Graphene-based product sales to reach $67 million in 2015, $675 million in 2020
Electronics.ca published a new market research report (titled Graphene: Technologies, Applications, and Markets) in which they forecast that graphene-based product sales will reach $67 million in 2015 and $675 million in 2020. The compound annual growth rate (CAGR) between 2015 and 2020 will be 58.7%.
Here's how they see the market share of different graphene applications:
- Capacitors: growing from $26 million in 2015 to $340 in 2020
- Structured materials: $17.5 million in 2015 and $91 million in 2020.
- The display market: nothing in 2015 to $43.8 million in 2020.
- The photovoltaics: $7.5 million in 2015 to $35 million in 2020.
- The thermal management market: $15 million in 2015 to $22.5 million in 2020.
- Other products: $1 million in 2015 to $142.8 million in 2020.