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Automotive MEMS Sensor Market Expectations and Growth Trends Highlighted Until 2032
Automotive Micro-Electro-Mechanical Systems Sensors are computer systems that control and maintain the entire mechanical, electronic and electrical systems of the automobile. These systems are a combination at the nano-scale into NEMS (nanoelectromechanical systems) and nanotechnology. The application of MEMS inertial sensors has unlocked various desirable features that are among the most common features in automobiles these days.
The global market for automotive MEMS sensors is anticipated to reach US$ 2.41 billion in 2022 and to grow at a CAGR of 15% to reach US$ 9.75 billion by the end of the assessment period (2022-2032). The global adoption of technologically improved cars is responsible for the market's expansion.
Micro-Electro-Mechanical Systems for Automobiles (MEMS) The entire mechanical, electronic, and electrical systems of the car are managed and controlled by sensors, which are computer systems. These systems combine NEMS (nanoelectromechanical systems) and nanotechnology at the nanoscale.
Several applications have become well-known because they have become universal in automobiles. Certain applications that have the most advanced features are mainly found in high-end models, however, they are destined to become standard. Automotive MEMS sensors can be classified based on functions such as crash sensing for airbag control, vehicle dynamic control, rollover detection, antitheft systems, electronic parking brake systems, vehicle navigation systems and others. Automotive MEMS sensors mainly consist of a microprocessor/central unit that processes data and several microsensors that interact with the surroundings. Commonly used materials for automotive MEMS sensor systems/semiconductor device fabrication are silicon, polymers and metals such as gold, nickel, aluminium, copper, tungsten, chromium, titanium, platinum, etc.
Automotive MEMS Sensor Market: Regional Outlook
The Europe automotive MEMS sensor market, followed by the North America automotive MEMS sensor market, is expected to hold a major share in the global automotive MEMS sensor market during the forecast period. The Asia Pacific automotive MEMS sensor market is expected to be the fastest growing market in the automotive MEMS sensor market owing to an increase in the vehicle fleet in this region. Europe and North America are expected to hold more than half of the market share of the global automotive MEMS sensor market. Moreover, government initiatives to increase foreign direct investments in countries such as India and China to increase manufacturing, industrialisation and improving the standard of living of the general population are also expected to play an important role in the growth of the global automotive MEMS sensor market during the forecast period. However, the rest of the world is estimated to account for a relatively small share of the automotive MEMS sensor market.
Automotive MEMS Sensor Market: Market Participants
Some of the market participants operating across the value chain of the global automotive MEMS sensor market are:
Robert Bosch GmbH.
InvenSense, Inc.
General Electric Company
Analog Devices, Inc.
Panasonic Corporation
Hitachi, Ltd.
Sensata Technologies, Inc.
Infineon Technologies AG
Harman International
The automotive MEMS sensor market report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis of the automotive MEMS sensors includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Automotive MEMS Sensor Market: Segmentation
Based on the applications, the automotive MEMS sensor market can be segmented as follows:
Crash Sensing for Airbag Control
Rollover Detection
Vehicle Dynamic Control
Electronic Parking Brake Systems
Antitheft Systems
Vehicle Navigation Systems
Others
Based on the sales channel, the automotive MEMS sensor market can be segmented as follows:
Original Equipment Manufacturer (OEM)
Aftermarket
Based on the vehicle type, the automotive MEMS sensor market can be segmented as follows:
Passenger vehicles
Internal Combustion Engines
Hybrid Vehicles
Battery Electric Vehicles (BEV)
Light Commercial Vehicles
Heavy Commercial Vehicles
Automotive MEMS Sensor Market Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
For More Info@ https://www.futuremarketinsights.com/reports/automotive-mems-sensor-market
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Published on July 20, 2022
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