New Analysis Estimates MEMS Market to Reach $120.2M in 2014

(March 27, 2008) PALO ALTO, CA — If the micro-electromechanical systems (MEMS) test equipment market is to match the pace of the overall MEMS market, it has to develop cost-effective, standardized solutions. This is especially pertinent in a market where expensive customized products vastly outnumber off-the-shelf products. New analysis from Frost & Sullivan “World MEMS Test Equipment Markets,” finds that the market earned revenues of $56.5 million in 2007 and estimates this to reach $120.2 million in 2014.

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