The North America Graphene Electronics Market would witness market growth of 31.9% CAGR during the forecast period (2022-2028).
Graphene can take the place of traditional electrode materials. Additionally, graphene has been applied in a variety of disciplines, including smart electricity, clean technology, and green technology. RFID, integrated chips, transistors, solar packaging, and solar chips can all make use of graphene as an electrode material. As a result, the electronics industry's fastest-growing segment has been graphene technology.
The market is anticipated to be driven by graphene's higher functionality and performance, high electrical and heat conductivity, and other key characteristics. In the last decade, touchscreen technology has advanced significantly, improving sensitivity, dependability, and cost-effectiveness. The development of touchscreen technology may be further accelerated by graphene, which is thinner and stronger than any other material.
The automotive, consumer electronics, and other industries growing demand for innovative electronics solutions with great mechanical strength, superior thermal conductivity, and high electron mobility is another factor fueling the market's expansion.
Manufacturers of graphene-based batteries have been increasing their production capacities. For example, one of the biggest producers of graphene, EDAWN, has made plans to start a 517-acre manufacturing plant in Northern Nevada. They are concentrating on making transparent conducting electrodes, silver nanowires, and EMI shielding, among other graphene-powered items. Due to the existence of major manufacturers and research initiatives in this region, more investment resources are provided to create next-generation graphene-based electronics solutions. This significantly aids in the expansion of the graphene electronics market.
The US market dominated the North America Graphene Electronics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $322.6 million by 2028. The Canada market is poised to grow at a CAGR of 34.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 33.7% during (2022 - 2028).
Based on Product, the market is segmented into Batteries, Display, Solar Cell, Memories, Integrated Circuits & Chips and Others. Based on Industry, the market is segmented into Automotive, Consumer Electronics, Industrial Robotics, Healthcare, Aerospace & Defense and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Graphene Electronics Market is Predict to reach $1.6 Billion by 2028, at a CAGR of 32.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), Talga Group Ltd., NanoXplore, Inc., Versarien plc, AMG Advanced Metallurgical Group N.V., Haydale Graphene Industries PLC, First Graphene Ltd., Graphenea, Graphene Platform Corporation, and Graphene Square, Inc.
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