MEMS is extensively used in smartphones, wearable devices, and other electronic devices, owing to its enhanced electrical performance at high frequencies. The MEMS market is expected to gain popularity as the consumer electronics industry is shifting its focus from traditional sensors to MEMS technology.
Dallas, United States – December 13, 2017 —
The 2018 study has 312 pages, 135 tables and figures. The leading vendors in the MEMs sensor have invested in high-quality technology and processes to develop leading edge monitoring and digital triggering activation capability.
The total value of the MEMs Sensor Market is $12.5 billion in 2017, up from $10.35 billion in 2016. Markets grow to $58.7 billion in 2024. Growth is a result of the implementation of the digital economy, IoT, robots, drones, self-driving cars, and artificial intelligence. The digital economy rides on the back of MEMs sensors. This is the new world aspect, everything is monitored and activated digitally.
“MEMS suppliers have a focus on sensor improvement. Power and performance are being improved.”
Micro-electro-mechanical systems (MEMS) technology is used in the fabrication of inertial sensors, and particularly accelerometers. MEMS accelerometers are used in diverse markets that implement the digital economy. The reason for their success is low price, small size, high reliability, and low power consumption.
Request for sample copy of MEMs Sensor Market report at:
MEMS accelerometers are replacing traditional electro-mechanical accelerometers because they offer tactical grade performance. They povide the functionality required to measure motion in three-dimensional space. Digital signal processors calibrates the sensors during runtime. They intelligently convert raw sensor data from multiple sensors. The output from MEMs sensors creates application-specific data.
MEMs organic volume growth has been relatively slow as existing motion sensor and traditional end-product markets achieve market saturation. There are new and growing opportunities, including the newer IoT applications that are in the early adopter phase. IoT sensors have yet to gain significant market traction but they will, once units are proven in real life situations of the digital economy, self-driving cars, drones, traffic lights, and smart things.
“Everything will be connected,” said SoftBank Chief Executive Masayoshi Son, announcing a ARM processor deal in London. “Cows will be connected, chickens will be connected, the sheep will be connected.”
As a significant market does take root, MEMs sensors face the challenge of generating profit above costs. The companies keep prices low to buy customers and spur demand. MEMs vendors seek to be in businesses where there are millions and billions of units.
TDK / InvenSense
Rogue Valley Microdevices
Senseair Test & Measurement Carbon Dioxide Sensors
Structured Materials Industries
Internet of Things
Digital triggering activation
Enquire more details of the report at: http://orbisresearch.com/contact/purchase/1003507
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Name: Hector Costello
Email: Send Email
Organization: Orbis Research
Address: 4144N Central Expressway, Suite 600
Phone: +1 (214) 884-6817