Noida, India (PressExposure) December 22, 2009 -- Nanotechnology is an evolving technology that has influenced a large number of industrial segments and is set to play a pivotal role in the development of several other segments. With increasing usage of nanotechnology in various applications such as energy, water, environmental applications and consumer goods, the market is expected to grow at a CAGR of around 20% during 2009-2013, says our new research report "Nanotechnology Market Forecast to 2013".
Our report has found that considering the importance of nanotechnology that can transform the global economy, countries across the world are investing millions and billions in research and development (R&D) of the technology. Government support for nanotechnology has been found not only in advanced nations, but in the developing world as well; for example, China, Taiwan and South Korea, which are seeking to coordinate nanotechnology at the national level.
According to the report findings, at the regional level, the Asia Pacific region will experience the fastest growth in market for nanotechnology enabled goods, with CAGR pegged at around 52% for the forecast period, followed by Europe. The recent moves of emerging markets such as India, China and Russia in the field of nanotechnology research and development will continue to be the most prominent factor behind growth in these countries. In this regard, our report provides country level analysis of nanotechnology developments in key and emerging markets.
"Nanotechnology Market Forecast to 2013" offers extensive research and detailed analysis of the past, current and future trends of the global nanotechnology market and highlights the recent developments. The report studies the nanotechnology industry by segmenting it into areas of major applications and R&D investment. It also features forecast for various potential growth segments, including nanotechnology in medical applications, water management, quantum-dots, use of nanoparticles in energy applications and wireless handsets.
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