NAICS 541713

Research & Development in Nanotechnology

Key Figures

Establishments
1,722
Census CBP · 2023
Employment
166,018
Census CBP · 2023
Market size
$44.5B
Census Economic Census · 2022

Figures are published for NAICS 541713 directly.

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Official definition

This U.S. industry comprises establishments primarily engaged in conducting nanotechnology research and experimental development. Nanotechnology research and experimental development involves the study of matter at the nanoscale (i.e., a scale of about 1 to 100 nanometers). This research and development in nanotechnology may result in development of new nanotechnology processes or in prototypes of new or altered materials and/or products that may be reproduced, utilized, or implemented by various industries.

Source: US Census Bureau, 2017 NAICS Definitions. Public domain.

Which code does this activity belong in?

Research and Development in Nanotechnology covers establishments conducting research and experimental development focused on matter at the nanoscale. The key boundary separates this code from Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology), which encompasses physical and engineering research not centered on nanoscale phenomena. Additionally, while biotechnology research studying microorganisms and cellular processes is classified in Research and Development in Biotechnology (except Nanobiotechnology), establishments applying biotechnology techniques specifically at the nanoscale fall within nanotechnology research and development.

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Where this sits

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