Recently, nanotechnology has become extremely popular and is used to describe many types of research where the characteristic dimensions are less than about 1,000 nanometers.
Nanotechnology also promises to open up a wide array of possibilities, from computers, communications and storage, to molecular motors, cellular machines and drugs that target specific cells.
Many experts expect nanotechnology will eventually lead to new materials that are stronger, lighter and cheaper to make.
It's expected to touch nearly every industry for example power, biotech, computing and manufacturing.This report focuses on the basic concepts and its developmental process in the current market scenario.
It also discusses the achievement, challenges and ongoing insurgence within the industry (especially biotech).