Global nano positioning systems market

10/01/2019

Market Research Reports Search Engine (MRRSE) has recently updated its report catalogue by adding a fresh study, titled: ‘Global Nano Positioning Systems Market Projected to reach a compound annual growth rate (CAGR) of 13.4% during the forecast period 2018-2025’. This business intelligence study encapsulates vital details about the current market, as well as its future status during the forecast period. The report also targets important facets such as market drivers, challenges, latest trends and opportunities associated with the growth of manufacturers in the global market for nano positioning systems. Along with these insights, the report provides readers with crucial information on the strategies implemented by leading companies to remain ahead in this competitive market.

Nano positioning and nano measuring machines are being used for the purpose of three-dimensional coordination measurement in the range of 25 mm × 25 mm × 5 mm and have a resolution of around 0.1 nm. They feature a unique sensor arrangement, which provides Abbe error-free measurement on all of the three coordinate axes. For the length measurement, the measurement axes of the three miniature plane mirror interferometers intersect virtually with a contact point of a probe sensor measuring an object at a single point.

Nano positioning has major applications in the positioning, manipulation, measurement and processing of objects in the fields of microelectronics, micromechanics, molecular biology, optics and microsystem engineering with nanometric precision within the large range. Thus, the rise in demand for active vibration damping, structural health monitoring, micro thrusters and rotary positioning in the aerospace industry is expected to create growth opportunities for nano positioning system manufacturers during the forecast period. The nano positioning systems market is expected to expand steadily over this period. Technological advancement in the optoelectronics and microscopy segment, as well as higher adoption of piezo, is fuelling the growth of the nano positioning systems market.

The market is segmented into the following four sensor types: capacitive; piezoresistive; piezoelectric; and others. Piezoelectric sensors held the largest market share in terms of sensor type, followed by piezoresistive and capacitive sensors. Piezoelectric sensors depend on the piezoelectric effect, which is required to measure a plethora of different parameters, such as strain, pressure and force, by converting them into voltages. Piezoelectric sensors mostly operate purely as a sensor and not in reverse mode, by applying a voltage to generate the effect.

The growing demand for piezoelectric sensors and piezoelectric actuators in optics and aerospace is driving the market. Piezoelectric sensors are a type of electromechanical component, which exhibit close to zero deflection. As a result of this, they are used to respond across a high-frequency bandwidth and exhibit consistent linearity over the wide amplitude ranges.

The growing adoption of piezoelectric and piezoresistive sensors in advanced positioning systems and advanced force microscopy is expected to drive the market during the forecast period. Based on actuator type, the market is divided into the following five segments: MEMS-based electrostatic; magnetostrictive; electromagnetic; piezo; and others.

By application, the market is divided into the following six segments: optics and photonics; research and development (R&D); microscopy; advanced positioning systems; aerospace; and others. Geographically, the nano positioning systems market is categorised into North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa. The market for nano positioning systems is provided (US dollars) in terms of revenue and the CAGR for the forecast period of 2018 to 2025.

The key players in the nano positioning systems market are competitively profiled across the five broad geographical regions. This competitive landscape is inclusive of the various business strategies adopted by these major players and their recent developments in the field of nano positioning. Furthermore, the report includes the market attractiveness analysis of different deployments of nano positioning and insights into the major application areas of the nano positioning systems.

The report also provides an assessment of different drivers that are impacting the global market, along with the restraints and opportunities that have also been covered under the scope of this report. For each segment (such as sensor type, actuator type and applications), an analysis of market dynamics is provided. All of these factors help in determining different trends that have been impacting the overall market growth. Moreover, after taking into consideration all of these factors, an extensive analysis of the regional growth parameters of the nano positioning systems market is provided in the report, along with the overall assessment for the forecast period of 2018-2025.