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Graphene Electronic Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030

The Global Graphene Electronic Market Size Was Valued At USD 337.0 Million In 2022 To USD 2,172.2 Million By 2030, Exhibiting A CAGR Of 30.5% During The Forecast Period 2022-2030.
Graphene Electronic Market Overview:
Growing global consumption of consumer electronics such as computers, smartphones, TVs, and other electrical devices is a major factor driving the growth of the Graphene electronics market during the forecast period. Additionally, factors such as low power consumption, high density, and transparency have been key factors driving the adoption of graphene in various industries.
Demand for graphene batteries in industries such as automotive and consumer electronics is estimated to significantly increase the demand for graphene electronic devices, especially energy storage applications, due to their lightweight, long-lasting, high capacity, and fast charging time. In March 2020, researchers at Trinity College Dublin, CIC EnergiGUNE, and INCAR-CSIC in Spain announced the development of a rechargeable battery and energy storage device made from non-toxic and environmentally friendly graphene-based material. Additionally, growing demand for electric vehicles and solar panels is expected to drive the market as there will be a high demand for secondary cells that can become graphene batteries. Additionally, increasing use in smartphones, tablets, and other consumer electronics, batteries, robotics, sensors, wearables, power generation, and various other applications are driving the demand for graphene electronics.
Graphene Electronic Market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Graphene Electronic Market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Key Market Updates:
- In February 2020, CPI was signed by Graphene Leaders Canada Inc., a Canadian SME. and the National Research Council of Canada announced the development of a scalable purification process for the production of graphene oxide.
Major Market Segments Covered in Graphene Electronic Market Industry Research:
Market Key Players:
Graphene Frontiers, Graphene Laboratories, Inc., Graphene Square, Grafoid, Inc., Graphenea S.A., Skeleton Technologies, Samsung Electronics Co., Ltd., SanDisk Corporation, Galaxy Microsystems Ltd., IBM Corporation, and AMG Advanced Metallurgical Group N.V.
By Type:
- Graphene transistors
- Graphene sensors
- Graphene chips and ICs
- Graphene supercapacitors
By Material Type:
- Graphene film
- Graphene nanoplatelets (GNPs)
- Graphene oxide
- Graphene foam
- Others
By Application:
- Graphene film
- Graphene nanoplatelets (GNPs)
- Graphene oxide
- Graphene foam
- Others
By Region:
APAC accounted for a major share of approximately 42.8% of the global graphene electronics market in 2020 due to the presence of prominent manufacturers of consumer electronics and other products such as batteries, solar panels, etc. Beyond this, as a leading manufacturer of semiconductors and displays, Taiwan is in a strong position to drive innovation in graphene electronics. North America is estimated to account for the second largest market share in the graphene market in 2019, owing to increased investment in graphene electronics R&D, which has opened up new growth horizons in the region. The United States is a country with many graphene manufacturing industries in this region. The presence of electric vehicle manufacturers and government regulations on environmental conservation are boosting market growth in the region.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Belgium
- The Netherlands
- Luxembourg
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Benelux Union
- Rest of Europe
- Asia-Pacific
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Significant Market Dynamics:
Drivers
The use of graphene for the development of faster and lower-power-consuming devices owing to its high mechanical strength, superior thermal conductivity, high electron mobility, and other properties has accelerated significantly in the last five years. In 2019, a UK-based start-up, Paragraf raised $16 million to develop graphene-based sensors and replace the rare metal indium with graphene in electronic devices. In March 2021, the company launched a graphene-based Hall effect sensor which provides a faster, more direct measurement of the magnetic field, with the resolution and range required for accurate battery cell mapping. The growing emphasis of the OEMs to develop graphene-based electronic products is analyzed to significantly assist the market growth during the forecast period 2021-2026.
The demand for memory devices has witnessed a significant surge in the demand owing to the increasing adoption of mid and high-end smartphones, laptops, wearables, gaming consoles, and other devices which uses these chips for volatile and non-volatile memory. Factors such as low power consumption, higher density, transparency, SET voltage modulation, high uniformity, and others are set to result in the shift in focus of the memory device manufacturers towards the development and use of graphene in their products. This is set to assist in further penetration of graphene-based memory devices in the consumer electronics devices sector in the future. Scientists from Russia and Japan recently discovered a graphene-based substance that has the potential to dramatically enhance the recording density in data storage devices such as SSDs and flash drives. In January 2021, Researchers at the Cambridge Graphene Center, University of Cambridge, developed a new type of resistive memory using graphene that can be scaled down beyond current limitations.
Challenges
Graphene is a good conductor of electricity, but it lacks a band gap and, like graphite cannot be turned off. Recently, researchers made the band gap structure permanent in graphene through laser shock imprinting which used a laser to create shockwave impulses that penetrated an underlying sheet of graphene. These laser shocks strained the graphene film onto a trench-like mold thereby permanently shaping it. However, there is a significant time to market for commercializing graphene into semiconducting devices, despite the technique granting more flexibility in taking advantage of the Graphene's optical, magnetic and thermal properties. This is set to impede the Graphene Electronics Market growth during the forecast period.
Graphene Electronic Market report scope:
Report Attributes |
Details |
Growth Rate |
CAGR of 30.5% from 2022 to 2030. |
By Type |
Graphene transistors, Graphene sensors, Graphene chips and ICs, Graphene supercapacitors |
By Application |
Graphene film, Graphene nanoplatelets (GNPs), Graphene oxide, Graphene foam, Others |
By Companies |
Graphene Frontiers, Graphene Laboratories, Inc., Graphene Square, Grafoid, Inc., Graphenea S.A., Skeleton Technologies, Samsung Electronics Co., Ltd., SanDisk Corporation, Galaxy Microsystems Ltd., IBM Corporation, and AMG Advanced Metallurgical Group N.V. |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Key Takeaways from this Graphene Electronic Market Report
- Estimate Graphene Electronic Market potential by analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, applications, and by different industry verticals.
- Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
- Know the different dynamics affecting the market - challenges, key driving factors, and opportunities.
- Get a quick viewpoint on the Graphene Electronic Market entropy - M&A's, deals, partnerships, and product launches of all key companies for the historical 5 years.
- Estimate the supply-demand gaps, import-export data, and regulatory landscape for more than the top 20 countries worldwide for the market.
- Get complete insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
- Study the sales and distribution channels over key geographies to improve top-line revenues.
Frequently Asked Questions-
What is the CAGR of Graphene Electronic Market?
The Graphene Electronic Market is growing at a CAGR of 30.5% During the Forecast Period.
What are the key types of Graphene Electronic Market?
Graphene transistors, Graphene sensors, Graphene chips and ICs, Graphene supercapacitors
What are the key applications of Graphene Electronic Market?
Graphene film, Graphene nanoplatelets (GNPs), Graphene oxide, Graphene foam, Others
Who are the key players in Graphene Electronic Market?
Graphene Frontiers, Graphene Laboratories, Inc., Graphene Square, Grafoid, Inc., Graphenea S.A., Skeleton Technologies, Samsung Electronics Co., Ltd., SanDisk Corporation, Galaxy Microsystems Ltd., IBM Corporation, and AMG Advanced Metallurgical Group N.V.