.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Objective of the Study:
- To analyze and forecast the market size of global Microelectromechanical Systems (MEMS) market.
- To forecast global Microelectromechanical Systems (MEMS) market based on product type, material, application, company and regional distribution.
- To identify drivers and challenges for global Microelectromechanical Systems (MEMS) market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global Microelectromechanical Systems (MEMS) market.
- To identify and analyze the profile of leading players operating in the global Microelectromechanical Systems (MEMS) market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Microelectromechanical Systems (MEMS) companies across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies which could not be identified due to the limitations of secondary research.
TechSci Research calculated global Microelectromechanical Systems (MEMS) market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Microelectromechanical Systems (MEMS) manufacturers/companies/partners, suppliers/distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, industry associations, forums and alliances related to Microelectromechanical Systems (MEMS)
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Microelectromechanical Systems (MEMS) manufacturing companies, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global Microelectromechanical Systems (MEMS) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Microelectromechanical Systems (MEMS) Market, By Product Type:
- Sensors
- Inertial Sensor
- Accelerometers
- Magnetometers
- Gyroscope
- Combo Sensor
- Pressure Sensor
- Microphone
- Optical Sensor
- Actuators
- Optical
- Microfluidics
- Piezoelectric
- Others
- Global Microelectromechanical Systems (MEMS) Market, By Material:
- Silicon
- Polymers
- Metals
- Ceramics
- Global Microelectromechanical Systems (MEMS) Market, By Application:
- Consumer Electronics
- Automotive
- Industrial
- Aerospace & Defense
- Healthcare
- Telecommunication
- Others
- Global Microelectromechanical Systems (MEMS) Market, By Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global Microelectromechanical Systems (MEMS) market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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