Micro-ElectroMechanical System Sensors Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Micro-ElectroMechanical System Sensors Market is segmented By Sensor Type (Inertial Sensor, Pressure Sensors, Temperature Sensors, Flow Sensors, Microfluidic Chips, MEMS Accelerometers), By Application (Diagnostic Devices, Monitoring Devices, Surgical Devices, Therapeutic Devices), By End-User (Hospital, Healthcare Research, Home healthcare, Others), By Actuator Type (Optical, Microfluidics, Inkjet Head, Radio Frequency) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Report Overview

Global Micro-Electro-Mechanical System (MEMS) Sensors Market reached US$ 15.94 billion in 2023 and is expected to reach US$ 27.32 billion by 2031, growing with a CAGR of 6.97% during the forecast period 2024-2031.

Micro-electro-mechanical system (MEMS) are devices that combine electrical and mechanical components on a micrometer size. The micro-electro-mechanical system (MEMS) technology encompasses miniature mechanical components that are capable of movement, as well as electrical elements. This technique is employed for the production of several types of sensors, including accelerometers, gyroscopes, digital compasses, inertial modules, pressure sensors, humidity sensors, and microphones. 

The increasing demand for device miniaturization in electronic devices such smartphones, wearable gadgets, and medical instruments has driven the expansion of the MEMS industry. The market for these devices is steadily increasing due to a decrease in average selling prices and the growing advantages of MEMS devices, such as affordability, compactness, and precision. Furthermore, these devices come in a compact size that allows for direct soldering into circuit boards, resulting in a reduction in technology expenses. 

The North America micro-electromechanical system (MEMS) sensors industry is expected to have a substantial market share in the global market during the forecast period. The sales of micro-electromechanical devices in this area are expected to be primarily influenced by the demand from the automotive and aerospace & military industries.

Market Scope

For more details on this report - Request for Sample

Market Dynamics

Increasing need for the miniaturization of electronics is driving forces behind market growth. 

MEMS technology allows for the downsizing of devices, which creates opportunities for novel applications in diverse industries. For instance, within the healthcare sector, miniature Micro-Electro-Mechanical Systems (MEMS) sensors are employed for purposes such as medical diagnostics, drug delivery systems, and minimally invasive surgical equipment. For example, biosensors that are based on MEMS (microelectromechanical systems) can identify biomarkers present in biological fluids to enable the early detection of diseases. 

The automobile sector is adopting miniaturization to improve vehicle performance, safety, and efficiency. MEMS sensors used for airbag deployment, tire pressure monitoring, stability control, and navigation systems are growing smaller in size, allowing them to be easily included into current vehicles. This integration helps to make efficient use of space and decrease the overall weight of the vehicle.

In January 2024, Melexis launched the Triphibian microelectromechanical system pressure sensor specifically designed for automotive applications. This compact MEMS pressure sensor is capable of accurately measuring gas and liquid media within the range of 2 to 70 bar.

Lack of standardized fabrication processes for MEMS:

The development of tailored fabrication techniques for MEMS sensors involves significant expenses and requires extensive research and development efforts. In the absence of standardized procedures, manufacturers are need to allocate substantial resources towards optimizing fabrication techniques for each specific device, resulting in extended development cycles and increased total costs. Smaller enterprises and startups may be discouraged from entering the micro-electro-mechanical system (MEMS) sensors sector, which in turn restricts competition and stifles innovation. 

In the absence of defined protocols for quality control and testing, producers may encounter difficulties in guaranteeing uniform performance and durability across their range of products. This can erode customer trust and result in hesitancy to embrace MEMS technology, especially in safety-critical domains like automotive and medical devices.

Market Segment Analysis

The global micro-electromechanical system (MEMS) sensors market is segmented based on Sensor Type, Actuator Type, Application, End-user and Region.

Inertial Sensor segment to hold largest market share:

The Inertial Sensor dominates the MEMS sensors market, primarily due to the growing demand in the automobile industry. Automotive original equipment manufacturers (OEMs) such as Hyundai, Mahindra, Toyota, Kia, and MG are preparing to launch vehicles equipped with advanced driver assistance systems (ADAS) due to increasing government restrictions and a rising recognition of the benefits of ADAS. 

Hyundai Motor India intends to include Advanced Driver Assistance Systems (ADAS) into all of its vehicle models within the next three years. With the integration of advanced driver assistance and autonomous driving systems by vehicle manufacturers, the demand for precise and dependable MEMS inertial sensors becomes crucial. These sensors play a crucial role in maximizing energy economy, increasing the distance a vehicle can travel, and improving the dynamics and overall performance of the vehicle. The increasing need for Advanced Driver Assistance Systems (ADAS) in automobiles provides a chance for Micro-Electro-Mechanical Systems (MEMS)-based sensors to meet the expanding requirement for sophisticated safety systems in automotive applications.

Market Geographical Share

The Micro-Electro-Mechanical System (MEMS) Sensors Market In Asia Pacific Is Estimated To Account For The Largest Share:

The Asia Pacific region is the leading market for consumer electronics, industrial products, and cars. This region has emerged as a prominent hub for significant investments and potential for expanding businesses on a worldwide scale. As automakers focus on creating and manufacturing electric vehicles to comply with emission goals and suit consumer needs, there is an increasing requirement for MEMS sensors and devices to enhance the functionality and performance of these vehicles. This, in turn, is driving the expansion of the MEMS market in the region. In 2023, India experienced a significant rise in electric vehicle (EV) registrations, as reported by Vahan. The number of registered EVs reached 1,529,614 units, marking a 49% growth compared to the previous year.

According to the India Brand Equity Foundation (IBEF), the Indian appliances and consumer electronics (ACE) market has grown at 9% to reach INR 3.15 trillion (USD 48.37 billion) this year. The government has implemented many measures to advance this product, such as the National Policy on Electronics 2019, which seeks to foster local electronic production and facilitate the export of a whole value chain, with the goal of achieving a turnover of around USD 400 billion in the near future. These regional government measures are expected to strengthen the market.

The Indian automobile industry is strategically positioned for economic and demographic expansion, catering to both domestic demand and potential export opportunities, which are expected to increase in the near future. Under the Make in India strategy, the Government of India intends to prioritize vehicle manufacturing as the primary catalyst for the effort. According to the 2016-26 Auto Mission Plan (AMP), the system is expected to cause the passenger vehicles market to increase to 9.4 million units in the next years. This aspect is anticipated to enhance the utilization of MEMS sensors in the automotive industry of the region.

Russia-Ukraine War Impact Analysis

The ongoing conflict between Russia and Ukraine can worsen the problems in the semiconductor supply chain and aggravate the chip shortage that has been affecting the industry over the last two years. The primary concern lies in the availability of some essential raw elements, such as neon and palladium, which are crucial for semiconductor production.

Although the short-term effects of inflation and indirect supply-chain disruptions seem to be under control, the long-term consequences are still uncertain and will depend on the future course of events.

The immediate effects on semiconductor output are anticipated to be controllable. However, the battle will have an impact on the prices of raw materials, supply-chain limitations, and general uncertainty, which will in turn harm chip manufacturers and consumers.

Nevertheless, if the war persists, corporations must be ready to face more significant disruptions to their supply chains. It is recommended that enterprises thoroughly examine their business continuity plans, explore alternative sources of neon and palladium, and employ forward pricing strategies to safeguard against price volatility in relation to other essential commodities.

Companies must get a comprehensive understanding of their supply chains and customer fulfillment networks in the near future. This will enable them to accurately assess the potential consequences of disruptions caused by war and sanctions. In the future, firms may also contemplate making significant investments in neon recycling technologies.

Unless there is a permanent increase in neon pricing, it is unlikely that producing neon outside of Ukraine can become economically viable. However, certain governments may perceive it as a viable national security measure.

By Sensor Type

• Inertial Sensors
• Pressure Sensors
• Temperature Sensors
• Flow Sensors
• Microfluidic Chips
• MEMS Accelerometers

By Actuator Type

• Optical
• Microfluidics
• Inkjet Head
• Radio Frequency

By Application

• Diagnostic Devices
• Monitoring Devices
• Surgical Devices
• Therapeutic Devices

By End-user

• Hospital
• Healthcare Research
• Home Healthcare
• Others

By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

In January 2024, TDK Corporation introduced a variety of MEMS sensors designed for consumer, industrial, and automotive use, along with a sophisticated edge machine learning solution. This release reflects the increasing market need for MEMS technology.

Analog Devices and Envision Energy are partnering in October 2023 to incorporate MEMS sensor technology into intelligent wind turbines. The objective is to improve safety by continuously monitoring vibration and tilt in real-time. This partnership enhances sustainable energy initiatives by incorporating advanced technology at the periphery to enhance the safety and efficiency of wind turbine operation and design.

In February 2022, STMicroelectronics, a prominent player in the semiconductor sector, unveiled its latest MEMS sensors. The company asserts that its latest micro-electromechanical systems incorporate signal processing and artificial intelligence (AI) technologies.

Market Competitive Landscape

The major global players in the market include Robert Bosch GmbH, Broadcom, Qorvo, Inc, STMicroelectronics, Texas Instruments,  Goertek Microelectronics Inc, Hewlett Packard Enterprise Development LP, TDK Corporation, Knowles Electronics, LLC, Infineon Technologies AG, Honeywell International, Analog Devices, Inc.

Why Purchase the Report?

• To visualize the global micro-electromechanical system (MEMS) sensors market segmentation based on sensor type, actuator type, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous data points of micro-electro-mechanical system sensors market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players. 

The global micro-electromechanical system (MEMS) sensors market report would provide approximately 86 tables, 85 figures, and 224 pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies