PRZOOM - /newswire/ -
Noida, Uttar Pradesh, India, 2010/09/08 - With the increasing R&D expenditure on nanotechnology, the market is projected to grow at a CAGR of over 18% during 2010-2013.
The smaller size of mobile phones has opened the doors for the individual mobile phone components using nanotechnology. As per our recent research report “Nanotechnology Market Forecast to 2013”, the market for nanotech-enabled components in wireless handsets will grow at a CAGR of more than 60% between 2009 and 2013. Other areas like Nano-water, Quantum Drops, Nanofibres and Nanocoating will also grow rapidly during the same period. Additionally, the market for nanotechnology in Energy Applications will climb to US$ 700 Million by 2013, at a CAGR of around 50% since 2010.
Our research indicates that the major application areas of nanotechnology vary widely from cosmetics to defense. Besides, R&D funding by the government, corporate, and venture capitalist will fuel the money in nanotechnology market to develop innovative products. Our report studies various countries across the globe to analyze nanotechnology market. These countries include the US, Germany, Japan, South Korea, Taiwan, France, the UK, China, Brazil, Russia, and Australia. We have chosen the countries on the basis of recent developments and future growth potential.
To give the client an unbiased view of the market, our report has analyzed the growth inhibitors along with the growth drivers. As per our research, health and environment concern is one the major area which needs to be addressed properly. Further, our team of analyst has studied the use of nanotechnology products region wise. Based on the current news of the industry, we have analyzed the prevailing market trends in the nanotech market.
“Nanotechnology Market Forecast to 2013”, is a comprehensive research report that comprises quality research and in-depth analysis on the nanotechnology industry across the globe. It studies the emerging market trends, 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 a new entrant in the 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.