The global automotive MEMS sensor market was valued at $2,600.5 million in 2014, and it is expected to grow at a CAGR of 6.0%, during the period 2015 – 2020. The government regulation towards passenger safety and environment has become more stringent in recent years, and therefore automotive manufacturers are forced to implement latest and advanced sensor based automotive safety features, such as Electronic stability control (ESC), Tire Pressure Monitoring Systems (TPMS), Advanced Driver Assistance Systems, (ADAS), Anti-lock braking system (ABS), and others.
The development in the field of vehicle to infrastructure (V2I) and vehicle to vehicle communication (V2C) is providing new market opportunity for the low cost wireless MEMS sensors used in the communication and information technology. The limited foundry outsourcing of the MEMS sensor is one major road block for the low cost design, precise size, and mass production of the automotive MEMS sensor.
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The automobile companies are investing heavily for the development of MEMS based energy harvester in automobiles, especially through the tire pressure monitoring systems (TPMS). Most of the TPMS systems available in the market are powered by battery with short life and hence, the energy harvesting can increase the product life cycle of the TPMS. The advancement in the IC fabrication technology has facilitated cost effective fabrication process of automotive MEMS. The modern IC fabrication technology provides monolithic integration of micro electro-mechanical structure, with signal processing, controlling and driving electronics.
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AUTOMOTIVE MEMS SENSORS MARKET SEGMENTATION
Automotive MEMS Sensors by Type
- Pressure Sensor
- Flow sensor
Automotive MEMS Sensor Market by application
- Safety and Chassis
- Body and Convenience
Automotive MEMS Sensors Market by Region
- North America
- Rest of North America
- The U.K.
- Rest of Europe
- Rest of Asia Pacific
- Rest of the World (ROW)
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