Yole says MEMS will continue to grow | Automation.com

Yole says MEMS will continue to grow

Yole says MEMS will continue to grow

July 4, 2012 – Yole Développement says MEMS will continue to see steady, sustainable double digit growth for the next six years, with 20% compound average annual growth in units and 13% growth in revenues, to become a $21 billion market by 2017.

Yole Développement expects continued strong growth in motion sensing and microfluidics as those sectors will increasingly come to dominate the MEMS market totals, making up almost half of the overall market in 2017, with accelerometers, gyroscopes, magnetometers and combos accounting for about 25% of the total, and microfluidics for 23%. To better track important developments in inertial, Yole has broken out a separate category for combo sensors in its market data and forecasts this year. The market for discrete inertial sensors will begin to decline, but the growth for inertial combo solutions will be huge. Though currently less than $100 million niche, Yole expects combos to be a $1.7 billion opportunity by 2017.

Almost all MEMS players had a growth in sales in 2011 compared to 2010. Companies involved in inertial sensors and microphones are growing the most.

Strategic MEMS business models analysis
In MIS 2012, Yole analyzes the different MEMS players’ business model. A focus is made on STMicroeletronics and Bosch case studies. STMicroeletronics is currently becoming a leader in the MEMS market, hardly challenged by Robert Bosch.

STMicroeletronics has been able to diversify its MEMS offer with a wide range of MEMS devices and 90% of its IDM business done with 2 devices only (accelerometers, gyroscopes). It has anticipated the growth with early investment in high-volume manufacturing infrastructure with a 8’’ production line. Today, STMicroeletronics has entered into diverse partnerships to speed time to market and enlarge product offering. On the other hand, Bosch benefits from the fab infrastructure primarily dedicated to automotive applications to decrease price.

New MEMS devices are coming with CAGR > 90% for some of them!
Every year brings new business in the MEMS landscape. Today, combo sensors are reshuffling the cards in the competitive landscape. But the MEMS market is still very fragmented, with a number of high volume MEMS applications still limited today. However, a whole range of new MEMS devices now reaches the market and new “emerging MEMS” devices are coming as well. Some of them have the possibility to ramp up to large volumes quickly: especially those that can be applied to mobile devices (RF MEMS switches, oscillators, auto-focus…).

New sensors (humidity, touchscreen…) and actuators (switches, energy harvesting…) are driving future growth

In addition to those emerging MEMS, growth of the MEMS market will also come from existing sensors that are expanding into new market spaces, sometimes using new types of integration (e.g. pressure sensors).

MEMS acquisitions have skyrocketed in 2011

In 2011, both the number and values of MEMS transactions have boomed. A total of $1.7B MEMS acquisition value has been realized in 2011.

Early stage MEMS companies are acquired at high prices (e.g., SensorDynamics, Pixtronics…) because there are a limited number of candidates which are private and have a solid technology, which make them increasingly attractive given the expansion of the MEMS market and the willingness of many large companies to enter this area.

About Status of the MEMS industry report:
Authors:


Dr Eric Mounier, has a PhD in microelectronics from the INP Grenoble. Since 1998 he is a co-founder of Yole Développement, a market research company based in France. He is in charge of market analysis for MEMS, equipment & material. He is Chief Editor of Micronews, and MEMS’Trends magazines (Magazine on MEMS Technologies & Markets).

Laurent Robin is in charge of the MEMS & Sensors market research at Yole Développement with a focus on inertial sensors & RF MEMS related technologies. He holds a Physics Engineering degree from the National Institute of Applied Sciences in Toulouse, plus a Master Degree in Technology & Innovation Management from EM Lyon Business School, France.

Price: Euros 3,990.00 (single user license)

About Yole Développement
Beginning in 1998 with Yole Développement, we have grown to become a group of companies providing market research, technology analysis, strategy consulting, media in addition to finance services. With a solid focus on emerging applications using silicon and/or micro manufacturing, Yole Développement group has expanded to include more than 50 associates worldwide covering MEMS, Microfluidics & Medical, Advanced Packaging, Compound Semiconductors, Power Electronics, LED, and Photovoltaics. The group supports companies, investors and R&D organizations worldwide to help them understand markets and follow technology trends to develop their business.
   


 

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