LONDON–(BUSINESS WIRE)–The global nano positioning systems market is expected to post a CAGR of
over 13% during the period 2018-2022, according to the latest
market research report by Technavio.
A key factor driving the growth of the market is the wide application of
nanotechnology. Nanotechnology is the process of influencing atoms to
improve their core properties and characteristics. Nanotechnology uses
nanoscience to build an ecosystem. Nanotechnology is used to manufacture
several semiconductor components such as quantum dots, carbon nanotubes,
and other nanoparticles.
This market research report on the global
nano positioning systems market 2018-2022 also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing
In this report, Technavio highlights the development of IoNT as one of
the key emerging trends in the global nano positioning systems market:
Global nano positioning systems market:
Development of IoNT
IoNT is an integrated network of nano sensors, nanoscale devices, and
machines. It enables the integration of physical objects of daily use
with the Internet for the effective communication of data. The use of
IoNT enhances the operational efficiency and productivity of industrial
and other business environments. This is because it improves the speed
of data communication when compared with existing infrastructure.
“IoNT permits the integration of Internet and the existing
communication infrastructure of organizations with nanoscale devices.
Thus, it facilitates the creation of smart communication environments.
The IoNT is suitable for implementation in smart environments as it can
monitor and manage interconnected nanoscale devices,” says a senior
market research analyst at Technavio.
Global nano positioning systems market:
This market research report segments the global nano positioning systems
market by application (optics, automotive, and industrial) and geography
(APAC, EMEA, and the Americas).
The optics segment held the largest market share in 2017, accounting for
nearly 41% of the market. The market share of this segment is expected
to decrease by over 2% by 2022. However, this segment is expected to
dominate the global market throughout the forecast period.
EMEA led the market in 2017 with close to 41% of the market share. This
was because of the rapid adoption of nano positioning systems in the
automotive and healthcare industries. It was followed by the Americas
and APAC respectively.
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market sizing
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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