Industrial, Manufacturing & Heavy Industry Market News

NEMS market expected to experience double-digit growth rate during the forecast period 2016 to 2021

Industrial Market Research

The global nanoelectromechanical systems (NEMS) market was valued at $9.7 million in 2015. This market is expected to grow from $11.3 million in 2016 to $55.4 million by 2021, with a compound annual growth rate (CAGR) of 37.4% for the period of 2016-2021.


Report Scope:


Nanoelectromechanical systems (NEMS) comprise an advanced class of devices that integrates electrical and mechanical functionalities on the nanoscopic scale. NEMS are considered as a disruptive technological advancement that extends miniaturization of devices to the next level, beyond microelectromechanical systems (MEMS).