GVR Report cover Microelectromechanical Systems Market Size, Share & Trends Report

Microelectromechanical Systems Market Size, Share & Trends Analysis Report By Application (Automotive, Consumer Electronics, Industrial, Healthcare), By Region (NA, Europe, APAC, MEA, LA), And Segment Forecasts, 2018 - 2024

  • Report ID: 978-1-68038-769-8
  • Number of Report Pages: 96
  • Format: PDF, Horizon Databook

Industry Insights

The global microelectromechanical systems (MEMS) market size was valued at USD 11.99 billion in 2015. Presently, growth prospects for the market seem very upbeat on account of increasing adoption of this technology in consumer electronic devices such as wearable devices, tablets, and smartphones. Other verticals such as automotive, industrial, and healthcare are also expected to spur industry growth as device manufacturers and suppliers are industrializing a series of new devices including accelerometers, gyroscope, pressure sensor, inertial sensors, and others.

MEMS industry is expected to gain a vital recognition as the electronics industry is shifting its focus from traditional sensors to MEMS technology. The explosive development of the Internet of things (IoT) is expected to drive the demand for MEMS devices in areas including smart grids, asset-tracking systems, and building automation.

Global MEMS market by application, 2014 - 2024 (USD Million)

Global MEMS market

Technological advancement such as sensor fusion is anticipated to drive industry growth over the next seven years. Growth in the use of MEMS led to the creation of supporting industries in the field of MEMS design services, design software, fabrication facilities, and specialty fabrication equipment.

Application Insights

Consumer electronics accounted for over 42% of the global revenue share in 2015 and is expected to continue being the dominant segment in terms of microelectromechanical systems market size by 2024. Growing popularity of connected lifestyles is creating a huge impact on the consumer electronics segment. Introduction of connected cars, smartwatches, connected homes, and others are offering new horizons in the growth of MEMS technology. Due to technological advancements and proliferation of IoT over the years, the cost of hardware is expected to reduce.

U.S. microelectromechanical systems market, by region, 2015 (USD Million)

U.S. MEMS market

Beyond the budding growth in consumer electronics, another sector that is expected to emerge rapidly is the automotive and healthcare. Increasing safety concerns and regularity requirements will assist in increasing the adoption of the MEMS sensor in the automotive sector. The advent of MEMS is expected to open new growth opportunities in healthcare applications owing to increasing demand for handheld medical devices.

Regional Insights

Being a lucrative industry for consumer electronics such as smartphones and laptops, the Asia Pacific MEMS market contributed to over 53% of the overall revenue in 2015. Japan is estimated to witness tremendous growth over the coming years owing to increasing miniaturization and communication capabilities in automobiles.

Increase in sales of tablets, smartphones, and other mobile devices is anticipated to drive demand for MEMS in China market. Various government initiatives have been taken in order to boost the demand for MEMS technology in emerging economies. For instance, in June 2014, the central government in China launched a national fund to finance the development of its local semiconductor industry.

Latin America is expected to witness significant growth over the forecast period owing to the continued globalization of the microelectronics industry and localization of manufacturing capabilities within growing electronics market.

Microelectromechanical Systems  Market Share Insights

Robert Bosch, STMicroelectronics, and Texas Instruments are some of the key companies in this domain. The players involved in the ecosystem are collectively striving to make MEMS part of more electronics and simplify its integration in various systems. Partnerships and strategic investments are anticipated to be the most effective way for semiconductor companies to gain quick access to emerging markets. In October 2014, MegaChips Corporation signed an agreement to acquire SiTime Corporation to accelerate the adoption of MEMS timing solutions by combining both companies’ innovation and strength

In October 2015, InvenSense expanded its MEMS products for safety and non-safety automotive applications by developing IAM-20680 gyroscope and accelerometer combination to provide noise and offset stability for motion detection performance for in-cabin solutions. In February 2015, Infineon Technologies developed an ultra-high resolution miniature pressure sensor for use in wearable gadgets, mobile, and IoT devices to enable the development of enhanced navigation, gesture recognition, and weather monitoring applications.



Base year for estimation


Actual estimates/Historical data

2014 - 2015

Forecast period

2016 - 2024

Market representation

Revenue in USD Million & CAGR from 2016 to 2024

Regional scope

North America, Europe, Asia Pacific, Latin America, and MEA

Country scope

The U.S., Canada, The U.K., Germany, India, Japan, China, Brazil, and Mexico

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors and trends

15%  free customization scope (equivalent to 5 analyst working days)

If you need specific market information that is not currently within the scope of the report, we will provide it to you as a part of the customization

Segments Covered in the Report

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2015 to 2024. For the purpose of this study, Grand View Research has segmented the global microelectromechanical systems market on the basis of application and region:

  • Application Outlook (Revenue, USD Million; 2014 - 2024)

    • Automotive

    • Consumer Electronics

    • Industrial

    • Healthcare

    • Others

  • Regional Outlook (Revenue, USD Million; 2014 - 2024)

    • North America

      • The U.S.

      • Canada

    • Europe

      • The U.K.

      • Germany

    • Asia Pacific

      • China

      • Japan

      • India

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa (MEA)

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