Report Highlights
The global microsensor market was valued at $8.5 billion in 2012. The market is expected to grow to $9.5 billion in 2013 and $15.8 billion in 2018 for a compound annual growth rate (CAGR) of 10.7%.
Report Includes
- An overview of the global market for microelectromechanical systems (MEMS), which consist of sensing devices that integrate mechanical elements, sensors, actuators, and electronics on a common silicon substrate, and typically have dimensions in the 1-micron to 100-micron range; as well as biosensors and nanosensors
- Analyses of global market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018
- Discussion of how microsensors have proven to be a key enabling technology of developments in sectors such as transportation, telecommunications, and healthcare, but the range of microsensors applications covers nearly every sector
- Identification of technologies that are still at the discovery and developmental stages, with an explanation as to why their eventual commercialization will require the commitment of substantial resources, with long payback periods and substantial financial risk
- Examination of industry structure, market dynamics, and market shares
- Comprehensive company profiles of major players.
Report Scope
The report addresses the global market for microsensors, including the following:
- MEMS: Sensing devices that integrate mechanical elements, sensors, actuators, and electronics on a common silicon substrate, and typically have dimensions in the 1-micron to 100-micron range (1 micron = 1 millionth of a meter).
- Biochips: Silicon chip–based detection devices that integrate a living organism or product derived from living systems (e.g., an enzyme or an antibody) and a transducer to provide an indication, signal, or other form of recognition of the presence of a specific substance in the environment (Biological detection devices that do not generate an analytical signal, such as pregnancy tests or conventional glucose test strips, do not meet this report’s definition of sensors.).
- Nanosensors: Sensors that are nanoscale or incorporate nanoengineered structures such as nanotubes.
The study format includes the following major elements:
- Executive summary.
- Definitions.
- Milestones in the development of microsensors.
- Current and developmental microsensor technologies and applications.
- Microsensor technologies and applications with the greatest commercial potential through 2018.
- Global microsensor market trends, 2012–2018.
- Microsensor market shares and industry structure.
Analyst Credentials
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
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Report Highlights
BCC estimates the global market for microsensors at nearly $5.2 billion in 2010, increasing to nearly $5.9 billion in 2011 and $12 billion in 2016, a compound annual growth rate (CAGR) of 15.3% between 2011 and 2016.
Report Highlights
- The global market for microsensors will increase from $2.7 billion in 2007 to an estimated $3.2 billion by the end of 2008. It should reach $8.4 billion by 2013, a compound annual growth rate (CAGR) of 21.3%.
- Microelectromechanical systems accounted for the bulk (82.8%) of the microsensor market in 2007; this is expected to decline to 76.5% in 2013.
- Biochips’ market share is expected to increase from 17.2% in 2007 to 21.6% in 2013.
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