"Micro-electro-mechanical systems (MEMs) sensors market Growth is a result of the implementation of the digital economy, IoT, robots, drones, self-driving cars, and artificial intelligence."
The 2018 study has 312 pages, 135 tables and figures. The leading vendors in the MEMs sensor have invested in high-quality technology and processes to develop leading edge monitoring and digital triggering activation capability.
Micro-electro-mechanical systems (MEMS) technology is used in the fabrication of inertial sensors, and particularly accelerometers. MEMS accelerometers are used in diverse markets that implement the digital economy. The reason for their success is low price, small size, high reliability, and low power consumption.
MEMS accelerometers are replacing traditional electro-mechanical accelerometers because they offer tactical grade performance. They povide the functionality required to measure motion in three-dimensional space. Digital signal processors calibrates the sensors during runtime. They intelligently convert raw sensor data from multiple sensors. The output from MEMs sensors creates application-specific data.
The total value of the MEMs sensor market is $12.5 billion in 2017, up from $10.35 billion in 2016. Markets grow to $58.7 billion in 2024. Growth is a result of the implementation of the digital economy, IoT, robots, drones, self-driving cars, and artificial intelligence. The digital economy rides on the back of MEMs sensors. This is the new world aspect, everything is monitored and activated digitally.
MEMs organic volume growth has been relatively slow as existing motion sensor and traditional end-product markets achieve market saturation. There are new and growing opportunities, including the newer IoT applications that are in the early adopter phase. IoT sensors have yet to gain significant market traction but they will, once units are proven in real life situations of the digital economy, self-driving cars, drones, traffic lights, and smart things.
“MEMS suppliers have a focus on sensor improvement. Power and performance are being improved.”
“Everything will be connected,” said SoftBank Chief Executive Masayoshi Son, announcing a ARM processor deal in London. “Cows will be connected, chickens will be connected, the sheep will be connected.”
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As a significant market does take root, MEMs sensors face the challenge of generating profit above costs. The companies keep prices low to buy customers and spur demand. MEMs vendors seek to be in businesses where there are millions and billions of units.
Companies Profiled
Market Leaders
Bosch
Broadcom
Texas Instruments
STMicroelectronics
Qorvo
Hewlett Packard
Knowles Electronics
Denso
TDK / InvenSense
Qualcom
Panasonic
Market Participants
Block Engineering
Cymbet
Infineon
JonDeTech
NaugaNeedles
Rogue Valley Microdevices
Senseair Test & Measurement Carbon Dioxide Sensors
Softbank
Structured Materials Industries
Taiwan Semiconductor
Thorlabs
Vectornav
Key Topics
MEMs Sensors
Micro-electro-mechanical systems
Digital economy
IoT
Internet of Things
Digital monitoring
Digital triggering activation
Smart devices
Smart cities
Smart drones
Smart agriculture
Self-driving cars
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Table of Contents
MEMs Sensors Executive Summary 18
MEMs Sensors Market Driving Forces 18
MEMs Sensors Market Shares 24
MEMs Market Is Ripe for Consolidation 24
Micro-Electro Mechanical Sensor Market Shares 25
MEMs Sensors Market Forecasts 26
“Everything Will Be Connected,” said SoftBank Chief Executive Masayoshi Son, 27
SoftBank CEO Masayoshi Son Sees 1 Trillion Devices for Internet of Things 28
1. MEMs Sensors: Market Description and Market Dynamics 30
1.1 Micro-Electro-Mechanical Systems (MEMS) Technology in The Fabrication of Inertial Sensors 30
1.1.1 MEMs Ultra-Low Noise 31
1.1.2 MEMs Long-Term Stability 32
1.1.3 Open Loop and Closed Loop MEMS Accelerometer MEMS Technology 32
1.2 Semiconductor Industry Is Cyclical 32
1.3 IoT Sensor Types 37
1.3.1 IoT Monitoring Task 38
1.4 Application Integration for Siloed IoT Projects 44
1.5 Internet of Things (IoT) Based on Standards 45
1.6 With IoT, APIs Are Used for Everything 45
1.6.1 IoT Use Cases 47
2. MEMs Sensors Market Shares and Forecasts 49
2.1 MEMs Sensors Market Driving Forces 49
2.2 MEMs Sensors Market Shares 55
2.2.1 Micro-Electro Mechanical Sensor Market Shares 56
2.2.2 MEMs Market Is Ripe for Consolidation 59
2.2.3 InvenSense 61
2.2.4 Texas Instruments 61
2.2.5 STMicroelectronics 61
2.2.6 STMicroelectronics Solutions Pipeline 62
2.2.7 TDK InvenSense 67
2.2.8 Knowles 67
2.2.9 Goertek 68
2.2.10 Bosch 68
2.2.11 Bosch Vision for the Internet of Things (IoT) 70
2.2.12 “Everything Will Be Connected,” said SoftBank
Chief Executive Masayoshi Son, 71
2.2.13 SoftBank to Roll Out ‘LoRaWAN™’ Low Power Wide Area Network 72
2.2.14 SoftBank CEO Masayoshi Son Sees 1 Trillion Devices
for Internet of Things 73
2.2.15 SoftBank Sees Massive MIMO As Key Part of its 5G Project 76
2.3 MEMs Sensors Market Forecasts 77
2.3.1 Micro-Electro Mechanical (MEMs) Sensors Market Segment Forecasts: Automotive, Consumer, Healthcare / Pharmaceutical, Data, and Industrial 81
2.3.2 MEMs Brings Smarter, Integrated Devices 87
2.3.3 MEMs Sensor Applications 89
2.3.4 Consumer MEMs 90
2.3.5 MEMs for the Automotive Market 94
2.3.6 MEMs for Smart Industry 97
2.3.7 MEMs Applications 99
2.3.8 MEMs Pressure Sensors Market 102
2.3.9 MEMs Data Processing Market 104
2.3.10 Micro-Electro Mechanical MEMS Sensors for RF and Filtering Applications 106
2.3.11 Micro-Electro Mechanical MEMs Microphone Sensor Market 108
2.3.12 Micro-Electro Mechanical MEMs Healthcare and Pharmaceutical Sensor Market 109
2.3.13 Axsun Experimental 111
2.3.14 MEMs Gas Sensors 112
2.4 MEMS Foundry Market Models 112
2.4.1 Taiwan Semiconductor 114
2.4.2 MEMs Outsourcing Foundry Market 116
2.5 Internet of Things (IoT) Market Driving Forces 116
2.5.1 IoT Technology Market Driving Forces 119
2.5.2 IoT Technology Market Challenges 120
2.5.3 Internet of Things (IoT) Market Shares 123
2.5.4 Internet of Things (IoT) Market Forecasts 125
2.5.5 IoT Market Opportunity Huge 125
2.5.6 SoftBank CEO Masayoshi Son Forecasts 1 Trillion Devices for Internet of Things 127
2.6 MEMs Price Analysis 127
2.6.1 InvenSense Prices for MEMS 128
2.7 MEMs Sensors Regional Market Analysis 136
3. MEMs Sensors Product Description 139
3.1 STMicroelectronics 139
3.2 Bosch Industrial IoT Asset Efficiency Sensor Solutions 144
3.3 InvenSense 145
4. MEMs Sensors Research and Technology 145
4.1 MEMS Sensor Standards 145
4.2 InvenSense Technology 147
4.3 Nanotechnology Is Significant for MEMs 149
5. MEMs Sensors Company Profiles 153
5.1 Block Engineering 153
5.1.1 Block Positioned To Expand Commercial Markets 154
5.1.2 Block Engineering Contracts 155
5.1.3 Block Engineering LaserScan™ Analyzer 155
5.1.4 Block Engineering: Developer of High Performance QCL and FT-IR Spectrometers 156
5.1.5 Block MEMS Receives $4.5 Million Development Contract for MEMS Gas Sensor 157
5.1.6 Block Engineering 158
5.1.7 Block Engineering: Developer Of High Performance QCL and FT-IR Spectrometers 160
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