Renewed Growth in the MEMS Industry: Market Drivers and Consolidation Strategies
ABSTRACT
In 2024, the MEMS industry returned to growth, with worldwide revenues reaching an estimated $15.4B (+5% YoY) and a forecast 3.7% CAGR through 2024–2030. This positive trajectory is expected to continue into 2025. As the industry advances in maturity, MEMS companies are reinforcing and consolidating their expertise to address critical challenges in product development, high-volume manufacturing, and profitability across automotive, consumer, datacenters (or datacom), edge AI, defense and robotics sectors. Meanwhile, the global MEMS landscape is moving into a new consolidation cycle, fueled by growing technology complexity, higher capital requirements, and the need for sharper strategic positioning. This presentation will deliver an updated overview of the MEMS market and technology, highlight its latest trends, and explore dynamics of shifting ecosystems and structural transformations.
BIOGRAPHY
Pierre-Marie Visse is Senior Technology & Market Analyst, MEMS & Sensing at Yole Group. He is working within the MEMS & Sensing team. Pierre-Marie contributes daily to the technical, marketing, and strategic analysis on various MEMS and sensing technologies.
Prior to Yole Group, Pierre-Marie served as an R&D project manager at eLichens, specializing in the detection of environmental gases, for more than 2 years. His primary focus was the development of gas sensors and IoT for gas detection. Previously, Pierre-Marie worked at TDK-Tronics for more than ten years as an inertial MEMS designer for custom sensors, accelerometers, and gyroscopes. He then worked as an R&D project manager for the navigation, industrial, and watchmaking industries.
Pierre-Marie graduated from ESIEE-Engineering (France) in 2010, specializing in microsystems.