Micro-Electro-Mechanical System Market by Actuator Type (Inkjet Head, Microfluidics, Optical), Sensor Type (Environmental Sensor, Inertial, Microphone), Verticals - Global Forecast 2024-2030


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Micro-Electro-Mechanical System Market by Actuator Type (Inkjet Head, Microfluidics, Optical), Sensor Type (Environmental Sensor, Inertial, Microphone), Verticals - Global Forecast 2024-2030


The Micro-Electro-Mechanical System Market size was estimated at USD 13.15 billion in 2023 and expected to reach USD 14.12 billion in 2024, at a CAGR 7.95% to reach USD 22.48 billion by 2030.Micro-electro-mechanical systems (MEMS) are miniaturized mechanical and electromechanical elements increasingly fabricating sensors such as gyroscopes, digital compasses, accelerometers, pressure sensors, inertial modules, microphones, and humidity sensors. The micro-electro-mechanical system is widely used in automotive, consumer electronics, defense, aerospace, industrial, healthcare, and telecom applications. Rising demand for smart consumer electronics and the semiconductor industry's incorporation of the internet of things are expected to create further lucrative growth opportunities for the micro-electro-mechanical system (MEMS) market. Micro-electro-mechanical system (MEMS) is used in various laparoscopic devices, blood pressure devices, and others. Thus, the growth and expansion of the healthcare or pharmaceutical industry positively impact the growth of micro-electro-mechanical systems (MEMS). However, the lack of standardization in the fabrication process is estimated to be a major micro-electro-mechanical system (MEMS) market growth limitation. Volatility and fluctuations in the expenses of raw materials will also challenge the micro-electro-mechanical system (MEMS) market growth.

Regional Insights

The continuous increase in the consumer electronic industry and rapid deployment of wearables are anticipated to increase the scope of micro-electro-mechanical systems in Asia-Pacific. As per the International Trade Administration (ITA), Philippine consumer electronics spending from 2020-2024 is estimated to reach USD 8.1 billion, and spending in 2020 was around USD 6 billion. Similarly, as per the National Investment Promotion & Facilitation Agency, the exports of electronic goods in India from April to December 2022 recorded USD 16.67 billion compared to USD 10.99 billion during the same period last year, registering a growth of 51.56%. Countries such as Japan, India, China, Singapore, South Korea, and Taiwan are increasingly advancing their semiconductor industry and investing in MEMS development, benefiting the growth of the market in the Asia-Pacific. The introduction of advanced micro-electro-mechanical systems by native players is expected to expand the market scope in the Americas. For instance, in September 2022, Knowles Electronics LLC announced the availability of the true wireless stereo (TWS) named KN2 for the best music listening experience. The product features include Qualcomm QCC5144 BT SoC with aptX Adaptive and aptX codec for low-latency HD audio that is robust and has a low bit rate.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Micro-Electro-Mechanical System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Micro-Electro-Mechanical System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Micro-Electro-Mechanical System Market, highlighting leading vendors and their innovative profiles. These include ACEINNA, Inc., Acutronic Holding AG, ALTHEN GmbH, Amphenol Corporation, Analog Devices, Inc., Angst+Pfister Sensors & Power AG, ASC GmbH, Bronkhorst High-Tech B.V., Bruker Corporation, DJB Instruments (UK) Ltd., Dytran Instruments, Inc. by Spectris PLC, EMCORE Corporation, Epson Europe Electronics GmbH by Seiko Epson Corporation, ES Systems by Glamox AS, Essential Research, Inc., FormFactor, Inc., Genesys Aerosystems by Moog Inc., Hamamatsu Photonics K.K., Hewlett Packard Enterprise Development LP, Honeywell International Inc., Inertial Labs, Inc., Infineon Technologies AG, InfraTec GmbH, Innosys Inc., KIONIX, Inc., by ROHM Co., Ltd., Knowles Corporation by Dover Corporation, Kurt J. Lesker Company, Kyodo International, Inc., LioniX International B.V., Melexis NV by Xtrion N.V., Merit Medical Systems, Inc., Microfabrica Inc. by Technoprobe S.p.A., NevadaNanotech Systems, Inc., NXP Semiconductors N.V., Orbray Co., Ltd., Panasonic Corporation, Polytec GmbH, Qorvo Inc., Quartet Mechanics, Inc., Robert Bosch GmbH, Safran Colibrys SA, Silex Microsystems AB, Sinto S-Precision, Ltd., SkyWater Technology, Specialty Coating Systems Inc. by Kisco Ltd., STMicroelectronics International N.V., SÜSS MicroTec SE, TDK Corporation, TE Connectivity Ltd., Texas Instruments Incorporated, and VectorNav Technologies, LLC.

Market Segmentation & Coverage

This research report categorizes the Micro-Electro-Mechanical System Market to forecast the revenues and analyze trends in each of the following sub-markets:

Actuator Type

Inkjet Head

Microfluidics

Optical

Radio Frequency
Sensor Type

Environmental Sensor

Inertial

Microphone

Microspeaker

Optical Sensor

Pressure
Verticals

Aerospace & Defence

Automotive

Consumer Electronics

Healthcare

Industrial

Telecommunication
Region

Americas
Argentina
Brazil
Canada
Mexico
United States

California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Micro-Electro-Mechanical System Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Micro-Electro-Mechanical System Market?
3. What are the technology trends and regulatory frameworks in the Micro-Electro-Mechanical System Market?
4. What is the market share of the leading vendors in the Micro-Electro-Mechanical System Market?
5. Which modes and strategic moves are suitable for entering the Micro-Electro-Mechanical System Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Micro-Electro-Mechanical System Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising adoption of IoT technologies by manufacturing firms
5.1.1.2. Proliferation of micro-electro-mechanical system in consumer electronics and automotive industry
5.1.1.3. Rising demand for miniaturization of electronics devices
5.1.2. Restraints
5.1.2.1. High cost associated with R&D and fabrication of cleanroom setup
5.1.3. Opportunities
5.1.3.1. Technological advancement in sensor fusion technology
5.1.3.2. Integration of AI-powered technologies in micro-electro-mechanical system
5.1.4. Challenges
5.1.4.1. High complexity in manufacturing process of MEMS devices
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Micro-Electro-Mechanical System Market, by Actuator Type
6.1. Introduction
6.2. Inkjet Head
6.3. Microfluidics
6.4. Optical
6.5. Radio Frequency
7. Micro-Electro-Mechanical System Market, by Sensor Type
7.1. Introduction
7.2. Environmental Sensor
7.3. Inertial
7.4. Microphone
7.5. Microspeaker
7.6. Optical Sensor
7.7. Pressure
8. Micro-Electro-Mechanical System Market, by Verticals
8.1. Introduction
8.2. Aerospace & Defence
8.3. Automotive
8.4. Consumer Electronics
8.5. Healthcare
8.6. Industrial
8.7. Telecommunication
9. Americas Micro-Electro-Mechanical System Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Micro-Electro-Mechanical System Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Micro-Electro-Mechanical System Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Merger & Acquisition
12.3.1.1. Bosch acquires micro speaker specialist Arioso Systems
12.3.1.2. NextInput, Inc., a leader in MEMS-based sensing solutions, today announced it has been acquired by Qorvo, Inc. and will become the Sensor Fusion busin
12.3.2. Agreement, Collaboration, & Partnership
12.3.2.1. Envision Energy Leverages MEMS Sensor Technology by Analog Devices to Build Smarter and Safer Wind Turbines
12.3.2.2. Bosch partners to make a noise in MEMS micro speakers
12.3.3. New Product Launch & Enhancement
12.3.3.1. Menlo Micro Releases to Production a New High Performance, Fully Integrated, Configurable RF Switching Solution
12.3.3.2. The Engineer - Analog Devices’ MEMS Accelerometer Provides Ultralow Power for Healthcare and Industrial Applications
12.3.3.3. TDK launches 3 new SmartSound MEMS microphones
12.3.4. Investment & Funding
12.3.4.1. MEMS foundry Atomica raises $30 million
12.3.4.2. Bosch to invest a further €3 billion in chip manufacturing business
12.3.5. Award, Recognition, & Expansion
12.3.5.1. MEMS and IC foundry SilTerra to invest $150 million to increase fabrication capacity
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. ACEINNA, Inc.
13.1.2. Acutronic Holding AG
13.1.3. ALTHEN GmbH
13.1.4. Amphenol Corporation
13.1.5. Analog Devices, Inc.
13.1.6. Angst+Pfister Sensors & Power AG
13.1.7. ASC GmbH
13.1.8. Bronkhorst High-Tech B.V.
13.1.9. Bruker Corporation
13.1.10. DJB Instruments (UK) Ltd.
13.1.11. Dytran Instruments, Inc. by Spectris PLC
13.1.12. EMCORE Corporation
13.1.13. Epson Europe Electronics GmbH by Seiko Epson Corporation
13.1.14. ES Systems by Glamox AS
13.1.15. Essential Research, Inc.
13.1.16. FormFactor, Inc.
13.1.17. Genesys Aerosystems by Moog Inc.
13.1.18. Hamamatsu Photonics K.K.
13.1.19. Hewlett Packard Enterprise Development LP
13.1.20. Honeywell International Inc.
13.1.21. Inertial Labs, Inc.
13.1.22. Infineon Technologies AG
13.1.23. InfraTec GmbH
13.1.24. Innosys Inc.
13.1.25. KIONIX, Inc., by ROHM Co., Ltd.
13.1.26. Knowles Corporation by Dover Corporation
13.1.27. Kurt J. Lesker Company
13.1.28. Kyodo International, Inc.
13.1.29. LioniX International B.V.
13.1.30. Melexis NV by Xtrion N.V.
13.1.31. Merit Medical Systems, Inc.
13.1.32. Microfabrica Inc. by Technoprobe S.p.A.
13.1.33. NevadaNanotech Systems, Inc.
13.1.34. NXP Semiconductors N.V.
13.1.35. Orbray Co., Ltd.
13.1.36. Panasonic Corporation
13.1.37. Polytec GmbH
13.1.38. Qorvo Inc.
13.1.39. Quartet Mechanics, Inc.
13.1.40. Robert Bosch GmbH
13.1.41. Safran Colibrys SA
13.1.42. Silex Microsystems AB
13.1.43. Sinto S-Precision, Ltd.
13.1.44. SkyWater Technology
13.1.45. Specialty Coating Systems Inc. by Kisco Ltd.
13.1.46. STMicroelectronics International N.V.
13.1.47. SÜSS MicroTec SE
13.1.48. TDK Corporation
13.1.49. TE Connectivity Ltd.
13.1.50. Texas Instruments Incorporated
13.1.51. VectorNav Technologies, LLC
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET RESEARCH PROCESS
FIGURE 2. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, 2023 VS 2030
FIGURE 3. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET DYNAMICS
FIGURE 7. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY ACTUATOR TYPE, 2023 VS 2030 (%)
FIGURE 8. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY ACTUATOR TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY SENSOR TYPE, 2023 VS 2030 (%)
FIGURE 10. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY SENSOR TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY VERTICALS, 2023 VS 2030 (%)
FIGURE 12. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY VERTICALS, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. MICRO-ELECTRO-MECHANICAL SYSTEM MARKET SHARE, BY KEY PLAYER, 2023

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