Global nanoelectromechanical systems market is expected reach USD 102.03 million by 2022, growing at a CAGR of 28.05% between 2017 and 2022.
The global nanoelectromechanical systems market report includes comprehensive and profound analysis on the global and regional level. The study gives historic data of the year 2016 and forecast for 2017-2022 on the basis of revenue (USD Million). Assessment of market dynamics gives the drivers, restraints, and opportunities of global nanoelectromechanical systems market. The report provides an extensive competitive analysis of key vendors in the market.
In order to give a comprehensive view on the nanoelectromechanical systems market, we have incorporated competitive landscape and analysis of Porter’s Five Forces model for this market. The study includes a market attractiveness analysis, in which product segments and application segments are assessed on the basis of their market size, general attractiveness, and growth rate. The report provides company market share analysis in order to give a broader overview of the key players in the market. Additionally, the report also covers strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, and collaborations & joint ventures.
The study provides a decisive view on the nanoelectromechanical systems market by segmenting the market based on product type, applications, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2022.
Based on product type the market is segmented into Milling machines, Grinding Units, Welding and Winding machines, and others. Key application market covered under this study includes automotive, consumer electronics, industrial, healthcare and other. The regional segmentation includes the current and forecast demand for Asia-Pacific, Europe, North America, Latin America and the Middle East & Africa. This segmentation includes demand for nanoelectromechanical systems based on individual applications in all the regions and countries.
Some of the key players in nanoelectromechanical systems market include Robert Bosch, STMicroelectronics, California Institute of Technology, Sun Innovation Inc, Agilent Technologies Inc., Bruker Corporation, Asylum Research Corporation, San Diego State University, and Texas Instruments.
This report segments global nanoelectromechanical systems market as follows:
Nanoelectromechanical Systems Market: Product Type Segment Analysis
Nanoelectromechanical Systems Market: Application Segment Analysis
Nanoelectromechanical Systems Market: Regional Segment Analysis
This report is based on in-depth qualitative and quantitative analyses of the global Nanoelectromechanical Systems market. Zion Research has collected and analyzed key data belong to the global Nanoelectromechanical Systems market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Nanoelectromechanical Systems across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Nanoelectromechanical Systems industry. Primary research makes up the major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Nanoelectromechanical Systems market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
Nanoelectromechanical systems generally referred asNEMS are systems which impart electrical and mechanical functionality on a nano scale. NEMS is an advanced and miniature form of microelectromechanical systems or MEMS devices. Microelectromechanical systems (MEMS) are miniaturized sensors, actuators, devices and systems with a critical dimension of the order of micrometers.NEMS includes a variety of devices like accelerometers, cantilevers, sensors, gears, prices of actuators, tweezers, and many other nanodevices.
MEMS-based systems can be used for personal monitoring and dosing, as lightweight vehicle sensors for manufacturing process control and for just-in-time chemical synthesis requiring small quantities of hazardous substances. MEMS technology has already impacted defense, medical, aerospace, mechanical, chemical and computer areas.
Increasing adoption of this technology in consumer electronic devices such as wearable devices, tablets, and smartphones are expected to be the major drivers for the global nanoelectromechanical systems market. Increasing demand of the miniature electronic components due to various advantages and technology advancements in nano-components and nanomaterials is expected to support the nanoelectromechanical systems market growth in the near future. However prices of nano-materials and nano-components may curb the demand for NEMS within the forecast period.Nonetheless, developing new applications areas for NEMS in consumer goods and the medical, surgical or nano surgical sectoris expected open new avenues for the market growth over the next few years.
Nanotubes, nanowires, nanofilms and nanobeltsthese are the main types of NEMS systems. A nanotube is a nanometer-scale tube-like structure. Nanotubes, which are sometimes called buckytubesare developed from the Fullerene, a structure that is similar to the geodesic domes. Nanofilms can be used to make objects anti-reflective, water repellent, self-cleaning, anti microbial, scratch resistant, infrared-resistant, and electrically conductive. Based on material type segments, nanoelectromechanical systems market has been segmented into graphene, carbon nanotubes and others. Carbon nanotubes are made from carbon, similar to graphite found in pencils. They are also good conductors of electricity and heat, and have a very large surface area.
Different application segments of the nanoelectromechanical systems market includeautomotive, consumer electronics, industrial, healthcare and others. Consumer electronicsdominated theNEMSmarket in 2016, which accounted for around 40.5% market share of total market. It is expected to grow at a significant rate during the forecast period. In 2016, the automotiveemerged as second largest segment of NEMS. Industrial and healthcaresectors arealso expected to grow at a considerable rate in the years to come.
Demand for nanoelectromechanical systems was the highest in Asia Pacific due to the vast researchand development infrastructure growth in countries including Japan, Brazil, China and India. Also, Asia Pacific was predicted to be the fastest growing region due to the advancements in technology. Europe and North America are expected to show strong growth in automotive sector due to advanced technology.North America acquired the majority of share nanoelectromechanical systems market in 2016.
Some of the key players in nanoelectromechanical systems market include Robert Bosch, STMicroelectronics, California Institute of Technology, Sun Innovation Inc, Agilent Technologies Inc., Bruker Corporation, Asylum Research Corporation, anaDiego State University, and Texas Instruments.