Global Nanoelectromechanical Systems Market report published by Accurize Market Research forecast that the global market is expected to reach $127 million by 2024; growing at a CAGR of 27.6% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.

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Advanced functionality for electronic devices and escalating demand for precision microscopes to drive the growth of the market

Advanced functionality for electronic devices and escalating demand for precision microscopes fuels the demand for the global nanoelectromechanical systems market. Furthermore, technological advancements and increasing awareness and concern among the semiconductor industry also boost the growth of the market.

Market Segmentation

The global nanoelectromechanical systems market has been bifurcated on the basis of product type, material, application, and geography. By product type, the report covers nano relay and switches, BioNEMS, Nano-tweezers, Nano-actuators, Nano-sensors, Nano-resonators, gyroscopes, Nano-accelerometers, Nano-robots, and other product types. Wherein by material, the report covers graphene-based NEMS, silicon-based NEMS, silicon carbide-based NEMS, indium arsenide based NEMS, gold and platinum-based NEMS, gallium arsenide based NEMS and other materials. By application, the segments covered in the report are semiconductor industry, automotive, monitoring and detection, industrial process and control, communication, medical sector, military and defense, and other applications.

By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The U.S., Canada, and Mexico are covered under North America, wherein Europe covers the U.K, Germany, France, Russia, Spain, Italy, and the Rest of Europe. Asia-Pacific covers China, India, Japan, South Korea, Australia, Singapore, and Rest of Asia-Pacific. The rest of the World (RoW) covers South America, the Middle East, and Africa.

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Top players in the market

The key players operational in the market includes Materials and Electrochemical Research Corporation, Vistec Electron Beam GmbH, Graphene Frontiers, Amprius, Inc., Broadcom Corporation, Agilent Technologies, Bruker Corporation, Showa Denko K.K., Analog Devices, Inc., and Inframat Corporation, among others.