Global Power MOSFET Market: Regional Insights
North America is anticipated to show significant growth in the global power MOSFET market over the forecast period. This is due to rise in disposable income of the population across the region driving the sales of power MOSFET devices. Moreover, due to developments in power & energy industry, advanced technologies are increasingly being adopted, which in turn is anticipated to drive growth of the market in the region. Along with this, prominent companies in the market are adopting merger and acquisition growth strategies, which is also expected to boost the market growth in North America.
Asia Pacific is anticipated to gain promising growth in the global power MOSFET market over the forecast period, owing to increasing importance of power MOSFET devices among organizations for ensuring efficient working conditions. Moreover, high demand for automated switching devices as well as power modules, is also expected to drive growth of the global power MOSFET market in Asia Pacific region.
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