Abstract
Nanotechnology is going to pave the way for a revolution in materials,
information and communication technology, medicine, genetics and so on as it
starts leaving the laboratories and conquering new markets. It helps to
improve products and production processes with better characteristics or new
functionalities. In coming years, products based on nanotechnology are
expected to impact nearly all-industrial sectors, entering into the consumer
markets in large quantities. Considering the future prospects of
nanotechnology, countries across the world are investing heavily into this
sector.
Identifying the future prospects of this industry, RNCOS, the leading market
research company, has come up with an analytical study - "Nanotechnology
Market Forecast till 2011". This updated and detailed research evaluates the
past, current and future scenario of the global nanotechnology market coupled
with an overview on its emerging trends. The report segments the
nanotechnology market by application, patent and R&D investment. It discusses
the nanotechnology market by key countries showing their prominence in the
sector together with the emerging nations in the domain.
Key Findings
- The rapidly commercializing nanotechnology market presents potential
market in various industrial sectors including energy, textiles and life
sciences.
- The market for nanotechnology in manufacturing goods is forecasted to grow
at a CAGR of 33% during the period from 2007 to 2015.
- The market for nanotechnology into consumer products is projected to grow
at an AAGR of 9.4% from 2005 to 2010.
- The global spending on nanotechnology grew by 29% in 2006 with government
share standing at 52% followed by corporate and venture capitalist spending.
- Nanotechnology investments by the government were initially led by Europe,
North America and Japan. However, countries such as Russia, China, Brazil,
Turkey and India have joined the trend and are making significant investments
into the sector.
- Asia-Pacific is anticipated to be the most important region for the sales
of nanotechnology products in near future, followed by the US and Europe at
similar level.
Key Issues Analyzed
- Current status of the nanotechnology market worldwide.
- Factors that are fueling growth into the global nanotechnology market.
- Analysis of nanotechnology market by various application areas, their
market and future growth prospects.
- Industry profile of various key and emerging countries like the US, Japan,
China, India, Russia, Brazil etc.
- Emerging trends in the global nanotechnology market.
- Emerging areas creating opportunities for various segments in the global
nanotechnology market.
Study of factors that may inhibit growth in global nanotechnology market.
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade journals, and white
papers, industry portals, government agencies, trade associations, monitoring
industry news and developments, and through access to more than 3000 paid
databases.
Analysis Method
The analysis methods include ratio analysis, historical trend analysis, linear
regression analysis using software tools, judgmental forecasting, and cause
and effect analysis.
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