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Sensors/MEMS  

Acceleration, yaw sensors market continue sales success

Posted: 10 May 2013     Print Version  Bookmark and Share

Keywords:yaw sensors  acclerators  gyroscope  market analysis  IC Insights 

IC Insights' "Market Analysis and Forecast for Optoelectronics, Sensors/Actuators, and Discretes" report has revealed that the annual sales growth for high-flying acceleration and yaw sensor product category dropped to 7 per cent. Event with this smaller growth, acceleration/yaw sensors, this segment reached record-high sales of Rs.13,804.35 crore ($2.54 billion). This number surpassed the previous peak of Rs.12,880.43 crore ($2.37 billion) in 2011 when the market rose to 27 per cent.

Acceleration/yaw sensors are accelerometers and gyroscope devices primarily made with microelectromechanical systems (MEMS) technology.

The O-S-D report shows acceleration/yaw sensor sales rising 12 per cent in 2013 to Rs.15,434.78 crore ($2.84 billion), followed by a 19 per cent increase in 2014 to Rs.18,423.91 crore ($3.39 billion). Between 2012 and 2017, acceleration/yaw sensor sales are projected to rise by a compound annual growth rate (CAGR) of 16.6 per cent, reaching Rs.29,728.26 crore ($5.47 billion) in the final year of the forecast period. In the 2007-2012 period, acceleration/yaw sensor sales grew by a CAGR of 23.8 per cent, the report noted.

Yaw sensor market forecast

Since the 1990s, the use of MEMS-based accelerometers and gyroscope devices has expanded from automotive safety systems (primarily in car-crash airbag triggers and electronic stability controls for steering and braking) to new sensing applications in cell phones, tablet computers, video-game controllers, media players, and other portable consumer products. A growing number of low-cost inertial sensors are being used to embed automated controls in portable products and support higher levels of system "intelligence," based on measurements of movement. Multi-axis accelerometers and gyro devices are also being used together and combined with other types of sensors (such as magnetic-compass chips, pressure sensors, and light sensors) for multi-dimensional measurements in highly adaptive, intelligent systems that employ "sensor-fusion" software to simultaneously processes data from different devices.

With acceleration/yaw sensors moving into more high-volume systems applications, revenues for MEMS-based inertial devices have reached new record-high levels each year since 2005, based on IC Insights' market data. Acceleration/yaw sensor sales crossed the Rs.5,434.78 crore ($1 billion) level for the first time in 2008, and three years later, in 2011, the market's revenues passed the Rs.10,869.57 crore ($2 billion) mark. The report forecasts shows acceleration/yaw sensor sales crossing the Rs.27,173.91 crore ($5 billion) level in 2017, just three years after surpassing Rs.16,304.35 crore ($3 billion) in 2014.

Acceleration/yaw sensor unit shipments are also growing at strong annual rates, reaching a record-high volume of 2.75 billion devices in 2012, which was a 20 per cent increase from the previous peak of 2.30 billion units in 2011. IC Insights is forecasting a 20 per cent increase in acceleration/yaw sensor shipments in 2013 to 3.30 billion units worldwide. However, average selling prices (ASPs) of inertial sensors are also falling fast. In 2012, ASPs fell 10 per cent to below Rs.54.35 ($1) for the first time partly due to intense competition between device suppliers aiming to serve high-volume applications. The report projects that acceleration/yaw sensor ASPs will drop another 7 per cent in 2013 to Rs.46.74 ($0.86). In the next several years, ASPs are expected to stabilise, resulting in an average annual decline of 2 per cent between 2012 and 2017, according to the report.





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