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iSuppli confirms STMicroelectronics lead in Consumer MEMS space

Thu, 01/27/2011 - 9:50am
Switzerland/USA, 25th January - Market analyst iSuppli has reported that STMicroelectronics consumer MEMS sales grew 63% in 2010 to reach $353 million - almost twice the revenue of its closest competitor. ST has become the leading supplier to mobile and consumer manufacturers for both motion-sensor types – accelerometers and gyroscopes. Having captured around 50% of the consumer accelerometer market in just a few years, ST has achieved similar success in MEMS gyroscopes. The company has introduced more than 30 gyroscopes since 2008 and boosted its gyro revenue-based market share from less than 1% in 2009 to 30% in 2010.

The consumer MEMS market grew 27% in 2010 to US$1.6 billion and similar growth is expected in the next few years, with revenues topping US$3.7 billion by 2014, according to iSuppli. The continued demands from consumer and mobile applications dominate the growth and these fields are expected to become the biggest MEMS segment by 2014.

www.st.com

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