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: http://www.ncms.org or http://www.nsf.gov/nano/ . "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, email@example.com , or visit http://www.ncms.org.
SOURCE National Center for Manufacturing Sciences