Automotive MEMS Market-Trends and Forecast (2015-2020)
Micro-electromechanical System (MEMS) are small integrated devices or systems that combine electrical and mechanical components. The MEMS that are used in automotive applications are called automotive MEMS. Various mechanical devices such as sensors, actuators, gears and mirrors embedded in semiconductor chips are used in automotive applications like Tire pressure management systems, accelerometers in automotive airbags, pressure sensors for engine management, IR sensors for cabin temperature management etc.
Growing concerns about vehicle safety and stringent carbon emission standards are the main reasons for increasing applications of MEMS in the automotive industry. Potentially these systems can be built in large quantities at low cost, making them cost effective for many purposes. Further, the report states that the main challenge hindering the growth of automotive MEMS market is the complexity in designing and complying with safety norms at low costs. This report segments the market by geography (North America, Europe, Asia Oceania and Rest of World), by material used (Silicon, Polymer, Metals, Ceramics and Others) and by applications (Vehicle security systems, comfort and convenience, infotainment, powertrain, engine management system, and safety and control) with sizes in revenue ($million) and volume (units). Market forecasts are also provided for individual regions for the period from 2015 - 2020.
The report also provides comprehensive review of the market drivers, restraints, challenges and opportunities in the automotive MEMS market. Few of the key players like Denso, Freescale Semiconductors, Bosch, Sensata Technologies, Delphi Automotive, Analog Devices, Panasonic, GE measurement and controls amongst others have been identified and profiled.
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Growth opportunities and latent adjacency in Automotive MEMS Mark