The Global Nanomechanical Testing Market is valued at USD 305.4 Million in 2020 and is expected to reach USD 396 Million grow with th CAGR of 3.8% during the forecast period 2020 - 2027. The global nano-mechanical testing market is gaining traction, owing to the enormous demand for testing several materials to understand their properties on a nanoscale level.
Nanomechanical testing system relies on precise measurement of the deflections and forces in the testing objects. This testing method requires keen sample observation through scanning electron microscope, micro assembly of ranges starting from nanonewtons to millinewtons, and force and deflection measurement. Nanomechanical testing is an innovative testing technology and are highly applicable in industrial manufacturing, advancement of materials, and coatings and semiconductor industries.
Nanomechanical testing system uses scanning probe microscopy, ion beam, electron microscopy, and Raman spectroscopy. There are several techniques used in nanomechanical testing such as nano-impact, nano-identification, nano-tribological, and nano-scratch.
Increasing demand for nanomechanical testing services in various applications such as material development and life sciences, and rising demand for accurate product development are the major factors believed to be driving the global nanomechanical testing market. Apart from these, growing advances in micro-electro-mechanical systems (MEMS) technology is also enabling growth in the global nanomechanical testing market. This is because of the huge application areas of MEMS devices.
Furthermore, MEMS devices are widely used in industrial electronics, gaming consoles, consumer electronics, and medical devices. Developments in MEMS technology leads to various complexities mainly in the designing process. Such complexities make modification and qualification of mechanical properties immensely difficult.
However, to eliminate complexities in the MEMS devices through accurately organizing diverse physical dimensions and large variations of properties, nanomechanical testing system is required. Such factor is also expected to fuel the growth in the global nanomechanical testing mark Apart from these, a trend in producing lighter, smaller, and more effective devices at reduced cost is also expected to propel the demand in the global nanomechanical testing market.
Bruker Corporation (US), Micro Materials Limited (UK), Alemnis GmbH (Switzerland), MTS Systems Corporation (MTS Systems) (US), Quad Group, Inc. (Quad Group) (US), Illinois Tool Works Inc. (US), Nanoscience Instruments (Nanoscience) (US), Biomomentum Inc. (Canada), Micro Materials Limited (UK), Nanomechanics Inc. (US) and Testometric Co. Ltd. (UK) are the major players in the nanomechanical testing market.
North America is expected to account for the largest size of the overall market in 2027. North America is also expected to be the fastest-growing region during the forecast period. The rapid industrialization and high demand for nanomechanical testing instruments for several R&D activities performed by many engineering institutions in this region propel the market growth in North America. However, the market in APAC for nanomechanical testing is estimated to grow at an expedited 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. This region has become a global focal point for major investments and business expansion opportunities. The market in Asia Pacific is expected to show significant growth in all sectors.
Nanomechanical testing system relies on precise measurement of the deflections and forces in the testing objects. This testing method requires keen sample observation through scanning electron microscope, micro assembly of ranges starting from nanonewtons to millinewtons, and force and deflection measurement. Nanomechanical testing is an innovative testing technology and are highly applicable in industrial manufacturing, advancement of materials, and coatings and semiconductor industries.
Nanomechanical testing system uses scanning probe microscopy, ion beam, electron microscopy, and Raman spectroscopy. There are several techniques used in nanomechanical testing such as nano-impact, nano-identification, nano-tribological, and nano-scratch.
Increasing demand for nanomechanical testing services in various applications such as material development and life sciences, and rising demand for accurate product development are the major factors believed to be driving the global nanomechanical testing market. Apart from these, growing advances in micro-electro-mechanical systems (MEMS) technology is also enabling growth in the global nanomechanical testing market. This is because of the huge application areas of MEMS devices.
Furthermore, MEMS devices are widely used in industrial electronics, gaming consoles, consumer electronics, and medical devices. Developments in MEMS technology leads to various complexities mainly in the designing process. Such complexities make modification and qualification of mechanical properties immensely difficult.
However, to eliminate complexities in the MEMS devices through accurately organizing diverse physical dimensions and large variations of properties, nanomechanical testing system is required. Such factor is also expected to fuel the growth in the global nanomechanical testing mark Apart from these, a trend in producing lighter, smaller, and more effective devices at reduced cost is also expected to propel the demand in the global nanomechanical testing market.
Bruker Corporation (US), Micro Materials Limited (UK), Alemnis GmbH (Switzerland), MTS Systems Corporation (MTS Systems) (US), Quad Group, Inc. (Quad Group) (US), Illinois Tool Works Inc. (US), Nanoscience Instruments (Nanoscience) (US), Biomomentum Inc. (Canada), Micro Materials Limited (UK), Nanomechanics Inc. (US) and Testometric Co. Ltd. (UK) are the major players in the nanomechanical testing market.
North America is expected to account for the largest size of the overall market in 2027. North America is also expected to be the fastest-growing region during the forecast period. The rapid industrialization and high demand for nanomechanical testing instruments for several R&D activities performed by many engineering institutions in this region propel the market growth in North America. However, the market in APAC for nanomechanical testing is estimated to grow at an expedited 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. This region has become a global focal point for major investments and business expansion opportunities. The market in Asia Pacific is expected to show significant growth in all sectors.
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