Report Highlights
BCC Research estimates the total energy-related market for nanotechnologies at nearly $8.8 billion in 2012 and $15 billion in 2017, a five-year compound annual growth rate (CAGR) of 11.4% through 2017.
Report Includes
- An overview of the global market for nanoscale materials (nanopowders, nanocomposites, nanoscale thin films, and others) and devices (nanosensors).
- Analyses of global market trends, with data from 2011and 2012, and projections of compound annual growth rates (CAGRs) through 2017.
- Discussion of nanotechnology applications that are currently in commercial use or are likely to be commercialized in the next five years.
- An in-depth technology review and a detailed patent analysis.
- Comprehensive company profiles for major players.
Report Scope
The report focuses on the global market for nanoscale materials (e.g., nanopowders, nanocomposites, nanoscale thin films and others) and devices (e.g., nanosensors) used in the following types of energy applications:
- Renewable and non-renewable energy production (e.g., petroleum refining, solar energy).
- Energy transmission, conversion and storage (e.g., transmission systems, transformers, batteries and fuel cells).
- Energy end uses (motor vehicles, building HVAC systems, manufacturing).
The report concentrates on nanotechnology applications that are currently in commercial use or are likely to be commercialized by 2017. Other applications that, while promising, are not likely to make it out of the laboratory by 2017, are not covered in-depth.
The report does not cover nanoscale materials and devices used to monitor and/or control the environmental impacts of energy production, or use such as nanomaterials used in automotive catalytic converters. These technologies are outside the scope of this study and are covered in detail in several other BCC Research reports such as reports NAN039A Nanotechnology in Environmental Applications and NAN035A Nanosensors.
The report also does not cover nanomaterials that may have an indirect impact on energy consumption (e.g., by decreasing weight or resistance). Readers interested in such materials may wish to consult BCC Report EGY051A Petroleum Fuel Optimization Technologies.
The report format includes the following major elements:
- Executive summary.
- Description of nanomaterials and nanodevices used in energy applications, including properties and fabrication methods.
- Overall market size, segmentation and growth trends.
- Major energy applications of nanoscale materials and devices.
- Description.
- Types of nanomaterials/nanodevices used.
- Principal developers/manufacturers.
- Patents.
- Consumption of nanomaterials and nanodevices, 2011–2017.
Analyst Credentials
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
Report Highlights
-
The total energy-related market for nanotechnologies at about $4.35 billion in 2006, a figure that is expected to climb to $4.73 billion in 2007 and $7.12 billion in 2012, a CAGR of 8.4% over the next five years.
-
If enzymes were excluded, the market of nanotechnologies in energy applications would be worth $1.83 billion in 2006, rising to $1.95 billion in 2007 and $3.78 billion in 2012.
-
Industrial enzymes dominate the market, with a 57.8% market share in 2006, declining somewhat to 46.9% by 2012. Nanostructured monolithics, of which zeolite refinery catalysts are the most important sub-segment, had the second largest market share (34.6%) in 2006. Nanostructured monolithics' share of the market is projected to increase slightly to 36.3% by 2012.
Related Reports
Materials for Proton Exchange Membranes and Membrane Electrode Assemblies for PEM Fuel Cells
The global proton exchange membrane fuel cell (PEMFC) and membrane electrode assembly (MEA) market reached $444 million in 2012. The market is expected to reach $1.2 billion in 2017 for a CAGR of 22.1%.
Membrane Technology for Liquid and Gas Separations
The U.S. market for membrane modules used in gas and liquid separations was valued at $1.6 billion in 2010 and should reach $2.1 billion in 2012. Total market value is expected to reach nearly $3.3 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 8.9%.
Nanotechnology: A Realistic Market Assessment
The global market for nanotechnology was valued at nearly $20.1 billion in 2011 and should reach $20.7 billion in 2012. Total sales are expected to reach $48.9 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 18.7%.
Global Markets and Technologies for Photovoltaic Systems
Global revenues from solar cells and modules totaled nearly $38.7 billion in 2011 and should decline to $28.6 billion in 2012. Total revenues are expected to reach $78.1 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 22.3%.
Recent Reports
Global Markets and Technologies for Nanofiltration
The global market for nanofiltration is expected to grow from $1.5 billion in 2024 and is projected to reach $3.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 17.6% during the forecast period of 2024 to 2029.
Global Markets and Technologies for Carbon Nanotubes
The global market for carbon nanotubes was valued at $2.0 billion in 2023. The market is projected to grow from $2.3 billion in 2024 to $5.9 billion by 2029, at a compound annual growth rate (CAGR) of 20.6% from 2024 through 2029.
Global Markets and Technologies for Nanofibers
The global market for nanofibers is estimated to increase from $2.9 billion in 2023 to reach $9.4 billion by 2028, at a compound annual growth rate (CAGR) of 26.0% from 2023 through 2028.
Global Nanotechnology Market
The global market for nanotechnology is estimated to increase from $68.0 billion in 2023 to reach $183.7 billion by 2028, at a compound annual growth rate (CAGR) of 22.0% from 2023 through 2028.
Nanotechnology in Energy Applications
The global nanotechnology in energy applications market should reach $18.8 billion by 2028 from $9.3 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% for the forecast period of 2023 to 2028.
Top Trending Reports
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More