Microelectromechanical Systems (MEMS) Market Report, published by Variant Market Research, forecast that the global market is expected to reach $35 billion by 2024 from $15 billion in 2016; growing at a CAGR of 11.4% from 2016 to 2024. By geography, Asia Pacific and RoW are expected to grow at a CAGR of 12.4% and 12.1%, respectively, during the forecast…
According to the new market research report “Micro-Electro-Mechanical Systems (MEMS) Market by Sensor Type (Inertial, Pressure, Microphone, Environmental, and Optical), Actuator Type (Optical, Inkjet Head, Microfluidics, and RF), Vertical, and Geography – Global Forecast to 2022”, published by MarketsandMarkets™, the market is expected to be valued at USD 18.88 Billion by 2022, growing at a CAGR of 9.8%…
The MEMS market is projected to reach $20 billion in 2021, up from $11.9 billion in 2015, according to Yole Développement (Yole). This translates into a compound annual growth rate (CAGR) of nearly nine percent over the next five years. The CAGR for unit shipments is forecast at 13 percent. The MEMS markets are growing…