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Global Monocrystalline Silicon Furnace Market is projected to exhibit a CAGR of 19.77% between 2018 and 2023

Author: QYResearch | Publish date: 2018-05-30 | Views: 52
The Monocrystalline Silicon Furnace industry was 1,479.80 million USD in 2017 and is projected to reach USD 5,002.44 million USD by 2022, at a CAGR (Compounded Annual Growth Rate) of 19.77% between 2018 and 2023. The market is driven by various end-user industries, such as Semiconductor and Solar Cell Industry.

The industry is concentration, the key brand include Kayex-Lintoncrystal, PVA TePla AG, Ferrotec, Cyberstar, Gigamat, Mitsubishi, Jingsheng, NAURA, Jinyuntong, Tanlong and so on. Among them, Kayex-Lintoncrystal, PVA TePla AG and Jingsheng are the leaders.

The silicon single crystal is known by the public as to be the active constituent used in photovoltaic and semiconductor industry in particular as well as for the power electronics industry, the regular lattice structure of ultra-pure monocrystalline crystals ensures efficient production that is viable for future requirements.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.

The Global Monocrystalline Silicon Furnace Market Research Report 2017 report released by QYResearch provides a basic overview of the Monocrystalline Silicon Furnace industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Monocrystalline Silicon Furnace industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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