Industry Description
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.
Cross-References. Establishments primarily engaged in--
Business Examples
Common types of business activities within NAICS 541713 - Research and Development in Nanotechnology are:
- Nanotechnology research and development laboratories or services, all fields of science
- Nanobiotechnologies research and experimental development laboratories
IBISWorld Industry Research Report
Scientific Research & Development in the US (54171)
Revenue 2025
$333bn
Growth 2025
2.97%
Key Trends
The federal government is the source of just over half the industry's revenue, so changes in federal funding levels affect revenue
The percentage of the industry funded by the federal government has declined over the past decade
Federal funding for defense is set to annually decline
Products and Services
Similar Industries
For some business types, there may be a similar industry to 541713 - Research and Development in Nanotechnology that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Manufacturing products (e.g., apparel, electronic equipment, automotive equipment) using nanomaterials--are classified in Sector 31-33, Manufacturing, according to the process of the specific product made.
IBISWorld industry research report
Textile and Fabric Finishing and Fabric Coating Mills in the US
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NAICS Cross Reference
Providing physical, chemical, or other analytical testing services (except medical or veterinary), such as acoustics or vibration testing, calibration testing, electrical and electronic testing, geotechnical testing, mechanical testing, nondestructive testing, or thermal testing--are classified in Industry 541380, Testing Laboratories;
IBISWorld industry research report
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NAICS Cross Reference
Conducting research and experimental development in the physical, engineering, and life sciences (except nanotechnology and biotechnology)--are classified in U.S. Industry 541715, Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology);
IBISWorld industry research report
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NAICS Cross Reference
Providing veterinary testing services--are classified in Industry 541940, Veterinary Services;
IBISWorld industry research report
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NAICS Cross Reference
Providing medical laboratory testing for humans--are classified in U.S. Industry 621511, Medical Laboratories; and
IBISWorld industry research report
NAICS Hierarchy 541713 - Research and Development in Nanotechnology
NAICS Code 541713 - Research and Development in Nanotechnology sits in the 2-digit Research and Development in Nanotechnology sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 54
Sector Title: Professional, Scientific, and Technical Services
3 Digits 4 Digits 5 Digits 6 Digits
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5411 Legal Services
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54111 Offices of Lawyers
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54112 Offices of Notaries
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54119 Other Legal Services
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5412 Accounting, Tax Preparation, Bookkeeping, and Payroll Services
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54121 Accounting, Tax Preparation, Bookkeeping, and Payroll Services
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5413 Architectural, Engineering, and Related Services
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54131 Architectural Services
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54132 Landscape Architectural Services
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54133 Engineering Services
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54134 Drafting Services
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54135 Building Inspection Services
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54136 Geophysical Surveying and Mapping Services
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54137 Surveying and Mapping (except Geophysical) Services
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54138 Testing Laboratories
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5414 Specialized Design Services
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54141 Interior Design Services
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54142 Industrial Design Services
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54143 Graphic Design Services
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54149 Other Specialized Design Services
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5415 Computer Systems Design and Related Services
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54151 Computer Systems Design and Related Services
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5416 Management, Scientific, and Technical Consulting Services
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54161 Management Consulting Services
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54162 Environmental Consulting Services
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54169 Other Scientific and Technical Consulting Services
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5417 Scientific Research and Development Services
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54171 Research and Development in the Physical, Engineering, and Life Sciences
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54172 Research and Development in the Social Sciences and Humanities
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5418 Advertising, Public Relations, and Related Services
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54181 Advertising Agencies
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54182 Public Relations Agencies
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54183 Media Buying Agencies
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54184 Media Representatives
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54185 Outdoor Advertising
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54186 Direct Mail Advertising
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54187 Advertising Material Distribution Services
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54189 Other Services Related to Advertising
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5419 Other Professional, Scientific, and Technical Services
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54191 Marketing Research and Public Opinion Polling
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54192 Photographic Services
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54193 Translation and Interpretation Services
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54194 Veterinary Services
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54199 All Other Professional, Scientific, and Technical Services
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