Increasing Potential of Wireless Communication Modules Boosting the Demand for High-End Consumer Electronics and Autonomous Vehicles in MEMS Market: IndustryARC

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Apart from consumer electronics; automotive, defense, mining, oil and gas industries are also using MEMS integrated technology in various wearable devices to improve army and workers safety and increase work efficiency. For instance, Defence and Security Accelerator (DASA) is interested to adopt technologies that can address injury prevention in the British Army by usage of wearable technology which was recorded as 58% due to Muscular-skeletal Injury (MSKI), 1.6% due to Heat and Non-Freezing Cold Injuries (NFCI) and 5% medically downgraded personnel due to Noise Induced Hearing Loss (NHIL) in December 2017. Hence, wide application of wearable creates an opportunity for wearable manufacturer and boost the growth of MEMS market.

In 2018, the Asia-Pacific (APAC) region generated the highest market share accounted 34%, followed by North America. In the upcoming years, number of investments is expected in Indian consumer electronics industry. For instance, as per the Indian Brand Equity Foundation (IBEF), India is the world's second largest manufacturer of mobile phones, with 120 factories as of July 2018, and production of around 225 million mobile units during 2017-2018. Among major developments, Samsung announced an investment of $746m to expand its manufacturing capacity in India from 68 million units to 120 million units. As MEMS is correlated to consumer electronics, the progressive investment is an opportunity for MEMS market to continue its growth.

MEMS Market Growth Drivers:

R&D Investment and Initiative, Funding:

In July 2018, Intel Corp. partnered with SiTime Corp. to integrate its 5G multi-mode radio modems. SiTime expects this integration to enhance performance and capacity of its 5G customers.

Austria-based USound that deals in micro-speakers, received investment amounting $30m in initial months of 2019. So far the company has produced up to 100,000 micro-speakers, and begun investing for development of second generation of MEMS speakers.

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The Major Players in this Market

The major players in the MEMS market are Broadcom Inc., Robert Bosch GmbH, Texas Instruments, STMicroelectronics, Qorvo, Inc., Hewlett Packard Enterprise Development LP, Knowles Electronics, LLC, NXP Semiconductors, Murata Manufacturing Co., Ltd., SAMSUNG and others.

The companies mentioned have been continuously focusing on new approaches to sustain MEMS growth. Such developments and collaboration will drive the next round of utilization across the electronic, automotive, and healthcare industries, aerospace and defense and other industries.

STMicroelectronics offers a wide range of MEMS and sensor functionalities for several end user industries. STMicroelectronics is providing a complete range of suitable products and predictive maintenance systems. In February 2019, Murata Manufacturing Co., Ltd., Cypress Semiconductor Corporation, and NXP Semiconductors collaborated to provide IoT developers wireless connectivity and processing that will reduce the connectivity time. The partnership will provide full range of Wi-Fi solutions across the industrial, automotive and IoT areas.

Conclusion

Increasing adoption of smart devices in electronics gadgets such a smartphones, wearable devices, with ability to track motion and fitness performance accurately using sensors, accelerometer gyroscopes and others are rapidly boosting the growth of MEMS market. Apart from consumer electronics, automotive industry also play a vital role, as rising concern of accidents has increased the deployment of safety technologies mandatory in the automotive. The MEMS manufacturers are focusing on new cost-effective approaches that work without compromising with quality. Additionally, wide application of MEMS in electronics, automotive and aerospace & defense industry is positively impacting the MEMS market growth.

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