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Market Size in USD Billion
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USD 1,198.80 Million |
| USD 3,278.32 Million | |
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Global Automotive Micro Electro Mechanical Systems (MEMS) Sensor Market, By Type (Tire Pressure Sensors, Engine Oil Sensors, Combustion Sensors, Fuel Injection and Fuel Pump Sensors, Air Bag Deployment Sensors, Gyroscopes, Fuel Rail Pressure Sensors), Application (Advanced Driver Assistance System, Electronic Control Unit, Electronic Stability Control, Heating Ventilation and Air Conditioning System, Safety and Security, In-Car Navigation, OIS Cameras, Microphone In Cabin, Tire Pressure Monitoring System, Others) - Industry Trends and Forecast to 2030.
Automotive micro electro mechanical systems (MEMS) sensor is the type of sensors which are used in the electronic system in automobiles. It is basically used for joining signal processing abilities on a single small chip. It is a technology which consists of both electronic and mechanical components. It consists of numerous components, such as sensors, actuators, miniaturized structures, and micro-electronics.
Data Bridge Market Research analyses that the global automotive micro electro mechanical systems (MEMS) sensor market is expected to reach USD 3,278.32 million by 2030, from USD 1,198.80 million in 2022 and is expected to undergo a CAGR of 13.40% during the forecast period of 2023 to 2030. “Tire Pressure Sensors” dominates the type segment of the global automotive micro electro mechanical systems (MEMS) sensor market due to demand from growing markets. High demand for advanced sensors from autonomous vehicles is expected to influence the growth of automotive micro electro mechanical systems (MEMS) sensor market over the forecast period of 2023 to 2030. The rise in demand for connect vehicles across the globe is one of the major factors driving the growth of the automotive micro electro mechanical systems (MEMS) sensor market. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Tire Pressure Sensors, Engine Oil Sensors, Combustion Sensors, Fuel Injection and Fuel Pump Sensors, Air Bag Deployment Sensors, Gyroscopes, Fuel Rail Pressure Sensors), Application (Advanced Driver Assistance System, Electronic Control Unit, Electronic Stability Control, Heating Ventilation and Air Conditioning System, Safety and Security, In-Car Navigation, OIS Cameras, Microphone In Cabin, Tire Pressure Monitoring System, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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Robert Bosch GmbH (Germany), Continental AG (Germany), BorgWarner Inc. (U.S.), Knowles Electronics, LLC. (U.S.), NXP Semiconductors (Netherlands), Broadcom (U.S.), Analog Devices, Inc. (U.S.), Texas Instruments Incorporated (U.S.), STMicroelectronics (Switzerland), Honeywell International Inc. (U.S.), Qualcomm Technologies, Inc. (U.S.), TDK Corporation (Japan), Panasonic Corporation (Japan), General Electric (U.S.), Infineon Technologies AG (Germany), Sensata Technologies, Inc. (U.S.), among others
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Market Opportunities
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Market Definition
MEMS, a pivotal technology predominantly used in the automotive industry, serves to enhance vehicle features. While the automotive MEMS technology has been widely adopted for vehicle control, safety, comfort, convenience, powertrain, and infotainment, vehicle safety is the key factor that majorly impacts the demand for MEMS in the automotive industry.
Driver
Rising stringent government regulations regarding emission standards and safety is a crucial factor accelerating the market growth, also rising electrification in automobiles, rising sales of electric cars, thereby hiking the demand for sensors and a surge in sensors for used battery monitoring and numerous positioning and detection of moving parts of the automobile, increasing technological advancement, rising set of automotive mems sensors products with some massive applications such as electronic control unit, electronic stability control, and safety and security, and rising strict government rules to offer security, safety, and reliability in the vehicles are the major factors among others boosting the automotive micro electro mechanical systems (MEMS) sensor market. Moreover, rising use of automotive sensors with increasing autonomous vehicle, rising partnerships and joint ventures of numerous automobile giants with LiDAR providers and sensor fusion will further create new opportunities for the automotive micro electro mechanical systems (MEMS) sensor market in the forecast period mentioned above.
Opportunity
Moreover, rising use of automotive sensors with increasing autonomous vehicle, rising partnerships and joint ventures of numerous automobile giants with LiDAR providers and sensor fusion will further create new opportunities for the automotive micro electro mechanical systems (MEMS) sensor market in the forecast period mentioned above.
Restraint/Challenge
However, low preference for diesel cars and underdeveloped aftermarket are the major factors among others which will curtail the market growth, while rising safety threats in autonomous cars and rising impact of COVID-19 on car sales will further challenge the automotive micro electro mechanical systems (MEMS) sensor market in the forecast period mentioned above.
Recent Developments
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
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The global automotive micro electro mechanical systems (MEMS) sensor market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Application
The global automotive micro electro mechanical systems (MEMS) sensor market is analyzed and market size insights and trends are provided by type and application as referenced above.
The regions covered in the global automotive micro electro mechanical systems (MEMS) sensor market are North America, South America, Europe, Asia-Pacific, and the Middle East and Africa. The countries covered in the global automotive micro electro mechanical systems (MEMS) sensor market report are U.S., Canada, Mexico, Brazil, Argentina, the Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of the Middle East and Africa
North America dominates the global automotive micro electro mechanical systems (MEMS) sensor Market because North America is home to renowned research institutions, universities, and technology companies that conduct cutting-edge research in photonics and integrated circuit technologies. This strong R&D ecosystem fosters innovation and drives advancements in automotive micro electro mechanical systems (MEMS) sensor circuits.
Asia-Pacific is expected to be fastest-growing country in the global automotive micro electro mechanical systems (MEMS) sensor market due to the Asia-Pacific region has a large and rapidly growing population, along with a significant increase in internet usage and data consumption. This drives the demand for high-speed and efficient communication networks, which can benefit from the use of Automotive Micro Electro Mechanical Systems (MEMS) Sensor circuits. PICs are capable of integrating multiple optical components on a single chip, making them well-suited for high-speed data transmission and communication applications.
The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
The global automotive micro electro mechanical systems (MEMS) sensor market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the company's focus related to the global automotive micro electro mechanical systems (MEMS) sensor market.
Some of the major players operating in the global automotive micro electro mechanical systems (MEMS) sensor market are:
SKU-
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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