How big is the MEMS Sensor Market?

The MEMS Sensor Market size is expected to reach USD 17.18 billion in 2024 and grow at a CAGR of 9.17% to reach USD 26.65 billion by 2029. Read More

What is the current MEMS Sensor Market size?

In 2024, the MEMS Sensor Market size is expected to reach USD 17.18 billion. Read More

Which is the fastest growing region in MEMS Sensor Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in MEMS Sensor Market?

In 2024, the Asia-Pacific accounts for the largest market share in MEMS Sensor Market. Read More

What years does this MEMS Sensor Market cover, and what was the market size in 2023?

In 2023, the MEMS Sensor Market size was estimated at USD 15.74 billion. The report covers the MEMS Sensor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the MEMS Sensor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

MEMS Sensor Market Share

Statistics for the 2023 & 2024 MEMS Sensor market share, created by Mordor Intelligence™ Industry Reports. MEMS Sensor share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of MEMS Sensor Industry

The MEMS sensors market is relatively competitive and consists of numerous significant players. In terms of market share, a few crucial players, such as STMicroelectronics NV, Invensense Inc. (TDK Corp), Bosch Sensortec GmbH (Robert Bosch GmbH), Analog Devices Inc., and Murata Manufacturing Co. Ltd, currently hold a significant market share. Additionally, these companies continuously innovate their products to increase their market share and profitability.

April 2022: Bosch Sensortec released its first capacitive barometric pressure sensor, the BMP581. The energy-efficient barometric is a highly accurate altitude-tracking IC that can provide precise location information for indoor localization, floor detection, and navigation applications. The sensor supports multiple communication interfaces, including I2C, I3C, and SPI digital serial interfaces. Its small size and low power consumption create it ideal for smart wearables, hearables, and IoT applications.
January 2022: TDK introduced the most recent MEMS microphone with SoundWire functionality. The new T5828 MEMS (micro-electromechanical system) microphone complies with the MIPI SoundWire protocol. It includes 68dBA SNR (signal-to-noise ratio) and acoustic activity detect elements with always-on ultra-low power mode.