Global Micro-Electro-Mechanical Systems (MEMS) Market Growth (Status and Outlook) 2023-2029

Global Micro-Electro-Mechanical Systems (MEMS) Market Growth (Status and Outlook) 2023-2029

Micro-electromechanical system refers to those micro-electromechanical devices whose outline size is below the order of millimeter and whose components are controllable and movable at the order of micron.

LPI (LP Information)' newest research report, the “Micro-Electro-Mechanical Systems (MEMS) Industry Forecast” looks at past sales and reviews total world Micro-Electro-Mechanical Systems (MEMS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Micro-Electro-Mechanical Systems (MEMS) sales for 2023 through 2029. With Micro-Electro-Mechanical Systems (MEMS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Micro-Electro-Mechanical Systems (MEMS) industry.

This Insight Report provides a comprehensive analysis of the global Micro-Electro-Mechanical Systems (MEMS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Micro-Electro-Mechanical Systems (MEMS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Micro-Electro-Mechanical Systems (MEMS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Micro-Electro-Mechanical Systems (MEMS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Micro-Electro-Mechanical Systems (MEMS).

The global Micro-Electro-Mechanical Systems (MEMS) market size is projected to grow from US$ 43710 million in 2022 to US$ 64900 million in 2029; it is expected to grow at a CAGR of 5.8% from 2023 to 2029.

The MEMS market in APAC is expected to grow at the highest CAGR because APAC is a major market for consumer electronics, automotive, and industrial verticals.

This report presents a comprehensive overview, market shares, and growth opportunities of Micro-Electro-Mechanical Systems (MEMS) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Sensing MEMS
Bio MEMS
Optical MEMS
Radio Frequency MEMS

Segmentation by application
Consumer Electronics
Defense
Aerospace
Industry
Medical
Communication
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Robert Bosch
STMicroelectronics
Texas Instruments
Hewlett-Packard Company
Knowles Electronics
Canon Inc
Denso Corporation
Panasonic Corporation
Avago Technologies
Freescale Semiconductor
InvenSense
Analog Devices
Sensata Technologies
TriQuint Semiconductor
Seiko Epson Corporation

Please note: The report will take approximately 2 business days to prepare and deliver.