Press release
Development with emerging technology with Nanotechnology Market - Thermofisher, Hitachi (Hitachi High Technology)
The Nanotechnology Market is estimated to surpass $132.41billion by 2023 growing at an estimated rate of more than 19.8% during 2018 to 2023, majorly driven by the ever increasing application base of nanotechnology. The increasing emphasis on renewable and sustainable energy sector with the use of low cost materials fuels the growth of nanotechnology marketThe global nanotechnology market is expected to exceed US$ 125 Billion mark by 2024. Nanotechnology continues to have a broad and fundamental impact on nearly all sectors of the global economy, namely electronics, energy, biomedical, cosmetics, defense, automotive and agriculture among others. The factors such as advancement in technology, increasing government support and private sector funding for R&D, growing demand for miniaturization of devices, and strategic alliances between countries are expected to drive the global nanotechnology market growth.
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Who are the Major Players in the Nanotechnology Market?
The players profiled in the report include Showa Denko K.K., Agilent Technologies, Samsung (QD Vision), and so on.
Global Nanotechnology Market & Forecast to 2024 - By Applications
1. Electronics
2. Energy
3. Cosmetics
4. Biomedical
5. Defense
6. Food/Drink and Agriculture
7. Automotive
8. Others
Market Research and Market Trends of Nanotechnology
3D printing is a major issue which has resulted in low strength and brittleness of the structures. Therefore, to solve this problem, the researchers in the USA are providing 3D-printed structures on the nanoscale. The increasing use of 3D-printed structures for construction, medicine, manufacturing and so on has driven the demand for the nanotechnology market. .
The latest development of nanotechnology has led to the innovation of opportunities in the field of nanobots for enhancing drug delivery and disease treatment.
The opportunity for reaping the benefits from rising defense and space research investments in nanotechnology through long-term partnerships and providing profit by enabling nanotechnology-based applications will enhance the factors like communication, monitoring of health and surveillance.
The investment opportunities in the food and pharmaceutical industry for nanopackaging in emerging economies will foster the nanotechnology market.
Global Nanotechnology Market (by Component and Applications), Funding & Investment, Patent Analysis and 27 Companies Profile & Recent Developments - Forecast to 2024” provides a comprehensive assessment of the fast-evolving, high-growth Global Nanotechnology Industry.
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