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Graphene Electronics Market Unveiled: Trends, Partnerships, and Growth Projections

03-07-2024 01:59 PM CET | Industry, Real Estate & Construction

Press release from: DataM Intelligence 4Market Research

Graphene Electronics Market - DataM Intelligence

Graphene Electronics Market - DataM Intelligence

Report Overview
Global Graphene Electronics Market is expected to grow at a CAGR of 15.80% during the forecast period 2024-2031.

The increasing demand for IoT devices and smart technologies is fueling the need for advanced electronic components. Graphene-based materials and devices are being integrated into IoT sensors, communication modules, and wearable devices, enabling real-time data monitoring, remote sensing, and smart device functionalities. This market trend toward IoT integration presents significant opportunities for graphene electronics manufacturers to meet the growing demand for interconnected smart devices.

For example, on June 6, 2023, GrapheneDX, General Graphene Corporation, and Sapphiros announced a strategic partnership aimed at advancing the industrialization of graphene-based biosensors. These biosensors are designed for use in medical devices to diagnose a variety of diseases directly at the point of care and in consumer environments. GrapheneDx specializes in functionalizing graphene to produce graphene field-effect transistors.

In North America, companies are increasingly forming strategic collaborations to leverage complementary strengths and drive innovation in graphene electronics. Collaborations between research institutions and established corporations facilitate technology transfer and joint product development initiatives, further accelerating market growth and commercialization efforts.

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Graphene Electronics Market Trends

The growing preference for energy-efficient solutions is driving the adoption of graphene-based electronic components, such as transistors and interconnects. These components boast superior electrical conductivity, resulting in faster switching speeds and reduced power consumption compared to traditional materials like silicon. As energy efficiency becomes increasingly important in electronic devices, the utilization of graphene-based components in smartphones, computers, and other consumer electronics is expected to fuel market growth.

In response to the demand for energy-efficient components, manufacturers are actively developing new products. For example, on May 16, 2022, the 2D Experimental Pilot Line, an initiative under the Graphene Flagship, announced its inaugural customizable wafer run. This initial phase, part of a series of five multi-project wafer runs, focuses on sensor applications. The initiative invites participation from companies to incorporate their designs onto shared wafers, facilitating collaborative innovation in the field.

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Market Segmentation

By Type
Graphene Transistors
Graphene Sensors
Graphene Chips and ICs
Graphene Supercapacitors
Others

By Product
Display
Memories
Batteries
Solar Cell
Others

By Application
Consumer Electronics
Data Storage
Solar Power Generation
Others

By End-User
Automotive
Healthcare
Industrial Robotics
Aerospace and Défense

Market Key Players
Major players are Graphenea, Inc., Grafoid Inc., Skeleton Technologies, Samsung Electronics, IBM Corporation, AMG, Applied Graphene Materials, GrafTech International Ltd., Haydale Graphene Industries plc and CrayoNano.

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Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About DataM Intelligence:
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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