Global Automotive Micro-electromechanical System (MEMS) Sensors Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : Semiconductor & Electronics Date : September 7th, 2018
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The global automotive micro-electromechanical system (MEMS) sensors market is increasing significantly and expected to reach USD 4.8 billion by 2024 at a CAGR of 10.3% during the forecast period. Factors driving the growth of the market are rising concerns for the safety or security of the automobile applications, upsurge in urbanization, increasing demand for autonomous and connected vehicles, and rising capital investments in R&D activities. Additionally, the government norms towards safety and security of passengers are also fueling the demand of MEMS sensor in automotive industry.

The years used for the assessment are as follows:

  • Historical year : 2014, 2015 and 2016
  • Base year : 2017
  • Forecast period : 2018 – 2024

RESEARCH METHODOLOGY 

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are:

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total automotive MEMS sensor market and it various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global automotive MEMS sensor market.
  •  Finalizing the overall size and share for the global automotive MEMS sensor market 

OBJECTIVES: 

  • To classify the global automotive MEMS sensor market into segments on the basis of type, applications, and region and analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers and restraints associated with the global automotive MEMS sensor market
  • Profiling key companies operating in the global automotive MEMS sensor market
  • To study market response with respect to the mergers and acquisitions in the industry

MARKET SCOPE

The research scope for global automotive MEMS sensor market is as follows:

  • By Type
    • MEMS Pressure Sensor
    • MEMS Inertial Sensor
    • Vehicle Dynamic Control (VDC)
      • Gyroscope
      • Accelerometer
      • Wheel Speed Sensor
    • MEMS Microphones
    • MEMS Gas sensors
    • Others
  • By Application
    • Safety and Chassis
    • Power Train
    • Comfort and Convenience
    • Infotainment
    • Others
  • By Region
  • North America
    • U.S
    • Canada
    • Mexico
  • Europe
    • UK
    • Russia
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Rest of the World (RoW)
    • South America
      • Brazil
      • Argentina
    • Middle East and Africa (MEA)
      • Saudi Arabia
      • South Africa
      • Rest of MEA

The MEMS technology is an advance version of IC fabrication technology. It offers high production volume of small size devices with a lower manufacturing cost. The advent of micro-machining technologies results in increasing demand for connected cars, and rising concerns for safety and security of the vehicle. Moreover, the passenger cars in Asia-Pacific is growing at the fastest pace, and due to this high demand, comfort and convenience is becoming the key factor which is driving the automotive MEMS sensor market. MEMS sensors in automotive have a wide range of applications, such as tire pressure monitoring systems, inertial sensors, and others.

MEMS sensors are gaining a high popularity owing to the emergence of vehicle dynamic control. These sensors helps in perceiving external information in real time, and actuator which is fused in vehicle dynamic control system takes appropriate action based on computed results. The demand for infotainment and safety applications in passenger cars is bringing a rapid advancement in the automotive industry, as they possesses higher accuracy and self-test capabilities.

Asia-Pacific is expected to grow with a fastest CAGR during 2018-2024. The growth is attributed to the increasing number of vehicle production, government norms pertaining vehicle safety, growing demand for pressure sensors, and presence of major semiconductor manufacturing industries. Moreover, rapid evolution of electric vehicle in China further boosts the demand for automotive MEMS sensor in Asia-Pacific region. North America is expected to dominate the global automotive MEMS sensor market during the forecast period.

Key players operating in the global automotive MEMS sensor market includes Sensata Technologies, Inc.; Texas Instruments Incorporated; STMicroelectronics NV; Panasonic Corporation; Robert Bosch GmbH; Infineon Technologies AG; Denso Corporation; Analog Devices Inc.; TDK; NXP Semiconductors; and Allegro MicroSystems, LLC among others.

Automotive Micro-electromechanical System (MEMS) Sensors Market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. MEMS sensors – Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global automotive MEMS sensors market

3.4. Value chain analysis

3.5. Market opportunities & trends

        3.5.1. Increasing automation of vehicles

3.6. Market dynamics

3.6.1. Market driver analysis

   3.6.1.1. Rising concerns for the safety or security of the automobile applications

   3.6.1.2. Upsurge in urbanization

   3.6.1.3. Increasing demand for autonomous and connected vehicles

3.6.2. Market restraint analysis

   3.6.2.1. Complex design of MEMS sensors

3.6.3. Industry Analysis-Porters five forces of analysis

CHAPTER 4. Competitive Outlook

4.1. Competitive analyses

4.2. Competitive factors

4.3. Strategies adopted

CHAPTER 5. Global Automotive MEMS Sensors Market Size and Forecast (2014 – 2024)

5.1. Global Automotive MEMS Sensors Market, By Type (USD Million)

5.1.1. MEMS Pressure Sensor

5.1.2. MEMS Inertial Sensor

5.1.3. Vehicle Dynamic Control (VDC)

   5.1.3.1. Gyroscope

   5.1.3.2. Accelerometer

   5.1.3.3. Wheel Speed Sensor

5.1.4. MEMS Microphones

5.1.5. MEMS Gas sensors

5.1.6. Others

5.2. Global Automotive MEMS Sensors Market, By Application (USD Million)

5.2.1. Safety and Chassis

5.2.2. Power Train

5.2.3. Comfort and Convenience (HVAC)

5.2.4. Infotainment

5.2.5. Others

CHAPTER 6. Global Automotive MEMS Sensors Market Size and Forecast, By Geography (2014-2024)

6.1. North America Automotive MEMS Sensors Market (USD Million)

6.1.1. North America Automotive MEMS Sensors Market, By Type (USD Million)

6.1.2. North America Automotive MEMS Sensors Market, By Application (USD Million)

6.1.3. North America Automotive MEMS Sensors Market, By Country (USD Million)

  6.1.3.1. US

  6.1.3.2. Canada

  6.1.3.3. Mexico

6.2. Europe Automotive MEMS Sensors Market (USD Million)

6.2.1. Europe Automotive MEMS Sensors Market, By Type (USD Million)

6.2.2. Europe Automotive MEMS Sensors Market, By Application (USD Million)

6.2.3. Europe Automotive MEMS Sensors Market, By Country (USD Million)

   6.2.3.1. UK

   6.2.3.2. Germany

   6.2.3.3. Russia

   6.2.3.4. France

   6.2.3.5. Italy

   6.2.3.6. Spain

   6.2.3.7. Rest of Europe

6.3. Asia-Pacific Automotive MEMS Sensors Market (USD Million)

6.3.1. Asia-Pacific Automotive MEMS Sensors Market, By Type (USD Million)

6.3.2. Asia-Pacific Automotive MEMS Sensors Market, By Application (USD Million)

6.3.3. Asia-Pacific Automotive MEMS Sensors Market, By Country (USD Million)

   6.3.3.1. China

   6.3.3.2. Japan

   6.3.3.3. India

   6.3.3.4. Australia

   6.3.3.5. South Korea

   6.3.3.6. Rest of Asia-Pacific

6.4. Rest of the World (RoW) Automotive MEMS Sensors Market (USD Million)

6.4.1. RoW Automotive MEMS Sensors Market, By Type (USD Million)

6.4.2. RoW Automotive MEMS Sensors Market, By Application (USD Million)

6.4.3. RoW Automotive MEMS Sensors Market, By Country (USD Million)

   6.4.3.1. South America

   6.4.3.2. Middle East and Africa

CHAPTER 7. Key Players and Strategic Developments

7.1. Sensata Technologies, Inc.

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Texas Instruments Incorporated

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. STMicroelectronics NV

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Panasonic Corporation

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Robert Bosch GmbH

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Infineon Technologies AG

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Denso Corporation

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Analog Devices Inc.

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.9. TDK

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. NXP Semiconductors

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

7.11. Allegro MicroSystems, LLC

7.11.1. 7.10.1. Business Overview

7.11.2. 7.10.2. Product and Service Offering

7.11.3. 7.10.3. Financial Overview

7.11.4. 7.10.4. Strategic Developments

Global Automotive Micro-electromechanical System (MEMS) Sensors Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation and Forecast 2024