Silver Nanowires Market
Silver nanowires are a class of silver nanoparticles which have been generally read for their conceivable use in a few trend setting innovation applications, because of their energizing optical, warm and electrical properties. Silver nanowires have unmistakable optical, electrical, and warm properties and are being consolidated into a wide scope of items from photovoltaics to organic sensors. They are unbelievably effective at retaining and dispersing light. Nanowires are described by insightful procedures like checking electron microscopy, transmission electron microscopy, and nuclear power microscopy. At the point when silver nanowires are in arrangement, atoms cooperate with the nanowire surface to frame a twofold layer of charge which forestalls conglomeration and balances out the nanowires.
Silver based nanowires have wide applications in gadgets and optics industry for their enemy of microbial viability and low harmfulness. Developing item use in photovoltaic, compound and organic sensors attributable to its special electrical, warm, and optical properties may support industry size in figure time span. These nanowires are likewise used in conductive fillers, inks, and glues because of high electrical conductivity, low sintering temperature and dependability, subsequently driving the silver nanowires market interest. Expanding item usage for photonic, coatings, and sub-atomic diagnostics inferable from its enemy of microbial properties because of ceaseless arrival of silver particles which give security against microorganisms will support industry development.
Design, characterization, production, and application of structures, devices, and systems by controlled manipulation of size and shape at the nanometer scale with at least one novel/superior characteristic or property is called nanotechnology. Nanotechnology is the science of building machines at a subatomic level. Nanowires made of crystalline silver with diameter in the tens of nanometers and a length in tens of micrometers are called silver nanowires. Silver is a transition metal in the periodic table of elements. It has an atomic number of 47 and an average atomic mass of 107.862. Its unique makeup of valence electrons is what makes it an ideal metal conductor of electricity. High electrical conductivity, high surface area, and high aspect ratio are the properties that make silver nanowires attractive alternatives vis-à-vis their counterparts such as Indium Tin Oxide (ITO).
Display technologies that use silver nanowires are light in weight, flexible, thin, and rugged. Usage of silver nanowires is opening new horizons in the field of display technologies. Increase in demand for touchscreen products is driving the demand for new technologies. Governments of most countries in the world are focusing on increasing the usage of solar energy to meet the overall demand for energy. This motivates governments to draft encouraging policies for research and innovation in the field of solar technology, which is anticipated to propel the demand for silver nanowires. Susceptibility to damage from highly energetic UV radiation and harsh environmental conditions has limited commercialization of silver nanowires. Lack of infrastructure and high initial costs are the primary barriers for the silver nanowires market.
In terms of application, the silver nanowires market can be divided into solar cell, display technology, sensor, transparent conductive film, conductive silver adhesive, nano-welding technology, printed circuit board, magnetic devices, nano-generators, and others. In terms of usage, the display technology segment accounts for major share of the silver nanowires market. It is followed by the solar cell segment. Technological advancement is likely to open new avenues for the silver nanowires market.
Based on method of preparation, the silver nanowires market can be segmented into template method, liquid polyol method, self-assembly method, ultrasonic reduction method, and wet chemical method. Liquid polyol is a widely used method for large scale production of silver nanowires. The template method can be further classified into hard template methods such as carbon nanotubes method, mesoporous silica method, and anodic aluminum oxide (AAO) template method; and soft template methods such as DNA method and ionic liquids method.
In terms of geography, the silver nanowires market van be segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). North America is a significant region of the silver nanowires market in terms of value. Asia Pacific is a rapidly growing region of the silver nanowires market. The silver nanowires market in Europe, Latin America, and MEA is anticipated to expand at a healthy pace during the forecast period.
Key players operating in the silver nanowires market are American Elements Corporation, Cambrios Technologies Corp., Novarials Corporation, Showa Denko K.K., Plasmachem GmBH, Toray Advanced Film Co. Ltd., RAS AG Material Technologies, Applied Nanotech, Hitachi Chemical Co. Ltd., and NanoTech Labs Inc.
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.