Global Graphene Technology Market Forecast to Grow at 55.54% CAGR till 2023

Research and Markets has announced the addition of the “Graphene Electronics Market: Materials, Devices, Products, & Developments 2013 – 2023” report to their offering.

Graphene is an emerging conducting material with the potential to substitute traditional electrode materials such as Indium tin oxide (ITO) in electrical and optical devices. It has several beneficial characteristics including stumpy sheet resistance, high optical lucidity and exceptional mechanical and physical properties. Latest researches have concurred with increased interest in the application of graphene as an electrode material in transistors, integrated chips, solar cells, nano-intermediates, RFID (Radio Frequency Identification), smart packaging and flexible devices. Graphene technology is a set to become a booming sector of the electronics market. It can be referred as any electronic device or product which uses graphene in their production process to produce graphene materials, graphene devices and products.

The global graphene technology market is expected to grow at a healthy CAGR of 55.54% from 2013 to 2023. In terms of technology, CVD (Chemical Vapor Deposition) process accounted for the largest market revenue in 2013, and is expected to grow with CAGR of 53.15% from 2013 to 2023. The industry is also witnessing a flourishing of other technology mapping such as graphite exfoliation, scotch tape method, synthesis on silicon carbide (SiC) and more.

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