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icroelectromechanical systems (MEMS) are micrometer-scale devices that integrate electrical and mechanical elements. This technology includes very small, moving mechanical parts, and electrical components and is used to fabricate sensors such as accelerometers, gyroscopes, digital compasses, inertial modules, pressure sensors, humidity sensors, and microphones.
Impending need of device miniaturization in various electronic devices such as smartphones, wearable devices, medical instruments, and other electronic devices fuel the growth of the MEMS sensor market.
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Microelectromechanical System (MEMS) Sensor Market by Type (Inertial Sensor, Pressure Sensor, Optical Sensor, Environment Sensor, and Ultrasonic Sensor) and Application (Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare, Telecommunication, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
Magnetic sensors are used for measuring and detecting distance, size, direction, width, and speed. Magnetic sensors are also known as Microelectromechanical System-Based Sensors (MEMS) that convert magnetic field into an electrical signal. It is widely used by industries for rotation sensing, contactless current sensing, linear, and angular position. Moreover, it consumes less power, operates in high temperature, is highly durable, and delivers reliable performance.
The global magnetic sensor market size was valued at $2.21 billion in 2018, and is projected to reach $4.22 billion by 2026, registering a CAGR of 6.9% from 2019 to 2026. Magnetic sensors are used for measuring and detecting distance, size, direction, width, and speed. Magnetic sensors are also known as Microelectromechanical System-Based Sensors (MEMS) that convert magnetic field into an electrical signal. It is widely used by industries for rotation sensing, contactless current sensing, linear, and angular position. Moreover, it consumes less power, operates in high temperature, is highly durable, and delivers reliable performance.
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