Report: Nanophotonics must engineer proper market strategy

Nov. 19, 2004 – Nanoscale technologies could boost products such as light-emitting diodes, flat-panel displays and solar cells, and garner billions of dollars in the process. But the challenge comes in identifying early market opportunities and gauging the investment to fit them, according to a new report. “Nanophotonics: Assessment of Technologies and Market Opportunities,” a new report from Strategies Unlimited Inc., said both LEDs and flat-panel markets offer high growth potential.

Nanomaterials could help lower the manufacturing costs of solar cells to make them competitive with other energy sources. However, nanoscale solutions and the applications are wide-ranging, multidisciplinary and early-stage.

The report also found that likely winners in the nano realm are material companies, such as Corning and DuPont, which are diversified across applications. Other well-positioned players are system vendors, such as Lockheed Martin, Samsung and Applied Biosystems, which incorporate nanotech to serve core customers.

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