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Worldwide MEMS Industry to 2026 - APAC Will Lead the Global Marketplace by Revenue With 40% Market ShareDUBLIN, May 27, 2021 /PRNewswire/ -- The "Global MEMS Market by Components, Devices and Applications in Industry Verticals 2021 - 2026" report has been added to ResearchAndMarkets.com's offering. This report evaluates the MEMS marketplace including ecosystem, players, products, and services. The report analyzes MEMS components and enabled devices, products, and applications in industry verticals. The report provides detailed forecasts of MEMS by function, device, application, and industry vertical. Forecasts provided are global, regional, and by country for the period 2021 to 2026. Select Report Findings:
Microelectromechanical Systems (MEMS), represent miniaturized mechanical and electro-mechanical elements (devices and structures) that are created using various microfabrication techniques. One of the key areas for MEMS is sensors, particularly in certain emerging market opportunity areas such as virtual reality and many Internet of Things (IoT) use cases, devices and applications. Sensors are used for detection of changes in the physical environment and/or logical relationship of one object to another(s) and/or the environment. Physical changes may include temperature, light, pressure, sound, and motion. Logical changes include the presence/absence of an eletronically traceable entity, location, and/or activity. Within an IoT context, physical and logical changes are equally important, so MEMS/sensor systems will increasingly rely upon support from software. The MEMS market is a fast-growing area within the electronics sector with certain high-growth sub-segments, such as industrial IoT, representing significantly higher growth. APAC will lead the global marketplace by revenue with 40% market share followed by North America with 30%. The other three regions of Europe, Latin America, and Middle East & Africa will hold 16%, 10%, and 4% of revenue respectively. Companies in Report:
Key Topics Covered: 1 Executive Summary 2 Introduction 3 MEMS Market Background 4 MEMS Industry Details 5 MEMS Market Dynamics 6 MEMS Company Analysis 7 MEMS Market Analysis and Forecasts 2021 - 2026 8 Conclusions and Recommendations For more information about this report visit https://www.researchandmarkets.com/r/y8rmkw Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/worldwide-mems-industry-to-2026---apac-will-lead-the-global-marketplace-by-revenue-with-40-market-share-301300826.html SOURCE Research and Markets |