MEMS Combo Sensors Market

MEMS Combo Sensors Market – Key Growth Strategy Adopted by Leading Players

Business
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. MEMS Combo Sensors 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.

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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.
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Lisa Smith

Lisa Smith is a specialist in search engine optimized (SEO) content with a wealth of experience gathered from working in leading market research firms. Currently, she is the Team Lead for the SEO department at Transparency Market Research. In the said role, she has actively contributed to building a winning content strategy leveraging right keywords, link building, market research and analysis, and competitor analysis. Lisa has a Bachelor’s Degree in Computer Science from Nagpur University and a Master’s degree in Business Administration.

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