Emerging Applications of Nanowires in LEDs, Nano-medicines, and Consumer Electronics Drive the Market
Nanowires, due to properties, such as, high crystallinity, high surface to volume to ratio, and high resistance, nanowires are increasingly being used in nanomedicines, biomedicine, consumer electronics, bioelectronics, etc. Their use has helped to propel the field of nanomedicine. Nanomedicine is defined as the application of nanotechnology for diagnosis, monitoring, drug delivery, treatment, and control of biological systems. In the United States, the Food & Drug Administrator (FDA) approved over 100 nanodrugs for use in medicinal trials and clinical treatment. Also, nanowires are now increasingly being used in LEDs. They allows for faster communication between devices and microchips. These emerging applications of nanowires in LEDs, consumer electronics, and nano medicines are expected to contribute to the growth of the global nanowires market during the forecast period.
Metal Nanowires to Dominate the Market
Metals have unique thermal, mechanical, electrical, and catalytic properties. On the other hand, metallic nanowires are promising materials for a variety of applications, such as, transparent conductive films for photovoltaic devices, electrodes for batteries, and nano-reinforcement for composite materials. Electronics is one of the major end-user applications of nanowires. They are used in transistors as they are very good conductors or semiconductors. They are also expected to play a significant role in quantum computers in the near future. Moreover, new applications of metal nanowires are also being developed in the field of energy.
China dominates the nanowires Market
China is expected to be the largest market for nanowires, as the country has been engaging in R&D activities for the development of nanotechnology. Nanomaterial regulations in China have helped develop advanced nanomaterial, for the development of environment-friendly products, which are expected to reduce exhaust emissions. The country has a higher usage of nanowires in applications, such as, electrical & electronics, construction, healthcare, and aerospace. In China, about 2,570 jets are used commercially. It is one of the fastest growing aviation industries with a consistent increase in passenger traffic at about 6.6% per year. These advanced technological developments in numerous applications are expected to boost the growth of the nanowires market, during the forecast period.
April 2017: Air Products have started up a new plant in Chongqing city for China’s leading LCD Panel Fab.
Major Players: Cambrios, ACS Materials, NanoComposix Inc., RAS AG Materials, and Blue Nano amongst others.
Reason to Purchase the Report
- To understand the impact of various product type on the market
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- To understand the dominating product type and application in the market
- Countries expected to witness the fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3 months analyst support, along with the Market Estimate sheet in excel.
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1.1 Research Phases
1.2 Scope of the Report
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition within the Industry
4. Market Dynamics
4.1.1 Emerging Applications of Nanowires in LEDs, Nano-medicines, and Consumer Electronics
4.1.2 Increasing Investments in R&D of Applications
4.2.1 Lack of Reliable Methods for Assembling Circuits
4.3.1 Increasing Potential Uses in Electrical & Electronics Applications
5. Market Segmentation and Analysis - (Market size, Growth, and Forecast)
5.1 By Type
5.1.1 Metal Nanowires
5.1.2 Semiconductor Nanowires
5.1.3 Oxide Nanowires
5.1.4 Multi-Segment Nanowires
5.1.5 Semiconductor Quantum Wires
5.2 By Application
5.2.1 Consumer Electronics
5.2.2 Chemical and Biological sensors
5.2.4 Solar Cells
6. Regional Market Analysis (Market size, Growth, and Forecast)
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.4 Rest of North America
6.3.2 United Kingdom
6.3.5 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle East and Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of MEA
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & Services, Recent Developments, and Analyst View)
8.1 ACS Materials LLC
8.2 Blue Nano Inc.
8.3 Cambrios Technologies Corporation
8.4 Kemix (Pty) Ltd
8.5 Minnesota Wire
8.6 NanoComposix Inc.
8.7 Nanostructured and Amorphous Materials Inc.
8.8 Novarials Corporation
8.9 RAS AG Materials
8.10 Seashell Technology LLC
8.11 US Nano
...List not exhaustive
**Subject to availability of public domain
- ACS Materials LLC
- Blue Nano Inc.
- Cambrios Technologies Corporation
- Kemix (Pty) Ltd.
- Minnesota Wire
- NanoComposix Inc.
- Nanostructured and Amorphous Materials Inc.
- Novarials Corporation
- RAS AG Materials S.Ashell Technology LLC
- US Nano