Nanotechnology – the purposeful engineering of matter at scales of under 100 nanometers – is not a market or an industry; instead, it is an essential enabler that will impact all manufactured goods. Nanotechnology will account for $158 billion in product revenue this year, but 92% of it will derive from established materials and processes that happen to have nanoscale dimensions as opposed to new, emerging innovations. In the next 10 years, revenue will grow 18 times over and the balance will flip: In 2014 nanotechnology will be incorporated in products worth $2.9 trillion in revenue, with new, emerging nanotechnology accounting for 89%.
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