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103M MEMS seen shipping in 2010

Posted: 13 Sep 2010 ?? ?Print Version ?Bookmark and Share

Keywords:MEMS? actuators? microvalves?

Global warming, aging populations, and other current issues are driving the growth of high-value MEMS, according to market watcher iSuppli Corp., which says that revenue for the category will grow robustly this 2010 and beyond.

Revenue from high-value MEMSsensors and actuators for applications that are outside the high-volume CE and automotive volume marketsis projected to grow nearly 30 percent in 2010, reaching $1.6 billion, according to iSuppli. The number of high-value MEMS units shipped is projected to reach 103 million units this year, up from about 87 million in 2009, the firm said.These MEMS address the industrial, medical, energy, optical telecom and aerospace-defense market segments.

According to iSuppli's five-year forecast, high-value MEMS revenue will hit $2.6 billion in 2014, representing a compound annual growth rate of 19.7 percent starting in 2009.

Richard Dixon, senior analyst at iSuppli, notes "MEMS microvalves, pressure sensors and flow sensors are used to help reduce energy consumption in industrial processes, residential heating and transportation systems." He adds that "MEMS sensors and actuators also play an important role in less invasive monitoring procedures for patients and elderly people, while increasing the efficiency and comfort of drug delivery. And in China, fiber deployments in the country are helping stimulate the overall global optical MEMS market for telecommunications."

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