Market Revenue Microelectromechanical Systems (MEMS) Market | Page 2

Industry wise it can be segmented it is segmented as automotive, aerospace, consumer electronics, defence and healthcare. Automotive industry uses the mems technology extensively. Passenger cars or commercial vehicles needs sensitive sensors and mems technology is cheaper, reliable and effective. Pressure sensors are most widely used in automobile industry. Increase in demand for automotive is a driver in MEMS technology. In Europe and America, the MESM technology based sensor is expected to grow. Consumer’ s electronics segment also uses MEMS technology. A washing machine or a mobile device uses various sensors which are supported by MEMS technology. This technology has a huge application in harvesting renewable energy. In solar energy harvesting this technology is used to absorb energy and convert it in usable form. Hence MEMS has a huge potential market.
Market of MEMS is divided into Oscillators Pressure Sensors, Accelerometers, Microphones, Gyroscopes, and Radio Frequency MEMS. Microelectromechanical Systems market is segmented on 5 regions North America, Europe, Asia-Pacific, Latin America and MEA. North America regional market includes the U. S. and Canada. Europe regional market includes European Union, CIS and other non-member states. Asia Pacific regional market includes Japan, China, India, Taiwan, Korea, and Australia. Latin America mainly includes Brazil, Mexico, and other South American countries. MEA comprises Middle East and African countries. North America is the largest market for MEMS but Asia Pacific region is expected to grow at a tremendous rate. North America is the largest market for MEMS used in medical devices. Asia pacific has observed an increment in the medical requirement assistance hence it is a potential market expected to have a drastic growth rate in near future.
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Key players in Micro-electro-mechanical system industry are include Robert Bosch, Texas Instruments, Knowles electronics, InvenSense, AKM, Honeywell, Canon, Panasonics, Hewlett Packard, Denso, Avago Technologies, Seneata, Analog Devices Inc., Lexmark, Autoliv, Inc., Aptina Imaging Corporation, CASCO, Bourns, Inc., Corrsys- Datron Sensorsysteme GmbH, Continental AG, Custom Sensors & Technologies, CTS Corporation, Inc., Kavlico Corporation, BEI Sensors, Denso Corporation, Delphi Corporation, Freescale Semiconductor Inc.,, ELESYS North America, Inc., Hamamatsu Photonics KK, General Electric Company, Hella KGaA Hueck & Co., Hamlin Electronics, Infineon Technologies AG., Kistler Group, Melexis Microelectronic Integrated Systems, Hitachi Automotive Systems, Micralyne, Inc., NXP Semiconductors N. V., NGK Spark Plugs USA, Inc., Inc., Omron Corporation, Novotechnik U. S., OSRAM Opto Semiconductors, Sensata Technologies, SSI Technologies, Inc., Valeo S. A, TRW Automotive Holdings Corp. and TT electronics plc. InvenSence Inc. technology has developed fabrication platform which enables integration of standard MEMS with CMOS in a small and cost effective water level solution.