Microelectromechanical Systems (MEMS) Market to Grow at a Moderate CAGR of 10.18% Between 2016 and 2022
Microelectromechanical Systems (MEMS) have played key roles in many important areas such as automated manufacturing, health care, transportation, communication, environmental monitoring, defense systems, and a wide range of consumer products. MEMS offering attractive characteristics such as reduced size, weight, and power dissipation and improved speed and precision compared to their macroscopic counterparts. Integrated circuits (IC) fabrication technology has been the primary enabling technology for MEMS besides a few special etching, bonding, and assembly techniques.
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