DUBLIN--(BUSINESS WIRE)--The "Micro-Electromechanical Systems (MEMS) Devices - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Micro-Electromechanical Systems (MEMS) Devices Market to Reach $113.8 Billion by 2027
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 record 10.4% CAGR and 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.
The U.S. Market is Estimated at $15.9 Billion, While China is Forecast to Grow at 13.1% CAGR
The Micro-Electromechanical Systems (MEMS) Devices market in the U.S. is estimated at US$15.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$24.2 Billion by the year 2027 trailing a CAGR of 13.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 8.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Analog Devices, Inc.
- Canon, Inc.
- Denso Corporation
- Hewlett-Packard Development Company LP
- InvenSense, Inc.
- Knowles Electronics, LLC.
- Panasonic Corporation
- Robert Bosch GmbH
- Sensata Technologies, Inc.
- STMicroelectronics NV
- Texas Instruments, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Micro-Electromechanical Systems (MEMS) Devices Competitor Market Share Scenario Worldwide (in %): 2019 & 2028
Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Micro-Electromechanical Systems (MEMS) Devices Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- Micro-Electromechanical Systems (MEMS) Devices Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
- Micro-Electromechanical Systems (MEMS) Devices Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
- Consumer Electronics (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
- Consumer Electronics (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
- Consumer Electronics (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- Automotive (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
- Automotive (End-Use) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019
- Automotive (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
- Industrial (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
- Industrial (End-Use) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019
- Industrial (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
- Healthcare (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
- Healthcare (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
- Healthcare (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
- Other End-Uses (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
- Other End-Uses (End-Use) Global Historic Analysis in US$ Million by Region/Country: 2012-2019
- Other End-Uses (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 33
For more information about this report visit https://www.researchandmarkets.com/r/7ocr9q
