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Nano Positioning System Market size is poised to grow notably during the period 2021 to 2027 due to the growing adoption of piezoelectric actuators across the aerospace sector. The significant strides in the global electronics manufacturing arena have paved the path for increasing penetration of MEMS and capacitive sensors in wearables and consumer electronics.
Nanopositioning systems are devices that can move a sample or specimen on the sub-nanometer or nanometer scale. Given their high throughput data acquisition & resolution, speed, and accuracy, they find wide usage in microscopy, optics, semiconductor manufacturing, and photonics packaging.
Higher application scope in advanced positioning systems, and optics & photonics microscopy will act as a booster to the product demand spurt. Factors, such as lack of flow of design as well as manufacturing information in mechatronic systems, hysteresis loss, and backlash may negatively impact the market performance to some extent.
On the basis of the type of actuator, the nano positioning system market share from the piezo actuators segment will expand with increasing acceptance to operate with long-term stability in ultra-high vacuum. Apart from offering maximum mechanical integration, these devices can attain high levels of precision. Benefits, like vacuum and clean room compatibility, high force generation, unlimited & position resolution, reduced wear & tear, rapid response, and lowered energy consumption will add positive impetus to the market progression.
With regards to application, the market size from the research and development sector will grow with the rising number of activities to assist manufacturers in exploring the novel insights, while bringing tweaks in the systems to add more features. Nano positioning systems are employed in nanoindentation wherein precision positioning and scanning hold paramount importance. Increasing usage by national labs and academic institutions for precision positioning of samples in materials research studies is another prominent factor anchoring the market forecast.
Europe is set to emerge as a major revenue hub for nano positioning system market. This is on account of increasing demand for interferometry and precession lasers and rising number of research activities related to nano positioning in the region. The higher incursion of white light interferometry and precision laser machining techniques across different applications has led to amplified deployment of ceramic technology for miniaturization, likely to boost the regional expansion.
The nano positioning system market comprises the presence of leading participants, including Ten Angstroms, OWIS GmbH, Aerotech Inc., Cedrat Technologies, Dynamic Structures & Materials, LLC, OME Technology Co. Ltd., 3D Systems, Mad City Labs, and SmarAct GmbH.
These firms are focusing on targeted marketing ventures, such as partnerships, acquisitions, and investments, to extend their geographical presence. They are also working on technological advancements to strengthen their competitive stronghold.
For instance, in August 2019, Aerotech, Inc. joined forces with MICRONIX USA to provide the industrial and research space with complementary precision motion products. The collaboration helped both the companies to extend their easy-to-use and powerful nano positioning products across various industry applications.
The COVID-19 crisis not only ruptured the global economy but also brought unprecedented challenges to various industries worldwide. However, saw significant growth due to increasing adoption across healthcare settings for sample scanning, and cell tracking. The increasing popularity of Nano based Platforms and devices can also be ascribed to their effective role in the diagnosis and treatment of the virus. Rising deployment of nano technology and nanosensors to provide multiple roles in limiting infections will also add momentum to the market forecast.
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