Global Nano Sensors Market Size, Trends and Growth Opportunity, By Type (Physical Nano Sensor, Biosensor, Optical Nano Sensor, Chemical Nano Sensor, and Others), By Technology (Wind Turbines, Fuel Cells, Micro Turbines), By Application (Electronics, Energy, Chemical Manufacturing, Aerospace and Defence, Healthcare, and Others), By Region and forecast till 2030.
Report ID : IR1002443 | Industries : Energy & Power | Published On :June 2024 | Page Count : 272
Global Nano Sensors Market Size, Trends and Growth Opportunity, By Type (Physical Nano Sensor, Biosensor, Optical Nano Sensor, Chemical Nano Sensor, and Others), By Technology (Wind Turbines, Fuel Cells, Micro Turbines), By Application (Electronics, Energy, Chemical Manufacturing, Aerospace and Defence, Healthcare, and Others), By Region and forecast till 2030.
Global Nano Sensors Market
The Global Nano Sensors Market was valued at USD 759.45 million in 2022 and is slated to reach USD 4,370.75 million by 2030 at a CAGR of 22.50% from 2023-2030.
A nanoelement device called a nanosensor, which is a significant use of nanotechnology, is used to detect biological elements and environmental conditions. Nanosensors are mechanical or chemical devices that can monitor physical quantities like temperature or identify the presence of specific chemical species and nanoparticles. Analytical goals are served by the data and information that nanosensors transmit on the behaviour of nanoparticles.
Market Drivers
The healthcare sector is putting a lot of pressure on the market to enhance the system that delivers healthcare services generally. Miniaturised healthcare goods and sensors are in high demand and are widely used, which is helping to accelerate market expansion. Further accelerating the market growth rate will be the expansion and growth of the healthcare sector. A further indirect growth determinant is the growing requirement to decrease the average detection and diagnosis time of sensors. Data from the World Bank show that, up from 2.2% in 2018, global R&D expenditures made up 2.63% of global GDP in 2020. The market growth rate is consequently being positively impacted by rising R&D efforts linked to the use of nanosensors in several industries, including forensics, cancer detection, military and security, aerospace, and others.
Market Restraints
In addition to fluctuating raw material prices and a lack of supply in some regions, high costs for high-tech nanosensors will provide a hurdle to the market's growth pace. The complexity of producing the micro sensors also drives up the overall cost of manufacturing.
Impact Of COVID-19
Lockdown, mobility, manufacturing, and supply chain constraints caused by the COVID-19 crisis had a substantial negative influence on the market's growth rate. The healthcare industry, which was already expanding before the epidemic era, is currently expanding at a tremendous rate. This led to the healthcare sector using microsensors extensively. Advanced biosensors, chemical nanosensors, and physical nanosensors are becoming more and more in demand from other industry verticals like the automotive, chemical, and electronics industries.
Recent Development
Honeywell unveiled new robotic technology in 2021 to aid warehouses in boosting production and lowering injuries. The company's inventive robotics technology was created to automate the labour-intensive procedure of manually unloading pallets, hence reducing the danger of accidents during operation.
Omron released control hardware from a partner firm in 2021, together with on-site DX acceleration simulation software. The programme was used by customers to recreate the machine, including their robots and their partners' equipment.
Market Segmentation
The Global Nano Sensors Market is segmented into Type, Technology, and Application. By Types such as Optical Nano Sensors, Chemical Nanosensors, Physical Nanosensors, biosensors, and Others. By Technology such as Wind Turbines, Fuel Cells, and Micro Turbines. By Applications such as Electronics, Energy, Chemical Manufacturing, Aerospace and Defence, Healthcare, and Others.
Regional Analysis
Global Nano Sensors Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. North America, which dominated the industry, had the biggest market share. North America is expected to dominate the global market for nanosensors because there are so many important industry players based there. The Asia-Pacific region is expected to have considerable expansion in the nanosensors market throughout the forecast period. Due to the increased demand for effective disease detection tools as well as the growing use of nanosensors across a range of end-user sectors, the market for nano sensors in the Asia-Pacific region is growing.
Key Players
This report includes a list of numerous Key Players, namely OMRON Corporation (Japan), Bruker (U.S.), Applied Nanotech, Inc. (U.S.), Biosensors International Group, Ltd. (Singapore), Kleindiek Nanotechnik GmbH (Germany), Microtech Scientific (U.S.), Oxonica (U.K.), Texas Instruments Incorporated. (U.S.), Analog Devices, Inc. (U.S.), Lockheed Martin Corporation. (U.S.).
Market Taxonomy
By Type
• Optical Nano Sensor
• Chemical Nano Sensor
• Physical Nano Sensor
• Biosensor
• Others
By Technology
• Wind Turbines
• Fuel Cells
• Micro Turbines
By Application
• Electronics
• Energy
• Chemical Manufacturing
• Aerospace and Defence
• Healthcare
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Nano Sensors Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Nano Sensors Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Nano Sensors Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Nano Sensors Market Share Analysis, By Type
5.3 Global Nano Sensors Market Size and Forecast, By Type
5.3.1 Optical Nano Sensor
5.3.2 Chemical Nano Sensor
5.3.3 Physical Nano Sensor
5.3.4 Biosensor
5.3.5 Others
6 Global Nano Sensors Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Nano Sensors Market Share Analysis, By Technology
6.3 Global Nano Sensors Market Size and Forecast, By Technology
6.3.1 Wind Turbines
6.3.2 Fuel Cells
6.3.3 Micro Turbines
7 Global Nano Sensors Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Nano Sensors Market Share Analysis, By Application
7.3 Global Nano Sensors Market Size and Forecast, By Application
7.3.1 Electronics
7.3.2 Energy
7.3.3 Chemical Manufacturing
7.3.4 Aerospace and Defence
7.3.5 Healthcare
7.3.6 Others
8 Global Nano Sensors Market, By Region
8.1 Global Nano Sensors Market Share Analysis, By Region
8.2 Global Nano Sensors Market Share Analysis, By Region
8.3 Global Nano Sensors Market Size and Forecast, By Region
9 North America Nano Sensors Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Nano Sensors Market Share Analysis, By Type
9.3 North America Nano Sensors Market Size and Forecast, By Technology
9.4 North America Nano Sensors Market Size and Forecast, By Application
9.6 North America Nano Sensors Market Size and Forecast, By Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
10 Europe Nano Sensors Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Nano Sensors Market Share Analysis, By Type
10.3 Europe Nano Sensors Market Size and Forecast, By Technology
10.4 Europe Nano Sensors Market Size and Forecast, By Application
10.5 Europe Nano Sensors Market Size and Forecast, By Country
10.6.1 Germany
10.6.2 France
10.6.3 UK
10.6.4 Rest of Europe
11 Asia Pacific Nano Sensors Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Nano Sensors Market Share Analysis, By Type
11.3 Asia Pacific Nano Sensors Market Size and Forecast, By Technology
11.4 Asia Pacific Nano Sensors Market Size and Forecast, By Application
11.5 Asia Pacific Nano Sensors Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Nano Sensors Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Nano Sensors Market Share Analysis, By Type
12.3 Latin America Nano Sensors Market Size and Forecast, By Technology
12.4 Latin America Nano Sensors Market Size and Forecast, By Application
12.5 Latin America Nano Sensors Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
14 Middle East Nano Sensors Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Nano Sensors Market Share Analysis, By Type
14.3 Middle East Nano Sensors Market Size and Forecast, By Technology
14.4 Middle East Nano Sensors Market Size and Forecast, By Application
14.5 Middle East Nano Sensors Market Size and Forecast, By Country
14.5.1 Saudi Arabia
14.5.2 UAE
14.5.3 Egypt
14.5.4 Kuwait
14.5.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 OMRON Corporation (Japan)
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Bruker (U.S.)
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Applied Nanotech, Inc. (U.S.)
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Biosensors International Group, Ltd. (Singapore)
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Kleindiek Nanotechnik GmbH (Germany)
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Microtech Scientific (U.S.)
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Oxonica (U.K.)
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Texas Instruments Incorporated. (U.S.)
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Analog Devices, Inc. (U.S.)
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Lockheed Martin Corporation. (U.S.)
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies