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.
Based on application, the automotive infotainment market is expected to witness the fastest growth, during the forecast period. Among various type of automotive MEMS sensor, the pressure sensor led the automotive MEMS sensor market in 2014, with the market size of $ 763.1 million. The MEMS design in terms of different type of MEMS integration and application in automotive is changing continuously with the advent of advanced driver assistance systems (ADAS); connected car such as telematics, infotainment, and mobile based apps; safe car such as autonomous vehicles and V2X; and secure car such as automotive cyber security.
North America and Europe remains the two largest markets for the automotive MEMS sensors, while Asia-Pacific along with Rest of the World regions have witnessed comparatively higher growth rate, in the past few years. The growth in the Asia-pacific region is led by China and India. Brazil is largest and fastest growing regional automotive MEMS sensor market in Rest of the World region.
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