YOLE Group Offers Snapshot of MEMS Sensors and Actuators Market and Projects Trends for 2023
2021 was an exceptional year for MEMS companies, says YOLE Group, the international market analysis firm, which has just released its latest MEMS market report. The MEMS industry is expected to exceed the $22 billion mark five years from now, growing annually at about 9% between 2021 and 2027, the firm predicts. Interesting findings in the report indicated that Bosch continues to be the overall MEMS leader, while STMicroelectronics and TDK sales grew significantly in 2021.