IoT will drive MEMS market to $120mn in 2018: IHS

Global market revenue for microelectromechanical systems (MEMS) directly used in industrial IoT equipment will rise to $120 million in 2018, up from $16 million in 2013, said a new report from IHS Technology.

The growth will be more visible in segments like asset-tracking systems, smart grids and building automation, the report said.

MEMS also will be indirectly used to support the deployment of the IoT, such as devices employed in data centers. This indirect market for industrial IoT MEMS will increase to $214 million in 2018, up from $43 million in 2013.

Global market shipments for industrial IoT equipment are expected to expand to 7.3 billion units in 2025, up from 1.8 billion in 2013.  The industrial IoT market primarily comprises nodes, controllers and infrastructure, and used in markets ranging from building automation to commercial transport, smart cards, industrial automation, lighting and health. Such gear employs a range of MEMS device types including accelerometers, pressure sensors, timing components and microphones.

MEMS market revenue - IHS

“The Internet of things is sometimes called the machine-to-machine (M2M) revolution, and one important class of machines—MEMS—will play an essential role in expansion of the boom of the industrial IoT segment in the coming years,” said Jeremie Bouchaud, director and senior principal analyst for MEMS and sensors at IHS.

“MEMS sensors allow equipment to gather and digitize real-world data that then can be shared on the Internet. The IoT represents a major new growth opportunity for the MEMS market,” Bouchaud added.

To support the deluge of data that IoT will generate, major investments will be required in the backbone infrastructure of the Internet, including data centers. This, in turn, will drive the indirect demand for MEMS used in such infrastructure, IHS said.

Data centers will spur demand for optical MEMS, especially optical cross connects and wavelength selective switches. Big data operations also will require large quantities of integrated circuits (ICs) for memory. The testing of memory ICs makes use of MEMS wafer probe cards.

Source: IHS

[email protected]

Related News

Latest News

Latest News