According to a new research report titled“Nanotechnology Market Forecast to 2014”, by RNCOS, the US nanotechnology market is rapidly emerging with significant R&D activities on products at their initial phase. The most prominent fields of nanotechnology include nanobio, nanomaterials, surfaces, electronics, and IT and instrumentation. Nanomaterial is the most lucrative and marketable segment in the US and California and Massachusetts with a well-established nanotechnology community are the leading states. The 2012 National Nanotechnology Initiative (NNI) budget has proposed an investment worth around US$ 2.13 Billion in nanotechnology.
Over the past few years, global nanotechnology market has been experiencing significant growth creating a plethora of new opportunities for improving the monitoring capabilities, minimizing contaminants in the environment, and many more. The US and Europe are likely to remain the major geographic markets for nanotechnology industry till 2014. However, the share of Asia Pacific region in the nanotechnology market is expected to grow substantially, According to RNCOS, with increasing usage of nanotechnology in various applications, global nanotechnology market is projected to reach US$ 26 Billion by the end of 2014, growing at a CAGR of around 20% since 2011.
Our report, spread in over 165 pages provides a detailed research and rational analysis of the current status and expected position of the nanotechnology industry in various countries like US, UK, China, India, and many more. It also facilitates future forecasts on the use of nanotechnology in various segments like electronics, cosmetics, biomedicine, etc during 2011-2014. Also, a segment on the analysis of nanotechnology market with respect to major applications and by R&D funding has been included in the report. It also highlights the recent trends in the industry and patent analysis globally. In this way, the report provides a comprehensive and coherent analysis of nanotechnology market across the globe that will certainly prove decisive for clients.
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