WinterGreen Research announces that it has published a new study Micro-Electro-Mechanical Systems (MEMs) Sensors: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2024. The 2018 study has 312 pages, 135 tables and figures. The leading vendors in the <E<s Sensor industry have invested in high-quality technology and processes to develop leading edge capability for smart devices, IoT, robots, and drones.
MEMs organic volume growth has been relatively slow as existing motion sensor and traditional end-product markets achieve market saturation. There are new and growing opportunities, including the newer IoT applications that are in the early adopter phase. IoT sensors have yet to gain significant market traction but they will, once units are proven in real life situations of the digital economy, self-driving cars, drones, traffic lights, and smart things. According to Susan Eustis, leader of the team that prepared the research, “MEMS suppliers have a focus on sensor improvement. Power and performance are being improved.” “Everything will be connected,” said SoftBank Chief Executive Masayoshi Son, announcing a ARM processor deal in London. “Cows will be connected, chickens will be connected, the sheep will be connected.”