Portland, OR -- (SBWIRE) -- 06/30/2017 -- Nanoelectromechanical systems (NEMS) involves integration of mechanical elements, sensors, actuators, and electronics over a common silicon substrate on a nanoscale. It is an advanced miniaturized form of microelectromechanical systems (MEMS). NEMS is preferred over MEMS technology due to its advantages such as low power consumption, considerably smaller size, low cost owing to IC integration, and high-frequency resonance. Growth in incipient global NEMS market is expected to escalate rapidly owing to the rigorous R&D activities taking place in this sector. This nascent technology is applied in accelerometer in air bags, nano nozzles in printers, and inside cellphones for CDMA and GSM technologies.

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Currently, this market is in its nascent phase, and the key players are investing heavily on R&D facilities. The market growth is primarily driven by its high-frequency resonance, impending need of device miniaturization, integration of sensors in devices used daily such as mobiles, and growth in the automobile & chemical industry. However, high prices of nano-materials and nano-components pose major threats to its growth. Although, the effect of this restraining factor will be abated in future by the constant technological developments and mass production. Novel developments in automobile & chemical industry have opened new opportunities for growth of the NEMS market.

The world NEMS market is segmented on the basis of type of fabrication technology, product type, material, application, and geography. The fabrication technologies comprise surface micromachining, silicon on insulator technology (SOI), and lithography electroplating and molding (LIGA). Based on the product type, the market is divided into nano-tweezers, nano-cantilevers, nano-switches, nano-accelerometers, and nano-fluidic modules. The material segment includes graphene, carbon nanotubes, SiC, SiO2, and others. The application segment is categorized into tools & equipment application, sensing & control applications, and solid state electronics. The market is further segmented geographically across North America, Europe, Asia-Pacific, and LAMEA.

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NANOELECTROMECHANICAL SYSTEMS (NEMS) MARKET SEGMENTATION:

By FABRICATION TECHNOLOGY

- Micromachining
- Silicon on Insulator Technology (SOI)
- LIGA (Lithography Electroplating and Molding)

By PRODUCT TYPE

- Nano-Tweezers
- Nano-Cantilevers
- Nano-Switches
- Nano-Accelerometers
- Nano-Fluidic Modules

BY MATERIAL TYPE

- Graphene
- Carbon Nanotubes
- SiC
- SiO2
- Others (ZnO, GaN)

KEY PAYERS

- Nanocyl SA.
- Asylum Research Corporation
- Cnano Technology Limited
- Nanoshell Company, LLC
- Inframat Advanced MaterialsTM LLC
- Sun Innovations, Inc.
- Showa Denko K.K.
- Agilent Technologies Inc.
- Applied Nanotools Inc.
- Bruker Corporation