How To Choose The Best Wicker Manufacturer Home Repair Articles | September 20 Throwback St.Louis Blues Jerseys , 2010 Because there are many so many different manufacturers of this type of furniture, it is important that you consider all of your options before deciding. No matter what you are looking for in terms of...
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Micro-Electro-Mechanical Systems (MEMS) Market Projected to reach 18.88 Billion USD by 2022 | Key players include STMicroelectronics N.V., Robert Bosch GmbH and NXP Semiconductors N.V.
by nareshkumar · January 18, 2019
According to the new market research report “Micro-Electro-Mechanical Systems (MEMS) Market by Sensor Type (Inertial Cheap St.Louis Blues Jerseys , Pressure, Microphone, Environmental, and Optical), Actuator Type (Optical, Inkjet Head Vladimir Sobotka Blues Jersey , Microfluidics, and RF), Vertical, and Geography – Global Forecast to 2022″, the MEMS market is expected to be valued at USD 18.88 Billion by 2022, growing at a CAGR of 9.8% between 2017 and 2022. The major factors driving this growth of this market include the growing demand for smart consumer electronics and wearable devices and introduction of efficient Colton Parayko Blues Jersey , economical, and compact MEMS technology.
Consumer electronics vertical is expected to hold the largest market share during the forecast period
The MEMS market for consumer electronics is expected to hold the largest share between 2017 and 2022. This growth is attributed to the increasing usage of MEMS in electronics such as wearable devices; smartphones, tablets, and laptops; portable navigation devices; portable media players; digital cameras; and gaming consoles; as well as e-readers. Some of the most commonly used MEMS in consumer electronics include accelerometers, gyroscopes, magnetic compass Carter Hutton Blues Jersey , pressure sensor, temperature and humidity sensor, MEMS microphone, MEMS micro-mirror, bulk acoustic wave (BAW) filters and duplexers, and RF switches.
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Inertial Sensor to hold the largest market share during the forecast period
The MEMS market for the inertial sensor is expected to hold the largest share between 2017 and 2022. This growth is attributed to the increasing usage of inertial sensors Jake Allen Blues Jersey , such as accelerometer, gyroscope, magnetometer, and inertial combo sensor in automotive applications such as electronic stability control (ESC), traction control system (TCS), and anti-lock braking system (ABS). Moreover Kyle Brodziak Blues Jersey , this growth is attributed to the high adoption in consumer and wearable applications for location-based services, gaming, built-in compass app providing screen orientation and for undoing actions by shaking the device.
APAC is expected to hold the largest market share during the forecast period
Asia Pacific (APAC) held the largest share in 2016 and is expected to dominate the MEMS market with the largest share between 2017 and 2022. APAC is a major market for consumer electronics, automotive and industrial verticals. Moreover, APAC has become a global focal point for large investments and business expansion opportunities.
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