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IndustryARC

Global Micro-Electro Mechanical Systems (MEMS) Market

Analysis and Forecast (2013 2018)

Energy Harvesting, M2M and Increased Usage in Consumer Electronics to Push for 20% YoY Growth Rates

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TABLE OF CONTENTS

1. Global MEMS Market Overview

2. Executive Summary

3. Global MEMS Market Landscape

3.1. Market Share Analysis

3.2. Comparative Analysis

3.2.1. Product Benchmarking

3.2.2. End user profiling

3.2.3. Patent Analysis

3.2.4. Top 5 Financials Analysis

4. Global MEMS Market Forces

4.1. Market Drivers

4.2. Market Constraints

4.3. Market Challenges

4.4. Attractiveness of the MEMS Industry

4.4.1. Power of Suppliers

4.4.2. Power of Customers

4.4.3. Threat of New entrants

4.4.4. Threat of Substitution

4.4.5. Degree of Competition

5. Global MEMS Market Strategic Analysis

5.1. Value Chain Analysis

5.2. Pricing Analysis

5.3. Opportunities Analysis

5.4. Product/Market Life Cycle Analysis

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5.5. Suppliers and Distributors

6. MEMS Market by Products

6.1. Introduction

6.2. Gyroscopes

6.3. Accelerometers

6.4. Actuators

6.4.1. Hydraulic

6.4.2. Pneumatic

6.4.3. Electric

6.4.4. Mechanical

6.5. Pressure Sensors

6.6. Microphones

6.7. Bio-MEMS

6.8. Micro fluidic devices

6.9. Oscillators

6.10. MEMS Relays and Switches

6.11. Others

7. MEMS Market by Manufacturing Methods

7.1. Bulk Micromachining

7.2. Surface Micromachining

7.3. High Aspect Ratio (HAR) Silicon Micromachining

8. MEMS Market by Materials

8.1. Silicon

8.2. Polymers

8.3. Metals

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8.4. Ceramics

8.5. Others

9. MEMS Market by Industry Verticals

9.1. Introduction

9.2. Industrial

9.3. Consumer Electronics

9.4. Medical

9.5. Automotive

9.5.1. Powertrain

9.5.2. Infotainment

9.5.3. TPMS

9.6. Healthcare

9.7. Defense

9.8. Others

10. MEMS Market - Geographic Analysis

10.1. Introduction

10.2. Americas

10.2.1. North America

10.2.2. Brazil

10.2.3. Argentina

10.2.4. Mexico

10.3. Europe

10.3.1. UK

10.3.2. France

10.3.3. Germany

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10.4. APAC

10.4.1. China

10.4.2. South Korea

10.4.3. Japan

10.4.4. Australia

10.5. ROW

11. Market Entropy

11.1. New Product Launches

11.2. M&As, Collaborations, JVs and Partnerships

12. Investment Opportunities Analysis by Target companies/customers, Capital Investments, ROI, Payback Period and Source of Funds.

13. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)

13.1. Agree Systems Inc.

13.2. Analog Devices

13.3. Boheringer

13.4. Canon

13.5. Denso

13.6. Fairchild Semiconductor Corporation

13.7. FLIR Systems

13.8. Freescale Semiconductor

13.9. GE Sensing

13.10. Hewlett-Packard Development Co.

13.11. Honeywell

13.12. IMT (Innovative Micro Technology) Inc

13.13. Infineon

13.14. Invensense

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13.15. Kionix

13.16. Knowles Electronics Inc.

13.17. Lexmark

13.18. Measurement Specialities

13.19. MEMSCAP S.A.

13.20. Memsic

13.21. Murata

13.22. Omron

13.23. Panasonic Corp.

13.24. Robert Bosch GmbH

13.25. Silicon Microstructures, Inc.

13.26. Sony

13.27. STMicroelectronics NV

13.28. Texas Instruments Inc.

13.29. Triquint

13.30. ULIS

13.31. VTI Technologies

14. Appendix

14.1. Abbreviations

14.2. Sources

14.3. Research Methodology

14.4. Bibliography

14.5. Compilation of Expert Insights

14.6. Disclaimer

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LIST OF TABLES

Table 1 MEMS Market, List of Companies Covered Table 2 Global MEMS Market Competitive Share Analysis, 2013 (%) Table 3 Global Gyroscopes Market Competitive Share Analysis, 2013 (%) Table 4 Global Accelerometers Market Competitive Share Analysis, 2013 (%) Table 5 Global Actuators Market Competitive Share Analysis, 2013 (%) Table 6 Global Pressure Sensor Market Competitive Share Analysis, 2013 (%) Table 7 Global Microphones Market Competitive Share Analysis, 2013 (%) Table 8 Global Bio-MEMS Market Competitive Share Analysis, 2013 (%) Table 9 Global Micro fluidic devices Market Competitive Share Analysis, 2013 (%) Table 10 Global Oscillators Market Competitive Share Analysis, 2013 (%) Table 11 Global MEMS Relays and Switches Market Competitive Share Analysis, 2013 (%) Table 12 Top 5 Financials Analysis, 2011 2013 Table 13 Global MEMS Market Revenue, 2013 2018 ($M) Table 14 Global MEMS Market Volume, 2013 2018 (Million Units) Table 15 Global MEMS Market Revenue, By Product Type, 2013 2018 ($M) Table 16 Global MEMS Market Volume, By Product Type, 2013 2018 (Million Units) Table 17 Global MEMS Market, Pricing Analysis of Product Types, 2013 2018 ($) Table 18 Average Selling Price Analysis, Gyroscopes, 2013 2018 ($) Table 19 Average Selling Price Analysis, Accelerometers, 2013 2018 ($) Table 20 Average Selling Price Analysis, Actuators, 2013 2018 ($) Table 21 Average Selling Price Analysis, Pressure Sensor, 2013 2018 ($) Table 22 Average Selling Price Analysis, Microphones, 2013 2018 ($) Table 23 Average Selling Price Analysis, Bio-MEMS, 2013 2018 ($) Table 24 Average Selling Price Analysis, Micro fluidic devices, 2013 2018 ($) Table 25 Average Selling Price Analysis, Oscillators, 2013 2018 ($) Table 26 Average Selling Price Analysis, MEMS Relays and Switches, 2013 2018 ($) Table 27 Global Gyroscopes Market Volumes, 2013 2018 (Million Units) Table 28 Global Gyroscopes Market Revenue, 2013 2018 ($bn) Table 29 Global Accelerometers Market Volumes, 2013 2018 (Million Units) Table 30 Global Accelerometers Market Revenue, 2013 2018 ($bn) Table 31 Global Actuators Market Volumes, 2013 2018 (Million Units) Table 32 Global Actuators Market Revenue, 2013 2018 ($bn) Table 33 Global Pressure Sensor Market Volumes, 2013 2018 (Million Units)

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Table 34 Global Pressure Sensor Market Revenue, 2013 2018 ($bn) Table 35 Global Microphones Market Volumes, 2013 2018 (Million Units) Table 36 Global Microphones Market Revenue, 2013 2018 ($bn) Table 37 Global Bio-MEMS Market Volumes, 2013 2018 (Million Units) Table 38 Global Bio-MEMS Market Revenue, 2013 2018 ($bn) Table 39 Global Micro fluidic devices Market Volumes, 2013 2018 (Million Units) Table 40 Global Micro fluidic devices Market Revenue, 2013 2018 ($bn) Table 41 Global Oscillators Market Volumes, 2013 2018 (Million Units) Table 42 Global Oscillators Market Revenue, 2013 2018 ($bn) Table 43 Global MEMS Relays and Switches Market Volumes, 2013 2018 (Million Units) Table 44 Global MEMS Relays and Switches Market Revenue, 2013 2018 ($bn) Table 45 Global MEMS Market Unit Shipments, By End Use Verticals, 2013 2018 (Million Units)

Table 46 Global MEMS Market Revenue, By Materials, 2013 2018 ($M) Table 47 Industrial application , MEMS Market Revenue, 2013 2018 ($M) Table 48 Industrial application, MEMS Unit Shipments, 2013 2018 (Million Units) Table 49 Consumer Electronics, MEMS Market Revenue, 2013 2018 ($M) Table 50 Consumer Electronics , MEMS Unit Shipments, 2013 2018 (Million Units) Table 51 Automotive Industry, MEMS Market Revenue, 2013 2018 ($M) Table 52 Automotive Industry, MEMS Unit Shipments, 2013 2018 (Million Units) Table 53 Medical Industry, MEMS Market Revenue, 2013 2018 ($M) Table 54 Medical Industry, MEMS Unit Shipments, 2013 2018 (Million Units) Table 55 Healthcare Industry, MEMS Market Revenue, 2013 2018 ($M) Table 56 Healthcare Industry, MEMS Unit Shipments, 2013 2018 (Million Units) Table 57 Defense Industry, MEMS Market Revenue, 2013 2018 ($M) Table 58 Defense Industry, MEMS Unit Shipments, 2013 2018 (Million Units) Table 59 North America MEMS Market Revenue, 2013 2018($M) Table 60 South America MEMS Market Revenue, 2013 2018($M) Table 61 Europe MEMS Market Revenue, 2013 2018($M) Table 62 Asia Pacific MEMS Market Revenue, 2013 2018($M) Table 63 Middle East and Africa MEMS Market Revenue, 2013 2018($M) Table 64 Recent Product Developments, MEMS Industry Table 65 M&A, JV, Agreements, MEMS Industry

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LIST OF FIGURES Figure 1 Segmentation of MEMS Market by Product Type Figure 2 Segmentation of MEMS Market by End Use Verticals Figure 3 MEMS Market, List of Companies Covered Figure 4 Global MEMS Market Competitive Share Analysis, 2013 (%) Figure 5 Global Gyroscopes Sensor Market Competitive Share Analysis, 2013 (%) Figure 6 Global Accelerometers Market Competitive Share Analysis, 2013 (%) Figure 7 Global Actuators Market Competitive Share Analysis, 2013 (%) Figure 8 Global Pressure Sensor Market Competitive Share Analysis, 2013 (%) Figure 9 Global Microphones Market Competitive Share Analysis, 2013 (%) Figure 10 Global Bio-MEMS Market Competitive Share Analysis, 2013 (%) Figure 11 Global Micro fluidic devices Market Competitive Share Analysis, 2013 (%) Figure 12 Global Oscillators Market Competitive Share Analysis, 2013 (%) Figure 13 Global MEMS Relays and Switches Market Competitive Share Analysis, 2013 (%) Figure 14 Global MEMS Market Revenue, 2013 - 2018 ($bn) Figure 15 Average Selling Price Analysis of MEMS ($), 2013 2018 Figure 16 Global MEMS Market Revenue, Demand Analysis By Type, 2013 (%) Figure 17 Global MEMS Market Revenue, Demand Analysis By Type, 2013 2018($M) Figure 18 Global MEMS Market Revenue, Demand Analysis By End Use Application, 2013 2018($M) Figure 19 Global MEMS Market Revenue, Demand Analysis By Geographic Region, 2013 2018($M)

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REPORT SCOPE 1.1. SCOPE The Global MEMS Market has been segmented into different product types like gyroscopes, accelerometers, Actuators, pressure sensors and others. Each of these segments is further broken down to give an in-depth analysis of the market. The market has also been analyzed by different service segments like consumer electronic devices, chemical and healthcare industries. The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2013 are provided. The prominent players profiled in this report are STMicroelectronics, Denso, Freescale, Infineon, Bosch and others. The report contains the most detailed and in-depth segmentation of the global MEMS market. 1.2. STAKEHOLDERS Product OEMs, contract manufacturers, service providers, component suppliers, material suppliers, system integrators, maintenance companies, IT Providers are the key stakeholders in this market. .

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2. EXECUTIVE SUMMARY Miniaturized mechanical, electro-mechanical components are called micro-electro mechanical systems (MEMS). MEMS are currently being used in a lot of consumer electronic devices, chemical and healthcare industries for a variety of purposes. Manufacturing processes, deposition and etching play a key role in this market. Some of the exciting new opportunities and will be key growth drivers for this market include deployment of MEMS in networks for climate monitoring, oil exploration and production, structural health monitoring, smart highway infrastructure. Robert Bosch, STMicroelectronics, Texas Instruments, HP and Knowles Electronics are the top 5 companies operating this market currently. The MEMS Equipment Market is slated to grow at 19% CAGR for the next five years. The Market is estimated to reach $29.3bn by 2018.

TABLE 15: GLOBAL MEMS MARKET DEMAND ANALYSIS TABLE BY TYPE (2013-2018)

TYPE 2013 2015 2017 2018 CAGR (%)

2013-2018 Gyroscopes xx xx xx xx xx Accelerometers xx xx xx xx xx Micro fluidics xx xx xx xx xx Bio MEMS xx xx xx xx xx Pressure Sensors xx xx xx xx xx

Actuators xx xx xx xx xx

Others xx xx xx xx xx

Total 12.3 xx xx 29.3 19% Source: IndustryARC Analysis The demand for MEMS is growing at a very fast pace across the globe. These sensors are becoming the focal point of all the systems, making them capable of sensing external movements. The companies involved in the MEMS market are collectively striving to make MEMS part of more and more electronics and simplify the integration of the sensors into these systems. The MEMS are used widely in various industrial applications to consumer electronics like smart phones and Notebooks. In some notebooks the MEMS are integrated in order to protect hard drive from damage in case of freefall.

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FIGURE 1: GLOBAL MEMS MARKET SEGMENTATION BY PRODUCT TYPE (2013-2018)

Source: IndustryARC Analysis

Innovative products and services are gradually capturing the MEMS market and sales are increasing year on year. Companies such as STMicroelectronics shipped 3 billion MEMS up to early 2013. Companies are making effort to make sensors to fulfill every design need, increase the production volumes to meet the demand while making the sensors cost effective. Also research is continuing to boost the performance to make them faster and reliable. The report describes the MEMS market by product types, geography, industry verticals and manufacturing methods. High level analysis about the individual MEMS product type costs, strategies, future opportunities along with the business landscape analysis of key market players are focused in the report. This report on the Global MEMS Market identifies many such insights and M&A opportunities, besides providing a detailed analysis of the MEMS services and equipment market.

13%

14%

26% 14%

16%

10%

7%

gyroscopes Accelerometers Microfluidics Bio MEMS

Pressure Sensors Actuators others

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GLOBAL MEMS MARKET - TRENDS The Global MEMS Market in the report has been segmented into product types by function like gyroscopes, actuators, accelerometers, microphones, pressure sensors, bio-mems. It is also segmented by materials used like silicon, metals, ceramics and polymers. The global MEMS market had revenues of around $12.8bn in 2013 and is expected to grow

at a CAGR of around 19% during the forecast period.

Smartphones, tablet PCs and other consumer electronics items like gaming are the highest growing market segments in the MEMS industry. This segment has contributed revenues of around $3.1bn in 2013.

Healthcare segment, Internet of Things or Machine to Machine communication, MEMS

based timing devices will be the future market growth drivers.

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4. GLOBAL MEMS MARKET FORCES 4.1. MARKET DRIVERS 4.1.1. Demand from Automotive Industry Key Growth Driver for MEMS The production and order levels of the MEMS in recent times have been directly related to the

demand from the consumer electronics segment specifically smartphones and the

telecommunication industry. However the automotive industry is also slowly increasing its

demand for MEMS due to the implementation of products like advanced driver assistance

systems in passenger cars. China, USA and Japan for example were the top three regions in 2012

with highest car sales and by 2016 India is expected to replace Japan.

SAMPLE FIGURE: GLOBAL PASSENGER CAR SALES, 2013 2018 (MILLION UNITS)

Source: IndustryARC Analysis, OICA Growth of the overall passenger car sales is being influenced by a variety of factors like subsidies

for electric cars, demand for compact cars and incorporation of connectivity and safety solutions

in the passenger cars by automotive OEMs. The overall market sales are expected to increase

from around 80 million units in 2013 to cross 100 million units by 2018. The average selling

price of MEMS used in this sector is comparatively high due to the high quality and safety

standards that are to be met. This implies higher profit margins and revenues to the

manufacturers. Increasing car sales coupled with the increasing amount of sensors and electronic

components in the cars will be a key growth driver for the global MEMs market according to

IndustryARC.

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20

40

60

80

100

120

2013 2014 2015 2016 2017 2018

Mill

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14.3. RESEARCH METHODOLOGY The quantitative and qualitative data collected for the MEMS market report is from a combination of secondary and primary sources. Research interviews were conducted with senior executives and/or managers of leading MEMS solution providers. These Key Opinion Leaders (KOLs) were then provided a questionnaire to gather quantitative and qualitative inputs on their operations, performance, strategies and views on the overall market, including key developments and technology trends. Data from interviews is consolidated, checked for consistency and accuracy, and the final market numbers are again validated by experts. The global market was split by products, services and geography based on different factors like primary and secondary sources, understanding of the number of companies operating in each segment and also KOL insights. We have used various secondary sources such as directories, articles, white papers, newsletters, annual reports and paid databases such as OneSource, Hoovers and Factiva to identify and collect information for extensive technical and commercial study of the MEMS market. The key players in the market and its value chain were identified through secondary research and their market opinions were also gathered in a similar way through telephonic interviews and questionnaires. We have also studied the annual reports of these top market players. Interviews with key opinion leaders such as directors, managers, marketing personnel were used extensively in understanding the need and emergence of MEMS market.

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THE ARC ADVANTAGE An analytical model lies at the core of our process, ensuring logical consistency throughout our research. We complement the model with secondary data and interviews with industry experts to reflect the latest trends. With our final expert validation, we provide you with only the most accurate and actionable intelligence.

THE ARC PROCESS

ANALYTICAL MODEL BASE MODEL CONSOLIDATED MODEL ARC MODEL

Analytical Method

Base Method Consolidation Method

Delphi Verification

1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market 3. Assign weights to these factors in terms of their relevance and impact on the market 4. Build the Analytical Model

1. Get a top-down estimate of the market 2. Follow it up with a bottom-up estimate of the market 3. Check forconsistency and new growth factors that are relevant over the next 10 Years 4. Build the Base model

1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market. 3. Assign weights to these factors in terms of their relevance and impact on the market. 4. Build the Consolidated Model

1. Verify the findings of the model with experts from across the value chain 2. Verify the findings with players across small and large enterprises 3. Tweak the model and add new factors 4. Finalize the ARC Model

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