Nanotechnology Market Revenue Poised for Significant Growth During the Forecast Period
The global nanotechnology market size reached USD 2.4 Billion in 2021 and is expected to register a revenue CAGR of 34.0% during the forecast period, according to latest analysis by Emergen Research. Increasing application in radar systems to produce high-power microwave signals and rising demand for microwave heating systems for commercial and industrial uses are factors projected to support market revenue growth between 2021 and 2030. In addition, Information Technology (IT) and telecom industry has been growing at a rapid rate due to increasing commercial deployment of base stations in countries such as the U.S., South Korea, and China.
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