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MEMS market to surpass Rs.45,764.21 crore by 2014

Posted: 20 Jul 2010     Print Version  Bookmark and Share

Keywords:MEMS market  automotive electronics  gaming controllers 

The total MEMS market will be worth about Rs.30,353.81 crore ($6.5 billion), up more than 11 per cent from last year and nearly as high as its historic peak in 2007, according to iSuppli. The research firm predicted that by 2014, the MEMS market will surpass Rs.45,764.21 crore ($9.8 billion).

Propelled by strong sales of mobile handsets, gaming controllers, digital cameras and other consumer electronics devices, the micro-electro-mechanical (MEMS) market will return to double-digit growth in 2010 after two years of decline, according to market research firm iSuppli Corp.

iSuppli predicts that by 2014, the MEMS market will surpass Rs.45,764.21 crore.

Besides booming consumer sales of MEMS chips, automotive applications are also growing as smarter MEMS sensors are needed in safety systems like rollover detection, lane departure warming, collision avoidance and automatic parking. Other growing markets listed by iSuppli included at-home medical devices, industrial controllers and defence-aerospace applications.

Inkjet printheads will continue to be the largest market segment, ahead of accelerometers, pressure sensors, gyroscopes and optics for MEMS displays, iSuppli said. However, starting in 2011 pico projectors and MEMS flat-panels will begin to grow in market share, along with MEMS microphones, BAW filter, varicaps and autofocus mechanisms for camera phones, according to the firm.

- R. Colin Johnson
EE Times

For more statistics and forecasts, click here.





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