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The nano positioning systems market size is projected to increase by USD 183.95 million, at a CAGR of 13.48% between 2023 and 2028. The growth rate of the market depends on several factors, including the wide application of nanotechnology, increasing focus on the miniaturization of electronic devices and a rise in a number of fabrication plants. Nano positioning systems are used for three-dimensional (3D) coordination measurement in the range of 0.98 in x 0.98 in x 0.19 in at a resolution of around 0.74 lb-ft. Such systems are integrated with a unique sensor arrangement, which offers Abbe error-free measurement of all three coordinate axes. They provide nanometric precision within a large range. Nano-positioning systems are used for the manipulation, measurement, positioning, and processing of objects. They are applied in sectors such as optics, automotive, and industrial.
The report includes a comprehensive outlook on the market offering forecasts for the industry segmented by Application , which comprises optics, automotive, industrial, and others. Additionally, it categorizes Type into capacitive sensor, piezoresistive sensor, and piezoelectric sensor and covers Region, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
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Wide application of nanotechnology is notably driving market growth. Nanotechnology is the process of influencing atoms to enhance their core properties and characteristics. Nanotechnology uses nanoscience to build an ecosystem. Multiple semiconductor components such as quantum dots (QDs), carbon nanotubes (CNTs), and other nanoparticles are manufactured using nanotechnology. Nano positioning systems such as piezoelectric actuators are used in portable communication devices such as smartphones to operate cameras and haptic feedback systems. Nano positioning systems are also integrated into healthcare devices and automotive components and used to develop advanced weapons.
In addition, the economic expansion will drive the growth of the market due to increasing industrial and consumer demand for products that use nanotechnology. Hence, the governments of several countries are making significant investments to advance nanotechnology. Therefore, the growing focus on nanotechnology will increase the demand for nano positioning systems, thereby will contribute to the growth of the market during the forecast period.
Growing focus on development of hybrid nano positioning systems is an emerging trend shaping the market growth. Traditional nano positioning systems, while highly accurate, often face challenges in terms of speed, adaptability, or versatility in diverse applications. Hybrid systems aim to overcome these limitations by integrating multiple positioning technologies, creating a synergy that combines the strengths of different approaches. Hybrid nano positioning systems typically involve the integration of traditional macro-positioning systems with advanced nano positioning techniques.
Further, electromagnetic actuators are known for their robustness and ability to handle larger loads, while piezoelectric elements offer sub-nanometer precision. The development of hybrid nano positioning systems is driven by the need for adaptable solutions in industries such as semiconductor manufacturing, biotechnology, and optics. Thus, the growing focus on the development of hybrid nano positioning systems is expected to drive the growth of the market during the forecast period.
The complexity associated with the use of nano positioning systems is a significant challenge hindering market growth. Nano positioning systems, designed to operate at the nanoscale with extremely high precision, demand specialized knowledge and expertise from users. The intricacy of configuring and operating nano positioning systems stems from the need to understand and manipulate minute movements with accuracy down to the nanometer level. One aspect contributing to the complexity of use is the intricate nature of the control algorithms and feedback mechanisms employed in these systems. Users must have a deep understanding of these algorithms to optimize the system's performance for specific applications. Fine-tuning parameters, such as feedback gains and control loop settings, require expertise to achieve the desired precision without compromising stability.
In addition, the complex nature of nano positioning systems introduces challenges related to troubleshooting and maintenance. Identifying and rectifying issues that may arise during operation requires a high level of technical proficiency. Regular calibration and maintenance are essential to uphold the system's accuracy, and the absence of skilled personnel can hinder the effective use of these systems. Thus, the complexity associated with the use of nano positioning systems can pose a major challenge to the growth of the market during the forecast period.
The market share growth by the optics segment will be significant during the forecast period. The demand for fiber optics is increasing across the world due to the growing number of data centers, rising Internet traffic, increasing disposable income of people, which allows them to adopt advanced technologies, and growing investments in mergers and acquisitions (M and A) by several large companies to develop fiber optics.
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The optics segment was the largest and was valued at USD 39.89 million in 2018. The commercialization of 5G will create a high volume of data, which will increase the need for data centers. The increasing need for data centers also drives the growth of the segment. For instance, in May 2022, NTT DATA Corporation unveiled a new data center campus in Maharashtra, India. The new data center can host 5,000 racks and support over 30 MW of IT load. Additionally, several large companies are making significant investments in fiber optics. For instance, in July 2022, Peninsula Fiber Network, LLC and 123NET, a provider of fiber internet, announced their partnership for the investment in fiber-optic networks in Michigan, the US. The M and A of small companies by large companies allow the large companies to improve their presence in the global market, which will drive the growth of the optics segment of the market during the forecast period.
A capacitive sensor is a type of sensor that measures changes in capacitance, which is the ability of a material to store electric charge. Capacitive sensors are widely used in nano positioning systems as they can detect very small changes in position, which is essential for precise positioning in nanometer-scale applications. In a nano positioning system, a capacitive sensor is typically used to measure the displacement of a moving object relative to a fixed reference point. Capacitive sensors offer exceptional resolution and accuracy, making them well-suited for applications that demand fine control and stability. Due to their high sensitivity, these systems are often employed in industries such as semiconductor manufacturing, microscopy, and nanotechnology research, where precise positioning and motion control are critical for achieving optimal results. Thus, the growing use of capacitive sensors will drive the growth of the market in focus on the capacitive sensor segment during the forecast period.
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North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio's analysts have provided extensive insight into the market forecast, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. North America is the largest contributor of revenue to the global nano positioning systems market. The market trends and analysis of the market in the region is driven by the increasing adoption of automation in the industrial, automotive, and healthcare sectors. Nanotechnology has gained popularity in these sectors due to the need for operational efficiency. The rapid adoption of the Internet of Nano Things (IoNT) in the healthcare sector is driven by the implementation of several initiatives by governments to reduce healthcare expenses and enable remote patient monitoring (RPM).
For instance, the Government of the US passed the Affordable Care Act (ACA) and the Health Information Technology for Economic and Clinical Health (HITECH) Act to encourage the adoption of advanced technologies such as telehealth, mobile health, and nanomedicine in healthcare. However, the presence of automobile manufacturers such as Ford, General Motors, and Chrysler in the US will increase the demand for nanopositioning systems in North America during the forecast period.
The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and trends strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Aerotech Inc. - The company offers nano positioning systems such as ANT130L Single Axis Linear Nanopositioning Stages, PRO165SL Mechanical Bearing Ball Screw Stage, and ANT130XY Two Axis XY Nanopositioning Stages.
Dynamic Structures and Materials LLC - The company offers nano positioning systems such as XRS1 2500 Piezo Shutter, I 20 Piezo Linear Motor Closed Loop X XY XZ XYZ, FPA 0200E S 1018, VF 90 Open Loop Piezo Amplifier, and XSA 0200C S 0718 150 SS.
CEDRAT TECHNOLOGIES SA - The company offers nano positioning systems such as APA stepping piezoelectric actuators, which provides linear motion and very high resolution 40 nm steps.
The Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
Nano Positioning Systems Market Scope |
|
Report Coverage |
Details |
Page number |
167 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 13.48% |
Market Growth 2024-2028 |
USD 183.95 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
13.32 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 37% |
Key countries |
US, China, France, UK, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Aerotech Inc., Allied Motion Technologies Inc., CEDRAT TECHNOLOGIES SA, Dynamic Structures and Materials LLC, Grayfield Optical Inc., Harbin Core Tomorrow Science and Technology Co. Ltd., ISP System, Mad City Labs Inc., MICRONIX USA, MKS Instruments Inc., Novanta Inc., OME Technology Co. Ltd., OWIS GmbH, Physik Instrumente GmbH and Co. KG, Piezosystem Jena GmbH, Prior Scientific Instruments Ltd., Pro Lite Technology Ltd., SmarAct GmbH, Thorlabs Inc., and WITTENSTEIN SE |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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