small plans: nanotechnology for the building industry

Wednesday, November 02, 2005

Nanotech market to top $1 trillion by 2011

A new report from RNCOS, "World Nanotechnology Market - An Industry Update (2005)", predicts that nanotechnology will exceed $1 trillion in the world market by the end of 2010. Government spending on nanotech R&D has increased to over $3 billion per annum, and venture capitalists have increased their investments six times over the previous two years. Companies like Intel, IBM, DuPont, 3M, General Electric, Samsung and Hitachi, for instance, spent $3.8 billion on nanotech in 2004. more @