Micro Electro Mechanical Systems (Mems) Report on Technology Industry

Dec 29 2015 Mumbai, India: Bharatbook.com announces a report on “ Micro electro mechanical Systems (MEMS) Report on Technology Industry ”. The growth in the use of MEMS has also led to the creation of supporting industries in areas such as MEMS design software, design services, specialty fabrication equipment and fabrication facilities.

The global market is expected to reach $12.8 billion in 2015 and $21.9 billion by 2020, a compound annual growth rate (CAGR) of 11.5% between 2015 and 2020.

This report provides:

-An overview of the global markets for microelectromechanical systems (MEMS) technologies.

-Analyses of global market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020.

-Evaluations of the challenges that must be overcome for each segment to realize its potential in order to estimate the probability of successful commercialization.

-Milestones in the development of MEMS.

-Current and potential MEMS applications.

-MEMS applications and end users with the greatest commercial potential through 2020.

-Factors that will influence the long-term development of MEMS.

-MEMS market shares and industry structure.

-Profiles of major players in the industry.

INTRODUCTION

STUDY BACKGROUND

Microelectromechanical systems (MEMS) are one of the fastest-growing technology areas, with sales of $11.7 billion in 2014, which are expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2015 through 2020.

MEMS have proven to be key enabling technologies for developments in transportation, telecommunications and healthcare, but the range of MEMS applications covers nearly every sector. The most significant advantage of MEMS is their ability to communicate easily with semiconductor chips. Other advantages include MEMS’ compact size, reduced power consumption, lower cost and increased reliability.

The growth in the use of MEMS has also led to the creation of supporting industries in areas such as...