May 25, 2021   SOURCE: BusinessWire

Global MEMS Market (2021 to 2026) - by Components, Devices and Applications in Industry Verticals - ResearchAndMarkets.com

The "Global MEMS Market by Components, Devices and Applications in Industry Verticals 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.

This report evaluates the MEMS marketplace including ecosystem, players, products, and services. The report analyzes MEMS components and enabled devices, products, and applications in industry verticals. The report provides detailed forecasts of MEMS by function, device, application, and industry vertical. Forecasts provided are global, regional, and by country for the period 2021 to 2026.

Companies Mentioned

  • ARM Holdings
  • Bosch
  • Cisco System Inc.
  • InvenSense
  • Knowles Electronics
  • MediaTek Inc.
  • Microchip Technology Inc.
  • Micron Technology Inc.
  • Qualcomm Atheros Inc.
  • Renesas Electronics Corporation
  • Samsung Developers
  • STMicroelectronics
  • Texas Instruments

Select Report Findings:

  • Microsensors will become a $8.36 billion global market by 2026
  • MEMS in healthcare and life science will reach $1.86 billion globally by 2026
  • MEMS enabled industrial IoT devices will be a $1.48 billion global market by 2026
  • MEMS enabled small wireless sensor networks will be $591 million global market by 2026
  • APAC is the largest region by overall MEMS revenue followed by North America and Europe

Microelectromechanical Systems (MEMS), represent miniaturized mechanical and electro-mechanical elements (devices and structures) that are created using various microfabrication techniques. One of the key areas for MEMS is sensors, particularly in certain emerging market opportunity areas such as virtual reality and many Internet of Things (IoT) use cases, devices and applications.

Sensors are used for detection of changes in the physical environment and/or logical relationship of one object to another(s) and/or the environment. Physical changes may include temperature, light, pressure, sound, and motion. Logical changes include the presence/absence of an electronically traceable entity, location, and/or activity. Within an IoT context, physical and logical changes are equally important, so MEMS/sensor systems will increasingly rely upon support from software.

The MEMS market is a fast-growing area within the electronics sector with certain high-growth sub-segments, such as industrial IoT, representing significantly higher growth. APAC will lead the global marketplace by revenue with 40% market share followed by North America with 30%. The other three regions of Europe, Latin America, and Middle East & Africa will hold 16%, 10%, and 4% of revenue respectively.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 MEMS Market Background

4 MEMS Industry Details

5 MEMS Market Dynamics

6 MEMS Company Analysis

7 MEMS Market Analysis and Forecasts 2021 - 2026

8 Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/wnf8op