Monday, September 8, 2014

Established MEMS companies must develop new strategies

LYON, FRANCE: In 2013, the MEMS business showed an overall growth of 10.4 percent, reaching $12 billion at the end of the year.

“This expansion mainly results from the significant growth of the MEMS market for consumer application,” explains Yole Développement (Yole). However this trend is slowed down by the strong price pressure: -7 percent price decrease per year is announced by Yole’s analyst. What is the best strategy to meet with the success?

Yole Développement released one of its best sellers, Status of the MEMS Industry in 2014. Describing and analyzing MEMS technologies & market trends, this report announces 2013-2019 market data covering more than 220 MEMS applications.

”If we look at the top MEMS players, we see that STMicroelectronics, while still producing at high volume, is struggling to stop the decrease of the price of its own products – even though it’s shown impressive growth over the last several years, and reached $1 billion sales in 2012 – the first MEMS company to do so,” explains Dr. Eric Mounier, senior, Technology and Market analyst, MEMS devices & technologies at Yole.

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