Nanotechnology is a relatively new sector, and future growth is dependent
largely on growing government support and heavy investments in R+D initiatives.
Nanotechnology plays a central role is the development of desktop manufacturing,
cellular repair, artificial intelligence, inexpensive space travel, clean +
abundant energy, and environmental restoration. Global nanotechnology market
is increasingly witnessing a move towards consolidation, as players reorient
strategies and realign their businesses to better reflect the changing competitive
dynamics, and remain viable and competitive in the maturing market.
Micro-electro-mechanical systems (MEMS), and Microsystems Technology (MST)
represent rapidly evolving niche technology areas with considerable potential.
The field is gradually transforming from being 'technology-driven' to 'application-driven'.
Banking on the 'top-down' technology, both the concepts grew on the microelectronics
technologies. Significant applications are in communication, industrial, medical,
chemical and automotive industries. Nanotechnology is an attempt by science
to manipulate the world at its intimate level. A notion that matters can be
dealt at the levels of atoms and molecules led to the invention of instruments
such as Atomic Force Microscopes (ATM), Scanning Tunneling Microscope (STM),
and Near Field Microscope.
Chemicals and Advanced Materials are projected to emerge as the largest and
rapidly emerging application area for nanotechnology. Other key application
areas include transportation industry, health and life science industries, electronics
and communications, research, energy, consumer products, and tools. Manufacturing
processes continue to emerge using nanotechnology, leading to cost reductions
and increasing new applications for the technology. A wide range of new applications
from sporting goods to fuel catalysts, contribute for the growth of nanomaterials
market. In the food-packaging area, nanomaterials are currently being developed
with improved thermal and mechanical properties to ensure better food protection.
Nanotubes is the most promising nanotech product category with numerous potential
applications. Nanotubes are touted as plausible replacements for silicon in
integrated circuits. Nanotubes exhibit exceptional thermal, mechanical, and
electrical properties. These are primarily used in the production of plastic-based
equipment for semiconductor wafers, mechanical memory (RAM), and computer disk
drives. The improvements exhibited by the introduction of carbon fibers are
likely to be dwarfed by the evolution of nanotubes. Nanotubes exhibit tremendous
tensile strength that is finding numerous applications in the aerospace, automobiles
and construction industries. The potential for nanotubes market is enormous
in the delivery of medicine, manufacturing of computer circuitry, and heat reflective
The report titled "Nanotechnology: A Global Outlook Series", published
by Global Industry Analysts Inc, provides a collection of statistical anecdotes,
market briefs, and concise summaries of research findings. The report offers
a bird's eye view of this new, promising, and pulsating, potential laden industry.
The report provides a rudimentary insight into the concept of nanotechnology,
providing selective insights into major technology trends, and its impact on
commercial applications in key end-use industries. Annotated with 20 market
data-rich tables enumerating key research findings, the global and regional
level of discussion culminates to provide a macro-level perception of the industry
in its totality. Also included is an indexed, easy-to-refer, fact-finder directory
listing the addresses, and contact details of 1,049 companies worldwide.
For more details about this research report, please visit