Nanoelectromechanical Systems Market is expected to Grow exponentially Over 2027

Pune, India, June 2019, MRFR Press Release/- Market Research Future has Published a Half-Cooked Research Report on the Global Nanoelectromechanical Systems Market.

Market Overview

According to Market Research Future, the market for NEMS has been segmented on the basis of product type, material type, application, and region.

Nanoelectromechanical systems (NEMS) can be described as those the critical structural elements at nano scale. NEMS have a higher surface to volume ratio as compared to MEMS and it is useful for high-frequency resonators and ultrasensitive sensors. NEMS combines electronic and mechanical properties to perform complex operations. In February 2019, KLA-Tencor, a leading semiconductor equipment and services supplier acquired Nanomechanics Inc. to enhance its reach and product portfolio in nanoelectronics technology market.

On the basis product type, the market has been segregated into nano-accelerometers, nano-tweezers, nano-switches, nano-fluidic modules, and nano-cantilevers. Nanotweezers are made up of noble metals which is used for manipulation of nanostructures under optical illumination.

On the basis material type, the market has been segmented into graphene, carbon nanotubes, SiC, SiO2, and others. Carbon nanotubes are large molecules of pure carbon that are thin and long and shaped like tubes about 1 to 3 nanometers in size. Graphene is a new type of two dimensional (2D) crystal material and its single atomic layer structure is used in various NEMS applications such as NEMS sensors, NEMS devices, NEMS devices, energy storage, and biomedical fields.

On the basis application, the market has been segmented into sensing & control applications, solid state electronics, and tools & equipment application. Sensing & control applications segment has been further segmented into automotive medical and industrial process control. Solid state electronics segment has been sub-segmented into random access memory application and wireless communication application. Tools & equipment application segment has been further segmented into nano nozzles, scanning tunneling microscope (STM), mass spectrometry, and atomic force microscope (AFM).

Key Players

The prominent players in the NEMS market is Agilent Technologies Inc. (US), Nanocyl SA. (Belgium), Bruker Corporation, Applied Nanotools Inc. (Canada), Inframat Advanced MaterialsTM LLC (US), Showa Denko K.K. (Japan), Analog Devices, Inc. (US), Broadcom Corporation (US), Asylum Research Corporation (US), and Inframat Corporation (US) among others.

The other players in the NEMS market are Cnano Technology Ltd (US), Sun Innovations, Inc. (US), and Nanoshell Llc (US) among others.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Nanoelectromechanical Systems Market Research Report

The global NEMS market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

Asia-Pacific is expected to grow at the highest CAGR during the forecast period due to the high presence of semiconductor industries, telecom industries, and smartphone manufacturers. The rapid industrialization in India and China is expected to drive the NEMS market in Asia-Pacific during the forecast period. The major countries identified to witness high growth in Asia-Pacific are China, Japan, India, and South Korea.

However, North America is expected to dominate the NEMS market during the forecast period due to the early adoption of emerging technologies such as IoT, deep learning, and machine learning.  

Europe is expected to grow at a stable rate during the forecast period due to changing government rules and regulations related to smart city initiatives.