Posted in | News | MEMS - NEMS

Report Discusses Growth Opportunities in Global MEMS Market

Research and Markets has included a new market research report titled ‘Global Micro-electromechanical System Market 2011-2014’ to its database.

The comprehensive report discusses the market landscapes of the global MEMS industry and its growth opportunities in the years to come. Geographic markets covered in the report include the Americas, APAC and EMEA regions. It also covers the major vendors operating in this industry. The report is helpful for decision makers to understand the present and future trends of the worldwide MEMS industry.

According to the TechNavio's report, the worldwide MEMS market is expected to grow at 16% CAGR for the reporting period between 2011 and 2014. Government mandates pertaining to the deployment of safety systems in automotives are one of the driving factors behind the growth of this market.

MEMS gyrcoscopes are also witnessing growth opportunities, thanks to increased demand from the consumer electronics and automotive industries. However, one of the major barriers to the growth of the global MEMS industry is the difficulty in packaging MEMS sensors. The report also discusses in detail the reduced selling price of MEMS devices, yet another major issue faced by the market.

Key topics covered in the report include executive summary, introduction, market coverage, market landscape, vendor landscape, buying criteria, market growth drivers, drivers and their impact, market challenges, market trends and key vendor analysis. Companies mentioned in the report include Texas Instruments, Hewlett-Packard, The Bosch Group and STMicroelectronics.

Source: http://www.researchandmarkets.com

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Research and Markets. (2019, February 12). Report Discusses Growth Opportunities in Global MEMS Market. AZoNano. Retrieved on August 17, 2022 from https://www.azonano.com/news.aspx?newsID=24482.

  • MLA

    Research and Markets. "Report Discusses Growth Opportunities in Global MEMS Market". AZoNano. 17 August 2022. <https://www.azonano.com/news.aspx?newsID=24482>.

  • Chicago

    Research and Markets. "Report Discusses Growth Opportunities in Global MEMS Market". AZoNano. https://www.azonano.com/news.aspx?newsID=24482. (accessed August 17, 2022).

  • Harvard

    Research and Markets. 2019. Report Discusses Growth Opportunities in Global MEMS Market. AZoNano, viewed 17 August 2022, https://www.azonano.com/news.aspx?newsID=24482.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit