Nanoelectronics Material and Equipment Market Size, Share, Popular Trends and Growth Forecast to 2023

Evolving circuit miniaturization technologies and improvement in the higher volume manufacturing have boosted the nanoelectronics material and equipment market. The increased use of nanoelectronics devices in carbon nanotube backlights, field emission display, and transmission film are expected to increase the market penetration of the nanoelectronics material and equipment market, during the forecast period.

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The growing use of nanoelectronics material, along with equipment for extreme ultra-violet lithography, and nano imprint is expected to lay new market opportunities in the coming years.

Based on the end –users, the global nanoelectronics material and equipment market can be segmented, as displays, semiconductors, hard-disk storage, electromechanical systems, and optoelectronics and sensors. On the basis of product, the nanoelectronics material and equipment market can be segmented, as nanomaterial, and nanotools and equipment.

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Fusibility of nanoelectronics in the biotechnology and pharmaceutical industry has tremendously increased over the years. This is expected to play a critical role in disease diagnosis, and drug development market, during the forecast period. The semiconductor industry has been reported as the largest end user segment of the nanoelectronics material and equipment market, in 2014. The segment is expected to retain its market dominance over the next five years, owing to the wide scale adoption of nanotechnology in hard disk drive, and display devices.

North America accounted for the largest nanoelectronics material and equipment market in 2014. It was followed by Europe. The market dominance of the developed region is attributed to the high demand of nanoelectronics material and equipment from the pharmaceuticals industry. The intensive research and development activity for drug development in this region has increased market penetration of the nanoelectronics material and equipment market in the region. Asia-pacific is expected to show higher growth, during the forecast years. Country wise, the U.S., Canada, Germany, U.K., France, Italy, Japan, China, India, and Brazil are the major divisions of the nanoelectronics material and equipment market.

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Some of the competitors in the nanoelectronics material and equipment market are Bühler PARTEC GmbH, STMicroelectronics, Robert Bosch GmbH, Intel Corporation, Koninklijke Philips N.V, Hewlett-Packard Development Company, L.P., Siemens AG, Everspin Technologies Inc., and Infineon Technologies AG.

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