Albany, NY (PRWEB) February 03, 2015
Micro electromechanical system is the technology of extremely small devices. Also referred as MEMS, this technology is called Micro-machinery in Japan and Micro System Technology (MST) in Europe. MEMS includes both mechanical and electrical components on a single chip. Hence, it enables the controlling capabilities of micro-actuators and micro-sensors of smart products having the computational abilities of microelectronics and perception.
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The demand for MEMS in China has increased at a faster speed in the past decade. In the coming decade, both production and demand are expected to continue to grow. The economy of China maintains the development at a higher pace, which has been spurred on by the recurring growth of industrial output, customer consumption, import and export, and capital investment for over two decades.
This research report evaluates economic trends in the China MEMS market, industry development, investment environment in the MEMS market, capacity of the MEMS industry, demand and supply in the MEMS market, marketing channels in MEMS, industry structure, and key industry players in the MEMS market. Historical data of the MEMS industry for the year 2004, 2009, and 2014 and long-term predictions from 2019 to 2024 are offered in this market study.
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Updated government rules and regulations applied in the MEMS market, industry data, and market information have been accessed by doing primary and secondary research in China. Data were collected from Chinese government publications, Chinese newspapers and magazines, industry associations in China, industry bureaus of the local government, publications in the MEMS industry, and the in-house databases.
The research report is prepared through extensive study of the MEMS market in China and provides crucial data and analyses. Experts of the MEMS industry, university professors, and producers in China were interviewed for this report. This report analyzes the market based on its economic models and applies the quantitative methods for projecting the market demand and industry trends.
Today, China has the biggest MEMS market in the world. It has a number of rapidly growing markets for MEMS, which hold immense potential for growth as far as imports and business ventures are concerned. The MEMS commoditization is leading to the utilization of MEMS on a broader range in the consumer electronics and automotive industries. Oil production and exploration, health and climate monitoring, and smart highway infrastructure are the main sectors driving the growth of the MEMS market in China.
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This research report is especially beneficial for players who want to expand businesses or sell products in China, as the report provides the insights and projections into the MEMS market in China, which will prove to be of great value for market players, consultants, and stakeholders.
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