Introduction about Nanotechnology

Over the past century, technological innovation has rapidly decreased . . . in size. Computers have shrunk from room-sized boxes of metal to tiny silicon chips embedded in everyday devices.
Now, the future frontier of technology is even smaller. Smaller than the human eye can possibly detect – in particles of matter so infinitesimal that the slightest change made to them may have powerful consequences. Nanotechnology is the understanding and control of matter at dimensions roughly the size of pollen grains, where unique phenomena can enable novel applications. Where microscopic advances in efficiency can be exploited to produce smarter sources of energy, and new materials can be created to produce consumer and industrial goods at lower cost.
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Nanotechnology Market Penetration

Emerging nanotechnology made its way into more than $30 billion in manufactured goods in 2005 (Source: National Science Foundation). Governments in Europe, Asia and the Americas have invested close to $6 Billion in nanotechnology in 2006 (Source: Lux Research). Patent activity is increasing significantly in areas related to nanotechnology.
Nanotechnology will be used in over $2 trillion in manufactured goods by 2014.
Nanotechnology is projected to impact industry significantly in many areas, including:

• Alternative energy.
• Environmental science.
• Chemicals and materials.
• Electronics.
• Computing.
• Medicine.
• Healthcare.
• Aerospace and defense.