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Tuesday, March 23, 2010

"MEMS: Report highlights emerging 'killer apps'"

Emerging micro-electro-mechanical systems (MEMS) applications promise to herald a new era of killer MEMS apps, according to market research firm Yole Development. Look for a new MEMS applications like electronic compasses and diminutive oscillators to go mainstream in the next three years. R.C.J.


Yole predicts that the emerging MEMS segment will grow from $550 million in 2009 to over $2 billion in 2015, while the overall MEMS market climbs from $7 billion in 2009 to more than $18 billion in 2015. Some of the applications reported as potential "killer apps" are already familiar, such as MEMS oscillators, the sales of which already account for a share of the reported $550 million in emerging device sales in 2009. Growth in oscillators is predicted to soon accelerate around the "knee" of the hockey stick curve that marks success for a developing technology. MEMS applications just taking off include minuscule electronic compasses for navigation and diminutive bolometers that measure incident electromagnetic radiation by raising their temperature.
Full Text: http://bit.ly/9GPZCg