Smartphones and media tablets drive expansion; 3-axis gyroscope is the star MEMS device
Contributed by Jérémie Bouchaud, Director and Principal Analyst, MEMS, iSuppli
The MEMS market for its largest and most dynamic sector, consumer and mobile devices, is set to generate record growth in 2011 on the back of robust exposure in smart-phone and tablet applications, according to a Consumer & Mobile MEMS Market Tracker report from information and analysis provider IHS.
Revenue in 2011 for consumer and mobile MEMS will hit $2.25 billion, up a best-ever expansion level of 37 percent, compared to the previous high-water mark of 27 percent in 2010 when revenue reached $1.64 billion. Consumer MEMS growth slowed to 6 percent in 2009 during the crucial period of recovery following the deep economic crisis of the prior year, but that has proven to be the only soft spot for the market. Overall, the ﬁve-year revenue prospects starting from 2010 call for solid growth by a factor of nearly three to $4.54 billion in 2015, equivalent to a Compound Annual Growth Rate of 22.5 percent.