Global Micro-Electro Mechanical Systems (MEMS) Market Analysis and Forecast (2013 – 2018) 03/03/2013 | Page 13

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.  Smartphone’s, 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. IndustryARC | 13