Boosting the industry for nano positioning systems is the surging demand for MEMS depending upon capacitive sensors in consumer electronics and wearables industry, the increasing demand for ceramic technology for miniaturization, and the rising need of piezoelectric actuators in aerospace industry. Acting as a restraint to the global nano positioning systems industry, on the other hand, is the hysteresis loss and backlash which is negatively impacting the performance of position actuators. The dearth of flow of design and manufacturing information in mechatronic systems too is proving counterproductive to the industry.
The Nano Positioning Systems Industry is projected to grow from an estimated USD 96.9 Million in 2018 to USD 277.3 Million by 2025, at a CAGR of 13.5% between 2018 and 2025. The nano positioning systems industry research report further analyzes the industry’s competitive landscape and offers information on several companies including Aerotech, CEDRAT TECHNOLOGIES, Prior Scientific Instruments, and Physik Instrumente.
Global Nano Positioning Systems Industry Share by 2025 (USD Million)
The wide application of nanotechnology is one of the key factors impelling nano positioning systems industry growth. Nanotechnology is increasingly being used to manufacture multiple semiconductor components such as quantum dots (QDs), carbon nanotubes (CNTs), and other nanoparticles. Growing applications of nanotechnology have further paved the way for the broad applications of nano positioning systems across several end-user industries. Consequently, with an increasing number of industries willing to venture in leveraging nanotechnology, the demand for nano positioning systems is expected to rise considerably in the forthcoming years.
The integrated network of nano sensors (IoNT) is one of the most prominent emerging nano positioning systems industry trends. IoNT allows integration of internet and existing communication infrastructure of organizations with nanoscale devices. The capability of IoNT to monitor and manage interconnected nanoscale devices makes it suitable for implementation in smart environments like smart homes, smart healthcare, smart shopping, and smart transportation. This Nano Positioning Systems industry analysis expects the popularity of IoNT to increase due to the growing need for NFC, Wi-Fi, and LTE connectivity. As a result, this nano positioning systems industry forecast predicts that the nano positioning systems industry will increase at a CAGR of over 13% during the forecast period.
Geography-wise, the key segments of the global nano positioning systems industry are Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. Europe, among them, dominates with most of the industry share. In 2018, that leading industry share stood at 33.75%. Rising at a CAGR of 13.7% from 2018 to 2025, it is expected to grow its leading share marginally. Helping the industry in Europe to grow phenomenally is the growing demand for ceramic technology for miniaturization in different applications such as white light inferometry, precision laser machining, and increasing research in nano systems in the nations of France and Germany.
North America trails Europe in the global nano positioning systems industry vis-à-vis industry share. In 2018, North America accounted for 33.77% of the share in the industry due to the pressing need for achieving higher speeds in defense nanotechnics and aerospace industry. The industry for nano positioning system in North America was worth US$51.5 million in 2018.
In terms of growth rate, however, Asia Pacific is expected to surpass all other regions, by clocking about 14.1% CAGR between 2018 and 2025, on the back of spike in demand for piezoelectric sensor type which are seeing widespread uptake in research and development in nano positioning goniometer and invertical lift and in "Z" stage nano positioner.
Major market players on Nano Positioning Systems Industry are Prior Scientific Instruments, Aerotech, Inc., Physik Instrumente (PI), and Cedrat Technologies, OME Technology Co. Ltd., Dynamic Structures and Materials LLC, SmarAct GmbH, OWIS GmbH, Mad City Labs Inc., Piezosystem Jena GmbH, and Other company detailed profile provided as per client requirement.
Nano Positioning Systems Industry Segmentation:
Nano Positioning Systems Industry, By Application:
Nano Positioning Systems Industry, By Product:
Nano Positioning Systems Industry, By Sensor Type
Nano Positioning Systems Industry, By Actuator Type
Nano Positioning Systems Industry Overview, By Region
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa