MEMS market growth accelerating

MEMS market growth accelerating

LONDON – The deep penetration achieved by microelectromechanial systems (MEMS) sensors in consumer and mobile equipment will ensure that the market continues to enjoy growth in 2013, according to market research firm IHS iSuppli. The market for MEMS sensors and actuators is predicted to be worth $9.09 billion in 2013, up 8.1 percent from $8.41 billion in 2012, a year in which the MEMS market grew 6.1 percent. During the next two years IHS expects growth to be double-digit percentages and by 2017 the market will be worth $12.2 billion, up more than 50 percent on 2011. While inertial MEMS sensors will continue to do well IHS predicts MEMS actuators for use with autofocus and zoom in cell phone cameras will do well with companies such as PoLight and Tessera Technologies prospering. The market for camera modules with imaging capabilities of more than 8 megapixels is worth $20 ...

Full article: http://www.eetimes.com/electronics-news/4407100/MEMS-mark...