Global Nanoelectromechanical Systems (NEMS) Market is estimated to reach $126.9 Million by 2024; growing at a CAGR of 27.7% from 2016 to 2024. Integrating electrical and mechanical functionalities on the nanoscopic scale comprises an advanced class of device known as Nanoelectromechanical Systems (NEMS). These devices are expected to replace microelectromechanical Systems (MEMS) though in the infancy stage at present. The tremendous growth of the NEMS market is primarily due to the increasing demand for precision microscopes and electronics which offers higher functionality, as well as the rapidly transforming communication industry and a surging demand for BioNEMS. Some of the other factors influencing the swift growth of the market include an emphasis on miniaturization of devices to serve multiple purposes, rising demand for monitoring and detection techniques, and reviving the automotive industry with changing standardizations.
Global Nanoelectromechanical Systems Market Size and Forecast, 2015 – 2024 (US$ Million)
Higher functionality for electronic devices and rising demand for precision microscopes are some of the major driving factors of the market. For example, a key application of NEMS is atomic force microscope (AFM) tips. NEMS is expected to find its major applications across semiconductor industry. One of the major restraints of the market is its mass production as the methods available for mass production is costly at present. However, NEMS is expected to play a vital role in the communication technology in the coming years.
The scope of the market covers segments namely by product type, material, application, and geography. By product type, the report covers nano relay and switches, BioNEMS, nano tweezers, nanoactuators, nano sensors, nanoresonators, gyroscopes, nanoaccelerometers, nanorobots, and other product types. Wherein by material, the report covers graphene based NEMS, silicon based NEMS, silicon carbide based NEMS, indium arsenide based NEMS, gold and platinum based NEMS, gallium arsenide based NEMS and other materials. By application the segments covered in the report are semiconductor industry, automotive, monitoring and detection, industrial process and control, communication, medical sector, military and defense, and other applications.
Global Nanoelectromechanical Systems Market, by Product Type
North America, Europe, Asia-Pacific and Rest of the World (RoW) are the major geographical segments of global NEMS market. The U.S., Canada, and Mexico are covered under North America, wherein Europe covers U.K, Germany, France, Russia, Spain, Italy, and Rest of Europe. Asia-Pacific covers China, India, Japan, South Korea, Australia, Singapore, and Rest of Asia-Pacific. Rest of the World (RoW) covers South America, Middle East and Africa.
Global Nanoelectromechanical systems market Regional Revenue % (2016 Vs 2024)
The key players in the market include Agilent Technologies, Bruker Corporation, Showa Denko K.K., Analog Devices, Inc., Materials And Electrochemical Research Corporation, Vistec Electron Beam GmbH, Graphene Frontiers, Amprius, Inc., Broadcom Corporation, and Inframat Corporation among others.
The key takeaways from the report
- The report will provide detailed analysis of Nanoelectromechanical Systems (NEMS) Market with respect to major segments such as product type, material, and application
- The report will include the qualitative and quantitative analysis with market estimation overand compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Nanoelectromechanical Systems (NEMS) Market has been included in the report
- Profile of the key players in the Nanoelectromechanical Systems (NEMS) Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Nanoelectromechanical Systems (NEMS) Market
Product Type Segments
- Nano Relay and Switches
- Nano Tweezers
- Nano Sensors
- Other Product Types
- Silicon Carbide Based NEMS
- Indium Arsenide Based NEMS
- Graphene Based NEMS
- Gold and Platinum Based NEMS
- Silicon Based NEMS
- Gallium Arsenide Based NEMS
- Other Materials
- Semiconductor Industry
- Monitoring and Detection
- Industrial Process and Control
- Medical Sector
- Military and Defence
- Other Applications
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Middle East
Global NEMS Market Primary Interviews by Geography