Micro electromechanical system (MEMS) sensors offer several advantages, such as accuracy and reliability, in addition to the potential to make smaller electronic devices. As a result, they have gained significant traction in the past few years. Industrial automation and demand for miniaturized consumer devices, such as wearables and IoT-connected devices, among others, across regions, are among the major factors driving the MEMS sensors market. The automotive industry, which is presently undergoing technology transition focusing on increasing safety, comfort, and enter tainment, provides ample opportunities for the application of MEMS sensors. Emerging sensor-rich applications, such as autonomous vehicles, drones, and AR/VR equipment, are further accelerating the need for MEMS sensors. The miniature size of a MEMS sensor is driving its demand for design in the automotive industry, making it an essential factor for the massive adoption. MEMS sensors have been miniaturized, ranging from early 1 cm2 to sub-1 mm2, depending on the dimensional parameter. Such small devices are particularly preferred for vehicle applications and other IoT devices, due to their features, such as fast response, low power consumption, high sensitivity, and negligible payload. Leading as well as emerging electronic device manufacturers across the world, such as Siemens, Boeing, and Roche, among others, are leveraging the small size and small external packaging of MEMS sensors, to the enhance features in many end products.

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

5. MARKET DYNAMICS

6. MARKET SEGMENTATION

7. KEY VENDOR PROFILES

8. INVESTMENT ANALYSIS

9. FUTURE OUTLOOK OF THE MARKET