Smartphones and Tablets to Drive MEMS Sensor and Audio Devices Market to More Than $1.5 Billion by 2016
London, United Kingdom - 20 Sep 2011
MEMS vendors range from large multi-national and multi-product suppliers such as STMicroelectronics, Bosch, Texas Instruments, and Freescale Semiconductors, down to suppliers focused on the MEMS market with relatively small product portfolios such as VTI, InvenSense, and Memstech. Each vendor is vying for a slice of a market that will be worth more than $1.5 billion in 2016 for MEMS sensor and audio devices in smartphones and tablets alone.
Certain segments of the market have emerged with continued strong growth potential, including MEMS inertial sensors and microphones. The smartphone and media tablet markets are the driving forces behind this growth. “The MEMS market is going through a transition period, as many other semiconductor market segments have when approaching maturity,” says Peter Cooney, practice director, semiconductors. “Leading vendors understand that to be successful in consumer electronics markets, you have to have economies of scale and be able to supply a broad range of solutions.”
As markets mature, component integration is the key to success, reducing BOM cost and board space while offering customers ease of design and reduced time to market. To this end, vendors are racing to diversify and increase product portfolios. This is driving M&A activity in the MEMS market. Over the next few years, the number of vendors addressing high volume MEMS markets will shrink as larger suppliers acquire companies to increase product offerings and use their expanding portfolios to further integrate and achieve market dominance.
ABI Research’s latest report, “MEMS Vendors: A Competitive Analysis,” provides overviews of 50 MEMS vendors and an in depth look at 15 major vendors, including SWOT analyses, product portfolios, and vendor profiles.
It is part of the Automotive Technology, MEMS, and Mobile Device Semiconductors research services.
ABI Research provides in depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe, and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 40+ research and advisory services. Est. 1990. For more information, visit www.abiresearch.com or call +1.516.624.2500.
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