According to the new market research report by IndustryARC titled “Silver Nanowire Market By Ingredients (Silver, Silver-Copper and others); By Application (Photovoltaic/Solar cell, Magnetic Devices, Displays, Sensors and Others) & By Region-Forecast (2018-2023)”, the market is driven by the growth of flexible electronics applications, automotive, medical industries etc.
Americas dominates the Silver Nanowire Market
Americas is expected to dominate the Silver Nano wire Market during the forecast period. It will reach revenue of $199.37 million by 2023 at a CAGR of 5.97%. American manufacturers have been investing a lot in silver nano wires to improve the performance of the existing systems and to develop new applications. In the US, R&D is focusing on miniature sensors, high speed processing, improved virtual reality training, and unmanned combat aerial vehicles. US is the major market for silver nano wires in North America, followed by Canada and Mexico. In Europe, Germany, Russia, and the UK are the key regions.
Selected Analysis done in the full Report:
The Displays segment in 2017 had reached a value of $158.51 million. It is expected to reach $229.96 million by 2023 at a CAGR of 5.46%. This sector will dominate the Silver Nano wire Market during the forecast period. Smartphones, cash dispensers, and touchscreens need transparent electrodes to recognize finger pressure. The glass surfaces of these devices have nano wires, which have a great potential as transparent electrodes in display. Silver nano wires are used as charge carriers in OLEDs, which results in higher power efficiency. AgNWs are used in touch screen applications as they give a faster response and due to their weightlessness. ITO panels which are used in touchscreen panels are replaced by AgNWs. The increasing demand for flexible displays in smartphones and tablets will spur the growth of the Silver Nano wire Market.
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Excerpts on Market Growth Factors
- Silver Nano wires are being used as substitutes in place of Indium Tin Oxide in applications such as touchscreens, since they provide cost effectiveness and transparency.
- The growth of the consumer electronics market in countries such as China and India will drive the demand for silver nanowires in the coming years.
- The use of OLED in the HUD displays of automobiles will drive the demand for AgNWs, as they can be incorporated in the present OLED display panels.
- The growth of the organic semiconductor devices segment will spur the growth of the Silver Nanowire Market.
Key players of the Silver Nanowire Market
Cambrios Technologies Corp., Novarials Corporation, Hitachi Chemical Company, and American Elements are the key players which enhance the growth of the Silver Nanowire Market during the forecast period. Cambrios Technologies Corp manufactures ClearOhm Silver Nanowire Coating Material that is used to make transparent conducting layers on different substrates to enable applications such as touch screens and liquid crystal displays. Novarials Corporation produces silver nanowires that can be used to make high optical quality transparent conductive layers. Hitachi Chemical Co.Ltd and C3Nano have partnered to develop transparent conducting transfer films using the silver nanowire based solutions from C3Nano. American Elements is involved in business segments such as Nanotechnology, green technology, rare earths, fuel cells, and alternative energy materials.
Silver Nanowire Market is segmented as below
Technological advancements in touchscreen technologies will drive the demand for the Silver Nanowire Market.
- Silver Nanowire Market By Materials
- Silver Nanowire Market By Product
1.Under 30 nm
- Silver Nanowire Market By Preparation Method
- Silver Nanowire Market By Application
4.Transparent Conductive Film
5.Conductive Silver Adhesive
- Touch Screens
- OLED Lighting
10.Printed Circuit Boards
- Silver Nanowire Market by Geography (covers 28+ countries )
- Silver Nanowire Market Entropy
Companies Citied / Interviewed
- AMERICAN ELEMENTS CORPORATION
- APPLIED NANOTECH, INC.
- CAMBRIOS TECHNOLOGIES CORP.
- HITACHI CHEMICAL CO., LTD.
- NANOTECHLABS INC.
- NOVARIALS CORPORATION
- PLASMACHEM GMBH
- RAS AG MATERIAL TECHNOLOGIES
- SHOWA DENKO K.K.
- TORAY ADVANCED FILM CO., LTD.
- Company 15+
What can you expect from the report?
The Silver Nanowire Market Report is Prepared with the Main Agenda to Cover the following 20 points:
- Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
- Market trends & Relevant Market Data 12. Country level Analysis
- Manufacturer Landscape 13. Competitor Analysis
- Distributor Landscape 14. Market Shares Analysis
- Pricing Analysis 15. Value Chain Analysis
- Top 10 End user Analysis 16. Supply Chain Analysis
- Product Benchmarking 17. Strategic Analysis
- Product Developments 18. Current & Future Market Landscape Analysis
- Mergers & Acquisition Analysis 19. Opportunity Analysis
- Patent Analysis 20. Revenue and Volume Analysis
Frequently Asked Questions:
- Does IndustryARC publish country or application based reports in Silver Nanowire segment?
Response: Yes, we do have separate reports as mentioned below:
- Silver Nanowire Market(2018-2023)
- North America Silver Nanowire Market(2018-2023)
- South America Silver Nanowire Market(2018-2023)
- Europe Silver Nanowire Market(2018-2023)
- Asia Pacific Silver Nanowire Market(2018-2023)
- Middle East and Africa Silver Nanowire Market(2018-2023)
- Russia Silver Nanowire Market(2018-2023)
- Solar Cells Silver Nanowire Market(2018-2023)
- Displays Silver Nanowire Market(2018-2023)
- Does IndustryARC provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:
- Increase the level of data in application or end user industry.
- Increase the number of countries in geography chapter.
- Find out market shares for other smaller companies or companies which are of interest to you.
- Company profiles can be requested based on your interest.
- Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.
Any other custom requirements can be discussed with our team, drop an e-mail to firstname.lastname@example.org to discuss more about our consulting services.
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