MEMS pressure sensors will achieve accelerated growth this year and become the leading type of MEMS device, driven by increasing use in automotive and the fast-growing handset space, according to IHS. Revenue for MEMS pressure sensors this year will reach a projected $1.71 billion, up 14 percent from $1.50 billion in 2012. This year's growth improves on the already solid 11 percent increase of 2012, but even rosier prospects are in store next year when expansion peaks at 16 percent. Steady, uninterrupted growth will continue until at least 2017, by which time the market will be worth $2.49 billion. Used for control and monitoring purposes in a myriad of applications, pressure sensors are set this year to become the biggest-selling MEMS device, displacing the incumbent leaders: accelerometers and gyroscopes.
Continue reading "Pressure sensors to rise to top of MEMS market in 2013" »