Silver Nanowires Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to silver nanowires market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Silver Nanowires Market News

  • In January 2023, 3M announced the commercialization of its new silver nanowire transparent electrode technology for use in electronic displays.
  • In February 2023, Cambrios Technologies Corporation announced that it had received a USD 2 million grant from the US Department of Energy to develop new silver nanowire-based solar cells.
  • In March 2023, Seashell Technology announced that it had received a USD 1 million investment from the National Science Foundation to develop new silver nanowire-based sensors for use in healthcare applications.

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Silver Nanowires Market size was valued at USD 1.52 Billion in 2023 and is poised to grow from USD 1.78 Billion in 2024 to USD 6.18 Billion by 2032, growing at a CAGR of 16.9% during the forecast period (2025-2032).

The silver nanowires market is highly competitive, with both well-established firms and creative startups vying for customers by utilizing the special qualities of silver nanowires in a variety of ways. Prominent firms like Blue Nano, C3Nano, and Cambrios Technologies Corporation have led the way in creating transparent conductive materials for touchscreens, solar cells, and electronics using silver nanowire-based solutions. These seasoned professionals offer their knowledge in application development, market penetration, and nanomaterial fabrication. 'Cambrios Technologies Corporation', 'C3Nano', 'Blue Nano', 'Nanopyxis', 'Nanogap', 'NanoComposix', 'ClearJet', 'Carestream Advanced Materials', 'RAS Materials', 'Sun Innovations', 'Nanocs', 'Novarials Corporation', 'Nanostructured & Amorphous Materials, Inc. (NanoAmor)', 'PlasmaChem GmbH', 'Advanced Nano Products Co., Ltd.'

The proliferation of electronic devices, ranging from smartphones and wearables to automotive displays, drives the demand for silver nanowires as a versatile and conductive material for touch screens, sensors, and flexible electronics.

The increasing use of electronic devices, such as smartphones, tablets, wearables, and automotive displays, is driving the demand for silver nanowires. Their exceptional combination of electrical conductivity and optical transparency makes them a preferred choice for touchscreens and flexible electronics.

As of 2022, the Asia-Pacific region led the silver nanowires market, capturing a significant share of up to 39.6%. This dominance is propelled by robust demand from key industries like electrical & electronics and automotive, coupled with thriving manufacturing activities across the APAC region. The proliferation of original equipment manufacturers (OEMs) contributes to the substantial growth anticipated in the Asian-Pacific electronics manufacturing sector in the forthcoming years. A case in point is the electronics industry in China, which witnessed a remarkable 15.7% growth in 2021, marking an impressive 8-percentage-point increase from the previous year, as reported by the People’s Republic of China.

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Global Silver Nanowires Market
Silver Nanowires Market

Report ID: SQMIG20D2175

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