This report provides commercialization timelines, driving forces and constraints, industry trends and projectors, and expert opinion and analysis on the emerging nanotechnology sector. The exact nature and size of potential nanotech markets are unclear at this time. However, there is little doubt that these new technologies promise almost unlimited business and associated employment opportunities. Moreover, these opportunities could expand very rapidly, if technical breakthroughs, now envisioned are, indeed, realized. Although community and technical college deans and other instructional officers should not over-react to these possibilities, the colleges should be alert to the impact that advances in nanotechnology may have on current programs, such as those involving semiconductor manufacturing. This report examines trends and opportunities across four classifications of nanotechnology: instrumentation, tools, and computer simulation; nanomaterials; electronics, information technology, optical applications; and life sciences.