Europe Microelectromechanical Systems Market Size & Outlook
The microelectromechanical systems market in Europe is expected to reach a projected revenue of US$ 9.2 million by 2030. A compound annual growth rate of 10.7% is expected of Europe microelectromechanical systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$4.5
Forecast, 2030 (US$M)
$9.2
CAGR, 2024 - 2030
10.7%
Report Coverage
Europe
Europe microelectromechanical systems market highlights
- The Europe microelectromechanical systems market generated a revenue of USD 4.5 million in 2023.
- The market is expected to grow at a CAGR of 10.7% from 2024 to 2030.
- In terms of segment, inertial sensor was the largest revenue generating sensor type in 2023.
- Inertial Sensor is the most lucrative sensor type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 4.5 million |
| Market revenue in 2030 | USD 9.2 million |
| Growth rate | 10.7% (CAGR from 2023 to 2030) |
| Largest segment | Inertial sensor |
| Fastest growing segment | Inertial Sensor |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inertial Sensor |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.0% of the global microelectromechanical systems market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12.0 million by 2030.
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Microelectromechanical Systems Market Scope
Microelectromechanical systems market segmentation & scope
Pressure Sensor
Optical Sensor
Pir & Thermophile
Microbolometer
Combo Sensor
Gyroscope
Accelerometer
Magnetometer
Microphone
Microspeaker
Environmental Sensor
Others
Actuator Type
Microfluidics
RF MEMS (Resonators, Oscillators)
Inkjet Print Heads
Optical MEMS (Micro Mirrors, Optical Switches)
Others
Vertical
Telecommunication
Consumer Electronics
Others
Automotive
Aerospace & Defense
Industrial
Healthcare
Countries
U.S.
Canada
Mexico
UK
Germany
France
China
India
Japan
Australia
South Korea
Brazil
UAE
Saudi Arabia
South Africa
Microelectromechanical Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Qualcomm Technologies (QITC) | View profile | - | - | |
| Denso Corporation | View profile | - | - | - |
| Knowles Electronics | View profile | 5001-10000 | Itasca, Illinois, United States, North America | http://www.knowles.com/ |
| Texas Instruments Incorporated | View profile | - | - | - |
| HP Development Company, L.P. | View profile | - | - | - |
| Robert Bosch GmbH | View profile | - | - | - |
| Panasonic Corporation | View profile | - | - | - |
| GoerTek Inc. | View profile | 10001+ | Weifang, Shandong, China, Asia | http://www.goertek.com/en/ |
| NXP Semiconductors | View profile | 10001+ | Eindhoven, Noord-Brabant, The Netherlands, Europe | https://www.nxp.com |
| TDK Corp | View profile | 102908 | Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, Japan | http://www.tdk.co.jp |
| Analog Devices Inc | View profile | 26000 | One Analog Way, Wilmington, MA, United States, 01887 | https://www.analog.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
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