#MEMS: "Analysts split on MEMS growth rate forecasts"

The micro-electro-mechanical system (MEMS) chip market will grow to over $7 billion in 2010, according to analysts at iSuppli Corp. and Yole Development, who spoke at the MEMS Executive Congress Wednesday (Nov. 3) in Scottsdale, Ariz. Both analysts forecast double-digit growth over the next five years, but Yole's growth prediction outpaced iSuppli's, projecting a $16 billion market by 2014. ISuppli projects that the market will be worth about $10 billion in 2014. One difference in the two forecasts is emerging MEMS markets in borderline device like electronic-compasses, which Yole counts but iSuppli does not include. Also, iSuppli only counts microfluidic devices cast on silicon substrates,
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