Global Nano Electromechanical Systems (NEMS) Market Is Expected To Grow $55.4 Million By 2021

Posted on 2017-12-05 by Mark Hub in Technology // 0 Comments

Albany, US, 2017-Dec-05 — /EPR Network/ — Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Applications and Global Markets for Nanoelectromechanical Systems”, report studies the global NEMS market is segmented into nanorelays and switches, nanotweezers, nanoactuators, nanosensors, nanoresonators, gyroscopes, nano accelerometers, nanorobots and others. The market can then be further categorized based on fabrication technology into top-down approach and bottom-up approaches.

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Report Highlights

The global Nanoelectromechanical systems (NEMS) market was valued at $9.7 million in 2015. This market is expected to grow from $11.3 million in 2016 to $55.4 million by 2021, with a compound annual growth rate (CAGR) of 37.4% for the period of 2016-2021.
Nano accelerometers, the leading segment of this market, will grow from $3.0 million in 2016 to $13.8 million by 2021 with a CAGR of 35.7%.
The market for BioNEMS will grow from $2.1 million in 2016 to $11.0 million by 2021 with a CAGR of 39.3%.

Report Includes

An overview of the global nanoelectromechanical systems (NEMS) market
Analyses of global market trends, with data from 2015 and 2016, and projections of compound annual growth rates (CAGRs) through 2021
Information on major applications for NEMS, including the semiconductor industry, automotives, industrial processes and controls, the medical sector, and communications
In-depth market analysis, specifically growth drivers, restraints, and opportunities
A breakdown of the NEMS market by product type, technology, application, material, components, and region
A look at government regulations and the industry structure
Patent analysis
Profiles of major players in the industry

Report Scope

Nanoelectromechanical systems (NEMS) comprise an advanced class of devices that integrates electrical and mechanical functionalities on the nanoscopic scale. NEMS are considered as a disruptive technological advancement that extends miniaturization of devices to the next level, beyond microelectromechanical systems (MEMS). The current market for NEMS devices is in its infancy, and thus extensive research and development (R&D) in the field of nanotechnology and nanomaterials are still in progress. This market, however, is expected to see robust growth during the forecast period, which is attributed to its advantages, including high resonating frequency, low energy consumption, size reduction, multiple frequencies on a single chip and cost reduction by integrated circuit (IC) integration offered by NEMS devices. NEMS is expected to emerge as an enabling technology that merges life sciences with engineering, which is further expected to open up new opportunities in the coming years.

The NEMS market is expected to experience double-digit growth rate during the forecast period from 2016 to 2021.

The major factor driving the growth of the NEMS market is increasing demand for miniaturization of electronic components from end-user industries, such as medical and consumer electronics. Increasing investment by government bodies and private organizations for research and development in the field of nanotechnology is also boosting market growth. The NEMS market is expected to see significant growth due to the technological advancements of nanocomponents and nanomaterials during the forecast period. The rising demand for high-precision microscopes is accelerating the overall NEMS market.

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A lack of standardized process and mass manufacturing techniques is leading to difficulties in manufacturing NEMS, which poses as a major restraint in the growth of the global NEMS market. Substantially high prices of nanoscale components used for manufacturing NEMS will also hinder market growth during the forecast period. Nevertheless, surges in NEMS applications in end-user industries such as consumer electronics and medical are expected to create new opportunities in the global NEMS market.

Major NEMS applications can be found in the semiconductor, automotive, monitoring and detection, industrial process and control, communication, medical, and military and defense industries. In terms of materials, the NEMS market is segmented into graphene-based NEMS, silicon-based NEMS, silicon carbide-based NEMS, indium arsenide-based NEMS, gold- and platinum-based NEMS and gallium arsenide-based NEMS.

Table of Content:

Chapter 1: Introduction – 2
Study Goals and Objectives- 2
Reasons for Doing This Study – 2
Intended Audience – 3
Scope of Report – 3
Information Sources – 4
Methodology – 5
Regional Breakdown – 5
Analysts Credentials – 9
Related BCC Research Reports- 9
Chapter 2: Summary and Highlights – 11
Chapter 3: History and Current State of the Nanoelectromechanical Systems Market – 15
Introduction – 15
History and Evolution of NEMS – 16
MEMS and NEMS – 17
Value Chain Analysis – 18
Porters Five Forces Analysis – 19
Bargaining Power of Suppliers – 20
Bargaining Power of Buyers – 20
Threat of New Entrants – 20
Threat of Substitutes – 21
Competitive Rivalry – 21
Technological Overview – 21
Technology Development – 21
Ongoing Technology – 22
Current Market Trend and Outlook – 22
Chapter 4: Global Nanoelectromechanical Systems Market by Product Type ….. 24
Overview – 24
Market Dynamics – 25
Primary Market Drivers – 25
Primary Market Restraints – 25
Opportunities – 25

Continue….

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