With 2016 sales of $11.4B, MEMS owns the lion’s share of the total semiconductor-based sensors & actuators market. In 2016 MEMS held 30% of this market’s value (estimated at $38B), and will grow at a 14% CAGR over the next five years. Not bad compared to the overall semiconductor industry! In fact, the total semiconductor sensor industry is expected to reach $66B in 2022, at a CAGR that will double from 2015 - 2022. $66B will be nearly 15% of the overall semiconductor business according to Yole Développement recent report Status of the MEMS Industry 2017.

Accelerates revenue and earnings growth by adding leading positions in autoimmune and allergy diagnostics and strengthens leadership in China and other emerging markets. Significant opportunity to leverage technologies, strong market positions and synergistic commercial activities to deliver better solutions across an expanding customer base.Highly compelling deployment of capital, significantly advancing PerkinElmer's strategic priorities and providing very attractive financial returns.

Sofradir, the global company in advanced infrared (IR) detectors for aerospace, defense and commercial markets,announces it is developing its first very large format (2048×2048) 15 micron pitch infrared detector. The supersize IR detector is designed for future scientific space observation equipment and state-of-the-art Extremely Large Telescopes (ELT) for ground observation aimed at tackling major scientific challenges.