By TechWeb Technology News
In a new report, NanoMarkets LC predicts that the nanotechnology sensor market will generate global revenues of $2.8 billion in 2008 and by 2012 will reach $17.2 billion.
The industry analyst firm focused on nanoelectronics sensors that are used to reduce size and cost to provide a high level of integration including platforms consisting of carbon nanotubes, nanowires, molectronics, spintronics and so called plastic electronics. Another area of attention in the report is directed to conventional sensors using nanomaterials and sensing material.
NanoMarkets breaks the field into different segments including nanosensors for military and homeland defense applications where they will be able to detect radioactive materials and biotoxins like anthrax. That market is expected to hit $827 million in 2008 and $3.9 billion in 2012.
The firm covers companies developing nanosensor arrays including Agilent, Boeing, Dow Corning, IBM, Lockheed Martin, Motorola and Samsung. Start-ups in the field like Ambri and Nanomix are also covered in the report.
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