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The compound rate of sensor annual growth in the next five years will reach 7.5%

(Summary description)Recently, IC Insights said that by 2017, sales of acceleration and yaw rate sensors will increase by 9%, and sales will reach 3 billion U.S. dollars; sales of magnetic field sensors and electronic compass chips will increase by 8%, and sales will reach 2 billion U.S. dollars; pressure Sensor sales increased by 8%, with sales reaching 2.7 billion US dollars; transmission sales will also increase by 8%, with sales reaching 4.9 billion US dollars.     In 2016, 82% of the revenue of sensors and actuators came from MEMS semiconductors-that is, a series of microelectromechanical devices including inkjet printer nozzles, microfluidic chips, micromirrors, and RF signal surface wave filters. These devices can perform a series of physical operations in the device through the micro-electromechanical system. In 2016, the shipment of micro-electromechanical products reached 98 trillion pieces, accounting for 48% of the total shipments of sensors and actuators.   2016 sales of MEMS products reached US$9.7 billion, an increase of 15.4% over the previous year and a record high. The increases in 2015 and 2014 were 5.1% and 5.8%, respectively. In recent years, inventory corrections and severe average selling price erosion of MEMS equipment have inhibited revenue growth. But this batch of micro-electromechanical products, sensors and actuator markets have benefited from the increase in demand for wearable equipment systems and the Internet of Things, and the widespread dissemination of intelligent embedded control technology.   ICInsights said that the sales of sensors and actuators in 2017 will increase to 10.5 billion U.S. dollars, an increase of 7.9%. During the five years from 2016 to 2021, the compound annual growth rate will reach 8.0%, and sales will increase to 14.3 billion U.S. dollars.   ICInsights predicts that the annual compound rate of sensor growth will reach 7.5% in the next five years, and sales will reach 10.1 billion U.S. dollars by 2021. In the same time, the annual growth compound rate of the transmission will reach 8.4%, and the sales will be close to 6.8 billion U.S. dollars. The ICInsights report also predicts the market size and growth rate of five related products in the sensor and actuator industry in the next five years.

The compound rate of sensor annual growth in the next five years will reach 7.5%

(Summary description)Recently, IC Insights said that by 2017, sales of acceleration and yaw rate sensors will increase by 9%, and sales will reach 3 billion U.S. dollars; sales of magnetic field sensors and electronic compass chips will increase by 8%, and sales will reach 2 billion U.S. dollars; pressure Sensor sales increased by 8%, with sales reaching 2.7 billion US dollars; transmission sales will also increase by 8%, with sales reaching 4.9 billion US dollars.

 



 

In 2016, 82% of the revenue of sensors and actuators came from MEMS semiconductors-that is, a series of microelectromechanical devices including inkjet printer nozzles, microfluidic chips, micromirrors, and RF signal surface wave filters. These devices can perform a series of physical operations in the device through the micro-electromechanical system. In 2016, the shipment of micro-electromechanical products reached 98 trillion pieces, accounting for 48% of the total shipments of sensors and actuators.

 

2016 sales of MEMS products reached US$9.7 billion, an increase of 15.4% over the previous year and a record high. The increases in 2015 and 2014 were 5.1% and 5.8%, respectively. In recent years, inventory corrections and severe average selling price erosion of MEMS equipment have inhibited revenue growth. But this batch of micro-electromechanical products, sensors and actuator markets have benefited from the increase in demand for wearable equipment systems and the Internet of Things, and the widespread dissemination of intelligent embedded control technology.

 

ICInsights said that the sales of sensors and actuators in 2017 will increase to 10.5 billion U.S. dollars, an increase of 7.9%. During the five years from 2016 to 2021, the compound annual growth rate will reach 8.0%, and sales will increase to 14.3 billion U.S. dollars.

 

ICInsights predicts that the annual compound rate of sensor growth will reach 7.5% in the next five years, and sales will reach 10.1 billion U.S. dollars by 2021. In the same time, the annual growth compound rate of the transmission will reach 8.4%, and the sales will be close to 6.8 billion U.S. dollars. The ICInsights report also predicts the market size and growth rate of five related products in the sensor and actuator industry in the next five years.

Information
Recently, IC Insights said that by 2017, sales of acceleration and yaw rate sensors will increase by 9%, and sales will reach 3 billion U.S. dollars; sales of magnetic field sensors and electronic compass chips will increase by 8%, and sales will reach 2 billion U.S. dollars; pressure Sensor sales increased by 8%, with sales reaching 2.7 billion US dollars; transmission sales will also increase by 8%, with sales reaching 4.9 billion US dollars.
 
 
In 2016, 82% of the revenue of sensors and actuators came from MEMS semiconductors-that is, a series of microelectromechanical devices including inkjet printer nozzles, microfluidic chips, micromirrors, and RF signal surface wave filters. These devices can perform a series of physical operations in the device through the micro-electromechanical system. In 2016, the shipment of micro-electromechanical products reached 98 trillion pieces, accounting for 48% of the total shipments of sensors and actuators.
 
2016 sales of MEMS products reached US$9.7 billion, an increase of 15.4% over the previous year and a record high. The increases in 2015 and 2014 were 5.1% and 5.8%, respectively. In recent years, inventory corrections and severe average selling price erosion of MEMS equipment have inhibited revenue growth. But this batch of micro-electromechanical products, sensors and actuator markets have benefited from the increase in demand for wearable equipment systems and the Internet of Things, and the widespread dissemination of intelligent embedded control technology.
 
ICInsights said that the sales of sensors and actuators in 2017 will increase to 10.5 billion U.S. dollars, an increase of 7.9%. During the five years from 2016 to 2021, the compound annual growth rate will reach 8.0%, and sales will increase to 14.3 billion U.S. dollars.
 
ICInsights predicts that the annual compound rate of sensor growth will reach 7.5% in the next five years, and sales will reach 10.1 billion U.S. dollars by 2021. In the same time, the annual growth compound rate of the transmission will reach 8.4%, and the sales will be close to 6.8 billion U.S. dollars. The ICInsights report also predicts the market size and growth rate of five related products in the sensor and actuator industry in the next five years.

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