Market Overview

The MEMS pressure sensors market was valued at USD 2339.03 million in 2019?and is expected to reach a value of USD 3171.53 million by 2025, registering a CAGR of 5.3% over the forecast period (2020-2025). Emerging sensor-rich applications such as autonomous vehicles, drones, and AR/VR equipment are accelerating the need for MEMS pressure sensors.?

  • The automotive industry, which is presently undergoing a technology transition with a major focus on increasing safety, comfort, and entertainment provides ample opportunities for MEMS pressure sensors.
  • The miniature size of MEMS pressure sensors is of great importance for utilizing it in the design scheme in the automotive industry, making it an essential factor for its massive adoption.
  • Industry 4.0 revolution, where machines are becoming more intelligent and intuitive, is increasing the need for industrial applications of MEMS sensors.
  • The increasing military spending across regions is paving the way for technologies like drones/unmanned aerial vehicles (UAVs). In addition to that, the usage of MEMS pressure sensors in traditional fighter jets with high-end navigation systems is increasing significantly.



Scope of the Report

In the scope of the MEMS Pressure Sensors study, only Silicon material has been considered, since MEMS pressure sensor chips are primarily built from silicon, assembled generally with an ASIC chip, and packaged in a first level packaging.

Key Market Trends

Automotive Application to Hold Major Share

  • Sensors and Actuators are components of automotive electronic control systems. Hence, the type of sensors and actuators required are dictated by the desired control system function. With the advent of engine control systems, the need for sensors on both the input and the exhaust sides of the engine came into effect. A manifold absolute pressure (MAP) and a manifold air temperature (MAT) sensor were used to compute the density of air entering the engine.
  • In the event of a severe side impact, MEMS pressure sensors help gain precious reaction time by measuring the steep and quick increase of pressure within the cavities of passenger car doors.
  • Even before the accelerometers attached to the airbag control unit receive a signal indicating a heavy impact, the pressure sensors are capable of indicating that the door cavities have been compressed by accident.
  • This early detection gives the airbag control unit additional time to run sophisticated algorithms to determine the airbag-deployment strategy that will deliver optimal passenger protection, and with the increasing penetration of autonomous vehicles, it is expected to further augment the growth of the market.



North America to Hold Major Share

  • Stringent government regulations regarding safety and significantly growing automotive and aerospace industries are driving the market for MEMS pressure sensors in North America.
  • The emergence of information technology, coupled with the increased usage of IoT across a wide range of manufacturing, industrial, and automotive applications, has added a new dimension to the way of conducting business operations in the region.
  • The region houses 8 out of 10 largest medical device companies, including Medtronic, Johnson & Johnson, GE Healthcare, Baxter, Becton Dickinson, Cardinal Health, Abbott Labs, and Stryker. With production expected to increase over the forecast period considering the demand, both domestic and across regions (China, Canada, and Mexico accounted for 26.1% of all US medical device exports in 2017), the scope for MEMS pressure sensors is significant.



Competitive Landscape

The MEMS pressure sensors market is highly competitive and consists of several major players. The market is experiencing consolidation, as various players are acquiring similar businesses to expand their product portfolios. With sustainable sensors, many of the companies are increasing their market presence by securing new contracts by tapping new markets. Major players are adopting strategies like product innovation and mergers and acquisitions to expand their reach. Some of the major players in the market are Bosch Sensortec GmbH, Murata Manufacturing Co. Ltd, Infineon Technologies AG, Honeywell International Inc. among others.

  • January 2019 - ST Microelectronics partnered with Arilou Information Security Technologies, a supplier of high-end cybersecurity solutions for the automotive industry, for the integration of Arilou’s Intrusion Detection and Prevention system (IDPs) Software solution into ST’s SPC58 Chorus series of 32-bit automotive microcontrollers (MCUs).
  • October 2018 - Murata developed the world’s smallest 32.768 kHz MEMS resonator, which is expected to make a significant contribution to reducing the size and power consumption of IoT devices, wearables, and healthcare devices.



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