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.