25.11.2019 19:30:00
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Global Micro-Electromechanical Systems (MEMS) Devices Report 2019 - Market Analysis, Trends, and Forecast to 2025
DUBLIN, Nov. 25, 2019 /PRNewswire/ -- The "Micro-Electromechanical Systems (MEMS) Devices - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Micro-Electromechanical Systems (MEMS) Devices market worldwide is projected to grow by US$19.6 Billion, driven by a compounded growth of 11.2%.
Consumer Electronics, one of the segments analyzed and sized in this study, displays the potential to grow at over 12.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$18.2 Billion by the year 2025, Consumer Electronics will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 9.8% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$776.4 Million to the region's size and clout in the next 5 to 6 years. Over US$643.8 Million worth of projected demand in the region will come from the rest of the European markets.
In Japan, Consumer Electronics will reach a market size of US$915.6 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 14.5% over the next couple of years and add approximately US$4.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.
Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Key Topics Covered:
1. Market Overview
2. Focus on Select Players
3. Market Trends & Drivers
4. Global Market Perspective
Competitors identified in this market include:
- Analog Devices, Inc.
- Canon, Inc.
- Denso Corporation
- Hewlett-Packard Development Company LP
- InvenSense, Inc.
- Knowles Electronics, LLC.
- Panasonic Corporation
- Robert Bosch GmbH
- Sensata Technologies, Inc.
- STMicroelectronics NV
- Texas Instruments, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/mtza6w
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
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SOURCE Research and Markets
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