Yesterday, IHS released a report that the MEMS sensors market is set to return to growth in 2010 after two straight years of decline, according to iSuppli Corp.
IHS’s figure indicates that MEMS revenue forecast from 2006 to 2014, with revenue dipping in 2008 and then bottoming out in 2009 as a result of the global recession.
The expected rise in MEMS revenue this year will mirror an equivalent increase in MEMS unit shipments, anticipated to reach 4.14 billion units, up from 3.44 billion units in 2009. Overall, MEMS shipments will log an impressive 19.5 percent CAGR to top 8.5 billion units by 2014, iSuppli data indicates.
By 2014, Bouchaud said both sectors will generate $3.2 billion in value, accounting for 32 percent of total MEMS market revenues.
However, there are evidences that to prove these results.
On one hand, Firstly, it benefits a lot from automotive industry. It said that, MEMS sensor production for automotive applications likewise remains high, with the market set to rebound in 2010 after a fall last year. Factors stimulating the growth of automotive MEMS include anticipated stronger shipments of cars from 2010 to 2014, mandates in the United States and Europe for vehicular safety systems, and continuing regulation in the reduction of harmful emissions.
On the other hand, enjoying robust growth is the high-value MEMS market for the industrial, medical and aerospace-defense sectors. With a projected CAGR of 13.7 percent from 2009 to 2014, the MEMS market for these segments will be worth $2.3 billion at the end of the forecast period, iSuppli data tells us.
When turn to 2011, analysts expected that MEMS displays will make a comeback, thanks not only to pico projectors but also to new types of MEMS flat-panel technologies for portable electronics. MEMS microphones and BAW filters will increase their penetration, while completely new types of MEMS actuators will bring significant additional revenue for switches or varicaps and autofocus for camera phones.
Among MEMS electronic components, three segments will exceed the $1 billion mark this year, and two others will be close to joining that list by 2014. Obviously, there is a quite optimistic benefits period for MEMS market.
Article Source: http://www.hqew.net/events/news-article/271.html
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