Ascending Demand for GaN Power Devices to Propel the Growth of the GaN Power Devices Market Between 2017 – 2025

TMR’s latest report on global GaN Power Devices market

The recent market intelligence study by Transparency Market Research elaborates the all in all perspective of the worldwide GaN Power Devices market, from its historical growth through the future outlook. The report is scrutinized on the basis of product type, end use, region and market players. Each segment depicted based on market share, revenue, and demand prospect.

Analysts at TMR find that the global GaN Power Devices market reached a value of ~US$ xx Mn/Bn in 2018 and is anticipated to grow at CAGR of xx% during the forecast period 2019-2029. The growth is primarily driven by increasing demand for GaN Power Devices among the consumers, better disposable income, and enhanced GDP in developing countries.

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Market distribution:

Segmentation

The U.K. insect repellent market is segregated on the basis of product into non- body worn and body worn products. Non- body worn products held the majority market share whereas body worn products are anticipated to witness the most rapid growth rate. Non-body worn and body worn products are further segregated on the basis of products and compositions. Non-body worn products include coil, mat and sheet, electric/liquid vaporizers and aerosol sprays. Aerosol sprays held the majority market share in 2016.

The demand for such products is fairly high among the consumers owing to their reasonable cost, high awareness among the consumers owing to their widespread availability across all retail chains such as super markets and hyper markets, convenience stores, and online stores among others. Body worn insect repellent products include stickers and patches, oils and creams, apparels and aerosols. Oils and creams held the majority market share in 2016. This is attributed to the high demand for natural insecticides among the consumers and the safety aspects of these products. Moreover, oils and cream are economical, easy to use, and remain effective for several hours.

Non-body worn insect repellent compositions include malathion, carbaryl, pyrethrin and others. Pyrethrin held the majority market share in 2016. This is attributed to its use to control insects such as lice, mosquitoes, beetles, and flies and others. Pyrethrins are found in sprays, dusts, foggers (bug bombs), shampoos and various others. Pyrethrins are also included in head lice products which are approved by the Food and Drug Administration (FDA). Body worn insect repellent compositions include deet, picaridin, IR 3535, oil of lemon eucalyptus/ p-Menthane-3,8-diol, plant oil and others. Oil of lemon eucalyptus/ p-Menthane-3,8-diol held the majority market share in 2016. This product has several benefits such as antibacterial properties, invigorating immune system response, and pain relief and others.

Companies Mentioned in the Report

The major vendors in the U.K. Insect Repellent Market are Avon Products Inc., BASF SE, E. I. du Pont de Nemours and Company, 3M Corporation and S. C. Johnson & Son, Inc. among others. Some of the key strategies adopted by these companies include mergers and acquisitions, joint ventures and partnerships, product innovations, and geographical expansions.

The segments covered in the U.K. insect repellent market are as follows:

By Product

  • Non-Body Worn
    • Coil, Mat and Sheet
    • Electric/liquid Vaporizer
    • Aerosol Sprays
  • Body Worn
    • Oils and Creams
    • Stickers and Patches
    • Apparels
    • Aerosol

By Composition

  • Non-Body Worn
    • Malathion
    • Carbaryl
    • Pyrethrin
    • Others
  • Body Worn Composition
    • Deet
    • Picaridin
    • Oil of Lemon Eucalyptus/ p-Menthane-3,8-diol
    • IR 3535
    • Plant Oil
    • Others

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After reading the GaN Power Devices market report, readers can:

  • Understand the drivers, restraints, opportunities and trends that impact the overall growth of the GaN Power Devices market.
  • Grasp the market outlook in terms of value and volume.
  • Study the strengths, weaknesses, opportunities and threats of each stakeholder operating in the GaN Power Devices market.
  • Learn about the manufacturing techniques of GaN Power Devices in brief.
  • Figure out the positive and negative factors impacting the product sales.

What kind of questions the GaN Power Devices market report answers?

  1. Why is region witnessing the slowest demand growth for GaN Power Devices ?
  2. What kind of agreements are the players entering into in the global GaN Power Devices market?
  3. Which sub-segment will lead the global GaN Power Devices market by 2029 by product?
  4. Which GaN Power Devices market players hold significant shares in terms of value and volume?
  5. What alternatives are consumers looking for in the global GaN Power Devices market?

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About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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This post was originally published on Analytics News