Market - EUON
Energy
The global nanotechnology in energy market size was valued at 139.7 million U.S. dollars in 2020 by Allied Market Research and it is projected to reach 384.8 million U. S. dollars by 2030. The CAGR is expected to be 10.7% from 2021 to 2030.1
As nanotechnology has numerous electronic applications of carbon nanotubes, quantum dots, and nanosilver, rapid growth is expected within the field of electrical and electronic systems around the world. This is especially the case for laptops, smartphones touchscreen smartphones, sensors, electronic chips, and fuel cells.
An increase in demand for hydrogen fuel cells and renewable energy resources such as wind, solar and geothermal is expected to generate many innovations using nanotechnology in design and material aspects to increase the efficiency of energy storage devices.2
1 Allied Market Research. (2021). Nanotechnology in energy market by material type (nanostructured material, carbon nanotubes, fullerene, others), application (photovoltaic film coating, fuel cells and batteries, thermoelectric materials, aerogels) and end use (electrical, manufacturing, renewable & non-renewable energy and other applications): global opportunity analysis and industry forecast, 2021–2030. Available at: https://www.alliedmarketresearch.com/nanotechnology-in-energy-market
2 Allied Market Research. (2021). Nanotechnology in energy market by material type (nanostructured material, carbon nanotubes, fullerene, others), application (photovoltaic film coating, fuel cells and batteries, thermoelectric materials, aerogels) and end use (electrical, manufacturing, renewable & non-renewable energy and other applications): global opportunity analysis and industry forecast, 2021–2030. Available at: https://www.alliedmarketresearch.com/nanotechnology-in-energy-market