ISuppli said that the market size of automotive MEMS sensors will reach a record high in 2010, but the market growth rate in 2011 will slow down.
Integrated media reported on November 24th that iSuppli, a market research company, said that in 2010, shipments of automotive MEMS sensors will reach 662.3 million, a sharp increase of 32% over the previous year, and the market size will reach a record high. Benefit from the rapid recovery of auto production and the rebuilding of inventory by automotive sensor component suppliers.
According to iSuppli's data research, it is expected that the levels at the end of the year (including the replenishment of inventory depleted in the 2009 recession) will exceed the pre-crisis high level of 640 million in 2007.
However, iSuppli stated that it is expected that the market growth rate in 2011 will slow down, and shipments may only increase by 7.3%, because the market will return to normal after the 2010 boom; the output will rise again in 2020.
ISuppli said that an important factor driving the development of the automotive MEMS sensor market is that sensors are widely used in passenger vehicles in order to support such safety technologies as electronic stability control systems and tire pressure monitoring systems.
Integrated media reported on November 24th that iSuppli, a market research company, said that in 2010, shipments of automotive MEMS sensors will reach 662.3 million, a sharp increase of 32% over the previous year, and the market size will reach a record high. Benefit from the rapid recovery of auto production and the rebuilding of inventory by automotive sensor component suppliers.
According to iSuppli's data research, it is expected that the levels at the end of the year (including the replenishment of inventory depleted in the 2009 recession) will exceed the pre-crisis high level of 640 million in 2007.
However, iSuppli stated that it is expected that the market growth rate in 2011 will slow down, and shipments may only increase by 7.3%, because the market will return to normal after the 2010 boom; the output will rise again in 2020.
ISuppli said that an important factor driving the development of the automotive MEMS sensor market is that sensors are widely used in passenger vehicles in order to support such safety technologies as electronic stability control systems and tire pressure monitoring systems.
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