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Opportunities for automotive MEMS sensors to reach $3.6 billion by 2021

Publish Date: 13-09-2017 04:53:17 | Contact name: Lucintel | Location: USA | 18 times displayed |



According to a new market report published by
Lucintel, the future of the global automotive MEMS sensor market looks good
with opportunities in the pressure sensor, accelerometer, gyroscope, and others.
The global automotive MEMS market is expected to reach an estimated $3.6 billion
by 2021 and is forecast to grow at a CAGR of 5.4% from 2016 to 2021. The major drivers
of growth for this market are continuous increases in the electronic content
per vehicles and various governmental regulations for fuel emissions and safety
in vehicles and increasing automotive production.



In this market, safety and chassis, powertrain,
infotainment, and body and convenience are some of the major segments of
automotive MEMS sensors. On the basis of its comprehensive research, Lucintel
forecasts that the body and convenience and infotainment segments are expected
to show above average growth during the forecast period of 2016 to 2021 due to surging
income level and rising preference for high-end vehicles.



Within the global automotive MEMS sensor
market, the safety and chassis segment is expected to remain as the largest market
due to continuous implementation of vehicle safety regulations and increased
awareness about safety among customers, which would spur growth for this
segment over the forecast period.



By product type, the largest segment is
expected to continue to be the pressure sensor segment. Accelerometer and gyroscope are
expected to show above average growth during the forecast period due to
increasing demand for high-end options in vehicles.



North America is expected to remain the
largest market due to high growth in mid-size, luxury and light vehicle production,
continuous implementation of regulations on fuel emission and safety.



Europe and APAC are expected to witness
significant growth over the forecast period because of strict government
regulations on fuel emission and safety of vehicles, high growth in vehicle
production and sales combined with continuous demand for safety and comfort
features.



For business expansions, the report suggests
innovations and new product development, to produce high-performance and energy
efficient sensors. The report
further suggests the development of closer partnerships with customers, and the
development of low-cost solutions.





Emerging trends, which have a direct impact on
the dynamics of the industry, include development of MEMS sensor on 300mm
wafers and development of MEMS triaxial acceleration sensor. Robert Bosch GmbH,
Sensata technologies, Inc., Freescale Semiconductor, Inc., Analog Devices, Inc.,
and Infineon Technologies AG are the major MEMS sensor suppliers in the global automotive
MEMS sensor market. Some companies are also pursuing mergers and acquisitions
as strategic initiatives for driving growth.





Lucintel, a leading global strategic
consulting and market research firm, has analyzed growth opportunities in the
global automotive MEMS sensor market by product type, application type, and
region, and has come up with a comprehensive research report, “Growth
Opportunities in the Global Automotive MEMS Sensor Market 2016-2021: Trends,
Forecast, and Opportunity Analysis
.” The Lucintel report serves as a
springboard for growth strategy, as it provides a comprehensive data and
analysis on trends, key drivers, and directions. The study includes a forecast for
the growth opportunities in the global automotive MEMS sensor market by product
type, application type, and region, as follows:



Product type ($ Million from 2010 to 2021)



·
Pressure Sensor



·
Accelerometer



·
Gyroscope



·
Others





Application type ($ Million from 2010 to 2021)



·
Safety and Chassis



·
Powertrain



·
Infotainment



·
Body and Convenience





Region ($ Million from 2010 to 2021)



·
North America



·
Europe



·
Asia Pacific



·
Rest of the World





This
162-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel
offerings include Mass Transportation, Transportation Market Report, Capital
Investment Analysis
, Strategic
Growth Consulting
and Due Diligence.





About
Lucintel



Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.



This
report addresses the following key questions:



Q. 1. What
are some of the most promising, high-growth opportunities for the automotive MEMS
sensor market by product type (Pressure Sensor, Accelerometer, Gyroscope, and
Others), application (Safety and Chassis, Powertrain, Infotainment, and Body
and Convenience), and region (North America, Europe, Asia Pacific, and the Rest
of the World)?



Q. 2. Which segments will grow
at a faster pace and why?



Q. 3. Which region will
grow at a faster pace and why?



Q.4. What are
the key factors affecting market dynamics? What are the drivers and challenges
of the market?



Q.5. What are the
business risks and threats of this market?

Q.6. What
are the emerging trends in this market and reasons behind them?



Q.7. What
are some changing customer demands in the market?



Q.8. What are
the most notable new developments in the market? Which companies are leading
these developments?



Q.9. Who are the
major players in this market? What strategic initiatives have been taken by key
players for business growth?



Q.10. What is the competitive rivalry and the
threat of substitution in this market?



Q.11. What have been the M&A activities in the last
5 years in this market?





Contact Lucintel: Opportunities for automotive MEMS sensors to reach $3.6 billion by 2021

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