Global Graphene Electronics Market Industry Segments Application And Forecast 2027
Global Graphene Electronics market was valued at US$ 280.96 Mn. in 2020 and expected to grow at a CAGR of 15.6 % during the forecast period (2021-2027). Thanks to the growing trend temperature sensor segment use have boosted demand for Graphene Electronics Market.
Graphene Electronics Market Overview:
Maximize Market Research provides a brief description of Global Graphene Electronics Market, provides the latest snapshots of the market, and best understands its features. The report provides an overview of the market with standard topics highlighted with data adjusted as needed. This overview will help you decide how to approach the market and understand the situation in the industry. This research methodology has been applied to examine the Global Graphene Electronics Market and these findings have been logically mentioned in this report.
Graphene is a two-dimensional carbon allotrope with a honeycomb lattice in which the carbon atoms are organised. It is an extraordinarily thin, flexible, and translucent material that was discovered in 2004. It is one of the strongest materials now available, and the carbon arrangement provides it appealing and distinctive features. It is one among the most promising nanomaterials as a result of these qualities, and it is being considered for usage in a variety of applications ranging from optics to electronics. It is widely utilised in smartphones and tablets, batteries, and sensors due to its high thermal and electrical conductivity and resistance. As a result, by 2027, the global graphene electronic market is estimated to be worth $775.09 million dollars.
Market Scope:
The Graphene Electronics market report thoroughly covers analysed insights of key players in terms of market, applications, and geographies to help you identify competition both domestic and globally. The research also includes available micro market investment options for investors, as well as a full analysis of the competitive landscape and significant product offered by companies.
Graphene Electronics Report provides in-depth knowledge and comprehension of trends, dynamics, and other topics. The research identifies the most important trends that will have an impact on the business. It aids in the identification of the information included in the research determining the competitive landscape of key companies, factors affecting the market, and other aspects that can help you determine whether your present marketing plans are on track and how to enhance them.
Graphene Electronics Market Dynamics:
The report covers comprehensive data on market drivers, restraints, emerging trends, and growth opportunities that can change the market dynamics of the end use industry. It provides an in-depth analysis of the Graphene Electronics Market segments which include products, applications, and competitor analysis.
The graphene electronics market is being boosted by the increased need for IoT applications in the household and industrial sectors. As a result of the efficiency, speed, and stability of graphene-enabled IoT devices, more consumers are drawn to IoT devices. The IoT sensor is coupled with graphene electronics to give very sensitive and quick reaction times, resulting in tremendous growth prospects over the projection term. The graphene electronic market is predicted to increase rapidly due to rising per capita income and urbanisation, as well as rapid technical advancement. The global market is being pushed by the expanding number of organisations and their requirement for data storage. Because graphene is employed in storage device production.
The graphene electronics industry is rising due to increased government initiatives for environmentally friendly energy generation and increased research and development activities. Infrastructure for energy conversion and storage that can efficiently transmit electrical and thermal qualities while charging quickly is necessary to make advantage of renewable energy sources. Graphene-based batteries offer a higher energy storage capacity and require less charging time, making them more useful in energy conversion applications. These graphene-based batteries are used to store converted energy in solar energy generating plants. EDAWN, the world's premier graphene manufacturer and the only maker of non-flammable graphene-based batteries on the market, will open a 517-acre manufacturing plant in Northern Nevada in November 2021.
Recently, the India-based startup "Log 9" announced plans to launch a graphene-based battery for electric vehicles. By March 2022, the business plans to have installed Rapid Charging Battery Packs in over 3000 vehicles, including two- and three-wheeled electric vehicles. By FY 2023, the carmaker plans to deploy over 20,000 vehicles across the country. Log 9 has already ran pilots in India, but it is hoping to expand into new regions such as Southeast Asia. This recent development may provide a competitive advantage in the market.
The manufacture of high-quality graphene is an expensive and time-consuming procedure, they are extremely reactive with oxygen and heat, and they include harmful compounds and impurities, to name a few reasons affecting the graphene electronics market's growth.
PESTEL Analysis:
Report provided by Maximize Market Research gives PESTEL Analysis which helps you in designing the business strategies. Political factors like tax policy, environmental regulations, tariffs etc. helps you determine the extent to which a government may influence the Graphene Electronics market. Economic factors like interest, exchange, inflation and wage rates, minimum wage, etc. helps in analysing determinants to economy’s performance that impacts Graphene Electronics market.
Social factors like cultural norms and expectations, health consciousness, population growth rates etc. helps in planning marketing analytics and strategies. Technological factors like innovations and developments in technologies can impact market growth. Legal factors like changes to legislation impacting employment, access to materials, etc. can help you understand the impact on market in a region or country. Legal factors helps in understanding effect of the surrounding environment and the influence of ecological aspects for Graphene Electronics market.
Competitive Landscape and Graphene Electronics Market Share Analysis:
The competitive landscape for the Graphene Electronics market gives statistics and data on the various competitors. The study provides a detailed analysis and reliable revenue information for the player from 2018 to 2021. It also includes a detailed analysis based on accurate revenue (global and regional) information for the period 2018-2021. Company description, principal business, total revenue and sales, revenue earned in the Graphene Electronics business, date of entry into the Graphene Electronics market, Graphene Electronics product introduction, recent advancements, and other details are given.
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Segmentation:
Graphene transistors, Graphene sensors, Graphene chips & ICs, and Graphene supercapacitors make up the graphene electronics business. The graphene supercapacitors segment now dominates the global market, with a 45 percent share in 2020. It's a very thin layer of pure carbon. It is widely employed in electronic applications like as energy generation, grid power support, automotive, and consumer devices due to its remarkable strength and environmentally beneficial nature. "Skeleton Technologies" just announced the SkelCap SCX5000 cell, SkelMod 162V 92F module, and SkelMod 54V 277F module, all of which are next-generation supercapacitors for industrial and transportation applications. Skeleton's New Graphene Supercapacitors are predicted to generate significant demand during the projection period due to their high energy density of up to 72 percent.
Consumer electronics, data storage, and solar power generation are the three segments of the graphene electronics market. Consumer electronics leads the global market, with a market value of US$ 112.3 billion in 2020. Graphene improves the user experience by being used as a coating for smartphones, computers, and wearable devices. The industry is predicted to rise in response to the growing population and increased spending on IoT devices. Catlike, a Spanish startup, created a graphene-integrated bicycle helmet in 2014. Which is light and sturdy, and has a high level of safety and impact absorption. And ZOLO, a leading audio equipment manufacturer, is working on a graphene-enhanced wireless battery to improve sound quality and battery life.
Key Players:
• Graphene Frontiers
• Graphene Laboratories, Inc.
• Graphene Square
• Grafoid, Inc.
• Graphenea S.A.
• Skeleton Technologies
• Samsung Electronics Co. Ltd.
• IBM Corporation
• SanDisk Corporation
• Galaxy Microsystems, Ltd.
• AMG Advanced Metallurgical Group
• Applied Graphene Materials Plc.
• Graftech International Ltd.
• Haydale Limited
• BASF SE
• Crayonano AS
• Grafoid, Inc.
• Graftech International Ltd.
• Grafen Chemical Industries Co. Ltd.
• Graphene Platform Inc.
• Graphene Technologies
The competitive landscape is an important component of Graphene Electronics market that every crucial player should be aware of. The research report covers the competitive landscape of the worldwide Graphene Electronics market, allowing readers to understand competitiveness at both the domestic and global levels. Areas of operation, production, and product portfolio are all important considerations. The report also focuses on BCG matrix, competitive benchmarking, and SWOT analysis in addition to Graphene Electronics Market Share analysis of companies, detailed profiling of products and business overview.
Regional Analysis:
Our reports' Regional insights ensure that you are well-informed on the Graphene Electronics market on a regional level. Understanding local energy, economic, political, and geographic variables is critical for any meaningful assessment of viable policy options in response to global market change. Our report enables you to understand regional insights ensuring the effects on Graphene Electronics market and local growth opportunities, restraints domestic area wise as well.
COVID-19 Impact Analysis on Graphene Electronics Market:
COVID-19 has a thorough impact on the Graphene Electronics market in North America, Asia Pacific, the Middle East, Europe, and South America, according to the report offered by Maximize Market Research. During this crisis, our report presents a comprehensive examination of alternatives, challenging conditions, and difficult situations in the Graphene Electronics market. The study briefly discusses the benefits as well as the challenges of the COVID-19 in terms of funding and market expansion. The updated study provides insights, analysis, estimates, and forecasts that take into account the impact of COVID 19 on the Graphene Electronics market.
Key Questions answered in the Graphene Electronics Market Report are:
- Which product segment grabbed the largest share in the Graphene Electronics market?
- How is the competitive scenario of the Graphene Electronics market?
- Which are the key factors aiding the Graphene Electronics market growth?
- Which region holds the maximum share in the Graphene Electronics market?
- What will be the CAGR of the Graphene Electronics market during the forecast period?
- Which application segment emerged as the leading segment in the Graphene Electronics market?
- Which are the prominent players in the Graphene Electronics market?
- What key trends are likely to emerge in the Graphene Electronics market in the coming years?
- What will be the Graphene Electronics market size by 2027?
- Which company held the largest share in the Graphene Electronics market?
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