Silver Nanowires Market Size

Silver Nanowires Market size was valued at USD 10.87 Billion in 2023 and is set to cross USD 32.15 Billion by 2036, registering more than 8.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of silver nanowires is evaluated at USD 11.74 Billion. Silver nanowires are used in the production of high-quality touchscreens, which are essential components of modern smartphones. The market growth can be credited to the increasing adoption of smartphones, tablets, and other mobile devices, which require high-quality touchscreens.

Additionally, silver nanowires are also used in other components of smartphones, such as flexible displays and batteries. Flexible displays allow smartphones to be more durable and versatile, while silver nanowire-based batteries can provide longer-lasting and more efficient power.