In market leader Bosch's case the slip was marginal – from $1.214 billions of MEMS sales in 2015 to $1.160 billion in 2016 and the company retained its number one ranking. In the case of ST – which in 2017 is rebounding from a period refreshing its MEMS products – the dip was substantial. ST's sales fell from $785 million in 2015 to $630 million and the company fell from second to fourth position in the ranking.
Top 30 MEMS manufacturers by 2016 sales in $millions. Source: Yole Developpement. To see a larger, scalable version of this chart click here
ST was overtaken by Texas Instruments which increased its sales to $787 million and by Broadcom Ltd., the new name of Avago Technologies, where sales jumped from $630 million in 2015 to $910 million in 2016 mainly on the strength of MEMS for RF and filtering applications.
The 2016 ranking shows the effect of RF use of MEMS and RF MEMS filters represent the strongest growth sector with a forecast compound annual growth rate of 35 percent over the period 2017 to 2022. Qorvo has also benefitted from RF front-end market growth and its revenues have climbed from $145 million to $585 million over three years.
The total value of the sales of the top 30 MEMS companies was $9.35 billion, up 1.6 percent on 2015, Yole said. So annual sales declines by Bosch, ST, and TDK including InvenSense and Tronics Microsystems represent a loss of market share.
Market leader Bosch is based on the twin pillars of automotive and consumer electronics where it experiences price pressure in competition with ST and TDK, Yole said.
Next: TI does it with mirrors