NEMS Sensor Market - Forecast(2021 - 2026)

Report Code: AIR 0336 Report Format: PDF + Excel (Delivery in 48 Hrs)
NEMS Market Overview
The market for NEMS is forecast to reach $183.5 million by 2025, growing at a CAGR of 22.36% from 2020 to 2025. The growing demand for the miniature electronic components is the key driving factor of the market. The significant employment of the NEMS in the high precision microscopes is set to impact on the growth of the market during the forecast period.

Report Coverage
The report: “NEMS Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the NEMS market. 
By Technology - Micromachining, Lithography Electroplating and Molding, Others.
By Product Type - Nano-Tweezers, Nano-Cantilevers, Nano-Switches, Nano-Accelerometers, Others.
By Material - Graphene, Silicon Carbide, Silicon Dioxide, Zinc oxide(ZnO), Others.
By End user - Automotive, Consumer Electronics, Biopharma, Healthcare, Others.
By Geography - North America, South America, Europe, APAC, RoW.
Key Takeaways
  • The NEMS market is analysed to be in nascent phase, however it is set escalate during the forecast period owing to the significant rise in the R&D sector of this technology.
  • The increasing corporate & government funding for life science and nanotechnology research in set to impact the growth of healthcare sector thereby boosting the market growth rate.
  • APAC is analysed to hold the highest share in 2019, owing to the R&D activities and funding in the region.

By End user- Segment Analysis 
Healthcare is analysed to hold highest market share in 2019 majorly attributed to the increasing demand for high precision microscopes involved in the R&D sector. In November 2019, Swerim invested $0.8 million in the laboratory for electron microscopy which includes two brand-new high-resolution scanning electron microscopes (FEG-SEM) and an upgrade of the transmission electron microscope. These investments in expansion of the research facilities is further set to boost the market growth rate. Adding to this, the significant implementation of the NEMS based sensors in airbags in the automotive sector is set to impact on the growth of the market. In 2019, the government of India mandated the features such as speed alert, reverse parking sensors, front air bags as standard for any vehicle. These regulations alongside the deployment of NEMS to build accelerometers in automobile airbags, pressure sensors, flow rate sensors and so on is set to boost the market during the forecast period 2020-2025 as NEMS are used to create micro-miniature mechanical devices primarily from silicon.

Geography - Segment Analysis
APAC is analysed to be the dominant region in 2019, followed by Americas and Europe. This is mainly attributed to the vast research and developments activities in the countries such as China, Japan, India and so on alongside the large infrastructural development. The presence of major players in the region is also contributing to the market share of the region. Adding to this, APAC is the major shareholder in the automotive sector and the high deployment of the NEMS in the advanced vehicle technologies is further impacting on the growth rate of the market. As APAC is a major hub for manufacturing of consumer electronics such as mobile phones, computers alongside the rising miniaturization in this sector is set to escalate the market growth rate during the forecast period 2020-2025. In 2019, Sony has launched world’s smallest premium compact camera, the RX0 II (model DSC-RX0M2). These developments are further set to impact on the growth of the market.

Drivers – NEMS market 
  • Rise in the demand for miniature electronic components
The trend of miniaturization is certainly a key driving factor for the NEMS market. The significant rise in the demand for the miniature electronic gadgets is set to boost the market growth rate. The launch of the small camera and the integration of the NEMS technology in the manufacturing process is set to boost the market during the forecast period. The trend of miniaturization in the consumer electronics sector owing to the rise in demand for portable and slim smart phones, laptops and so on are set to escalate the market growth rate. Adding to this, the significant number of product developments by the major competitors such as HP, Apple, Lenovo and so on to launch the slimmest laptops are set to boost the market growth rate.
  • Growing demand for Nano surgical instruments:
The significant rise in the demand for miniaturized products in the surgical instruments is set boost the market growth rate during the forecast period. In June 2017, Omivision has launched OV6948, one of the world's smallest commercial image sensors for wide range of applications, including dental, veterinary, forensic and so on. These image sensors overcome many challenges posed by reusable medical imaging equipment, including cross-contamination risks and inefficiencies due to high maintenance costs. Owing to these advantages, the growing demand for the nano surgical equipment is set to boost the growth rate during the forecast period 2020-2025.

Challenges – NEMS market
  • Manufacturing Difficulties 
The manufacturing process of NEMS requires high precision tools and is costlier when compared to MEMS. This resulted in the absence of the mass manufacturing techniques thereby impacting on the minimal production of NEMS. Therefore the inefficient supply of the NEMS meeting the requirements is set to hinder the growth of the market during the forecast period.

Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the NEMS market. NEMS driver market is expected to be dominated by major companies such as Agilent Technologies Incorporation, Robert Bosch, Texas Instruments, Bruker Corporation, and Sun Innovation Incorporation among others.

Acquisitions/Technology Launches/Partnerships
  • In July 2018, Massachusetts Institute of Technology and the Institute of Physics together developed a new technique based on the concepts of kirigami — the conventional art of paper folding & cutting — for the manufacture of new 3D Nano light handling equipment.
1. NEMS - Market Overview
    1.1 Definitions and Scope
2. NEMS - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by type 
3. NEMS Market - Comparative analysis
    3.1 Product Benchmarking
    3.2 Top 5 Financials Analysis
    3.3 Patent Analysis 
    3.4 Pricing Analysis 
    3.5 Technology Roadmap
4. NEMS Market - Strategic analysis
    4.1 Value chain analysis
    4.2 Opportunities analysis
    4.3 Product life cycle
    4.4 Suppliers and distributors Market Share
5. NEMS - Market Forces
    5.1 Market Drivers
    5.2 Market Constraints
    5.3 Market Opportunities
    5.4 Porters five force model
        5.4.1 Bargaining power of suppliers
        5.4.2 Bargaining powers of customers
        5.4.3 Threat of new entrants
        5.4.4 Rivalry among existing players
        5.4.5 Threat of substitutes 
6. NEMS Market - By Fabrication Technology
    6.1 Micromachining
    6.2 Lithography Electroplating and Molding
    6.3 Others
7. NEMS Market - By Product Type
    7.1 Nano-Tweezers
    7.2 Nano-Cantilevers
    7.3 Nano-Switches
    7.4 Nano-Accelerometers
    7.5 Others
8. NEMS Market - By Material
    8.1 Graphene
    8.2 Silicon Carbide
    8.3 Silicon Dioxide
    8.4 Zinc oxide(ZnO)
    8.5 Others
9. NEMS Market - By End user
    9.1 Automotive
        9.1.1 Sensing and controls application
        9.1.2 others
    9.2 Healthcare
        9.2.1 Tools and Equipment application
        9.2.2 Others
    9.3 Consumer Electronics
        9.3.1 Solid state electronics
    9.4 Others
10. NEMS Market - By Geography 
    10.1 North America
        10.1.1 U.S
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Peru
        10.2.4 Others
    10.3 Europe
        10.3.1 U.K
        10.3.2 Germany
        10.3.3 Italy
        10.3.4 France
        10.3.5 Others
    10.4 APAC
        10.4.1 China
        10.4.2 Japan
        10.4.3 India
        10.4.4 Australia
        10.4.5 Others
    10.5 RoW
        10.5.1 Middle East
        10.5.2 Africa
11. NEMS Market - Entropy
12. NEMS Market Company Analysis
    12.1 Market Share, Company Revenue, Solution & Services, M&A, Developments
    12.2 Agilent Technologies corp.
    12.3 Robert Bosch
    12.4 Texas Instruments
    12.5 Bruker Corp.
    12.6 Sun Innovation Inc.
    12.7 Company 6
    12.8 Company 7
    12.9 Company 8
    12.10 Company 9
    12.11 Company 10
"*Financials would be provided on a best efforts basis for private companies