Global MEMS Market for Mobile Devices 2016-2020
Market outlook of the MEMS market for mobile devices
Technavio’s research analyst predicts the global MEMS market for mobile devices to grow at a CAGR of close to 10% during the forecast period. The constantly changing technology in the mobile device segment requires integration of MEMS to support new applications and features, and it is a key driver for the market. Different kinds of MEMS provide different features to mobile devices, thereby increasing the demand in the overall MEMS market.
Key findings of this research indicate, the emerging economies such as China, India, Japan, Korea, and Taiwan are witnessing huge demand for mobile device components because of high concentration of device manufacturers supported by low labor cost.
Product segmentation and analysis of the MEMS market for mobile devices
- Pressure sensors
Pressure sensors segment dominates this market, and it is expected to grow at a CAGR of 9% during the forecast period due to the increasing application of GPS in mobile devices. Accelerometers and gyroscopes can be used interchangeably and, these components together cover a large share of this market. The smallest segment is oscillators, which were introduced in mobile devices in 2013.
Segmentation by end-user and analysis of the MEMS market for mobile devices
Smartphones accounted for 87% of the market share in 2015. The growing demand for smartphones is driving the market for MEMS. Many low-priced smartphones are penetrating the market, thus increasing demand for MEMS.
Geographical segmentation and analysis of the MEMS market for mobile devices
APAC accounted for 66% of the market share during 2015, and it is expected to grow at a CAGR of close to 10% during the forecast period. The presence of a large number of mobile device manufacturers and the shifting of their production facilities from other regions to the Asian countries are the primary drivers for the market growth in this region.
Competitive landscape and key vendors
Vendors in this market compete on the basis of price, quality, technology, and innovation. The high vendor competition has led to an increased number of mergers and acquisitions, wherein smaller entities are being acquired by or are being merged with, major players.
The leading vendors in the market are -
- Asahi Kasei Microdevices
- Bosch Sensortec
Other prominent vendors in the market include Analog Devices, Avago, Freescale Semiconductor, Kionix, Knowles, Omron, and Texas Instruments.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global MEMS market for mobile devices?
- What are the key market trends impacting the growth of the MEMS market for mobile devices?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global MEMS market for mobile devices?
- What are trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the MEMS market for mobile devices?
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