Nanomagnetics: Materials, Devices and Markets
The global market for nanomagnetic materials and devices was valued at $7.2 billion in 2011 and $7.3 billion in 2012. This market is expected to top $9 billion by 2017, a five-year compound annual growth rate (CAGR) of 4.4%.
- An overview of the market for nanomagnetic materials and devices in three major market segments: biotechnology, industrial products, and information storage.
- Analyses of global market trends, with data from 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017.
- Discussion of materials and technology, including products based on particles or dispersions, nanoscale thin films, and bulk nanostructured materials.
- Industry data, technical background information, and a patent analysis.
- Comprehensive company profiles of major players.
SCOPE OF THE REPORT
This report greatly expands and updates BCC Research’s 2004 report on nanomagnetics, materials and devices, including forecasted market growth and applications though 2017 in the following technology and applications:
- Biosensors and bioassays.
- Giant magnetoresistive (GMR) sensors.
- Data Storage:
- Magnetic tapes.
- Hard disks.
- Recording heads.
- Magnetoresistive random access memory (MRAM).
- Medical and genetics
- Nanocrystalline soft magnetic cores.
- Magnetic fluid seals.
- Thermal transfer.
- Environmental remediation.
Lori Tucker has more than 13 years of experience in market analysis, technical and technology documentation, and business research including work at Bechtel and the Houston Chronicle. She has extensive experience in business, government and academic procurement and contracting.
The global market for nanomagnetic materials and devices will rise at an AAGR (average annual growth rate) of 22.6% from $4.3 billion in 2004 to reach nearly $12.0 billion in 2009.
Information storage applications account for the vast majority – over 90% – of today’s market and will continue to dominate in 2009.
Spurred by growth in bioseparations and magnetic resonance imaging contrast agents, and the emergence of nanomagnetic biosensors and nanoparticles for disease treatment, the 2009 market for biotechnology applications is forecast to reach $310 million.
With soft magnetic nanocrystalline transformer cores as its backbone, the industrial products sector is projected to reach $167 million in 2009.