Silicon Photomultiplier (SiPM) Market to Hit $221.0 Mn, Globally, by 2030 at 6.8% CAGR: AMR
As per the report, the global silicon photomultiplier (SiPM) industry was pegged at $113.7 million in 2020, and is projected to reach $221.0 million by 2030, growing at a CAGR of 6.8% from 2021 to 2030.
- As per the report, the global silicon photomultiplier (SiPM) industry was pegged at $113.7 million in 2020, and is projected to reach $221.0 million by 2030, growing at a CAGR of 6.8% from 2021 to 2030.
- Rise in use in the automotive industry and surge in demand for detection and imaging application drive the global silicon photomultiplier market.
- The large-scale manufacturing interruptions across Europe and interruption in export from China had negative effect on the demand for silicon photomultiplier.
- The global silicon photomultiplier market across North America is expected to register a CAGR of 5.0% from 2021 to 2030.