SAN FRANCISCO—The market for combo MEMS inertial sensors used in motor vehicles is projected to grow 77 percent in 2013 to reach $163 million, according to market research firm IHS iSuppli.
Use of these type of sensors in vehicles has been growing rapidly in recent years, spurred by rapidly accelerating use in car safety systems, IHS said. The market for these sensors grew some 338 percent last year, to $92 million, up from just $10 million in 2011, according to the firm's latest report on MEMS and sensors.
Combo inertial sensors are multiple-sensor devices integrating accelerometers, gyroscopes into a single package, providing inertial inputs to the electronic stability control (ESC) system in cars to prevent or minimize skidding.
“ESC systems are mandated in North America, Europe and in other areas where the edicts are maturing, such as Australia, Japan, Canada and South Korea,” said Richard Dixon, principal analyst for MEMS and sensors at IHS, in a statement. “But a huge growth opportunity exists in untapped territories like China, which would significantly impact the penetration of ESC worldwide given the vast size of the Chinese market. Such gains, in turn, would provide tremendous impetus and momentum for automotive combo sensors overall.”
The major suppliers of automotive combo inertial sensors are Bosch of Germany and Japan’s Murata (formerly VTI) IHS said. Two other potential manufacturers, Panasonic of Japan and Massachusetts-based Analog Devices, will need to develop similar solutions to have a chance in the market, IHS said.