NCMS Maps Race to the Nanofuture

Survey of 600 Organizations Reveals Industry Trends

Mar 13, 2006, 00:00 ET from National Center for Manufacturing Sciences

    ANN ARBOR, Mich., March 13 /PRNewswire/ -- The National Center for
 Manufacturing Sciences (NCMS) has compiled the results of nearly 600 U.S.
 industry executives who participated in the 2005 NCMS Nanomanufacturing
 Industry Survey -- the largest cross-industry survey of nanotechnology
 commercialization trends and concerns, sponsored by the National Science
 Foundation (NSF).
     This project has yielded compelling insights into how U.S. corporations
 and research organizations perceive the future of the nanotechnology market.
 It also addresses the strategic issues related to the commercialization of
 nanotechnology.  The survey abstract is available at: or .
     "The survey of manufacturing industry units shows the increased
 significance of nanotechnology to both traditional and emerging fields in the
 last five years.  In 2000, one could identify only a handful of companies with
 nanotechnology programs.  In 2005, 18% of the surveyed industries are already
 marketing products incorporating nanotechnology, about 80% expect to
 commercialize nano-products by 2010, and almost all those surveyed expressed
 confidence that their organizations will be involved with nanotechnology in
 the long run after 2010.  Such expansion of industrial relevance of
 nanotechnology has been a goal of the National Nanotechnology Initiative
 (NNI)," said Dr. M.C. Roco, key architect of the NNI, and Senior Advisor for
 Nanotechnology at NSF.  "The executives showed close consensus on the barriers
 the industry faces," said NCMS Principal Investigator, Dr. Manish Mehta.
     This survey report has value to many different groups.  Commercial
 organizations can use this report to benchmark their organization and learn
 from those in other industry segments.  The investment community and service
 providers now have a better profile of the growth trends as well as the
 maturing and emergent nanotechnology markets.  Trade organizations, State,
 Federal and regional entities can benchmark across regions and incorporate the
 information in planning policy and public investments to promote the industry
 and improve the nation's competitiveness in this high-stakes field.
     About NCMS
     NCMS is the largest cross-industry collaborative R&D consortium in North
 America, and is the only consortial effort in the U.S. devoted exclusively to
 manufacturing technologies, processes and practices.  NCMS has 20 years of
 experience in the formation and management of complex, multi-partner
 collaborative programs, and is backed by corporate members representing
 virtually every sector of the manufacturing community.
     For more information contact Dr. Manish Mehta, at (734) 995-4938, , or visit

SOURCE National Center for Manufacturing Sciences