Sensors and MEMS Market

 

Q2 2019 Sensors and MEMS Market Tracker

Worldwide revenue for sensors and MEMs in 2019 is expected to reach $20 billion. This is a 12 percent increase over 2018. Growing at a compound annual growth rate of 8 percent over the next five years, combined these two segments should reach a worldwide revenue total of nearly $31 billion by 2024. While many of the other component markets are struggling due to the US trade war with China, sensors have been somewhat immune as they are used in automotive and industrial applications outside of the region. 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 2019 Sensors and MEMS Market Tracker

Worldwide revenue for sensors and MEMs in 2019 is expected to reach $20 billion. This is a 12 percent increase over 2018. Growing at a compound annual growth rate of 8 percent over the next five years, combined these two segments should reach a worldwide revenue total of nearly $31 billion by 2024. 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.

Q4 2018 Sensors and MEMS Market Tracker

Worldwide revenue for sensors and MEMs in 2018 is still expected to reach $18.4 billion. Growing at a compound annual growth rate of 8 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.

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.