Yole says consumer applications pushing MEMS market
Yole Développement has reported in 2012, the IC industry saw a 2% decline, but Yole’s research reveals the MEMS sector managed another 10% growth to become an $11B business. “We expect a 12-13% CAGR through 2018 to create a $22.5B MEMS market, growing to 23.5 billion units”, announces Dr Eric Mounier, Senior Analyst, MEMS Devices & Technologies at Yole Développement. “We have identified a number of changes as old MEMS products mature and new ones emerge”, he adds.
Yole discloses: Cell phone demand drove strong growth for MEMS devices. Inertial sensor maker InvenSense continued to prove the worth of its fabless model with a ~30% increase in sales. Triquint saw 27% growth as its BAW filters won more slots in smartphones.
Other findings shared by Yole: Yole Développement’s report shows markets for inkjet heads and DLPs have matured, but we see huge growth on the horizon for combination inertial sensors and for MEMS timing devices. Combination inertial sensors are starting to see high volume adoption in both consumer and automotive markets, and will quickly account for a significant part of inertial sensor sales. Yole Développement’s report identifies new innovative MEMS devices that continue to emerge. The analysts expect to see a number of them start production, though...
Other findings shared by Yole: Yole Développement’s report shows markets for inkjet heads and DLPs have matured, but we see huge growth on the horizon for combination inertial sensors and for MEMS timing devices. Combination inertial sensors are starting to see high volume adoption in both consumer and automotive markets, and will quickly account for a significant part of inertial sensor sales. Yole Développement’s report identifies new innovative MEMS devices that continue to emerge. The analysts expect to see a number of them start production, though...
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