With its Continuous Developments and Advancements the Nanotechnology Market is Expected to Surpass $1,000 Billion by end 2010

Oct 27, 2005, 01:00 ET from Research and Markets

    DUBLIN, October 27 /PRNewswire/ -- Research and Markets
 (http://www.researchandmarkets.com/reports/c26582) has announced the addition
 of The World Nanotechnology Market 2005 to their offering.
     (Logo: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH)
     Nanotechnology, the science of minuscule molecule with its continuous
 developments, is undoubtedly becoming a very important aspect for modern
 life. Its impact is most felt in sectors like biotechnology, electronics,
 energy and industrial products. The nano tools of nanostructured materials
 are used to make items like nanotubes, nanoelectronics, nanocatalysts,
 nanophotonic devices, nanosensors and other nano devices.
     A market research report "World Nanotechnology Market - An industry
 Update (2005)" is an in depth study of the commercial potentials and the
 economic advantages of this recent technology in the global nanotechnology
 market. The market research report predicts that nanotechnology would exceed
 $1,000 billion by end 2010 in the world economy. The increase in demand for
 nanoscale materials, tools and devices would reach $28.7 billion in as soon
 as 2008. These would help medical scientists, engineers and other researchers
 to invent and innovate in the fields of health, IT, communications and
 consumer goods.
     To facilitate R&D, government has increased nanotechnology spending to
 over $3 billion per annum. At the same time, the venture capitalists have
 also increased their investments six times over the previous two years. For
 instance, companies like Intel, IBM, DuPont, 3M, General Electric, Samsung
 and Hitachi have spent $3.8 billion in 2004. This has been divided into 46%
 by nanotechnology companies in North America, 36% by Asian companies, 17% by
 European companies and about 1% by rest of the world. The National
 Nanotechnology Initiative has declared a fund of $982 million for
 nanotechnology R&D for 2006.
     The market research report deals with nanotechnology applications
 worldwide. It gives the status of nanotechnology patents and IP, market for
 nanoparticles, and annual sales of nanotechnology tools and instruments. The
 market research report delineates the activities of important companies, the
 national and local governments' expenditure on nanotechnology R&D in emerging
 technologies and evaluates the challenges and how to overcome them.
     Report Highlights
     Milestones in the development of nanotechnology.
     Global nanotechnology market trends, 2004-2008
     Global Nanotechnology industry structure by geographical regions,
 components/products and applications.
     Current and potential nanotechnology applications' market growth
     Applications and end users with the greatest commercial potential through
     Government and private companies' expenditures for research and
 development in nanotechnology industry.
     Number of patents filed in Nanotechnology sector in 2004-05
     Factors that will influence the long-term development of nanotechnology
     Social and economic impact of Nanotechnologies
     Mergers and acquisitions in Nanotechnology industry during 2004-05
     Important developments and breakthroughs.
     Report Features
     The market research report is essentially meant for entrepreneurs,
 venture capitalists, marketing executives, government officials and other
 readers to give an idea of this market in the next 5 years. Chapter 3 tells
 about global nanotechnology market - its industry structure of 2005 by
 regions, components/ products and applications, number and size of
 nanotechnology firms and status/ impact of nanotechnology on economy and
 society worldwide while, chapter 5 talks about nanotechnology research and
 development expenditure by geographical regions, national agencies and
 organizations. Chapters 6, 7, 8, and 9 give an analysis of nanotechnology
 patents, public attitudes on this industry, mergers and acquisitions and
 recent industry activities and developments respectively. Finally chapter 10
 gives the company profiles of key players.
     For more information visit
     Laura Wood
     Senior Manager
     Research and Markets
     Fax: +353-1-4100-980

SOURCE Research and Markets