This research evaluates the MEMS marketplace including ecosystem, players, products, and services. The report provides detailed forecasts of MEMS by function, device, application, and industry vertical. These forecasts are global, regional, and by country for the period 2016 to 2021. High growth areas for MEMS include a few emerging high tech segments such as Virtual Reality and many Internet of Things (IoT) related areas such as Connected Vehicles, UAVs, and more.
This report provides an overview of the global market for microelectromechanical systems (MEMS), which consist of sensing devices that integrate mechanical elements, sensors, actuators, and electronics on a common silicon substrate, and typically have dimensions in the 1-micron to 100-micron range; as well as biosensors and nanosensors. The global market for microsensors reached nearly $9.9 billion in 2014 and totaled almost $10.9 billion in 2015. The market should reach more than $18.9 billion in 2020, a compound annual growth rate (CAGR) of 11.7% between 2015 and 2020.
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