MEMS Market to Blossom
-- Semiconductor International, 7/1/2001
Expected to become a $12B industry by 2005, the market for microelectromechanical systems (MEMS) will increase by an average annual growth rate of 22.5%, according to Business Communications Co. Inc. (Norwalk, Conn.). The company expects to see the greatest growth in medical, telecommunications and automotive applications.The RDM Microtechnology Industry Review identifies companies, universities, government labs and international entities actively engaged in the development and manufacture of MEMS technology. It also identifies technical and business issues that could impact MEMS growth and commercialization. The report is available for $1750 (see www.bccresearch.com).