MarketResearch.com has included a new report titled ‘Global Automotive MEMS Market 2011-2015’ to its catalogue of Electronics market reports.
According to the report, the global market for automotive microelectromechanical systems is expected to grow at 10.2% CAGR over the reporting period between 2011 and 2015. Government mandates pertaining to the deployment of safety systems in automotives are one of the key driving factors behind the growth of this market. The usage of microelectromechanical systems in tire pressure monitoring system applications is also ever-increasing.
On the other hand, growing competition between vendors may affect the growth of the global automotive MEMS Market. TechNavio’s in-depth report shares the inputs of industry experts. Geographical markets covered in the report include the Americas, the APAC region, and the EMEA region. It also includes key market trends of the global automotive MEMS industry.
The comprehensive report provides forecast data pertaining to market landscape and growth opportunities. It discusses in detail all kinds of MEMS devices used in the automotive market. The report also includes a detailed analysis of key vendors of the global automotive MEMS market.
As per the report, Freescale Semiconductor, Robert Bosch, Denso, and Sensata Technologies are the dominant players of this market. The report analyzes threats and opportunities faced by key vendors in the market. It also discusses their strength and weaknesses in detail.
Source: http://www.marketresearch.com