Growth Spurt for Nano: By the Numbers

Dec. 18, 2007

More than $50 billion in nano-enabled products sold worldwide last year.

Nanotechnology is "shifting from discovery to commercialization," with more than $50 billion in nano-enabled products sold worldwide last year, according to Lux Research. In its recently released reference guide, The Nanotech Report, the emerging technologies advisory firm shares additional key findings, such as:

$11.8 billion funding for nanotechnology in 2006

13% increase in nanotechnology funding, 2005 to 2006

$699 million nanotechnology venture capital spending in 2006

87% carbon nanotube market growth, 2005 to 2006

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About the Author

Jill Jusko

Bio: Jill Jusko is executive editor for IndustryWeek. She has been writing about manufacturing operations leadership for more than 20 years. Her coverage spotlights companies that are in pursuit of world-class results in quality, productivity, cost and other benchmarks by implementing the latest continuous improvement and lean/Six-Sigma strategies. Jill also coordinates IndustryWeek’s Best Plants Awards Program, which annually salutes the leading manufacturing facilities in North America.

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