The sensors and MEMs market is estimated to reach $14.6 billion this year. This is a substantial increase over levels in 2015, given the current condition of the overall semiconductor market. This increase is driven by the automotive and industrial segments. Leading revenue growth for products includes temperature sensors, accelerometers and other MEMs devices. 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.
The sensor and MEMs market is expanding at a rapid pace this year. In 2016, Databeans predicts that the market will reach a high of $14 billion which is an 18 percent increase over 2015. Sensors and MEMs include Microfluidic MEMs, Pressure Sensors, Yaw Rate Sensors, Gyroscopes, Accelerometers, Optical MEMs, Actuators, Temperature Sensors, and Magnetic Field Sensors. Over the next five years, Accelerometers have the fastest growth potential with a predicted compound annual growth rate of 11 percent per year. This tracker provides forecasts for sensors and MEMs devices. Forecasts are provided by region, market segment, application, and by product type. Market share is also provided.
2015 should bode well for the worldwide sensors and MEMs market. This market is expected to grow by 13 percent this year, while the overall semiconductor market is expected to remain relatively flat in terms of revenue. Sensors and MEMs are important products used in all market segments to determine pressure, temperature, orientation, and other real world phenomenon. Products include microfluidic, pressure, accelerometers, optical, temperature, magnetic field and other actuators and MEMs. This tracker provides forecasts for all of these sensors by region, market segment, application, and product type. Market share is also provided by region for the overall market and by product type.
The sensors and MEMs market is expected to reach $13.6 billion in 2016. Products included in this market are microfluidic MEMS, pressure sensors, accelerometers, optical MEMS, actuators, temperature sensors, and magnetic field sensors. Sensors are one of the fastest growing families in the semiconductor industry. This tracker provides forecasts for sensors and MEMS by region, application, market segment, and product type. Market share is also provided.