Kenneth Research has recently added a report titled Graphene Electronics market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2021-2024. Graphene Electronics market is further anticipated to grow with a CAGR of 47.6% during the forecast period. Factors such as the growing advancements in the development of novel drugs, coupled with the growing health infrastructure in several nations worldwide are anticipated to drive the growth of the market in the coming years. Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Global Graphene Electronics Market is estimated to reach $797 million by 2024; growing at a CAGR of 47.6% from 2016 to 2024. Graphene is a two-dimensional carbon allotrope which exhibits properties of being the lightest and strongest material and can be integrated into a huge number of applications. Graphene consists of unique transport properties such as high thermal conductivity, mechanical strength, carrier saturation velocity, high fermi velocity, and others. Owing to these characteristics, it makes an excellent material for advanced applications for next-generation electronics. Moreover, increase in research & development on high quality graphene to overcome the challenge of not having a band gap would provide various opportunities in the near future.
The global graphene electronics market is primarily driven by factors such as increasing research & development, rising demand for flexible & high performing products, and increased adoption in advanced batteries and ultracapacitors. However, high cost and availability of substitute may act as a major hindrance for the market growth. Further, emerging markets and new product development might provide new growth opportunities for the market in the given forecast timeframe.
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Global graphene electronics market is segmented into material type, application, and geography. On the basis of material type, the market is segmented into graphene film, graphene oxide, graphene nano platelets, graphene foam, and other material types. On the basis of application, the market is segmented into batteries & ultracapacitors, sensors, electronic products body applications, and other applications (display, electro-mechanical systems, solar cells, chips, lighting, and memory).
Based on geography, the global graphene electronics market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The U.S., Canada, and Mexico are covered under North America wherein Europe covers Germany, France, UK, and Rest of Europe. Asia-Pacific covers China, Japan, India, and Rest of Asia Pacific. Rest of the World (RoW) covers South America, Middle East and Africa.
Major players for the global graphene electronics market are Samsung Electronics Co., Ltd., GrafTech International Ltd., Graphenea SA, Grafen Chemical Industries Co. Ltd., CrayoNano, Skeleton Technologies, IBM Corporation, Grafoid, Inc., Applied Graphene Materials Plc., and AMG Advanced Metallurgical Group, among others.
The key takeaways from the report
The report will provide detailed analysis of Global Graphene Electronics Market with respect to major segments such as material type, and technology
The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities is included in the report
An exhaustive regional analysis of Global Graphene Electronics Market will be provided in the report
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Profile of the key players in the Global Graphene Electronics Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Graphene Electronics Market
Material Type Segments
Graphene Nano Platelets
Other Material Types
Batteries & Ultracapacitors
Electronic products body applications
Other applications (Include Display, Electro-Mechanical Systems, Solar Cells, Chips, Lighting, and Memory)
Rest of Europe
Rest of Asia-Pacific
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