The global nanotechnology market attained a value of nearly USD 1.60 Billion in 2023. The market is further expected to grow at a CAGR of 10.00% during the forecast period of 2024-2032 to reach a value of USD 3.77 Billion by 2032.
Base Year
Historical Year
Forecast Year
| Global Nanotechnology Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 1.60 |
| Market Size 2032 | USD Billion | 3.77 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 10.0% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 11.3% |
| CAGR 2024-2032 - Market by Country | India | 11.6% |
| CAGR 2024-2032 - Market by Country | China | 10.8% |
| CAGR 2024-2032 - Market by Type | Nano Sensors | 11.2% |
| CAGR 2024-2032 - Market by Application | Healthcare | 11.4% |
| Market Share by Country 2023 | Canada | 2.9% |
Rapid advancement in technology is aiding the growth of the overall nanotechnology market. Nanotechnology finds use in communication, medicine, transportation, agriculture, energy, materials and manufacturing, and consumer products, among others. The growing acceptance and increased application of nanotechnology for diverse purposes is one of the major drivers contributing towards the growth of the nanotechnology market globally.
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The nanotechnology market includes the production and application of physical, chemical, and biological systems and devices on scales ranging from individual atoms or molecules to around 100 nanometres.
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The global nanotechnology market can be broadly categorised based on its types, applications, and regions.
The EMR report looks into the regional nanotechnology markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Factors such as the technological advancements in nanotech devices and the rise in the adoption of nanotechnology in medical diagnosis and imaging are driving the growth of the global nanotechnology market. The rise in efforts by the governments across the nations, increased R&D funding, and the advent of self-powered nanotech devices are expected to offer lucrative opportunities for the nanotechnology market growth over the forecast period. Problems arising from the installation of nanodevices under extreme conditions and high technology costs, however, serve as significant obstacles, hampering the growth of the nanotechnology market.
| CAGR 2024-2032 - Market by | Country |
| India | 11.6% |
| China | 10.8% |
| USA | 10.4% |
| UK | 10.1% |
| Mexico | 9.2% |
| Canada | XX% |
| Germany | XX% |
| France | XX% |
| Italy | 9.1% |
| Japan | XX% |
| Australia | XX% |
| Brazil | XX% |
| Saudi Arabia | 7.4% |
The report presents a detailed analysis of the following key players in the global nanotechnology market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the nanotechnology market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global nanotechnology market attained a value of nearly USD 1.60 Billion.
The market is projected to grow at a CAGR of 10.00% between 2024 and 2032.
The major drivers of the market are development of self-powered nanotech devices, growing preference for nanotechnology in medical imaging and diagnostic applications, favourable policies by various governments, and growing technological advancements.
The growing research and development activities by various governments and private organisations and rising demand from the developing regions are the key trend guiding the growth of the nanotechnology market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Nano sensors and nano device are the major nanotechnology types in the market. Nano sensors are further subdivided by type into optical nano sensor, chemical nano sensor, physical nano senso, and biosensors, among others, while nano devices are subcategorised by type into nanomanipulator, nanomechanical test instruments, and nanoscale infrared spectrometers, among others.
The significant applications of the product include electronics, energy, chemical manufacturing, aerospace and defence, and healthcare, among others.
The major players in the market are Altair Nanotechnologies Inc., Applied Nanotech Inc, Advanced Nano Products Co Ltd, Bruker Corporation, Biosensors International Group Ltd., Espin Technology Inc., Imina Technologies SA, Nanonics Imaging Ltd., DuPont de Nemours, Inc., and Arkema Group, among others.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 3.77 Billion by 2032.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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