MEMS: Always Evolving, Still Delivering Value
ABSTRACT
The MEMS industry is still bringing disruptive technologies and applications to the table with a growing total accessible market, a technology with a true added value for specific applications, and enough funding and support to sustain fierce competition against an established industry. Faced with both positive and negative market effects, the penetration rate of MEMS technologies keeps increasing, enabling new functionalities, cost efficiency, miniaturization, better performances and lower power consumption.
• Despite stagnation in smartphones, we see growth in smartwatches and TWS earbuds and are still expecting the advent of AR/VR headsets.
• Automotive electrification will reshuffle the cards of the MEMS sensors being used in BEVs vs. ICEs, while ADAS and safety applications will add new demands for MEMS motion sensors.
• Megatrends such as Industry 4.0 will drive growth in motion sensors, microphones, and ultrasonic sensors.
To move up the value chain, a shift is happening from legacy sensors to more ‘sensor-based’ solutions, including controllers, connectivity, and software. The solutions keep getting smarter with more embedded algorithms - the era of intelligent sensing is here!
BIOGRAPHY
Jeff established Yole’s business in North America from 2007 to 2012 and rejoined Yole Group in 2020 as EVP & GM for Yole North America. He has a highly diverse business background across 4 continents and a range of industries including energy and electrification, semiconductor, automotive, and medical. Jeff holds an MBA from INSEAD at Fontainebleau, France, and a BSc in Energy Engineering from the University of Colorado at Boulder.