Dublin, Jan. 15, 2019 (GLOBE NEWSWIRE) -- The "Nanomechanical Testing Market by Offering (Hardware, Services), Application (Material Development, Life Sciences, Industrial Manufacturing, Semiconductor Manufacturing), Instrument Type (SEM, TEM, & Dual-Beam), Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
Nanomechanical testing market to grow at a higher CAGR during 2018-2023 The global nanomechanical testing market is expected to grow from USD 279 million in 2018 to USD 345 million by 2023, at a CAGR of 3.65% from 2018 to 2023.
The increasing demand for testing various materials to understand its properties on a nanoscale would increase the market for nanomechanical testing services for several applications, such as life sciences, industrial manufacturing, and material development. Hardware segment to capture larger size of the nanomechanical market, based on offering, by 2023 The rising demand for testing various materials to understand its properties on a nanoscale leads to the increasing adoption of nanomechanical testing services for various applications, such as life sciences, industrial manufacturing, and material development. The global market for nanomechanical testing will be dominated by the hardware segment due to increasing advancements by key players toward product innovation leading to the development of systems with higher accuracy. Advances in micro-electro-mechanical systems (MEMS) technology would enable growth of nanomechanical testing market at higher cagr from 2018 to 2023 Consumer electronics, industrial electronics, medical devices, gaming consoles, drones, and imaging are a few major applications of MEMS devices. Latest advancements in MEMS technology have led to the development of various new devices. Further, several MEMS devices can be integrated into a single module. However, these developments in MEMS technology have led to severe complexities in the design process, which further makes quantification and modification of mechanical properties extremely difficult. MEMS devices comprise complex materials having diverse physical dimensions with large variations in their properties. North America to be the fastest-growing region in the nanomechanical testing market The nanomechanical testing market in North America is estimated to grow at the highest CAGR during the forecast period due to the dynamic changes in the adoption of new technologies and advancements in organizations across industries, as well as increased use of connected devices. The life sciences industry in North America has a significant impact on its economy. It is the largest market for nanomechanical testing at present, and a similar trend is likely to continue in the coming years. The US is the most important market for material testing in the region. Bruker Corporation (US), Micro Materials Limited (UK), Alemnis GmbH (Switzerland), MTS Systems Corporation (US), Quad Group, Inc.(US), Illinois Tool Works Inc. (US), Nanoscience Instruments (US), Biomomentum Inc. (Canada), Micro Materials Limited (UK), Nanomechanics Inc. (US), and Testometric Co., Ltd. (UK) are a few major players in the nanomechanical testing market.
Key Topics Covered:
1 Introduction 1.1 Study Objectives 1.2 Definition 1.3 Study Scope 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2 Research Methodology 2.1 Research Data 2.2 Market Size Estimation 2.3 Market Breakdown and Data Triangulation 2.4 Assumptions 3 Executive Summary 4 Premium Insights 4.1 Attractive Market Opportunities in Nanomechanical Testing Market 4.2 Nanomechanical Testing Market, By Application 4.3 Snapshot of Nanomechanical Testing Market Based on Instrument Type and Region 4.4 Nanomechanical Testing Market, By Country & Region 5 Market Overview 5.1 Introduction 5.2 Value Chain Analysis 5.3 Market Dynamics 5.3.1 Drivers 5.3.1.1 Advances in Micro-Electro-Mechanical Systems (MEMS)Technology 5.3.1.2 Accurate and Quick Test Results Achieved By Nanomechanical Testing 5.3.1.3 Negligible Thermal Drift Offered By Nanomechanical Testing Instruments 5.3.2 Restraints 5.3.2.1 Occurrence of Strain Hardening-Softening Oscillations While Testing Bulk Solids 5.3.3 Opportunities 5.3.3.1 Evolution of Metamaterials 5.3.4 Challenges 5.3.4.1 Limitations of Scanning Electron Microscopes 6 Nanomechanical Testing Market, By Offering 6.1 Introduction 6.2 Hardware 6.2.1 Standalone and In-Situ Instruments are Used Extensively for Nanomechanical Testing 6.3 Services 6.3.1 Support, Maintenance, Repair, and Training Services are Offered By All Key Players in the Market 7 Nanomechanical Testing Market, By Instrument Type 7.1 Introduction 7.2 Transmission Electron Microscope (TEM) 7.2.1 Easy Integration of TEM Into Existing Testing Equipment Drives Market Growth 7.3 Scanning Electron Microscope (SEM) 7.3.1 High-Resolution Micrographs of Nanoscale Architecture is Possible With the Use of SEM 7.4 Dual-Beam (FIB/SEM) System 7.4.1 Manufacturing Based on High Technology Will Shape the Market for FIB/SEM Systems 7.5 Spectroscope 7.5.1 Extraction of 2d Spectra for Studying Mechanical Properties Made the Usage of Spectroscopes Possible 7.5.2 Raman Spectrometer 7.5.3 Fluorescence Spectrometer 7.5.4 Surface Acoustic Wave (SAW) Spectrometer 7.5.5 Others 8 Nanomechanical Testing Market, By Application 8.1 Introduction 8.2 Industrial Manufacturing 8.2.1 Process Metrology, Failure Analysis, and Product Quality Control in Industrial Manufacturing is Possible With the Use of Nanomechanical Testing 8.3 Life Sciences 8.3.1 Developments in Bioimplant Devices Generate New Market Opportunities for Nanomechanical Testing Equipment 8.4 Material Development 8.4.1 Nanomechanical Testing Instruments Enable Ease of Study of Material Science and Low-Dimensional Materials 8.5 SEMiconductor Manufacturing 8.5.1 Shrinking Sizes of Devices Along With Improved Performance Will Boost the Market for Nanomechanical Testing Equipment 9 Geographic Analysis 9.1 Introduction 9.2 North America 9.2.1 US 9.2.1.1 Increasing Demand for Nanomechanical Testing in Life Sciences and Material Development to Boost Market Growth in the Us 9.2.2 Canada 9.2.2.1 Growing Focus of Medical Device Manufacturers on R&D to Positively Impact the Nanomechanical Testing Market in Canada 9.2.3 Mexico 9.2.3.1 Increasing Investments in the Healthcare Sector in Mexico Would Create the Demand for Nanomechanical Testing 9.3 Europe 9.3.1 UK 9.3.1.1 Continuously Evolving Electronics Industry Across the UK Will Need Improved Nanomechanical Testing Equipment 9.3.2 Germany 9.3.2.1 Use of Nanomechanical Testing Equipment in Electronics and Life Sciences Will Drive Market Growth Across Germany 9.3.3 France 9.3.3.1 Investments in Life Sciences, Majorly on Drug Solutions and Biomedical Devices, Will Bring New Market Opportunities in France 9.3.4 Italy 9.3.4.1 Automotive Sector Will Drive the Market for Nanomechanical Testing in Italy 9.3.5 Rest of Europe 9.4 Asia Pacific 9.4.1 Japan 9.4.1.1 Advanced Manufacturing Capabilities of Japan Will Bring New Market Opportunities for Nanomechanical Testing 9.4.2 China 9.4.2.1 Availability of Low-Cost Labor and Presence of Several Leading Consumer Electronics Manufacturing Companies Will Create High Demand for Nanomechanical Testing in the Near Future 9.4.3 South Korea 9.4.3.1 Automotive and Semiconductor Markets Will Drive the Need for Nanomechanical Testing in South Korea 9.4.4 Taiwan 9.4.4.1 Government Initiatives in the Life Sciences Sector to Positively Impact the Nanomechanical Testing Market 10 Competitive Landscape 10.1 Introduction 10.2 Ranking Analysis of Key Players in Nanomechanical Testing Market 10.3 Competitive Scenario 10.3.1 Acquisitions 10.3.2 Product Launches 11 Company Profiles
- Alemnis GmbH
- Biomomentum Inc.
- Bruker
- Instron
- Micro Materials Limited
- MTS Systems Corporation
- Nanomechanics Inc.
- Nanoscience Instruments
- Quad Group Inc.
- Testometric
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