PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1784317
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1784317
The global MEMS market is projected to grow from USD 17.61 billion in 2025 to USD 21.99 billion by 2030, at a CAGR of 4.6%. One of the major factors driving the MEMS market is the increasing demand for advanced safety and automation features in the automotive industry.
Scope of the Report | |
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Years Considered for the Study | 2021-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Billion) |
Segments | By Sensor Type, Actuator Type, Vertical, and Region |
Regions covered | North America, Europe, APAC, RoW |
MEMS sensors such as accelerometers, gyroscopes, and pressure sensors are critical for airbag systems, tire pressure monitoring, electronic stability control, and advanced driver-assistance systems (ADAS). As vehicles become more connected and autonomous, the integration of MEMS components is accelerating. This trend is further supported by regulatory mandates for enhanced vehicle safety and efficiency.
"Consumer electronics to account for largest market share in 2030"
The consumer electronics segment is estimated to account for the largest share of the MEMS market, driven by the widespread adoption of smartphones, tablets, wearables, and smart home devices. MEMS sensors such as accelerometers, gyroscopes, microphones, and pressure sensors are integral to enhancing user experience through features like motion detection, voice recognition, and environmental sensing. The growing trend of miniaturization and multifunctionality in electronic devices is boosting MEMS integration. Additionally, rising global demand for connected and portable devices continues to fuel this segment's growth.
"Pressure sensors to capture second-largest share of MEMS market throughout forecast period"
Pressure sensors are expected to capture the second-largest share of the MEMS market throughout the forecast period, owing to their wide applicability across automotive, industrial, medical, and consumer electronics sectors. In automotive systems, they are essential for tire pressure monitoring, engine performance, and safety systems. In healthcare, they support applications like respiratory monitoring and infusion pumps. Their compact size, accuracy, and reliability make them ideal for integration into modern electronic systems. Continued advancements in IoT and smart devices are also driving demand for MEMS pressure sensors.
"China to account for largest share in Asia Pacific MEMS market in 2030"
China is currently dominating the MEMS market in Asia Pacific and is projected to maintain its position during the forecast period. The market in the country is driven by its strong electronics manufacturing base and rapid technological advancement. The country is a global leader in the production of smartphones, consumer electronics, and automotive systems, all key application areas for MEMS devices. Government initiatives supporting semiconductor self-sufficiency and smart manufacturing are further boosting local MEMS development. Additionally, China's growing adoption of IoT, 5G, and electric vehicles continues to fuel robust demand for MEMS components.
Note: RoW includes the Middle East, Africa, and South America. Other designations include product managers, sales managers, and marketing managers. The 3 tiers of the companies are defined based on their total revenue as of 2023; tier 1 = >USD 1 billion, tier 2 = USD 10 million - USD 1 billion, and tier 3 = <USD 10 million.
Robert Bosch GmbH (Germany), Broadcom (US), Qorvo, Inc. (US), STMicroelectronics (Switzerland), Texas Instruments Incorporated (US), Goertek (China), Hewlett Packard Enterprise Development LP (US), TDK Corporation (Japan), Infineon Technologies AG (Germany), Honeywell International Inc. (US), Analog Devices, Inc. (US), TE Connectivity (Switzerland), NXP Semiconductors (Netherlands), Panasonic Corporation (Japan), and Murata Manufacturing Co., Ltd. (Japan) are some key players in the MEMS market.
The study includes an in-depth competitive analysis of these key players in the MEMS market, with their company profiles, recent developments, and key market strategies.
This research report categorizes the MEMS market based on sensor type (inertial sensors, pressure sensors, microphones, microspeakers, environmental sensors, optical sensors, other), actuator type (optical, microfluidics, inkjet head, radio frequency), vertical (automotive, consumer electronics, defense, aerospace, industrial, healthcare, telecom), and region (North America, Europe, Asia Pacific and RoW). The report describes the major drivers, restraints, challenges, and opportunities pertaining to the MEMS market and forecasts the same till 2030. The report also consists of leadership mapping and analysis of all the companies included in the MEMS ecosystem.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants in this market by providing information on the closest approximations of the revenue numbers for the overall MEMS market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.