Addressable Market

It is expected that the aeronautics, defense and space applications will use MNT-based harsh environment sensors and actuators to an increasing extent. For instance, in the case of aircraft platforms, areas of application include engine control, acceleration and pressure sensing, tire pressure measurement, and magnetic field measurement. Full Authority Digital Electronic Control (FADEC) systems are used for a majority of aircraft engines and gas turbines and require temperature and pressure sensors operating in a high temperature environment.
Predictions for the market for high-temperature electronics (HTE) components by the HITEN organization range between USD 400 - 900 million for the period 2007 – 2012. SOI technology is expected to capture between 80 to 90% of this market. The sensor market is not easily predictable since the sensors industry is rather large, intensely competitive and fragmented. The World Research source forecasts the market for monitoring and control devices to grow to USD 23 million by 2007.