1. Market Research
  2. > Manufacturing
  3. > Electronics Manufacturing Market Trends

MEMS: Biosensors and Nanosensors

  • January 2016
  • 178 pages
  • BCC Research
Report ID: 461665

Summary

Table of Contents

This BCC Research report identifies the segments of the microsensor market with the greatest commercial potential in the near term to mid-term (2015 to 2020), and includes projections for future demand in these segments.

Use this report to:

Gain information on the commercial potential of various microsensor technologies and applications
Identify segments of the microsensor market, including Microelectromechanical Systems (MEMS), biosensors and nanosensors, and those with the greatest commercial potential in the near term to middle term (2015 to 2020)
Evaluate the challenges that must be overcome for each segment of the microsensor market to realize its potential
Receive information on various patents in the industry

Highlights

The global market for microsensors reached nearly $9.9 billion in 2014 and totaled almost $10.9 billion in 2015. The market should reach more than $18.9 billion in 2020, a compound annual growth rate (CAGR) of 11.7% between 2015 and 2020.
MEMS sensors account for the bulk of the microsensor market and as a segment is projected to increase from $6.4 billion in 2015 to $9.6 billionby 2020, a CAGR of 8.6% through the forecast period.
Biochips is the fastest growing segment of this market, totaling $4.0 billion in 2015 and $8.7 billion by 2020, with a CAGR of 16.5% for the period of 2015-2020.

STUDY BACKGROUND

This report is an update of an earlier BCC Research report published in 2013.
Microelectromechanical systems (MEMS), biochips, and nanosensors (referred to collectively in this report as microsensors) make up one of the fastest-growing technology areas, with sales of nearly $8.9 billion in 2014 that are expected to grow at a compound annual growth rate (CAGR) of 11.7% between 2015 and 2020.

Microsensors have proven to be a key enabling technology for developments in sectors such as transportation, telecommunications and health care, but the range of microsensors’ applications covers nearly every sector. The most significant advantage of microsensors is their ability to communicate easily with semiconductor chips. Other
advantages include microsensors’ compact size, reduced power consumption, lower cost and increased reliability. The growth in the use of microsensors has also led to the creation of supporting industries in areas such as design software, design services, specialty fabrication equipment and fabrication facilities.

BCC Research has surveyed individual segments of the microsensor industry previously—for example, in its recent studies of the global market for MEMS, automotive sensors, medical device sensors and environmental sensors. BCC Research initiated the present study to bring together these related markets as well as to update
the findings and conclusions of the earlier reports.

The range of microsensor products and applications has grown rapidly in the past few years, but it is important to avoid “hyping” their prospects. Although some types of microsensors (airbag accelerometers, for example) have had great commercial success, other types (such as most types of nanosensors) have enjoyed less success. Still other technologies remain at the discovery and developmental stages, and their eventual commercialization will require the commitment of substantial resources, with long payback periods and substantial financial risk.
To the extent that hype results in exaggerated investor expectation, it can divert investment from microsensor technologies that have real commercial potential. In the worst case, disappointed expectations can lead to a drying up of investment funds, similar to the one that occurred in the dot-com sector after 2000. This report takes a hard look at the market for microsensors and tries to provide a road map for the technologies and applications that are likely to enjoy the greatest commercial success in the years through 2020.




Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Sensors for the Internet of Things (IOT): Global Markets

  • $ 6650
  • Industry report
  • March 2017
  • by BCC Research

Use this report to: - Learn about the important role that sensors play in Internet of Things (IoT) applications. - Gain an insight in to the opportunities that the IoT provides for sensor manufacturers. ...

Global Markets and Technologies for Sensors

  • $ 6650
  • Industry report
  • March 2017
  • by BCC Research

Use this report to: - Analyzes the various applications of sensors and the markets for such applications. - Review the markets for various emerging technologies in sensors and new products utilizing these ...

Acoustic Sensors: Technologies and Global Markets

  • $ 6650
  • Industry report
  • June 2017
  • by BCC Research

- The global market for acoustic wave sensors should reach $8.2 billion by 2021 from $6.0 billion in 2016 at a compound annual growth rate (CAGR) of 6.5%, from 2016 to 2021. - The market for surface acoustic ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.