DUBLIN--(BUSINESS WIRE)--The "Global Nanowires Market - Segmented by Type, Application, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global nanowires market is expected to grow at a significant rate during the forecast period (2018-2023).
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.
Notable Developments
- April 2017: Air Products have started up a new plant in Chongqing city for China's leading LCD Panel Fab.
Market Dynamics
Drivers
- Emerging Applications of Nanowires in LEDs, Nano-medicines, and Consumer Electronics
- Increasing Investments in R&D of Applications
Restraints
- Lack of Reliable Methods for Assembling Circuits
Opportunities
- Increasing Potential Uses in Electrical & Electronics Applications
Companies Mentioned
- 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
- Seashell Technology LLC
- US Nano
Key Topics Covered
1. Introduction
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/m5jk4d/global_nanowires?w=4