MICROELECTROMECHANICAL SYSTEMS (MEMS) MARKET ANALYSIS

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.

• 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