LONDON--(BUSINESS WIRE)--Technavio analysts forecast the global nanopatterning market to grow at an impressive CAGR of almost 23% during the forecast period, according to their latest report.
The research study covers the present scenario and growth prospects of the global nanopatterning market for 2017-2021. The market considers the equipment manufacturers and service providers of nanopatterning process technology.
Nanopatterning is concerned with imprinting nanoscale patterns on the substrate without using light or radiation-based techniques. Nanopatterning involves patterning on a nanometer scale and is currently a vital ingredient of nanotechnology. Nanopatterning and nanofabrication are essential when patterns with different densities are required for nanoscale devices. The primary benefit of modern nanopatterning techniques is the ability to generate different patterns in a single-step procedure.
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Technavio hardware and semiconductor analysts highlight the following three factors that are contributing to the growth of the global nanopatterning market:
Emergence of advanced consumer products
The consumer electronics market has witnessed a number of transformations in the last five years. Feature phones have been replaced by smartphones and PCs have made way for laptops. Currently, laptops are rapidly being replaced by tablets. Similarly, CRT TVs are being replaced by LED and smart TVs. Now, the manufacturers and application developers are attempting to take this transition further by interconnecting these household devices and creating a single unit called smart homes.
Sunil Kumar Singh, a lead embedded systems research analyst at Technavio, says, “Manufacturers are introducing applications with rich content that would be accessible with the help of high-speed Internet available today. With such innovations and consumer demand for better electronics, manufacturers are constantly focusing on bringing better consumer products with improved functionalities into the market.”
Development of nanotechnology
Nanotechnology is the ability to influence the smallest particles on Earth, the atoms, with an objective to influence their core properties and characteristics. The technology makes use of nanoscience to build up an ecosystem around the concept. Many semiconductor components are manufactured using technologies such as quantum dots, carbon nanotubes, and other nanoparticles.
“Nanosensors can be embedded into the construction of a building to monitor its health and surrounding weather conditions, which will provide vital information about the general state of the structure. The sensors can also be used to monitor concrete corrosion and cracks within the structures,” adds Sunil.
Emergence of miniaturized semiconductor components
One of the major shifts seen in the global semiconductor industry is the emergence of miniaturized semiconductor components. Vendors like Samsung and Apple are focusing on manufacturing miniaturized personal electronics that consume less power. Semiconductor components range from IC and chips to LED displays.
There has been a surge in demand for miniaturized electronic devices. This means the manufacturers need to focus on reducing the size of the device without compromising the performance. The IC chips installed in the system need to be small and deliver better performance while keeping the power consumption low.
Top vendors:
- AMO
- IMS CHIPS
- Micro Resist Technology
- SUSS MicroTec
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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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