MEMS market on 14% CAGR

May 18, 2017 // By Peter Clarke
The annual market for MEMS components will hit $13.2 billion in 2017 and nearly double to reach $25.5 billion in 2022, according to Yole Developpement.

This corresponds to an compound annual growth rate over the period of 14 percent.

MEMS market forecast 2017 to 2022, in US dollar billions. Source: Yole Developpement.

Related links and articles:

News articles:

Bosch, ST lose market share in 2016 MEMS vendor ranking

Bosch leads, ST stalls, InvenSense climbs in MEMS top 30 ranking

Bosch pulls ahead in MEMS top 30 ranking

ST drops in 2014 MEMS ranking, says IHS

Yole predicts the 'sensorization' of modern life


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