PUBLISHER: BCC Research | PRODUCT CODE: 1350748
PUBLISHER: BCC Research | PRODUCT CODE: 1350748
The global microelectromechanical systems (MEMS) technology market should reach $41.5 billion by 2028 from $28.5 billion in 2023 at a compound annual growth rate (CAGR) of 7.8% for the forecast period of 2023 to 2028.
North American MEMS technology market is expected to grow from $9.0 billion in 2023 to $13.2 billion in 2028 at a CAGR of 7.9% for the forecast period of 2023 to 2028.
Asia-Pacific MEMS technology market is expected to grow from $11.0 billion in 2023 to $16.7 billion in 2028 at a CAGR of 8.7% for the forecast period of 2023 to 2028.
In this report, the MEMS market was segmented by device type, application and region. The report provides an overview of the global MEMS market and analyzes market trends. Using 2022 as the base year, the report provides estimated market data for the forecast period, 2023 through 2028.
Revenue forecasts for this period are segmented into -
This report was prepared in a simple, easy-to-understand format, with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for MEMS, with reasons given for variations in the growth of the industry in certain regions. The report examines each component of MEMS technology, determines current market size and estimates its future market. The report also analyzes the market from the manufacturers' viewpoint, as well as that of the final consumer. A number of technical issues arising from MEMS technologies are discussed and solutions are indicated.
Figure A : Research Methodology, Global Market, MEMS