Global Nanorobotics Systems Market 2016-2020

Overview of the global nanorobotics systems market

The global nanorobotics systems market is anticipated to grow at a steady rate and will post a CAGR of more than 6% during the forecast period. The increasing popularity and promotion of entrepreneurship will drive the growth prospects for the global nanorobotics systems market during the forecast period. One of the main factors responsible for the development of micro- and nanorobots is the several initiatives undertaken by various universities and governments to promote the entrepreneurship. A number of universities such as the Stanford, Carnegie Mellon, and Harvard have incubation centers to help the young entrepreneurs by providing them the necessary support. Numerous entrepreneurs have started their businesses from these universities. One of the known companies in South Korea, called the Chonnam National University started and established its own company in the year 2011. The company is called Gwangju Technology Holding and is developed with the sole purpose to commercialize the technologies developed by its students, researchers, and faculty. Such initiatives revolutionize the technological developments since they provide ample opportunities for the students and researchers.

Conducting education quizzes and competition in various schools, colleges, universities, and research laboratories across the globe will drive the growth prospects for the market until the end of 2020. Several educational institutions organize competitions and science festivals to support the development of robotics. For instance, the Engineering and Physical Sciences Research Council (EPSRC) conducted UK Robotics week to encourage young minds from schools and colleges to come up with design and engineering solutions for the development of robotics.

Competitive landscape and key vendors

The global nanorobotics systems market is highly fragmented due to the presence of a number of vendors. Since the market for the nanorobotics systems is highly capital-intensive for a single product or facility, the market participants tend to work in joint ventures and alliances. As a result, the overall cost of capital reduces on a single firm by sharing the expenses among the firms in alliances or joint ventures.

Key vendors in this market are -

• Agilent Technologies
• Bruker
• Electrovac
• EVG
• FEI
• JEOL

Other prominent vendors in the market include AIXTRON, Anasys Instruments, Angstrom Advanced, Asylum Research, Cavendish Kinetics, JPK Instruments, Nanonics Imaging, Nanosurf, Novascan, NT-MDT, Park Systems, and WiTec.

Segmentation by geography and analysis of the nanorobotics systems market

• Americas
• APAC
• EMEA

In terms of geography, the Americas accounted for the maximum market share during 2015 and will continue to dominate the market in the forthcoming years. One of the main contributing factors for the market’s growth in the region is the increasing funding from the National Science Foundation (NSF), NNI, and Defense Advanced Research Projects Agency (DARPA). Also, various prominent countries such as the US, Canada, Brazil, and Mexico are responsible for driving the nanorobotics systems market.

Growth drivers, challenges, and upcoming trends: Advances in features and control systems

Various vendors are focusing on integrating the best additional tools to improve the instrument performance. One of the major vendors called JEOL has worked and improved on features such as easy operation, enhanced integration, automated functions, and imaging software for view or edit.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global nanorobotics systems market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global nanorobotics systems market?
• What are the key market trends impacting the growth of the global nanorobotics systems market?
• What are the challenges to market growth?
• Who are the key vendors in the global nanorobotics systems market?
• What are the market opportunities and threats faced by the vendors in the global nanorobotics systems market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global nanorobotics systems market?

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