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Microelectromechanical Systems (MEMS) Technology: Current and Future Markets - Reportlinker ReviewNEW YORK, Nov. 5, 2015 /PRNewswire/ -- This BCC Research report looks at the MEMS market and provides a road map to the technologies and applications that are most likely to be successfully commercialized in the next five years. includes forecast through 2020. and fabrication facilities. BCC Research last surveyed the MEMS industry in 2010. Since then, the range of MEMS products and applications has grown rapidly. Some MEMS types (e.g., airbag accelerometers) have had great commercial success, whereas others have failed to live up to their proponents' expectations. MEMS comprise an established industry, but it is important to avoid hyping its prospects, as this can divert investment from MEMS with real commercial potential. Hype can result in exaggerated investor expectations that are subsequently disappointed, which can lead to a drying up of investment funds, as happened in the dot.com sector after 2000. This report takes a hard look at the MEMS market and provides a road map to the technologies and applications that are most likely to be successfully commercialized in the next five years. STUDY GOALS AND OBJECTIVES The goal of this report is to provide investors and others with information regarding the commercial potential of various MEMS technologies and applications to complement the growing body of technical information. Specific objectives include identifying segments of the MEMS market with the greatest commercial potential in the near to mid-term (2014 to 2020), projecting future demand in these segments and evaluating the challenges that must be overcome for each segment to realize its potential to estimate the probability of successful commercialization. SCOPE AND FORMAT The report addresses the global market for MEMS applications. MEMS, which are devices that integrate mechanical elements, sensors, actuators, and electronics on a common silicon substrate, typically have dimensions in the 1-micron to 100-micron range (1 micron = 1 millionth of a meter). These devices are sometimes also referred to as microsystems, especially in Europe. The term MEMS is also used interchangeably with terms such as nanotools and nanodevices, but the scope of this report does not include either of these technologies. The key distinction is one of scale: MEMS are measured in millimeters (one-thousandth of a meter) or microns (one-millionth of a meter), whereas nanotools and nanodevices have dimensions or perform tasks on a nanoscale (i.e., less than 100 nanometer, or one 10-millionth of a meter). Nanotechnology is only addressed in this report to the extent that it is a key enabling technology for some MEMS types. Read the full report: http://www.reportlinker.com/p0170507-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker reviews, finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/microelectromechanical-systems-mems-technology-current-and-future-markets---reportlinker-review-300173770.html SOURCE Reportlinker |