Global MEMS Market Trends and Forecast
The Global MEMS Market Size is expected to reach USD 64.15 billion by 2032, at a CAGR of 8.4% during the forecast period 2022 to 2032. The rising requirement for MEMS in different markets that includes the electronics industry, automotive, manufacturing, and healthcare is driving the MEMS market. Furthermore, the expanding use of radio-frequency MEMS systems, the rising need for Internet of Things (IoT) devices, and the increasing demands for consumer electronics are important factors driving the MEMS market.