Nanoelectromechanical System Market Analysis, Regional Outlook, Business Landscape 2027

 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.

The Global Nanoelectromechanical Systems Market Share is expected to grow from USD 32.14 million in 2018 to USD 141.51 Million by 2024, at a CAGR of 28.1%, during the forecast period.

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Competitive Outlook

Agilent Technologies Inc., Showa Denko K.K., Broadcom Corporation, Bruker Corporation, Applied Nanotools Inc., Inframat Advanced Materials LLC, Analog Devices, Inc., Nanocyl SA, and Asylum Research Corporation are key players of the global NEMS market.

Regional Analysis

North America is expected to dominate the NEMS market Size during the forecast period due to the presence of global players in the region. Increasing adoption of latest technologies such as deep learning, artificial intelligence, machine learning, and IoT, and developments in nanotechnology is expected to drive the NEMS market in North America. 

Asia Pacific is expected to showcase the highest CAGR during the forecast period due to the presence of automotive and electronic manufacturers. Smart city initiatives proposed by governments and modernization efforts can also drive the NEMS market in the region. Deployment of advanced technologies in Japan, India, and China and the region being a hub of consumer electronics manufacturers can elevate the market to new heights.

Segmentation

By product type, the market has been segmented into nano-cantilevers, nano-accelerometers, nano-switches, nano-fluidic modules, and nano-tweezers. Nano-tweezers are expected to gain the maximum share of the market owing to the product derived from noble elements.

By material type, the market has been segmented into SiC, SiO2, graphene, carbon nanotubes, and others. Carbon nanotubes are expected to gain the lead in the global nanoelectromechanical systems owing to earning the distinction of being the smallest NEMS. 

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Nanoelectromechanical Systems (NEMS) Market Research Report: by Product Type (Nano-Accelerometers, Nano-Tweezers, Nano-Switches, Nano-Fluidic Modules, Nano-Cantilevers), by Material Type (Graphene, Carbon Nanotubes, SiC, SiO2, Others), by Application (Sensing & Control Applications, Solid State Electronics, Tools & Equipment Application), by Region (North America, Europe, Asia-Pacific, Middle Est & Africa, Central & South America) - Forecast till 2027

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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