Albany, NY -- (SBWire) -- 05/04/2017 --Transparency Market Research has published a new market study on the global graphene electronics market for the 2015-2025 period. The report says that the said market will reach a valuation of US$1.2 bn by 2025 increasing from US$8.5 mn in 2014 at a remarkable CAGR of 60.7% therein. The report is titled "Graphene Electronics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2015 - 2025" and is available for sale on the company's website.
The global graphene electronics market is mainly driven by the myriad applications of graphene. Currently, graphene field effect transistors (GFETs) that are based on chemical sensors and biosensors have the capability to derive results faster and more precisely than traditional sensors. Moreover, the superconductivity characteristic of graphene has led to its increasing utilization as an important element of advanced batteries and ultracapacitors.
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In electronic devices, graphene-based chips are faster and dissipate heat better than traditional chips. Research is underway to develop flexible screens with the help of graphene and these are likely to be available commercially in the coming years. With further R&D and improved production methods of graphene, the graphene electronics market globally is expected to display a faster pace during the forecast period between 2015 and 2025.
On the basis of material, graphene film, graphene nano platelets (GNPs), graphene oxide, graphene foam, and others are the segments of this market. In 2014, graphene film stood as the largest segment with a share of more than 64% in the global market; the segment is expected to lead the market until the end of the forecast period. The growth of graphene films is attributed to their attractive price factor as compared to other graphene materials, and their increasing usability in electronic devices.
By application, the segments of the graphene electronics market are batteries and ultracapacitors, sensors, solar cells, lighting, electronic products body applications, display, electro mechanical systems (EMS), chips, memory, and others. Batteries and ultracapacitors stood as the largest segment in 2014 with a share of more than 63% in the global market; the segment is likely to maintain its leading position until the end of the forecast period. Graphene-based batteries and ultracapacitors exhibit high energy density and are also utilizable for alternative energy needs. Moreover, the rising demand for the longer battery life of electronic devices will positively impact the growth of this segment.
The regional segments into which the global graphene electronics market is segmented are North America, Asia Pacific, Europe, and Rest of the World. In 2014, North America stood as the largest market for graphene electronics with a share of more than 40% in the global market. In North America, the high level of research for developing graphene electronics to be used in electronic devices has been the reason for the dominance of this region.
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Some of the top players in the global graphene electronics market are Graphene Frontiers, Graphene Square, Graphenea S.A., Samsung Electronics, Co. Ltd., SanDisk Corporation, Graphene Laboratories Inc., Grafoid Inc., Skeleton Technologies, IBM Corporation, and Galaxy Microsystems Ltd. among others.
About Transparency Market Research
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business Contact.
Graphene Electronics Market to Display 60.7% CAGR from 2015 to 2025, Functional Attributes of Graphene Propel Market
Transparency Market Research Added A New "Graphene Electronics Market Research Report" And Its Full Database.