According to the recent study the GaN substrate market is projected to grow at a CAGR of 11.9% from 2020 to 2025. Growth in this market is primarily driven by growing demand of GaN substrate in LED application, increasing need of higher power density for electronic devices, and increasing usage in power electronics application.
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According to the recent study the interposer market is projected to reach an estimated $639.2 Million by 2026 from $208.0 Million in 2020, at a CAGR of 18% from 2020 to 2026. Growth in this market is primarily driven by growing demand for 2.5D and 3D IC packaging, and the miniaturization of electronic devices.
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According to the recent study the Magneto Resistive RAM (MRAM) market is projected to reach an estimated $6.2 Billion by 2026 from $208.0 Billion in 2020, at a CAGR of 18% from 2020 to 2026. Growth in this market is primarily driven by increasing demand for wearable devices, high adoption of IoT devices, advancement in computing technology, need for higher memory space, and ... Read more
According to the recent study the GaN substrate market is projected to grow at a CAGR of 11.9% from 2020 to 2025. Growth in this market is primarily driven by growing demand of GaN substrate in LED application, increasing need of higher power density for electronic devices, and increasing usage in power electronics application.
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According to the recent study the advanced IC packaging market is projected to reach an estimated $50.1 billion by 2026 from $31.6 billion in 2020, at a CAGR of 8% from 2020 to 2026. Growth in this market is primarily driven by growing semiconductor industry, increasing miniaturization of electronic devices, demand for higher speed and smaller pitch size, and increasing ... Read more
According to the recent study the Low Earth Orbit (LEO) satellite communication market is projected to grow at a CAGR of 16%-18% from 2022 to 2027. Growth in this market is primarily driven by increasing demand for high speed connectivity and growing digitization, increasing demand for hosted payload, and growing preference towards software defined payloads ... Read more
According to the recent study the PCB connector market is projected to reach an estimated $50.1 billion by 2026 from $31.6 billion in 2020, at a CAGR of 6% from 2020 to 2026. Growth in this market is primarily driven by growth in computers, communication, and consumer electronics industry, increasing trend towards miniaturization of electronic devices, and increasing electronics ... Read more
According to the recent study the solar silicon wafer market is projected to grow at a CAGR of 10%-12% from 2022 to 2027. Growth in this market is primarily driven by increasing capacity of solar power generation across the globe, stringent government regulations towards carbon emission, and growing development of large sized silicon wafers.
According to the recent study the space semiconductor market is projected to grow at a CAGR of 6%-8% from 2022 to 2027. Growth in this market is primarily driven by growth in satellites, space probes, and launches vehicles; development of small satellites for various sectors; and advancements in technology for product development in space activities.
According to the recent study the autonomous ship market is projected to grow at a CAGR of 9%-11% from 2022 to 2027. Growth in this market is primarily driven by the growth in investments in autonomous projects, rising need for situational awareness vessels, growing marine accidents due to human errors, and rise in seaborne trades across the world.
According to the recent study the environment monitoring sensor market is projected to grow at a CAGR of 6%-8% from 2022 to 2027. Growth in this market is primarily driven by the increasing population level, rising awareness, increasing advancements in technology in IOT and cloud based services, and increasing adoption of sensors in HVAC, air purifier, and other ... Read more
According to the recent study the healthcare semiconductor market is projected to grow at a CAGR of 10%-12% from 2022 to 2027. Growth in this market is primarily driven by the increasing use of semiconductors in healthcare due to growth in remote patient monitoring, demand for connected devices, growing usage of ultrasound devices, and increasing digitalization and ... Read more
According to the recent study the IoT in the global structural health monitoring market is projected to grow at a CAGR of 15%-17% from 2022 to 2027. Growth in this market is primarily driven by the growth in automation in maintenance and repair of civil infrastructure, growing investments in Internet of things for structural health monitoring, and aging ... Read more
According to the recent study the power semiconductors in the global ev market is projected to grow at a CAGR of 22%-25% from 2022 to 2027. Growth in this market is primarily driven by the increasing adoption of electric vehicles, initiatives of governments to reduce environmental pollution and vehicle emission, and development of interest towards the usage of electric ... Read more
According to the recent study the semiconductor front end module market is projected to grow at a CAGR of 6%-8% from 2022 to 2027. Growth in this market is primarily driven by the growing demand for semiconductor front end modules in consumer electronics and automotive industries, 5G rollout, and increasing adoption of connected devices, such as smart thermostats, ... Read more
According to the recent study the power semiconductors in the global renewable energy market is projected to grow at a CAGR of 8%-10% from 2022 to 2027. Growth in this market is primarily driven by the favorable initiatives of governments and an upsurge in demand for energy owing to increasing investment in the renewable energy sector.
According to the recent study the semiconductor for robotics market is projected to grow at a CAGR of 7%-10% from 2022 to 2027. Growth in this market is primarily driven by the increasing automation in various industries and growing digitization and increasing adoption of IoT, artificial intelligence (AI), Machine learning, and Industry 4.0.
According to the recent study the semiconductor material for harsh environment market is projected to grow at a CAGR of 7%-9% from 2022 to 2027. Growth in this market is primarily driven by the growing demand for advanced semiconductors for harsh environments, increasing number of low orbit satellite launch programs, and growing demand for ... Read more
According to the recent study the silicon carbide in the global high voltage application market is projected to grow at a CAGR of 23%-26% from 2022 to 2027. Growth in this market is primarily driven by the growing adoption for hybrid and battery electric vehicle, increasing demand in power electronics, and superior properties of silicon ... Read more
According to the recent study the FRP tank market is projected to reach an estimated $3.3 billion by 2026 from $2.4 billion in 2020, at a CAGR of 5.5% from 2020 to 2026. Growth in this market is primarily driven by growing demand for oil and gas storage systems, and expansion of chemical plants, rapid urbanization and infrastructure development in developing countries.
According to the recent study the recycled carbon fiber market is projected to reach an estimated $97.8 Million by 2026 from $49.5 Million in 2020, at a CAGR of 12% from 2020 to 2026. Growth in this market is primarily driven by regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber.
According to the recent study the balsa core material market is projected to reach an estimated $0.2 billion by 2026 from $0.2 billion in 2020, at a CAGR of 2.8% from 2020 to 2026. Growth in this market is primarily driven by increasing use in production of boats, in transportation, wind turbines blades, and structural composite panels.
According to the recent study the Chinese pultrusion market is projected to reach an estimated $0.6 billion by 2026 from $0.4 billion in 2020, at a CAGR of 7.0% from 2020 to 2026. Growth in this market is primarily driven by increased demand from end use industry, such as industrial processing, electrical and electronics and automotive segments.
According to the recent study the honeycomb core material market is projected to reach an estimated $0.6 billion by 2026 from $0.4 billion in 2020, at a CAGR of 5.6% from 2020 to 2026. Growth in this market is primarily driven by increased excellent mechanical performance of honeycomb core, increasing demand for lightweight materials, and robust growth of the end use ... Read more
According to the recent study the aramid paper market is projected to reach an estimated $0.6 billion by 2026 from $0.5 billion in 2020, at a CAGR of 4.9% from 2020 to 2026. Growth in this market is primarily driven by increasing demand for aramid paper in dry transformers, generators, motors and honeycomb materials for the composites industry.
According to the recent study the ASEAN automotive composites market is projected to reach an estimated $0.2 billion by 2026 from $0.1 billion in 2020, at a CAGR of 9.9% from 2020 to 2026. Growth in this market is primarily driven by increasing demand for lightweight parts with high performance benefits in the automotive industry.
According to the recent study the biaxially oriented polyamide (BOPA) film market is projected to reach an estimated $3.7 billion by 2027 from $2.6 billion in 2021, at a CAGR of 6.3% from 2021 to 2027. Growth in this market is primarily driven by due to the growth in food & pharmaceutical market and increasing penetration of BOPA film due to its superior mechanical strength, higher ... Read more
According to the recent study the connector market is projected to reach an estimated $82.5 billion by 2027 from $64.4 billion in 2021, at a CAGR of 4.2% from 2021 to 2027. Growth in this market is primarily driven by increasing tire production, growth in communication and consumer electronics industries, miniaturization of electronic devices, and increasing electronic content in ... Read more
According to the recent study the GPS tracking device market is projected to reach an estimated $2.9 billion by 2027 from $1.8 billion in 2021, at a CAGR of 8% from 2021 to 2027. Growth in this market is primarily driven by growth in the transportation and logistics industry and affordable price of GPS tracking devices.
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According to the recent study the Polyimide film market is projected to reach an estimated $82.5 billion by 2027 from $64.4 billion in 2021, at a CAGR of 4.2% from 2021 to 2027. Growth in this market is primarily driven by increasing demand from end use industries such as electronics, automotive, and aerospace, and increasing penetration of polyimide film due to its excellent chemical, ... Read more