Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > Press > Commodity-Level Prices and Tough Economic Conditions Slowing MEMS Growth

Abstract:
Research and Markets (www.researchandmarkets.com/reports/c93017) has announced the addition of "2008 MEMS Forecast" to their offering.

Commodity-Level Prices and Tough Economic Conditions Slowing MEMS Growth

DUBLIN, Ireland | Posted on May 28th, 2008

Although revenues for MEMS (micro-electro-mechanical systems) reached record levels in 2007, aggressive price reductions, legal wrangling, and rising pressure from competitive non-MEMS technologies took their toll on the MEMS industry. While sales of sensors for industrial automation surged, it wasn't enough to make up for significant revenue shortfalls in other core segments. Revenues for MEMS as a whole rose just 5.8% in 2007 to $8.6 billion, with numerous markets experiencing retrenchment.

Declines in automotive production, saturation of the consumer ink jet market, a change in direction for digital TVs, and even ongoing legal disputes are being compounded by record energy prices, low consumer confidence and recessionary conditions.

The march toward commodity-level pricing for tri-axis accelerometers (and gyro sensors) over the past two years means that the onus for growth now lies in driving unit shipments … a tough prospect in the short term. Those in the know have already turned their attention to industrial automation, and the combined use of GPS, RFID and MEMS sensors are projected to have a significant impact on commercial applications.

Beyond automation, there are a number of areas to watch. The shift from televisions to "pico-projectors" is rapidly evolving, and optical networking is making a comeback. RF MEMS may reach a turning point in 2009, but as with microphones, there are inherent business model problems. MEMS suppliers must also not dismiss the impact nanomaterials may eventually have on this industry.

Despite a few bright spots, overall near-term growth is projected to remain minimal. As a result, unit shipments of MEMS devices are forecast to increase at a CAGR of 6.4% through 2012, with revenues forecast to increase at a CAGR of 5.5% during the same period.

Some of the companies highlighted in the 2008 MEMS Forecast include: Analog Devices, Avago Technologies, Dell, FLIR Systems, FormFactor, Freescale Semiconductor, Emerson Electric, GE, Hewlett-Packard, Honeywell, Illumina, Infineon Technologies, Kodak, Microvision, Qualcomm, Schneider Electric, STMicroelectronics, Texas Instruments and Yokogawa.
CONTENTS:
Executive Summary
Methodology
A Look Back - The Past Twelve Months
- Acquisitions
- IPOs
- Venture Capital Funding
- Supplier Rankings
A Look Ahead - The Next Few Years
- The Nanotechnology Angle
- 2008 Forecast
Forecast by Product Category
- Overall Revenue
- Overall Unit Shipments
- Inertial Sensors
- Inertial Sensor Forecast
- Pressure Sensors
- Pressure Sensor Forecast
- Microfluidics
- Microfluidics Forecast
- All Other MEMS Products
- All Other MEMS Forecast
Forecast by Market
- Overall Revenues
- Overall Unit Shipments
- Automotive
- Computing
- Consumer
- Industrial
- Medical

--TABLES AND FIGURES ALSO INCLUDED--

####

About Research and Markets
We are the leading source for international market research and market data. We hold ‘000’s of major research publications from most of the leading publishers, consultants and analysts. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends

We are a ‘One-Stop-Shop’ for market research reports and industry newsletters from specialist research firms and niche market analysts.

For more information, please click here

Contacts:
Research and Markets
Laura Wood, Senior Manager,
Fax: +353 1 4100 980

Copyright © Business Wire 2008

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

New lithium-oxygen battery greatly improves energy efficiency, longevity: New chemistry could overcome key drawbacks of lithium-air batteries July 26th, 2016

Scientists test nanoparticle drug delivery in dogs with osteosarcoma July 26th, 2016

Nanometrics Reports Second Quarter 2016 Financial Results July 26th, 2016

Ultrasensitive sensor using N-doped graphene July 26th, 2016

MEMS

Integration of novel materials with silicon chips makes new 'smart' devices possible July 25th, 2016

New research unveils graphene 'moth eyes' to power future smart technologies: New ultra-thin, patterned graphene sheets will be essential in designing future technologies such as 'smart wallpaper' and Internet-of-things applications March 1st, 2016

Vesper Collaborates with GLOBALFOUNDRIES to Deliver First Piezoelectric MEMS Microphones: Acoustic sensing company works with top foundry to support mass-market consumer products January 21st, 2016

MEMS & Sensors Industry Group Previews “Internet of MEMS & Sensors” at CES 2016 -- Global industry association invites CE OEMS/integrators to conference track on January 7 January 6th, 2016

Announcements

New lithium-oxygen battery greatly improves energy efficiency, longevity: New chemistry could overcome key drawbacks of lithium-air batteries July 26th, 2016

Scientists test nanoparticle drug delivery in dogs with osteosarcoma July 26th, 2016

Nanometrics Reports Second Quarter 2016 Financial Results July 26th, 2016

Ultrasensitive sensor using N-doped graphene July 26th, 2016

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

New lithium-oxygen battery greatly improves energy efficiency, longevity: New chemistry could overcome key drawbacks of lithium-air batteries July 26th, 2016

Scientists test nanoparticle drug delivery in dogs with osteosarcoma July 26th, 2016

Ultrasensitive sensor using N-doped graphene July 26th, 2016

The NanoWizard® AFM from JPK is applied for interdisciplinary research at the University of South Australia for applications including smart wound healing and how plants can protect themselves from toxins July 26th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic