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Global Automotive Micro Electro Mechanical Systems MEMS Sensor Market Analysis 2024, Forecast To 2033

10 Sep, 2024

The automotive micro electro mechanical systems (MEMS) sensor market has grown rapidly, with its size increasing from $2.75 billion in 2023 to $3.11 billion in 2024, at a compound annual growth rate (CAGR) of 13.2%. This growth is due to the increasing usage of the internet and data consumption, a rising focus on safety and security, the need for battery monitoring, and strict automotive safety regulations. By 2028, the market is expected to reach $5.14 billion, with a CAGR of 13.4%, driven by stringent government regulations on emission standards and safety, increasing electric vehicle adoption, and the rising demand for advanced driver assistance systems (ADAS). Notable trends during the forecast period include innovations in sensor technology, the development of modern safety sensors, and high-accuracy inertial measurement unit (IMU) sensors.

Global Automotive Micro Electro Mechanical Systems MEMS Sensor Market Key Driver

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Global Automotive Micro Electro Mechanical Systems MEMS Sensor Market Segments

The automotive micro electro mechanical systems (MEMS) sensor market covered in this report is segmented –
1) By Type: Tire Pressure Sensors, Engine Oil Sensors, Combustion Sensors, Fuel Injection And Fuel Pump Sensors, Air Bag Deployment Sensors, Gyroscopes, Fuel Rail Pressure Sensors, Accelerometer, Other Types
2) By Vehicle Type:Passenger Vehicle, Commercial Vehicle
3) By Sales Channel: Original Equipment Manufacturer, Aftermarket
4) By Application: Powertrain, Infotainment, Telematics, Chassis And Safety, Body Electronics, Other Applications
By Geography:The regions covered in the automotive micro electro mechanical systems (MEMS) sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. North America was the largest region in the automotive micro electro mechanical systems (MEMS) sensor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.

Major Automotive Micro Electro Mechanical Systems MEMS Sensor Industry Players

Continental AG, Honeywell International Inc., Texas Instruments, TE Connectivity Ltd., STMicroelectronics NV, Murata Manufacturing Co. Ltd., NXP Semiconductors, Omron Corporation, Keyence Corporation, Sensata Technologies Inc., Melexis, Knowles Corporation, InvenSense Inc., Micralyne Inc., Bosch Sensortec, Silicon Sensing Systems Ltd., Dytran Instruments Inc., Robert Bosch GmbH, Tronics Microsystems, Silicon Designs Inc., Infineon Technologies AG, Freescale Semiconductor Inc., Alps Electric Co. Ltd.

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Automotive Micro Electro Mechanical Systems MEMS Sensor Market Overview

An automotive micro electro mechanical systems (MEMS) sensor is a tiny device that measures movements and conditions in cars to improve safety and performance. It is used in electronic stability control (ESC), tire pressure monitoring systems (TPMS), inertial measurement units (IMUS), and engine management.

Automotive Micro Electro Mechanical Systems MEMS Sensor Global Market Report 2023 provides data on the global automotive micro electro mechanical systems mems sensor market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The automotive micro electro mechanical systems mems sensor market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.