Yole Développement & MIG webcast will presents MEMS device markets, key players’ strategies, key industry changes and trends, MEMS financial analysis as well as an update on the “emerging” MEMS devices markets. MEMS will continue to see steady, sustainable double digit growth for the next six years, with 20% compound average annual growth in units and 13% growth in revenues, to become a $21 billion market by 2017. We expect continued strong growth in motion sensing and microfluidics as those sectors will increasingly come to dominate the MEMS market totals, making up almost half of the overall market in 2017, with accelerometers, gyros, magnetometers and combos accounting for about 25% of the total, and microfluidics for 23%. To better track important developments in inertial, we have broken out a separate category for combo sensors to our market data and forecasts this year. We believe that the market for discrete sensors will begin to decline, but the growth for combo solutions will be huge. Though currently less than $100 million niche, we expect combos to be a $1.7 billion opportunity by 2017.
Almost all MEMS players had a growth in sales in 2011 compared to 2010. Companies involved in inertial sensors and microphones are growing the most. Every year brings new business in the MEMS landscape. Today, combo sensors are reshuffling the cards in the competitive landscape. But the MEMS market is still very fragmented, with number of high volume MEMS applications still limited today. However, a whole range of new MEMS devices now reaches the market and new “emerging MEMS” devices are coming as well. Some of them have really the possibility to ramp up to large volumes quickly: the ones that can be applied to mobile devices (RF MEMS switches, oscillators, auto-focus…).
New sensors (humidity, touchscreen,…) and actuators (switches, energy harvesting…) are driving future growth
In addition to those emerging MEMS, growth of the MEMS market will also come from existing sensors that are expanding into new market spaces, sometimes using new types of integration (e.g. pressure sensors).
Karen Lightman is managing director of MEMS Industry Group. She played a pivotal role in launching MEMS Industry Group (MIG) in January 2001. In June 2007 she became MIG’s managing director. Ms. Lightman is active on the worldwide MEMS conference circuit as a keynote speaker and panelist promoting the commercialization of MEMS across global markets. She spearheads strategic growth for MIG, implementing a cohesive vision through programs, events and international partner programs which advance the MEMS industry.
Dr. Eric Mounier has a PhD in microelectronics from the INPG in Grenoble. He previously worked at CEA LETI R&D lab in Grenoble, France in marketing dept. Since 1998 he is a co-founder of Yole Développement, a market research company based in France. At Yole Développement, Dr. Eric Mounier is in charge of market analysis for MEMS, equipment & material. He is Chief Editor of Micronews, and MEMS’Trends magazines (Magazine on MEMS Technologies & Markets).
Mike McLaughlin, Business Development, Yole Inc.