Selected research
Market Analysis & Forecast
Global Nanoscale MEMS Chip Market Analysis and Forecast 2026-2032
Market perspective
The global Nanoscale MEMS Chip market is projected to grow from US$ million in 2026 to US$ million by 2032, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
Nanoscale MEMS Chip's global sales reached XX (k units) with a value of US$ XX Million, marking an change of XX% compared to the previous year. This performance has positioned Robert Bosch as the global sales leader, a title it has maintained for several consecutive years. Notably, Robert Bosch's performance in primary markets is also remarkable. In the Chinese market, sales were XX (k units), a change of XX% from the previous year. In Europe, sales were XX (k units), showing a year-on-year of XX%. In the US, sales were XX (k units), a year-on-year change of XX%.
The major global manufacturers in the Nanoscale MEMS Chip market include Robert Bosch, Broadgom, Gorvo, Stmicroelectronigs, Qualcomm, TDK Corporation, Texas Instruments, Goermicro and Hewlett Packard, etc. In 2025, the top three vendors accounted for approximately % of the revenue.
Read the full market overview
In terms of production side, this report researches the Nanoscale MEMS Chip production, growth rate, market share by manufacturers and by region (region level and country level), from 2021 to 2026, and forecast to 2032.
In terms of consumption side, this report focuses on the sales of Nanoscale MEMS Chip by region (region level and country level), by Company, by Type and by Application. from 2021 to 2026 and forecast to 2032.
This report presents an overview of global market for Nanoscale MEMS Chip, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Nanoscale MEMS Chip, also provides the consumption of main regions and countries. Of the upcoming market potential for Nanoscale MEMS Chip, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Nanoscale MEMS Chip sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Nanoscale MEMS Chip market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2021 to 2032. Evaluation and forecast the market size for Nanoscale MEMS Chip sales, projected growth trends, production technology, application and end-user industry.
Nanoscale MEMS Chip Segment by Company
Robert Bosch
Broadgom
Gorvo
Stmicroelectronigs
Qualcomm
TDK Corporation
Texas Instruments
Goermicro
Hewlett Packard
Infineon Technologies
Nanoscale MEMS Chip Segment by Type
5 Inches
6 Inches
8 Inches
Others
Nanoscale MEMS Chip Segment by Application
Wearable Devices
Consumer Electronics
Auto Industry
Others
Nanoscale MEMS Chip Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Nanoscale MEMS Chip market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Nanoscale MEMS Chip and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Nanoscale MEMS Chip.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Nanoscale MEMS Chip production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Nanoscale MEMS Chip in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Nanoscale MEMS Chip manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Nanoscale MEMS Chip sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- 5 Inches
- 6 Inches
- 8 Inches
- Others
Applications
- Wearable Devices
- Consumer Electronics
- Auto Industry
- Others
Companies covered
- Robert Bosch
- Broadgom
- Gorvo
- Stmicroelectronigs
- Qualcomm
- TDK Corporation
- Texas Instruments
- Goermicro
- Hewlett Packard
- Infineon Technologies
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Nanoscale MEMS Chip Market by Type
- 1.2.1 Global Nanoscale MEMS Chip Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 5 Inches
- 1.2.3 6 Inches
- 1.2.4 8 Inches
- 1.2.5 Others
- 1.3 Nanoscale MEMS Chip Market by Application
- 1.3.1 Global Nanoscale MEMS Chip Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Wearable Devices
- 1.3.3 Consumer Electronics
- 1.3.4 Auto Industry
- 1.3.5 Others
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 Nanoscale MEMS Chip Market Dynamics
- 2.1 Nanoscale MEMS Chip Industry Trends
- 2.2 Nanoscale MEMS Chip Industry Drivers
- 2.3 Nanoscale MEMS Chip Industry Opportunities and Challenges
- 2.4 Nanoscale MEMS Chip Industry Restraints
3 Global Nanoscale MEMS Chip Production Overview
- 3.1 Global Nanoscale MEMS Chip Production Capacity (2021-2032)
- 3.2 Global Nanoscale MEMS Chip Production by Region: 2021 VS 2025 VS 2032
- 3.3 Global Nanoscale MEMS Chip Production by Region
- 3.3.1 Global Nanoscale MEMS Chip Production by Region (2021-2026)
- 3.3.2 Global Nanoscale MEMS Chip Production by Region (2027-2032)
- 3.3.3 Global Nanoscale MEMS Chip Production Market Share by Region (2021-2032)
- 3.4 North America
- 3.5 Europe
- 3.6 China
- 3.7 Japan
- 3.8 South Korea
4 Global Market Growth Prospects
- 4.1 Global Nanoscale MEMS Chip Revenue Estimates and Forecasts (2021-2032)
- 4.2 Global Nanoscale MEMS Chip Revenue by Region
- 4.2.1 Global Nanoscale MEMS Chip Revenue by Region: 2021 VS 2025 VS 2032
- 4.2.2 Global Nanoscale MEMS Chip Revenue by Region (2021-2026)
- 4.2.3 Global Nanoscale MEMS Chip Revenue by Region (2027-2032)
- 4.2.4 Global Nanoscale MEMS Chip Revenue Market Share by Region (2021-2032)
- 4.3 Global Nanoscale MEMS Chip Sales Estimates and Forecasts 2021-2032
- 4.4 Global Nanoscale MEMS Chip Sales by Region
- 4.4.1 Global Nanoscale MEMS Chip Sales by Region: 2021 VS 2025 VS 2032
- 4.4.2 Global Nanoscale MEMS Chip Sales by Region (2021-2026)
- 4.4.3 Global Nanoscale MEMS Chip Sales by Region (2027-2032)
- 4.4.4 Global Nanoscale MEMS Chip Sales Market Share by Region (2021-2032)
- 4.5 North America
- 4.6 Europe
- 4.7 China
- 4.8 Asia (Excluding China)
- 4.9 South America, Middle East and Africa
5 Market Competitive Landscape by Manufacturers
- 5.1 Global Nanoscale MEMS Chip Revenue by Manufacturers
- 5.1.1 Global Nanoscale MEMS Chip Revenue by Manufacturers (2021-2026)
- 5.1.2 Global Nanoscale MEMS Chip Revenue Market Share by Manufacturers (2021-2026)
- 5.1.3 Global Nanoscale MEMS Chip Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 5.2 Global Nanoscale MEMS Chip Sales by Manufacturers
- 5.2.1 Global Nanoscale MEMS Chip Sales by Manufacturers (2021-2026)
- 5.2.2 Global Nanoscale MEMS Chip Sales Market Share by Manufacturers (2021-2026)
- 5.2.3 Global Nanoscale MEMS Chip Manufacturers Sales Share Top 10 and Top 5 in 2025
- 5.3 Global Nanoscale MEMS Chip Sales Price by Manufacturers (2021-2026)
- 5.4 Global Nanoscale MEMS Chip Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 5.5 Global Nanoscale MEMS Chip Key Manufacturers Manufacturing Sites & Headquarters
- 5.6 Global Nanoscale MEMS Chip Manufacturers, Product Type & Application
- 5.7 Global Nanoscale MEMS Chip Manufacturers Commercialization Time
- 5.8 Market Competitive Analysis
- 5.8.1 Global Nanoscale MEMS Chip Market CR5 and HHI
- 5.8.2 2025 Nanoscale MEMS Chip Tier 1, Tier 2, and Tier 3
6 Nanoscale MEMS Chip Market by Type
- 6.1 Global Nanoscale MEMS Chip Revenue by Type
- 6.1.1 Global Nanoscale MEMS Chip Revenue by Type (2021-2032) & (US$ Million)
- 6.1.2 Global Nanoscale MEMS Chip Revenue Market Share by Type (2021-2032)
- 6.2 Global Nanoscale MEMS Chip Sales by Type
- 6.2.1 Global Nanoscale MEMS Chip Sales by Type (2021-2032) & (k units)
- 6.2.2 Global Nanoscale MEMS Chip Sales Market Share by Type (2021-2032)
- 6.3 Global Nanoscale MEMS Chip Price by Type
7 Nanoscale MEMS Chip Market by Application
- 7.1 Global Nanoscale MEMS Chip Revenue by Application
- 7.1.1 Global Nanoscale MEMS Chip Revenue by Application (2021-2032) & (US$ Million)
- 7.1.2 Global Nanoscale MEMS Chip Revenue Market Share by Application (2021-2032)
- 7.2 Global Nanoscale MEMS Chip Sales by Application
- 7.2.1 Global Nanoscale MEMS Chip Sales by Application (2021-2032) & (k units)
- 7.2.2 Global Nanoscale MEMS Chip Sales Market Share by Application (2021-2032)
- 7.3 Global Nanoscale MEMS Chip Price by Application
8 Company Profiles
- 8.1 Robert Bosch
- 8.1.1 Robert Bosch Company Information
- 8.1.2 Robert Bosch Business Overview
- 8.1.3 Robert Bosch Nanoscale MEMS Chip Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.1.4 Robert Bosch Nanoscale MEMS Chip Product Portfolio
- 8.1.5 Robert Bosch Recent Developments
- 8.2 Broadgom
- 8.2.1 Broadgom Company Information
- 8.2.2 Broadgom Business Overview
- 8.2.3 Broadgom Nanoscale MEMS Chip Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.2.4 Broadgom Nanoscale MEMS Chip Product Portfolio
- 8.2.5 Broadgom Recent Developments
- 8.3 Gorvo
- 8.3.1 Gorvo Company Information
- 8.3.2 Gorvo Business Overview
- 8.3.3 Gorvo Nanoscale MEMS Chip Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.3.4 Gorvo Nanoscale MEMS Chip Product Portfolio
- 8.3.5 Gorvo Recent Developments
- 8.4 Stmicroelectronigs
- 8.4.1 Stmicroelectronigs Company Information
- 8.4.2 Stmicroelectronigs Business Overview
- 8.4.3 Stmicroelectronigs Nanoscale MEMS Chip Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.4.4 Stmicroelectronigs Nanoscale MEMS Chip Product Portfolio
- 8.4.5 Stmicroelectronigs Recent Developments
- 8.5 Qualcomm
- 8.5.1 Qualcomm Company Information
- 8.5.2 Qualcomm Business Overview
- 8.5.3 Qualcomm Nanoscale MEMS Chip Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.5.4 Qualcomm Nanoscale MEMS Chip Product Portfolio
- 8.5.5 Qualcomm Recent Developments
- 8.6 TDK Corporation
- 8.6.1 TDK Corporation Company Information
- 8.6.2 TDK Corporation Business Overview
- 8.6.3 TDK Corporation Nanoscale MEMS Chip Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.6.4 TDK Corporation Nanoscale MEMS Chip Product Portfolio
- 8.6.5 TDK Corporation Recent Developments
- 8.7 Texas Instruments
- 8.7.1 Texas Instruments Company Information
- 8.7.2 Texas Instruments Business Overview
- 8.7.3 Texas Instruments Nanoscale MEMS Chip Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.7.4 Texas Instruments Nanoscale MEMS Chip Product Portfolio
- 8.7.5 Texas Instruments Recent Developments
- 8.8 Goermicro
- 8.8.1 Goermicro Company Information
- 8.8.2 Goermicro Business Overview
- 8.8.3 Goermicro Nanoscale MEMS Chip Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.8.4 Goermicro Nanoscale MEMS Chip Product Portfolio
- 8.8.5 Goermicro Recent Developments
- 8.9 Hewlett Packard
- 8.9.1 Hewlett Packard Company Information
- 8.9.2 Hewlett Packard Business Overview
- 8.9.3 Hewlett Packard Nanoscale MEMS Chip Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.9.4 Hewlett Packard Nanoscale MEMS Chip Product Portfolio
- 8.9.5 Hewlett Packard Recent Developments
- 8.10 Infineon Technologies
- 8.10.1 Infineon Technologies Company Information
- 8.10.2 Infineon Technologies Business Overview
- 8.10.3 Infineon Technologies Nanoscale MEMS Chip Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.10.4 Infineon Technologies Nanoscale MEMS Chip Product Portfolio
- 8.10.5 Infineon Technologies Recent Developments
9 North America
- 9.1 North America Nanoscale MEMS Chip Market Size by Type
- 9.1.1 North America Nanoscale MEMS Chip Revenue by Type (2021-2032)
- 9.1.2 North America Nanoscale MEMS Chip Sales by Type (2021-2032)
- 9.1.3 North America Nanoscale MEMS Chip Price by Type (2021-2032)
- 9.2 North America Nanoscale MEMS Chip Market Size by Application
- 9.2.1 North America Nanoscale MEMS Chip Revenue by Application (2021-2032)
- 9.2.2 North America Nanoscale MEMS Chip Sales by Application (2021-2032)
- 9.2.3 North America Nanoscale MEMS Chip Price by Application (2021-2032)
- 9.3 North America Nanoscale MEMS Chip Market Size by Country
- 9.3.1 North America Nanoscale MEMS Chip Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 North America Nanoscale MEMS Chip Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 North America Nanoscale MEMS Chip Price by Country (2021-2032)
- 9.3.4 United States
- 9.3.5 Canada
- 9.3.6 Mexico
10 Europe
- 10.1 Europe Nanoscale MEMS Chip Market Size by Type
- 10.1.1 Europe Nanoscale MEMS Chip Revenue by Type (2021-2032)
- 10.1.2 Europe Nanoscale MEMS Chip Sales by Type (2021-2032)
- 10.1.3 Europe Nanoscale MEMS Chip Price by Type (2021-2032)
- 10.2 Europe Nanoscale MEMS Chip Market Size by Application
- 10.2.1 Europe Nanoscale MEMS Chip Revenue by Application (2021-2032)
- 10.2.2 Europe Nanoscale MEMS Chip Sales by Application (2021-2032)
- 10.2.3 Europe Nanoscale MEMS Chip Price by Application (2021-2032)
- 10.3 Europe Nanoscale MEMS Chip Market Size by Country
- 10.3.1 Europe Nanoscale MEMS Chip Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 10.3.2 Europe Nanoscale MEMS Chip Sales by Country (2021 VS 2025 VS 2032)
- 10.3.3 Europe Nanoscale MEMS Chip Price by Country (2021-2032)
- 10.3.4 Germany
- 10.3.5 France
- 10.3.6 U.K.
- 10.3.7 Italy
- 10.3.8 Russia
- 10.3.9 Spain
- 10.3.10 Netherlands
- 10.3.11 Switzerland
- 10.3.12 Sweden
11 China
- 11.1 China Nanoscale MEMS Chip Market Size by Type
- 11.1.1 China Nanoscale MEMS Chip Revenue by Type (2021-2032)
- 11.1.2 China Nanoscale MEMS Chip Sales by Type (2021-2032)
- 11.1.3 China Nanoscale MEMS Chip Price by Type (2021-2032)
- 11.2 China Nanoscale MEMS Chip Market Size by Application
- 11.2.1 China Nanoscale MEMS Chip Revenue by Application (2021-2032)
- 11.2.2 China Nanoscale MEMS Chip Sales by Application (2021-2032)
- 11.2.3 China Nanoscale MEMS Chip Price by Application (2021-2032)
12 Asia (Excluding China)
- 12.1 Asia Nanoscale MEMS Chip Market Size by Type
- 12.1.1 Asia Nanoscale MEMS Chip Revenue by Type (2021-2032)
- 12.1.2 Asia Nanoscale MEMS Chip Sales by Type (2021-2032)
- 12.1.3 Asia Nanoscale MEMS Chip Price by Type (2021-2032)
- 12.2 Asia Nanoscale MEMS Chip Market Size by Application
- 12.2.1 Asia Nanoscale MEMS Chip Revenue by Application (2021-2032)
- 12.2.2 Asia Nanoscale MEMS Chip Sales by Application (2021-2032)
- 12.2.3 Asia Nanoscale MEMS Chip Price by Application (2021-2032)
- 12.3 Asia Nanoscale MEMS Chip Market Size by Country
- 12.3.1 Asia Nanoscale MEMS Chip Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 Asia Nanoscale MEMS Chip Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 Asia Nanoscale MEMS Chip Price by Country (2021-2032)
- 12.3.4 Japan
- 12.3.5 South Korea
- 12.3.6 India
- 12.3.7 Australia
- 12.3.8 Taiwan
- 12.3.9 Southeast Asia
13 South America, Middle East and Africa
- 13.1 SAMEA Nanoscale MEMS Chip Market Size by Type
- 13.1.1 SAMEA Nanoscale MEMS Chip Revenue by Type (2021-2032)
- 13.1.2 SAMEA Nanoscale MEMS Chip Sales by Type (2021-2032)
- 13.1.3 SAMEA Nanoscale MEMS Chip Price by Type (2021-2032)
- 13.2 SAMEA Nanoscale MEMS Chip Market Size by Application
- 13.2.1 SAMEA Nanoscale MEMS Chip Revenue by Application (2021-2032)
- 13.2.2 SAMEA Nanoscale MEMS Chip Sales by Application (2021-2032)
- 13.2.3 SAMEA Nanoscale MEMS Chip Price by Application (2021-2032)
- 13.3 SAMEA Nanoscale MEMS Chip Market Size by Country
- 13.3.1 SAMEA Nanoscale MEMS Chip Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 13.3.2 SAMEA Nanoscale MEMS Chip Sales by Country (2021 VS 2025 VS 2032)
- 13.3.3 SAMEA Nanoscale MEMS Chip Price by Country (2021-2032)
- 13.3.4 Brazil
- 13.3.5 Argentina
- 13.3.6 Chile
- 13.3.7 Colombia
- 13.3.8 Peru
- 13.3.9 Saudi Arabia
- 13.3.10 Israel
- 13.3.11 UAE
- 13.3.12 Turkey
- 13.3.13 Iran
- 13.3.14 Egypt
14 Value Chain and Sales Channels Analysis
- 14.1 Nanoscale MEMS Chip Value Chain Analysis
- 14.1.1 Nanoscale MEMS Chip Key Raw Materials
- 14.1.2 Raw Materials Key Suppliers
- 14.1.3 Manufacturing Cost Structure
- 14.1.4 Nanoscale MEMS Chip Production Mode & Process
- 14.2 Nanoscale MEMS Chip Sales Channels Analysis
- 14.2.1 Direct Comparison with Distribution Share
- 14.2.2 Nanoscale MEMS Chip Distributors
- 14.2.3 Nanoscale MEMS Chip Customers
15 Concluding Insights
16 Appendix
- 16.1 Reasons for Doing This Study
- 16.2 Research Methodology
- 16.3 Research Process
- 16.4 Authors List of This Report
- 16.5 Data Source
- 16.5.1 Secondary Sources
- 16.5.2 Primary Sources
- 16.6 Disclaimer
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