How can the MEMS industry stay profitable and innovative in the next 5 years?
The MEMS market is still in a dynamic growth with an estimated 12.3% CAGR over 2013-2019 in $US value, growing from $11.7B in 2013 to $24B in 2019. This growth, principally driven by a huge expansion of consumer products, is mitigated by two main factors. First, due to a fierce competition based on pricing, Average Selling Prices are continuously decreasing. Second, innovation is slow and incremental, as no totally new devices have been successfully introduced on the market since 2003. Fierce competition based on pricing in now ongoing putting thus extreme pressure on device manufacturers.
This presentation will highlight the actual and future challenges faced by the MEMS industry. The presentation will be based on Yole développement and System Plus Consulting analysis.
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Jean-Christophe Eloy, CEO and Founder, Yole Développement
Since 1991, he has been involved in the analysis of the evolution of MEMS markets at device, equipment and also materials suppliers’ level. Jean-Christophe Eloy is also board member in several organizations in Europe and in North America.
Frédéric Breussin is responsible for the MEMS and Sensors activity. He has supported many companies in their innovation and product development strategy in making the bridge between micro systems technologies and their applications in consumer, automotive, industrial, Life sciences, diagnostics and medical device industries. He holds an Engineering diploma from INSA Rouen & a DEA in fluid mechanics from University of Rouen.