The Latest Mems Industry Statistics Explained
Global MEMS market size was valued at USD 10.89 billion in 2016,
The statistic indicates that the total market size for micro-electromechanical systems (MEMS) worldwide was estimated to be approximately $10.89 billion in the year 2016. This figure represents the total value of sales of MEMS devices and components within that year. MEMS technology involves the integration of mechanical elements, sensors, actuators, and electronics on a single silicon chip, enabling miniaturization and enhanced performance in various applications such as consumer electronics, automotive, healthcare, and industrial sectors. The market size serves as a key indicator of the growing adoption and demand for MEMS technology across different industries, reflecting the significance of MEMS devices in driving innovation and technological advancements globally.
The global MEMS market is predicted to reach USD 48.7 billion by 2027,
The statistic that “The global MEMS market is predicted to reach USD 48.7 billion by 2027” indicates a projected growth and expansion of the Microelectromechanical Systems (MEMS) market over the next few years. MEMS technology involves the integration of mechanical elements, sensors, actuators, and electronics on a single semiconductor chip, allowing for the miniaturization of devices with improved functionality. The projected value of USD 48.7 billion suggests a significant increase in demand for MEMS devices across various industries such as automotive, consumer electronics, healthcare, and telecommunications. This growth potential may be attributed to factors such as advancements in IoT (Internet of Things) technology, the increasing adoption of smart devices, and the rising demand for sensors in various applications.
North America held 35.6% of the Micro-Electro-Mechanical Systems (MEMS) global share in 2020,
In 2020, North America held 35.6% of the global share of Micro-Electro-Mechanical Systems (MEMS), indicating its significant presence in the MEMS industry on a global scale. This statistic suggests that North America is a key player in the development, manufacturing, and utilization of MEMS technology. The strong market share held by North America highlights the region’s leadership in innovation, research, and commercialization of MEMS devices, which are integral to a wide range of industries such as automotive, healthcare, consumer electronics, and telecommunications. This statistic underscores North America’s importance in driving advancements and growth within the MEMS market worldwide.
The global market for pressure sensors comprised some 30 percent of all MEMS sensor shipments in 2020,
This statistic indicates that pressure sensors accounted for a significant portion, specifically 30 percent, of all shipments of micro-electromechanical systems (MEMS) sensors in the global market in 2020. MEMS sensors are miniaturized devices that integrate mechanical and electrical components on a single microchip, enabling various sensing functionalities. The high representation of pressure sensors within the overall MEMS sensor shipments suggests a strong demand for these sensors in various industries and applications. Pressure sensors are commonly used in sectors such as automotive, industrial, healthcare, and consumer electronics to measure and monitor pressure changes in different environments. This statistic highlights the importance and widespread adoption of pressure sensors in the technological landscape for 2020.
In 2020, approximately 79% of global MEMS sensor shipments were for consumer electronics,
The statistic that approximately 79% of global MEMS sensor shipments in 2020 were for consumer electronics indicates that a majority of these micro-electromechanical systems sensors were used in devices such as smartphones, wearables, and smart home appliances. This high percentage suggests that consumer electronics manufacturers heavily rely on MEMS sensors to incorporate functions like motion sensing, environmental monitoring, and touch interfaces into their products. As consumer demand for more advanced and feature-rich electronics continues to grow, the importance of MEMS sensors in enabling these capabilities is underscored by the significant portion of shipments allocated to the consumer electronics sector.
The MEMS sensor market size for automotive is projected to reach 6.4 billion USD by 2025,
The statistic indicates that the market size for Micro-Electro-Mechanical Systems (MEMS) sensors in the automotive industry is anticipated to grow to 6.4 billion USD by the year 2025. This projection suggests a significant increase in demand for MEMS sensors within the automotive sector, likely driven by advancements in technology, increasing emphasis on vehicle safety, and the adoption of autonomous driving features. The growing market size indicates potential opportunities for companies operating in the MEMS sensor industry to expand their manufacturing capabilities and product offerings to cater to the rising demand from automotive manufacturers.
The global MEMS Oscillators market size is expected to grow from USD 163 million in 2020 to USD 721 million by 2027,
The statistic indicates that the global market size for MEMS (Micro-Electro-Mechanical Systems) Oscillators is projected to increase significantly from $163 million in 2020 to $721 million by 2027. This implies a substantial growth trajectory for the MEMS Oscillators market over the specified time period. Such growth forecasts point towards an increasing adoption of MEMS Oscillators in various industries and applications, driven by factors such as technological advancements, rising demand for miniaturized components, and the growing need for high-performance timing devices. This trend highlights the expanding importance and relevance of MEMS Oscillators in the global market landscape, indicating potential opportunities for companies operating in this space to capitalize on the anticipated market growth.
Silicon-based MEMS are expected to account for 55% of the global MEMS market by materials in 2027,
The statistic indicates that silicon-based Micro-Electro-Mechanical Systems (MEMS) are projected to dominate the global MEMS market in terms of materials by 2027, comprising 55% of the total market share. This forecast suggests that silicon-based MEMS devices, which integrate mechanical and electrical components on a silicon substrate, will continue to be the preferred choice for a wide range of applications such as sensing, actuation, and signal processing. The dominance of silicon-based MEMS in the market can be attributed to factors such as their high-performance capabilities, cost-effectiveness, and scalability, making them a versatile and attractive option for various industries including automotive, healthcare, consumer electronics, and industrial manufacturing.
China holds the largest market share in APAC for MEMS – over 50% in 2020,
The statistic indicates that China dominated the market for Microelectromechanical Systems (MEMS) in the Asia-Pacific (APAC) region in 2020 by holding a market share exceeding 50%. This implies that more than half of the total market for MEMS devices in APAC was captured by Chinese companies or manufacturers. The significant market share held by China suggests that it is a key player in the MEMS industry, potentially outperforming other countries in terms of production, innovation, or market demand. This statistic highlights China’s strong position in the MEMS market within the APAC region, showcasing its influence and competitiveness in the industry.
The MEMS market in Europe was valued at 3.8 billion USD in 2019,
The statistic “The MEMS market in Europe was valued at 3.8 billion USD in 2019” represents the total market size for Micro-Electro-Mechanical Systems (MEMS) within the European region during the year 2019. MEMS technology involves the integration of mechanical elements, sensors, actuators, and electronics on a single silicon chip, enabling the miniaturization of devices such as sensors, accelerometers, and gyroscopes. The value of 3.8 billion USD indicates the monetary worth of all MEMS-related products and services sold and exchanged within Europe during that year, highlighting the significance and economic impact of MEMS technology in the region’s industries and markets. This figure serves as a crucial metric for evaluating the market growth, trends, and opportunities within the MEMS industry in Europe.
The MEMS Gyroscopes segment held the largest market share in the global MEMS market in 2019,
This statistic indicates that within the global MEMS (Micro-Electro-Mechanical Systems) market in 2019, the MEMS Gyroscopes segment accounted for the highest proportion of market sales compared to other segments within the industry, such as accelerometers, pressure sensors, microphones, and others. This suggests that MEMS Gyroscopes were the most popular and widely adopted product within the MEMS technology sector during that year, likely due to factors such as increased demand, technological advancements, pricing competitiveness, or superior performance compared to other MEMS products. The dominance of the MEMS Gyroscopes segment highlights its significant impact on the overall MEMS market landscape in 2019.
The consumer electronics sector is projected to be the largest sector in the MEMS industry, reaching approximately 15.8 billion USD by 2027,
This statistic indicates that within the Micro-Electro-Mechanical Systems (MEMS) industry, the consumer electronics sector is expected to emerge as the dominant sector by 2027. With a projected market size of approximately 15.8 billion USD, this sector is anticipated to lead in terms of revenue generation compared to other sectors within the MEMS industry. This growth is indicative of the increasing demand for MEMS devices in consumer electronics such as smartphones, wearables, and smart home devices. The projected market value highlights the significance of consumer electronics in driving the growth and development of MEMS technology, reflecting the trend towards greater integration of MEMS sensors and actuators in a wide range of electronic devices to enhance their functionality and performance.
The Bio-MEMS segment is projected to grow at a CAGR of 22.3% through 2025,
The statistic indicates that the Bio-MEMS (Microelectromechanical Systems for Biological applications) segment of the market is anticipated to experience substantial growth over the next few years. Specifically, it is expected to expand at a Compound Annual Growth Rate (CAGR) of 22.3% until the year 2025. This impressive growth rate suggests a strong upward trend in the adoption and utilization of Bio-MEMS technologies within the industry. Factors such as increasing research and development activities, technological advancements in biotechnology and medical devices, as well as the growing demand for miniaturized and implantable medical devices, are likely to be driving this significant growth projection. Overall, this statistic underscores the considerable market potential and opportunities that exist within the Bio-MEMS segment in the coming years.
In 2019, the medical sector held a share of 2.2% in the MEMS market,
The statistic indicates that in 2019, the medical sector accounted for 2.2% of the overall market for Microelectromechanical Systems (MEMS). MEMS are tiny devices that combine mechanical and electrical components on a single chip and are widely used in various industries, including healthcare. The fact that the medical sector held a 2.2% share suggests that it was a relatively small but growing player in the MEMS market at that time. This statistic implies that the medical industry was starting to adopt MEMS technology for applications such as medical sensors, drug delivery systems, and diagnostic devices, signaling potential future growth and innovation in this sector.
The industrial sector of the MEMS market is expected to register a CAGR of 10.3% from 2021 to 2026,
The statistic “The industrial sector of the MEMS market is expected to register a compound annual growth rate (CAGR) of 10.3% from 2021 to 2026” indicates the projected average annual growth rate of the industrial sector within the Micro-Electro-Mechanical Systems (MEMS) market over the specified period. This suggests that the industrial sector’s revenue, market size, or other relevant metrics are anticipated to grow at a steady pace of 10.3% per year during the next five years. A CAGR measure is typically used to provide a more accurate representation of growth rates over time, considering fluctuations from year to year, and the forecasted 10.3% CAGR implies positive and sustainable expansion in the industrial sector of the MEMS market through 2026.
In 2018, the in-depth sensing segment accounted for less than one-fourth of the MEMS market revenue,
In 2018, the in-depth sensing segment represented a relatively small portion of the overall revenue generated in the MEMS market, accounting for less than one-fourth of the total revenue. This statistic suggests that other segments within the MEMS market, such as motion sensing, environmental sensing, and optical sensing, likely played a more significant role in driving the market revenue during that period. The relatively lower contribution of the in-depth sensing segment could be attributed to various factors such as slower adoption rates, market saturation, or stronger competition from alternative sensing technologies. Understanding these market dynamics can provide valuable insights for businesses operating in the MEMS industry to make informed decisions and strategies for future growth.
The global MEMS microphone market will grow by USD 695.68 million during 2021-2025,
The statistic indicates that the global MEMS (Micro-Electro-Mechanical Systems) microphone market is projected to experience significant growth, with an estimated increase in market value of USD 695.68 million between 2021 and 2025. This growth is likely attributable to a combination of factors such as technological advancements, increasing demand for MEMS microphones in various applications such as smartphones, wearables, and IoT devices, as well as the growing trend towards miniaturization and energy efficiency. The forecasted growth suggests a promising outlook for the MEMS microphone industry, presenting potential opportunities for market players and stakeholders to capitalize on the expanding market landscape.
The Asia-Pacific region is expected to exhibit the highest CAGR of 12.1% during the forecast period 2020-2027 in the MEMS market,
This statistic indicates that the Asia-Pacific region is forecasted to have the highest Compound Annual Growth Rate (CAGR) of 12.1% in the MEMS (Micro-Electro-Mechanical Systems) market between 2020 and 2027. A high CAGR suggests a strong and steady growth trajectory for the MEMS market in this region over the specified period. Factors contributing to this growth could include increased adoption of MEMS technology in various industries, rising demand for MEMS devices such as sensors and actuators, technological advancements, and expanding manufacturing capabilities in the Asia-Pacific region. This statistic highlights the significant market opportunity and potential for growth in the MEMS industry within the Asia-Pacific region.
References
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