The Nanotechnology Industry to be a USD 2.4 Trillion Industry by 2015

The Nanotechnology Industry to be a USD 2.4 Trillion Industry by 2015

Experts are of the opinion and belief that Nanotechnology (also known as nanotech) is going to be principal sunrise industry of the 21st Century. Although Nanotechnology is a recent development in the field of scientific research, innumerable primary and ancillary business modules have been developed around the wide ranging applications of Nanotechnology.

Singapore Institute of Manufacturing Technology presented a report recently, in which it estimates the Nanotechnology based products industry to register an impressive growth rate of 19% between 2011 & 2013. The report further forecasts the Nanotechnology industry to reach revenues of $2.4 trillion by 2015.

This Industry has been able to sustain such phenomenal growth as a result of the huge investments in research and development by government agencies and leading corporate across the globe. This is a clear indication and testimony of the immense growth potential of the Nanotechnology industry

Photo source wburris

Posted September 11th, 2011 in News.

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