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Bharat Book Presents"Global MEMS Industry 2013-2018: Trend, Profit, and Forecast Analysis"is forecast to reach an estimated $14.2 billion in revenue by 2018, with good growth over the next five years.
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Global MEMS Industry 2013-2018 Bharat Book Bureau
Summary The global micro-electro-mechanical systems (MEMS) industry is forecast to reach an estimated $14.2 billion in revenue by 2018, with good growth over the next five years. The industry, which is fragmented, experienced a changing competitive landscape during the last five years. Competitive rivalry is high in the global MEMS industry because of the large number of players and moderate industry growth. Sensor fusion is the key emerging trend in the industry.Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the MEMS industry and presents its findings in “Global MEMS Industry 2013-2018: Trend, Profit, and Forecast Analysis.” The Asia Pacific (APAC) region dominates the industry. Various factors such as evolving micro technology, high prices, complexity, and favorable demographics all influence the industry’s dynamics.
Continue… The report discussed how the industry faced challenges from weakness in the aerospace industry and business spending on electronic products. The economic crisis in the regions of North America and Europe also affected the annual revenue growth of the industry, as there was a retracting of business spending and low growth in broadband communication.The study reveals that the growth of the industry has been driven by increasing demand for mobile phones, tablets with technological innovations, combo sensors, and microphones. Growing demand for new micro-nano-fabrication technology used in medical equipment for various operational instruments helps drive the industry growth.
Table of Contents 1. Executive Summary2. Industry Definition and Scope3. Industry Overview4. Global Macroeconomic Overview5. Industry Trends6. Industry Forecasts7. Emerging Trends8. ConclusionsList of FiguresChapter 3. Industry OverviewFigure 3.1: External forces shaping global MEMS industry
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