The global Graphene system market is anticipated to grow at a CAGR of around 19.8% during the forecast period (2021-2027). The key factors that driving market growth include the rise of aviation industry as the application of graphene in aeroplanes are increasing in major countries such as Europe. For instance, According to Aviation 2050 – the future of UK aviation report, The UK has a strong record of aviation. The UK aviation sector contributes around $26.84 million to the UK economy, wherein with approximately £17.08 billion from air transport and £9.76 billion from aerospace, the UK has the world's second-largest aerospace industry. The UK government has developed the Aviation 2020 strategy, which seeks to achieve a secure, safe, and sustainable aviation sector. As a result, the increasing emphasis on providing sustainable solutions in the growing aviation sector will favour global graphene market growth during the forecast period.
Browse the full report description of "Global Graphene Market Size, Share & Trends Analysis Report by Type (Graphene Oxide, Mono-Layer & Bi-Layer Graphene, Few Layer Graphene, Graphene Nanoplatelets, and Others), By End-Users (Biomedical & Life Sciences, Electronics, Defense, 3D Printing, and Others) Forecast, 2021-2027" at https://www.omrglobal.com/industry-reports/graphene-market
Moreover, significant advancements in Graphene by the major players in the market also propel the growth of the market. For instance, in December 2019, the Graphene Flagship and leading European industries collaborated for the commercialization of graphene-enabled products. This collaboration is expected to include a total of $112.29 million in co-funding from the companies, to promote the products in a variety of industrial applications such as automotive, energy, and aerospace. This Graphene flagship mission is to advance graphene commercialisation and bring graphene-related materials from academic laboratories to society within 10 years while reshaping entire industries and spurring economic growth.
Market Coverage
o Bytype
o By end-user
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Graphene Market Report Segment
By Type
By End Users
Global Graphene Market Report Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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