Mar 22, 2018   SOURCE: BusinessWire

Global Microelectromechanical Systems (MEMS) Market 2018-2022 - Market to Grow at a CAGR of 9.41% - ResearchAndMarkets.com

The "Global Microelectromechanical Systems (MEMS) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global microelectromechanical systems (MEMS) market to grow at a CAGR of 9.41% during the period 2018-2022.

Global Microelectromechanical Systems (MEMS) Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

According to the report, one driver in the market is reduction in the ASP. One of the major drivers for the growth of the global MEMS market is the declining ASP of different types of MEMS.

One trend in the market is adoption of sensor fusion. Sensor fusion is the combination of the sensory inputs derived from distinct sources to provide a highly accurate result, which cannot be provided by a single standalone sensor. To achieve sensor fusion, there is a need for extensive technical algorithms that can allow the integration of different sensors and obtain a single output. Kalman filtering is one of the main algorithms used.

Key vendors

  • Broadcom
  • Robert Bosch
  • STMicroelectronics
  • Texas Instruments

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation By Product

Part 08: Market Segmentation By Application

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/2cn6jx/global?w=4