Market Overview
The global high voltage amplifier market is expected to rise at a stellar 13% CAGR from 2017 to 2023 to reach a valuation of USD 939 million by 2023, according to the latest research report from Market Research Future (MRFR). The report profiles the leading drivers and restraints determining the market’s growth trajectory and provides a close look at the internal dynamics of the market, including its competitive landscape and the composition of the market in terms of various relevant criteria.
High voltage amplifiers are an electric instrument used to increase the voltage from a source and deliver a higher output for high-voltage applications. The growth in the demand for high voltage amplifiers has mainly been driven by the increasing demand for power amplification in various industrial applications. Industrial applications of high voltage amplifiers include the nuclear energy sector, medical devices, and telecommunications, among others. These and other applications of high voltage amplifiers have been boosted by the increasing government expenditure on these sectors, which is likely to drive steady growth of the High Voltage Amplifier Market over the forecast period.
The medical devices sector is likely to grow at a steady growth rate over the forecast period due to the increasing investment in the sector from private investors. This is likely to drive product innovation in the field of digitalization and increasing efficient ways of treating a given condition. This is likely to drive the demand for high voltage amplifiers from the medical sector. The nuclear energy sector could also play a key role in the growth of the high voltage amplifier market, if governments around the world start increasing their investment in the controversial energy source. IT and telecom is also likely to be a major revenue generator for the global high voltage amplifier market over the forecast period due to the increasing demand for wireless transmissions of high volumes of data. The increasing demand from such high-tech applications is likely to be a major driver for the global high voltage amplifier market over the forecast period.
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Key Players:
The prominent players in voltage amplifier market are – Trek, Inc. (U.S.), Texas Instruments, Inc. (U.S.), Analog Devices, Inc. (U.S.), Tabor Electronics (Israel), Falco Systems, Inc. (U.S.), Accel Instruments GmbH (Germany), Linear Technology (U.S.), HVP High Voltage Products GmbH (Germany), Dewetron GmbH (Germany), Aerotech, Inc. (U.S.) and others.
Market Segmentation
The global high voltage amplifier market is segmented on the basis of type, slew rate, application, and region.
Regional Analysis
North America is likely to dominate global high voltage amplifier market over the forecast period due to the increasing demand for high voltage amplifiers in a number of industries, including medical, telecommunications, and aerospace and defense. The growing industrial usage of high voltage amplifiers in North America is also aided by the strong presence of electric device manufacturers in the region, which has generated intense competition in the market, leading to the production of several advanced high voltage amplifier products.
Asia Pacific is likely to grow at the strongest rate in the global high voltage amplifier market over the forecast period due to the growing industrial sector in the region, especially in developing economies such as India and China. Increasing demand for nuclear power in Asia Pacific could also play a key role in the growth of the high voltage amplifier market in the region over the forecast period.
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