Due to their relatively high prices and expanding use in a host of automotive, medical and industrial applications, pressure sensors will become the leading MEMS device by 2014, according to IHS iSuppli. Driven by a strong automotive industry recovery after the recession, pressure sensors last year generated $1.22 billion in revenue, up 26 percent from 2009, to reach second place in terms of revenue among all MEMS devices. Growth this year will be more modest at 6.6 percent, but a double-digit expansion is predicted for 2012. By 2014, revenue for MEMS pressure sensors will amount to $1.85 billion.
Continue reading "Pressure sensors to become top MEMS device by 2014" »