MEMS gamers’ income grew by 17% YoY, up from $11.5B in 2020 to ~$13.6B in 2021
Bosch continues to be the MEMS chief, with an distinctive enterprise and development adopted by Broadcom, Qorvo and ST.
2021 revenues had been pushed by the continual sensorization of each client and automotive purposes and advances within the medical and industrial finish markets and related purposes.
The ASPs of some MEMS gadgets, similar to inertial and strain MEMS, elevated barely in 2021 because of the chip scarcity and international allocation issues, creating further income development out there.
The highest-10 gamers haven’t modified drastically prior to now couple of years: Bosch, Broadcom, STMicroelectronics, Qorvo, TDK, Goermicro, Texas Devices, HP, Infineon, Knowles, and many others.
However there’s a lengthy tail of different smaller specialised MEMS gamers, additionally poised to get pleasure from development owing to rising MEMS gadgets and purposes: SiTime, USound, xMEMS, OQmented, Sensirion, and many others…
Of the whole income, $570 million in 2020 and $690 million in 2021 had been generated by gamers providing foundry companies to fabless firms and people IDMs that can’t fulfill 100% of sensor manufacturing internally.
Till a few years again, the highest MEMS foundries had little income (sometimes lower than $60 million). Now, as new firms sprout with an urge for food for outsourced MEMS manufacturing, MEMS foundries are reaping the fruits, rising their revenues strongly. Silex, Teledyne MEMS, and TSMC are a part of this phase.
Ensuing the unprecedented demand for MEMS sensors, MEMS gamers are at present investing in new manufacturing fabs: Bosch, SilTerra, Silan Microelectronics (160kwpy), FormFactor.
Growing capability is at present the overall pattern within the semiconductor area following the chip scarcity, and the gear market is totally saturated with excessive gear costs and >15 months’ supply occasions.
Buying MEMS companies from different firms could also be an choice. Yole Intelligence’s analysts recognized a number of vital examples: Silex acquired Elmos’ 200mm wafer line, and Mitsumi acquired Omron’s MEMS enterprise… In parallel, Bosch introduced the development of a 300mm MEMS line that can open in 2026 to consolidate its main place.
However what ought to we anticipate in 2022 and past? Properly, at present, the market is pushed by three forces:
- A powerful demand for MEMS, with some MEMS foundries’ schedules already stuffed to end-2023.
- Reducing margins due to increased working prices because of the present microeconomic and macroeconomic scenario resulting in a rise in ASP throughout some MEMS gadgets.
- And future stock over-stocking by integrators stockpiling chips (amongst them MEMS), doubtlessly resulting in a downturn in MEMS gamers’ actions in 2023 and later.
