The ultrasound modules market had sales of $2.1 billion in 2017, and expects a CAGR of 18% between 2017 and 2023. The market in 2023 should reach $5.7 billion, says Yole Developpement.
A Yole report: Ultrasound Sensing Technologies for Medical, Industrial & Consumer Applications looks at the ecosystem and its players.
It points out the key technical insights and technology trends and related challenges. This report also details the forecast metrics of the ultrasound transducers.
For decades, micro-machined ultrasonic transducers, either in the form of PMUT or CMUT, have been knocking at the door of mass-markets. What’s changed?.
First, applications are pushing for these technologies. Medical ultrasonic imaging will democratize into general practitioners and even homes, thanks to cheaper and smaller probes. In parallel, in consumer applications, ultrasonic fingerprint sensing allows for under-the-display operation, resulting in all-screen smartphones just 10 years after the iPhone removed the keyboard.
Secondly, the technology is ready.
Thirdly, several industry players have consistently invested in these technologies, thus readying the supply chain: Hitachi and Philips for CMUT, Dimatix and STMicroelectronics for PMUT, and GlobalFoundries and Silex for both.
Last,y, assembly is an important part of manufacturing, especially if mass-market is targeted. Companies like Tong Hsing Electronic, Philips, and SilTerra have readied the supply chain.
This alignment of favorable factors has set the stage for MUT’s arrival in several applications and markets.