Yole Group unveils its latest Status of the MEMS Industry 2025 report, offering a deep analysis of the strategic moves, challenges, and growth trajectories of the leading MEMS companies.
Following a difficult 2023 marked by excessive inventories, 2024 marked a year of stabilisation and recovery, with total MEMS revenue climbing to $15.4 billion, up 5% year-over-year, and 31 billion units shipped.
The 2025 MEMS report from Yole Group provides an overview of the most promising growth opportunities and key market drivers for MEMS. It provides a detailed view of ecosystem development in terms of both products and funding, as well as the main stakeholders. A detailed analysis of MEMS market shares is included in this report, providing a comprehensive overview of the MEMS ecosystem.
“After a challenging correction cycle, MEMS companies have emerged more resilient and strategically aligned. MEMS leaders are leveraging diversified portfolios, smart sensing technologies, and targeted market focus to secure their positions,” said Clyde Midelet PhD, Senior Technology & Market Analyst, Sensing at Yole Group.
2025 MEMS ranking: strategic shifts & market responses
Bosch remains the undisputed MEMS leader, generating $2 billion in revenue in 2024. The company announced a 12% YoY increase. Bosch benefited from the end of the inventory crisis and the robust performance of its smart sensor portfolio, which integrates intelligence to deliver value beyond basic sensing. Its strong positioning in high-end systems that were less affected during downturns has also shielded it from deeper volatility.
The 2nd and 3rd places in the ranking are held by RF MEMS leaders: Broadcom and Qorvo. However, Broadcom’s revenue stagnated during the year as major OEMs shifted away from its FBAR RF technology. With Samsung now favouring high-performance SAW, only Apple continues using FBAR in its flagship phones. While new technologies like XBAW/XBAR may offer future upside, Broadcom’s RF MEMS outlook is dimming in the short term. In contrast, Qorvo still benefits from its strong position in providing BAW-SMR filters for leading OEMs, such as Samsung, Oppo, Apple, and Xiaomi.
TDK, following in 4th position after Bosch, Broadcom and Qorvo, held its ground in 2024. This result is based on its presence in motion sensors in consumer electronics, particularly smartphones and wearables. Without doubt, though not exhibiting dramatic growth, TDK remains a stable force in the MEMS landscape.
In the 6th position, STMicroelectronics had a steady year, recovering from the inventory downturn and maintaining its position in inertial sensors for smartphones. Looking ahead, STMicroelectronics is increasingly engaging in manufacturing partnerships. The company supports players like NXP, USound, and Chirp through lab-in-fab models. This strategy positions STMicroelectronics to benefit from AR/VR and wearable tech in the coming decade.
China’s expanding MEMS ecosystem
The Chinese MEMS sector is expanding rapidly, spurred by state-driven funding and a desire for semiconductor self-sufficiency amid global tensions. However, this growth has also triggered oversupply, fierce price competition, and questions over sustainability. In this dynamic context, Yole Group is investigating this environment intensively and will soon release a dedicated report, MEMS Industry in China 2025. This report will compile all information related to mainland China’s MEMS ecosystem and provide a forecast for the next five years. It will focus on the dynamics of the Chinese ecosystem and offer key insights into the major markets and technology trends of device players in the Chinese MEMS ecosystem.
“The MEMS industry is on the rise. Success depends on innovation, market opportunities and the strength of the surrounding ecosystem,” Pierre-Marie Visse, Senior Technology & Market Analyst, MEMS & Sensing at Yole Group.
