Analysis of COVID-19 Crisis-driven Growth Opportunities in MEMS Combo Sensors Market

MEMS combo (combination) sensors combine multiple sensing capabilities in a single device. These sensors are manufactured with micromanufacturing technology and have gained significant traction with device makers in recent years. These sensors combine two or more sensors, such as gyroscopes, accelerometers, magnetometer, pressure sensor and compasses, in a single device. Combo sensors can be 6-axis or 9-axis depending on the integration of sensors in the package. Combo sensor market is driven by its increased adoption in high-end smartphones and tablets in recent years. These sensors offer convenience owing to small form factor and this is leading to its increased adoption in various end-use applications. These are easy to implement and are often sold as plug-and-play solution to OEM/ODMs. Automotive sector is another emerging application for combo sensors, however; the growth faces significant challenge from discrete sensors. Opportunities for MEMS combo sensors lie in wearable electronics, location-based services and gaming. Other applications for combo MEMS sensors include PCs and laptops, cameras, MP3 players, media players and wearable fitness gears.
Asia Pacific region is expected to be a major region driving the growth of combo MEMS sensors in coming years owing to rapidly increasing Smartphone sales. North America and Europe have significant markets for MEMS combo sensors and are expected to see continued growth. Other regions including Latin America and Middle East are also potential markets for combo sensors as these regions are also experiencing rapid expansion in Smartphone and tablet sales. Key players in the market include STMicroelectronics N.V., InvenSense, Inc., and Robert Bosch GmbH.  Key buyers in this market include Samsung Electronics, LG Corp., Sony Corp., Amazon.Com, Inc., Motorola Solutions, Inc.; Xiaomi, Inc., Lenovo Group Ltd., Huawei Technologies Co. Ltd., Coolpad Group Ltd., HTC Corp. and AsusTek, Computer, Inc.

Grab an exclusive PDF Brochure of this report:

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2119

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World
This report provides comprehensive analysis of 
  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

 

Read Our Latest Press Release:

https://www.biospace.com/article/emergence-of-cashless-payment-platforms-bolsters-rapidly-growing-health-kiosk-market-tmr-study/

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

Contact

Transparency Market Research State Tower,

90 State Street,

Suite 700,

Albany NY – 12207

United States

USA – Canada Toll Free: 866-552-3453

Email: [email protected]

Website: https://www.transparencymarketresearch.com