Nanowire is a type of nanostructures which possess attractive properties such as high electrical, thermal and mechanical properties. It is the solid material in the form of a wire with diameter less than that of 100 nm. It can be synthesized either by top down approach or by bottom up approach. Nanowire finds applications in electrical, magnetic, optical fields. In nanowires, the ballistic movement of electrons are observed and this leads the nanostructure to be employed in various electronic devices. VLS (Vapor-Liquid-Solid) process is one of the most successful approach for the synthesizing single-crystalline semiconductor nanowires. Manufacturers produce nanowires to custom specifications and in bulk quantities. The unique features of the nanowires make them ideal materials for numerous electrical and optical applications, photovoltaics, sensors, transistors, piezoelectric generators, and energy storage technologies.
The nanowire market is primarily driven by the increasing demand for high efficient electronic devices. Nanowires are the key materials used in the transistors. The demand for dimensionally smaller transistors is expected to drive the market for nano wires. The doping process is carried out on the surface of semi conducting nanowires for creating active electronic elements. P-type and N-Type semi-conductors are also manufactured by using the nanowires. The logic gates such as AND, OR, and NOT gates have been built from semiconductor nanowires. Nanowires can be produced with self-assembly techniques, providing complex structures with relatively simple and standard process equipment.
In terms of product types, the global nanowire market can be categorized into metal nanowires, semiconductor nanowires, oxide nanowires, multi-segment nanowires and semi-conductor quantum wires. The nanowire market can be segmented in terms of synthesis as spontaneous growth, template based system, electro-spinning and lithography. The various applications of nanowires can be classified as field effect transistors, magnetic devices, chemical biological sensors, logic gates, nanogenerators and solar cells.
The global nanowire market has witnessed robust expansion in 2016, and the trend is estimated to continue during the forecast period. North America accounted for a significant share of the nanowire market due to availability of raw material processing and technological advancements in the region. The semiconductor industry in North America is a key market and is anticipated to expand further due to the active research and developmental activities in nanotechnology. The demand for highly efficient electronic and optical devices is driving the market in the region. Similarly, in Europe, the nanowire market is expanding. Germany and France are considered as the key countries in Europe. The demand for products with high quality and technological advancements are driving the market in Europe. Asia Pacific, is also considered as a key country for the market of nanowires due to strong demand from China, Japan and ASEAN countries. The change in lifestyles, the nature of emerging economy and overseas studies are key factors that fuel the expansion of the market for Nanowires in Asia Pacific. In Latin America, demand for Nanowires is primarily from Brazil due to the recent progress made in the science and technology in the country. The nanowire market seems less attractive in the Middle East & Africa region. However, with the incorporation of advanced technologies and change in life styles, the region is expected to have attractive growth opportunities for the nanowire market in the future.
Key players operating in the global Nanowire market include AMERICAN ELEMENTS and Novarials, C3 Nano, OneD Material, and Cambrios Technologies.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.