Nanomechanical Testing Market
Nanomechanical Testing Market Forecasts to 2028 - Global Analysis By Instrument Type (Spectroscopes, Scanning Electron Microscopes, Transmission Electron Microscopes, Dual Beam (FIB/SEM) Systems), Offering (Services, Hardware), Application (Semiconductor Manufacturing, Life Sciences, Industrial Manufacturing, Material Development), and Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $333 BN |
|
Projected Year Value (2028) |
US $463 BN |
|
CAGR (2022 - 2028) |
5.65% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Nano Mechanical Testing Market is accounted for $333 billion in 2022 and is expected to reach $463 billion by 2028 growing at a CAGR of 5.65% during the forecast period. A testing method known as nano mechanical testing depends on precise measurement of the forces and deflections present in the test objects. The standard procedure for nano-mechanical testing entails scanning electron microscopy sample observation, force measurement, micro assembly in the nanonewton to millinewton range, as well as deflection measurement. Nano mechanical testing has several important uses, including in the development of new materials, coatings, semiconductor production, and industrial manufacturing.
Market Dynamics:
Driver:
Intensifying R&D in Structure Modification
Construction, semiconductor manufacturing, and electronics are only a few of the sectors where controlling the structure of traditional materials during their alteration to create relevant and desired performance results is slowly gaining traction. The desire for thinner, more flexible, more smaller nanomaterials, together with the complexity of microstructures, have increased the need for effective classification algorithms to assess the effects of alterations on the structure's overall mechanical properties. The expansion of the nanomechanical testing market is anticipated to be supported by accelerating material technology research and investment.
Restraint:
Lack of skilled professionals
Advanced technologies including nano-identification, nano-impact, nano-scratch, and nano-tribological are used in nanomechanical testing. Expert professionals and a significant financial expenditure are needed for this testing process. Over the projection period, high costs involved and a shortage of experienced personnel may sometimes constrain business expansion.
Opportunity:
High-Temperature Nanomaterial Testing
Since nanotechnology is a relatively recent area of interest for a variety of sectors, it is important to examine the mechanical characteristics of nanomaterials in severe environments to make sure they provide efficient performance in real-world circumstances. As a result of the growing need for nanocoatings in high-temperature applications such the manufacture of aerospace engine component parts, nuclear reactor cladding, and high-speed machining, testing of nanomaterials under high temperature is increasingly gaining popularity. The effectiveness of these cutting-edge materials must be determined by an efficient examination of the mechanical characteristics of nanoparticles at high temperatures.
Threat:
Environmental Safety and Human Health Concerns
A growing concentration of nanomaterials is entering the environment as well as the human body as a result of a rapid increase in the consumption of nanomaterial in a variety of sectors. A factor that may lead to an ecosystem imbalance is the growing quantity of nanomaterial in the environment, which has been shown to negatively affect small fish, algae, bacteria, and other crustaceans. Concerns regarding the material's expanding use in businesses are further heightened by the dearth of efficient methods for determining and assessing the negative effects of nanoparticles on both the environment and human health. These factors are anticipated to slow the growth of the nanomechanical testing market as governments all over the world are increasingly considering enacting strict regulations on the creation and disposal of nanostructures.
Covid-19 Impact
The global economy could be impacted by COVID-19 in three distinct ways: directly through production and demand, secondarily through supply chains and marketplaces, and financially through its effects on businesses and financial markets.
The hardware segment is expected to be the largest during the forecast period
The hardware segment is estimated to have a lucrative growth, due to growing investment by various private and governmental organisations toward product development leading to the enhanced nanomechanical testing system with higher precision. Additionally, nanomechanical testing is being used to evaluate and improve MEMS devices in order to gauge their effectiveness, dependability, and performance. This has increased the need for hardware for testing nanomechanical systems.
The semiconductor manufacturing segment is expected to have the highest CAGR during the forecast period
The semiconductor manufacturing segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the growing demand for downsizing of semiconductor devices. Furthermore, due to their unique thermal, optical, electrical, and catalytic capabilities, low-dimensional materials, such as one-dimensional and two-dimensional nanomaterials, have found extensive use in numerous industry verticals.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to growing use of devices connected and the adoption of innovative technology. Additionally, the need for nanomechanical testing equipment is raising as a result of the quick development of technologies across numerous industry sectors. The need for nanomechanical testing is anticipated to raise due to increased investment by major regional businesses as a result of regional business expansion efforts.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the increasing demand for nanomechanical testing for various R&D activities. Additionally, the market share of nanomechanical testing tends to be driven by the existence of numerous significant players throughout the region. To increase their market share globally, the businesses are utilising a variety of techniques, including partnerships, geographic growth, and mergers and acquisitions.
Key players in the market
Some of the key players profiled in the Nanomechanical Testing Market include Testometric Co., Ltd., Nanomechanics Inc., Micro Materials Limited, Biomomentum Inc., Nanoscience Instruments, Illinois Tool Works Inc., Quad Group, Inc., Alemnis GmbH, Micro Materials Limited, Bruker Corporation, Hysitron, Femtools, Harper International, Eden Instruments and MTS Systems Corporation.
Key Developments:
In October 2020, Bruker launched an advanced in-situ nanomechanical test instrument, Hysitron PI 89 SEM PicoIndenter. It aids in analysis in deformation processes of high-strength materials.
In February 2018, Bruker Corp. has acquired IRM2, a developer of high-speed infrared (IR) imaging microscopes based on quantum cascade laser (QCL) technology. The acquisition facilitated the company to expand its product portfolio and increase the market opportunities for IR microscopy, with applications in biological tissue analysis and materials science, and future potential in tissue diagnostics.
Instrument Types Covered:
• Spectroscopes
• Scanning Electron Microscopes
• Transmission Electron Microscopes
• Dual Beam (FIB/SEM) Systems
• Other Instrument Types
Offerings Covered:
• Services
• Hardware
Applications Covered:
• Semiconductor Manufacturing
• Life Sciences
• Industrial Manufacturing
• Material Development
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Nanomechanical Testing Market, By Instrument Type
5.1 Introduction
5.2 Spectroscopes
5.3 Scanning Electron Microscopes
5.4 Transmission Electron Microscopes
5.5 Dual Beam (FIB/SEM) Systems
5.6 Other Instrument Types
6 Global Nanomechanical Testing Market, By Offering
6.1 Introduction
6.2 Services
6.3 Hardware
7 Global Nanomechanical Testing Market, By Application
7.1 Introduction
7.2 Semiconductor Manufacturing
7.3 Life Sciences
7.4 Industrial Manufacturing
7.5 Material Development
7.6 Other Applications
8 Global Nanomechanical Testing Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Testometric Co., Ltd.
10.2 Nanomechanics Inc.
10.3 Micro Materials Limited
10.4 Biomomentum Inc.
10.5 Nanoscience Instruments
10.6 Illinois Tool Works Inc.
10.7 Quad Group, Inc.
10.8 MTS Systems Corporation
10.9 Alemnis GmbH
10.10 Bruker Corporation
10.11 Hysitron
10.12 Femtools
10.13 Harper International
10.14 Eden Instruments
List of Tables
1 Global Nanomechanical Testing Market Outlook, By Region (2020-2028) ($MN)
2 Global Nanomechanical Testing Market Outlook, By Instrument Type (2020-2028) ($MN)
3 Global Nanomechanical Testing Market Outlook, By Spectroscopes (2020-2028) ($MN)
4 Global Nanomechanical Testing Market Outlook, By Scanning Electron Microscopes (2020-2028) ($MN)
5 Global Nanomechanical Testing Market Outlook, By Transmission Electron Microscopes (2020-2028) ($MN)
6 Global Nanomechanical Testing Market Outlook, By Dual Beam (FIB/SEM) Systems (2020-2028) ($MN)
7 Global Nanomechanical Testing Market Outlook, By Other Instrument Types (2020-2028) ($MN)
8 Global Nanomechanical Testing Market Outlook, By Offering (2020-2028) ($MN)
9 Global Nanomechanical Testing Market Outlook, By Services (2020-2028) ($MN)
10 Global Nanomechanical Testing Market Outlook, By Hardware (2020-2028) ($MN)
11 Global Nanomechanical Testing Market Outlook, By Application (2020-2028) ($MN)
12 Global Nanomechanical Testing Market Outlook, By Semiconductor Manufacturing (2020-2028) ($MN)
13 Global Nanomechanical Testing Market Outlook, By Life Sciences (2020-2028) ($MN)
14 Global Nanomechanical Testing Market Outlook, By Industrial Manufacturing (2020-2028) ($MN)
15 Global Nanomechanical Testing Market Outlook, By Material Development (2020-2028) ($MN)
16 Global Nanomechanical Testing Market Outlook, By Other Applications (2020-2028) ($MN)
17 North America Nanomechanical Testing Market Outlook, By Country (2020-2028) ($MN)
18 North America Nanomechanical Testing Market Outlook, By Instrument Type (2020-2028) ($MN)
19 North America Nanomechanical Testing Market Outlook, By Spectroscopes (2020-2028) ($MN)
20 North America Nanomechanical Testing Market Outlook, By Scanning Electron Microscopes (2020-2028) ($MN)
21 North America Nanomechanical Testing Market Outlook, By Transmission Electron Microscopes (2020-2028) ($MN)
22 North America Nanomechanical Testing Market Outlook, By Dual Beam (FIB/SEM) Systems (2020-2028) ($MN)
23 North America Nanomechanical Testing Market Outlook, By Other Instrument Types (2020-2028) ($MN)
24 North America Nanomechanical Testing Market Outlook, By Offering (2020-2028) ($MN)
25 North America Nanomechanical Testing Market Outlook, By Services (2020-2028) ($MN)
26 North America Nanomechanical Testing Market Outlook, By Hardware (2020-2028) ($MN)
27 North America Nanomechanical Testing Market Outlook, By Application (2020-2028) ($MN)
28 North America Nanomechanical Testing Market Outlook, By Semiconductor Manufacturing (2020-2028) ($MN)
29 North America Nanomechanical Testing Market Outlook, By Life Sciences (2020-2028) ($MN)
30 North America Nanomechanical Testing Market Outlook, By Industrial Manufacturing (2020-2028) ($MN)
31 North America Nanomechanical Testing Market Outlook, By Material Development (2020-2028) ($MN)
32 North America Nanomechanical Testing Market Outlook, By Other Applications (2020-2028) ($MN)
33 Europe Nanomechanical Testing Market Outlook, By Country (2020-2028) ($MN)
34 Europe Nanomechanical Testing Market Outlook, By Instrument Type (2020-2028) ($MN)
35 Europe Nanomechanical Testing Market Outlook, By Spectroscopes (2020-2028) ($MN)
36 Europe Nanomechanical Testing Market Outlook, By Scanning Electron Microscopes (2020-2028) ($MN)
37 Europe Nanomechanical Testing Market Outlook, By Transmission Electron Microscopes (2020-2028) ($MN)
38 Europe Nanomechanical Testing Market Outlook, By Dual Beam (FIB/SEM) Systems (2020-2028) ($MN)
39 Europe Nanomechanical Testing Market Outlook, By Other Instrument Types (2020-2028) ($MN)
40 Europe Nanomechanical Testing Market Outlook, By Offering (2020-2028) ($MN)
41 Europe Nanomechanical Testing Market Outlook, By Services (2020-2028) ($MN)
42 Europe Nanomechanical Testing Market Outlook, By Hardware (2020-2028) ($MN)
43 Europe Nanomechanical Testing Market Outlook, By Application (2020-2028) ($MN)
44 Europe Nanomechanical Testing Market Outlook, By Semiconductor Manufacturing (2020-2028) ($MN)
45 Europe Nanomechanical Testing Market Outlook, By Life Sciences (2020-2028) ($MN)
46 Europe Nanomechanical Testing Market Outlook, By Industrial Manufacturing (2020-2028) ($MN)
47 Europe Nanomechanical Testing Market Outlook, By Material Development (2020-2028) ($MN)
48 Europe Nanomechanical Testing Market Outlook, By Other Applications (2020-2028) ($MN)
49 Asia Pacific Nanomechanical Testing Market Outlook, By Country (2020-2028) ($MN)
50 Asia Pacific Nanomechanical Testing Market Outlook, By Instrument Type (2020-2028) ($MN)
51 Asia Pacific Nanomechanical Testing Market Outlook, By Spectroscopes (2020-2028) ($MN)
52 Asia Pacific Nanomechanical Testing Market Outlook, By Scanning Electron Microscopes (2020-2028) ($MN)
53 Asia Pacific Nanomechanical Testing Market Outlook, By Transmission Electron Microscopes (2020-2028) ($MN)
54 Asia Pacific Nanomechanical Testing Market Outlook, By Dual Beam (FIB/SEM) Systems (2020-2028) ($MN)
55 Asia Pacific Nanomechanical Testing Market Outlook, By Other Instrument Types (2020-2028) ($MN)
56 Asia Pacific Nanomechanical Testing Market Outlook, By Offering (2020-2028) ($MN)
57 Asia Pacific Nanomechanical Testing Market Outlook, By Services (2020-2028) ($MN)
58 Asia Pacific Nanomechanical Testing Market Outlook, By Hardware (2020-2028) ($MN)
59 Asia Pacific Nanomechanical Testing Market Outlook, By Application (2020-2028) ($MN)
60 Asia Pacific Nanomechanical Testing Market Outlook, By Semiconductor Manufacturing (2020-2028) ($MN)
61 Asia Pacific Nanomechanical Testing Market Outlook, By Life Sciences (2020-2028) ($MN)
62 Asia Pacific Nanomechanical Testing Market Outlook, By Industrial Manufacturing (2020-2028) ($MN)
63 Asia Pacific Nanomechanical Testing Market Outlook, By Material Development (2020-2028) ($MN)
64 Asia Pacific Nanomechanical Testing Market Outlook, By Other Applications (2020-2028) ($MN)
65 South America Nanomechanical Testing Market Outlook, By Country (2020-2028) ($MN)
66 South America Nanomechanical Testing Market Outlook, By Instrument Type (2020-2028) ($MN)
67 South America Nanomechanical Testing Market Outlook, By Spectroscopes (2020-2028) ($MN)
68 South America Nanomechanical Testing Market Outlook, By Scanning Electron Microscopes (2020-2028) ($MN)
69 South America Nanomechanical Testing Market Outlook, By Transmission Electron Microscopes (2020-2028) ($MN)
70 South America Nanomechanical Testing Market Outlook, By Dual Beam (FIB/SEM) Systems (2020-2028) ($MN)
71 South America Nanomechanical Testing Market Outlook, By Other Instrument Types (2020-2028) ($MN)
72 South America Nanomechanical Testing Market Outlook, By Offering (2020-2028) ($MN)
73 South America Nanomechanical Testing Market Outlook, By Services (2020-2028) ($MN)
74 South America Nanomechanical Testing Market Outlook, By Hardware (2020-2028) ($MN)
75 South America Nanomechanical Testing Market Outlook, By Application (2020-2028) ($MN)
76 South America Nanomechanical Testing Market Outlook, By Semiconductor Manufacturing (2020-2028) ($MN)
77 South America Nanomechanical Testing Market Outlook, By Life Sciences (2020-2028) ($MN)
78 South America Nanomechanical Testing Market Outlook, By Industrial Manufacturing (2020-2028) ($MN)
79 South America Nanomechanical Testing Market Outlook, By Material Development (2020-2028) ($MN)
80 South America Nanomechanical Testing Market Outlook, By Other Applications (2020-2028) ($MN)
81 Middle East & Africa Nanomechanical Testing Market Outlook, By Country (2020-2028) ($MN)
82 Middle East & Africa Nanomechanical Testing Market Outlook, By Instrument Type (2020-2028) ($MN)
83 Middle East & Africa Nanomechanical Testing Market Outlook, By Spectroscopes (2020-2028) ($MN)
84 Middle East & Africa Nanomechanical Testing Market Outlook, By Scanning Electron Microscopes (2020-2028) ($MN)
85 Middle East & Africa Nanomechanical Testing Market Outlook, By Transmission Electron Microscopes (2020-2028) ($MN)
86 Middle East & Africa Nanomechanical Testing Market Outlook, By Dual Beam (FIB/SEM) Systems (2020-2028) ($MN)
87 Middle East & Africa Nanomechanical Testing Market Outlook, By Other Instrument Types (2020-2028) ($MN)
88 Middle East & Africa Nanomechanical Testing Market Outlook, By Offering (2020-2028) ($MN)
89 Middle East & Africa Nanomechanical Testing Market Outlook, By Services (2020-2028) ($MN)
90 Middle East & Africa Nanomechanical Testing Market Outlook, By Hardware (2020-2028) ($MN)
91 Middle East & Africa Nanomechanical Testing Market Outlook, By Application (2020-2028) ($MN)
92 Middle East & Africa Nanomechanical Testing Market Outlook, By Semiconductor Manufacturing (2020-2028) ($MN)
93 Middle East & Africa Nanomechanical Testing Market Outlook, By Life Sciences (2020-2028) ($MN)
94 Middle East & Africa Nanomechanical Testing Market Outlook, By Industrial Manufacturing (2020-2028) ($MN)
95 Middle East & Africa Nanomechanical Testing Market Outlook, By Material Development (2020-2028) ($MN)
96 Middle East & Africa Nanomechanical Testing Market Outlook, By Other Applications (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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