The inventory supply chain was run close to dry in the first part of 2009, and the intervening period up to today has been spent returning levels to the historically normal inventory-to-sales’ ratios. In terms of revenue, the automotive MEMS market will top $2.1 billion in 2014, up from $1.4 billion in 2009, a CAGR of 9.4%.įigure 1: The MEMS sensor market grew over 32% In 2010, 662 million units will ship, exceeding the pre-crisis high point of 2007 of 640 million sensors. By 2014, at least 984 million pressure sensors, accelerometers, gyroscopes, flow sensors, and other assorted MEMS devices will ship, which is up from the 501 million shipped in 2009 - a CAGR of more than 14% ( Figure 1). In fact, sensor production far outstrips what car consumption consumes, due to the replenishment of inventory pipelines that were depleted during the recession of 2009.
As production levels have quickly returned to pre-crisis levels in the world’s major automotive regions, and China - even with current lower overall electronics content per car - continues its meteoric rise, the demand for automotive MEMS sensors is growing very strongly.
By Richard Dixon, senior analyst for MEMS, iSuppliĭecem– The year 2010 is shaping up to be a record year for automotive sensor production.
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