ResearchAndMarkets.com just announced a new market report focusing on the "Global MEMS Market for Mobile Devices 2017-2021." According to the research firm, the global MEMS market for mobile devices is set to grow at a CAGR of 10.55% during the period 2017-2021. The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years, and includes a discussion of the key vendors operating in this market.
MEMS devices are miniaturized devices and structures that are made using the technique of microfabrication. The MEMS technology combines mechanical, optical, and fluidic elements with electronics. MEMS devices are mostly integrated with smartphones, tablets, wearables, vehicles, medical devices, and industrial devices to carry out various automated functions. The consumer electronics industry is the largest market for MEMS devices. Smartphones and tablets are the largest segments of the consumer electronics industry that utilize the MEMS technology.
The report covers the present scenario and the growth prospects of the global MEMS market for mobile devices for 2017-2021, where analysts forecast the market for mobile devices to grow at a CAGR of 10.55% during the period 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
One trend in the market is advances in the manufacturing technology of MEMS pressure sensors. The OEMs in the global MEMS pressure sensors market are continually adding new features to their products, resulting in the launch of innovative products in the market on a regular basis. The accuracy of MEMS pressure sensors is increasing with these advances. Further, the report states that one challenge in the market is design-related challenges faced by optical MEMS manufacturers.
According to the report, one driver in the market is MEMS becoming an integral part of consumer electronic devices. MEMS devices are increasingly being used in consumer electronics and mobile devices such as smartphones, tablets, and gaming consoles. The mobile devices integrated with MEMS devices can be scrolled, tilted, rotated, and switched from horizontal and vertical displays. Applications such as GPS and gaming, which employ motion sensors, are popular among smartphone and tablet users. For instance, MEMS sensors, when used in GPS applications, help consumers get directions and estimate the distance even in remote locations.
Key vendors in this space include Analog Devices, Robert Bosch, STMicroelectronics, AAC Technologies, Goertek, Maxim Integrated, Murata Manufacturing, Sensata Technologies, Silicon Laboratories and others.
Commenting on the report, an analyst from the research team says: “One trend in the market is advances in the manufacturing technology of MEMS pressure sensors. The OEMs in the global MEMS pressure sensors market are continually adding new features to their products, resulting in the launch of innovative products in the market on a regular basis. The accuracy of MEMS pressure sensors is increasing with these advances.”
Further, the report states that one challenge in the market is the manufacturing of integrated MEMS wafers, which is very challenging for the manufacturers as the components are manufactured individually and are then assembled on a single chip. This increases the time to market and creates the need for the testing of components at the individual and assembled levels.
For more information about this report visit www.researchandmarkets.com
- on Industry News
- News
MEMS for Mobile Devices: Global Market Report 2017-2021
March 14 2018, 03:10
ResearchAndMarkets.com just announced a new market report focusing on the "Global MEMS Market for Mobile Devices 2017-2021." According to the research firm, the global MEMS market for mobile devices is set to grow at a CAGR of 10.55% during the period 2017-2021. The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years, and includes a discussion of the key vendors operating in this market.