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ALTO, Calif.--(BUSINESS WIRE)--July 19, 2004--The burgeoning
interest in micro technologies, partly triggered by
the rapid growth of nanotechnology, is opening up a
floodgate of opportunities for developing new, micro-electromechanical
systems (MEMS) based applications and products.
"The hunt for the `next big thing' is on,"
says Technical Insights analyst Jagan Ramaswami. "MEMS
-- particularly bio MEMS, RF MEMS and optical MEMS
-- are potential candidates in the search for a `killer
application' by the research community."
MEMS-based applications
have the potential to rejuvenate the market just as
the Internet did over the last two decades of the
previous millennium. Additionally, the emergence of
nanotechnology could encourage the innovation of a
gamut of new applications.
It is only a matter
of time before nanotechnology offers a viable solution
for various industrial needs. When it happens, MEMS
sensors are likely to facilitate intermediate communication
between the nanoscale and macroscale world. This is
also anticipated to help users overcome technical
glitches that may arise during the communication process.
With nanoscale fabrication
and molecular manufacturing gaining popularity, the
cost of many such devices is expected to fall, leading
to increase in volume and market growth. However,
the real impact of this market driver is inherently
tied to the success of nanotechnology.
The advent of better
micromachining processes has made the manufacture
of smaller and more versatile components economically
viable. The automotive accelerometer is an excellent
example of a device that has gained immense popularity
due to its low cost of manufacture.
Systems-on-a-chip
is another recent advancement in the MEMS arena. Integrated
manufacturing of electronics and sensors on the same
silicon wafer is likely to lower the cost of control
systems.
"Integrating
sensors, process circuitry and communication capabilities
on the same chip or silicon wafer is close to realization
and prototypes have already demonstrated the feasibility
of such systems," informs Ramaswami.
Large-scale manufacturing
of these systems at lower costs is quite possible
and the day might not be far when consumers have handheld
devices capable of sensing any chemical, gas or biological
agents present in real time.
"Countless possibilities
of discovering entirely new properties and applications
exist as the world of nanotech is immensely smaller
than the world of micro-tech," says Ramaswami.
"In fact, the growth is so rapid and enormous
that nanotechnology is already emerging as a contender
for MEMS in many application areas and market developments
can get only more exciting from here."
Hence, the need of
the hour is an objective evaluation of the prospects
and their balancing against the ground realities,
to enable the MEMS sensors market to flourish. The
industry needs to exorcise the ghosts of the telecom
crash and move forward driven by an optimal combination
of market, technology and product focus.
Global MEMS Sensors
Developments and Opportunities, part of the Semiconductors
Vertical Subscription Service, provides a comprehensive
overview of advancements in MEMS technology worldwide.
It provides details on current and future research
projects in this exciting arena while examining market
drivers, restraints, key applications and technological
trends. Executive summaries and interviews are available
to the press.
If you are interested in an analysis overview
which provide manufacturers, end-users and other industry
participants an overview, summary, challenges and
latest coverage of Global MEMS Sensors Developments
and Opportunities, send an e-mail to Julia Paulson,
North American Corporate Communications, at jpaulson@frost.com
with the following information: Full name, Company
Name, Title, Contact Tel. Number, Contact Fax Number,
E-Mail. Upon receipt of the above information, an
overview will be e-mailed to you.
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