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NewswireToday - /newswire/ -
Delhi, New Delhi, India, 09/21/2006 - Nanotechnology is going to rule the global market. With an array of applications, this sector is surely going to be market's delight. The only flaw is lack of knowledge that is being taken care by marketing channels..
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According to a prediction by US National Science Foundation, by 2015, the total global market for nanotechnology services and products will touch $ 1 trillion that is approx 10 percent of the current US GDP, requiring a workforce of 2 million. Nanotechnology firms are expecting to generate revenue of $25.6 Billion by 2006.
The US nanotechnology market, currently with around 400 nanotech companies, is an emerging market; where the initial stage of consequential research and development is being carried on products. Nanobio, surfaces, electronics, nano-materials, instrumentation and IT are some of the important fields.
Apart from scientific achievements, marketing channels' involvement will be the major factor in revolutionizing nanotechnology. The boom in this sector is still on its way because of lack of awareness among end-users, investors and industry about the effects this technology could have. So, marketing channels like media, trade associations and trade shows have forward as primary links between commercial and social entities and technology developers, but with limited involvement.
"The World Nanotechnology Market (2006)", a report by RNCOS, has forecasted that by 2008, the US nanotechnology market will reach $ 3.3 billion and steadily, will cross $19.8 billion by 2013. The report looks into the facts and issues essential for the nanotechnology's success.
- Study of Nanotechnology market by a variety of products and application areas, their market and growth prospects.
- Opportunities for growth, challenges and key drivers for nanotechnology
- Recent progress in Nanotechnology market
- Snapshots of the major players in Nanotechnology
The report "The World Nanotechnology Market (2006)" provides an insight into the global nanotechnology market. It inspects the emerging trends in this industry and gives an exclusive prediction of products and applications covering the snapshots of industry's major players, R & D expenditure by various countries and deals with the patent issues.
About RNCOS
RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.
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