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GaN Power Devices: Global Strategic Business Report

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    Report

  • 223 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030659
Description Jump to:

Global GaN Power Devices Market to Reach $2.2 Billion by 2030

The global market for GaN Power Devices estimated at US$262.8 Million in the year 2022, is projected to reach a revised size of US$2.2 Billion by 2030, growing at a CAGR of 30.6% over the analysis period 2022-2030. GaN Power Modules, one of the segments analyzed in the report, is projected to record 31.7% CAGR and reach US$1.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the GaN Power ICs segment is readjusted to a revised 32.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $70.2 Million, While China is Forecast to Grow at 40.1% CAGR

The GaN Power Devices market in the U.S. is estimated at US$70.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$698.7 Million by the year 2030 trailing a CAGR of 40.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 23.9% and 26.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 24.8% CAGR.

Select Competitors (Total 41 Featured) -

  • Ampleon Netherlands B.V.
  • Efficient Power Conversion Corporation
  • Epigan NV
  • Exagan
  • GaN Systems, Inc.
  • GaNPower International Inc.
  • INTEGRA Technologies Limited
  • Luxin Technology (Lu-Semi)
  • M/A-COM Technology Solutions Holdings, Inc.
  • Microsemi Corporation

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and the publisher's Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • GaN Power Devices - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World GaN Power Devices Market Analysis of Annual Sales in US$ for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for GaN Power Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
  • Table 3: World 8-Year Perspective for GaN Power Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for GaN Power Modules by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
  • Table 5: World 8-Year Perspective for GaN Power Modules by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • Table 6: World Recent Past, Current & Future Analysis for GaN Power ICs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
  • Table 7: World 8-Year Perspective for GaN Power ICs by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for GaN Power Discrete Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
  • Table 9: World 8-Year Perspective for GaN Power Discrete Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for IT & Telecom by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
  • Table 11: World 8-Year Perspective for IT & Telecom by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • Table 12: World Recent Past, Current & Future Analysis for Consumer Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
  • Table 13: World 8-Year Perspective for Consumer Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
  • Table 15: World 8-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
  • Table 17: World 8-Year Perspective for Aerospace & Defense by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • Table 18: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
  • Table 19: World 8-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 20: USA Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 21: USA 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 22: USA Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 23: USA 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • CANADA
  • Table 24: Canada Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 25: Canada 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 26: Canada Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 27: Canada 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • JAPAN
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 28: Japan Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 29: Japan 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 30: Japan Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 31: Japan 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • CHINA
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 32: China Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 33: China 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 34: China Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 35: China 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • EUROPE
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 36: Europe Recent Past, Current & Future Analysis for GaN Power Devices by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
  • Table 37: Europe 8-Year Perspective for GaN Power Devices by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2023 & 2030
  • Table 38: Europe Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 39: Europe 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 40: Europe Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 41: Europe 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • FRANCE
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 42: France Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 43: France 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 44: France Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 45: France 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • GERMANY
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 46: Germany Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 47: Germany 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 48: Germany Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 49: Germany 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • ITALY
  • Table 50: Italy Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 51: Italy 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 52: Italy Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 53: Italy 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • UNITED KINGDOM
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 54: UK Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 55: UK 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 56: UK Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 57: UK 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • SPAIN
  • Table 58: Spain Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 59: Spain 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 60: Spain Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 61: Spain 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • RUSSIA
  • Table 62: Russia Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 63: Russia 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 64: Russia Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 65: Russia 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • REST OF EUROPE
  • Table 66: Rest of Europe Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 67: Rest of Europe 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 68: Rest of Europe Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 69: Rest of Europe 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • ASIA-PACIFIC
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 70: Asia-Pacific Recent Past, Current & Future Analysis for GaN Power Devices by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
  • Table 71: Asia-Pacific 8-Year Perspective for GaN Power Devices by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2023 & 2030
  • Table 72: Asia-Pacific Recent Past, Current & Future Analysis for GaN Power Devices by Device - GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 73: Asia-Pacific 8-Year Perspective for GaN Power Devices by Device - Percentage Breakdown of Value Sales for GaN Power Modules, GaN Power ICs and GaN Power Discrete Devices for the Years 2023 & 2030
  • Table 74: Asia-Pacific Recent Past, Current & Future Analysis for GaN Power Devices by End-Use - IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
  • Table 75: Asia-Pacific 8-Year Perspective for GaN Power Devices by End-Use - Percentage Breakdown of Value Sales for IT & Telecom, Consumer Electronics, Automotive, Aerospace & Defense and Other End-Uses for the Years 2023 & 2030
  • AUSTRALIA
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
  • INDIA
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
  • GaN Power Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Ampleon Netherlands B.V.
  • Efficient Power Conversion Corporation
  • Epigan NV
  • Exagan
  • GaN Systems, Inc.
  • GaNPower International Inc.
  • INTEGRA Technologies Limited
  • Luxin Technology (Lu-Semi)
  • M/A-COM Technology Solutions Holdings, Inc.
  • Microsemi Corporation

Table Information

Report AttributeDetails
No. of Pages223
PublishedApril 2024
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 262.8 Million
Forecasted Market Value ( USD ) by 2030 $ 2200 Million
Compound Annual Growth Rate30.4%
Regions CoveredGlobal

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