Nanoelectromechanical Systems Market Regional Outlook Opportunity Assessment, forecast till 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.

The Global Nanoelectromechanical Systems Market 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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On the basis product type, the Nanoelectromechanical Systems Market Size 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.

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.

By application, the market has been segmented into sensing & control applications, tools & equipment application, and solid state electronics. 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, atomic force microscope (AFM), scanning tunneling microscope (STM), and mass spectrometry.

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.

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