With both companies just short of the $800 million mark, Bosch and STMicroelectronics each had MEMS revenue of approximately $793 million in 2012. The two companies do not use the same exchange rates every quarter when converting their revenue from euros to the U.S. dollar, and as a difference of less than 1% separates the revenue levels of both, IHS found it was not possible this time to declare a clear winner as to who was No. 1 for 2012.
“With billions of dollars up for grabs, competition in the MEMS market is intense,” said Jérémie Bouchaud, director and senior principal analyst for MEMS & sensors at IHS. “Nowhere is the rivalry more furious than the battle for the market’s top spot. In fact, the content for number one is so closely contested that Bosch and STMicroelectronics battled each other to a draw in 2012.”
Overall, the top 20 MEMS manufacturers last year accounted for 77% of the industry total of some $8.3 billion, as shown in the table. The figure excludes foundry revenue in order to avoid double-counting of fabless and foundry takings within the same ranking. Excluded, for instance, is MEMS foundry revenue from STMicroelectronics for its fabrication of Hewlett-Packard inkjet print heads, or similar foundry revenue from Texas Instruments for Lexmark inkjet print heads.
Bosch, the No. 3 entity in 2011, enjoyed a MEMS revenue boost of 8% last year including a nearly 5% increase in its primary automotive MEMS business, which accounted for 82% of overall Bosch MEMS takings. Bosch is unchallenged as the top automotive MEMS supplier with 27% share of the market. The company also has a growing consumer and mobile MEMS trade—up 17% for the year—thanks to the soaring sales of pressure sensors in handsets, compensating for slightly lower revenues in accelerometers and microphones.
STMicroelectronics, the No. 4 player in 2011, counted on a robust consumer and mobile business as its main source