Sensors and MEMS Market

 

Q3 2018 Sensors and MEMS Market Tracker

Worldwide revenue for sensors and MEMs in 2018 is expected to reach $18.4 billion. Growing at a compound annual growth rate of 9 percent over the next five years, combined these two segments should reach a worldwide revenue total of nearly $29 billion by 2023. Fast growing application markets include IoT, Automotive, and the medical application market. The Sensors and MEMs market tracker covers microfluidic MEMs, pressure sensors, accelerometers, yaw rate sensors, optical MEMS, actuators, temperature sensors, and magnetic field sensors. Forecasts are provided by region, market segment, application and product type. Market share is also provided.

Q2 2018 Sensors and MEMS Market Tracker

Worldwide revenue for sensors in 2018 is expected to reach $13.5 billion. The MEMs market is expected to reach $5.1 billion. Growing at a compound annual growth rate of 9 percent over the next five years, combined these two segments should reach a worldwide revenue total of nearly $29 billion by 2023. Fast growing segments include IoT, Automotive, and the medical application market. The Sensors and MEMs market tracker covers microfluidic MEMs, pressure sensors, accelerometers, yaw rate sensors, optical MEMS, actuators, temperature sensors, and magnetic field sensors. Forecasts are provided by region, market segment, application and product type. Market share is also provided.

Q1 2018 Sensors and MEMS Market Tracker

The automotive market continues to drive sensor revenue. Worldwide, the market is expected to reach $13.5 billion in 2018. Adding MEMS revenue, the market should reach over $18 billion. Sensors are used in a wide variety of applications, but most notably, automotive applications and industrial applications. Fast growing segments are temperature sensors and accelerometers. In the automotive market, sensor revenue is expected to grow by 10 percent this year. The Sensors and MEMs market tracker covers microfluidic MEMs, pressure sensors, accelerometers, yaw rate sensors, optical MEMS, actuators, temperature sensors, and magnetic field sensors. Forecasts are provided by region, market segment, application and product type. Market share is also provided.

Q4 2017 Sensors and MEMS Market Tracker

The automotive market continues to drive sensor revenue. Worldwide, the market is expected to reach $12.4 billion. Adding MEMS revenue, the market should reach close to $17 billion. Sensors are used in a wide variety of applications, but most notably, automotive applications. In the automotive market, sensor revenue is expected to grow by 17 percent this year. The Sensors and MEMs market tracker covers microfluidic MEMs, pressure sensors, accelerometers, yaw rate sensors, optical MEMS, actuators, temperature sensors, and magnetic field sensors. Forecasts are provided by region, market segment, application and product type. Market share is also provided.