Market Trends of Automotive MEMS Sensors Industry
This section covers the major market trends shaping the Automotive MEMS Sensors Market according to our research experts:
Gyroscope to Witness Significant Growth
- Due to growing concerns about safety, comfort, performance, and stability, OEMs have been attempting to incorporate advanced vehicle features. As a result of this development, the convenience of mechanical components has decreased across the automotive industry while the growth of electronics has accelerated. The gyroscope maintains a higher level of accuracy needed for sophisticated navigation systems embedded in it and the dependability of motion-controlled functionalities because it offers superior stability over time and temperature.
- A gyroscope in automotive has been allowed to measure or maintain the vehicle's orientation and angular velocity. The MEMS-based gyroscope in the ESP (Electronic Stability Control Program) is a widely accepted and powerful safety system in the automotive industry. The ESP system depends on the angular rate sensors to stabilize the car. It detects the vehicle's angular rate around its axis and creates the essential input to the systems that enable the driver to keep the vehicle on track.
- Further, in the rollover detection of the vehicle, a gyroscope is applied to read the roll rate. But as only the roll angle of the vehicle is not sufficient to detect whether the vehicle is going to roll over, a low-g accelerometer is used to read vertical acceleration (Z-axis). The gyroscope used for roll overdetection is almost half the magnitude required in the VDC system but requires excellent rejection of external shock and vibration.
- To enable high-precision data processing and acquisition, semiconductors, passives, and interconnects have all undergone continuous improvement in recent years. Due to the demand for sensors that can withstand temperatures higher than 175 degrees, MEMS sensors are widely accepted. MEMS gyroscopes are used because of their small size, high-temperature tolerance, and low maintenance costs.
North America to Register Significant Growth
- The United States is one of the largest automotive manufacturing hubs in the world. The region's economic growth posed an impact on the sale of passenger and commercial vehicles. According to the American Automotive Policy Council, over the past five years, the exports from the automotive sector were valued at USD 692.0 billion, and the automotive sector alone contributes to 3% of the region's GDP, effectively contributing to the growth of the market studied.
- With changing dynamics in the industry, automotive manufacturers are moving toward electric vehicles and autonomous vehicles to meet the needs of next-generation consumers. Electric vehicle use in the United States has risen rapidly, with an estimated 1.0% of automotive sales in the United States market coming from electric vehicles. According to Governor Newsom, California dominates the United States market regarding electric vehicle (EVs) sales. Its zero-emission vehicle (ZEV) program is driving the demand for EVs by requiring automakers in the state to sell a certain percentage of electric cars.
- In February 2022, California's booming zero-emission vehicle (ZEV) market continued to lead the country. Governor Gavin Newsom praised the state for selling more plug-in electric cars, motorcycles, pickup trucks, SUVs, and SUVs than the combined sales of the following ten states. Such factors will boost the demand for MEMS sensors in Electric Vehicles.
- The preference for electric vehicles is steadily replacing conventional vehicles in North America. Sensors and MEMS-based components are crucial components of the electronic control system in cars. The on-board computer system of contemporary cars, including hybrid electric vehicles and plug-in hybrid vehicles (PHEV), uses data from numerous sensors to inform thousands of decisions. Since the sensors can function under challenging circumstances like extreme temperatures, vibrations, and exposure to environmental contaminants, they are used for security purposes in automobiles.
- Additionally, the region is also expected to be one of the pioneers in adopting ADAS-enabled vehicles and self-driven transportation solutions. In addition, with the increased usage of location services for turn-by-turn navigation, the importance of not losing GPS or GNSS signal due to environments like tunnels, parking garages, and urban canyons has gained more prominence. Thus, many sensor solution companies have been working toward addressing this issue. This is anticipated to augment the demand for automotive MEMS sensors in the region.