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.