MEMS

Multi-Axis Sensor Market to Reach $3.1 Billion, Globally, by 2032 at 16.7% CAGR: Allied Market Research

Retrieved on: 
Friday, November 10, 2023
Machine learning, Electronics, AI, MEMS, Consumer electronics

WILMINGTON, Del., Nov. 10, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Multi-Axis Sensor Market By Type (MEMS Gyroscopes, MEMS Accelerometers, Digital Compass, Motion Sensor Combos, and Others) and Vertical (Consumer Electronics, Automotive, Aerospace and Defense, Industrial, and Others): Global Opportunity Analysis And Industry Forecast, 2023-2032". According to the report, the global multi-axis sensor market was valued at $693.8 million in 2022, and is projected to reach $3,140.1 million by 2032, registering a CAGR of 16.7% from 2023 to 2032.

Key Points: 
  • These factors are expected to drive the global multi-axis sensor market throughout the forecast period.
  • Moreover, the others segment is projected to manifest the highest CAGR of 20.81% from 2023 to 2032.
  • Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than half of the global multi-axis sensor market revenue.
  • North America region is expected to witness the fastest CAGR of 17.51% from 2023 to 2032 owing to increase in use of multi-axis sensor in automotive sector.

Global LiDAR Technology Market Set to Skyrocket to $7 Billion by 2028, Driven by Increasing Demand for 3D Imaging Across Industries

Retrieved on: 
Thursday, November 9, 2023
Unmanned aerial vehicle, Safety, UAV, Engineering, Plan, Area studies, Risk, Compound annual growth rate, Growth, Car, GIS, Temperature, MEMS, Surveying, Beauty salon, Lidar

LiDAR technology has emerged as a crucial tool in accommodating the expansion of global engineering and civil construction activities, especially in developing nations grappling with growing populations.

Key Points: 
  • LiDAR technology has emerged as a crucial tool in accommodating the expansion of global engineering and civil construction activities, especially in developing nations grappling with growing populations.
  • From surveying and mapping to project feasibility studies, advanced LiDAR technology plays a pivotal role in enhancing accuracy and efficiency in various stages of construction projects.
  • The comprehensive report, titled "Global LiDAR Technology Market Report 2023-2028," provides detailed insights into market dynamics, including segmentation by component, product type, technology, range, application, and region.
  • Furthermore, the post-COVID-19 era is expected to see continued LiDAR technology demand due to safety distance measures.

ClassOne Technology Receives Order for Solstice® S8 Single-Wafer System from Finland’s VTT Technical Research Centre

Retrieved on: 
Thursday, November 9, 2023
MEMS, 3D, ALD, VTT, US, Classon Avenue station, Copper, Organization, Research, VTT Technical Research Centre of Finland, SRD, University, AP, TSV, Automation, SIP, Solstice, Printed circuit board, Mobile phone

KALISPELL, Mont., Nov. 09, 2023 (GLOBE NEWSWIRE) -- ClassOne Technology , a leading global provider of advanced electroplating and wet processing tools for microelectronics manufacturing, today announced that leading European research institution VTT Technical Research Centre of Finland has placed its first order for a ClassOne Solstice® S8 single-wafer system.

Key Points: 
  • KALISPELL, Mont., Nov. 09, 2023 (GLOBE NEWSWIRE) -- ClassOne Technology , a leading global provider of advanced electroplating and wet processing tools for microelectronics manufacturing, today announced that leading European research institution VTT Technical Research Centre of Finland has placed its first order for a ClassOne Solstice® S8 single-wafer system.
  • Dominant packaging technologies flip-chip, 2.5D/3D and system-in-package (SiP) are expected to represent 90% of the AP market by 2028.
  • Noted ClassOne Technology CEO Byron Exarcos, “We welcome VTT as a new customer for our Solstice platform.
  • Please visit us to learn more about our Solstice single-wafer platform as well as our Trident™ batch processing systems.

SHELLBACK Acquires MERCURY™+ Batch Spray Product Line from Tokyo Electron

Retrieved on: 
Thursday, November 9, 2023
MEMS, TEL, Semiconductor industry, Intellectual property, Tokyo Electron, Acquisition, Video game

COOPERSBURG, Pa., Nov. 9, 2023 /PRNewswire/ -- SHELLBACK Semiconductor Technology, an industry leader in batch spray equipment solutions, announced today the acquisition of the MERCURY™+ batch spray cleaning product line from Tokyo Electron Limited (TEL™).

Key Points: 
  • COOPERSBURG, Pa., Nov. 9, 2023 /PRNewswire/ -- SHELLBACK Semiconductor Technology, an industry leader in batch spray equipment solutions, announced today the acquisition of the MERCURY™+ batch spray cleaning product line from Tokyo Electron Limited (TEL™).
  • This acquisition, which includes MERCURY™ and MERCURY™+ products, makes SHELLBACK's batch spray product portfolio the most comprehensive in the industry.
  • SHELLBACK's agreement with TEL includes intellectual property rights for the MERCURY™+ product line granting SHELLBACK the ability to provide new & remanufactured systems, upgrades, parts, and field service support to the industry worldwide.
  • We thank Tokyo Electron for selecting SHELLBACK for this acquisition, and we look forward to working with their global team in the coming months as we transition the responsibilities for this product line.

Smart Sensor Market size to grow by USD 51.43 billion from 2023 to 2028; Rise in demand for smart sensors in the development of smart cities to drive the growth- Technavio

Retrieved on: 
Wednesday, November 8, 2023
Internet of things, TDK, MEMS, Honeywell, Texas Instruments, Microchip Technology, ABB, Temperature, Infineon Technologies, NXP Semiconductors, Humidity, Certification, Air conditioning, Geography, Sample, Connected space, Nature, Quality of life, TE, Growth, City, Marketing, Analog Devices, Privacy, Siemens, Heat, USD, Safety, YOY, Ventilation, Semiconductor industry, Vishay Intertechnology, Instrumentation, Electronics, Information technology, Speciality chemicals

NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The smart sensor market is expected to grow by USD 51.43 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The smart sensor market is expected to grow by USD 51.43 billion from 2023 to 2028.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • View Free PDF Sample
    The rise in demand for smart sensors in the development of smart cities is a key factor driving market growth.
  • The temperature sensor market size is estimated to grow at a CAGR of 5.41% between 2022 and 2027.

LiDAR Technology Revolutionizes Construction and Surveying, Boosting Efficiency and Accuracy Worldwide - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 8, 2023
Construction & Property, Other Construction & Property, MEMS, Car, Temperature, UAV, Unmanned aerial vehicle, Engineering, Growth, Risk, GIS, Plan, Area studies, Safety, Compound annual growth rate, Surveying, Beauty salon, Lidar

LiDAR technology has emerged as a crucial tool in accommodating the expansion of global engineering and civil construction activities, especially in developing nations grappling with growing populations.

Key Points: 
  • LiDAR technology has emerged as a crucial tool in accommodating the expansion of global engineering and civil construction activities, especially in developing nations grappling with growing populations.
  • From surveying and mapping to project feasibility studies, advanced LiDAR technology plays a pivotal role in enhancing accuracy and efficiency in various stages of construction projects.
  • Notably, automotive giants are investing in LiDAR startups, and the adoption of various LiDAR technologies, including solid-state, flash LiDAR, and micro-electronical mechanical system (MEMS) LiDAR, is creating new market opportunities.
  • The comprehensive report, titled "Global LiDAR Technology Market Report 2023-2028," provides detailed insights into market dynamics, including segmentation by component, product type, technology, range, application, and region.

CHIPS for America Leaders Visit Lorain County Community College

Retrieved on: 
Tuesday, November 7, 2023
MEMS, Science, Lorain County Community College, Education, Silicon, CHIPS and Science Act, Workforce, Fraud, Commerce, Federation, CHiPs, Lorain County Joint Vocational School, Learning, Maryland Department of Commerce, Curriculum, Intel, Lincoln Electric, Student, LCCC, White House Office of Intergovernmental Affairs, Semiconductor, Tutoring, Management, Nursing, CHIPS, Regal

Elyria, Ohio, Nov. 07, 2023 (GLOBE NEWSWIRE) -- For more than a decade, Lorain County Community College has been training students for careers in the semiconductor and microelectronic manufacturing industry.

Key Points: 
  • Elyria, Ohio, Nov. 07, 2023 (GLOBE NEWSWIRE) -- For more than a decade, Lorain County Community College has been training students for careers in the semiconductor and microelectronic manufacturing industry.
  • Leaders from CHIPS for America visited LCCC to learn more about how the college works with local employers to prepare students to meet an expected boom in industry demand.
  • “The college was founded 60 years ago, in part, to help meet the demand for skilled workers in the manufacturing sector,” LCCC President Marcia J. Ballinger, Ph.D., said.
  • Based in Washington, D.C., the CHIPs for America team travelled to LCCC to learn more about the college’s microelectronic manufacturing programs – and the talent pipeline the program fills for local industry.

Global Epitaxial Wafer Market Industry Trends, Growth, Opportunity and Forecast 2023-2028: IoT and Green Technology Fuel Demand for Epitaxial Wafers

Retrieved on: 
Tuesday, November 7, 2023
Internet of things, MEMS, Science and technology in Asia, GlobalWafers, Electronics, Nichia, Temperature, ICS, Pressure, Wacker Chemie, Coherent Corp., Electricity, IQE, COVID-19, Epistar, Silicon, EVS, EPI, Consumer electronics, Beauty salon, Creative industries, Growth

DUBLIN, Nov. 7, 2023 /PRNewswire/ -- The "Epitaxial Wafer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 7, 2023 /PRNewswire/ -- The "Epitaxial Wafer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The comprehensive report provides valuable insights into the global epitaxial wafer market, highlighting significant growth opportunities and key market trends.
  • Green Technology: As sustainability gains importance, epitaxial wafers are in demand for their role in reducing electricity consumption and supporting green technology initiatives.
  • The "Epitaxial Wafer Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028" report equips industry professionals, investors, and businesses with valuable insights to make informed decisions in this evolving market.

EMCORE to Supply Kratos with Quartz MEMS IMUs for Multiple Unmanned Aerial Defense Programs Including the XQ-58 Valkyrie

Retrieved on: 
Thursday, November 2, 2023
Quartz, MEMS, Kratos Defense & Security Solutions, IMU, SSAT, Imus, Temperature, Kratos, United States Department of Defense, Kratos XQ-58 Valkyrie, Unmanned aerial vehicle, United States Department of the Air Force, Partnership, Atmosphere of Earth, UAS, Overalls, XQ-58, Bias, Airline, Online shopping, United States Navy

ALHAMBRA, CA, Nov. 02, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, announced today that it is entering into a long-term supply partnership with Kratos Unmanned Aerial Systems to deliver SDI500, its flagship Quartz MEMS Inertial Measurement Units (IMU), for multiple advanced unmanned aerial defense programs including the XQ-58 Valkyrie.

Key Points: 
  • ALHAMBRA, CA, Nov. 02, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, announced today that it is entering into a long-term supply partnership with Kratos Unmanned Aerial Systems to deliver SDI500, its flagship Quartz MEMS Inertial Measurement Units (IMU), for multiple advanced unmanned aerial defense programs including the XQ-58 Valkyrie.
  • Representing a clean-sheet, low-cost tactical Unmanned Aerial System (UAS), the XQ-58 is changing the paradigm for tactical UAS technology.
  • In addition to the XQ-58 Valkyrie, EMCORE is entering into agreements with Kratos to supply SDI500 IMUs for the BQM-167A Air Force Subscale Aerial Target (AFSAT), the BQM-177A Sub-Sonic Aerial Target (SSAT), and the MQM-178 Firejet aerial target drone.
  • “We are extremely proud to enter into a long-term supply partnership with Kratos Unmanned Aerial Systems to support their mission-critical, unmanned aerial tactical and target defense systems for the U.S. Air Force and U.S. Navy,” said Jeff Rittichier, EMCORE’s President and CEO.

Global Pressure Sensor Market Size, Share & Trends Analysis Report 2023: A $26.37 Billion Industry by 2030 - Rapid Adoption In Connected Devices and Automotives Delivering Opportunities - ResearchAndMarkets.com

Retrieved on: 
Monday, November 6, 2023
Manufacturing, Machinery, Internet of things, MEMS, Nemours, Government, Pressure, Tire-pressure monitoring system, Microelectromechanical systems, Growth, City, COVID-19, Wireless, Electronics, TPMS, Oil, USD, Safety, Video game, Instrumentation

Nemours companies are focusing on launching new products that are further expected to offer lucrative growth opportunities for the market players over the forecast period.

Key Points: 
  • Nemours companies are focusing on launching new products that are further expected to offer lucrative growth opportunities for the market players over the forecast period.
  • For instance, in November 2022, Melexis, a global microelectronics engineering company, announced the launch of its new series of integrated pressure sensors.
  • These devices will allow accurate and stable pressure measurement, allowing optimal engine management to guarantee fuel savings and emission reductions.
  • In addition, the market is benefiting from the growing demand for miniaturized consumer devices, including IoT-connected devices and wearables.