Title: Silver Nanowires Market to Witness an Outstanding Growth by 2035
1Analysis of Silver Nanowires Market Size by
Research Nester Reveals the Market to Grow with
a CAGR of 9 During 2023-2035 and attain USD
29 Billion by 2035
- Research Nesters recent market research analysis
on Silver Nanowires Market Global Demand
Analysis Opportunity Outlook 2035 delivers a
detailed competitors analysis and a detailed
overview of the global silver nanowires market in
terms of market segmentation by fabrication
techniques, application, and by region. - World Wide Demand for Electronic Devices That
Exhibits High Energy Efficiency and Performance
to Promote Global Market Share of Silver
Nanowires Market - The demand for electronic devices that could
exhibit excellent performance with a profitable
consumption of energy is the major factor thought
to drive the market growth during the forecast
period. The transparent conductive film is an
inevitable component in many electronic devices
used by consumers during the present times. These
films are manufactured using several raw
materials, of which one of the most prominent is
silver nanowires. Wearable electronics,
smartphones, and tablets are all devices that use
silver nanowires for their transparent
conductive film. The high conductivity of silver
nanowires ensures that the incorporation of
these transparent conductive films enhances the
performance of these electronic devices while
making them more energy efficient. - Some of the major growth factors and challenges
that are associated with the growth of the
global silver nanowires market are - Growth Drivers
- Considerable Increase in the Spending on Research
- Large-scale Adoption of Energy Sources for
Renewable Energy - Challenges
- One of the major factors that should hinder
market growth during the forecast period is the
very high cost of silver nanowires. Silver
nanowires are mostly used in the manufacturing of
transparent conductive materials. However,
silver nanowires are often replaced by
2alternatives such as indium tin oxide (ITO) as a
result of their high pricing. This large-scale
replacement of silver nanowires with other raw
materials for the manufacturing of transparent
conductive materials for electronic devices is
thought to affect market growth adversely. The
insufficient availability and the difficulties in
sourcing silver nanowires might also restrict
the global market size for silver nanowires. By
application, the global silver nanowires market
is segmented into optical, chemical, anti-
microbial, and thermal. Of these, the chemical
application is expected to contribute to the
market growth the most. The chemical application
is expected to hold the largest share of market
revenue, amounting to 35 by the end of the
forecast period. One of the major chemical
applications of silver nanowires is in the
manufacturing of solar cells. The demand for
renewable energy is the major driving force
behind the growth of the application. Further,
the rise in funding for research and development
(RD) is boosting the use of silver nanowires in
energy storage, biomedicine, and other chemical
applications. By region, the Asia Pacific silver
nanowires market is to generate the highest
revenue by the end of 2035. This growth is
anticipated by the wide use of consumer
electronics all through the region. The presence
of the largest producers of electronics, such as
Japan, China, and South Korea, should contribute
considerably to Asia Pacific's projected revenue
share of 35 in the market by 2035. China
Academy of Information and Communications
Technology estimated the smartphone shipments of
the country during the first quarter of 2021 at
365 million units, with a year-on-year growth of
66. Further, the regional market should also
benefit from growing investments in RD, a large
manufacturing sector, and favorable government
policies. This report also provides the existing
competitive scenario of some of the key players
of the global silver nanowires market which
includes company profiling of Cambrios
Technologies Corporation, C3Nano, Seashell
Technology LLC, Nanopyxis Corporation, Blue Nano
Inc., RAS AG Materials, NanoComposix,
Saint-Gobain S.A., Carestream Advanced Materials,
ACS Material LLC, and others. Request Report
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