The global MEMS sensor market is projected to grow at a CAGR of 8%-10% during 2020-2025. The growth of MEMS sensor market is driven by due to the global economic recession led by the COVID-19 pandemic.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the MEMS sensor by sensor type
(inertial sensor, microphones, and pressure sensor), application (ADAS, ECU,
ESC, HVAC, safety & security, in-car navigation, OIS camera, microphone in
cabin, TPMS and others), and region (North America, Europe, Asia Pacific
(APAC), and Rest of the World (ROW))?
Q.2 Which segments will grow
at a faster pace and why?
Q.3 What are the
business risks and threats to the MEMS sensor market?
Q.4 What are some
changing demands of customers in the MEMS sensor market?
Q.5 What are the new
developments in the MEMS sensor market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this MEMS sensor area and how big of a
threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this MEMS sensor market?
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Market Segmentation:
Asia Pacific is expected
to be the largest region and it is expected to witness the highest growth over
the forecast period due to the presence of emerging economies, like China and
India, along with increasing growth of the automobile and consumer electronics
segments.
Key Players in the MEMS
sensor market are Sensata Technologies, Analog Devices, Robert Bosch GmbH,
General Electric, Panasonic, NXP, Infineon Technologies.
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The
report helps stakeholders understand the pulse of the market and provides them
with information on key drivers, restraints, challenges, and opportunities for
market growth. It would also help to understand the competitors better and gain
more insights to improve their position in the business.
To read more about this market please click on
https://www.lucintel.com/mems-sensor-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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