Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International

Wikipedia Affiliate Button

Home > Press > Nanophotonics Can Address over $33 Billion in Potential Opportunities

$30 billion today in large displays and over $3 billion in other photonic applications

Nanophotonics Can Address over $33 Billion in Potential Opportunities

Mountain View, CA | January 18, 2005

Companies developing nanophotonic products are aiming collectively at opportunities worth over $30 billion today in large displays and over $3 billion in other photonic applications. As is typical of emerging technologies, these applications must be gained one at a time, as the competing technologies are also improving in performance and manufacturing cost. These and many other findings are presented in a new report now available from Strategies Unlimited, Nanophotonics: Assessement of Technologies and Market Opportunities.

There are already over 100 companies offering or developing specific nanophotonic products in a range of applications, from the highly speculative (such as displays), to existing products (such as laboratory tools).

Successful companies will require partnerships between large and small companies. Large companies have the resources and patience for these emerging technologies. These include horizontally integrated materials companies (such as ChevronTexaco and DuPont), and vertically integrated systems companies (such as Agilent Technologies, Becton Dickinson, and Boeing). Small companies have the independence and attract many of the new ideas. These include so-called platform companies (such as Arrowhead Research or Nanosys), and niche suppliers (such as Immunicon, Ionic Optics, or Nomadics).

Most people are still just finding out what nanotechnology is, and it seems very broad and ambiguous today. But in 10 years, nanotechnology will be much more narrowly defined. Its applications are already converging to four major subjects, and each involves nanophotonics: materials, biomedicine, molecular electronics (including displays), and energy (such as solar cells and fuel cells). "The applications in the first two are certain, but the next few years will determine which of the other two will also define the future of nanotechnology," says Tom Hausken, director of optical component research at Strategies Unlimited.

The report reviews the nanophotonics applications, markets, and technologies, presents forecasts, and profiles key companies and institutions working in this subject.

Founded in 1979 and based in Mountain View, California, Strategies Unlimited specializes in market research and strategic consulting directed at optoelectronics, photovoltaic components and systems, optical networking, and compound semiconductors. The company and its affiliate, KMI Research, are research units of PennWell Corporation, a global media and information company serving the energy and advanced technology markets since 1910. For more information, contact Strategies Unlimited on +1 650 941-3438 (voice) or +1 650 941-5120 (fax), e mail at info@strategies, or check the company's web site at

Dr. Tom Hausken
Ph: 650-941-3438 ext. 28
Fax: 650-941-5120

Copyright © Strategies Unlimited

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press


Spectradyne Partners with Particle Technology Labs for Measurement Services December 6th, 2018

Mode-Changing MEMS Accelerometer from STMicroelectronics Combines High Measurement Resolution and Ultra-Low Power for Industrial Applications November 7th, 2018

Fat-Repellent Nanolayers Can Make Oven Cleaning Easier October 17th, 2018

Aculon, Inc. Enters into Strategic Partnership Agreement with Henkel Corporation to Supply Key Mobile Device Manufacturers with NanoProof® PCB Waterproof Technology October 17th, 2018

The latest news from around the world, FREE

  Premium Products
Only the news you want to read!
 Learn More
Full-service, expert consulting
 Learn More

Nanotechnology Now Featured Books


The Hunger Project