Global Nano Positioning Systems Market: Snapshot
In a fairly consolidated global nano positioning systems market, the top four players account for almost 75% share in the market. Product development and diversification are key tools that most players have been resorting to in order to further their market share.
Boosting the market for nano positioning systems is the surging demand for MEMS depending upon capacitive sensors in consumer electronics and wearables market, 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 market, 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 market.
A report by Transparency Market Research forecasts the global market for nano positioning systems to expand at a robust 13.4% CAGR from 2017 to 2025 to become worth US$264.1 mn in 2025 from US$85.4 mn in 2016.
Piezo Actuators Dominate Market Owing to Their Ability to Speed Application
The global nano positioning systems market can be segmented by the type of actuator into MEMS-based electrostatic, Magneto-strictive, Electromagnetic, and Piezo Actuator, among others, including hydraulic and pneumatic actuators. Among them, the segment of Piezo actuators held the dominant market share of 37.15% in 2016 and will likely retain its leading position going forward too by expanding at a CAGR of 13.8% from 2017 to 2025. At this rate, the market for Piezo Actuator, which was worth US$31.7 mn will likely attain a value of US$101 mn by 2025. The mechanical integration of Piezo actuator speeds up their application.
In terms of market share, the electromagnetic actuators trails the Piezo actuators. In 2016, electromagnetic actuators accounted for a share of 22.19% and going forward, the segment is expected to increase that share marginally owing to their rising uptake in the aerospace and optics industry.
Demand for Ceramic Technology for Miniaturization Propels Europe Market
Geography-wise, the key segments of the global nano positioning systems market are Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. Europe, among them, dominates with most of the market share. In 2016, that leading market share stood at 33.77%. Rising at a CAGR of 13.7% from 2017 to 2025, it is expected to grow its leading share marginally. Helping the market 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 market vis-à-vis market share. In 2016, North America accounted for 33.77% of the share in the market due to the pressing need for achieving higher speeds in defense nanotechnics and aerospace industry. The market for nano positioning system in North America was worth US$28.8 mn in 2016.
In terms of growth rate, however, Asia Pacific is expected to surpass all other regions, by clocking about 14.0% CAGR between 2017 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.
Physik Instrumente (PI), Aerotech, Inc., Prior Scientific Instruments, and Cedrat Technologies are to name a few of the dominant players in the market
Global Nano Positioning Systems Market: Overview
Nanopositioning and the nano measuring machines are being used for the purpose of three-dimensional coordination measurement in a range of (25 mm x 25 mm x 5 mm) having a resolution around 0.1 nm. It has got unique sensor arrangement which provides Abbe error-free measurement on all of the three coordinate axes. Measurement axes of the 3 miniature plane mirror interferometer for the length measurement intersect virtually with a contact point of a probe sensor having measuring object at a single point.
Global Nano Positioning Systems Market: Drivers and Restraints
Nano positioning has got major applications in positioning, manipulation, measurement and processing of the objects in the field of microelectronics, micromechanics, molecular biology, optics and microsystem engineering with the nanometric precision within the large range. Thus, the rise in demand for active vibration damping, structural health monitoring, micro thrusters and rotary positioning in 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 the forecast period. With technological advancement in optoelectronics and microscopy segment with higher adoption of piezos are fueling the growth of the nano positioning systems market.
Global Nano Positioning Systems Market: Segmentation
Based on sensor type, the market has been segmented into four types which include capacitive, piezoresistive, piezoelectric and others. Piezoelectric sensor held the largest market share in terms of sensor type, followed by piezoresistive and capacitive sensor .Piezoelectric sensors depends on piezoelectric effect which is required to measure the plethora of different parameters like strain, pressure and force by, converting them into voltages. But piezoelectric sensor mostly operates purely as sensor and not in reverse mode, by applying voltage to generate the effect.
The growing demand of piezo sensors and piezo actuators in optics and aerospace is actually driving the market. Piezoelectric sensors are a kind of electromechanical component which exhibits close to zero deflection. Resulting to that, they used to respond across a high-frequency bandwidth and exhibits consistent linearity over the wide amplitude ranges.
The growing adoption of piezoelectric sensors and piezoresistive sensor in advance positioning system and advanced force microscopy is expected to drive the market in the forecasted period. Based on actuator type, the market is segmented into five segments which include mems-based electrostatic, magneto- strictive, electromagnetic, piezo and others.
By application the market has been segmented into six segments which includes optics & photonics, R&D, microscopy, advance positioning system, aerospace and others Geographically, the nano positioning systems market is categorized into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The market for Nano Positioning Systems has been provided in (USD million) in terms of revenue and the CAGR for the forecast period of 2017 to 2025.
Global Nano Positioning Systems Market: Competitive Landscape
The key players in the nano positioning systems market have been competitively profiled across the five broad geographic regions. This competitive landscape is inclusive of the various business strategies adopted by these major players and their recent developments in the field of Nanopositioning. Further, the report includes the market attractiveness analysis of different deployment of nano positioning and insight into the major application area of the nano positioning system.
The report also provides assessment of different drivers that is impacting the global market, along with the restraints and opportunities that has also been covered under the scope of this report. For each segment (such as sensor type, actuator type, applications), market dynamics analysis has been provided. All these factors help in determining different trends that has been impacting the overall market growth. Moreover, after taking into consideration all this factors, an extensive analysis of the region wise growth parameters of Nano Positioning Systems market along with the overall assessment for the forecast period of 2017-2025 has also been provided within this report.
Some of the leading players who are operating in the market are like Physik Instrumente (PI) GmbH & Co.(Germany), , Prior Scientific Instruments (U.K.), Aerotech Inc. (The U.S.),Cedrat Technologies (France), OME Technology Co. Ltd. (Taiwan), Dynamic Structures and Materials, LLC (The U.S.), SmarAct GmbH (Germany), OWIS GmbH (Germany) and Mad City Labs, Inc. (The U.S.) among others.
The Nano Positioning Systems market has been segmented as follows:
Global Nano Positioning Systems Market, by Sensor Type
- Capacitive Sensor
- Piezoresistive Sensor
- Piezoelectric Sensor
Global Nano Positioning Systems Market, by Actuator Type
- MEMS-based electrostatic Actuator
- Magneto- Strictive Actuator
- Electromagnetic Actuator
- Piezo Actuator
Nano Positioning Systems Market by Application
- Optics & Photonics
- Advance Positioning System
Global Nano Positioning Systems Market, by Region
- North America
- The U.S
- Rest of Europe
- Asia Pacific
- Rest of APAC
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of Latin America