NewswireToday - /newswire/ -
Noida, Uttar Pradesh, India, 2010/07/02 - Considering the future prospects, the global nanotechnology market is projected to grow at a CAGR of over 18% during 2010-2013.
With the use of nanotechnology in the energy sector for improvement of manufacturing processes, conversion, storage and energy saving, we anticipate that the market for nanotechnology in Energy Applications will climb to US$ 700 Million by 2013, at a CAGR of around 50% from 2010. According to our research report “Nanotechnology Market Forecast to 2013”, the prospective growth in nanotechnology market will largely be driven by massive investment in nanotechnology R&D by both governments and corporate worldwide. Also, nanotechnology-based products will have an impact on nearly all industrial sectors.
On the regional front, we have found that Asia-Pacific region will experience the fastest growth. Various countries like US, Germany, Japan, South Korea, Taiwan, France, UK, China, Brazil, Russia and Australia have been studied in the report. We have chosen these countries for our study on the basis of their growth potential. To analyze the nanotechnology industry performance, we have segmented it by R&D funding and application areas. Electronics, cosmetics, defense and other emerging application areas have been covered in the report.
Further, we have done an in-depth and quality analysis of nanotechnology industry by identifying current market trends and future growth areas. Additionally, we have found that technology innovation and government support will drive this market during the forecast period. We have also identified that Nanocoating, Nanomedicine, Nanofibres and other markets will be the key growth areas in future. To give clients an unbiased view of the nanotechnology market, we have also analyzed the factors that can inhibit the market’s growth. The report provides a prudent analysis of the nanotechnology industry.
“Nanotechnology Market Forecast to 2013” is a comprehensive research report that comprises of valuable analysis on the nanotechnology market across the globe. The research will provide a prudent analysis of the nanotechnology industry by studying the recent developments and their impact on the market. The report will help clients to analyze the leading-edge opportunities, prospective customer base, expected future outlook and all the other factors which are critical to the success of the global nanotechnology market.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.