MEMS (micro electro-mechanical system) are used to manufacture sensors by using microelectronic fabrication techniques. The MEMS based sensors are smaller in size & mass, consumes less power, and have long lifecycle. The aerospace MEMS sensors are developed to withstand harsh environment and has application in cabin pressure monitoring, engine control, barometers, altimeters, cockpit instruments, and others.
MARKET DYNAMICS
The aerospace MEMS sensor market is experiencing significant growth owing to the increasing deployment of satellites across the globe. However, cost constrains associated with aerospace MEMS sensors is hampering the growth of the market. Meanwhile, the growing commercial and military aviation industry along with increasing use of UAVs is expected to propel the aerospace MEMS sensor market.
MARKET SCOPE
The "Aerospace MEMS Sensor Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense with a special focus on the global market trend analysis. The report aims to provide an overview of aerospace MEMS sensor market with detailed market segmentation by aircraft type, end user, and geography. The global aerospace MEMS sensor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aerospace MEMS sensor market players and offers key trends and opportunities in the aerospace MEMS sensor market.
MARKET SEGMENTATION
The global aerospace MEMS sensor market is segmented on the basis of aircraft type, and end user. Based on aircraft type, the market is segmented into rotary and fixed wing. On the basis of end user, the market is segmented as military and commercial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global aerospace MEMS sensor market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The aerospace MEMS sensor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting aerospace MEMS sensor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the aerospace MEMS sensor market in these regions.
MARKET PLAYERS
The reports cover key developments in the aerospace MEMS sensor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from aerospace MEMS sensor market are anticipated to lucrative growth opportunities in the future with the rising demand for aerospace MEMS sensor market. Below mentioned is the list of few companies engaged in the aerospace MEMS sensor market.
The report also includes the profiles of key aerospace MEMS sensor market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Merit Medical Systems, Inc.
- MEMSCAP
- Collins Aerospace
- Japan Aviation Electronics Industry, Ltd.
- Micralyne, Inc.
- Sensata Technologies
- TE Connectivity
- Hyper Tech
- BAE Systems#
- Sumitomo Precision Products Co., Ltd.