RF MEMS

Micro-Electro-Mechanical System (MEMS) Market worth $22.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, January 10, 2023

The market growth is attributed to the growing use of radio-frequency microelectromechanical system and increasing demand of IoT devices.

Key Points: 
  • The market growth is attributed to the growing use of radio-frequency microelectromechanical system and increasing demand of IoT devices.
  • Furthermore, advancement in sensor fusion technology is expected to create lucrative opportunities for the market.
  • Inertial sensor type accounted for a larger share of the MEMS market in 2022 and is expected to remain dominant throughout the forecast period.
  • MEMS sensors are being used in the automotive vertical to improve performance, reduce cost, and increase the reliability of vehicles.

Micro-Electro-Mechanical System (MEMS) Market worth $22.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, January 10, 2023

The market growth is attributed to the growing use of radio-frequency microelectromechanical system and increasing demand of IoT devices.

Key Points: 
  • The market growth is attributed to the growing use of radio-frequency microelectromechanical system and increasing demand of IoT devices.
  • Furthermore, advancement in sensor fusion technology is expected to create lucrative opportunities for the market.
  • Inertial sensor type accounted for a larger share of the MEMS market in 2022 and is expected to remain dominant throughout the forecast period.
  • MEMS sensors are being used in the automotive vertical to improve performance, reduce cost, and increase the reliability of vehicles.