PUBLISHER: The Business Research Company | PRODUCT CODE: 1704475
PUBLISHER: The Business Research Company | PRODUCT CODE: 1704475
Graphene electronics utilize graphene, a single layer of carbon atoms arranged in a two-dimensional lattice, within electronic devices. The outstanding electrical conductivity, mechanical strength, and flexibility of graphene render it suitable for applications such as high-speed transistors, flexible displays, and advanced sensors. This technology holds promise for significant advancements in performance and efficiency in forthcoming electronic systems.
Graphene electronics encompass various product types, including displays, memories, batteries, solar cells, integrated circuits, and chips. Displays involve the presentation of text, images, or sound through electronic devices, originating either from the device itself or from an external source. These products utilize diverse materials such as graphene film, graphene nanoplatelets, graphene oxide, and graphene foam across various industry verticals such as consumer electronics, automotive, healthcare, industrial robotics, aerospace and defense, among others.
The graphene electronics market research report is one of a series of new reports from The Business Research Company that provides graphene electronics market statistics, including graphene electronics industry global market size, regional shares, competitors with a graphene electronics market share, detailed graphene electronics market segments, market trends and opportunities, and any further data you may need to thrive in the graphene electronics industry. This graphene electronics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The graphene electronics market size has grown exponentially in recent years. It will grow from $1.36 billion in 2024 to $1.8 billion in 2025 at a compound annual growth rate (CAGR) of 33.0%. The growth in the historic period can be attributed to government support for environmental conservation, electrification of transportation, graphene's thermal conductivity, graphene's thermal conductivity, and graphene's use in nanotechnology.
The graphene electronics market size is expected to see exponential growth in the next few years. It will grow to $5.59 billion in 2029 at a compound annual growth rate (CAGR) of 32.7%. The growth in the forecast period can be attributed to the growing demand for energy-efficient products, increasing IoT device usage, growing use in consumer electronics, increasing demand for electric vehicles, and growing need for low-cost composite lighter alternatives to carbon fiber in various electrical gadgets. Major trends in the forecast period include advancements in technology, demand for high-capacity rechargeable batteries, thriving portable electronics, product extensions, and research and development activities.
The growing demand for electric vehicles is expected to drive the expansion of the graphene electronics market in the coming years. Electric vehicles (EVs) are powered by one or more electric motors. This surge in EV demand is fueled by advancements in battery technology, the expansion of charging infrastructure, and the increasing availability of different models. The integration of graphene electronics in electric vehicles has the potential to transform the industry by offering greater efficiency, improved performance, longer battery life, faster charging times, and enhanced safety features. For example, in June 2024, the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, reported that more than 3 million electric cars were sold in the first quarter of 2024, reflecting a 25% year-on-year increase. Additionally, global EV sales for 2023 surpassed 14 million, marking a 35% rise compared to the previous year, with electric cars accounting for around 18% of total car sales. China led the global market with 60% of total sales, while Norway saw a remarkable 93% EV sales share. In 2023, battery production reached 2.5 TWh, with projections exceeding 9 TWh by 2030. Thus, the growing demand for electric vehicles is fueling the growth of the graphene electronics market.
Leading companies in the graphene electronics sector are focusing on the development of graphene field-effect transistor (GFET) devices to enhance performance, efficiency, and miniaturization in the next generation of electronic devices. GFETs represent cutting-edge technology in electronics, offering notable advantages in speed, flexibility, and thermal management. For example, in January 2022, Graphenea Inc., a Spain-based manufacturer of graphene-based chips and materials, introduced the GFET-S30 tailored for sensing applications. This chip utilizes Graphene's proprietary High-K Metal Gate (HKMG) process flow to incorporate 30 back-gated graphene devices arranged in a grid pattern on the chip.
In May 2023, Paragraf, a UK-based graphene electronics manufacturer, acquired Cardea Bio for an undisclosed sum. This strategic acquisition aimed to broaden Paragraf's portfolio by integrating Cardea Bio's expertise to accelerate the mass production of next-generation devices capable of real-time analysis for point-of-need testing in agritech, healthcare, and environmental monitoring sectors. Cardea Bio, based in the US, specializes in graphene-based sensors for the real-time detection of small molecules.
Major companies operating in the graphene electronics market are AMG Advanced Metallurgical Group N.V., NanoXplore Inc., Skeleton Technologies GmbH, CVD Equipment Corporation, Vorbeck Materials Corporation, Directa Plus Spa, Versarien PLC, Grafoid Inc., Platonic Nano Tech, Graphene Platform Corporation, Graphenea Inc., Global Graphene Group, First Graphene Ltd., XG Sciences Inc., Crayonano AS, Graphene Square Inc., BTCorp Generique Nano Pvt, Ad-Nano Technologies Pvt ltd., HydroGraph Clean Power inc., Haydale Graphene Industries PLC, Paragraf Ltd., Angstron Materials Inc., Graphmatech AB, Cambridge Graphene Centre, Applied Graphene Materials Plc
North America was the largest region in the graphene electronics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the graphene electronics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the graphene electronics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The graphene electronics market consists of sales of graphene transistors, graphene batteries, graphene touchscreens, graphene displays, graphene integrated circuits and chips, and graphene sensors. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Graphene Electronics Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on graphene electronics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for graphene electronics ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The graphene electronics market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.