Nanomechanical Testing Market Scope
Nanomechanical testing has seen rapid development over the last decade with miniaturized test rigs and MEMS-based devices providing access to the mechanical properties and performance of materials from the micrometer down to the tenths of the nanometer length scale. Nanomechanical testing is a system of testing which is being dependent upon correct & accurate measurement of deflection & forces within the objects which are being tested. The major applicability of nanomechanical testing is in industrial manufacturing, materials, chemicals, and semiconductors.
According to AMA, the Global Nanomechanical Testing market is expected to see growth rate of 22.15%The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Nanomechanical Testing market throughout the predicted period.
Bruker Corporation (United States), Micro Materials Limited (United Kingdom), Alemnis GmbH (Switzerland), MTS Systems Corporation (MTS Systems) (United States), Quad Group, Inc. (Quad Group) (United States), Illinois Tool Works Inc. (United States), Nanoscience Instruments (Nanoscience) (United States), Biomomentum Inc. (Canada) and Micro Materials Limited (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Nanomechanics Inc. (United States) and Testometric Co. Ltd. (United Kingdom).
Segmentation Overview
The study have segmented the market of Global Nanomechanical Testing market by Type (Hardware and Services), by Application (Industrial Manufacturing, Life Sciences, Material Development and Semiconductor manufacturing) and Region with country level break-up.
On the basis of geography, the market of Nanomechanical Testing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Rapid Technological Advancement in Micro-Electro-Mechanical Systems
Market Growth Drivers:
Advances in Micro-Electro-Mechanical Systems (MEMS)Technology and Increasing Demand for Accurate and Quick Test Results
Challenges:
Lack of Awareness about Nanomechanical Testing & its Benefits related to Measurement in the Major Industries and Limitations of Scanning Electron Microscopes
Restraints:
Occurrence of Strain Hardening-Softening Oscillations While Testing Bulk Solids
Opportunities:
Evolution of Metamaterials and Adoption of New Technologies and Advancements in Organizations across Industries
Market Leaders and their Expansionary Development Strategies
In February 2018, Bruker announced the acquisition of IRM2, a developer of high-speed infrared (IR) imaging microscopes based on quantum cascade laser (QCL) technology. Innovative, fast QCL microscopy expands Bruker’s technology portfolio and market opportunities for infrared microscopy, with applications in biological tissue analysis and materials science, and future potential in tissue diagnostics.
In April 2017, Nanomechanics, Inc. launched a new nanoindentation product which is the world’s first isometric multi-dimensional commercial instrument for mechanical testing & tribology study.
Key Target Audience
Nanomechanical Testing Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.