The Expansion of Nanomedicine and Pharmaceuticals Industries Drives the Demand for The Global Nano Milling Equipment Market

 Nanomedicine is the application of nanotechnology in healthcare and medicine. It involves the use of nanoscale materials, devices, and techniques for diagnostics, drug delivery, imaging, and therapy. Nanomedicines offer unique advantages such as targeted drug delivery, improved efficacy, reduced side effects, and enhanced imaging capabilities. The nanomedicine and pharmaceutical industries have witnessed significant expansion in recent years. According to January 2022 report from Future Journal of Pharmaceutical Sciences, it is highlighted in the significant growth potential of the nanomedicine market. The report mentioned that the global nanomedicine market was projected to reach more than 177 billion by 2025, with Europe being a key player in nanomedicine research and commercialization. It emphasized the potential impact of nanomedicines on healthcare and the economy 

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Data Bridge Market Research analyses that the Global Nano Milling Equipment Market is expected to grow at a CAGR of 5.2% in the forecast period of 2023 to 2030 and is expected to reach USD 1,969,147.52 thousand by 2030. Continuous advancement in nano milling equipment is projected to propel the market's growth as this is causing its increasing demand in various regions. 

Key Findings of the Study

Continuous advancement in nano milling equipment

The field of nano milling machines has been witnessing continuous development and improvement in technologies and techniques to meet the growing demands of nanoscale manufacturing across various sectors such as chemical and industrial. These advancements aim to enhance precision, accuracy, efficiency, and scalability in the milling process. Comparing the present generation nano milling equipment with the first generation nano milling equipment reveals significant improvements and highlights the importance of continuous advancement in this field.

The present generation machines utilize advanced control systems and software algorithms to achieve higher precision and accuracy in milling operations. These systems allow for real-time monitoring and adjustment of milling parameters, ensuring optimal milling results and minimizing errors. Moreover, there have been significant advancements in spindle technology. The present generation nano milling machines feature high-speed and high-precision spindles capable of reaching rotational speeds in the tens of thousands of RPM. This enables efficient material removal and precise machining of nanoscale features.

In addition, the modern nano milling equipment incorporates improved vibration damping and stability mechanisms to minimize vibrations during the milling process. This ensures better surface finish and dimensional accuracy, especially when working with delicate or brittle materials at the nanoscale. Present generation equipment often includes robotic arms or automated tool changers, enabling efficient and precise handling of milling tools and workpieces. This not only enhances productivity but also reduces human errors and improves repeatability.

Continuous advancement in nano milling equipment is expected to drive the market. As technologies and techniques improve, market players can offer machines with higher performance, increased efficiency, and enhanced capabilities. This causes the adoption of nano milling equipment in various industries and encourages new applications in nanoscale manufacturing.

These differences and advantages are expected to contribute to the growth and demand for nano millings machines across the globe.

Report Scope and Market Segmentation

Segment Analysis:

The market is segmented into six notable segments, on the basis of type, milling machine, motor output power, feed dimension, weight, and end user.

• On the basis of type, the market is segmented into ball mills, bead mills, jet mills, and others.

In 2023, the ball mills segment is expected to dominate the global nano milling equipment market

In 2023, the ball mills segment is expected to dominate the market with 49.02% share due to their high energy impact and collision forces, effectively reducing particle size to the nanoscale. Moreover, the scalability and versatility offered by ball mills make them suitable for both laboratory and industrial applications. Furthermore, their relatively simple design and operation provide a cost-effective and efficient solution for achieving precise control over nanoparticle size and distribution.

• On the basis of milling machines, the market is segmented into less than 50 nm and more than 50 nm. In 2023, the less than 50 nm segment is expected to dominate the market with 65.17% share due to its demand in various applications such as nanotechnology, nanoscale precision, sectors such as pharmaceuticals and cosmetics among other industrial sectors. Research work with materials and structures below 50 nm to investigate their properties and develop innovative nanoscale technologies is expected to drive this segment's growth.
• On the basis of motor output power, the market is segmented into more than 150 watt and less than 150 watt.

In 2023, the more than 150 watt segment is expected to dominate the global nano milling equipment market

In 2023, the more than 150 watt segment is expected to dominate the market with 71.33% share due to its usage in industrial machines, such as heavy equipment, manufacturing machinery, and large-scale systems, which require higher power outputs. Applications that demand significant power, such as high-speed machining, heavy-duty cutting, or operating significant mechanisms, typically rely on motor output power exceeding 150 watts to ensure adequate torque and speed.

• On the basis of feed dimension, the market is segmented into more than 6 mm and less than 6 mm. In 2023, the more than 6 mm segment is expected to dominate the market with 57.12% share as major industrial processes require feeding materials with larger dimensions, exceeding 6 mm, to accommodate the needs of heavy machinery and manufacturing equipment. In addition, feeding materials with larger sizes allow for more efficient processing in various industries, such as metalworking, woodworking, and plastics, as machines and equipment in these industries are often designed to handle more extensive materials.
• On the basis of weight, the market is segmented into more than 100 kg and less than 100 kg. In 2023, the more than 6 mm segment is expected to dominate the market with 57.12% share, as nano milling requires high precision and stability to achieve accurate results. The equipment must withstand the forces generated during the machining process and maintain its structural integrity. To ensure stability, the equipment is often constructed with robust and heavy materials, which contribute to its weight.
• On the basis of end use, the market is segmented into pharmaceuticals, cosmetics, chemicals, industrial, and others. In 2023, the pharmaceuticals segment is expected to dominate the market with 33.98% share as nano medicine, which involves using nanoscale materials for medical purposes, has gained significant attention in recent years. Nano milling equipment plays a crucial role in the production of nanoparticles and nanoscale drug formulations. As the pharmaceutical industry continues to invest in research and development of nano medicine, the demand for the market grows.

NETZSCH-Feinmahltechnik GmbH, Retsch GmbH, Willy A. Bachofen AG, S3 Process Limited, PUHLER(Guangdong) Smart Nano Technology Co., Ltd., Kern Microtechnik GmbH, Bühler AG, Hosokawa Micron Group, Ashizawa Finetech Ltd., Shanghai ELE Mechanical and Electrical Equipment Co., Ltd., VMA-GETZMANN GMBH, Glen Mills, Inc., Wahal Engineers., FRANLI, THINKY, FANUC CORPORATION, Fritsch GmbH, Moore Nanotechnology Systems, LLC, IDEX, and Microtron International Ltd. are engaged in the development of market for the pharmaceuticals, cosmetics, chemicals, industrial, and others.

Major Players

Data Bridge Market Research recognizes the following companies as the major market players are NETZSCH-Feinmahltechnik GmbH (Germany), Retsch GmbH (Germany), Willy A. Bachofen AG (Switzerland), S3 Process Limited (U.K.), PUHLER(Guangdong) Smart Nano Technology Co., Ltd. (China), Kern Microtechnik GmbH (Germany), Bühler AG (Switzerland), Hosokawa Micron Group (Germany), Ashizawa Finetech Ltd. (Japan), Shanghai ELE Mechanical and Electrical Equipment Co., Ltd. (China), VMA-GETZMANN GMBH (Germany), Glen Mills, Inc., Wahal Engineers. (India), FRANLI (China), THINKY (Japan), FANUC CORPORATION (Japan), Fritsch GmbH (Germany), Moore Nanotechnology Systems, LLC (U.S.), IDEX (Canada), Microtron International Ltd. (U.K.)

Market Development

• In May 2023, PUHLER(GUANGDONG) SMART NANO TECHNOLOGY CO., LTD. and Peller Nano and Suzhou Inovance announced that the companies entered into a strategic agreement to launch new technology that can help the energy industry for preparing strategies for reducing costs and increase the efficiency of machines. The companies are also working on exploring more energy-saving, more efficient, and lower-carbon grinding and dispersing solutions for their customer base across the globe to boost their advancement in the market
• In March 2021, VMA-GETZMANN GMBH announced that the company had participated in the PAINTINDIA exhibition on March 3rd in Delhi, India.  This step has allowed the company to increase its market reachability and brand recognition in the Indian subcontinent.  The company has presented its latest offerings in the exhibition to incline new potential clients
• In July 2022, Bühler AG announced that the company is building a new milling technology centre at its Uzwil site in the canton of St.Gallen. Under this, a grain innovation centre is to be built on the site of the application and training centre by 2024. It will offer a completely new infrastructure for both training and R&D activities at Bühler.  This step allowed the company to increase its R&D activities and expand its milling business segment under the global nano milling equipment market.
• In 2023, Retsch GmbH announced that the company’s product, that is Retsch Mixer Mill MM 500 control, has been awarded as LABO READERS' AWARD 2022.  The company accepted this award and used this recognition to promote its other milling products.  The company is also aiming to increase its annual revenue and sales figure for its milling equipment in the upcoming year due to the media coverage post this award
• In February 2021, NETZSCH-Feinmahltechnik GmbH announced that the company had invested more than 6 thousand USD in the new logistics centre of the grinding & dispersing business unit.  Through this, the company aims to meet the tough international competition with innovations and new processes, boosting its presence in various regional and global markets

Regional Analysis

Geographically, the countries covered in the market are U.S., Canada Mexico, Germany,  France, U.K., Italy, Spain, Russia, Turkey, Netherlands, Belgium, Switzerland, Ireland, rest of Europe, China, India, Japan, South Korea, Thailand, Singapore, Indonesia, Malaysia, Philippines,  Australia, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa,  Saudi Arabia,  U.A.E., Egypt, Israel,  and rest of Middle East and Africa.

As per Data Bridge Market Research analysis:

Asia-Pacific is the dominant region and is estimated to be the fastest growing region in the market during the forecast period 2023 - 2030

Asia-Pacific nano milling equipment market has witnessed high growth owing to factors such as growing R&D activities in the region, particularly countries such as China, Japan, South Korea, and India that have been investing heavily in R&D activities. This has led to significant advancements in nanotechnology and a growing demand for nano milling equipment. Moreover, its robust manufacturing sector, especially in industries such as pharma, electronics, automotive, and aerospace, is expected to drive market growth. Nano milling equipment plays a crucial role in the production of precision components and miniaturized devices. Various major players in the market operating in the Asia-Pacific region are leading to different strategic plans and solution launches.     

For instance,

• In February 2023, THINKY announced that the company will participate in the China International Adhesives & Sealants exhibition from September 4-6, 2023, in Shanghai, China. By attending such an event in China, the company is aiming to increase its annual revenue by promoting its product portfolio in the exhibition under the market.

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