Micro-Electro-Mechanical Systems (MEMS) Market Worth 18.88 Billion USD by 2022

PUNE, India, May 16, 2017 /PRNewswire/ --

According to the new market research report "Micro-Electro-Mechanical Systems (MEMS) Market by Sensor Type (Inertial, Pressure, Microphone, Environmental, and Optical), Actuator Type (Optical, Inkjet Head, Microfluidics, and RF), Vertical, and Geography - Global Forecast to 2022", published by MarketsandMarkets™, the market is expected to be valued at USD 18.88 Billion by 2022, growing at a CAGR of 9.8% between 2017 and 2022.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) 

Browse 65 market data Tables and 47 Figures spread through 172 Pages and in-depth TOC on "Micro-Electro-Mechanical Systems (MEMS) Market"

http://www.marketsandmarkets.com/Market-Reports/mems-market-13689179.html

Early buyers will receive 10% customization on this report.

The major factors driving this growth of this market include the growing demand for smart consumer electronics and wearable devices and introduction of efficient, economical, and compact MEMS technology.

Consumer electronics vertical is expected to hold the largest market share during the forecast period 

The MEMS market for consumer electronics is expected to hold the largest share between 2017 and 2022. This growth is attributed to the increasing usage of MEMS in electronics such as wearable devices; smartphones, tablets, and laptops; portable navigation devices; portable media players; digital cameras; and gaming consoles; as well as e-readers. Some of the most commonly used MEMS in consumer electronics include accelerometers, gyroscopes, magnetic compass, pressure sensor, temperature and humidity sensor, MEMS microphone, MEMS micro-mirror, bulk acoustic wave (BAW) filters and duplexers, and RF switches.

Inertial Sensor to hold the largest market share during the forecast period 

The MEMS market for the inertial sensor is expected to hold the largest share between 2017 and 2022. This growth is attributed to the increasing usage of inertial sensors, such as accelerometer, gyroscope, magnetometer, and inertial combo sensor in automotive applications such as electronic stability control (ESC), traction control system (TCS), and anti-lock braking system (ABS). Moreover, this growth is attributed to the high adoption in consumer and wearable applications for location-based services, gaming, built-in compass app providing screen orientation and for undoing actions by shaking the device.

Download PDF Brochure :http://www.marketsandmarkets.com/pdfdownload.asp?id=13689179

APAC is expected to hold the largest market share during the forecast period 

Asia Pacific (APAC) held the largest share in 2016 and is expected to dominate the MEMS market with the largest share between 2017 and 2022. APAC is a major market for consumer electronics, automotive and industrial verticals. Moreover, APAC has become a global focal point for large investments and business expansion opportunities.

Inquiry Before Buy @http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=13689179

The major players in the MEMS market include STMicroelectronics N.V. (Switzerland), Robert Bosch GmbH (Germany), Analog Devices, Inc. (US), NXP Semiconductors N.V. (Netherlands), Texas Instruments Inc. (US), Panasonic Corp. (Japan), TE Connectivity Corp. (Switzerland), Sensata Technologies Holding N.V. (Netherlands), Denso Corp. (Japan), Broadcom Ltd. (US), Honeywell International Inc. (US), Knowles Corp. (US), and Taiwan Semiconductor Manufacturing Co. Ltd. (Taiwan).

 Browse Related Reports 

MEMS Oscillator Market by Packaging Type (Surface-Mount Device Package and Chip-Scale Package), Band (MHz and kHz), General Circuitry (SPMO, TCMO, VCMO, FSMO, DCMO, and SSMO), Application, and Geography - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/mems-oscillator-market-225020975.html

Accelerometer and Gyroscope Market by Accelerometer Type (MEMS, Piezoelectric, and Piezoresistive), Gyroscope Type (MEMS, FOG, RLG, HRG, and DTG), Dimension (1, 2, and 3 Axis), Application (Low End and High End), and Geography - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/accelerometer-gyroscope-market-205126447.html

Subscribe Reports from Semiconductor Domain @http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets' flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.  

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel : +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit our Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets