Market Overview:
The global MEMS mirrors market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for MEMS mirrors in automobiles, robotics, and industrial applications. Additionally, the growing demand for miniaturized and high-performance devices is also contributing to the growth of this market. However, factors such as high manufacturing costs and stringent regulatory norms are restraining the growth of this market. On the basis of type, 1D MEMS mirrors held a major share of the global MEMS mirrors market in 2017. This segment is expected to continue its dominance during the forecast period due to their low cost and easy integration with other components.
Product Definition:
MEMS mirrors are micro-mirrors fabricated using semiconductor processes and materials. MEMS mirrors find application in optical communications, displays, and imaging.
1D:
1D is a type of barcode and its main usage is to print date and time on packaged goods for tracking purposes. It also helps in inventory management. In recent times, it has become important as an identification code in mobile devices such as smartphones & tablets.
2D:
2D is a technique used to create images from digital data. The data is first converted into two variations of the intensity of light, which are then combined to give the final image. 2D technology can be used in many applications such as mobile phones, cameras, and other consumer electronics products.
Usage of 2D in MEMS mirrors market: It has been observed that most consumers prefer side-by-side seats for comfort reasons.
Application Insights:
The MEMS mirrors market is segmented by application into automobiles, robotics, industrial and others. The automobile application segment accounted for the largest share in 2017 owing to increasing demand from end-user markets such as automotive, aerospace & defense and consumer electronics. MEMS mirrors are used in a variety of applications including adaptive cruise control systems, lane departure warning systems and parking assistance systems among others.
MEMS mirrors have several advantages over conventional mechanical or electronic steering devices such as they offer high precision with low power consumption; they can be integrated with other sensors that use the image data generated by the sensor to make accurate decisions regarding vehicle position; their size allows them to be implemented in compact spaces within vehicles while providing large field of view resulting in enhanced safety features for drivers; and lastly they consume very little power even when turned off which makes them ideal for portable devices such as smartphones or tablets.
Regional Analysis:
North America dominated the market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to high product demand from various application segments, such as consumer electronics, industrial and others. High adoption rate of MEMS technology coupled with presence of a large number of players is also likely to drive growth in this region.
Asia Pacific regional market for micro-mirrors is anticipated to witness significant growth over the forecast period owing to rising investments by key industry players and increasing usage across several industries including automotive, defense & aerospace and robotics. In addition, growing use as components for LiDARs in military applications are further driving regional demand for micro-mirrors in recent years as they provide higher efficiency than conventional mirrors at a lower cost per unit area (LMA).
The European market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for miniaturization in electronics products
- Rising demand from the automotive industry
- Growing popularity of MEMS mirrors in medical applications
- Proliferation of 3D printing technology
- Advances in optical technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
MEMS Mirrors Market Research Report
By Type
1D, 2D
By Application
Automobiles, Robotics, Industrial, Others
By Companies
Hamamatsu, Mirrorcle Technologies, Inc, Opus Microsystems Corp, Wiotek
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global MEMS Mirrors Market Report Segments:
The global MEMS Mirrors market is segmented on the basis of:
Types
1D, 2D
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
Automobiles, Robotics, 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:
- Hamamatsu
- Mirrorcle Technologies, Inc
- Opus Microsystems Corp
- Wiotek
Highlights of The MEMS Mirrors 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:
- 1D
- 2D
- By Application:
- Automobiles
- Robotics
- 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 Mirrors 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 mirrors are a type of mirror that uses MEMS technology. This type of mirror is made up of many small, movable parts that can be adjusted to create an accurate image.
Some of the major players in the mems mirrors market are Hamamatsu, Mirrorcle Technologies, Inc, Opus Microsystems Corp, Wiotek.
The mems mirrors market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MEMS Mirrors 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 Mirrors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MEMS Mirrors 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 Mirrors 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 Mirrors Market Size & Forecast, 2020-2028
4.5.1 MEMS Mirrors Market Size and Y-o-Y Growth
4.5.2 MEMS Mirrors 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 1D
5.2.2 2D
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 Automobiles
6.2.2 Robotics
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MEMS Mirrors 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 Mirrors 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 1D
9.6.2 2D
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 Automobiles
9.10.2 Robotics
9.10.3 Industrial
9.10.4 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 1D
10.6.2 2D
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 Automobiles
10.10.2 Robotics
10.10.3 Industrial
10.10.4 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 1D
11.6.2 2D
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 Automobiles
11.10.2 Robotics
11.10.3 Industrial
11.10.4 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 1D
12.6.2 2D
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 Automobiles
12.10.2 Robotics
12.10.3 Industrial
12.10.4 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 1D
13.6.2 2D
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 Automobiles
13.10.2 Robotics
13.10.3 Industrial
13.10.4 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 Mirrors Market: Competitive Dashboard
14.2 Global MEMS Mirrors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hamamatsu
14.3.2 Mirrorcle Technologies, Inc
14.3.3 Opus Microsystems Corp
14.3.4 Wiotek
