The global graphene electronics market is anticipated to grow significantly over the forecast period. Graphene, 2D versatile allotrope of carbon, has densely packed carbon atoms in a single plane. It has superior optical, electrical, chemical and semiconductor properties. Conventional electrode materials can be replaced by graphene. Graphene has also been used in diverse application fields such as green technology, smart electricity, and clean technology. As an electrode material, graphene can be used in RFID, solar chips, integrated chips, transistors, and solar packaging. Graphene technology has been the highest growing area in the electronics market. High electricity and heat conductivity, and superior functionality and performance of graphene are major features which are expected to drive the market. The high-cost factors, investments, high expenditure, lack of required infrastructure, and design complexities are expected to be the major market restraints. High investments are expected to prevent market growth and new entrants from entering the market.
By application, the graphene electronics market is segmented into thermal management, consumer, data storage, communication, computing, sensing, display and touch, solar, PV, and green tech application sectors. The highest market share has been held by solar, PV, and green tech application sector. The second-largest market share has been held by the thermal management application sector followed by the consumer application sector, sensing application sector, and display and touch application sector.
Graphene technology market is segmented into graphite ore, chemical vapor deposition (CVD), and others. Chemical vapor deposition is sub-segmented into the thermal and plasma CVD process.
By materials, graphene electronics market in segmented into graphene nanotechnology materials, photovoltaic graphene materials, electronic materials, structured materials, electric and conducting materials, and others.
By devices, market is divided into graphene transistors, graphene sensors, graphene super capacitors, graphene chips, and ICs, lenses, pseudo spintronics, spintronics based graphene devices, and others.
By region, the market is segmented into North America, Europe, Asia Pacific, and RoW. In terms of the graphene technology market value, North America has held the largest market share. Asia Pacific, especially China, is expected to be fastest-growing market. Demand in Europe (Germany and the U.K.) and Rest of the World, especially Latin America and the Middle East, may experience high growth.
Many new players have entered this market and a large number of partnerships and collaborations have been experienced across the value chain. Key players in graphene electronics market are GrafTech International, Inc. (U.S.), Nokia Oyj (Finland), Lomiko Metals, Inc. (Canada), Grafen Chemical Industries Co. Ltd. (Turkey), Sony Corp. (Japan), Samsung Electronics Co. Ltd. (South Korea), AMD (U.S.), Graphene Frontiers LLC (U.S.), IBM (U.S.), CrayoNano (Norway) and Quantum Materials Corporation (U.S.).