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Global Microelectromechanical Systems (MEMS) Production Equipment Market 2017-2021: Becoming an Integral Part of Consumer Electronic Devices - Research and Markets

[December 05, 2017]

Global Microelectromechanical Systems (MEMS) Production Equipment Market 2017-2021: Becoming an Integral Part of Consumer Electronic Devices - Research and Markets

The "Global Microelectromechanical Systems (MEMS) Production Equipment Market 2017-2021" report has been added to Research and Markets' offering.

The global microelectromechanical systems (MEMS) production equipment market is expected to grow at a CAGR of 3.46% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global microelectromechanical systems (MEMS) production equipment market. To calculate the market size, the report considers the new installations and shipments and exclude replacement and aftermarket services market.

One of the major drivers for this market is MEMS becoming an integral part of consumer electronic devices. MEMS are increasingly being used in consumer electronic devices such as smartphones, tablets, and gaming consoles. MEMS in mobile devices are used to tap, scroll, tilt, rotate, and switch between horizontal and vertical displays. Applications such as GP and gaming, which employ motion sensors, are popular among smartphone and tablet users.

For instance, these sensors when used in GPS applications help consumers to get directions and estimates distances even in remote locations. Devices such as remote controls and joysticks with motion sensing capabilities are being launched in the market and also gaining popularity almost instantly. In addition, personal digital assistants (PDAs), GPS, and e-book readers are some of the emerging applications for motion sensors, which are expected to foster the growth of the global MEMS production equipment market during the forecast period.

Key vendors