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Nanotechnology Market to Reach $ 75.8B by 2020
July 20, 2015 | PRNewswireEstimated reading time: 1 minute
Nanotechnology is a growing interdisciplinary technology that is often seen as a new industrial revolution. Nanotechnology is increasingly attracting worldwide attention owing to its wide range of end-uses. As nanotechnology is evolving, so is the scope for its commercial expansion. The wide range of potential products and applications gives nanotechnology its enormous growth prospects. It has been forecasted that the global nanotechnology industry will grow to reach US$ 75.8 Billion by 2020. In such a scenario, huge opportunity lies for industry participants to tap the fast growing market.
In the latest research study, "Nanotechnology Market Outlook 2020", RNCOS' analysts have identified and deciphered the market dynamics in important segments to clearly highlight the areas offering promising possibilities for companies to boost their growth. In 2014, the global nanotechnology market has shown tremendous growth backed by certain key prominent factors. At present, cancer is one of the largest therapeutic areas in which nano-enabled products have made major contributions.
In this report, the analysts have covered analysis of current nanotechnology market (by application, by component and by region), with future projections till 2020. The report covers an in-depth analysis of all the major segments, with key developments taking place at global level, such as in application section, use of nanotechnology in electronics, energy, cosmetics, medical, defence and food & agriculture sector. Further, in terms of component, the nanotechnology market can be segregated into nanomaterials, nanotools, and nanodevices. The report covers the current nanotechnology market and forecast for each of the above-mentioned segments till 2020.
Further, the report discusses nanotechnology scenario in 13 major countries like the US, Canada, UK, Italy, Germany, and Russia, among others. Additionally, the report even covers country-level analysis of R&D, funding and patents to provide in-depth understanding about investment related to nanotechnology.
Besides this, it also covers the nanotechnology patent analysis, including number of patent publications and global top assignees of nanotechnology patent literature. With a view to provide a balanced outlook of the global nanotechnology market to clients, the report also covers the profiles of key players like Altair, Nanophase Tech, Nanosys, etc., among others, who are present in the global nanotechnology market. Overall, the comprehensive research will provide an unbiased picture of the global nanotechnology industry to help clients understand the market dynamics and make sound investment decisions accordingly.
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