© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network Graphene Market to grow at 35% CAGR over : Global Market Insights, Inc. Nitrogen Trifluoride (NF3) Market

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  With constant demand from automotive and aerospace industries, global graphene market size is anticipated to cross USD 200 Mn by The automotive industry is aiming to achieve greater heights in terms of energy efficiency and vehicle weight due to which the usage of graphene, as a material for automotive components has increased drastically. Graphene is being progressively substituted with conventional automotive material components and is generally used to produce fiber reinforced laminates.graphene market  Increasing R&D investments by market vendors to develop application-specific graphene with superior characteristics, which will unveil new potential product applications is likely to propel market trends in the coming years. Besides, market players are adopting various strategies such as new product developments, mergers & acquisitions, R&D investments to gain precedence over the market, which is likely to fuel graphene industry outlook in the foreseeable timespan.  Accelerated R&D efforts and subsequent technological advancements have also had a profound impact on the market growth. The same can be validated by citing the instance of a recent development in the graphene space. Aerospace engineers from the University of Central Lancashire in Britain reportedly developed the first-ever graphene-skinned unmanned aircraft with graphene-based batteries. Such developments are slated to further intensify graphene market trends. Overview of Graphene Market

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Graphene nanoplatelets market is expected to garner more than 30% of the global share by 2024 on account of product applicability across myriad range of industries such as transportation, electronics, biomedical, energy, consumer electronics, and others. Superior properties such as high thermal & electrical conductivity, stiffness, and hardness make it well- suited for applications in the above-mentioned industries.  Graphene oxide market is poised to procure around 40% of the total industry share and register a CAGR of more than 35% over Graphene oxide is extensively used as an electrode material for capacitors, solar cells, and batteries on account of its single-atomic layer structure. In addition, its widespread usage in the biotechnology sector will further fuel market trends.  Driven by worldwide awareness regarding reduction of carbon footprint on the environment, the automotive industry is making relentless strides to achieve lightweight and fuel-economy in its vehicles. Graphene, as an automotive component material, has gained considerable prominence in recent years. Excellent strength, lightweight, and electrical conductivity characteristics of graphene aligns with the aforesaid targets of the automotive industry. Graphene-based composites such as electrically conductive adhesives have started replacing traditional coatings in automobiles. Continue…

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Speaking of the aerospace industry, graphene-based components such as epoxy adhesives, advanced coatings, fiber reinforced laminates, electrical packaging, and electrically conductive coatings & composites are increasingly percolating in the manufacturing of aircraft components. As is the case with automotive, lightweight and fuel efficiency are essential in airborne vehicles to reach highest level of performance. As per estimates, the number of large commercial aircrafts is likely to catapult to almost 1,680 units by 2024 from 1,430 units in 2016, which is likely to induce graphene market demand. Graphene market share from aerospace & defense industry is likely to accrue more than 12% of global market and capture a CAGR of over 35% over  North America has procured its position as one of the most promising graphene markets and is anticipated to account for more than 40% of the global market share by The growth of the market can be attributed to the presence of renowned players in the region. North America graphene market share is expected to record a CAGR of 35% over Competitive advantage in terms of manufacturing expertise and rising product demand from end use industries is likely to bolster market outlook. Continue…

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