|
MOUNTAIN
VIEW, Calif.--(BUSINESS WIRE)--Nov. 10, 2004--Nanophotonics
has the potential to improve optoelectronic products
in a wide array of new applications, including three
target markets each worth billions of dollars. However,
the technologies and applications are diverse and
multidisciplinary, in early stages of development,
and the opportunities are spread throughout the value
chain, making market strategy a greater challenge
than the technology. These findings are presented
in a new study just released by Strategies Unlimited,
Nanophotonics: Assessment of Technologies and Market
Opportunities. Other findings in the report include
the following:
-- Nanotechnology may improve
the efficiency of high brightness LEDs in multiple
ways to accelerate this $4 billion, high-growth market,
and help move LEDs into the realm of general illumination.
-- Companies pursuing
carbon nanotube displays may be able to catch the
largest bounty of all, a piece of the $60 billion,
high growth flat panel business.
-- Nanotechnology
may finally bring breakthroughs in solar cells to
lower manufacturing cost to levels competitive with
other energy sources.
-- A wide array of
nanophotonics-based niche sensor products, particularly
biomedical sensors, add to a sizable business, with
the potential for an as-yet unidentified blockbuster
product.
-- Among the nanophotonics
winners will be material companies (such as Corning
and DuPont) diversified across applications, and system
vendors that incorporate nanotechnology to serve their
core customers (such as Lockheed, Samsung, and Applied
Biosystems).
"Worldwide, there
will be over $4 billion in government funded R&D
going into nanotechnology in 2004. But the market
doesn't care about technologies, it only cares about
products and features," says Tom Hausken, director
of optical component research at Strategies Unlimited.
"It turns out that the real challenge will be
to identify the market opportunities, and size the
investment to fit them."
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 650-941-3438 (voice)
or 650-941-5120 (fax), e-mail at info@strategies-u.com,
or check the company's web site at www.strategies-u.com.
Contacts
Strategies Unlimited
Dr. Tom Hausken, 650-941-3438 ext. 28
thausken@strategies-u.com
|
