Micro-Electro-Mechanical Systems (MEMs) Sensors: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024

$4300 - Single Copy or $8600 - Web Posting | Report # SH27291424 | 312 Pages | 135 Tables and Figures | 2017
  • Key Topics
  • MEMs Sensors
  • Micro-electro-mechanical systems
  • Digital economy
  • IoT
  • Internet of Things
  • Digital monitoring
  • Digital triggering activation
  • Smart devices
  • Smart cities
  • Smart drones
  • Smart agriculture
  • Self-driving cars

LEXINGTON, Massachusetts (December 7, 2017) – WinterGreen Research announces that it has published a new study MEMs Sensors: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2024.  The 2018 study has 312 pages, 135 tables and figures.  The leading vendors in the MEMs sensor have invested in high-quality technology and processes to develop leading edge monitoring and digital triggering activation capability.  
Figure 1. MEMs Sensors Market Driving Forces
MEMS market is ripe for consolidation
25 participants with measurable market share
Huge growth coming from the digital economy
Digital ecosystem depends on sensors
Driven by IoT
Driven by self-driving cars
Driven by artificial intelligence
Driven by robots
Driven by augmented reality
Driven by drones
Driven by interoperability
Freedom to move workloads anywhere in the cloud ecosystem 
Source:  WinterGreen Research, Inc.
Micro-electro-mechanical systems (MEMS) technology is used in the fabrication of inertial sensors, and particularly accelerometers.  MEMS accelerometers are used in diverse markets that implement the digital economy.  The reason for their success is low price, small size, high reliability, and low power consumption. 
MEMS accelerometers are replacing traditional electro-mechanical accelerometers because they offer tactical grade performance. They provide the functionality required to measure motion in three-dimensional space.  Digital signal processors calibrates the sensors during runtime.  They intelligently convert raw sensor data from multiple sensors.  The output from MEMs sensors creates application-specific data.
The total value of the MEMs sensor market is $12.5 billion in 2017, up from $10.35 billion in 2016.  Markets grow to $58.7 billion in 2024.  Growth is a result of the implementation of the digital economy, IoT, robots, drones, self-driving cars, and artificial intelligence.  The digital economy rides on the back of MEMs sensors.  This is the new world aspect, everything is monitored and activated digitally. 
MEMs organic volume growth has been relatively slow as existing motion sensor and traditional end-product markets achieve market saturation.   There are new and growing opportunities, including the newer IoT applications that are in the early adopter phase.  IoT sensors have yet to gain significant market traction but they will, once units are proven in real life situations of the digital economy, self-driving cars, drones, traffic lights, and smart things. 
According to Susan Eustis, leader of the team that prepared the research, “MEMS suppliers have a focus on sensor improvement.  Power and performance are being improved.”  
“Everything will be connected,” said SoftBank Chief Executive Masayoshi Son, announcing a ARM processor deal in London. “Cows will be connected, chickens will be connected, the sheep will be connected.”
As a significant market does take root, MEMs sensors face the challenge of generating profit above costs.  The companies keep prices low to buy customers and spur demand.  MEMs vendors seek to be in businesses where there are millions and billions of units.
WinterGreen Research is an independent research organization funded by the sale of market research studies all over the world and by the implementation of ROI models that are used to calculate the total cost of ownership of equipment, services, and software.  The company has 35 distributors worldwide, including Global Information Info Shop, Market Research.com, Research and Markets, electronics.ca, and Thompson Financial.  WinterGreen Research is positioned to help customers facing challenges that define the modern enterprises. 
The increasingly global nature of science, technology and engineering is a reflection of the implementation of the globally integrated enterprise.  Customers trust wintergreen research to work alongside them to ensure the success of the participation in a particular market segment.
WinterGreen Research supports various market segment programs; provides trusted technical services to the marketing departments.  It carries out accurate market share and forecast analysis services for a range of commercial and government customers globally.  These are all vital market research support solutions requiring trust and integrity.
Companies Profiled
Market Leaders
  • Bosch
  • Broadcom
  • Texas Instruments
  • STMicroelectronics
  • Qorvo
  • Hewlett Packard
  • Knowles Electronics
  • Denso
  • TDK / InvenSense
  • Qualcom
  • Panasonic
Market Participants
  • Block Engineering
  • Cymbet
  • Infineon
  • JonDeTech
  • NaugaNeedles
  • Rogue Valley Microdevices
  • Senseair Test & Measurement Carbon Dioxide Sensors
  • Softbank
  • Structured Materials Industries
  • Taiwan Semiconductor
  • Thorlabs
  • Vectornav

Report Methodology

This is the 729th report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary databases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in-depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.

About the Company

WinterGreen Research, founded in 1985, provides strategic market assessments in telecommunications, communications equipment, health care, and advanced computer technology. Industry reports focus on opportunities that will expand existing markets or develop major new markets. The reports assess new product and service positioning strategies, new and evolving technologies, and technological impact on products, services, and markets. Market shares are provided. Leading market participants are profiled, and their marketing strategies, acquisitions, and strategic alliances are discussed. The principals of WinterGreen Research have been involved in analysis and forecasting of international business opportunities in telecommunications and advanced computer technology markets for over 30 years.

About the Principal Author

Susan Eustis, President, co-founder of WinterGreen Research, has done research in communications and computer markets and applications. She holds several patents in microcomputing and parallel processing. She is the author of recent studies of the Service Oriented Architecture (SOA) marketing strategies, Internet software, a study of Push to Talk Equipment, Worldwide Telecommunications Equipment, Top Ten Telecommunications, Digital Loop Carrier, Web Hosting, Business Process Management, Servers, Blades, the Mainframe as a Green Machine, and Application Server markets. Ms. Eustis is a graduate of Barnard College.

$4300 - Single Copy or $8600 - Web Posting | Report # SH27291424 | 312 Pages | 135 Tables and Figures | 2017