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Asia Pacific to have a major share in the GAN Substrates Market

Asia Pacific dominates the GaN Substrates Market with a share of 70%. Sapphire production is 78%, while GAN production is 84% in the Asia Pacific countries. These countries are the largest producers of LED. During 2018-2023, the market is expected to have a CAGR of 92%, with a high demand for LED and PSD in countries like Tokyo, Korea, Taiwan, and China. Asian players share half of the market due to the larger production of substrates in these countries. Compared to other countries, countries in the Asia Pacific region have low manufacturing and labor costs. This factor drives the growth of the power GAN devices during the forecast period

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Asia Pacific to have a major share in the GAN Substrates Market

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  1. The Food Testing Market is expected to reach $8690 million by 2023

  2. Americas is the largest region in the Food Testing Market during the forecast period. It is expected to reach $2492.49 million by 2023 at a CAGR of 3.1%. This growth is due to the increasing consumer demand for food safety and quality. Contact : sales@industryarc.com

  3. Selected Analysis done in the full Report: The Microbiology analysis segment reached $2,295.65 million in 2016. It is expected to reach $4068. 74 million by 2023, growing at a CAGR of 7.2%. Microbiology analysis consists of a series of tests which are conducted to examine the pathogen content in the food. Hence, regular microbiology analysis has to be performed to kill such pathogens. New technologies for microbiology analysis are being introduced by organizations such as RoboPrepHT system from BIOTECON which can conduct an automated quick test on pathogens. Contact : sales@industryarc.com

  4. Excerpts on Market Growth Factors Mentioned in the Full Report: The rising mislabeling of food products is prevalent in Europe, where horse DNA was found in meat labeled as beef and pork. This has prompted the food safety authorities to prevent the occurrence of such frauds. Increasing GMO contamination of food products will enhance the demand for food testing in the coming years. The Food Testing Market has witnessed the introduction of many new testing methods such as testing of human brain cells reaction to the consumption of foods to understand health benefits provided by such foods. Contact : sales@industryarc.com

  5. Key Players of the Food Testing Market 1.TÜV RHEINLAND 2. TÜV NORD GROUP 3. TÜV SUD 4. EUROFINS SCIENTIFIC 5. INTERTEK GROUP 6. MERIEUX NUTRISCIENCES 7. SGS SA 8. DNV GL 9. SCIEX INC. 10. ALS LTD and Others Download Sample Report Contact : sales@industryarc.com

  6. You Can Customize the Report as Per Your Need. We have included Some Customization Options Company Profile Analyst Briefing Data Tables Key Contacts Contact : sales@industryarc.com

  7. About IndustryARC IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. Contact : sales@industryarc.com

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