|MIG looks forward to advancing MEMS across global markets at next week’s 2012 International CES®. It’s not too late to make your plans to attend!|
Conference Room 7, Second Floor, Las Vegas Hilton
Join press and members of MIG for a complimentary continental breakfast and networking time. (RSVP required)
|MEMS at 2012 CES® PressroomIf you can’t make it to the show, be sure to check out the latest press releases related to MEMS at 2012 CES® in our online press room. MIG members, if you are attending the show and have a press release, make sure to send it to Kacey Wherley at firstname.lastname@example.org for inclusion.|
See you in Las Vegas!
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.