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Car safety drives growth of automotive MEMS sensor market

Posted: 05 Mar 2015     Print Version  Bookmark and Share

Keywords:automotive MEMS sensor  vehicle safety  automobiles  pedestrian protection 

The automotive MEMS sensor market is expected to reach $3.6 billion by 2020 at a CAGR of 4.7 per cent between 2014 and 2020, according to MarketsandMarkets. The result was published in its research report "Automotive MEMS Sensor Market by Type (Inertial Sensor, Microphone, & Pressure Sensor), Application (ADAS, ECU, ESC, HVAC, Safety & Security, In-Car Navigation, OIS Camera, Microphone in Cabin, & TPMS), & Geography—Analysis & Forecast (2014—2020)."

Automotive MEMS sensors are being used for controlling various elements of the automobiles. MEMS-based sensors utilise very small mechanical and electrical components on a single chip. The increasing demand for safety and security in the automobiles is the main factor, which is playing a vital role for the growth of this market.

Automotive MEMS sensors provide various advantages of high efficiency, small size and low cost. They can be used in a number of applications such as tyre pressure monitoring systems, oil pressure sensing, pedestrian protection and in exhaust gas recirculation.

 Automotive MEMS sensor market size

Automotive MEMS sensor market size by value ($ million) 2013–2020. (Source: MarketsandMarkets Analysis)

According to the World Health Organisation (U.S.), about 1.2 million people are killed in road accidents every year and about 50 million people get injuries. The automotive MEMS sensors play an important role in providing safety to the vehicles, which would act as a catalyst for the growth of this market. The automotive MEMS sensor market serves a vast range of industry verticals ranging from very small consumer electronic devices to very large automotive manufacturers.

The Americas and Europe are the largest geography in terms of the market value. Asia-Pacific has been identified as the fastest-growing region, with India leading the way, while the RoW (Rest of World) is also among the major regions that are helping in the growth of this market. The report profiles the 14 most promising players in the automotive MEMS sensor market.

The competitive landscape of the market presents a very interesting picture, wherein the market players from different blocks of the automotive MEMS sensor market value chain has got together to become a force to reckon with. The market is witnessing a large-scale collaboration and partnership across the value chain with a number of Tier 1 players around the globe.

Major players in this market include: InvenSense, Inc. (U.S.), Analog Devices, Inc. (U.S.), Robert Bosch GmbH (Germany), General Electric Company (U.S.), Panasonic Corporation (Japan), Infineon Technologies AG (Germany), Sensata Technologies, Inc. (U.S.), Hitachi, Ltd. (Japan), Freescale Semiconductor, Inc. (U.S.), Harman International (U.S.), Murata Electronics Oy (Finland), STMicroelectronics (Switzerland), Freescale Semiconductor, Inc. (U.S.), and Delphi Automotive PLC (UK).

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