Consumer electronics is expected to remain the largest segment in the global MEMS market


Posted September 19, 2022 by Lucintel

An exciting new study from the team of Lucintel found that MEMS market is expected to reach $19 billion by 2027 with a CAGR of 6.0%.

 
An exciting new study from the team of Lucintel found that MEMS market is expected to reach $19 billion by 2027 with a CAGR of 6.0%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The MEMS market is segmented based on type, end use industry, and region. In this market, consumer electronics is expected to remain the largest end use, and sensor segment is expected to remain the largest type. Players can benefit from the available opportunities like the presence of emerging economies, like China and India, along with increasing growth of the automobile and consumer electronics segments.
Broadcom, Robert Bosch, STMicroelectronics, Texas Instruments, and Qorvo are some of the major players profiled in this 205 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the MEMS market by type (sensor and actuator), end use (automotive, consumer electronics, defense, industrial, medical, telecommunication, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the MEMS market?
Q.4 What are some changing demands of customers in the MEMS market?
Q.5 What are the new developments in the MEMS market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this MEMS area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this MEMS market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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Tags mems market
Last Updated September 19, 2022