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MEMS Market - Forecast(2022 - 2027)

 The Micro Electromechanical Systems (MEMS) Market is forecast to reach $12 billion by 2025, after growing at a CAGR of 17% during the forecast period 2019-2025. The MEMS Market growth is attributed to increasing applications of miniaturized wireless communication modules and sensors in consumer electronics, automotive, medical and so on. Additionally, MEMS based inertial sensors are also witnessing significant adoption in unmanned aerial, underwater, and ground vehicles, owing to its compact footprint, low power consumption and so on. Moreover, inertial sensors are majorly used for machine condition monitoring in the industrial sector along with supporting the trend of Industry 4.0. Hence, these factors are cumulatively supporting the MEMS market growth, during the forecast period 2019-2025.  MEMS Market Report Coverage The report: “MEMS Market – Forecast (2019-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the MEMS Market.  By Devices: ...