Press release
Graphene Electronics Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Graphene Electronics
The increasing demand for electric vehicles is set to drive the growth of the graphene electronics market. The demand for EVs is fueled by advances in battery technology and charging infrastructure, making EVs more accessible. Graphene enhances electric vehicle performance, efficiency, battery life, and charging speed. In June 2024, the International Energy Agency revealed that over 3 million electric cars were sold in Q1 2024, reflecting a 25% increase from the previous year.
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What Is the projected market size and growth rate for the graphene electronics market?
The graphene electronics market has seen exponential growth in recent years. It will grow from $1.36 billion in 2024 to $1.8 billion in 2025, with a CAGR of 33.0%. Growth drivers include government support for environmental conservation, the electrification of transportation, graphene's thermal conductivity, and its use in nanotechnology.
The graphene electronics market is expected to experience substantial growth, reaching $5.59 billion by 2029 at a CAGR of 32.7%. Growth is driven by the demand for energy-efficient products, increasing IoT device usage, a growing electric vehicle market, and the need for lightweight alternatives to carbon fiber. Key trends include advancements in technology, demand for high-capacity rechargeable batteries, and growing portable electronics.
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What new trends are reshaping the graphene electronics market and its opportunities?
In the graphene electronics market, companies are developing graphene field-effect transistors (GFETs) to improve performance and efficiency in next-generation electronics. For example, in January 2022, Graphenea Inc. launched the GFET-S30 for sensing applications. This chip utilizes a proprietary High-K Metal Gate process for enhanced efficiency in graphene devices.
What major market segments define the scope and growth of the graphene electronics market?
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
Subsegments:
1) By Display: OLED Displays, Transparent Displays, Flexible Displays, Quantum Dot Displays
2) By Memories: Graphene-Based Flash Memory, Graphene-Based DRAM, Graphene-Based Non-Volatile Memory
3) By Batteries: Graphene-Based Lithium-Ion Batteries, Graphene Supercapacitors, Graphene-Based Sodium-Ion Batteries, Solid-State Graphene Batteries
4) By Solar Cell: Graphene-Based Photovoltaic Cells, Graphene-Enhanced Solar Cells (Perovskite Solar Cells), Transparent Graphene Solar Panels
5) By Integrated Circuits And Chips: Graphene-Based Transistors, Graphene-Based Processors, Flexible And Wearable Electronics Circuits, High-Frequency Graphene Chips
6) By Other Products: Graphene Sensors, Graphene Antennas, Graphene For Flexible Electronics, Graphene-Based Light Emitting Diodes (LEDs)
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Which geographical regions are pioneering growth in the graphene electronics market?
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.
Which key market leaders are driving the graphene electronics industry growth?
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
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What Is Covered In The Graphene Electronics Global Market Report?
•Market Size Forecast: Examine the graphene electronics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the graphene electronics market for a structured understanding.
•Key Players Overview: Analyze major players in the graphene electronics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the graphene electronics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the graphene electronics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the graphene electronics market.
•Industry Challenges: Identify potential risks and obstacles affecting the graphene electronics market.
•Competitive Landscape: Review strategic developments in the graphene electronics market, including expansions, agreements, and new product launches.
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