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Nano Nano – Huge Future for Small Tech
The market for nano-enabled electronics will reach $10.8bn in 2007 and grow to $82.5bn by 2011, according to US-based technology analysts NanoMarkets.
'Emerging Nanoelectronics Markets: The Next Opportunity for the Semiconductor and Advanced Materials Industries' say the biggest potential within this period lies in the emerging market for nanomemory products, which will constitute most of the above totals - $8.6bn by 2007 and $65.7bn by 2011. The main driver for this will be demand for high-performance, non-volatile memories for mobile communications and computing: IBM, STMicroelectronics and Freescale all have relevant products well advanced.
There will also be strong demand for nanosensors, especially for medical, 'homeland security' and aerospace applications. Their high level of sensitivity and ability to be used in arrays gives them 'a unique advantage over other types of sensors' for such applications and the market is forecast at $446m by 2007 and $5.6bn by 2011.
Thirdly, the report says nanotech will 'transform' the display industry, with roll-up displays using plastic electronics and other platforms already attracting leading electronic firms such as Xerox and Philips. It predicts success for carbon nanotubes as a platform for HDTV monitors at 42 inches and above and projects the total nano-enabled display market at $1.6bn in 2007 and $7.5bn by 2011.
The report provides a detailed eight-year forecast broken out by application sector, type of device and materials platform, and technology assessments / competitive intelligence for those in semiconductor firms, sensor manufacturers, display manufacturers and OEMs. The company is online at www.nanomarkets.net
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