Nanotechnology in Energy Applications
BCC Research estimates the total energy-related market for nanotechnologies at nearly $8.8 billion in 2012 and $15 billion in 2017, a five-year compound annual growth rate (CAGR) of 11.4% through 2017.
- An overview of the global market for nanoscale materials (nanopowders, nanocomposites, nanoscale thin films, and others) and devices (nanosensors).
- Analyses of global market trends, with data from 2011and 2012, and projections of compound annual growth rates (CAGRs) through 2017.
- Discussion of nanotechnology applications that are currently in commercial use or are likely to be commercialized in the next five years.
- An in-depth technology review and a detailed patent analysis.
- Comprehensive company profiles for major players.
The report focuses on the global market for nanoscale materials (e.g., nanopowders, nanocomposites, nanoscale thin films and others) and devices (e.g., nanosensors) used in the following types of energy applications:
- Renewable and non-renewable energy production (e.g., petroleum refining, solar energy).
- Energy transmission, conversion and storage (e.g., transmission systems, transformers, batteries and fuel cells).
- Energy end uses (motor vehicles, building HVAC systems, manufacturing).
The report concentrates on nanotechnology applications that are currently in commercial use or are likely to be commercialized by 2017. Other applications that, while promising, are not likely to make it out of the laboratory by 2017, are not covered in-depth.
The report does not cover nanoscale materials and devices used to monitor and/or control the environmental impacts of energy production, or use such as nanomaterials used in automotive catalytic converters. These technologies are outside the scope of this study and are covered in detail in several other BCC Research reports such as reports NAN039A Nanotechnology in Environmental Applications and NAN035A Nanosensors.
The report also does not cover nanomaterials that may have an indirect impact on energy consumption (e.g., by decreasing weight or resistance). Readers interested in such materials may wish to consult BCC Report EGY051A Petroleum Fuel Optimization Technologies.
The report format includes the following major elements:
- Executive summary.
- Description of nanomaterials and nanodevices used in energy applications, including properties and fabrication methods.
- Overall market size, segmentation and growth trends.
- Major energy applications of nanoscale materials and devices.
- Types of nanomaterials/nanodevices used.
- Principal developers/manufacturers.
- Consumption of nanomaterials and nanodevices, 2011–2017.
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
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The total energy-related market for nanotechnologies at about $4.35 billion in 2006, a figure that is expected to climb to $4.73 billion in 2007 and $7.12 billion in 2012, a CAGR of 8.4% over the next five years.
If enzymes were excluded, the market of nanotechnologies in energy applications would be worth $1.83 billion in 2006, rising to $1.95 billion in 2007 and $3.78 billion in 2012.
Industrial enzymes dominate the market, with a 57.8% market share in 2006, declining somewhat to 46.9% by 2012. Nanostructured monolithics, of which zeolite refinery catalysts are the most important sub-segment, had the second largest market share (34.6%) in 2006. Nanostructured monolithics' share of the market is projected to increase slightly to 36.3% by 2012.