Global Automotive MEMS Sensors Market - By Type (MEMS Pressure Sensor, MEMS Inertial Sensor, MEMS Microphones), Application (Safety and Security, In Car Navigation, Air Conditioning and Ventilation, OIS Cameras, Electronic Control Unit, Electronic Stability Control), Geography, Trends, Forecast - (2017 - 2022)
The Global MEMS Sensors Market is valued at USD 2.88 billion in 2016 and is expected to reach a value of USD 4.34 billion by the end of 2022, growing at a projected CAGR of 6.04% during the forecast period of 2017 - 2022. The low cost & compact size, ecofriendly & bulk manufacturing capability, and energy efficient are the key drivers which are making the automotive mems sensors market to grow lucratively.
MEMS sensors are important components of the electronic systems used in the automobiles. The increasing need for safety and security for the automobiles applications has increased the demand for automotive MEMS sensors. The growth of the Automotive MEMS Sensors Market is currently being hindered by tough packaging & dearth of standardized fabrication process. The impact of automotive MEMS sensors is likely to be on electronic component manufacturers, automobile parts manufacturers, and end users. Governments of different countries are showing interest towards formulating the standards and regulations for the automotive MEMS sensor market. The growing technological propagation and amalgamation of automotive mems sensors products with a vast kind of applications such as safety & security, electronic control unit, electronic stability control and others are the major factors driving the growth of the automotive mems sensors market.
The Global Automotive Mems Sensors Market is segmented on the basis of Type (MEMS Pressure Sensors, MEMS Inertial Sensors, and MEMS Microphones), Application (Safety & Security, In-Car Navigation, Air Conditioning & Ventilation, OIS Cameras, Electronic Control Unit, Electronic Stability Control, and Others), and Geography (North America, Europe, Asia Pacific and Rest of the World).
This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies, geographical footprint, and competition analysis.
The report also considers key trends that will impact the industry and profiles over 10 leading suppliers of Automotive Mems Sensors Market. Some of the top companies mentioned in the report are InvenSense, Inc. (U.S.), Analog Devices, Inc. (U.S.), Robert Bosch GmbH (Germany), General Electric Company (U.S.), Panasonic Corporation (Japan), Infineon Technologies AG (Germany), Sensata Technologies, Inc. (U.S.), and Delphi Automotive PLC (U.K.) among others.
The factors driving the growth of the automotive MEMS sensors market are Compact in Size & Low in Cost, Eco-friendly & Bulk Manufacturing Capability, and Energy Efficient Capabilities.
Tough Packaging and Dearth of Standardized Fabrication Process are the major setbacks of the automotive MEMS sensors market.
WHAT THE REPORT OFFERS
Market Definition for the specified topic along with identification of key drivers and restraints for the market.
Market analysis for the Global Automotive Mems Sensors Market, with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
Identification and analysis of the Macro and Micro factors that affect the Automotive Mems Sensors Market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.