Global MEMS Automobile Sensor Market Size, Share, and COVID-19 Impact Analysis, By Type (Pressure Sensor, Inertial Sensor, Microphone), By Application (Advanced Driver Assistance System, Electronic Control Unit, Electronic Stability Control, Heating Ventilation and Air Conditioning, Safety and Security, In-Car Navigation, OIS Cameras, Tire Pressure Monitoring System & Others), and by Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Analysis and Forecast 2022-2028

KEY MARKET INSIGHTS

The MEMS Automobile Sensor Market was valued at US$ 2.6 Bn in 2021 and is projected to reach US$ 4.3 Bn by 2028, at a CAGR of 9.3%. Microelectromechanical systems (MEMS) are devices that associate electrical and mechanical elements on a micrometer scale device. Sensors such as accelerometers, gyroscopes, digital compasses, inertial modules, pressure sensors, humidity sensors, and microphones are made using this technology, which incorporates very small moving mechanical elements and electrical components. Sensors made of microelectromechanical systems (MEMS) have a number of advantages, including accuracy and dependability, as well as the possibility to construct smaller electrical devices. As a result, they've gotten a lot of attention in recent years. MEMS sensors are finding new uses in miniaturized consumer devices such as IoT-connected devices and wearables.

COVID-19 ANALYSIS

The global mems automobile sensor market is negatively impacted by the outbreak of COVID-19. The outbreak's consequences and impact are expected to intensify in the coming months as the virus spreads. Several governments of a few countries are considering national-level lockdowns as a viable means of controlling viral transmission. The outbreak of Covid-19 has forced governments around the world to deploy severe rules such as lockdown, temporary shutdown, and social distancing, causing disruption in the production of raw materials and in turn increased the cost of raw materials. Shipments of raw materials, as well as revenue produced, have fallen. Furthermore, insufficient raw material supply will limit the rate of the mems automobile sensor, influencing the management of the mems automobile sensor supply chain. The Airports Council International (ACI) has cautioned that the COVID-19 outbreak's protracted length will have a substantial impact on the region's airport connectivity and economic sustainability, limiting the region's ability to achieve previously estimated growth possibilities. This chain of occurrences is expected to have a negative influence on the growth of the mems automobile sensor market in the future years.

LATEST TREND

Growing Demand of Safety and Security in Automotive Industry to Propel Growth for MEMS Automobile Sensor

The key driving factor for this market is the rising demand for safety and security in the advanced driver assistance system industry is likely to propel the growth of the global MEMS automobile sensor market. Every year, more than 1.35 million people are killed in traffic accidents around the world, according to the WHO. MEMS sensors play an important part in increasing car safety features and function as a stimulus for the market's growth. The MEMS sensor is used in various products such as airbags, smartphones, gyroscopes, accelerometers, e-compass and this will further fuel the expansion of the global MEMS automobile sensor market during the forecast period.

DRIVING FACTORS

Emergence of Industry 4.0 in Automation Will Propel the MEMS Sensor Market

The increased demand of industry 4.0 in automation is likely attributable to technological advancements that meet the growing demand for the growth of the global MEMS sensor market. The automotive and industrial are the two end user verticals which is getting benefitted majorly from the emergence of Industry 4.0. The MEMS automobile sensors offer superior accuracy, performances, flexibility and high quality required to satisfy Industry 4.0 requirements. Moreover, also saves power and multi-activated functions play crucial role for the growth of the global mems sensor market. For instance, STMicroelectronics offers Motion and environmental sensors for industrial applications in respect to industry 4.0.

Surging Urbanization and Electronic Control Unitization Across Developed Countries

Expanding urbanization and electronic control unitization, as well as increased power generation capacity, are all driving expansion in this market. Rising urbanization and digitalization across emerging countries is creating demand of uninsulated conductor. High performance gigabit processing speeds at low voltages are required to enable mass amounts of data to be handled. Due to these factors, the global mems automobile sensor market is growing.

RESTRAINTS

Lack of Standardization May Hinder the Market Growth

One of the main problems limiting market growth is the lack of standardization of different sensors. Despite these constraints, growing economies offer MEMS automobile sensors market players a plethora of fresh growth opportunities for future expansion is limiting the growth of the global mems automobile sensor market.

SEGMENTATION

The global mems automobile sensor market is segmented by Type (Pressure Sensor, Inertial Sensor, Microphone), by Application (Advanced Driver Assistance System, Electronic Control Unit, Electronic Stability Control, Heating Ventilation and Air Conditioning, Safety and Security, In-Car Navigation, OIS Cameras, Tire Pressure Monitoring System & Others) and region. Based on the type, the market is categorized into pressure sensor, inertial sensor, microphone. Based on application, the market is categorized into advanced driver assistance system, electronic control unit, electronic stability control, heating ventilation and air conditioning, safety and security, in-car navigation & others. Based on the region, the market is categorized into North America, Europe, Asia-Pacific, South America, Middle East and Africa.

Type Insights

Based on the type segment, the global mems automobile sensor market is categorized into pressure sensor, inertial sensor and microphone. The pressure sensor segment accounted largest market share in 2020 due to the growing demand for advanced technologies coupled with AI. The pressure sensor has multiple benefits coupled with robustness, lightweight, high density, and shock resistance. The pressure sensor is largely used to monitor tire pressure, airbag pressure, and engine pressure.

Application Insights

Based on the application segment, the global mems automobile sensor market is categorized into advanced driver assistance systems, electronic control unit, electronic stability control, heating ventilation and air conditioning, safety and security, in-car navigation, OIS cameras, tire pressure monitoring system & others. The advanced driver assistance system segment accounted largest market share in 2020 due to the advanced features along with better safety and security. Increasing smart devices and smart home is propelling the growth of the global MEMS automobile sensor market. Coupling with advanced technologies including IoT, artificial intelligence, machine learning, cloud computing, and others are used to secure data and collect information.

REGIONAL INSIGHTS

The global mems automobile sensor market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. The Asia Pacific is expected to dominate the market share of the global mems automobile sensor market owing to the increasing demand for the sensors for computers, communications, and safety and security applications, as well as for enhanced features and connectivity products. The automotive sector is rapidly developing in the economies like China and Japan. Furthermore, due to increased air passenger traffic, concerns about flight safety, and lower maintenance costs, the region is witnessing enormous expansion in the aviation sector, which has resulted in a demand for MEMS automobile sensors. Increasing digitalization and a huge population is creating the demand of MEMS automobile sensors in the region. However, North America is anticipated to emerge as the fastest-growing region over the forecast period. The presence of major key players and advanced technologies is propelling the growth of the global MEMS automobile sensors market.

KEY INDUSTRY PLAYERS: 

• Infineon Technologies AG
• Analog Devices Inc
• Delphi Technologies Plc.
• Texas Instruments Incorporated
• Denso Corporation
• TDK Corporation
• Murata Manufacturing co., Ltd
• Panasonic Corporation
• Robert Bosch GmbH
• NXP Semiconductors
• Senesta Technologies Inc
• STMicroelectronics
• Others

KEY INDUSTRY DEVELOPMENTS:

March 2022- Sensata Technologies announced collaboration with NIRA Dynamics AB Tread Depth Monitoring (TDM) ‘virtual sensor’ system for advanced driver assistance system OEMs which improves vehicle safety, efficiency and uptime. SensiML Corporation announced that it supports AI/ML development for the Arduino Nicla Sense ME featuring Bosch Sensortec sensors. 

April 2021- Bosch Sensortec launched 4-in-1 Environmental MEMS Automobile Sensor, air quality MEMS sensor that combines four sensing features gas, humidity, temperature, and barometric pressure with AI-based technology.

SEGMENTATION

By Type

• Pressure Sensor
• Inertial Sensor
• Microphone

By Application

• Advanced Driver Assistance System
• Electronic Control Unit
• Electronic Stability Control
• Heating Ventilation and Air Conditioning
• Safety and Security
• In-Car Navigation
• OIS Cameras
• Tire Pressure Monitoring System
• Others

By Region

• North America- U.S., Mexico, Canada
• Europe- UK, France, Germany, Italy
• Asia-Pacific- China, Japan, India
• Latin America- Brazil, Argentina, Colombia
• The Middle East and Africa- United Arab Emirates, Saudi Arabia