Global Market for Graphene Electronics is Anticipated to grow at a Significant Pace i.e., USD 774.6 Million during the Forecast Period 2021-2027

Published Date: Apr, 2022

The global graphene electronics market is anticipated to grow at a 15.7% CAGR during the forecast period 2021-2027. 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 2021, CAF Power & Automation, a leading developer of electric power solutions for the rail sector, has secured a contract with Skeleton Technologies to supply ultracapacitors in trams powered by CAF P&A's OESS-s system (On-Board Energy Storage Systems). Skeleton's cells will be part of the Greentech OESS portfolio, which is already being used by some of the world's most prestigious railway firms to provide cutting-edge solutions for energy recovery, peak shaving, and catenary-free applications.

The COVID-19 outbreak has had an adverse impact on the graphene electronics market owing to substantial disruption in manufacturing and supply chain operations, restrictions by the government, and a reduction in consumer demand. However, the market demand for graphene electronics is anticipated to recover owing to the lifting of enforced lockdowns.

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 2027"

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 Analysis

Segment

Categorization

Leading Category

Device Type

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

Graphene Supercapacitors (Largest)

Material Type

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

Graphene Film (Largest)

Application

Consumer Electronics, Data Storage, and Solar Power Generation Industries

Consumer Electronics (Fastest)

 

Region

North America, Europe, Asia-Pacific, and Rest of the World

North America

(Largest)

Asia-Pacific (Fastest)

 

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“Asia-Pacific is anticipated to have the fastest growth in the graphene electronics market during 2021-2027.”

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.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Device Type, Material Type, Application, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

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 2015-2027

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

Material Type Insight and Forecast 2015-2027

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

Application Insight and Forecast 2015-2027

  • 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