Market Overview:
The global MEMS fusion sensor market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for miniaturized and low-power sensors across different applications, such as consumer electronics, automotive, home automation, medical devices, military and industrial applications. In addition, the growing trend of Internet of Things (IoT) is also fueling the demand for MEMS fusion sensors in various end-use industries. Based on type, inertial combo sensors are expected to hold a major share of the global MEMS fusion sensor market during the forecast period. This can be attributed to their ability to provide accurate measurements even in difficult environments with high vibration levels or shocks.
Product Definition:
The MEMS fusion sensor is a device that uses multiple micro-machined sensors to detect and measure movement in three dimensions. This type of sensor is important for applications such as advanced navigation, three-dimensional mapping, and collision avoidance.
Inertial Combo Sensors:
Inertial combo sensors are a combination of an inertial measurement unit (IMU) and a GPS module. The sensor is used in applications such as robotics, smart packaging, automotive navigation systems, and MEMS fusion sensor market among others. IMU helps to measure the orientation or position of the device on which it is mounted while GPS module provides location information.
Radar + Image Sensors:
Radar and image sensors are the two major technologies used in MEMS fusion sensor market. Image sensors have been dominating the market as they are being used on a large scale in smartphones, tablets, and other consumer electronic products. On account of their low cost and high functionality, image sensors have been replacing traditional motion detectors such as infrared (IR) remote controls or accelerometers in consumer electronics devices.
Application Insights:
The consumer electronics segment dominated the global MEMS fusion sensor market in terms of revenue and is expected to witness significant growth over the forecast period. Fusion-based sensors enable smartphones, tablets, laptops, and other devices to have a better understanding of human behavior by using various inertial combo sensors such as accelerometers, gyroscopes and magnetometers for measuring physical parameters such as acceleration/ velocity/ position etc. Thus enabling manufacturers to provide enhanced user experience while operating electronic devices.
MEMS-Fusion based technology has witnessed tremendous adoption in automotive applications owing to its ability to reduce overall vehicle weight resulting in improved fuel efficiency along with increased safety features including lane departure warning systems (LDWS), active cruise control systems (ACC), parking assistance steering, adaptive front lighting systems among others which are currently being developed across several automotive brands globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing R&D activities and high adoption of smart devices. Europe accounted for a significant share in the global MEMS fusion sensor market due to increased funding for research & development activities and collaborations with industry players. Asia Pacific is projected to grow at a lucrative CAGR during the forecast period, owing to increasing demand from emerging countries such as China and India.
The growing population coupled with rising disposable income will boost product demand across various application segments including automotive, consumer electronics, medical devices among others’ which will drive regional growth over next eight years. Moreover, government initiatives encouraging domestic manufacturing are anticipated fuel regional growth during same period (2018-2030).
Growth Factors:
- Increasing demand for miniaturization in consumer electronics and automotive industries
- Rising demand for MEMS sensors in medical applications
- Growing popularity of Internet of Things (IoT) and wearable devices
- Proliferation of autonomous vehicles and drones
- Development of innovative MEMS fusion sensor technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
MEMS Fusion Sensor Market Research Report
By Type
Inertial Combo Sensors, Radar + Image Sensors, IMU+GPS, Temperature Sensors+ Pressure Sensors+ Humidity/ Light Sensors/ Gas Sensors, Others
By Application
Consumer Electronics, Automotive, Home Automation, Medical, Military, Industrial, Others
By Companies
Analog Devices, (US), Atmel Corporation(US), NXP Semiconductors(Netherlands), InvenSense, (US), STMicroelectronics(Switzerland), Hillcrest labs(US), Senion (Sweden), BASELABS (Germany), Analog Devices, (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global MEMS Fusion Sensor Market Report Segments:
The global MEMS Fusion Sensor market is segmented on the basis of:
Types
Inertial Combo Sensors, Radar + Image Sensors, IMU+GPS, Temperature Sensors+ Pressure Sensors+ Humidity/ Light Sensors/ Gas Sensors, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Automotive, Home Automation, Medical, Military, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Analog Devices, (US)
- Atmel Corporation(US)
- NXP Semiconductors(Netherlands)
- InvenSense, (US)
- STMicroelectronics(Switzerland)
- Hillcrest labs(US)
- Senion (Sweden)
- BASELABS (Germany)
- Analog Devices, (US)
Highlights of The MEMS Fusion Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Inertial Combo Sensors
- Radar + Image Sensors
- IMU+GPS
- Temperature Sensors+ Pressure Sensors+ Humidity/ Light Sensors/ Gas Sensors
- Others
- By Application:
- Consumer Electronics
- Automotive
- Home Automation
- Medical
- Military
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the MEMS Fusion Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
MEMS Fusion Sensor is a type of sensor that uses MEMS technology to measure physical properties. These sensors are often used in industrial and medical applications, where they are able to detect small changes in temperature or pressure.
Some of the key players operating in the mems fusion sensor market are Analog Devices, (US), Atmel Corporation(US), NXP Semiconductors(Netherlands), InvenSense, (US), STMicroelectronics(Switzerland), Hillcrest labs(US), Senion (Sweden), BASELABS (Germany), Analog Devices, (US).
The mems fusion sensor market is expected to grow at a compound annual growth rate of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MEMS Fusion Sensor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 MEMS Fusion Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MEMS Fusion Sensor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the MEMS Fusion Sensor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global MEMS Fusion Sensor Market Size & Forecast, 2020-2028
4.5.1 MEMS Fusion Sensor Market Size and Y-o-Y Growth
4.5.2 MEMS Fusion Sensor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Inertial Combo Sensors
5.2.2 Radar + Image Sensors
5.2.3 IMU+GPS
5.2.4 Temperature Sensors+ Pressure Sensors+ Humidity/ Light Sensors/ Gas Sensors
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Automotive
6.2.3 Home Automation
6.2.4 Medical
6.2.5 Military
6.2.6 Industrial
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MEMS Fusion Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 MEMS Fusion Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Inertial Combo Sensors
9.6.2 Radar + Image Sensors
9.6.3 IMU+GPS
9.6.4 Temperature Sensors+ Pressure Sensors+ Humidity/ Light Sensors/ Gas Sensors
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Automotive
9.10.3 Home Automation
9.10.4 Medical
9.10.5 Military
9.10.6 Industrial
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Inertial Combo Sensors
10.6.2 Radar + Image Sensors
10.6.3 IMU+GPS
10.6.4 Temperature Sensors+ Pressure Sensors+ Humidity/ Light Sensors/ Gas Sensors
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Automotive
10.10.3 Home Automation
10.10.4 Medical
10.10.5 Military
10.10.6 Industrial
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Inertial Combo Sensors
11.6.2 Radar + Image Sensors
11.6.3 IMU+GPS
11.6.4 Temperature Sensors+ Pressure Sensors+ Humidity/ Light Sensors/ Gas Sensors
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Automotive
11.10.3 Home Automation
11.10.4 Medical
11.10.5 Military
11.10.6 Industrial
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Inertial Combo Sensors
12.6.2 Radar + Image Sensors
12.6.3 IMU+GPS
12.6.4 Temperature Sensors+ Pressure Sensors+ Humidity/ Light Sensors/ Gas Sensors
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Automotive
12.10.3 Home Automation
12.10.4 Medical
12.10.5 Military
12.10.6 Industrial
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Inertial Combo Sensors
13.6.2 Radar + Image Sensors
13.6.3 IMU+GPS
13.6.4 Temperature Sensors+ Pressure Sensors+ Humidity/ Light Sensors/ Gas Sensors
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Automotive
13.10.3 Home Automation
13.10.4 Medical
13.10.5 Military
13.10.6 Industrial
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 MEMS Fusion Sensor Market: Competitive Dashboard
14.2 Global MEMS Fusion Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Analog Devices, (US)
14.3.2 Atmel Corporation(US)
14.3.3 NXP Semiconductors(Netherlands)
14.3.4 InvenSense, (US)
14.3.5 STMicroelectronics(Switzerland)
14.3.6 Hillcrest labs(US)
14.3.7 Senion (Sweden)
14.3.8 BASELABS (Germany)
14.3.9 Analog Devices, (US)
