The Automotive MEMS (Micro-Electromechanical Systems) market refers to the market for MEMS devices used in the automotive industry. These devices are small, integrated systems that use micro-electronics and mechanical components to perform specific functions, such as sensing, controlling, and transmitting data. Examples of automotive MEMS include accelerometers, gyroscopes, pressure sensors, and microphones.
The industry is being propelled by the rising demand for connected cars, advanced driver assistance systems (ADAS), and the shift towards electric vehicles. Bosch, Continental AG, Denso Corporation, and Infineon Technologies AG are significant market participants.
The automotive MEMS market is anticipated to reach US$ 1.2 billion in 2022. The market is projected to reach US$ 4.22 billion in value by 2032, expanding at a CAGR of 13.4% during the forecast period.
Request Sample Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-1362
The rising automotive industry may result in a rise in demand for MEMS because they are utilised to enhance vehicle control, comfort, and infotainment features.
Because automotive MEMS can enable the efficient operation of airbags through the use of mems airbag sensors and tyre pressure monitoring, manufacturers are investing extensively in them from a safety standpoint. Automobiles can also employ automotive mems temperature sensors.
Key Players in the Global Automotive MEMS Market
The prominent players in the global automotive MEMS market include
- Robert Bosch GmbH,
- General Motors Company,
- Analog Devices Inc.,
- STMicroelectronics N.V.,
- Sensata Technologies Inc.,
- Panasonic Corporation,
- Infineon Technologies AG,
- Delphi Automotive PLC, and
- Freescale Semiconductors Ltd. (previously NXP),
- Denso Corporation, and
- Murata Manufacturing Co. Ltd.
Some of the key players are currently expanding their production plants internationally, for gaining better presence on a global level. Recently, Denso Corporation has announced the construction of a new plant based in Cambodia in order to cater to the MEMS-related requirements in that region.
Ask an Analyst @
https://www.futuremarketinsights.com/ask-question/rep-gb-1362
Automotive MEMS Market: Regional Outlook
With some of the top OEMs in the industry, including Ford Motor Company, General Motors Company, Volkswagen, Chrysler, and Peugeot, North America and Western Europe currently lead the global automotive MEMS market.
Moreover, these regions have strong communicating channels and are increasingly hosting miniaturisation R&D. The focus of N. American and W. European manufacturers on integrating MEMS systems in vehicles keeping their basic mechanisms intact, is estimated to play a role in pushing the market growth in these regions.
Automotive MEMS Market: Segmentation
FMI’s research on the global automotive MEMS market offers a 10-year forecast, segmenting the market according to type, applications, and regions.
On the basis of type, the automotive MEMS Market is further segmented into:
- pressure sensor
- accelerometer
- gyroscope
- flow sensor
- others
Based on the application, the automotive MEMS market is segmented as:
- safety and chassis
- powertrain
- body and convenience
- infotainment
- other applications
- engine management system
- peripheral pressure sensors
- fuel injection systems
- seat occupancy
- oil pressure sensing.
On the basis of regional , the automotive MEMS Market is further segmented into:
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- The Middle East and Africa (MEA)
Request Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-1362
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com