Automotive MEMS Sensor Market Size To Be Worth USD 4.84 Billion by 2027 | Emergen Research

Automotive MEMS Sensor Market Size To Be Worth USD 4

Vancouver, British Columbia, Dec. 10, 2020 (GLOBE NEWSWIRE) — The Global Automotive MEMS Sensor Market is projected to be worth USD 4.84 Billion by 2027, according to a current analysis by Emergen Research. The Global Automotive MEMS Sensor Market is expected to expand at a substantial rate in the forecast period due to the rising ADAS integration in the vehicle. Besides, the growing adoption of electric vehicles is expected to propel the market growth over the forecast timeframe. With evolving market trends, carmakers are shifting toward electric vehicles and autonomous vehicles to satisfy the demands of customers of the next generation. The rising integration of IoT technology in the vehicle to provide smart connectivity and advanced features is also anticipated to propel the market growth in the forecast period.The complex production method of MEMS to prevent pollution of electrical and other materials is likely to hinder market growth over the forecast timeline.Get FREE Sample Copy with TOC of the Report to understand the structure of the complete report@ https://www.emergenresearch.com/request-sample-form/332Key Highlights From The ReportIn December 2019, Norstel AB was acquired by STMicroelectronics N.V. This acquisition was intended to expand ST’s internal SiC ecosystem from material expertise and process engineering through to SiC-based MOSFET and diode design and production.Due to advanced features and advantages, such as fast hydraulic brake malfunction detection, refinement of the airflow fuel blend, automated elimination of exhaust pollutants, recirculation monitoring of exhaust, preventing doors from trapping fingers, and triggering airbags more efficiently, the Pressure Sensor segment is expected to witness significant market growth in the forecast period.Due to the cost-effective equipment and easy-to-configure advantages, the aftermarket segment is expected to expand at a steady pace.Over the forecast timeline, the commercial segment is expected to see steady growth as it facilitates lane departure functionality, speed, and pressure monitoring, which makes the car safer and much more efficient.As the rising automotive versatility ensures that more electronic and electrical ancillaries are implemented, the Body Electronics segment is anticipated to expand substantially over the forecast timeframe.Due to the growing vehicle fleet of automotive MEMS sensors in the Asia Pacific market, growth in the predicted timeframe is projected to be the fastest.Key participants include InvenSense, Inc., Analog Devices, Inc., Panasonic Corporation, Sensata Technologies, Inc., General Electric Company, Robert Bosch GmbH, Freescale Semiconductor, Inc., Murata Manufacturing Co., Ltd., STMicroelectronics N.V., and Hitachi, Ltd. among others.ORDER NOW (Customized Report Delivered as per Your Specific Requirement)@ https://www.emergenresearch.com/select-license/332
Emergen Research has segmented the Global Automotive MEMS Sensor Market on the basis of type, sales channel, vehicle type, application, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)GyroscopePressure SensorAccelerometerOthersSales Channel Outlook (Revenue, USD Billion; 2017-2027)OEMsAftermarketVehicle Type Outlook (Revenue, USD Billion; 2017-2027)CommercialPassengerApplication Outlook (Revenue, USD Billion; 2017-2027)PowertrainInfotainmentChassis & SafetyBody ElectronicsOthersTo identify the key trends in the industry and read full summary click on the link:   https://www.emergenresearch.com/industry-report/automotive-mems-sensor-marketRegional Outlook (Revenue, USD Billion; 2017-2027)North AmericaU.S.CanadaMexicoEuropeGermanyU.K.FranceBENELUXRest of EuropeAsia PacificChinaJapanSouth KoreaIndiaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaU.A.E.Rest of MEATake a Look at our Related Reports:Autonomous Delivery Vehicles Market By Type (Aerial Delivery Drones, Ground Delivery Vehicles), By Component (Hardware, Software), By Application (Manufacturing, Restaurants. Retail, Logistics, Healthcare, Others), and By Region, Forecasts to 2027Automotive MEMS Sensor Market By Type, By Sales Channel (OEMs, Aftermarket), By Vehicle Type (Commercial, Passenger) By Application (Powertrain, Infotainment, Chassis & Safety, Body Electronics, Others), By Region Forecasts to 2027Mobility as a Service Market By Service Type (Ride-hailing, Self-driving car service, Bi-cycle sharing), By Application (Android, iOS), By Business Model (B2B, B2C, P2P Rentals), By Vehicle Type (Passenger cars, Buses, Bikes), and By Region, Forecasts to 2027About Emergen ResearchEmergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.Contact Us:Eric LeeCorporate Sales SpecialistEmergen Research | Web: www.emergenresearch.comDirect Line: +1 (604) 757-9756E-mail: sales@emergenresearch.comFacebook | LinkdIn | Twitter | BlogsRead Full Press Release@ https://www.emergenresearch.com/press-release/global-automotive-mems-sensor-market

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