TechNavio today launched its report Global Micro-electromechanical System (MEMS) Market 2011“2014 based on an in-depth study. The report aims to aid decision makers™ understanding of the present and the future landscape of the Global Micro-electromechanical System market.
Commenting on the report, an analyst from TechNavio™s Hardware team said, Developments in MEMS technologies are driving the growth of automation in various manufacturing industries as users combine their operations with analog/digital input to control processes. Smart sensors with microcontrollers are adding workability to different sensor technologies while providing a simpler setup. Innovation is eliciting the adoption of new technologies, including smart sensor capabilities, wireless communications, MEMS-based components, and plug-and-play sensors. Many of these developed technologies are accessible and will be used in distinct manufacturing industries in the near future.
According to the report, automotive safety systems are used in an increasing number of vehicles, and the shipments of MEMS that are critical to their operation are intensifying even faster. The complexity in the safety systems is increasing with the increase in advancements and every new system manages to contain more sensors than the previous versions. Governments in many countries are making safety systems mandatory in vehicles. This is turning out to be highly beneficial to MEMS suppliers.
The report also discusses that one of the primary challenges faced by the Global MEMS market is the disruptive reduction in the average selling price (ASP) for MEMS devices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-micro-electromechanical-system-marke…
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TechNavio Announces the Publication of its Report – Global Micro-electromechanical System Market 2011-2014
