Global Pulsed Power Market Projected to Reach USD 1690 Million by 2026

18-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “Pulsed Power Market By Application (Food Processing, Medical Treatment, Water Treatment, Exhaust Gas Treatment, Ozone Generation, Ion Implantation, Military, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Pulsed Power market in 2019 was approximately USD 1320 Million. The market is expected to grow at a CAGR of 3.5% and is anticipated to reach around USD 1690 Million by 2026.

Pulsed Power Market

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Browse the full “Pulsed Power Market By Application (Food Processing, Medical Treatment, Water Treatment, Exhaust Gas Treatment, Ozone Generation, Ion Implantation, Military, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/pulsed-power-market-by-application-food-processing-medical-1233

The growing technological developments in aerospace and defense industries are influencing the growth of the pulsed power industry. In aerospace industry are focusing on developing flying cars, sleek new fighters, massive jets, and hybrid vehicles. Thereby, several applications of pulsed power in aerospace and defense industry will be enhance the pulsed power market in coming years. Moreover, use of pulsed electric field (PEF) in food industry is also leading the pulsed power market.

However, the use of pulsed power in automotive – Capacitor Discharge Ignition (CDI) is slowly fading away as electric vehicles (EVs) become more demanding in mass market. In addition, volatility in its prices is declining the sales and thus, it may hinder the future market growth. It has been expected that pulsed power based water treatment services will provide lucrative opportunity in pharmaceutical industry and pulp & paper industry over the forecast period.

On the basis of application, the global pulsed power market is bifurcated into food processing, medical treatment, water treatment, exhaust gas treatment, ozone generation, ion implantation, and military among others. Military and medical treatments are the leading applications in this market. 

The global pulsed power market is analyzed by five major regions including North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa.  The US in North America and Europe are the two regions which is dominating the market as it holds the largest market share in the global pulsed power market.  China in Asia Pacific is estimated to grow at the highest growth rate over the forecast period. The concentration rate of pulsed power is high in regions like the U.S., Europe, and China.

The U.S. is expected to be dominating during the years to come Moreover, China and India are anticipated to be the fastest growing region for pulsed power market owing to the increase in application industries such as plastic, paper & pulp, aerospace, defense, military, and water management. Furthermore, the Middle East region is moderately concentrated for the pulsed power market. However, it is expected to witness the same concentration growth in the future years.

Latin America region is least concentrated for the pulse power market and it is projected to experience sluggish growth of the market over the coming years. Further, the regions are analyzed into major countries in this research report are the U.S., Mexico, Germany, UK, Canada, France, China, Italy, India, South Korea, Japan, Brazil, UAE, Egypt, Kuwait, and South Africa among others.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 1320 Million

Projected Market Size in 2026

USD 1690 Million

CAGR Growth Rate

3.5% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

General Atomics, ScandiNova, Applied Pulsed Power (APP), Excelitas Technologies Corp., Sandia National Laboratories, Woodruff Scientific, Inc., Tetra Corporation, Astrol Electronic AG, Pulsed Power Plasmas Group, PPM Power, Dynatronix, Transient Plasma Systems, Inc., Riley Industries Ltd., MUNK GmbH, Quantel Laser, Ness Engineering, Inc, SLAC National, and Accelerator Laboratory, and Others

Key Segment

By Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Some of the leading players in the global market include

General Atomics, ScandiNova, Applied Pulsed Power (APP), Excelitas Technologies Corp., Sandia National Laboratories, Woodruff Scientific, Inc., Tetra Corporation, Astrol Electronic AG, Pulsed Power Plasmas Group, PPM Power, Dynatronix, Transient Plasma Systems, Inc., Riley Industries Ltd., MUNK GmbH, Quantel Laser, Ness Engineering, Inc, SLAC National, and Accelerator Laboratory amongst others.

This report segments the Pulsed Power market as follows:

By Application Segmentation Analysis

  • Food Processing
  • Medical Treatment
  • Water Treatment
  • Exhaust Gas Treatment
  • Ozone Generation
  • Ion Implantation
  • Military
  • Others

By Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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