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MICRO-ELECTROMECHANICAL SYSTEMS (MEMS) DEVICES

Global Market Trajectory & Analytics

MCP-1169

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  •  DATE

    JULY 2020

  •  TABLES

    216

  •  PAGES

    266

  •  EDITION

    19

  •  PRICE

    USD $5600

COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Micro-Electromechanical Systems (MEMS) Devices estimated at US$58.8 Billion in the year 2020, is projected to reach a revised size of US$113.8 Billion by 2027, growing at a CAGR of 9.9% over the period 2020-2027.Sensors, one of the segments analyzed in the report, is projected to grow at a 10.4% CAGR to reach US$73.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Actuators segment is readjusted to a revised 9.1% CAGR for the next 7-year period. This segment currently accounts for a 37.5% share of the global Micro-Electromechanical Systems (MEMS) Devices market.
The Micro-Electromechanical Systems (MEMS) Devices market in the U.S. is estimated at US$15.9 Billion in the year 2020. The country currently accounts for a 27.02% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$24.2 Billion in the year 2027 trailing a CAGR of 13.2% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 8.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR while Rest of European market (as defined in the study) will reach US$24.2 Billion by the year 2027.We bring years of research experience to this 19th edition of our report. The 266-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Analog Devices, Inc.; Canon, Inc.; Denso Corporation; Hewlett-Packard Development Company LP; InvenSense, Inc.; Knowles Electronics, LLC.; Panasonic Corporation; Robert Bosch GmbH; Sensata Technologies, Inc.; STMicroelectronics NV; Texas Instruments, Inc.
» Type (Sensors, Actuators) » Application (Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare, Telecommunication, Other Applications)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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