Accelerometers and gyroscope sensors see spiralling growth

Accelerometers and gyroscope sensors – the largest and fastest-growing sensor product category – will see sales growth of $5.9bn in 2016 compared to $2.4bn in 2011, says IHS.

Sales of magnetic-field sensors, such as Hall-effect devices and electronic compass chips, will grow to $2.7bn in 2016 from $1.3bn in 2011.

Pressure sensor sales are expected to rise by to $2bn in 2016 from about $1bn in 2011.

The entire sensor market will reach almost $11bn in 2016.

Accelerometers and gyroscope devices, along with most pressure sensors, use microelectromechanical systems (MEMS) structures to measure and detect changes around them.

MEMS-based devices now account for about 70% of total sensor revenues compared to 54% in 2005. MEMS-based sensors sales will grow by a CAGR of 19% between 2011 and 2016.

Sensors are part of a broader semiconductor market segment that also includes actuators, such as micro-mirror devices, surface-acoustic wave (SAW) filters, microfluidic chips, inkjet nozzle components, and other MEMS-based products that initiate physical actions from electronic signals.

Sensor sales accounted for 56% of this market’s overall sales in 2011, while actuators represented 44%, or $3.7 billion, last year. MEMS-based actuator sales are expected to grow by a CAGR of 15% to $7.5bn in 2016.

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