Asia Pacific New Packages and Materials for Power Devices market

Synopsis
The above chart is Global New Packages and Materials for Power Devices market [2015-2023] by Asia Pacific

Market Dynamics

China accounted for the largest market share in 2016 in the asia pacific new packages and materials for power devices market, and is expected to reach usd 1184.60 million in 2023 from usd 37.70 million in 2016.this market is projected to grow at a cagr of 61.81% during the forecast period from 2017 - 2023. automotive segment accounted for the largest market share in 2016, this market is expected to reach usd 1124.30 million in 2023 from usd 43.80 million in 2016. this market is projected to grow at a cagr of 58.17% during the forecast period from 2017 - 2023. packages segment accounted for the larger market share in 2016, this market is expected to reach usd 910.00 million in 2023 from usd 74.40 million in 2016. this market is projected to grow at a cagr of 42.83% during the forecast period from 2017 - 2023. however, material segment is the fastest growing market, which is expected to grow at a cagr of 60.09% during the forecast period 2017 - 2023.