After years of limited growth, the MEMS pressure sensor market is growing due to consumer electronic applications and is expected to show a 22% CAGR
EMERGING CONSUMER APPLICATIONS ARE BOOSTING THE GROWTH OF THE MEMS PRESSURE SENSOR MARKET AND RESHUFFLING THE MAIN PLAYERS
Pressure sensors are playing an important role today in modern industries. MEMS pressure sensor is already widely adopted in different applications for its high-performance, low cost and small size.
MEMS pressure sensor is one of the very first MEMS components appearing in the microsystem world. The technologies are quite mature and the market is big and expected to grow from $1.9B in 2012 to $3B in 2018. MEMS pressure sensor for consumer applications, especially for smartphones and tablets, is following the model of accelerometers and gyroscopes. Adoption of this model will help the MEMS pressure sensor market to boom again! Yole Développement believes this huge opportunity will result in the global volume of the MEMS pressure sensor market hitting 2.8 billion units by 2018. Consumer pressure sensor will represent 1.7 billion units and will overtake automotive as the market leader in volume! Even though the consumer application has a much lower ASP than other applications, this promising segment will bring more than 8% CAGR to the global MEMS pressure sensor market. Yole Développement carefully watches this market. This report has consolidated market data for 2012 and provides forecasts until 2018.
In this report, we provide a global overview of the current MEMS pressure sensor technologies, market and competitive landscape. The covered industries in the MEMS pressure sensor 2013 report are:
- Automotive applications
- Industrial applications
- Medical applications
- Consumer electronics applications
- High-End (aeronautic, military, defense) applications
For each of the above, the report gives a market description, examples of the main applications, current market data and forecasts, the main device manufacturers and examples of products. Automotive applications are still dominating the MEMS pressure sensor market. TPMS, MAP and BAP will be the biggest sub applications in this field. Automotive, medical, industrial and high-end markets are growing 4% to 7% however the consumer market is growing 25% in value (38% in volume) because of new opportunities in smartphones and tablets.
More information on that report at http://www.i-micronews.com/reports/MEMS-Pressure-Sensor/1/359/