Nanotechnology Market Demand, Growth, Trend, Business Opportunities, Manufacture

1. Nanotechnology Market2020 - 2028 www.emergenresearch.com The global nanotechnology market size is expected to reach USD 290.93 Billion at a steady CAGR of 18.3% in 2028, according to latest analysis by Emergen Research.

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5. Market Summary The global nanotechnology market size is expected to reach USD 290.93 Billion at a steady CAGR of 18.3% in 2028, according to latest analysis by Emergen Research. Nanotechnology market revenue growth is driven by increasing demand for miniature devices, advancements in technology, and rising investment in research & development by manufacturers for development of miniature technological devices. Nanotechnology is expected to transform the way energy is obtained and used, and will make solar power more economical by reducing manufacturing cost of solar panels and related equipment and systems. It will also open up newer methods for generating and storing energy. Nanotechnology has scope to improve drug-delivery systems and lead to cheaper and more reliable systems. Materials built on nanoscale can enable advancements in encapsulation systems that protect and secrete enclosed drugs in slow and controlled manner. It can prove to be a valuable solution in countries that do not have adequate storage facilities and distribution networks. Nanotechnology raises the possibility of microscopic recording devices which can be virtually undetectable, and the technology can also be weaponized. Key players in the market Fujitsu laboratories, Ltd., Bayer Material Science, Ademtech, GE Healthcare, IBM research, Hewlett-Packard Co., Intel, Altair Nanotechnologies Inc., Cypress Semiconductor, and Cortex Biochem. Get a sample of the report - https://www.emergenresearch.com/request-sample/587 www.emergenresearch.com

6. Market Summary • Some Key Highlights From the Report • In March 2021, Identify Sensors Biologics, which is a firm engaged in the development of a rapid diagnostic platform for detecting pathogens, including SARS-CoV-2, entered into a partnership with Purdue Research Foundation. Identify Sensors Biologics approached Purdue to develop a nanosensor designed to detect specific pathogens in the food supply chain before the onset of the COVID-19 pandemic. After the pandemic, the company pivoted to start developing a platform for detection of virus that started COVID-19. • Nanomaterials segment accounted for largest revenue share in 2020 as application of this technology spans various industries. The environment preservation processes use nanomaterials to make nanowires which are used in solar cell and for the treatment of polluted water. • Nanoparticles improve the efficiency of fertilizers. Tiny sensors monitor pathogens on crops and livestock as well as measure crop productivity. It is used to detect the presence of pathogens in food and increase food production by improving mechanical & thermal resistance. It also decreases oxygen transfer in packaged products. • Asia Pacific registered the fastest revenue share growth rate in 2020 due to increased application of nanotechnology by China. Rapid development of nanotechnology-based science and technology in China has attracted global attention.

7. Market Summary • Emergen Research has segmented the global nanotechnology market on the basis of type, industry : • Type Component Outlook (Revenue, USD Billion; 2018–2028) • Nanomaterials • Nanocomposites • Nano devices • Nano tools • Others • Industry Outlook (Revenue, USD Billion; 2018–2028) • Food and Agriculture • Healthcare • Information and Technology • Environment • Energy • To read more about the report, visit -https://www.emergenresearch.com/industry-report/nanotechnology-market

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