Nanotechnology Market by Type, End-User - Global Forecast 2024-2030

List of Tables

[195 Pages Report] The Nanotechnology Market size was estimated at USD 13.00 billion in 2023 and expected to reach USD 14.86 billion in 2024, at a CAGR 15.37% to reach USD 35.36 billion by 2030.

Nanotechnology encompasses the production, commercialization, and application of materials, devices, and systems at the nanoscale level (1-100 nanometers), enabling the manipulation of matter at atomic, molecular, or supramolecular scales. This multidisciplinary field spans numerous sectors, such as electronics, medicine, energy production, environmental protection, and material engineering. Nanotechnology continues to revolutionize various industries through its ability to control matter on a minuscule scale, enhancing product performance and functionalities. The increasing government funding for research and development activities in various countries, growing demand for miniaturization in electronic devices propelling advancements in nanoelectronics and semiconductor technologies, and rapid expansion of applications across diverse industries such as healthcare (drug delivery systems), renewable energy (solar cells), textiles (smart fabrics), automotive (nanocoatings), aerospace (high-strength materials). On the contrary, the high cost of nanotechnology and issues with deploying nanotechnology devices hinder market growth. However, integrating nanotechnology with emerging technologies such as artificial intelligence (AI), Internet of Things (IoT) robotics, and big data analytics can broaden the scope for potential developments. The increasing focus on sustainable green technology solutions for environmental challenges is also expected to contribute significantly to market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 13.00 billion
Estimated Year [2024]	USD 14.86 billion
Forecast Year [2030]	USD 35.36 billion
CAGR (%)	15.37%

Type: Adaptability of silver nanoparticles in healthcare products for their antimicrobial properties

A nano device is a minute structure or system that operates at the nanoscale level, typically ranging from 1 - 100 nanometers in size. These devices have numerous applications in various industries, including electronics, medicine, and renewable energy. Due to their small scale and high efficiency, they offer significant advantages such as reduced power consumption, improved performance, and increased precision. Need-based preference for nano devices largely depends on their application; for instance, medical professionals may utilize them for targeted drug delivery or diagnostics, while engineers may employ them in developing advanced materials or electronic components. A nanomanipulator is a highly specialized device used for precisely manipulating and characterizing materials at the nanoscale level, allowing researchers to interact with and control objects as small as individual atoms or molecules, enabling the development of advanced nanotechnologies in various fields such as electronics, biomedicine, and material science. Nanomechanical test instruments are essential tools designed to determine the mechanical properties of materials at the nanoscale. Nanoscale infrared spectrometers represent an advanced class of analytical instruments that couple infrared spectroscopy with atomic force microscopy (AFM) or scanning near-field optical microscopy (SNOM). Nano materials are substances engineered at the nanoscale level to exhibit unique properties distinct from their bulk counterparts. They come in various forms, such as nanoparticles, nanocomposites, and nanofilms, and are used across multiple industries such as automotive, aerospace, healthcare, and consumer goods due to their enhanced mechanical strength, electrical conductivity, or magnetic properties. The choice of a specific nano material depends on its desired characteristics and functionality; graphene is preferred for its exceptional strength and conductivity in electronics, while silver nanoparticles are favored for their antimicrobial properties in healthcare products. Nanosensors provide electrical signals proportional to the stimulus's magnitude to detect and react to physical or chemical stimuli at the nanoscale level. A biosensor utilizes biological elements, such as enzymes or antibodies, to detect specific analytes in various environments. Chemical nanosensors are devices that use nanotechnology to identify the presence and concentration of chemical species. Optical nanosensors are based on the interaction between light and nanostructured materials to detect analytes in real-time with high sensitivity and selectivity. Physical nanosensors are devices that rely on measuring changes in physical properties at the nanoscale in response to the presence of specific analytes. These have found applications in environmental monitoring, healthcare diagnostics, food safety, and security systems due to their high sensitivity and accuracy.

End-User: Proliferation of nanotechnology in aerospace & defense for light weight materials

Nanotechnology in the aerospace and defense sector is used because of its need for lightweight, strong, and durable materials. These nanomaterials, such as carbon nanotubes and graphene, can improve fuel efficiency, reduce maintenance costs, and enhance performance in aircraft and missile systems. Nanotechnology offers immense potential for sustainable agriculture practices through smart delivery systems for agrochemicals, water conservation techniques, and biodegradable packaging materials. In the chemical industry, nanotechnology revolutionizes catalyst design for highly efficient processes that minimize waste production. Nanocatalysts provide enhanced surface area for reactions at lower temperatures and pressures than conventional catalysts, reducing energy consumption while maintaining productivity. Nanotechnology has enabled the miniaturization of electronic components such as transistors and sensors, leading to faster and more efficient devices while reducing manufacturing costs. The energy sector has seen significant advancements in renewable energy systems such as solar panels and fuel cells due to nanotechnology innovations. Nanotechnology has made significant strides in targeted drug delivery systems, diagnostics, regenerative medicine, and implantable devices within the healthcare sector. Major pharmaceutical companies are researching nanoparticle-based formulations for more effective cancer treatments with reduced side effects compared to traditional chemotherapy drugs. Manufacturing industries are adopting nanotechnology-enabled products for improved wear resistance, corrosion protection, and enhanced mechanical properties of components, leading to extended service life. Noteworthy manufacturers are utilizing nanostructured coatings and advanced composite materials for automotive parts to reduce weight while maintaining structural integrity. Nanotechnology also plays a significant role in enhancing vehicle safety features. For instance, nanostructured coatings can be applied on windshields to provide self-cleaning properties through hydrophobicity (water repellency) while maintaining transparency even under harsh weather conditions. Moreover, nanoparticles can be incorporated into lubricants to reduce friction between moving parts thereby improving engine efficiency and reducing fuel consumption.

Regional Insights

In recent years, the increasing demand for advanced materials, healthcare innovations, and novel electronic devices has fueled the expansion of this sector. Extensive research activities, public and private entity investments, and collaborations between industry players worldwide back this growth. The United States has emerged as a hub for nanotechnology development in the Americas region, particularly North America. The National Nanotechnology Initiative (NNI), launched by the U.S. government in 2000 to coordinate federal investments in nanoscale science and engineering research, significantly contributed to this leading position. Moreover, several American academic institutions, such as MIT and Stanford University, are leading centers for nanotech research programs. Within South America, countries such as Brazil have shown considerable potential to adopt nanotech-driven solutions in the agriculture and clean energy sectors. The Asia-Pacific region exhibits rapid growth owing to its competitive advantage in manufacturing industries and rising R&D investments, with China, Japan, India, and South Korea investing significantly in nanotechnology. Furthermore, India's growing prowess in information technology has led to increased adoption of nanotechnology within electronic components manufacturing processes. Additionally, governments across Asia-Pacific have established dedicated nanotechnology departments and centers that facilitate collaborative research efforts among regional stakeholders. The EMEA region showcases commendable growth rates in nanotechnology driven by strong European leadership stemming from major economies such as Germany and France, along with active participation from Scandinavian countries known for their advanced technological capabilities in fields such as material science and biotechnology. The European Union (EU) has initiated several funding schemes, including the Horizon 2020 program, which has allocated significant investment to nanotechnologies and advanced materials research projects during the 2014-2020 period. Middle Eastern countries, including Saudi Arabia and the United Arab Emirates, are embracing nanotech applications in areas such as water desalination and solar energy, while African nations such as South Africa are exploring possibilities of using nanotechnology for the development of solar cells, nanophase catalysts, and electro-catalysts.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Nanotechnology Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Nanotechnology Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Nanotechnology Market, highlighting leading vendors and their innovative profiles. These include 3M Company, actnano Inc., Advanced Nano Products Co., Ltd., Agilent Technologies Inc., Alemnis AG, Altairnano, American Boronite Corporation, American Elements, Applied Materials, Inc., Applied Nanotech, Inc., Arkema S.A., Ascensus Specialties LLC, BASF SE, Bruker Corporation, DuPont de Nemours, Inc., eSpin Technologies, Inc., Eurofins Scientific SE, Fortis Life Sciences, Imina Technologies SA, KLA Corporation, Kleindiek Nanotechnik GmbH, Nanonics Imaging Ltd., Nanophase Technologies Corporation, Nanosurf AG, Nanosys Inc., Oxford Instruments PLC, P2i Limited, QuantumSphere, Inc., Reade International Corp., Sila Nanotechnologies, Inc., Taiwan Semiconductor Manufacturing Company Limited, Thermo Fisher Scientific Inc., US Research Nanomaterials, Inc., and Zyvex Corporation.

Market Segmentation & Coverage

This research report categorizes the Nanotechnology Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Nano Device
  - Nanomanipulator
  - Nanomechanical Test Instruments
  - Nanoscale Infrared Spectrometers

Nano Materials
- Nano Composites
- Nano Textiles

Nano Sensors
- Biosensors
- Chemical Nano sensor
- Optical Nano sensor
- Physical Nano sensor

End-User
- Aerospace & Defense
- Agriculture
- Automotive & Transportation
- Chemical
- Electronics
- Energy
- Healthcare
- Manufacturing

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Nanotechnology Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Nanotechnology Market?

3. What are the technology trends and regulatory frameworks in the Nanotechnology Market?

4. What is the market share of the leading vendors in the Nanotechnology Market?

5. Which modes and strategic moves are suitable for entering the Nanotechnology Market?

Product Code: MRR-4358917D63A1

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing trend of miniaturization products across various industries
  - 5.1.1.2. Rapidly growing electronics and IT industry
  - 5.1.1.3. Increasing adoption of nanotechnology in medical & healthcare
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with nanotechnology
- 5.1.3. Opportunities
  - 5.1.3.1. Rising government support in research and development activities
  - 5.1.3.2. Technological advancements in nanotechnology
- 5.1.4. Challenges
  - 5.1.4.1. Environmental and health risks associated with nanotechnology
5.2. Market Segmentation Analysis
- 5.2.1. Type: Adaptability of silver nanoparticles in healthcare products for their antimicrobial properties
- 5.2.2. End-User: Proliferation of nanotechnology in aerospace & defense for light weight materials
5.3. Market Trend Analysis
- 5.3.1. Presence of well-established nanotechnology research institutes and strong government support in the Americas region.
- 5.3.2. Strong regional funding and initiatives to promote nanotechnology across agriculture, electronics, and material science in the Asia-Pacific
- 5.3.3. Availability of continuous government support in nanomaterials in EMEA region
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis

6. Nanotechnology Market, by Type

6.1. Introduction
6.2. Nano Device
6.3. Nano Materials
6.4. Nano Sensors

7. Nanotechnology Market, by End-User

7.1. Introduction
7.2. Aerospace & Defense
7.3. Agriculture
7.4. Automotive & Transportation
7.5. Chemical
7.6. Electronics
7.7. Energy
7.8. Healthcare
7.9. Manufacturing

8. Americas Nanotechnology Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Nanotechnology Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Nanotechnology Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. IFFCO Signs Agreement for Export of Nano Liquid Urea to United States
- 11.3.2. Real Tech Fund Invests in Nano Frontier Technology, a startup developing the World's best Solar Heat Absorber
- 11.3.3. Nanotech-Enabled Skinpatch to Monitor Human Health Signals
- 11.3.4. Investing Big in Graphenest: Portuguese Nanotechnology Company Raises EUR 1.8 Million for Graphene-based Innovations
- 11.3.5. Culp Launches Wellness-Focused Fabric Technology
- 11.3.6. Summit Nanotech Opens Chile Facility to Expand denaLi Direct Lithium Extraction
- 11.3.7. Amcor Begins Joint Research Project with Nfinite Nanotechnology
- 11.3.8. NanoTech Inc. Launches Flagship Product, Nano Shield Cool Roof Coat, through Nationwide Partner Program
- 11.3.9. Nano Labs Launches New Self-Developed A-Series iPollo Computing Devices
- 11.3.10. Coromandel International Develops Nanotechnology-Based Fertilizer
- 11.3.11. Nanotech Energy, Inc. Reveals Plans for New GBP 1 Billion UK Gigafactory
- 11.3.12. Summit Nanotech Secures USD 50M for Lithium Extraction Technology to Support the Energy Transition to Net Zero
- 11.3.13. ENTOD Pharma Launches Nanotech-based Ocular Aesthetic Range of Products
- 11.3.14. Asian Paints Enters into Nanotechnology Partnership with Harind
- 11.3.15. Henkel Acquires Advanced Materials Start-Up NBD Nanotechnologies Inc.
- 11.3.16. Applied Materials Broadens its Technology Portfolio for Specialty Chips with Acquisition of Picosun

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio