Electronics.Ca Publications has released a new report titled "Graphene: Technologies, Applications, and Markets". According to a new market research report, the market value for graphene-based products worldwide will be estimated at a value of $67 million in 2015 and is expected to rise to $675.1 million in 2020. The compound annual growth rate (CAGR) of graphene-based products is estimated to be at 58.7%.
The report states that the commercial market for graphene technologies was established due to graphene structural materials in 2009-2010. It predicts that structural materials will contribute for 26.1% of the market and worth $17.5 million by 2015. By 2020, this sector is anticipated to grow at a 39% compound annual growth rate (CAGR) to achieve $91 million.
By 2020, capacitors will contribute over 50% of the graphene technologies market. This segment is predicted to account for $26 million in 2015 and to grow at a 67% CAGR to achieve $340 million in 2020.
Analysts anticipate that graphene products will sell commercially well before 2015. This one-atom-thick sheet of carbon having excellent electrical conductivity, strength and flexibility is suitable for high-energy particle physics research and can be used in optical, electronic, and energy applications.
Graphene is used in electronics applications including super-dense data storage, ultra-small transistors, wearable electronics, and touch screens. It is used in ultra capacitors for storage and transmission of electrical power and in high efficiency solar cells.
The report’s objective is to study the applications and emerging technologies in graphene, recognize the ones that can reach considerable commercial sales over the next 5 - 10 years, and develop estimates of sales potential. This report is useful especially for entrepreneurs, marketing executives, venture capitalists, investors, and other readers who are looking for detailed knowledge of the emerging graphene market.
Source: http://www.electronics.ca/