Automotive MEMS Market Shares, Strategies and Forecast Worldwide, 2016 to 2026
Future Market Insights has announced the addition of the "Automotive MEMS Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering.
Valley Cottage, April 11, 2016 (Newswire.com) - Micro-Electro-Mechanical Systems (MEMS) is a technology whereby mechanical and electromechanical elements are miniaturized. These elements are made using micro-fabrication techniques and run on electricity. MEMS technologies are used in automotive industries, known as automotive MEMS, to enhance the safety features of the vehicle. Electronic Stability Control (ESC), airbags, Tire Pressure Monitoring System (TPMS) and navigation are some of the major automotive applications where MEMS systems are installed. Automotive MEMS technology can also be implemented for various applications including safety and control, powertrain, infotainment, comfort and convenience and vehicle security systems among others.
Automotive MEMS Market: Drivers and Restraint
Increasing number of customers looking for enhanced safety features such as stability, convenience and comfort is the primary factor fuelling the growth of automotive MEMS market. This is encouraging the manufacturers of cars to continuously upgrade their models and implement technologically advanced safety features in the automotive vehicle. Implementation of automotive MEMS enables integration of electronics and accelerometer onto a single chip.
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Anti-theft systems, rollover detection, vehicle dynamic control and crash sensing are some of the recent advancements in the field of automotive MEMS technologies. Installation of technologically advanced automotive MEMS systems in vehicles helps the cars manufacturers to obtain competitive edge by differentiating its products from other vendors thus contributing to the growth of the overall automotive MEMS market. Government regulations for emission and fuel efficiency standards further trigger the adoption of MEMS systems in order to operate engine efficiently with reduced carbon emission. Government emissions in the developing economies such as India and China for reducing fuel emissions foresee tremendous growth for the automotive MEMS market.
However, lack of sound knowledge of driver or the technicians about the technicalities of the system is one of the constraints of the market. Also, these MEMS systems are not standardized and every car manufacturer has its own system which further increases the complications of drivers and technicians in understanding the operations of the system. Further, regions with harsh climatic conditions such as continuous rainfall and snow may affect the operations of such systems. In addition, replacing the entire MEMS system for a minor fault may be unaffordable for few car owners, which is also one of the challenge to the growth of the market. These factors adversely impact the growth of automotive MEMS market.
Automotive MEMS Market: Segmentations
Automotive MEMS Market can be segmented on the basis of type, applications and regions. On the basis of type, the automotive MEMS Market is further segmented into pressure sensor, accelerometer, gyroscope, flow sensor and others. Automotive MEMS are used for various applications including safety and chassis, powertrain, body and convenience, infotainment and other applications such as engine management system, peripheral pressure sensors, fuel injection systems, seat occupancy, and oil pressure sensing.
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Segmentation on basis of regions:
Automotive MEMS Market is sub-segmented into 7 key regions- North America, Latin America, East Europe, West Europe, Asia-Pacific excluding Japan, Japan and Middle East & Africa.
Automotive MEMS Market: Region wise outlook
Currently, North America and Western Europe lead the global market of Automotive MEMS as they are the base of the top OEMs, such as General Motors Company (U.S), Ford Motor Company (U.S), Chrysler(FCA US LLC), Volkswagen (Germany), and Peugeot (France), participating as great benefactors to the growth of the automotive MEMS market in the region. Other potential factors driving these automotive MEMS markets is miniaturization and improved communication capabilities, enabling the integration of key sensors into vehicles without disturbing the basic functions of the vehicle.
The developing economies such as Brazil, China, India and South Africa are witnessing high growth rates and are expected to have substantial market share in the near future. The growth in these countries can be attributed to the rising demand for automobiles with advanced features such as MEMS-based air conditioning, airbag and pressure sensors for continuous variable transmission systems. Additionally, stringent legal and regulatory standards by governments in these countries have mandated inclusion of sensors in vehicles, which is further estimated to positively impact market growth over the forecast period.
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Automotive MEMS Market: Key Players
Some of the prominent players in the global automotive MEMS market include Robert Bosch GmbH, General Electric Company, Analog Devices Inc., ST Microelectronics N.V., Sensata Technologies Inc., Panasonic Corporation, Infineon Technologies AG, Delphi Automotive PLC and Freescale Semiconductors Ltd.