Global Market for MEMS and NEMS Sensors, Forecast to 2022

LONDON, March 22, 2017 /PRNewswire/ -- MEMS & NEMS Sensors are Enabling Smart Devices and IoT Applications Across Vertical Markets

Micro-electromechanical system (MEMS) sensors are in the growth stage of their life cycle, exhibiting growing demand from most of the end users. This trend is likely to continue for many years to come. With ease of miniaturization becoming a reality, a number of sensors have been developed based on MEMS technology such as pressure and vibration sensors/accelerometers, gyroscopes, and radiation and temperature sensors. Accelerometers are devices that measure acceleration in one dimension and gyroscopes measure the rotational rate.

A few of these applications include: motion sensor suite for diverse applications, industrial vibration monitoring devices, virtual reality gaming devices, air bag deployment, vehicle stability enhancement systems, and personal, vehicle, and aircraft navigation systems. With so many possibilities, MEMS are used as a common technology platform for developing different sensors, which have facilitated the ease of constructing integrated systems.

The most recent trend indicates the use of MEMS for monitoring and control applications. MEMS are identified differently by different technologists in different regions. Some refer to those as micro-machined sensors/devices, while others refer to those as microsystems technology. MEMS sensors have proven high performance, when compared to similar sensors based on competing technologies. Using macro-level machining to manufacture pressure sensors has resulted in high-precision sensors that can be used in critical applications.

Accelerometers based on MEMS technology are highly sensitive. They have fail-safe performance in extremely critical applications such as air bag activation and vehicle stability within the automotive end user. As is the norm within the IC market, manufacturing of MEMS in bulk drives down costs significantly. Through miniaturization, it has been possible to produce nano- and micro- sensors for health, wellness, and preventive health applications. This development has transformed the health monitoring space. MEMS sensor-based devices have a large variation-ranging from being simple structures with moving elements to extremely complex electromechanical systems with multiple moving elements that are controlled by integrated microelectronics. Miniaturization of MEMS has disproved that the performance of a sensor is most often inversely related to its size. A key benefit of miniaturization is substantial improvement frequency response of sensors as their size decreases.

However, in terms of limitations, some technologists have reported a decrease in the raw sensitivity of MEMS-based microphones, pressure sensors, gyroscopes, and accelerometers when miniaturized. At the same time, large investments are being made in research and development of new-generation MEMS sensor devices, ranging from less than a micron to several millimeters with proven high performance. Increasing demand for MEMS-based sensors is an indication of fast-growing penetration of miniature or nano-sensors. There is a large number of diverse sensor types based on MEMS technology. Currently, there are 15 sensors based on MEMS that are used in diverse applications within various vertical end-user markets. They include both stand-alone and single parameter monitoring to combined sensors monitoring more than one parameter. Accelerometers and pressure sensors are the largest revenue generators for the MEMS sensors market.

Key Questions This Study Will Answer
- Is the MEMS and NEMS sensors market growing? How long will it continue to grow and at what rate?
- What is the structure of the MEMS and NEMS sensors market across industries and how is it expected to take shape?
- What are the different types of sensors, technologies, and regulatory trends observed in the marketplace?
- What are the recent mergers and acquisitions (M&As) in the market? Is the market ripe for acquisitions?
- Are the products/services offered meeting customer needs or is additional development needed?
- What are the important geographical regions for the market? What is the growth forecast for these regions?

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