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Market Report on Nanoelectromechanical Systems (NEMS) Market Worth $108.88 Million by 2022

[291 Pages Report] Nanoelectromechanical Systems (NEMS) Market report categorizes this Market based on the current and future applications and it also covers the forecasted revenue from 2012 to 2022 depending upon the commercialization of the various applications.

 

Dallas, TX -- (ReleaseWire) -- 04/10/2014 -- According to a new market research report “Nanoelectromechanical Systems (NEMS) Market (2012 - 2022) by Applications (STM/AFM, Medical, Gas/Flow Sensor, RF), Products (Switches, Cantilevers), Components (Nanotubes, Nanowires, Nanofilms), Materials (Graphene, ZnO, SiC, GaN, SiO2)” published by, the total market is expected to reach $108.88 million by 2022, at a CAGR of 29.69% from 2012 to 2022.

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Nanoelectromechanical systems (NEMS) are electromechanical systems with nanometer dimensions operated in their resonant modes and are of interest to both - technical and scientific areas. In this size regime, extremely high resonant frequencies and small active masses can be achieved; the quality factors of resonance (Q) of NEMS being in the range of 103 to 105. These attributes collectively make NEMS suitable for a multitude of technological applications such as ultrafast sensors, actuators and signal procssing components.

NEMS, i.e. "Nanoelectromechanical Systems", are used for the devices integrating mechanical and electrical functionality on the nanoscale. NEMS is the advanced level of miniaturization after MEMS devices. NEMS includes various devices like sensors, actuators, gears, accelerometers, cantilevers, tweezers, and many other nano devices. Different properties of the NEMS-based devices, which makes them unique are low mass, high electrical strength, high mechanical resonance frequencies, potentially large quantum mechanical effects such as zero point motion and a high surface-to-volume ratio useful for surface-based sensing mechanisms.

NEMS-based devices are mostly preferred over the MEMS for the tips used in the Scanning Tunneling Microscope (STM) and Atomic Force Microscope (AFM). The major reasons behind the use of NEMS for the production of microscopic tips are the less switching time and low effective mass. NEMS are expected to be used for the random access memories due to the low switching time and high data storage capacity.

The overall report is segmented into five major segments; namely applications, nano-products, nano-components, nano-materials, and fabrication technologies. The major segment in the report is the application segment as on the basis of the various NEMS-based applications all the segments like major nano-products, nano-components, and nano-materials which are used in the NEMS industry are categorized. The application segment includes the current as well as the forecasted applications of the NEMS-based devices are covered in the report. Scanning probe microscopic tips are the only commercialized applications of the NEMS-based devices in the current scenario.

The major drivers of the NEMS market listed in the report are increasing corporate & government funding for life science and nanotechnology research, demand for the miniature electronic components due to advantages, technology advancements in nano-components and nano-materials, and increasing demand for high precision microscopes boosting overall market growth. Health hazards, environmental concerns, and manufacturing difficulties are the major restraints with respect to the nanoelectromechanical system (NEMS) market. Various opportunities are also described in the report like the applications of the NEMS based devices in the consumer electronics and various nano surgical instruments.

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The report also describes various nano-components that are majorly used for the production of nano-products. The major nano-components covered in the report are nanotubes, nanowires, nanofilms, and nanobelts. There are various other nano-components like nanocoils and nanogears but they come under the major nano-components. In the report, the differences in the properties of all the major nano-components are also covered.

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