MICROELECTROMECHANICAL SYSTEMS (MEMS) MARKET ANALYSIS

Microelectromechanical Systems (MEMS) Market, By Type (Sensor (Gyroscopes, Accelerometers, Pressure Sensor, Inertial Combos, Microphones, Magnetometers, and Others), Actuator (Inkjet Systems, Optical MEMS, Oscillators & Resonators, Microfluidic & Biochip, RF MEMS, and Others)), By Application (Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare, and Telecommunication), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jan 2023
Code : CMI5460
Pages :172
Formats :
Excel and PDF
Industry : Semiconductors

Regional Analysis

Global Microelectromechanical systems (MEMS) Market: Regional Insights

The global microelectromechanical systems (MEMS) market is regionally segmented into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.

Asia Pacific is anticipated to witness substantial growth in the global microelectromechanical systems (MEMS) market over the forecast period. This growth can be attributed to large number of semiconductors manufacturing industries. Due to the strong presence of automotive components and consumer electronics industries in countries such as South Korea, Taiwan, and China, is driving the microelectromechanical systems technology in the region. Moreover, the low cost of raw materials and labor leading to reduced production cost is also driving growth of the market in the region.

Moreover, North America is also expected to account for major share in the global microelectromechanical systems (MEMS) market over the forecast period. This is due to increasing sales of microelectromechanical devices to cater growing demand from aerospace & defense and automotive industries in the region.

Geographies covered:

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC Countries, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Central Africa