Sensors and MEMS Market

 

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.

Q3 2017 Sensors and MEMS Market Tracker

The sensors and MEMs market is roughly $17 billion and is growing faster than many of the product markets in the semiconductor industry. This year, the market is expected to increase in size by 14 percent in terms of revenue and 17 percent for worldwide shipments. The major application markets for these products are automotive and industrial, which combined constitute 54 percent of demand. This 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.