DUBLIN, January 8, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/qw92sz/global_optical) has announced the addition of the "Global Optical MEMS Market 2015-2019" report to their offering.
The report predicts the global optical MEMS market to grow at a CAGR of 7.47% over the period 2014-2019.
MEMS is increasingly being used in holographic displays, which project a 3D image without the help of projection screens, and are used in events, product launches, and conferences. Vendors are focusing on reducing the production cost for optical MEMS, which will increase their adoption in the consumer electronics market.
According to the report, the optical MEMS market is primarily driven by the telecommunication segment, owing to a high demand for greater bandwidth. Due to an increasing penetration of the Internet of Things (IoT), optical MEMS are required in datacenters to transfer and receive information over dense wavelength-division multiplexing (DWDM) networks. The adoption of optical MEMS is also increasing in wearables and thermal imaging applications.
Further, the report states that the optical MEMS market faces a challenge due to high complexities in designing the wafers. The complex design and manufacturing process increases the time and cost of manufacturing. The packaging cost of optical MEMS is high because of the use of vacuum technology, which is required to improve the efficiency of optical MEMS such as micromirrors and microbolometers.
Key questions answered in this report:
- What will the market size be in 2019 and what will the growth rate be?
- What are the Key Market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- Analog Devices
- Freescale Semiconductor
- Texas Instruments
Other prominent vendors:
- Boston Micromachines
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/qw92sz/global_optical
Laura Wood, +353-1-481-1716, email@example.com
SOURCE Research and Markets