Microelectromechanical Systems Market is expected to grow at a dynamic rate for the forecast period owing to growing applications in many sectors such as automotive, aerospace, consumer electronics, defence and healthcare. Healthcare and consumer electronics are main driver of this industry. Microelectromechanical Systems (MEMS) consists of many Nano electro mechanical components embedded in semiconductor chips. It is made of micro circuits which consists of different sensors which are embedded and other components are placed upon. MEMS devices have application in various fields due to their higher efficiency rates and low costs.
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Market Synopsis of Microelectromechanical Systems Market:
In various devices this
technology is used as Sensor fusion. Sensor fusion is software that enables
fusing of data from several different sensors to compute something which can’t
be determined by single sensor alone. It enables motion tracking, context
awareness and augmented reality. The solution enhances customer experience with
portable devices. MEMS technology is used in mobile phone as sensors and micro
phones. In healthcare industry it is used in hearing aid devices, pedometer and
lab on chips devices. In automotive industry it is used in Crash sensing
device, vehicle dynamic control, rollover detection and antitheft system.
MEMS devices are gyroscopes,
acceleration sensors, ink jet heads, pressure sensors, radio frequency MEMS,
silicon microphones and micro bolometers. Major application areas include
consumer, space/military, automotive, medicine and telecommunication. A huge
completion amongst the competitor is forcing them to reduce the prices, which
is hampering the profit of the industry. Revenue from the market is less due to
its competitive nature and is affecting the growth of the industry. Industry
wise it can be segmented it is segmented as automotive, aerospace, consumer
electronics, defence and healthcare. Automotive industry uses the mems
technology extensively. Passenger cars or commercial vehicles needs sensitive
sensors and mems technology is cheaper, reliable and effective. Pressure
sensors are most widely used in automobile industry. Increase in demand for
automotive is a driver in MEMS technology. In Europe and America, the MESM
technology based sensor is expected to grow.
Consumer’s electronics segment
also uses MEMS technology. A washing machine or a mobile device uses various
sensors which are supported by MEMS technology. This technology has a huge
application in harvesting renewable energy. In solar energy harvesting this
technology is used to absorb energy and convert it in usable form. Hence MEMS
has a huge potential market. Market of MEMS is divided into Oscillators
Pressure Sensors, Accelerometers, Microphones, Gyroscopes, and Radio Frequency
MEMS. Microelectromechanical Systems market is segmented on 5 regions North
America, Europe, Asia-Pacific, Latin America and MEA.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Microelectromechanical
Systems: Market Variables, Trends & Scope
Chapter 4 Microelectromechanical
Systems: Product Estimates & Trend Analysis
Chapter 5 Microelectromechanical
Systems: Application Estimates & Trend Analysis
Chapter 6 Microelectromechanical
Systems: End-use Estimates & Trend Analysis
Chapter 7 Microelectromechanical
Systems: Industrial End-use Estimates & Trend Analysis
Chapter 8 Microelectromechanical
Systems: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Microelectromechanical
Systems: Manufacturers Company Profiles
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