Nanoelectromechanical Systems Market Size, Share & Trends Report

Nanoelectromechanical Systems Market Size, Share & Trends Analysis Report By Product, By Production Technology, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025

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The global nanoelectromechanical systems market is anticipated to grow significantly over the forecast period. Nanoelectromechanical systems (NEMS) can be described as those with critical structural elements at the nanoscale, i.e., at or below 100 nm. In comparison, microelectromechanical systems (MEMS) have critical structural elements at the micrometer length scale. NEMS also have a higher surface to volume ratio as compared to MEMS and are useful for applications regarding ultrasensitive sensors and high-frequency resonators. NEMS examples include nanoaccelerometers, nanoresonators, piezoresistive devices, etc. 

NEMS production can be achieved using techniques such as top-down, bottom-up, and integrated approach. Examples of the bottom-up approach include hot plate technique and chemical self-assembly among others, while the top-down approach comprises nano-manipulation and electron beam lithography. NEMS devices offer numerous advantages, which are expected to drive the market in the coming years. Benefits include miniaturization, reduced energy consumption, cost reduction, as well as suitability for high-frequency applications. 

Since NEMS integrates electrical and mechanical functionalities, it helps perform difficult tasks that would not have been possible using conventional approaches. Many applications that are research prototypes or already available in the market include NEMS based scanning electron microscopes, NEMS sensors, nanoelectrometers, pH sensors, relays, and switches with nanotubes, nonvolatile NEMS memory, etc. Presently, carbon in the form of carbon nanotubes or graphene sheets is a major material employed in NEMS. Growing demand for miniaturized electronic components as well as for high precision microscopes is expected to favorably impact the market on a global level. Technological advancements and increased funding in the field of nanotechnology are also expected to fuel market growth over the forecast period. However, the dearth of mass manufacturing techniques for NEMS based devices and the high price of nanoscale components are expected to restrain the industry from reaching its full potential. 

Components used for manufacturing include nanotubes, nanobelts, nanofilms, nanowires, etc. The ecosystem comprises suppliers of materials and components, as well as original equipment manufacturers (OEMs) and research institutes. Key NEMS market participants include Agilent Technologies, Sun Innovations, Inc., Nanoshell LLC, Nanocyl, California Institute of Technology (Caltech), Defense Advanced Research Projects Agency (DARPA), Korea Institute of Science and Technology, and Materials and Electrochemical Research Corporation among others. 

This report, by Grand View Research, takes a closer look at the NEMS industry, providing a holistic perspective on market dynamics, trends, supply, and demand. The report deep-dives into the market and segments it on multiple levels and providing key insights on a macro as well as micro-level. The study aims at providing granular information, regarding estimates and forecasts for key production technologies including top-down, bottom-up and integrated, as well as applications including tools and equipment, sensing and controls, and solid-state electronics. NEMS components analyzed include nanotubes, nanowires, nanofilms, and nanobelts. The report also provides the same level of information for key regional markets. 

This research report analyzes various factors which have been driving and inhibiting the global NEMS market in the past. In addition, the report analyzes the impact of each driver and restraint on the market growth, which forms the base for the market forecast. The report also showcases the opportunities available in the market which may act as future drivers for the NEMS market.

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