Global Nanotechnology Market to Reach US$30.4 Billion by 2015

Global Nanotechnology Market to Reach US$30.4 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global outlook on the Nanotechnology Industry. Nanotechnology products present potential for cheaper, faster, and more environmental friendly applications and therefore continue to retain its importance in the global R&D and commercialization efforts. Backed by huge number of Government sponsored projects, demand for nanotechnology enabled products continues to remain encouraging, thus projecting a positive outlook for the overall market.

San Jose, California (PRWEB) January 20, 2012

Follow us on LinkedIn – The diversity of nanotechnology is far outreaching than other technologies. Nanotechnology is an enabling technology that presents new ways of manufacturing products, overwhelming the available methods in any conceivable technology discipline. Although the recent worldwide economic recession caused significant deceleration in growth momentum, the world market for nanotechnology-enabled products has successfully ridden the worst-ever downturn without recording hurting erosions in market value. This positive trend for the nanotechnology market can be primarily attributed to the demand for these products in Defense and Pharma & Healthcare segments, which displayed greater resilience to the economic turmoil than most of the other end-use markets. Government support for nanotechnology has been the primary motivating factor for the industry in the last few years. Following the resurgence in growth fundamentals such as improvement of business scenario in key markets such as semiconductors, electronics, chemicals, automotives, among others, and increase in government and private sector funding on R&D, the global nanotechnology market is recovering poise and is projected to witness robust growth in demand in the next few years.

Nanotechnology is a well funded industry. Government funding and corporate research and development spending account for the majority of funds. Funds from venture capitalists is however low. The US government leads other governments in terms of nanotechnology spending, followed by the Japanese and German governments. Corporate funding is also the highest in the US. One of the prominent factors hampering rapid commercialization of nanotechnology is the time delay in establishing labs for the necessary R&D. Besides, after obtaining funds, a minimum of another year-and-a-half is consumed in establishing a full-fledged nanotech research laboratory.

Chemical industry currently dominates the Nanotech arena in terms of maturity of R&D efforts and actual product commercialization. Among the product segments, Nanomaterials are emerging as the most lucrative segment with a large number of related technologies already commercialized and earning revenues for the sector.Nanofilms are making rapid strides in the global market driven by their expanding application in a range of commercial sectors including high efficiency solar cells, light-emitting diodes, photonics, wireless communications, and semiconductor technology. While the US and Europe continue to remain the major geographic markets for nanotechnology industry until 2015, their market shares are expected to decline over the next few years. In contrast, the share of Asia Pacific in the nanotechnology market is expected to grow substantially, thanks to the steady investments in this field of science. Governments of Asia-Pacific region have embraced nanotechnology with much enthusiasm and been more favorable to its development compared to the other regions. Recent R&D initiatives by emerging economies such as China, Russia and India in the area of nanotechnology, will significantly contribute to the growth of nanotechnology enabled products in future.

The research report titled “Nanotechnology: A Global Outlook” announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global nanotechnology industry, identifies major short to medium term market challenges, and growth drivers. Market discussions in the report are punctuated with fact-rich market data tables. Regional markets elaborated upon include United States, Canada, Japan, France, Germany, UK, Russia, China, India, and Middle East among others. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.

For more details about this comprehensive industry report, please visit –
http://www.strategyr.com/Nanotechnology_Industry_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Nanotechnology : The Science of the Small

Nanotechnology - The Science of the Small

By Arthur Chip Card

Could the local water works be harnessed to fuel your car? Scientists think they just may. Researchers at Sandia National Labs intend to complete development of a prototype solar cell that will convert plain water into combustible fuel! They have already demonstrated concept feasibility. Such cells, along with water, could replace oil as an automotive fuel of choice. Is this for real? How is it possible?

Water is number one fighting fires. But what if we break it down into its component parts? You remember science class, right? That's where they taught us water is made up of 2 atoms of hydrogen combined with a single atom of oxygen. Hydrogen, the most abundant element on earth, is highly explosive. Oxygen is necessary for any type of combustion. In their singular states the components of water are a burning recipe for fuel.

Sandia scientists have also developed a robot that can move, pick up, and drop a payload. Not a big deal you say? What if I told you that 20 of these androids can stand side-by-side across the width (not length) of a human hair; impressed now? Called 'motor proteins' these soldiers can be designed to seek each other out and self-assemble in predictable patterns. Nature self-assembles everything in predictable patterns, both flora and fauna. We are just now beginning to learn mother's secrets.

THE SCIENCE OF THE SMALL

Hail the world of Nano-technology, the science of the small. You'll be hearing this word "nano" a lot. From the Greek word for dwarf, you just can't get any smaller. How small? Well, it would take 80,000 nano-meters to equal the width of that human hair we just discussed. Now that's small.

This science allows us to manipulate at the atomic level for the first time.

Re-arrange the atoms of water, dirt and air, and we can create rice, or corn. If we re-arrange the atoms of coal, we can create diamonds. Or should I say, this is being done, now! Boston based Apollo Diamonds creates what it calls 'cultured diamonds' that are virtually "indistinguishable" from mined diamonds. They are real. Jewelers can't tell the difference!

Diamonds are a $60 billion industry annually. This technology promises to lower the price of diamonds by at least a third initially. What implications does this have for the tightly held global diamond trade? Can gold be far behind? And will this have implications for currency exchange?

Amazingly a survey of U.S. adults found more than half confessing no knowledge of nanotechnology at all. Only 16% of those surveyed claim "some" familiarity with the topic. Observers of nanotechnology disagree as to whether or not this is a single industry. But none disagree on the effect it will ultimately have on our lives, indeed on the very length of our lives.

THE FOUNTAIN OF YOUTH?

Just as we now have synthetic motor oils, soon we will be able to create synthetic red and white blood cells, even replacements for ailing organs.

The implications for medicine and for life are enormous. Nanotechnology and medicine will be one and the same. And we may not have long to wait. In 2003, an NYU professor shared a top ten list of hurdles nanotechnology would have to surmount to be fully viable. In just the past three years, three of these ten have been conquered.

Some of the greatest potential lies in gene therapy. Nano-genes will replace diseased ones with genetically correct copies eliminating genetic based diseases. Eventually we can even reverse the effects of cell damage attributed to aging. This could increase human life expectancy tenfold! Do you think this is science fiction? Read on!

The Methuselah Foundation encourages research into the causes and control of aging. They award prizes for research in this area. Transgenic mice have already been developed to possess higher than usual levels of the antioxidant enzyme 'catalase.' Cells employ catalase to eliminate free radicals which cause cell damage resulting in aging, as well as cancers. The genetically corrected mice have life spans 20% longer than their control mice brethren. Imagine adding 15 or 20 healthy years to your life!

Nano-bacteria could clear blood-borne infections in minutes rather than the weeks it takes for antibiotics. Scientists at NEC are reportedly developing a fast 'bio-nano' chip to conduct a complete blood analysis in little more than 60 minutes. (Today's med labs utilizing gel blocks take many more hours). Their chip recognizes proteins known to be present before a disease manifests itself. These diagnostic nano-grains bind with targeted proteins, causing an intended signal reaction. If trials go well, they'll be in use within 5 years. Comprehensive health assessments utilizing this nano-technology could cost as little as $100.

Chemotherapy involves poisoning a patient's body with toxic medication in a race to kill cancer cells before the cancer kills the patient. Serious side effects come from the solutions used to dilute the cancer killing agents. Nano-medicines have very high surface to volume ratios, resulting in far fewer and milder side effects. Greater tolerance for these nano-oncologics allow for dense doses delivered at tighter intervals.

Nobel Prize winning chemist Rick Smalley (1943-2005) was fond of posing the question, "Am I living in the last generation to die of cancer, or the first generation to be saved by nanotechnology?" We're that close!

SUPER COMPUTERS

Nano-materials promise computers running 200 times faster than today's swiftest chips. Researchers at the University of Illinois have already fabricated such nano-processors. Employing current technology a micro-chip grows more crowded to run at ever faster speeds, the heat generated threatens to melt the entire silicon based circuit.

The ability to immediately absorb and process vast amounts of data creates opportunities only imaginable previously: significant increases in reaction times for defense systems; the allocation of road/air space for traffic management; even preventing autos from colliding with each other.

MATERIALS FIRST

While the greatest ultimate impact comes from the fields of medicine and biology, it is in materials and chemicals that the first fruits are being picked. Everything can be made better through restructuring, or nano-structuring: lighter, stronger, cheaper. Materials that don't exist can be created with new and unique properties. As the initial cost of these materials falls, broader uses will naturally result.

Tennis rackets and golf clubs on the market today from both Wilson and Babolat are now twice as strong. Motorola is reportedly developing a 40" HDTV flat screen using nano-materials that will retail for only $400. Rechargeable batteries that take only one minute to regain 80% capacity have been invented by Toshiba. The unique properties of the nano-materials used rapidly accept the charge without any deterioration to the electrode. A planned launch will target hybrid autos. But this technology applies equally to your cell phone and laptop. How long does it take to recharge these now?

In the nanotech world, if you can imagine it, you can create it: automotive panels that won't dent; paints that won't scratch, peel, or fade; sunscreens that truly are; stain-proof fabrics that actually change shade for body temperature control; odorless disposable diapers; fire-proof building materials. The future is bright indeed.

INVESTORS GUN SHY

More than 30 nations have provided seed funding to ensure their people aren't left behind. The U.S. Nanotechnology Initiative was funded to the tune of $800 million in 2004 alone. The federal allocation is now over $1 billion annually. Forward looking states are jockeying to lure Nano-companies, carroting of course with tax breaks.

Despite all this opportunity, investors still reeling from the dot-com days, are sticking to the sidelines, 'cept some far sighted venture capitalists. Smelling potential, private investment flows are now three times greater than the federal outlay.

In the dot-com days all it took to offer an IPO was a desk top PC and a carefully worded business plan determined to take advantage of the "information synergies paradigm." Not so with nanotechnology. This requires real multi-discipline scientific know how from extensive research and testing. These inventions and innovations are clearly patentable. To date some 3,800 patents have been granted with another 1,700 pending. No college dorm room operations here.

As you can imagine the potential for investors in the right places are colossal. But be careful, some companies are adding 'nano' to their name whether they have anything to do with it or not. Where the money is, so too will be the tricksters.

Arthur "Chip" Card is a Marketing Strategist with more than 20 years experience marketing financial services and intangibles. He has taught Marketing Management and Quantitative Methods at a Jesuit College, and earned his Marketing MBA at Boston College. His marketing articles have appeared in regional, national, and international business journals. He can be reached by email at: a.card@comcast.net

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Who Invented Nanotechnology?

By Chris Cornell

There is no specific answer to who invented nanotechnology, but the word 'nanotechnology' was coined by Professor Norio Taniguchi in 1974.

In 1959, Richard Feynman delivered a lecture at the American Physical Meeting Society about how molecules and atoms could be manipulated using specially-designed instruments. This was simply a proposition without a term for it yet, making Richard Feynman the one who invented nanotechnology as an idea. But in 1974, Professor Taniguchi wrote a paper describing the process of combining or separating atoms or molecules. It was then that he gave the process a term. Yet, the term was popularized by Dr K Eric Drexler through his book The Engines of Creation (1986), which was the first book of this subject.

Nanotechnology followed on in the 1980s when different sciences began to emerge, as well as the existence of STM, or Scanning Tunneling Microscope. With that, in the mid-80s, fullerenes were discovered and manipulated. Semiconductor nanocrystals were also developed, further improving the field of nanotechnology. In 1987, the first protein was engineered through the technology, which subject was brought up during a symposium. The next year, universities began to offer courses in nanotechnology. With nanotechnology the new hype, in 1991, the atomic force microscope was created, as well as the use of carbon nanotubes were increased.

Despite nanotechnology still being a new area, many scientists often refer to it to produce benefits. With nanotechnology, cleaner, purer water can be created, while plants or agricultural products that are genetically engineered can see to safer products for consumption. It is also known to be able to produce cheap energy, manufacture without pollution, and create drugs and medicines that are more effective because of their nanoparticles which can absorb into cells better. The marketing trend now is to use words like nanotechnology which even household people would happily buy after.

Chris is the writer of this article, you can visit us for more information on Who Invented Nanotechnology and Who Invented Nanotubes. Visit to read more detail.

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Future of Nanotechnology in Electronics

The Future of Nanotechnology - Micro Electronics

Author: Jennifer T. Mcdonough

Nanotechnology is the technology of the future it will provide new ways of manufacturing products so that products will be smaller but more powerful.  According to NNS, 'Nanotechnology deals with objects smaller than 100 nanometers, a nanometer being 1 billionth of a meter.  For perspective, consider that the average human hair is 100,000 nanometers wide.  The aim of nanotech scientists is no less than to manipulate matter, atom by atom, into new materials, drugs, devices, even life forms'(NNS, 2004).  This explanation of nanotechnology explains exactly how small objects can be made.  In the future, this advancing technology will change the size of manufactured components so that objects will be smaller and more manageable. However, the website ‘Nanotechnology Now' was created to provide the latest information regarding nanotechnology.  They gave their own explanation on how nanotechnology can be used to construct smaller products.  According to Nanotechnology NOW, 'Nanotechnology is actually a multitude of rapidly emerging technologies, based upon the scaling down of existing technologies to the next level of precision and miniaturization' (Nanotechnology Now, 1999-2004).  With this advancing technology it will be possible to reconstruct exiting products into smaller more manageable objects.  For example, with the use nanotechnology it could be possible to transform desktop computers into computers that are the size of a watch but with more operating capacity and they will also last longer than current computers.  According to ‘Nanotechnology Now', 'Computers with the capabilities of current workstations will be the size of a grain of sand and will be able to operate for decades with the equivalent of a single wristwatch battery' (Nanotechnology Now, 1999-2004).  This technology advancement will make computers more abundant, cheaper to manufacture, faster, and smaller.

With nanotechnology cell phones are now of being uses as a telephone, television, and video camera that is small enough to carry in your pocket.   The Center for Responsible Nanotechnology supports this theory they state, 'Nanotechnology will offer the ability to construct a wide range of large objects inexpensively and with atomic precision.  It will go beyond materials and devices to complex systems of molecular machines, inspired by—but in some ways superior to—those found in nature'(Canter for Responsible Nanotechnology, 2002-2004). This technology will change the way all products are manufactured and used.  Since they will be smaller, they will be cheaper and required less resources and labor.  In addition, nanotechnology will also make products less expensive and more abundant and this will benefit society.

With the development of nanotechnology it will be possible to create new and better products that will take up less space and operate on a level that will exceed any current existing product.  Nanotechnology will change the capabilities of biology, chemistry, physics, engineering, computer science and mathematics.  For example, Cloning is a result of the advancement of nanotechnology.  However, since products will be made much smaller, there are many concern regarding nanotechnology such as, miniature bomb that will be undetected and able to do more damage that current bombs.  Despite these concerns, nanotechnology will change the way people interact in the world.  For example, cellular phone could be made into the size of a dime so that people will be able to attach these phones to their collars.  Another future event that could take place regarding nanotechnology is that it could soon be possible to create a car engine that is smaller than the tip of your finger but is able to last 10 times longer that current car engines, and it will cost less to produce making car less expensive. Nanotechnology is the technology of the future and will change the way products are made so that they are smaller are more manageable to handle.  Nanotechnology will be a huge advancement in society because this technology will reduce the resource and time needed to create certain products.  As a result, people will be able to benefit from this technology because products will be cheaper.

Reference
Newhouse News Service (NNS) Scientists, Environmentalists Spar Over Nanotechnology, Retrieved February 17, 2004 from: http://www.newhouse.com/archive/story1a090402.html

Nanotechnology Now (1999-2004)
Retrieved February 17 2004 from: http://nanotech-now.com/basics.htm

Canter for Responsible Nanotechnology (2002-2004) Retrieved February 17 2004 from: http://www.crnano.org/whatis.htm

Article Source: http://www.articlesbase.com/information-technology-articles/the-future-of-nanotechnology-micro-electronics-3994167.html

About the Author

I grew up on a farm (which my parents still own) in Richmond, Virginia), so I am a lover of animals and the country life. When I was 19, I went off to college to pursue my Bachelors Degree in Communication with a minor in Business at Georgetown University in Washington D.C.Four years later I obtained my degree (after much studying and lots of patients). After school I took a 2 year internship with a well known Broadcasting Company.  After this internship was over,  I move backed home to Virginia... missing the country life, and have been here ever since : - )

I consider myself very spiritual and a open minded person.  I love meditating and entertain my mind with the mystical side of life. In my leisure time I like knitting, horseback riding gardening, blogging, crystal digging, and reading facilitation book. One book I recently read that truly opened my eyes was. 'The Power of Your Subconscious Mind' by Joseph Murphy.  This is a must read for anyone who want to truly change their life for the best.  I also enjoy writing relevant information on fascinating subjects, which has become a career and hobby.

Impacts of Nanotechnology

Author: Shivantha Withanage

What is nanotechnology?

Nanotechnology is the study of manipulating matter on a molecular scale. In general this field deals with structures sized between 1 to 100 nanometers (nm) in at least one dimension. . In 1974 Tokyo science university professor Norio Taniguchi defined the term 'nanotechnology' as follows; 'Nano-technology' mainly consists of the processing of, separation, consolidation, and deformation of materials by one atom or by one molecule.'

Nanotechnology is not just a single technical approach. It is a scientific basis for various possible new propositions. For example fields like nanomechanics, nanoelectronics and nanophotonics are new fields which have evolved on the scientific foundation of nanotechnology. As shown above it covers a vast range in science from mechanisms in the conventional physics to absolutely new methods based on self assembly of matter. Nanotechnology deals directly with developing new materials within the nano scale and investigate possibilities and methodologies of controlling matter on the atomic scale.

Unknown history of nanotechnology.   

The concept of nanotechnology was first expressed in 'There's plenty of room at the bottom', a speech given by physicist Richard Feynman at an American physical society meeting at Caltech which was held on 1959. In this speech he described about development of methods to manipulate individual atoms and molecules.

In 1980's the basic idea of nanotechnology was explored in much more depth by Dr. K. Eric Drexler, who promoted the significance of nano-scale phenomena by the means of speeches and books such as 'Engines of Creations: The Coming Era of Nanotechnology' which is considered as the first book on nanotechnology.

Major advancement of the nanotechnology was accompanied by two major moves in the science; the origin of cluster science and the invention of scanning tunneling microscope (STM). This led to the discovery of fullerenes, which are the molecules composed entirely in carbons, in the forms of hollow sphere, ellipsoid or tube, in 1985. After few years carbon nano tubes which is a special type of fullerene was discovered.

Concepts of nanotechnology.

There are two main concepts in nanotechnology; the 'bottom-up' concept and the 'top-down' concept.

In the 'bottom-up' concept, materials are built from molecular components which have the ability of assembling themselves chemically under the principles of molecular recognition and bond formation.  DNA nanotechnology and chemical synthesis are based on this approach.

In the 'top-down' concept objects in the nano scale are constructed from larger entities. The 'top-down' concept doesn\'t involve any control of the formation of nano bodies at the atomic level.

In this scenario scaling issues would arise from changing the magnitude of various physical phenomena.

Manipulating matter.

While approaching the nano scale, properties of matter greatly changes from their properties at the macro or micro scale. Therefore at the nano level unique behaviors can be observed in the matter. Nanotechnology is about creating, studying and manipulating these special behaviors in a desired manner. By controlling these unique properties, never imagined tasks could be achieved. For example at the nano scale clay bricks are able to transmit electricity which they are completely unable to do at the macro scale. As a result we will be able to transmit electricity through specially laid paths of nano-bricks inside the walls instead of using metal cables.

Manipulating matter at the nano scale is a main focus in the field of nano science. Because all the future achievements in nanotechnology is based upon those handling methods. Without the proper and adequate control, as everything, nano materials can act in a hazardous way, that they may harm both living and non-living bodies existing. Therefore before approaching the sophisticated creations in this field, scientists should research on the basic behaviors of nano material and methods to manipulate them. That will help us to develop an effective technology.

Applications of nanotech.

Applied nanotechnology spreads in a wide area. Some scientists say nanotechnology will replace each and every existing technology on earth. By now most of the branches of science have their own subcategories of nanotechnological approaches, like nano-medicine, nano-chemistry and nano-robotics. One way of categorizing these numerous applications are according to the fundamental nano materials which have been utilized in those applications. There are three main fundamental components; Nano-surfaces, Nano-particles and Nano-tubes.

Nano surfaces are surfaces with nano scale impressions which are developed by special treatment processes. Effective surface area (a) of nano-surface is extremely higher than a similar area of normal surface. Therefore unique features can be observed in nano-surfaces. For example, if we use a nano-surface as an electrode in a electrolyte fuel cell, since the electric current (I) generated by the cell is proportional to the surface area of the electrode (I α a), with the increased surface area of the nano-electrode, higher electric current can be generated. On nano-surfaces we will be able to build nano-chips with relatively high capacity and smaller solar panels which can harvest higher solar energy. Since nano surfaces have nano scale cavities they will trap almost all the particles and microbes thus nano surfaces can be used as highly effective filters. If the cavities are so small that nothing can enter them, then nothing will be able to make contacts with the surface. So those nano surfaces can be used to develop self cleaning roofs, walls, tiles, glass and even garments.

Nano particles are the particles within 1-100nm. They are also referred as Ultra Fine Particles (UFP). These particles are specially utilized as carriers or containers. In bio-medicine these particles are used to transport medicine to the target areas inside the living bodies. This technology is a rising method of treatment for cancers.

Nano-tubes are tubes which range within 1-100nm. They are usually developed by rolling around an atomic layer in the shape of a tube. Nano tube is a main part in nano-motors and nano-rotors. They can also be utilized as transporters when the ends of the tube are closed. Nano scale conducting lines can be constructed by attaching a series of nano-tubes at ends. Key component in nano wires and nano diodes are these nano tubes.

Some of nano particles and nano tubes belong to the universal group known as fullerenes. Fullerene is a general name given to hollowed structures developed by carbon atoms. Those structures either can be spherical or tubular. Spherical fullerenes are also known as Bucky-balls, which is a fascination in the field of nano science.

The most advanced creation of nanotechnology will be the nano-robot. Those are the robots with sizes ranging 1-100nm and act at the atomic level. They can be constructed in order to function at different environments and to perform various tasks. According to the activity that they have to perform, their shape, size, components and programs will be changed. Concepts of self assembly, molecular recognition and molecular programming which are still in their early stages will have to be utilized to create nanobots. When they are on the field they can be used to detect various substances in blood and to check DNA mutations. Then it will not be necessary to draw blood samples or DNA samples from time to time and perform various lab techniques, instead robots will stay inside the body twenty four-seven and provide reports each and every second. Nanobots which are programmed to destroy viruses and bacteria can be used to fight against infections and even to provide everlasting immunity. Also nanobots can be used to degenerate and eliminate pollutants from the environment such as polyethylene and carbonmonooxide (CO).

Impacts.

Even though humans invented it and developing it, in an one particular instance it will go out from human control to its own control, because principals of self assembly have been used from the very first initiation to create it. The results of self control is beyond our imaginations. Therefore even though it is not comfortable, we should know that future of this field is unpredictable. But as human intellects we can make some good speculations about the future of nanotechnology.

Nanotechnology beyond control can be a great danger. They can be categorized as primary impacts and secondary impacts.

Primary impacts are the damage directly done by the technology; nano-robots if not programmed well or if not under proper control can cause serious problems, enter living organisms and start destroying the cells by various mechanisms such as destroying proteins and mutating genetic material, change the electric sequences of the neurons and damage the brain thus resulting mental and physical disorders. Some of these can be lethal. Nano compounds can cause various incurable diseases.

Secondary impacts are the damage result through the primary impacts; impairments of mental and physical health will lead to social and behavioral problems, mutations in genetic material will result in new species which either can be good or bad.

Since the nano materials are super efficient, invisible to the naked eye and easily spreadable through any medium, without controlling methods, they can easily cause an invasion. Therefore if we are going to advance this technology, we should first research the fundamental properties and controlling methods of them. Then we should apply those methods to the technology in order to minimize the damage potential. We should also assess the technology all the time on their practical application.

But still we can't assure a 100harm free technology. Because nanotechnology at their higher stages will develop their own mutated properties which we still do not know. At that moment we will be defense less in front of our own technology. That is why it is so important to study all feasible behaviors of nano materials and systems. That will grant us a secure, practical and an effective novel technology.

Article Source: http://www.articlesbase.com/science-articles/impacts-of-nanotechnology-5227679.html

About the Author

Shivantha Withanage is a science student. Since 2009 he is publishing on various fields of science. In 2010, he came up with his debut science project, 'Traditional Ways of Water Purification', where he attempted to evaluate the scientific basis of traditional wisdom of water purification in Sri Lanka.

Nanotechnology Global Market

Nanotechnology : A Realistic Market Assessment  

by Mary859

THIS REPORT CONTAINS

* Total worldwide sales revenues for nanotechnology were $11,671.3 million in 2009, and are expected to increase to more than $26000 Million in 2015, a compound annual growth rate (CAGR) of 11.1%.
* The largest nanotechnology segments in 2009 were Nanomaterials. All Nanomaterials will increase from $9,027.2 million in 2009 to nearly $19,621.7 million in 2015, a compound annual growth rate (CAGR) of 14.7%.
* Sales of Nanotools will experience high growth. This market segment was worth $2,613.1 million in 2009 and will increase at a 3.3% compound annual growth rate (CAGR) to reach a value of $6,812.5 million in 2015.
* Sales of Nanodevices will experience moderate growth. This market segment was worth $31 million in 2009 and will increase at a 45.9% compound annual growth rate (CAGR) to reach a value of $233.7 million in 2015.

INTRODUCTION

The previous (2008) edition of this report began by noting that the hype, both positive and negative, that has surrounded nanotechnology appears to be growing less extreme: today, rosy projections of a §trillion-dollar¨ nanotechnology market in 10 years or apocalyptic predictions about a §Faustian bargain¨ or a §Pandora's box¨[1] are heard less often.

However, while the hype may have slowed somewhat, it is still there. Growing public awareness combined with the complex, diverse nature of the technologies that are commonly grouped together under the heading of nanotechnology virtually invites misunderstanding, if not actual misrepresentation.

For example, in 2010, a respected journalist wrote a series of stories for AOL News with the title, §The Nanotech Gamble: Bold Science, Big Money, Growing Risks,¨ that faulted the U.S. government's performance in identifying and protecting the public against alleged health hazards posed by nanotechnology. One interviewee asked rhetorically, "How long should the public have to wait before the government takes protective action? Must the bodies stack up first?"

So stinging was the piece to the National Nanotechnology Initiative (NNI) and the National Nanotechnology Coordination Office (NNCO) that the director of the NNCO felt compelled to issue a formal rebuttal. According to the rebuttal, the author takes an alarmist perspective,¨ uses irrelevant examples,¨ and fails to balance the risks against the benefits of nanotechnology. As some observers have noted, the debate over the AOL News article (which was still simmering when this report was written) is at best a distraction from the research that needs to be done.

Business, academia, the media all have an incentive to attempt to cash in on nanotechnology. Various manufacturers have tacked §nano¨ onto their products and processes, whether or not they deal in nano-size elements, in an attempt to boost sales. Companies that have nothing to do with nanotechnology have   "nano¨ in their names to make them sound more technologically advanced than the competition. Some academic researchers worry that the nano buzzword is being misused to bring in research dollars for dubious technologies and applications, at the expense of legitimate research.

Hype inevitably carries with it the risk of a backlash, because it can create unrealistic expectations for nanotechnology. Then, when expectations are not met, people tend to withdraw or worse turn oppositional. A blog entry on The Bespoke Investment Group¦s website observed that:

§Back in the good old days of the mid-2000s, investors were riding a bull market wave and looking for the next big thing. One of those next big things was nanotechnology. Ever since the collapse began in 2007, however, the nanotech craze seems all but forgotten. We can't remember the last time we read or watched something about nanotech. Stocks and ETFs relating to nanotech have also lost investor interest.

As a result, legitimate nanotechnology products and applications are hurt along with the rest, as funding and markets dry up. The dot.com boom and bust provides a cautionary example of the dangers of hype, but nanotechnology has a more tangible nature because it is a set of technologies. This report takes a realistic look at the nanotechnology field and tries to provide a road map to the technologies and applications that are most likely to be commercialized in the next 5 years.

STUDY BACKGROUND

While it appears inevitable that nanotechnology will have a broad and fundamental impact on many sectors of the U.S. economy, various technical, marketing and other hurdles need to be overcome before nanotechnology fulfills this promise. These challenges and differences of opinion regarding commercial applications are reflected in the widely diverging estimates of the U.S. and global nanotechnology markets.

Estimates of the global nanotechnology market in 2010 range from about $15.7 billion (the figure used in this report) to $1 trillion. By 2015, the market may be worth more than $2.4 trillion, according to different analysts. These differences reflect not only different analytical methods and assumptions, but also different definitions of the nanotechnology market (e.g., whether to include decades-old technologies such as carbon black rubber reinforcers and photographic silver, or whether to base the market value on nanotechnology inputs alone, as opposed to the total value of products that incorporate nanotechnology).

Perhaps as a reflection of the difficulty of quantifying the market for nanotechnologies, some analysts downplay the commercial dimensions of the nanotechnology market, and focus instead on the supply side, i.e., the development of new nanoscale technologies and applications. These analysts have made valuable contributions, raising investors awareness of and interest in nanotechnologies.

However, by itself, the work of these analysts does not provide sufficient information in order to guide corporate or individual investment decisions. Investors require additional data, such as the size of specific nanotechnology markets, prices, and competition, as well as potential regulation.

STUDY GOALS AND OBJECTIVES

The goal of this report is to provide investors and others with information on the commercial potential of various nanotechnologies and to complement the growing body of technical information. Specific objectives include identifying segments of the nanotechnology market with the greatest commercial potential in the near to mid-term (2010 through 2015), projecting future demand in these segments, and evaluating the challenges that must be overcome for each segment to realize its potential in order to estimate the probability of successful commercialization.

INTENDED AUDIENCE

The report is especially intended for entrepreneurs, investors, venture capitalists, and other readers with a need to know where the nanotechnology market is headed in the next 5 years. Other readers who should find the report particularly valuable include nanotechnology marketing executives and government officials associated with the National Nanotechnology Initiative and other state-level programs that promote the development of the nanotechnology industry. The report's findings and conclusions should also be of interest to the broader nanotechnology community.

SCOPE OF REPORT

The global market for nanotechnology applications will be addressed. Nanotechnology applications are defined comprehensively as the creation and utilization of materials, devices, and systems through the manipulation of matter at scales of less than 100 nanometers. The study covers nanomaterials (nanoparticles, nanotubes, nanostructured materials, and nanocomposites), nanotools (nanolithography tools and scanning probe microscopes), and nanodevices (nanosensors and nanoelectronics).

A pragmatic decision was made to exclude certain types of materials and devices from the report that technically fit the definition of nanotechnology. These exceptions include carbon black nanoparticles used to reinforce tires and other rubber products; photographic silver and dye nanoparticles; and activated carbon used for water filtration. These materials were excluded because they have been used for decades, long before the concept of nanotechnology was born, and their huge volumes (especially carbon black and activated carbon) would tend to swamp the newer nanomaterials in the analysis.

Nanoscale semiconductors are also excluded from the study, although the tools used to create them are included. Unlike carbon black and activated carbon, nanoscale semiconductors are a relatively new development. However, they have been analyzed comprehensively elsewhere, and like carbon black and activated carbon, would tend to overwhelm other nanotechnologies by their sheer volume in the out-years towards 2015.

The study format includes the following major elements:

* Executive summary
* Definitions
* Milestones in the development of nanotechnology
* Current and potential nanotechnology applications
* Applications and end users with the greatest commercial potential through 2015
* Global nanotechnology market trends, 2009 through 2015
* Factors that will influence the long-term development of nanotechnology
* Market shares and industry structure.

METHODOLOGY AND INFORMATION SOURCES

Projecting the market for emerging technologies, such as most nanotechnology applications whose commercial potential has not yet been proven, is a challenging task, which may help to explain why many analysts focus on supply-side technology assessments. A multiphase approach was used in the preparation of this report to identify the nanotechnology applications with the greatest commercial potential and quantify the market for these applications, as described below.

In the first phase of the analysis, BCC Research identifies a long list of potential nanotechnology applications (including applications that are still under development) and mapped them against potential end-user industries, such as information technology/electronics, biotechnology, and health care. In the second phase, BCC eliminates those nanotechnology applications that appear to have little likelihood of making it into commercial production in the next 5 years. This was accomplished through a literature review and interviews with industry sources. The result of phase two is a short list of applications and end-user industries with the greatest near- to mid-term commercial potential.

The third phase focuses on quantifying the potential broader market for each short-listed nanotechnology application and identifying the main prerequisites for commercial success. Various methodologies and data sources were used to develop the projections, including trend-line projections, input-output analysis, and estimates of future demand from industry sources.

You Can read Table of Contents for the report Nanotechnology: A Realistic Market Assessment-http://www.reportsnreports.com/reports/70987-nanotechnology-a-realistic-market-assessment.html

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Nanotechnology is begining to improve our everyday lives - part 1

How Nanotechnology is begining to improve our everyday lives - part 1

Author: Prof. Benfield

Sci-fi's Fantastic Voyage predicted today's science. From the film in which scientists shrank a and injected a submarine and its crew to save a dying man to even stranger inventions.

Do you remember 'Fantastic Voyage' - the sci-fi film in which scientists shran

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k a submarine and crew, injected them into a dying man , and saved him from certain death before being resized for more adventures?

Scripted by Harry Kleiner in 1966 and novelized for Bantam paperbacks 6 months later by Isaac Asimov, it spawned an animated TV series as well as a Salvador Dali painting. Now, some 40 years later, it is seeing practical application in space and cancer medicine, as well as arguably more prosaic areas like materials science.

Today it is called 'Nanotechnology' and in this series of brief articles we'll be exploring how it is beginning to influence the world around us. It begins by linking medical and building science.

Nanontechnology in a Nutshell

The science of Nanotechnology deals with very, very small structures, usually less than 100 nanometers in diameter. With 1 nanometer being 1 billionth of a meter, you'll get some idea of how small this is by imagining the earth as having a diameter of 1 meter with 1 billion apple pips (seeds) inside it. Or, looked at another way, the dimension ratio between a meter and a nanometer is the same as between earth and an apple.

For the mathematical purists among you 1nm = 10 -09 m, i.e. 1/1,000,000,000 Einstein might have imagined this by building a train wagon in his mind, giving this a length, width and height of 1nm and then fitting this inside a few hundreds of hydrogen molecules.

For scientists and technologists this has special interest because at this size materials reveal unique properties when compared not only with ordinary bulk sized materials, but also their molecules. In essence they take advantages of properties that neither individual molecules nor molecular structures exhibit.

For example, if we could see it a gold nanoparticle deposited on a surface would appear purple, rather than shiny and 'golden' that we presently recognize.

Again, if you can imagine a molecule as having a very small atom at it's core with many electrons spinning around this, all held together by the power of attraction, then you'll get some idea of the scale of things they are working with.

Another example of particular interest to scientists and technologists currently working, or considering working in this area is that of Titanium Dioxide (titania). This is used in paints to give that extremely white, opaque finish. But nanonised titania is completely transparent.

Nanomedicine

Drug discovery, drug delivery and continuing miniaturization are three areas in which medicine has joined our Fantastic Voyage. Long-term, in-vivo diagnostics and more targeted therapy without side effects are on the horizon. Being able to look for drug targets on a cellular rather than multi-cellular, or tissue basis can be much more precise.

Biosensors and molecule probes allow cellular processes to be examined and drug development aimed at molecular targets.

Latest treatment techniques already allow a drug to be put inside a nanoparticle, like a carbon or silicon nanotube. This might also hold antibodies to bind the drug, enabling smaller doses to be delivered direct to the targeted tissue.

Various nanoparticle drug formulations are already being investigated in animal models and early stage clinical studies in humans.

Treating Cancer & Diabetes

Using such nanobots, i.e. vehicles for carrying treatments, radioactive generators are already being injected. Going direct to the infected tissue these give small radiation doses to treat the cancer without all the unpleasant side effects of radiation therapy.

By encapsulating pancreatic cells inside nanoparticles they can be kept alive to secrete insulin without being attacked by antibodies. It's not a cure for diabetes, but does avoid unpleasant injections, delivering the insulin in a natural way.

Brain Tumors and Space Medicine

Neuroscientists are developing nanoparticles to cross the brain-blood barrier and could be treating brain tumors within a couple of years. Meanwhile NASA is pursuing remote diagnostics and treatments for space travelers, like radiation damaged cells. As Cecilia Haberzettl, founder and president of TechnoMed Strategic Partners, recently wrote in Nanotechnology

"When a cell is damaged by radiation it expresses different proteins on its surface. The nanobot would detect those proteins and then repair the cell, either by giving it antioxidants or by enhancing the natural mechanisms of DNA repair by some technique yet to be defined. Or, if the damage is severe, the nanobot could trigger the cell to die. All of that could happen while the astronauts are up in space, while avoiding communication delays due to the distance from the Earth."

Next Time

From treating humans to treating the buildings in which they live, how nanotechnology is being used in materials science and how a Greek entrepreneurial scientist has developed products that protect surfaces from stains, moulds, and fungus. Personally recognised by Bill Gates, founder of Microsoft, for the innovative nature of their work, they are undoubtedly delivering cutting edge nanotech inventions and technical excellence to improve and add value to a wide range of everyday products.

Look out for the next article to learn how this little company is experiencing burgeoning international growth by delivering massive advances and technical excellence in surface protections.
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Surfapore products can be bought on line from http://www.hgc.uk.com or http://www.benfieldatt.co.uk for inustrial quantities.

As visiting professor with the University of Wales Newport, Dr Benfield speaks, writes and consults on a range of environmental and sustainable development issues. Full Reprints with acknowledgment permitted. Approval required for changes.

Article Source: http://www.articlealley.com/http://profbenfield.articlealley.com/how-nanotechnology-is-begining-to-improve-our-everyday-lives--part-1-1147062.html

Nanotechnology Australia : A Short History of Nanotechnology

A Short History of Nanotechnology

Author: Tauqeer Ul Hassan

The idea of building machines in microscopic sizes and making them function like construction bots for producing organizing and rearranging objects at molecular level is not easy to believe when there is no such technology present. This concept was put forward by Richard Feynman in 1959 in his talk  There's Plenty of Room at the Bottom'. This was the first talk to deal with the principles of nanotechnology but this was not a new idea.

Nanotechnology Australia : A Short History of Nanotechnology

Before Feynman had talked about this concept of nanotechnology, it was already proposed by James Clerk Maxwell in 1867. He had proposed an experiment of little entity called Maxwell's Demon capable of handling individual molecules.

Richard Adolf Zsigmondy was the first to use nanometer for characterizing particle size in 1914. He determined it as 1/10,00,000 of millimeter from which he developed the first system classification based on particle size in the nanometer range.

Moore's Law had best codified the concept of the influences. Gordon Moore predicted on Intel in 1965 about how modern circuitry would pack more features as more devices were produced for the market. This law has held strong for nearly 50 years.

Nanotechnology was first defined by Norio Taniguchi of the Tokyo Science University in 1974. It was the processing of, separation, consolidation and deformation of materials by one atom or one molecule.

The concept of nanotechnology to engineering through the concept of molecular manufacturing was for the first time applied by Eric Drexler. He suggested that if atoms were viewed like marbles then molecules would be tight collections of these marbles. These molecules became normal scaled tools like motors when snapped together. Despite the size of nanoscale, these tools operated in the same way as their large counterparts did. The moving parts of the nano machines were formed by atoms held together by the strength of their own bonds. Drexler had finally envisioned that these nano bots would be used as assemblers for the purpose of putting together atoms into any shape.

By applying this simple vision of molecule manufacturing to industries, Drexler claimed that coal can change into diamond and computer chips can be made from sand. By reorganizing the atoms that make these materials, the process will be considerably shortened and their valuable products would be produced at a faster speed. This was the reason nanotechnology was presented by Drexler as a scientific field that exclusively revolved around molecule manufacturing.

You might also want to learn about who invented the mp3 player and history of nanotechnology.

Article Source: http://www.articlealley.com/http://tauqeerulhassan.articlealley.com/a-short-history-of-nanotechnology-1514359.html

Nanotechnology Australia : What is nanotechnology?

Stepping to the Nano-World

Author:Shivantha Withanage

 §  What is nanotechnology?

Nanotechnology is the study of manipulating matter on a molecular scale. In general this field deals with structures sized between 1 to 100 nanometers (nm) in at least one dimension. . In 1974 Tokyo science university professor Norio Taniguchi defined the term 'nanotechnology' as follows; 'Nano-technology' mainly consists of the processing of, separation, consolidation, and deformation of materials by one atom or by one molecule.'

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Nanotechnology is not just a single technical approach. It is a scientific basis for various possible new propositions. For example fields like nanomechanics, nanoelectronics and nanophotonics are new fields which have evolved on the scientific foundation of nanotechnology. As shown above it covers a vast range in science from mechanisms in the conventional physics to absolutely new methods based on self assembly of matter. Nanotechnology deals directly with developing new materials within the nano scale and investigate possibilities and methodologies of controlling matter on the atomic scale.

§  Unknown history of nanotechnology.  

The concept of nanotechnology was first expressed in 'There's plenty of room at the bottom', a speech given by physicist Richard Feynman at an American physical society meeting at Caltech which was held on 1959. In this speech he described about development of methods to manipulate individual atoms and molecules. In 1980's the basic idea of nanotechnology was explored in much more depth by Dr. K. Eric Drexler, who promoted the significance of nano-scale phenomena by the means of speeches and books such as 'Engines of Creations: The Coming Era of Nanotechnology' which is considered as the first book on nanotechnology.

Major advancement of nanotechnology was accompanied by two major moves in the science; the origin of cluster science and the invention of scanning tunneling microscope (STM). This led to the discovery of fullerenes, which are the molecules composed entirely in carbons, in the forms of hollow sphere, ellipsoid or tube, in 1985. After few years, carbon nano tubes which is a special type of fullerene was discovered.

§  Concepts of nanotechnology.

There are two main concepts in nanotechnology; the 'bottom-up' concept and the 'top-down' concept.

•  In the 'bottom-up' concept, materials are built from molecular components which have the ability of assembling themselves chemically under the principles of molecular recognition and bond formation.


• In the 'top-down' concept objects in the nano scale are constructed from larger entities. The 'top-down' concept doesn't involve any control of the formation of nano bodies at the atomic level.

In this scenario scaling issues would arise from changing the magnitude of various physical phenomena.

Article Source: http://shivanthawithanage.articlesbase.com/science-articles/stepping-to-the-nano-world-4439399.html

About the Author

Shivantha Withanage is a science student. Since 2009 he is publishing on various fields of science. In 2010, he came up with his debut science project, 'Traditional Ways of Water Purification', where he attempted to evaluate the scientific basis of traditional wisdom of water purification in Sri Lanka.