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Monday, August 16, 2010

Forecast: #MEMS Rising to $1.5 Billion Market in 2010

Micro-electro-mechanical systems (MEMS) is the fastest growing semiconductor chip segment, boosted by wide proliferation in consumer electronics devices like smartphones. Look for MEMS chips to make every consumer electronics device smarter over the next five years. RColinJohnson @NextGenLog


iSuppli breaks down its seven year market prediction for MEMS chips by application categories.

The micro-electro-mechanical system (MEMS) chip market is booming along with the high-profile consumer electronics devices using them, propelling a $1.5 billion MEMS chip market in 2010, according to market forecaster iSuppli Corp. Cell phones dominate this growth, led by the phenomenal successes of Apple's iPhone and other smartphones which copy its sensor complement, according to iSuppli (El Segundo, Calif.) MEMS accelerometers and gyroscopes are already used in digital cameras, gaming controllers and automobiles, but by 2014 Apple's iPad will have pioneered the new touchscreen tablet space, helping to propel the MEMS chip market to over $3 billion by 2014, according to the firm.
Full Text: http://bit.ly/NextGenLog-aygX