Micro Electrical Mechanical Systems Market
Electrical
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Systems
Micro Electrical Mechanical Systems Market Size and Growth
The Micro Electrical Mechanical Systems (MEMS) market is experiencing robust growth, driven by advancements in sensing and actuating technologies across automotive, consumer electronics, and medical sectors. The global market size was valued at approximately $18 billion in 2022, with expectations to reach around $30 billion by 2027, reflecting a strong CAGR.
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Companies Covered
(Covid 19 Impact Covered)
◍ Analog Devices
◍ Bosch
◍ InvenSense
◍ Knowles
◍ STMicroelectronics
◍ Texas Instruments
◍ AAC Technologies
◍ Delphi
◍ GoerTek
◍ Infineon
◍ Maxim Integrated
◍ Murata
◍ Schneider Electric
◍ Sensata Technologies
◍ Silicon Labs
The Micro Electrical Mechanical Systems (MEMS) market features key players like Analog Devices, Bosch, and STMicroelectronics, focusing on sensors and actuators. Companies drive market growth through innovation and applications in automotive, consumer electronics, and healthcare. Notable revenues include Bosch ($47 billion) and STMicroelectronics ($12 billion) to enhance MEMS adoption.
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