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MEMS in Consumer Electronics Moving Forward, Says In-Stat
November 14, 2002 |Estimated reading time: 1 minute
Scottsdale, Ariz. -- As far as the consumer electronics market is concerned, MEMS is slowly heading in the right direction, according to In-Stat/MDR.
The high-tech market research firm reports that the technology is moving forward in terms of device development, increased unit shipments, and most importantly, price reduction -- all of which will allow MEMS companies to capture market share in a growing number of applications. As a result, unit shipments of MEMS devices for consumer electronics products are forecast to increase from 5.2 million in 2001 to 189.4 million in 2006, at a compound annual growth rate of 105.2 percent.In-Stat/MDR has also found that:
- Those devices that will impact this sector the most consist of accelerometers, gyros, microphones, optical MEMS, RF MEMS and others. Key applications include home theater, camcorders, digital TVs, cell phones and electronic toys.
- Depending on whether the workability of certain MEMS devices that are currently in development can be proven, other applications with strong potential include MP3 players, digital cameras, portable DVD players, set top boxes and PDAs.
- Revenues for MEMS devices for consumer electronics products will rise to $613.5 million in 2006 (at a CAGR of 21.5 percent), up from $124.3 million in 2001 -- despite average selling prices that will decline fairly steeply throughout the forecast period.
The report, "MEMS and Consumer Electronics: Two Steps Forward, One Step Back?" provides an overview of the consumer electronics market and what role MEMS technology will play through 2006. First, is an overview of what occurred in 2002 (in terms of product development, customer wins, etc), the report then takes a look at what one can expect to happen in 2003 and beyond. It also discusses the devices that are finding their way into consumer electronics, who's developing them, and what the competitive challenges are. Key applications being pursued are outlined, as well as where MEMS fit, and an opportunity outlook for each application segment is also presented. The report concludes with a worldwide forecast of unit shipments, average selling price, and revenues through 2006.