Silver Nanowires Market Size, Share, Growth Analysis, By Fabrication(Air-Spraying Coating Method, Liquid Polyol Method, Self-Assembly Method, Template Method), By End-User(Transportation, Energy Generation, Electrical & Electronics and Others), By Region - Industry Forecast 2024-2031

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.

India, another prominent player in the region, is forecasted to experience exponential growth in electronics consumption, set to escalate from USD 33 billion in FY20 to an anticipated USD 400 billion by 2025, as projected by the India Brand Equity Foundation. By 2025, India is poised to establish itself as the fifth-largest consumer electronics and appliances market globally. The escalating electrical & electronics industry growth is expected to catalyze a corresponding rise in the demand for the silver nanowires market across the APAC region. Consequently, the ascendancy of the electrical & electronics sector in Asia-Pacific is a key catalyst driving the expansion of the silver nanowires market in the region, substantiating its dominant position in the Asia-Pacific market landscape.