SAN FRANCISCO—The market for acceleration and yaw sensors grew 7 percent in 2012, the lowest percentage increase for motion-sensing semiconductors since 2005, according to market research firm IC Insights Inc.
Despite slower growth, acceleration/yaw sensors—which are accelerometers and gyroscope devices primarily made with microelectromechanical systems (MEMS) technology—reached record-high sales of $2.54 billion in 2012, surpassing the previous peak of $2.37 billion in 2011, when market revenues rose 27 percent, according to IC Insights' latest report and forecast for the optoelectronics, sensors/actuators and discretes (OSD) market. IC Insights (Scottsdale, Ariz.) predicts that acceleration/yaw sensor sales will increase by 12 percent in 2013 to reach $2.84 billion. In 2014, sales are forecast to rise by an additional 19 percent to $3.39 billion, according to the firm. Between 2012 and 2017, acceleration/yaw sensor sales are projected to rise by a compound annual growth rate (CAGR) of nearly 17 percent, reaching $5.47 billion in 2017, IC Insights said.
Between 2007 and 2012, acceleration/yaw sensor sales grew by a CAGR of 24 percent, according to IC Insighs OSD report.
Since the 1990s, the use of MEMS-based accelerometers and gyroscope devices has expanded from automotive safety systems to new sensing applications in cellphones, tablet computers, video-game controllers, media players, and other portable consumer products, IC Insights said. 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, according to IC Insights.