Global Nanoelectromechanical System (NEMS) Market is expected to reach $108.88 Million by 2022

Nanoelectromechanical systems or NEMS are tiny machines/devices integrating electrical and mechanical functionality on the nanometer scale. Examples of NEMS may include tiny accelerometers, chemical detectors, tiny cantilever which is a tiny electrical circuit which is used to measure the deflection of the lever. NEMS are logically the successors of MEMS (microelectricalmechanical systems). NEMS integrate transistor-like nanoelectronics with mechanical actuators, pumps, or motors, and may thereby form physical, biological, and chemical sensors. Important advantages of NEMS are low mass, 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. In NEMS the mechanical properties of the carbon nanotubes & graphene are integrated to get the robustness of carbon-based NEMS.

                                    Source: http://www.northeastern.edu/nemslab/

According to a new market research report by MarketsandMarkets, the global NEMS market is expected to reach $108.88 million by 2022, at an estimated CAGR of 29.69% from 2012 to 2022. The report describes the global NEMS market on the basis of applications, products, components, materials and geography. The applications includes STM/AFM, medical, gas/flow sensor, RF functionalities. The NEMS products described in the report are switches and cantilevers. The materials used in the NEMS products are Graphene, ZnO, SiC, GaN, SiO2. The components that are integrated to form NEMS products are nanotubes, nanowires, and nanofilms. Furthermore, the market is forecasted using both bottoms-up and top-down approaches.

ADVANTAGES OF NEMS:

1.       High resonating frequency.

2.       Low energy consumption.

3.       Size reduction

4.       Multiple frequencies on a single chip.

5.       Cost reduction by IC reduction.

NEMS extends the concept of miniaturization towards the level of atoms and molecules; hence NEMS have their core movement at the nanometer level at or below 100nm. It is expected that in the future NEMS will be preferred over MEMS for the high frequency applications like high frequency resonator and ultrasensitive sensors. This is because NEMS have smaller mass, higher electrical efficiency, high resonating frequency (which is in the range of GHz) and higher surface area to volume ratio. In the NEMS, the mechanical components are combined with electronic properties at nanoscale to develop devices which are capable of performing unconventional tasks. NEMS have been witnessed as a fundamental breakthrough in designing and manufacturing industry as tiny mechanical devices are combined with the electronic circuitry using various nano fabrication techniques.

The market research report on NEMS global market describes the market trends, drivers, and challenges of NEMS market and forecasts the NEMS market from 2012 to 2022, based on the various NEMS applications. The report can be referred here:
http://www.sbwire.com/press-releases/nanoelectromechanical-system-nems-market-to-reach-10888-million-by-2022-271626.htm