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Nano Positioning System Market size will experience a dynamic growth between 2023 and 2032, 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.
Nano positioning systems are devices capable of moving a sample or specimen on the sub-nanometer or nanometer scale. Given their high throughput data acquisition & resolution, speed, and accuracy, they find extensive usage in microscopy, optics, semiconductor manufacturing, and photonics packaging. Moreover, higher application scope in advanced positioning systems and optics & photonics microscopy will support nano positioning system market growth.
However, several other factors, such as lack of flow of design and manufacturing information in mechatronic systems, hysteresis loss, and the backlash, may negatively impact the market performance to some extent. In addition, the Russian invasion of Ukraine and the following war crisis have bought several challenges for the nano positioning system industry, just as the sector was making a gradual recovery from the crippling effects of the COVID-19 pandemic.
The steep uptick in commodity prices and the subsequent supply chain vulnerabilities worsened the existing semiconductor shortage that has been continuing for the last two years. Besides, the halted industrial operations caused due to the sanctions imposed upon Russia may further hamper the market growth.
Based on the type of actuator, the nano positioning system market share from the piezo actuators segment will expand at a noticeable CAGR from 2023 to 2032 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, such as vacuum and clean room compatibility, high force generation, unlimited & position resolution, reduced wear & tear, rapid response, and lowered energy consumption, will further augment segmental gains.
With regard to application, the research and development segment is poised to garner lucrative revenues by 2032, attributed to the rising number of activities to assist manufacturers in exploring 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. The increasing product usage across several 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 the nano positioning system market by the end of 2032 on account of the burgeoning demand for interferometry and precession lasers and the increasing R&D efforts in the field of nano positioning in the region. Additionally, the rapid deployment of ceramic technology for miniaturization, pushed by the higher incursion of white light interferometry and precision laser machining techniques in varied applications, will further bolster regional revenues.
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 strategies, such as partnerships, acquisitions, and investments, to extend their geographical presence and strengthen their competitive foothold.
To cite an instance, in November 2022, 3D Systems teamed up with ALM to extend access to industry-leading 3D printing materials. Through the partnership, ALM aims to add DuraForm® PAx material by 3D System to its product range. This would help its customers gain access to a unique copolymer specially designed for usage with available SLS (Selective Laser Sintering) while allowing them to select the best material for their application.
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