New Analysis From Global Industry Analysts Reveals Robust Growth Of MOCVD Equipment For Power Electronics, With Market Expected To Reach $ 3 Billion Globally By 2026

SAN FRANCISCO, 21 October 2021 / PRNewswire / – A new market research published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “MOCVD Equipment for Power Electronics – Global Market Trajectory and Analysis”. The report presents new perspectives on the opportunities and challenges in a dramatically transformed post-COVID-19 market.

MOCVD equipment for power electronics

FACTS AT A GLANCE
Editing: 8; Posted: April 2021
Executive pool: 377
Companies: 53 – Players covered include Aixtron SE; Taiyo Nippon Sanso Company; Veeco Instruments Inc .; MOCVD Alliance; CVD equipment company; HC SemiTek; Jusun Engineering; Xycarb ceramic; Agnitron technology and others.
Blanket: All major geographies and key segments
Segments: End use (discrete power devices, power modules, power integrated circuits)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.

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ABSTRACT-

Global MOCVD Equipment Market for Power Electronics to Reach $ 3 billion by 2026
In the midst of the COVID-19 crisis, the global market for MOCVD equipment for power electronics is estimated at US $ 558.2 million in 2020, is expected to reach a revised size of US $ 3 billion by 2026, with a CAGR of 32.2% over the analysis period. Power Discrete Devices, one of the segments analyzed in the report, is expected to register a CAGR of 26.6% and reach 1.4 billion US dollars at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the power modules segment is readjusted to a revised CAGR of 35.4% for the next 7 year period.

The US market is estimated at $ 230 million in 2021, when China is expected to reach $ 527.1 million by 2026
The market for MOCVD equipment for power electronics in the United States is estimated at 230 million US dollars in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 527.1 million by 2026, with a CAGR of 31.5% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 28.3% and 28.1% respectively during the analysis period. In Europe, Germany is expected to grow at around 23.1% CAGR.

Segment of power supply integrated circuits to reach US $ 763.4 million by 2026
In the global power integrated circuit segment, United States, Canada, Japan, China and Europe will lead to the estimated 38.5% CAGR for this segment. These regional markets representing a combined market size of US $ 85.3 million in 2020 will reach a projected size of US $ 832.6 million before the end of the analysis period. China will remain among the most dynamic of this group of regional markets. Following

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About Global Industry Analysts, Inc. and StrategyR ™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher, the only influencer-focused market research company in the world. Proudly serving more than 42,000 clients in 36 countries, GIA has been recognized for its accurate forecasting of markets and industries for more than 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.


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