India Microelectromechanical Systems (MEMS) market is anticipated to witness significant CAGR during the forecast period on account of thriving healthcare, automation and consumer electronics industry. The country is witnessing increasing adoption of
Microelectromechanical Systems (MEMS)
India Microelectromechanical Systems (MEMS) market can be segmented based on
Major companies operating in India Microelectromechanical Systems (MEMS) market include Panasonic India Pvt Ltd, Honeywell International India Pvt Ltd, GE India Industrial Pvt Ltd, STMicroelectronics Pvt Ltd, Analog Devices India Pvt Ltd, Murata Electronics (India) Ltd., NXP Semiconductors India Private Limited, Denso India Ltd., Bosch Limited and Panasonic India Private Limited., among others. Leading market players are undertaking growth strategies like expansion of product portfolio and mergers & acquisitions.
Years considered for this report
Historical YearsFY2017-FY2020
Base YearFY2021
Estimated YearFY2022
Forecast PeriodFY2023–FY2027
Objective of the Study
- To analyze and forecast the market size of India Microelectromechanical Systems (MEMS) market.
- To forecast India Microelectromechanical Systems (MEMS) market based on product type, material, application, company and regional distribution.
- To identify drivers and challenges for India Microelectromechanical Systems (MEMS) market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in India Microelectromechanical Systems (MEMS) market.
- To identify and analyze the profile of leading players operating in the India Microelectromechanical Systems (MEMS) market.
Click here to download the s
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of Microelectromechanical System (MEMS) manufacturing companies across India. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the companies which could not be identified due to the limitations of secondary research.
Market Insights Research calculated India Microelectromechanical Systems (MEMS) market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. Market Insights Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by Market Insights Research.
Key Target Audience
- Microelectromechanical Systems (MEMS) manufacturers/companies/partners and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, industry associations, forums and alliances related to Microelectromechanical Systems (MEMS)
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as
