The global nano positioning system market is expected to grow at a significant CAGR during the forecast period. The primary factor that drives the growth of the market includes the rising demands in the aerospace industry for structural health monitoring, micro thrusters, and rotary positioning. Technological developments in the optoelectronics and microscopy segment, as well as higher adoption of piezo, is also expected to upsurge the growth of the market.
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The key players operating in the global nano positioning system industry include Aerotech Inc., PhysikInstrumente (PI) GmbH & Co. KG, CEDRAT Technologies, Dynamic Structures and Materials LLC, Prior Scientific Instruments among others.New product launches and approvals, merger and acquisition, partnerships and collaborations, and many others are some of the growth strategies adopted by key market players in order to thrive in a competitive environment.
In September 2019, Aerotech enhanced and updated its motion controller and positioning system with its Automation 1 control platform and present it at SPS – Smart Production Solutions in Nuremberg.
· In October 2019, PhysikInstrumente (PI) GmbH & Co. KG launched the new series, L-505 series that provides precision and high load capacity on compact installation space.
· In April 2019, PhysikInstrumente (PI) GmbH & Co. KG launched a novel Nanopositioning Systems in Automation Technology witha digital Piezo controller named EtherCAT. It can be operated via motion controllers and can be integrated into the automation environment.
· In January 2019, Aerotech Inc. partnered with Micronix USA for the development of nano positioning systems for complex applications.
· In September 2016, Aerotech launched QNP2 Series XY Piezo Nanopositioning Stages with a 50 mm x 50 mm Aperture. This launch enabled the company to enhance its product portfolio and cater to the needs of the customers.
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Current Market Trends Covered in the market report:
· Increased technological advancements and development of new products are the two factors positively affecting the Nano positioning system market growth
· Piezoresistive and Piezoelectric segments will account for a significant share in the market
· The novel innovations and geographical expansions will be the key strategy of the players
· Europe to hold a significant share in the global nano positioning system market
Global Nano Positioning System Market – Segmentation
Global Nano Positioning System Market by Sensor Type
· Capacitive
· Piezoresistive
· Piezoelectric
· Others
By Application
· Optics
· Automotive
· Industrial
· Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
