The graphene electronics from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Graphene Electronics Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The graphene electronics market size has grown exponentially in recent years. It will grow from $1.02 billion in 2023 to $1.36 billion in 2024 at a compound annual growth rate (CAGR) of 32.7%. The growth in the historic period can be attributed to government support for environmental conservation, electrification of transportation, graphene’s thermal conductivity, graphene’s thermal conductivity, and graphene’s use in nanotechnology.
The graphene electronics market size is expected to see exponential growth in the next few years. It will grow to $4.22 billion in 2028 at a compound annual growth rate (CAGR) of 32.8%. The growth in the forecast period can be attributed to the growing demand for energy-efficient products, increasing IoT device usage, growing use in consumer electronics, increasing demand for electric vehicles, and growing need for low-cost composite lighter alternatives to carbon fiber in various electrical gadgets. Major trends in the forecast period include advancements in technology, demand for high-capacity rechargeable batteries, thriving portable electronics, product extensions, and research and development activities.
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Scope Of Graphene Electronics Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Graphene Electronics Market Overview
Market Drivers –
The increasing demand for electric vehicles is expected to propel the growth of the graphene electronics market going forward. Electric vehicles (EVS) are vehicles that are propelled by one or more electric motors. The demand for electric vehicles is increasing due to improved battery technology, expanding charging infrastructure, and increasing model availability. The integration of graphene electronics in electric vehicles holds the potential to revolutionize the industry by providing higher efficiency, better performance, longer battery life, faster charging, and enhanced safety. For instance, in March 2022, according to an article published by the Department of Energy, a US-based government agency, sales of new light-duty plug-in electric vehicles, encompassing both all-electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs), nearly doubled from 308,000 in 2020 to 608,000 in 2021. Therefore, the increasing demand for electric vehicles is driving the growth of the graphene electronics market.
Market Trends –
Major companies operating in the graphene electronics market are developing graphene field-effect transistor (GFET) devices to enhance performance, efficiency, and miniaturization in next-generation electronic devices. Graphene field-effect transistors (GFETs) represent a cutting-edge technology in the field of electronics, offering significant advantages in terms of speed, flexibility, and thermal management. For instance, in January 2022, Graphenea Inc., a Spain-based company that manufactures graphene-based chips and materials, launched the GFET-S30 for sensing applications. This chip leverages Graphene’s proprietary High-K Metal Gate (HKMG) process flow to provide 30 back gated graphene devices distributed in a grid pattern on the chip.
The graphene electronics market covered in this report is segmented –
1) By Product: Display, Memories, Batteries, Solar Cell, Integrated Circuits And Chips, Other Products
2) By Material Type: Graphene Film, Graphene Nano Platelets, Graphene Oxide, Graphene Foam
3) By Industry Vertical: Consumer Electronics, Automotive, Healthcare, Industrial Robotics, Aerospace And Defense, Other Industry Verticals
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Regional Insights –
North America was the largest region in the graphene electronics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the graphene electronics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the graphene electronics market are AMG Advanced Metallurgical Group N.V., NanoXplore Inc., Skeleton Technologies GmbH, CVD Equipment Corporation, Vorbeck Materials Corporation, Directa Plus Spa, Versarien PLC, Grafoid Inc., Platonic Nano Tech, Graphene Platform Corporation, Graphenea Inc., Global Graphene Group, First Graphene Ltd., XG Sciences Inc., Crayonano AS, Graphene Square Inc., BTCorp Generique Nano Pvt, Ad-Nano Technologies Pvt ltd., HydroGraph Clean Power inc., Haydale Graphene Industries PLC, Paragraf Ltd., Angstron Materials Inc., Graphmatech AB, Cambridge Graphene Centre, Applied Graphene Materials Plc
Table of Contents
1. Executive Summary
2. Graphene Electronics Market Characteristics
3. Graphene Electronics Market Trends And Strategies
4. Graphene Electronics Market – Macro Economic Scenario
5. Global Graphene Electronics Market Size and Growth
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32. Global Graphene Electronics Market Competitive Benchmarking
33. Global Graphene Electronics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Graphene Electronics Market
35. Graphene Electronics Market Future Outlook and Potential Analysis
36. Appendix
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