MEMS Market Research
Micro-electro-mechanical systems (MEMS) is the technology of very small mechanical devices driven by electricity; it merges at the nano-scale into nano-electro-mechanical systems (NEMS) and nanotechnology. MEMS are also referred to as micromachines (in Japan), or Micro Systems Technology - MST (in Europe).
Research reveals that the global market for MEMS devices and production equipment was worth $7.2 billion in 2008, and $7.6 billion in 2009. This market is likely to reach $13.2 billion in 2014, at a compound annual growth rate (CAGR) of 11.8% between 2009 and 2014. Microfluidic MEMS were the largest segment of the MEMS market in 2008 but are expected to lose market share. This sector was valued at $3.5 billion in 2009 and is expected to increase at a compound annual growth rate (CAGR) of 4% to reach $4.3 billion in 2014. Accelerometers, which have a projected compound annual growth rate (CAGR) of 29.9% through 2014, are expected to be the second-largest MEMS market segment (after microfluidics MEMS), with more than 20% of the market. This sector was valued at $720 million in 2009 and is expected to be worth $2.7 billion by 2014.
The MEMS market research reports incorporate trend analysis, statistics, market size information, industry growth rates, as well as market share of competitors. The comprehensive research also goes on to examine details such as technology & systems and domestic & international markets.
The study is an essential resource for top-level data and analysis covering the MEMS industry. It includes detailed data on market size and segmentation, comprehensive analysis of the key trends and competitive landscape, and profiles of the leading companies.