Nanomechanical Testing Market

Nanomechanical Testing Market worth $345 million by 2023

According to the new market research report on "Nanomechanical Testing Market by Offering (Hardware, Services), Application (Material Development, Life Sciences, Industrial Manufacturing, and Semiconductor Manufacturing), Instrument Type (SEM, TEM, & Dual-Beam), and Geography - Global Forecast to 2023", The global nanomechanical testing market is estimated 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.

Browse 23 market data Tables and 31 Figures spread through 98 Pages and in-depth TOC on "Nanomechanical Testing Market - Global Forecast to 2023"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/nanomechanical-testing-market-239461945.html

Hardware Segment to Account for Larger Size of Nanomechanical Testing Market, Based on Offering, By 2023

The market for hardware will continue to dominate the overall market for nanomechanical testing in the near future due to the increasing advancements by key players toward product innovation leading to the development of systems with higher accuracy. 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.

Nanomechanical Testing Market Expected to Grow at Higher CAGR From 2018 To 2023 Because of Advances in Micro-Electro-Mechanical Systems (MEMS) Technology

MEMS devices comprise complex materials having diverse physical dimensions with large variations in their properties. These dimensions could vary from nanoscale to microscale due to the microstructural differences, residual stress, and surface- or edge-driven effects. Additionally, mechanical and tribological properties of thin films and small structures are often strongly affected by the manner in which they have been processed earlier, such as the method of deposition and exposure to temperature, pressure, and etchant.

The current trend is to produce smaller, lighter, and more effective devices at a lower cost than ever before. In addition, the finished product is required to be operated at the very low power and assure reliable performance. Hence, the MEMS nanoindentation technique is used to perform the stiffness- and fracture-resistance characterization of the compliant MEMS structure.

APAC to Hold Largest Size of Test and Measurement Market By 2023

Based on geographical regions, the nanomechanical testing market has been segmented into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). North America is expected to account for the largest share of the overall nanomechanical testing market in 2018. North America is also expected to be the fastest-growing region during the forecast period from 2018 to 2023. On the other hand, the APAC region is expected to witness expedited growth 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 nanomechanical testing market growth in APAC.

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 the major players in the nanomechanical testing market.

Don’t miss out on business opportunities in Nanomechanical Testing Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
SE 6833
Published ON
Jan, 2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Nanomechanical Testing Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Marie Steelle

Senior Research analyst- MarketsandMarkets

Home