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Analysis of the Southeast Asian MEMS Sensors Market
Frost & Sullivan, Dec 2008, Pages: 81
This study covers the technology segments: Pressure sensors, Gyroscopes, Accelerometers, RF MEMS, IR sensors, Optical MEMS and Microphones . The geographic regions covered include Singapore, Malaysia, Thailand and Indonesia. The end user segments covered include Automotive, Consumer, Medical, Industrial and Aerospace and Defense segments. Forecasts are done by total market and by end-user. Aspects covered include challenges, drivers and restraints, competitive factors, distribution analysis, technology trends and market analysis.
This Frost & Sullivan research service titled Analysis of the Southeast Asian MEMS Sensors Market provides an in-depth analysis of different types of microelectromechanical systems (MEMS) sensors such as pressure, accelerometers, and gyroscopes. This research service reviews the important industry challenges, market drivers, and market restraints, and explores the future growth of the MEMS sensors market in Southeast Asia (SEA). In this research, Frost & Sullivan’s expert analysts thoroughly examine the following end-user sectors: automotive, aerospace and defense, consumer, industrial automation, and medical.
Microelectromechanical Systems Find Application across Diverse End-user Segments
The field of MEMS has grown exponentially since its origin four decades ago. The MEMS technology has gradually developed with an array of applications across diverse end-user segments to become an inevitable component in the consumer, automotive, and industrial sectors.
Due to the global economic crisis, there is an urgent need for end users to review their investments in sensors. The MEMS technology has evolved to a significant extent where end-user industries such as medical, industrial, and aerospace and defense have started using MEMS sensors due to their small size, low cost, and high reliability. 'Supported by their multiple advantages, MEMS sensors have emerged as strong contenders to traditional sensors,' says the analyst of this research. 'Despite the fall in demand for MEMS sensors in the short-term, the current economic crisis could be a blessing in disguise for the long-term growth of these devices in the SEA region.'
The major challenges for the industry in the SEA region are pricing pressure, packaging, and product differentiation. The market is anticipated to experience a steep fall in demand in 2009, due to the decrease in the demand from major end-user segments. However, Association of Southeast Asian Nations (ASEAN) countries are expected to move up the value chain for the MEMS industry in the future. These countries are now growing in terms of skilled manpower, boosting the MEMS industry. This implies lower cost investments for companies in terms of labor outlays as against the North American or European region. 'Universities and research institutions are raising the quality of education and infrastructure for research facilities,' concludes the analyst.
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