Position sensors in the automotive sector represent a market of almost USD 4 billion. Graphene-enhanced ink formulations developed under the GRAPHENESENS project could soon cut their production cost by 45 % whilst increasing their lifetime.
Does the very high production cost of graphene mean that its potential cannot translate into actual benefits for commercial applications? Looking at a project such as GRAPHENESENS (Development of Graphene based Contact Position Sensors), we would be tempted to say no.