Global Market for Graphene Electronics is Anticipated to grow at a Significant Pace i.e., USD 1.2 Billion during the Forecast Period 2025 - 2030

Published Date: Mar, 2024

The global graphene electronics market is anticipated to grow at a 15.7% CAGR during the forecast period 2025-2030. Graphene is highly adopted in the semiconductor and electronics industries, which offers them tremendous opportunities for products and devices. A flurry of new product innovations, patent filings, mergers, collaborations, and other alliances are taking place in the industry as a number of research institutions and enterprises compete for the first-mover advantage. The industry's main activity is the forward integration of research institutes into commercial players, leading to the growth of the graphene electronics market. One of the major causes driving graphene electronics adoption during the forecast period is the conductivity feature of the graphene. Graphene's adaptability and exceptional qualities like thermal and electrical conductivity, strength, and lightweight, have facilitated its use in solar energy devices, electrical devices, and batteries. Consumer electronics, communication, aerospace, defense, telecommunication, solar & photovoltaic, biotechnology, and nanotechnology are just a few of the industries that have adopted graphene. Moreover, graphene-based batteries offer a higher energy storage capacity and require less time to charge, making them more popular in energy conversion applications. These graphene-based batteries are used to store converted energy in solar energy generating plants. Thus, the growing desire for longer-lasting electronic devices is also boosting the use of graphene electronics.

In July 2022, CAF Power & Automation, a prominent developer of electric power solutions for the rail sector, announced a significant contract with Skeleton Technologies. The agreement entails the supply of ultracapacitors for trams powered by CAF P&A's OESS-s system (On-Board Energy Storage Systems). Skeleton Technologies' cells will be integrated into the Greentech OESS portfolio, which has gained recognition from renowned railway firms for its innovative energy recovery, peak shaving, and catenary-free applications.

COVID-19 Impact on Graphene Electronics Market:

The global graphene electronics market experienced setbacks as a result of the COVID-19 outbreak. The industry faced significant disruptions in manufacturing and supply chains, along with government-imposed restrictions and reduced consumer demand. However, with the gradual lifting of enforced lockdowns, the market for graphene electronics is expected to rebound.

Graphene Electronics Market Recovery Anticipated:

As economies regain stability and demand for advanced electronics and energy storage solutions grows, the graphene electronics market is projected to recover. Graphene, a single layer of carbon atoms with exceptional properties, including high electrical conductivity and mechanical strength, has immense potential in various sectors such as electronics, energy storage, and sensing applications.

Moving forward, ongoing research and development efforts, investments in graphene production technologies, and expanding applications across industries will drive the recovery and growth of the graphene electronics market.

CAF Power & Automation's partnership with Skeleton Technologies to supply ultracapacitors for trams highlights the focus on energy storage advancements in the rail sector. Moreover, while the graphene electronics market faced challenges due to the COVID-19 pandemic, the market's recovery is expected as lockdown measures are eased. The unique properties of graphene and its potential to revolutionize electronic applications positions it for future growth and adoption in diverse industries.

Browse 53 market data Tables and 35 Figures spread through 200 Pages and in-depth TOC on " Graphene Electronics Market by Device Type (Graphene Transistors, Graphene Sensors, Graphene Chips & ICs, and Graphene Supercapacitors), by Material Type (Graphene Film, Graphene Nanoplatelets (GNPs), Graphene Oxide, Graphene Foam, and Others), by Application (Consumer Electronics, Data Storage, and Solar Power Generation Industries), and Region - Global Forecast to 2030"

By device type, the graphene supercapacitors are anticipated to have the largest share during the forecast period.

On the basis of device type, the global graphene electronics market is divided into graphene transistors, graphene sensors, graphene chips & ICs, and graphene supercapacitors. The graphene supercapacitors dominate the market as graphene is a thin layer of pure carbon material. Owing to its properties such as high strength, light absorption, and environment-friendly nature, it is extensively used in electronic applications which include energy generation, grid power support, consumer devices, and automobiles.

Global Graphene Electronics Market Segmentation and Key Players

Segment / Key Players

Categorization

Device Type

Graphene Transistors, Graphene Sensors, Graphene Chips & ICs, and Graphene Supercapacitors

Material Type

Graphene Film, Graphene Nanoplatelets (GNPs), Graphene Oxide, Graphene Foam, and Others

Application

Consumer Electronics, Data Storage, and Solar Power Generation Industries

Key Players

Graphene Frontiers, Graphene Research Labs Pvt. Ltd, GRAPHENE SQUARE INC., Grafoid Inc, Graphenea S.A., Skeleton Technologies, IBM Corporation, Western Digital Corporation, SAMSUNG, and BASF SE.

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“Asia-Pacific is anticipated to have the fastest growth in the graphene electronics market during 2025-2030.”

APAC is anticipated to grow at a faster pace in the graphene electronics market owing to the increased presence of manufacturers in the consumer electronics sector will accelerate the growth of the market. Data storage facilities, whether in-house or outsourced, are becoming increasingly popular in this region's IT industry. This will drive up demand for high storage density and rewriteable capacities, giving the market plenty of room to develop.

Some of the major players in the global graphene electronics market include Graphene Frontiers, Graphene Research Labs Pvt. Ltd, GRAPHENE SQUARE INC., Grafoid Inc, Graphenea S.A., Skeleton Technologies, IBM Corporation, Western Digital Corporation, SAMSUNG, and BASF SE.

Global Graphene Electronics Market Coverage

Device Type Insight and Forecast 2025-2030

  • Graphene Transistors
  • Graphene Sensors
  • Graphene Chips & ICs
  • Graphene Supercapacitors

Material Type Insight and Forecast 2025-2030

  • Graphene Film
  • Graphene Nanoplatelets (GNPs)
  • Graphene Oxide
  • Graphene Foam
  • Others

Application Insight and Forecast 2025-2030

  • Consumer Electronics
  • Data Storage
  • Solar Power Generation Industries

Geographical Segmentation

Graphene Electronics Market by Region

North America

  • By Device Type
  • By Material Type
  • By Application
  • By Country – U.S., Canada, and Mexico

Europe

  • By Device Type
  • By Material Type
  • By Application
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Device Type
  • By Material Type
  • By Application
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Device Type
  • By Material Type
  • By Application
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries