How Market of the Graphene Electronics is Growing by its Unique Properties ?


Posted February 24, 2016 by hawerr

The demand for advanced electronic devices is increasing every year, thus boosting the growth of the global graphene electronics market further. Graphene-based chips are faster and dispel better heat as compared to traditional chips

 
Graphene is a two dimensional (2D) allotrope of carbon. The University Of Manchester’s professors, Professor Kostya Novoselov and Professor Andre Geim, isolated graphene for the first time in 2004, at United Kingdom (U.K.). The unique properties and versatile nature of graphene has led to it being explored for numerous applications. Graphene is a very good conductor of heat and electricity and is deemed to be the lightest and strongest material currently available. Since its discovery, graphene has been researched on for developing advanced electronic devices and their components. Use of graphene solely, or in conjunction with other 2D materials, such as boron nitride and tantalum (IV) sulfide among others, to develop advanced electronic devices can be expected in the coming years. Despite the relatively recent isolation of graphene, the properties of graphene led to various organizations and universities heavily investing in realizing the potential of graphene in revolutionizing the electronic industry.

The Graphene Electronics Market was valued at US$8.5 mn in 2014 and is expected to reach US$1.2 bn by 2025, growing at a CAGR of 60.7% from 2015 to 2025.

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The global graphene electronics market is primarily driven by the versatile nature of graphene. Currently, very few graphene based electronic devices are currently available commercially across the globe. It includes graphene field effect transistors (GFETs), ultracapacitors, security tags, biosensors and cables among others. The superconductivity feature of graphene is being utilized for developing advanced batteries and ultracapacitors. Graphene has more surface area, compared to activated carbon, for which graphene based ultracapacitors has more energy density and also are better in storing electrostatic charge. The high mechanical strength, though being only one atom thick and good elastic property aides in making the ultracapacitors lighter and more efficient. GFETs based biosensors and chemical sensors have already being proved to be much faster and more accurate than traditional sensors. Electronic components such as chips and electromechanical systems (EMS) developed with silicon and graphene has shown better features when compared to currently available products. Numerous other applications are being researched globally for developing graphene based electronic devices. With the rising demand for advanced electronic devices having better features, in the global electronic industry, the graphene electronics market can be expected to be impacted positively during the forecast period.

The demand for advanced electronic devices is increasing every year, thus boosting the growth of the global graphene electronics market further. Graphene-based chips are faster and dispel better heat as compared to traditional chips. With better production techniques of graphene and advanced research and development, the global graphene electronics market is expected to develop rapidly in coming few years.

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The global graphene electronics market can be geographically classified into North America, Asia Pacific, Europe, and Rest of the World. In 2014, the North America market for graphene electronics dominated the global graphene electronics market with a 40% share. The North America market for graphene electronics is expected to maintain its dominant position till 2025 due to a high level of research. Other regions are expected to maintain a steady growth during the forecast period.

Some of the leading players for Graphene Market are:

> Graphene Frontiers (U.S.)
> Graphene Laboratories, Inc. (U.S.)
> Graphene Square (South Korea)
> Grafoid, Inc. (Canada)
> Graphenea S.A. (Spain)
> Skeleton Technologies (Germany)
> Samsung Electronics Co. Ltd. (South Korea.)
> IBM Corporation (U.S.)
> SanDisk Corporation (U.S.)
> Galaxy Microsystems, Ltd. (China)

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Issued By Mr.Sudip S
Country United States
Categories Business , Research , Semiconductors
Tags global graphene electronics market , graphene electronics market , graphene electronics market forecast , graphene electronics market share , graphene electronics market size , graphene electronics market trends
Last Updated February 24, 2016