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Graphene Electronics Market Is Projected To Grow USD 1318.5 Million By 2029, at a Compound Annual Growth Rate (CAGR) of 20.8%| Valuates Reports

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BANGALORE, India, Aug. 8, 2023 /PRNewswire/ — Graphene Electronics Market is segmented by type (Graphene Transistors, Graphene Supercapacitors, Graphene Sensors, Graphene Ics & Chips, Others), by application (Batteries and ultracapacitors, Display, Sensors, Electro Mechanical Systems (EMS), Solar Cells, Others): Global Opportunity Analysis and Industry Forecast 2023-2029. It is published in Valuates Reports under the Engineering & Technology Category.

The global Graphene Electronics market is projected to grow from USD 424.3 million in 2023 to USD 1318.5 million by 2029, at a Compound Annual Growth Rate (CAGR) of 20.8% during the forecast period.

Major Factors Driving The Growth Of Graphene Electronics Market

One of the key factors promoting market expansion is anticipated to be the rising demand for graphene in electronics.  Vendors of graphene electronics are seeing explosive growth due to the spike in demand for flexible, transparent, and highly effective products for applications including electronic displays, sensors, and solar cells, among others. The growing desire for electronic devices with longer battery lives is also helping the market expand.

Browse The Table of Contents And List of Figures At 

https://reports.valuates.com/market-reports/QYRE-Auto-11X1375/global-graphene-electronics

TRENDS INFLUENCING THE GROWTH OF GRAPHENE ELECTRONICS MARKET

Supercapacitors are being employed as energy storage systems more frequently. With its enormous specific surface area, exceptional mechanical flexibility, and exceptional electrical properties, graphene makes an excellent contender for the next generation of high-performance wearable and portable gadgets.  The electrical conductivity of graphene is greater than that of lithium-ion batteries. This makes it possible for cells to deliver extremely high currents while also charging more quickly. This is very helpful for large automotive batteries or quick device-to-device charging, for instance. Batteries that have high heat conductivity also operate cooler, extending their life even in small cases like a smartphone. This factor is expected to drive the Graphene Electronics Market. Furthermore, compared to current lithium-ion cells, graphene batteries are lighter and thinner. This translates to slimmer, more compact gadgets or capacities that don’t require more space. 

OLED and MicroLED displays, as well as backplanes, electrodes, and emitters, can all benefit from the use of graphene. Additionally, graphene can enhance designs and boost OLED lighting device efficiency.  In electrical gadgets like smartphones, display components use the most power. To display images and videos on portable devices, power is typically converted into light, which consumes a lot of energy. The demands of virtual reality (VR) applications higher resolution displays with fewer pixels that can change their color more quickly and with less power—cannot be met by standard technologies. With the demands of contemporary portable devices in mind, interferometric modulator displays (IMODs) are an emerging technology for displays that have low power consumption and great performance in bright conditions.  This factor is expected to drive the Graphene Electronics Market.

Recently, improved access to renewable energy sources has grown to be a top priority for developing nations. Scientists are constantly exploring new ways to create effective energy-generating systems, with solar energy at the forefront of the government’s attempts to develop new technology. One-atom thick sheets of carbon known as graphene are a relatively new material that has drawn attention for their effective properties. Due to graphene’s exceptional conductivity and transparency, it is ideal for solar cells because they need materials that are both conductive and transparent. Although graphene is a fantastic conductor, it is not very effective in capturing the electrical current generated inside the solar cell. This factor is expected to drive the Graphene Electronics Market.

Because of the unique structure of graphene, the resulting properties can satisfy the needs of high-performance sensors. Consequently, graphene materials have been used in a variety of cutting-edge sensor materials recently. The significance and specific applications of graphene-based sensors in fields such as biomedicine, photoelectrochemistry, flexible pressure, and others are discussed in this paper. It also discusses the challenges associated with using graphene materials in sensors. This factor is expected to drive the Graphene Electronics Market.

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GRAPHENE ELECTRONICS MARKET SHARE ANALYSIS

In terms of revenue, the batteries sector dominated the market, and it is anticipated that this trend would continue during the projection period. However, throughout the forecast period of 2022–2031, the solar cell category is anticipated to become the market’s fastest-growing section.

With a market share of% in 2022, the graphene supercapacitors sector is the market leader globally. It is made of a thin coating of pure carbon. Due to its extraordinary strength, light-absorbing materials are frequently employed in electronic applications such as energy production, grid power support, automotive, and consumer products.

The region with the biggest market share for graphene electronics in 2022 was North America. The main drivers influencing market growth are technological advancements and a preference for energy-efficient products. The market expansion in this region is being fueled by the expanding population, rising IoT device usage, and the presence of significant research universities. The USA is a nation with a sizable graphene production business in this area.

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Market By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Inquire For Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-11X1375/Global_Graphene_Electronics_Market 

Key players

AMG Advanced Metallurgical Group (Netherlands), Applied Graphene Materials Plc. (U.K.), Grafoid Inc. (Canada), GrafTech International Ltd. (U.S.), Graphene Frontiers LLC (U.S.), Graphene Laboratories Inc. (U.S.), Graphene Square, Inc. (South Korea), Graphenea SA (Spain), Haydale Limited (U.K.), Samsung Electronics Co., Ltd. (South Korea), IBM Corporation

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SIMILAR REPORTS

–  Due to the COVID-19 pandemic, the global Synthetic Graphite market size is estimated to be worth USD 8833 million in 2022 and is forecast to a readjusted size of USD 10920 million by 2028 with a CAGR of 3.6% during the review period.

–  Special Graphite market was valued at USD 1423 million in 2022 and is anticipated to reach USD 2330.5 million by 2029, witnessing a CAGR of 5.5% during the forecast period 2023-2029.

–  Amorphous Graphite market was valued at USD 123.4 million in 2022 and is anticipated to reach USD 219.2 million by 2029, witnessing a CAGR of 9.2% during the forecast period 2023-2029.

–  Expandable Graphite market was valued at USD 183.8 million in 2022 and is anticipated to reach USD 312.4 million by 2029, witnessing a CAGR of 7.2% during the forecast period 2023-2029.

–  Graphene Nano Platelets (GNPs) Electronics Market

–  Graphite Paper Market

–  Graphite Mine Market

–  Large Flake Graphite Market

–  Spherical Graphite Market

–  Graphite Sagger Market

–  3D Hot Bending Glass Graphite Mold Market

–  Vein Graphite market

–  Battery-Grade Graphite Market

–  Graphite Reboiler Market

–  Machined Graphite Market

–  Graphite Rods Market

–  Graphite Column Market

–  Graphene Baseboard Heater Market

–  Reduced Graphene Oxide Market

–  Graphene Anticorrosion Coating Market

–  Graphene Transparent Electrode Film Market

The global Supercapacitor market was valued at USD 2445.2 million in 2022 and is anticipated to reach USD 8878.4 million by 2029, witnessing a CAGR of 20.0% during the forecast period 2023-2029.

Similar Reports for Graphene Electronics Market

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Blockchain Press Releases

Flash News: OKX Hosts ‘Manta Trading Campaign’ Featuring USD20,000 Manta Token Prize Pool

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SINGAPORE, Feb. 26, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, has issued updates for February 24, 2024.

OKX Hosts ‘Manta Trading Campaign’ Featuring USD20,000 Manta Token Prize Pool

OKX today announced the launch of its ‘Manta Trading Campaign,’ giving users who complete tasks such as following OKX Web3 on social media, swapping and bridging tokens the opportunity to claim a share in a USD20,000 Manta token prize pool.

To have a chance to win a portion of the Manta token prize pool, users must trade tokens worth more than USD10 on the Manta Pacific chain. In addition, they must bridge tokens valued over USD10 to the Manta Pacific chain through OKX DEX. Participants are also required to engage in several social media tasks, including following OKX Web3 on X. All campaign details can be found here.

OKX announced that it has integrated Manta, an innovative Layer 2 privacy protocol, into its DEX offerings on January 27, 2024. This integration allows OKX DEX users to easily conduct on-chain swaps and cross-chain transactions via the Manta network.

For more information, please visit the OKX Support Center.

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

  • OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
  • DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
  • NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
  • Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

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Blockchain Press Releases

Flash News: OKX DEX Aggregator Now Supports Metis, a Layer 2 Scaling Solution for Ethereum

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SINGAPORE, Feb. 25, 2024 PRNewswire/ — OKX, a leading Web3 technology company, has issued updates for February 25, 2024.

OKX DEX Aggregator Now Supports Metis, a Layer 2 Scaling Solution for Ethereum

OKX today announced that its DEX aggregator now supports the Metis network. This integration allows users swap tokens and conduct cross-chain transactions on the Metis network through OKX DEX.

By enabling on-chain swaps and cross-chain transactions on Metis Network directly through OKX DEX, user convenience is greatly enhanced. This latest addition also improves liquidity and offerings, as OKX DEX now connects with top DEXs on Metis, such as Hermes Protocol, NetSwap, Tethys, and Wagmi, covering 97% of the network’s liquidity.

Metis is a Layer 2 scaling solution for Ethereum, providing a more efficient and scalable platform for DApps and transactions. Unveiled in March 2023, Metis DAO’s hybrid rollup offers a range of benefits, including EVM equivalence, enhanced security, lightning-fast transaction confirmations and optimized capital efficiency. Metis’ native token, METIS, can be used for transaction fees, locking (staking) to become a sequencer and fraud challenge incentives.

For more information, please visit the OKX Support Center.

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

  • OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
  • DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
  • NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
  • Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit:  okx.com

Disclaimer

Logo – https://mma.prnewswire.com/media/2014295/OKX_Logo_Logo.jpg

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Blockchain Press Releases

AEVOLVE Labs: aelf’s New Incubator Spearheading Web3 Innovation

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Singapore-based aelf launches AEVOLVE Labs to nurture blockchain projects, bridging the gap between Web2 and Web3 with tailored support and mentorship

SINGAPORE, Feb. 23, 2024 /PRNewswire/ — aelf, a high-performance Layer 1, has launched AEVOLVE Labs, an incubator to identify and support promising blockchain projects. AEVOLVE Labs embraces a chain and vertical agnostic philosophy and is positioned to support diverse projects, ensuring meaningful reach and impact across various blockchain technologies and market sectors. Selected projects will be provided with bespoke mentorship, extensive networking opportunities, and funding support – all customised to meet their specific blockchain needs and enhance their innovative potential.

AEVOLVE Labs is strategically designed to identify and support early-stage blockchain projects building across any blockchain ecosystem, with the aim of realising a highly efficient and interoperable future. Through the incubator, projects will gain access to vital resources and support from aelf. The incubator also serves as a launchpad, enabling aspiring projects to become blockchain-enabled by overcoming common barriers to entry, such as limited domain knowledge, nascent infrastructure, and funding constraints.

AEVOLVE Labs adopts a tailored approach to support the unique requirements of each project, focusing primarily on three critical areas: product-market fit strategy, networking opportunities, and financial support:

  1. Product-Market Fit Analysis: Projects undergo a thorough assessment to ensure market alignment, with AEVOLVE Labs providing advice on marketing and operational strategy that is catered to each project’s success.
  2. Extensive Networking Community: The incubator facilitates connections between project founders and an extensive network of institutions, industry specialists, investment funds, communities and thought leaders in the Web3 space, which allows the exchange of valuable insights and the opportunities to collaborate or list their projects.
  3. Funding and Financial Strategy Support: Participants have the opportunity to seek funding from aelf Ventures’ $50 million Ecosystem Fund, the aelevate Gaming Grant, and external investors, opening the doors for projects to secure the necessary financial backing. Additionally, projects will receive comprehensive advice on revenue projection, fundraising strategies, and developing a sustainable tokenomics model, all aimed at building a strong financial foundation.

“Through AEVOLVE Labs, we want to provide a conducive avenue for projects to innovate within the blockchain space. This requires close collaboration between our team and the projects, and the incubator is structured to help these projects address specific pain points while providing strategic support. We are confident that AEVOLVE Labs will empower these projects to lead, enhance, and develop Web3 use cases that will benefit the entire ecosystem,” said Hazel Zhang, Head of Investment at aelf.

AEVOLVE Labs welcomes projects from diverse sectors, and applicants will be evaluated against predefined criteria to assess their potential value. Once selected, these projects will join aelf’s existing portfolio of incubation projects and participate in an incubation programme for a period ranging from 6 to 12 months.

Stay updated on aelf’s news and engage with the aelf community on:

Website: https://aelf.com
Telegram: https://t.me/aelfblockchain
Discord: https://discord.gg/bgysa9xjvD 

About aelf

aelf, a high-performance Layer 1 featuring multi-sidechain technology for unlimited scalability. aelf blockchain is designed to power the development of Web3 and support its continuous advancement into the future. Founded in 2017 with its global hub based in Singapore, aelf is one of the pioneers of the mainchain-sidechain architecture concept. Incorporating key foundational components, including AEDPoS, aelf’s variation of a Delegated Proof-of-Stake (DPoS) consensus protocol; parallel processing; peer-to-peer (P2P) network communication; cross-chain bridges, and a dynamic side chain indexing mechanism, aelf delivers a highly efficient, safe, and modular ecosystem with high throughput, scalability, and interoperability.

aelf facilitates the building, integrating, and deploying of smart contracts and decentralised apps (dApps) on its blockchain with its native C# software development kit (SDK) and SDKs in other languages, including Java, JS, Python, and Go. aelf’s ecosystem also houses a range of dApps to support a flourishing blockchain network. aelf is committed to fostering innovation within its ecosystem and remains dedicated to driving the development of Web3 and the adoption of blockchain technology.

Disclaimer: The information provided in this press announcement is for general informational purposes only and does not constitute legal, financial, or investment advice. aelf makes no representations or warranties of any kind, express or implied, regarding the accuracy, completeness, or reliability of the information provided in this press announcement. Any reliance you place on such information is strictly at your own risk. Blockchain technology and cryptocurrency involve inherent risks, including but not limited to market volatility, regulatory changes, and potential security vulnerabilities. By accessing and using the information provided in this press announcement, you agree to indemnify and hold aelf, its officers, directors, employees, and agents harmless from and against any and all claims, liabilities, damages, losses, or expenses arising out of or in connection with your use of the information or participation in aelevate. aelf reserves all rights not expressly granted in this press announcement.

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