Rising Investments in Nanotechnology by Government Organizations to Bolster Nanotechnology Systems Market

ALBANY, New York, March 29, 2017: A new market research study has been added by MarketResearchReports.biz to its vast collection of research reports. The 57-page study, titled “Global Nanorobotics Systems Market 2016-2020,”offers a detailed overview of the market in order to guide the key players and readers. The product segmentation, primary applications, and the technological advancements in the global nanorobotics systems market have been highlighted, along with a detailed study of the vendor analysis. In addition, the current trends, drivers, and challenges in the market have been discussed to offer a strong understanding of the global market. 

According to the research study, the global market for nanorobotics systems is anticipated to register a healthy 6.0% CAGR between 206 and 2020. The rising number of investments in the field of nanotechnology is one of the key factors predicted to encourage the growth of the global market in the next few years. 

The development of advanced technologies and the increasing promotion of entrepreneurship are the key factors that are estimated to encourage the growth of the global nanorobotics systems market in the next few years. In addition, the emergence of swarm intelligence is predicted to generate potential growth opportunities for key players operating in the global market. However, the high cost of manufacturing and excise duty and several concerns related to the nanoelectronics in pursuit of miniaturizations are projected to restrict the growth of the nanorobotics systems market across the globe. Nonetheless, the rising number of advances in features and control systems is expected to fuel the market’s growth in the coming few years. 

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From a geographical perspective, in 2015, Americas held a massive share of the global nanorobotics systems market and is anticipated to remain in the leading position in the next few years. The growing funding from several organizations, such as NNI, National Science Foundation (NSF), and Defense Advanced Research Projects Agency (DARPA) is projected to accelerate the growth of the nanorobotics systems market in the Americas. In addition, the rising contribution from Canada, Mexico, Brazil, and the U.S. is likely to supplement the growth of the market in the next few years. 

At present, the global nanorobotics systems market is highly competitive and fragmented in nature, owing to the presence of a large number of companies operating in it. The prominent players are emphasizing on collaborations and mergers and acquisitions in order to maintain a leading position in the market and sustain the competitive environment in the coming years. Some of the key players mentioned in the research study are Electrovac, Agilent Technologies, Novascan, WiTec, Bruker, AIXTRON, FEI, JPK Instruments, Asylum Research, Angstrom Advanced, NT-MDT, Cavendish Kinetics, Anasys Instruments, JEOL, EVG, Nanosurf, Nanonics Imaging, and Park Systems. Detailed profiles of these companies have been included in the scope of the study. 

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