By 2032, size of the global MEMS sensor market is anticipated to be US$ 82.6 million. From 2022 through 2032, a mild CAGR of 7.2% is predicted. In 2022, the global market’s valuation exceeded US$ 41.1 million.

Micro-electromechanical systems (MEMS) sensors are becoming increasingly commonplace in various parts of the world. Motion, temperature, pressure, and humidity are just a few examples of the physical events that these sensors can identify and measure.

Accelerometers, gyroscopes, pressure sensors, temperature sensors, and humidity sensors are a few types of MEMS sensors. Given that they can monitor acceleration or changes in velocity, accelerometer sales are projected to soar.

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Due to their ability to sense changes in orientation or angular velocity, gyroscopes are predicted to be in great demand. Temperature sensors are required to measure changes in temperature, whereas pressure sensors are frequently employed in the automobile sector to measure changes in pressure.

Use of MEMS sensors is anticipated to rise in response to development of the internet of things (IoT) and increased demand for smart gadgets. Smart homes, smart meters, and other IoT-based devices are set to use MEMS sensors to collect data and enable automation.

IoT devices frequently use MEMS sensors owing to their compact size. These are perfect for usage in IoT devices that are intended to be portable and small owing to their modest size.

Their compact size also makes it possible to integrate them into a variety of gadgets, including wearables, smart home appliances, and industrial sensors. MEMS sensors function with relatively little electricity. They are suitable for use in IoT devices on the back of its characteristic, which enables them to run on batteries or other low-power sources.

It further permits extended battery life and the creation of new IoT devices. IoT devices of today can hence function for long periods of time without needing regular battery replacements.

IoT implementation is growing globally, with 8.6 billion IoT devices expected to be operational worldwide in 2019. By 2030, it is anticipated that there will be about 29 billion IoT devices. Demand for MEMS sensors is projected to elevate over the evaluation period as IoT use increases globally.

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Key Takeaways from MEMS Sensor Market Study:

The global MEMS sensor industry showcased steady growth during the historical period at a CAGR of 10.5%.
The United States MEMS sensor industry is expected to reach a valuation of around US$ 12.9 million by 2032.
The United Kingdom MEMS sensor industry is likely to create an absolute dollar growth of US$ 891.8 thousand from 2022 to 2032.
Based on type, the optical sensor segment is projected to progress at a CAGR of 7.1% from 2022 to 2032.
In terms of application, the automotive segment is estimated to witness steady growth at a CAGR of 7.0% from 2022 to 2032.
“Over the past five years, MEMS sensors have seen substantial development, with gains in sensitivity, accuracy, and dependability. These advancements have encouraged the creation of new applications and increased the use of MEMS sensors in already existing ones.” – Says a lead analyst.

Competitive Landscape

The global MEMS sensor market is extremely fragmented with numerous manufacturers active in various applications and sectors. A select group of leading firms would focus on niche markets such as the automotive or healthcare industries, while others would provide a wide selection of goods for numerous uses.

Price, performance, quality, innovation, and customer service are just a few of the variables that are driving the fierce rivalry. The MEMS sensor industry has seen a trend toward consolidation in recent years. To increase their client base and product offers, big firms are buying smaller ones.

For instance,

In January 2022, TDK released a new range of MEMS microphones with sound wire functionality. The T5828 MEMS microphone supports the MIPI Sound Wire protocol and boasts a signal-to-noise ratio (SNR) of 68dBA. It also features an acoustic activity function that detects elements while operating in an always-on ultra-low power mode.
MEMS Sensor Market Outlook by Category

By Type:

Inertial Sensor
Pressure Sensor
Optical Sensor
Environmental Sensor
Ultrasonic Sensor
By Application:

Consumer Electronics
Automotive
Industrial
Aerospace & Defense
Healthcare
Telecommunication
Others
By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa