According to the IHS iSuppli MEMS high-value MEMS market tracking report of information and analysis company IHS, the high-value microelectronic mechanical systems (MEMS) market grew weakly last year, mainly due to the weakness of mainstream medical electronics and industrial sectors.
High-value MEMS refers to MEMS whose average sales price is significantly higher than other MEMS devices. The sales revenue of this market in 2012 reached US $ 1.63 billion, an increase of 6.5% compared with US $ 1.53 billion in 2011. Although sales revenue increased, the growth rate decreased compared with 12.5% ​​in 2011.
As the industry begins to recover in the second half of this year, it will achieve a small growth this year, reaching 7.4%, or $ 1.8 billion. The growth rate will be improved by 2014, rising to 10.3%. It is also predicted to improve in 2015 and 2016, rising by about 9.0%, as shown in the chart below.
Weakness in the medical electronics and industrial sectors has led to a slowdown in the growth of the high-value microelectronic mechanical systems market (MEMS)
Dr. Richard Dixon, Chief Analyst of IHS MEMS and Sensors, said: "Last year ’s high-value MEMS market growth slowed due to the slowdown in sales of medical electronics and the widespread downturn in the industrial sector. In the medical electronics market, in the past 18 months The weak market performance reflects the uncertainty of the global economy. The unfavorable macroeconomic factors also inhibited the end-user demand for industrial electronic semiconductors, further aggravating the downturn. The strong performance of the telecommunications, aviation, oil and gas sectors has slightly recovered the high-value MEMS The market has slowed the negative impact of the weak sector. "
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