16-Sep-2020 | Facts and Factors
Findings from Facts and Factors report “Silver Nanowires Market By Type (Under 30 nm, 30-50 nm, 50-70 nm, 70-80 nm, and Others) and Application (TSP, Solar Cells, OLED Lighting, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global silver nanowires market in 2019 was approximately USD 550 Million. The market is expected to grow above a CAGR of nearly 15% and is anticipated to reach over USD 1,300 Million by 2026.
Nanowires are structures that have diameters in the order of a nanometer. There are various types of nanowires present in the market such as superconducting nanowires, insulating nanowires, metallic nanowires, semiconducting nanowires, silicon nanowires, etc. Silver nanowires are a type of silver nanostructures which have a diameter ranging from 15 to 200 nanometer. Silver nanowires are around 10 to 100 nanometer long. Silver nanowires are produced using various methods such as the polyol method, rapid synthesis, template method, electroless deposition, etc. Silver nanowires are used for applications such as optical, conductive, antibacterial, etc.
Browse the full “Silver Nanowires Market By Type (Under 30 nm, 30-50 nm, 50-70 nm, 70-80 nm, and Others) and Application (TSP, Solar Cells, OLED Lighting, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/silver-nanowire-market-by-type-under-30-nm-1318
Silver nanowires are used in the manufacturing of touch screen panels, OLED lighteing, solar cells, etc. Silver nanowires are primarily used in touch screen panels of mobile phones, laptops, monitors, displays, etc. The consumer electronics sector has been experiencing soaring growth owing to increasing smartphone sales, laptop sales, and TV sales. This soaring touch speen panels consumption has been driving the global silver nanowires market. Tocuhscreen panel manufacturers are looking for replacement of existing Indium Tin Oxide (ITO) electrodes that are used in touchscreen panels. Manufacturers are opting for cost-effective and flexible silver nanowire ink-based touchscreen panels. As companies are starting to adopt new innovative and advance silver nanowire-based technologies, the global silver nanowires market.
However, limited availability of resources about the development of silver nanowires among companies and developers has been a key challenge for the development of the silver nanowires market. Further, the developments in carbon nanotube technologies around the world have fueled the adoption of alternatives for silver nanowires which has also hampered the market growth. Further, the rise of a flexible display and touchscreen technology is expected to lucrative opportunities for the silver nanowires market.
In terms of types of silver nanowires, the 50-70 nm silver nanowires segment dominated the global silver nanowires market, constituting a market share of approximately 25% in 2019. 50-70 nm silver nanowires are used in consumer electronics and OLED lighting applications. Moreover, the 50-70 nm silver nanowires segment is expected to register the fastest growth over the forecasted period of 2020-2026. On the basis of applications, the touch screen panels segment held a major share of around 35% in the global silver nanowires market in 2019. The segment is expected to experience steady growth as the global smartphone sales increase.
On the basis of geography, the Asia Pacific accounted for a major share in the global silver nanowires sector in the year 2019. The soaring consumer electronics sector in countries such as China, India, Japan, South Koera, etc. in the Asia Pacific has been a vital factor in driving the growth of the silver nanowires market in the region.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 550 Million |
Projected Market Size in 2026 |
USD 1,300 Million |
CAGR Growth Rate |
15% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Americal Elements’, RAS AG Material Technologies, TPK, NanoTech Labs Inc., Nanopyxis, C3Nano, Hefei Vigon Material Technology, Showa Denko K.K., and Others |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the leading players in the global market include
Americal Elements’, RAS AG Material Technologies, TPK, NanoTech Labs Inc., Nanopyxis, C3Nano, Hefei Vigon Material Technology, Showa Denko K.K., and others.
This report segments the silver nanowires market as follows:
By Type Segmentation Analysis
- Under 30 nm
- 30-50 nm
- 50-70 nm
- 70-80 nm
- Others
By Application Segmentation Analysis
- TSP
- Solar Cells
- OLED Lighting
- Others
By Regional Segmentation Analysis
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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