Silver Nanowire Market Revenue to Reach USD 408.41 Million by 2021 as Electronic Gadget Demand Keeps Rising

April 18 18:30 2017
Asia Pacific is projected to have the fastest growth, owing to rapidly expanding industrial base and manufacturing facilities of major end-use industries in developing nations such as China and India in this region.

Nanotechnology refers to a wide range of technologies conducted on functional systems (physical, chemical and biological systems) at the nanometer scale (atomic, molecular, and macromolecular scale). Silver nanowires have been considered as the next generation transparent conductive electrodes (TCEs) in semiconductor devices owing to their properties such as higher optical transmittance, reduced sheet resistance, flexibility and low processing cost. Silver nanowires find their applications in various industries such as automotive, electronics, medical and many more. Moreover, major application of AgNWs is in electronics and photovoltaic due to their increased transparency and conductivity.

Browse through 10 Market Tables, 30 Figures spread through 104 slides and an in-depth TOC on “Global Silver Nanowire Market– http://industryarc.com/Report/16368/silver-nanowire-market.html

A silver nanowire generated revenue of $299.04m in 2016 and is projected to grow at a CAGR of 6.23% during the forecast period to reach $408.14m by 2021. Display applications are occupying highest share among all remaining applications followed by sensors and solar cells. The major driver of this market is persistent drive towards using silver nanowires (AgNWs) as a viable substitute for Indium Tin Oxide (ITO) in applications such as touchscreens. The global silver nanowire market is dominated by North America region and Asia-Pacific region is poised to exhibit the fastest growth.

The Global silver nanowire market report is a comprehensive study of the market for different types of ingredients, applications and geography.

The market is analyzed by the following Applications:

  • Solar Cells

  • Displays

  • Sensors

  • Printed Circuit Boards

  • Magnetic Devices

  • Nano-Generators

  • Others

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Following key players were also covered as part of the market landscape analysis:

  • American Elements Corporation (US)

  • Cambrios Technologies Corp. (US)

  • Novarials Corporation (US)

  • Showa Denko K.K (Japan)

  • Plasmachem GMBH (Germany)

The global entrance matting market has also been analyzed for four geographic regions which include North America, APAC, Europe and Rest of the World.

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