Global Nanotechnology Market Outlook
IndustryARC’s market research analysts have derived a report on nanotechnology market, according to their market analysis, the global market size is estimated at around $45 billion to $50 billion as of 2018. The colossal market revenue for the nanotechnology market is expected to further rise at a positive CAGR of 13% during the forecast period of 2019 to 2025. The Asia-Pacific region grabs the highest market share among all the region. With a market share of around 32%, the APAC region is projected to induce a whopping profit for the nanotechnology market in the near future. In terms of application, the electronics and semiconductor industry is the largest contributor in the nanotechnology marketplace. With a dominant CAGR of almost 15% during the aforementioned forecast period, the electronics and the semiconductor industry is expected to boost the market growth in the nanotechnology market. The report is titled “Nanotechnology market: by type (Nano composites, Nano devices, Nano tools, Nano materials and others), by applications (medicine & healthcare, environment, ICT, energy, Nano EHS and others), by end-user industries (biotechnology, cosmetics, textile, electronics & semi-conductor, automobile and others) - forecast (2019 - 2025).”
Nanotechnology is the manipulation of matter at an atomic and molecular level. Nanotechnology deals with the quantum mechanical effects of molecular nanotechnology at a nanometers scale. Basically, nanotechnology is the ability to construct things at a nanometer level. The continuously increasing demands for nano-products from end-user industries such as electronics, energy, biomedical, cosmetics, defense, automotive, and agriculture are responsible for the growth in the nanotechnology market.
Browse 65 Market Tables, 177 Figures spread through 179 slides and an in-depth TOC “Nanotechnology Market (2019 - 2025)”
Global Nanotechnology Market Players- Competitive Landscape:
As per the IndustryARC business analysis, the key players dominating the demography are:- Nanosys Inc, QD Vision, Arkema, 3rdTech Inc, NanoMaterials Ltd, ELITechGroup, Bruker Nano GmbH, NanoMaterials Ltd, QuantumSphere, Inc., Acusphere, Inc
The company Nanosys technology uses nanotechnology to build its quantum dots display. The quantum dot display provides features such as unmatched color, realistic brightness, and extreme quality. Nanosys teamed up with electronic materials manufacturer Hitachi Chemical as the lead manufacturer of Hyperion QDEF. Hyperion QDEF is expected to augment considerate profits for the nanotechnology market especially from the European Union regions. As the technology does not need exemptions to the European Union’s Restrictions on Hazardous Substance (RoHS) Directive. This is because the company manufactures Hyperion QDEF using a feasible technique that combines cadmium-free red emitter with an ultra-low cadmium green emitter, giving the technology a clear path for rapid development at a reasonable cost.
The American company 10Angstorms is one of the market leaders in the US nanotechnology market. The company regularly invests in its R&D department which has armed them with a fleet of inventing products. The company is popular among the people for their extraordinary sales and manufacturing services. The company is also involved in the development of 3D printers, one of the hottest products in the market. The developments in the nanotechnology has lead the company to develop customer-oriented 3D printers.
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