Nanotechnology Market Key Players, Growth, Share and Forecast Till 2030

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According to the most recent analysis by Emergen Research, the size of the worldwide nanotechnology market reached USD 2.4 billion in 2021 and is projected to see a revenue CAGR of 34.0% over the forecast period. Between 2021 and 2030, factors such as increased demand for microwave heating systems for commercial and industrial usage as well as expanding applications in radar systems to produce high-power microwave signals are predicted to boost market revenue growth. Additionally, the commercial deployment of base stations has been increasing in nations like the United States, South Korea, and China, which has accelerated the growth of the information technology (IT) and telecom industries.

In 2018, North America has the greatest market share worldwide for nanotechnology. Large research facilities and centres are mostly to blame for this in the area. Additionally, the market in the region is expanding due to the rising demand for nanotubes from sectors like electronics, pharmaceuticals, and chemicals. Additionally, Asia-Pacific (APAC) is anticipated to experience the fastest growth during the forecast period as a result of rising government, manufacturing, and healthcare sector investments in nanotech devices, as well as rising demand for biomedical devices and growing public awareness of the need to reduce greenhouse gas emissions.

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Some Key Highlights from the Report

  • Some major companies in the global market report include Fujitsu, Altairnano, Nano Magic, LLC., Imina Technologies SA, Kleindiek Inc., eSpin Technologies, Advanced Nano Products Co., Ltd (ANP), Biosensors International Group, Ltd., Nanonics Imaging Ltd. and Nanosys Inc.
  • Due to the strong presence of key firms offering nanotechnology solutions, the Asia Pacific market is anticipated to record a noticeably quick rate of revenue growth. Increasing government research funding for the creation of tiny technical devices, as well as expanding utilisation of nanotechnology in medical diagnosis and treatment, including the COVID-19 vaccine, are some key factors anticipated to propel market expansion in the area.
  • In order to create a nanosensor design that can detect specific pathogens in the food supply chain, IdentifySensors Biologics and Perdue Research Foundation partnered in March 2021. IdentifySensors Biologics is a company working to develop a rapid diagnostic platform for detecting pathogens, including SARS-CoV-2.

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Emergen Research has segmented the global nanotechnology market on the basis of type, application, end-use, and region:

Type Outlook (Revenue, USD Billion; 2019–2030)

  • Nanosensor
    1. Optical Nanosensor
    2. Chemical Nanosensor
    3. Physical Nanosensor
    4. Biosensors
    5. Others
  • Nanodevice
    1. Nanomanipulator
    2. Nanomechanical Test Instruments
    3. Nanoscale Infrared Spectrometers
  • Nanomaterials
  • Others

Application Outlook (Revenue, USD Billion; 2019–2030)

  • Information Technology (IT)
  • Homeland Security
  • Medicine
  • Transportation
  • Food Safety
  • Environmental Science
  • Others

End-use Outlook (Revenue, USD Billion; 2019–2030)

  • Food & Agriculture
  • Energy
  • Manufacturing
  • Aerospace & Defense
  • Healthcare
  • Personal Care & Cosmetics
  • Others

Regional Outlook (Revenue, USD Billion; 2019–2030)

  • North America
    1. S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. France
    3. K.
    4. Italy
    5. Spain
    6. Benelux
    7. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Turkey
    5. Rest of MEA

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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