Global Markets For Nanomagnetic Materials And Devices To Reach $9 Billion By 2017

Although nanomagnetics has not received nearly the attention as other areas of nanotechnology, such as nanobiotechnology or nanoelectronics, the underlying technology is every bit as progressive, and the potential market impact is astonishingly profound. Nanomagnetic systems are enabling a variety of commercial uses, from data storage technology and nonvolatile memory to industrial sensors and cancer treatment. Current and emerging applications of nanomagnetic materials and devices that directly impact biotechnology, industrial products, and information storage will drive growth in this market over the near term.

BCC Research provides an in-depth analysis of the global markets for nanomagnetic materials and devices through its report Nanomagnetics: Materials, Devices and Markets . According to the report, this market was estimated at $7.2 billion in 2011 and $7.3 billion in 2012. BCC Research projects the market to grow to $9 billion by 2017, and register a five-year compound annual growth rate (CAGR) of 4.4% from 2012 to 2017.

Use this report to:

• Gain an overview of the market for nanomagnetic materials and devices in three major market segments: biotechnology, industrial products, and information storage.
• Analyze global market trends, with data from 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017.
• Discuss materials and technology, including products based on particles or dispersions, nanoscale thin films, and bulk nanostructured materials.
• Examine industry data, technical background information, and receive a patent analysis.
• Review comprehensive company profiles of major industry players.

This study is a valuable resource for those who need to understand the technological and market impact of magnetic materials and devices based on nanotechnology. It will also benefit decision makers in companies or institutions that manufacture, process, or sell magnetic nanomaterials, including nanoparticles, microspheres, ferrofluids, thin films, and bulk materials; develop or fabricate devices based on nanomagnetic materials such as GMR heads, hard disks, MRAM, or biosensors; provide consulting, public relations, or other services to the nanotechnology community; are planning to make investments or acquisitions in the nanotech space; produce or market conventional magnetic materials and devices; and develop competing technologies or products in areas in which nanomagnetic materials and devices will have (or are already having) an impact.