Driven by the rapid recovery in automotive production and inventory rebuilding among sensor component suppliers, the market for automotive microelectromechanical system (MEMS) sensors will expand to record size in 2010, according to the market research firm iSuppli Corporation, now part of IHS Inc.
Marking a new high point for the industry, shipments of automotive MEMS sensors will reach 662.3 million units in 2010, up a robust 32.1% from 501.2 million units in 2009. The projected year-end levels--including the replenishment of inventory that was depleted during the recession of 2009--will exceed even the pre-crisis high point in 2007 of 640 million sensors, iSuppli research shows.
The recovery in automotive MEMS shipments represents a turnaround from the depressed levels of 2009 when shipments cratered and reached a nadir, and the years ahead will provide additional room for expansion.
Nonetheless, growth will slow in 2011, with shipments anticipated to climb just 7.3% as the market normalizes following the exuberance in 2010. Production then will pick up again in 2012, and growth rates will end up north of 13% by 2014, as shown in the attached figure.
Big Shapers, New Applications
“One significant engine of automotive MEMS growth is the use of sensors in passenger cars supporting mandated safety technologies such as electronic stability control (ESC) and tire pressure monitoring systems (TPMS),” said Richard Dixon, Senior Analyst for MEMS and Sensors at iSuppli. “The United States and Europe have led the adoption of legislation on such safety systems, and other countries like Australia and Canada, have quickly followed suit. However, similar mandates are now being adopted in South Korea and are expected in Japan, accelerating overall adoption rates worldwide.”