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Posted: September 28, 2009
Frost + Sullivan: Significant Growth in Nanotechnology During the Next Decade
(Nanowerk News) The global Nanotechnology market will burgeon as leading corporations, firms, research entities, government agencies and venture capitalists jump on the abundant commercial opportunities already germinating in a recovering economy.
Frost & Sullivan anticipates that renewed, if not reinforced, interest in the broad Nanotechnology landscape will go hand in hand with the gradual economic upswing, spearheaded by breakthrough developments in nanomaterials, nanocoatings, and nanodevices.
Fuelled by the constant stream of major players entering the market and by frequent technological breakthroughs, the global Nanotechnology market has been abuzz with activity. Thanks to substantial advances in nanotech-enabled products, the markets for nanomaterials including nanotubes and nanocomposites will flourish in the coming decade.
However, because the application needs of the various industries such as electronics, aerospace, transportation, automotive are so diverse, the metrology tools necessary for R&D will have to be improved in order to realise the true potential and benefits of nanotechnology.
"Given that the Rusnano Forum is a 'sui generis' event in the CEE & CIS regions, it presents a unique opportunity to observe first hand the developments and trends of the future. Anyone with vested interests in the Nanotechnology world will find the conference extremely useful", remarks Ankit A. Shukla, Industry Manager, Technical Insights - Frost & Sullivan.
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