Industrial, Manufacturing & Heavy Industry Market News

Global Nanotechnology market estimated to register CAGR 9.7% by 2025

Industrial and Manufacturing

According to this study, over the next five years the Healthcare Nanotechnology market will register a 9.7% CAGR in terms of revenue.

Description

The word nanotechnology is one of the marvelous blessings of modern science. Nanotechnology is etymologically derived from the Greek word “nânos” which means dwarf and “technology” which means the systematic application of scientific knowledge.

So, in essence, nanotechnology is the systematic study and application of materials in nanoscale. It is the manipulation of particles in the atomic and molecular scale.

Today Nanotechnology is used in assorted ways. It is a fast-growing industry and has major scrutiny of the practitioners and enthusiasts in STEM fields.

Nanotechnology is keeping footprints in various industries that include health care, semiconductor and electronics, cosmetics, pharmaceuticals, agriculture and others.

The small structure of nanoparticles gives them clear leverage over the microparticles. Nanostructured metals in spite of being smaller than the macro-sized metals are harder than them.

Moreover, light absorption and reflection properties of nanomaterials also differs from macro materials. This characteristic gives Nanotechnology a clear preference for using nanoparticle in modern industries.

Which is why today nanotechnology and its market is one of the fastest rising markets worldwide.

 

Get Free Sample Report@ www.reportocean.com/industr…t_id=17424 Make an Inquiry about this news

 

Global Market Summary:

From the past few years, the global nanotechnology market has shown impressive growth. Increased demand for smaller and energy efficient devices, partnerships and alliance between countries and companies, rising demand of nanotechnology-based products in healthcare, growing R&D support by the government and non-government institutions are some of the major driving forces for the market.

Our Study on nanotechnology market shows that due to the aforesaid driving factors, over 1600 manufactured nanotech products by several companies are available in the market and new products are coming to market at a rate of 3-4 per week.

However, factors such as high cost of the technology and associated environmental issues, and lack of skilled workforce restraints the market growth.

Major Players:

Altairnano Inc, Nanosys Inc, Acusphere Inc, Zyvex Corporation, CHASM Technologies, Bruker Corporation, Agilent Technologies, Nanosurf AG, Nanoscience Instruments, Malvern Panalytical, Intel Corporation, Ablynx and Hysitron are some of the major players operating in the market.

 

Contemporary key developments:

Multilayered Integrated Film Bulk Acoustic Resonators

This are devices with result of direct application of nanotechnology. This Film Bulk Acoustic Resonators can detect change even in slightest change in weight, light and electric impulse.

Their greater accuracy is enough to weight a virus of one femtogram. This device can be used to detect air quality and detect biomarkers for cancer.


In the present world machines of small scales are used extensively. NEMS (nanoelectromechanical system) is a promising technology that can provide greater efficiency at lower energy consumption.

The application of NEMS can be seen in ultrasensitive sensors and in communication systems as well. NEMS will replace traditional heavy power consuming equipment with small sized equipment made using nanotechnology.

Adoption of this technology may be a great opportunity for global nanotechnology market.

Nano Bioengineering of Enzymes

Oil is a non-renewable energy source with limited reserve. Thus, many industries are now moving towards adoption of renewable energy to meet their energy requirements.

Nano bioengineering is producing enzymes that can be used to make ethanol from wood chips, and corn stalks. This is seen as an opportunity for market growth on the expanding potential of alternative fuel.

Dominant region and fastest growing region:

Semiconductor and electronics, biotechnology and genetic engineering are the major application fields where the use of nanotechnology is most prominent. North America and Europe are the major revenue generating regions for the market.

In North America, U.S. leads the market due the presence of market players like Intel Corporation, Texas Instruments Incorporated, and Applied Molecular Genetics (AMGen) others within the region. Asia Pacific region has the fastest growing rate in the global nanotechnology market.

 

Get Free sample report @ www.reportocean.com/industr…t_id=17424 Make an Inquiry about this news

Market Segmentation:

The global nanotechnology market is segmented on the basis of products, application, and region.

By products- In this segment market is categorized in basis of different products present in the market. The segment is devised into nanotubes, nano-composites, nano-fibers, nano-lithography tools, nano-ceramics, nano-clays, and nano-magnetics.

By application of products- By application of nanotechnology, market is further sub segmented on basis of the industries where they are used most. Most prominent of them are Semiconductors & Electronics Industry, Telecommunication Industry, Biotechnology and Genetic Engineering Industry, Military & Defense, Cosmetics Industry, Healthcare equipment’s Industry, Pharmaceuticals Industry, Food & Agricultural Industry etc.

The top three applications of nanotechnology are in the biotechnology, electronics and energy. This fields of application holds more than 65% of the total nanotechnology market share.

By Geographical location- Basing on the region of production and consumption the Global Nanotechnology market can be sub-segmented into 6 categories as follows: North America that includes market of  USA and Canada. South American market is held by countries as Brazil, Argentina, Chile and Columbia.

Europe is dominated by U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland. Asia and Pacific market consist of emerging economies as China, India, Japan, Singapore, Middle East with countries as Saudi Arabia, UAE, Qatar And from Africa South Africa is the only country affiliated with nanotechnology market.

News From

Report OceanReport Ocean
Category: Market Research Publishers and RetailersCompany about: We are the best market research reports provider in the industry. Report Ocean believe in providing the quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is “one-stop solution” for individuals, organizations, and industries that are looking for innovative market research reports. We have collaboration with many top publishers who have expertise in providing: Robust, detailed ...
This email address is being protected from spambots. You need JavaScript enabled to view it.

For more information:

Make an Inquiry about this report HERE!
  • www.reportocean.com/industr…t_id=17424
  • www.reportocean.com