Micro Electromechanical Systems -- MEMS -- Device Markets Expand Into New Areas, According to Study by Peripheral Research
SANTA BARBARA, Calif.--Aug. 27, 2002--The MEMS (Micro Electromechanical Systems) markets are expected to triple between 2000 and 2005 from $3.8 billion to over $11 billion. MEMS devices have been used for years as sensors for Automotive Air Bag deployment, Ink Jet Print heads, and Blood Pressure sensors. During the next few years a variety of new applications will emerge:| -- | Optical Network Switches |
| -- | Image Sensors |
| -- | Accelerometers |
| -- | Drive By Wire Automobiles |
| -- | Brake By Wire Automobiles |
| -- | Bio Chips/DNA analysis |
| -- | Digital TV Products |
| -- | Game Controllers |
| -- | Data Storage positioning motors |
The technology will change from a sensor-based technology today, to an actuator technology, with very controlled microscopic movements. With increased production volume expected from the new applications comes a lower price which will open up new markets. During 2001 the sensor prices were approximately $10.00 per unit; this is expected to decrease to $1.00 for the same product in 2005.
A new report from Peripheral Research Corporation identifies some of the product uses, and industry trends, which will drive these new markets; as well as some initial market forecast data to identify the growth areas. Of these new markets, Optical Switches, Sensors (Automobile and other), and Bio Medical products are expected to be the large growth segments. This new 100 page report is available at a price of $995.00 from:
Peripheral Research Corporation
Phone (805) 563-9720
FAX (805) 563-6020
351 Hitchcock Way B-200
Santa Barbara, Calif.