MEMS Market Update: IoT as a Driving Force

The market for Micro Electrical Mechanical Systems (MEMS) has been growing at a fast rate.  In 2015 sales of MEMS devices exceeded $14.2 billion, an annual growth of 11.6%. Semico Research projects that by 2020 MEMS sales will reach $28.7 billion.  This is a Compound Annual Growth Rate (CAGR) of 15.1% from 2015 to 2020.  Gyroscopes and accelerometers will account for a significant amount of the MEMS revenues. But growth will be driven by a wide variety of emerging MEMS.

This report includes MEMS shipments by type as well as ASPs.  It focuses on MEMS in cell phones, automotive, and industrial and home automation.  This data-rich study is 59 pages long, with 26 tables and 27 figures.