Just how fast is the MEMS industry really growing? There’s not much consensus, as evidenced by various market forecasts, which have the industry growing between 5 percent to 19 percent annually. Has the MEMS business entered a growth plateau, or is it set to undergo an explosive expansion as it taps into new opportunities in the long-touted market for sensors in consumer electronics products?
“The year 2007 was a banner year, and now 2008 looks set to be yet another surprising period for the MEMS industry,” said Jérémie Bouchaud, principal MEMS analyst and director at iSuppli. “Sales of MEMS actuators for products like inkjet printers and Digital Light Processing (DLP) televisions, which historically have accounted for most of the market, now are slowing down, and sometimes even declining. On the other hand, the overall sensor market will still enjoy double-digit growth during the next five years. This expansion will be driven by a series of safety mandates in the automotive space. It will also be propelled by the increasing demand for motion sensors to enhance user interfaces in cell phones, a market that is finally materializing in significant volume this year.”
- What’s the overall MEMS market value today and in 2012, and what is the implication for wafer starts?
- Which established products will achieve double-digit growth over the next five years?
- More than 1 billion mobile handsets will ship annually soon. How big is the opportunity for MEMS in mobile handsets now and in future?
- What are the next killer applications and products for MEMS: energy scavengers, oscillators, Radio Frequency (RF) switches or mobile displays?
- What is the role of MEMS foundries? Will a major portion of MEMS production be outsourced to foundries in future?
- What are opportunities and risks associated with new mandates in the automotive world, such as Tire Pressure Monitoring Systems (TPMS) and Electronic Stability Control (ESC)?
Learn the answers to these and many other questions by joining Bouchaud for an exciting Webinar, entitled: The Truth About MEMS: Market and Industry Revelations from 2006-2012—A MEMS Webinar, to be held on Thursday, Jul. 24, 2008 at 8:30 a.m. U.S. Pacific Time. Bouchaud will take questions from Webinar attendees.
The Webinar will reveal where the significant growth opportunities are in the MEMS market as well as which areas are becoming stagnant. Bouchaud also will take a special look at the automotive field, now growing at rate of 7 percent per year.
“This year is shaping up to be a standout year for suppliers of automotive MEMS,” said Richard Dixon, Senior MEMS Analyst at iSuppli. “New European Union proposals are set to light a fire beneath existing markets for ESC and TPMS.”
About iSuppli Corporation
iSuppli Corporation is the global leader in technology value chain research and advisory services. iSuppli provides market intelligence services for the EMS, OEM and supplier communities in addition to servicing consumer electronics and media concerns. Services afforded by iSuppli range from electronic component research to device-specific application market forecasts, from teardown analysis to consumer electronics and from display device and systems research to multimedia content and services.