Market For Electronics Incorporating Nanotechnology Is Expected To Reach $409.6 Billion By 2015

GIA announces the release of a comprehensive global report on Nanoelectronics market. Electronics flaunts of being the leading industry in bringing nanotechnology projects from research laboratories to commercial scale. The market for electronics incorporating nanotechnology is expected to reach $409.6 billion by 2015, with the commercialization of electronic displays using carbon nanotube backlights, NEMS based memory devices, and transmission and polymer films using nanomaterials is underway.

San Jose, CA (PRWEB) June 29, 2009 –- The nanotech field has been the subject of intense focus, particularly from the viewpoint of the electronics industry. The fervor is no doubt, driven to a large measure by the current top-down methodologies for fabrication of silicon-based devices. This is implied in the next-generation approach towards manufacture of MEMS, microprocessors, optical switching, and several other electronic components. Nanotechnology is expected to bring about improvisation in deposition, implantation, lithography, metrology, thus supporting scaling up of silicon CMOS and is eventually expected to replace CMOS.

The global market for nanoelectronics is expected to reach $409.6 billion by 2015, as stated by the new market research report. Nanoelectronics is expected to exercise a considerable influence on semiconductors, displays, memory and storage devices, and communication devices. Nanoscale devices would enable development of novel products such as spin based electronic products, biosensors, molecular memory, and lightweight and flexible photovoltaic cells. Devices based on nanoelectronics are expected to be more reliable, interactive, cost effective, and would be capable of surviving under extreme weather conditions and pollution. Integration of molecular biology and nanoelectronics creates avenues for developing hybrid devices that would find utilization in a wide range of biological and medical application.

The nanoelectronics industry faces challenges such as maintaining Moore's law in electronics and increasing its scope to photonics. Furthermore, the industry requires large investment for developing new materials and integrating them into manufacturing processes for nanoelectronics. Insufficient availability of information regarding health, safety, and environmental effects associated with nano compounds and materials is another matter of concern for nanoelectronics.

Key market participants in the global nanoelectronics market include Advanced Micro Devices, Fujitsu Laboratories, General Nanotechnology, Hewlett-Packard Development Company, Hitachi Limited, International Business Machines Corporation, Infineon Technologies, Motorola, NanoInk, Nanonex Corporation, Nanosys, Nantero, Samsung Advanced Institute of Technology, Texas Instruments Incorporated, ZettaCore, Zyvex Instruments

The report titled "Nanoelectronics: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of key market trends, product introductions/innovations, profiles of major players, and recent industry activity. The study presents extensive commentary on various types of nanoelectronic technologies, and provides long-term projections for global nanoelectronics market.

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