MANHASSET, NY -- The MEMS market this year for consumer electronics and mobile handsets will grow by 157.4 percent according to a report by IHS iSuppli market research firm.
Revenue this year for new CE and mobile MEMS devices will reach $457.3 million, up by more than a factor of 2.5 from $177.6 million in 2010.
What's more, specific microlectromechanical devices such as 3-axis gyroscopes and pico projectors will generate revenue of $1.4 billion by 2014.
The market research firm projects the established MEMS segment to expand only 10.4 percent this year, compared to the triple-digit growth rate of new CE and mobile MEMS, according to Jérémie Bouchaud, director and principal analyst MEMS and sensors for IHS.
With older products like accelerometers and single- or dual-axis gyroscopes in its stable, established MEMS will continue to produce bigger revenue overall, but growth as a whole in the next three years will be confined to the range of 9 to 12 percent.
Meanwhile, expansion rates for new CE and mobile MEMS will amount to a hefty 31 to 62 percent from 2012 to 2014.
The net effect of such rapid growth is to increase the portion held by new MEMS of the total CE and mobile MEMS revenue pie. As a result, new MEMS in 2014 will account for 39.5 percent of overall revenue--a far cry from the 0.2 percent share in 2007 when the segment earned just $2.4 million. Without the revenue contribution of new MEMS, IHS believes, overall growth in the MEMS space will be dependable but merely stable at best.
Among new MEMS devices, 3-axis gyroscopes are most likely to take a star turn. Found in the likes of the iPhone 4 from Apple Inc. and the Move remote controller for the PlayStation 3 from Sony Corp., 3-axis gyroscopes feature prominently in applications for smart phones and gaming, with motion recognition functions benefiting greatly from the use of the new MEMS component.
Three-axis gyroscopes also can be found in other consumer electronic devices, such as tablets like Apple’s iPad 2, Samsung Electronics’ Galaxy Tab as well as in every new tablet; the new 3DS handheld player from Nintendo Corp.; portable media players like Apple’s iPod Touch Fourth Generation (4G); and new smart phones from Samsung such as the Nexus or from LG Electronics like the Optimus.
In addition to 3-axis gyroscopes, new MEMS technology is used in tiny pico projectors that are so small they already are embedded in phones or cameras. Another application of new MEMS can be found in the tiny actuators used for the autofocus function in cameras, packed in a small form factor but able to capture high quality images, according to IHS iSuppli.
The IHS report is entitled: "New MEMS Underpins Consumer Market Expansion