Market Intel
medical devices

MEMS market to grow to US$20 billion by 2028

The MEMS market is expected to grow from US$14.5 billion in 2022 to US$20 billion in 2028, at a compound annual growth rate (CAGR) of 5%. The consumer MEMS market, which is currently the largest segment, is expected to grow at a CAGR of 4%, while the automotive market is expected to grow at a CAGR of 7%. The industrial, defense and aerospace, medical, and telecom markets are expected to grow at CAGRs of at least 5%.

Register Now

Receive trusted market insights, straight to your inbox.


Naval Power Systems

An insight into SynQor’s current power solutions.

Watch Video >