LONDON Ė 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 million in 2013 but climbs to $200 million by 2016.
Pressure sensors for judging height in location systems is another promising application. IHS iSuppli said it expects this market to double in 2013 to $100 million.
Related links and articles:
RF MEMS startup gains funds and veteran CEO
Bosch unveils consumer MEMS
MEMS, iPhone mics, and impressive growth