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欧洲网版印刷网市场规模和预测到 2030 年 - 区域分析 - 按产品类型（常规和染色）、材料（聚酯、尼龙、钨、不銹钢等）和应用
市场调查报告书
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1463728

欧洲网版印刷网市场规模和预测到 2030 年 - 区域分析 - 按产品类型（常规和染色）、材料（聚酯、尼龙、钨、不銹钢等）和应用

Europe Screen Printing Mesh Market Size and Forecasts to 2030 - Regional Analysis - by Product Type (Regular and Dyed), Material (Polyester, Nylon, Tungsten, Stainless Steel, and Others), and Application
出版日期: | 出版商: The Insight Partners | 英文 72 Pages | 订单完成后即时交付

价格

2022年欧洲网版印刷网市值为1.5674亿美元，预计2030年将达到2.0492亿美元；预计 2022 年至 2030 年CAGR为 3.4%。

太阳能板製造中网版印刷丝网印刷的需求不断增长，推动了欧洲丝网印刷丝网市场的成长

网版印刷已成为太阳能板生产中的关键技术，近年来其需求一直在稳步增长。这一趋势主要是由其製造光伏电池的成本效益和效率所推动的。网版印刷可以将导电材料（例如银浆）精确地涂覆到太阳能电池表面上，从而创建电气通路。由于这种方法能够以较低的成本生产高品质的太阳能电池板，使再生能源更容易被更广泛的受众所接受，因此越来越受欢迎。例如，先进网版印刷技术的发展提高了太阳能电池的导电性和耐用性。这些创新带来了更有效率的能源转换和更持久的电池板，解决了再生能源产业的两个关键问题——效率和永续性。此外，住宅、商业和工业等各个领域也越来越多地采用太阳能，进一步刺激了网版印刷的需求。根据国际能源总署统计，目前全球太阳能光电发电量约为1,300太瓦时，预计到2030年将达到8,300太瓦时。 。

欧洲网版印刷网布市场概况

欧洲是一个多元化的市场，包括德国、法国、义大利、英国、西班牙和俄罗斯等多个已开发和发展中经济体。纺织业是欧洲最重要的工业之一，涵盖一系列产品和工艺，例如纺纱、织造、纺织品整理以及针织和钩编布料的製造。根据 EURATEX（即欧洲服装和纺织品联合会）的数据，2022 年纺织业出口额为 706 亿美元。印刷图像和徽标以及染色。该地区电子和半导体产业的投资也推动了网版印刷网的需求。 2023年4月，欧洲理事会和欧洲议会同意向欧盟基金投资36亿美元，以吸引另外437亿美元的私人投资，用于建立欧洲的半导体製造能力。网版印刷网是製造半导体印刷电路板的重要组成部分。该地区是圣戈班、肖特、AGC Inc等几家主要玻璃製造商的所在地。因此，欧洲纺织、电子和半导体等行业的强劲存在将继续加速市场成长。

欧洲网版印刷网布市场收入及2030年预测（百万美元）

欧洲网版印刷网布市场区隔

欧洲网版印刷网市场根据产品类型、材料、应用进行细分。

根据产品类型，欧洲网版印刷网市场分为普通网和染色网。 2022 年，染色细分市场将占据更大份额。

依材料，欧洲网版印刷网市场分为聚酯、尼龙、钨、不锈钢等。 2022 年，聚酯细分市场占据最大份额。

根据应用，欧洲网版印刷网市场分为纺织品、电子电气（电路板、太阳能板、显示器等）、玻璃和陶瓷等。 2022 年，纺织品领域占最大份额。

根据国家/地区，欧洲网版印刷网市场分为德国、法国、英国、义大利、西班牙和欧洲其他地区。 2022年，德国主导欧洲网版印刷网布市场。

Sefar AG、Saati SpA、HAVER & BOECKER、Weisse & Eschich GmbH & Co KG 和 NBC Meshtec Inc 是欧洲网版印刷丝网市场的领导公司。

目录

表中的内容

第 1 章：简介

第 2 章：执行摘要

  • 重要见解
  • 市场吸引力

第 3 章：研究方法

  • 覆盖范围
  • 二次研究
  • 初步研究

第 4 章：欧洲网版印刷网布市场格局

  • 概述
  • 波特五力分析
    • 供应商的议价能力
    • 买家的议价能力
    • 新进入者的威胁
    • 竞争激烈程度
    • 替代品的威胁
  • 生态系分析
    • 原物料供应商
    • 製造商
    • 经销商/供应商
    • 最终用途
    • 价值链供应商名单

第 5 章：欧洲网版印刷网布市场 - 主要市场动态

  • 市场驱动因素
    • 对印花服装的需求不断增长
    • 促销产品越来越受欢迎
  • 市场限制
    • 向数位印刷过渡
  • 市场机会
    • 太阳能板製造对网版印刷的需求不断增长
  • 未来的趋势
    • 自动化集成
  • 影响分析

第 6 章：网版印刷网布市场 - 欧洲市场分析

  • 欧洲网版印刷网布市场收入
  • 欧洲网版印刷网布市场预测与分析

第 7 章：欧洲网版印刷网布市场分析 - 产品类型

  • 常规的
    • 概述
    • 常规市场收入及 2030 年预测
  • 染色
    • 概述
    • 染色市场收入及 2030 年预测

第 8 章：欧洲网版印刷网布市场分析 - 材料

  • 聚酯纤维
    • 概述
    • 聚酯市场收入及 2030 年预测
  • 尼龙
    • 概述
    • 尼龙市场收入及 2030 年预测
  • 钨
    • 概述
    • 2030 年钨市场营收及预测
  • 不銹钢
    • 概述
    • 不锈钢市场收入及 2030 年预测
  • 其他的
    • 概述
    • 其他市场收入及 2030 年预测

第 9 章：欧洲网版印刷网布市场分析 - 应用

  • 纺织品
    • 概述
    • 纺织品市场收入及 2030 年预测
  • 电学
    • 概述
    • 电子电气市场收入及 2030 年预测
      • 电路板
      • 太阳能板
      • 显示器
      • 其他的
  • 玻璃和陶瓷
    • 概述
    • 玻璃和陶瓷市场收入及 2030 年预测
  • 其他的
    • 概述
    • 其他市场收入及 2030 年预测

第 10 章：网版印刷网布市场 - 国家分析

  • 欧洲
    • 德国
    • 法国
    • 义大利
    • 英国
    • 俄罗斯
    • 欧洲其他地区

第 11 章：产业格局

  • 概述
  • 产品发表会
  • 伙伴关係与协作

第 12 章：公司简介

  • Sefar AG
  • Saati SpA
  • HAVER & BOECKER OHG
  • Weisse & Eschrich GmbH & Co KG
  • NBC Meshtec Inc

第 13 章：附录

Product Code: BMIRE00029585

The Europe screen printing mesh market was valued at US$ 156.74 million in 2022 and is expected to reach US$ 204.92 million by 2030; it is estimated to grow at a CAGR of 3.4% from 2022 to 2030.

Growing Demand for Screen Printing in Solar Panels Manufacturing in the Screen Printing Mesh Fuels the Growth of Europe Screen Printing Mesh Market

Screen printing has emerged as a crucial technology in the production of solar panels, and its demand has been steadily growing in recent years. This trend is primarily driven by its cost-effectiveness and efficiency in manufacturing photovoltaic cells. Screen printing allows for the precise application of conductive materials, such as silver paste, onto solar cell surfaces, enabling the creation of electrical pathways. This method's popularity has surged due to its ability to produce high-quality solar panels at a lower cost, making renewable energy more accessible to a broader audience. For instance, the development of advanced screen printing techniques have improved the conductivity and durability of solar cells. These innovations result in more efficient energy conversion and longer-lasting panels, addressing two critical concerns in the renewable energy sector-efficiency and sustainability. Additionally, the growing adoption of solar energy in various sectors, including residential, commercial, and industrial, has further fueled the demand for screen printing. According to International Energy Agency, the current global solar PV generation capacity stands at approximately 1,300 TWh, which is expected to reach at 8,300 TWh by 2030. This will involve the manufacturing of a large number of solar panels, which would further drive the Europe screen printing mesh market.

Europe Screen Printing Mesh Market Overview

Europe is a diverse market that includes several developed and developing economies such as Germany, France, Italy, the UK, Spain, and Russia. The textile industry is one of the most prominent industries in Europe, covering a range of products and processes such as spinning, weaving, finishing of textiles and manufacturing of knitted and crocheted fabrics. According to EURATEX (i.e., European Apparel and Textile Confederation), the textile sector exports stood at US$ 70.6 billion in 2022. The strong presence of the textile industry in the region creates a huge demand for screen printing mesh, as they are used to print images and logos, as well as dyeing, on apparels. The investment in the electronics & semiconductors industry in the region is also driving the demand for screen printing mesh. In April 2023, the European Council and the European Parliament agreed to invest US$ 3.6 billion in European Union funds to attract a further US$ 43.7 billion in private investment to build Europe's semiconductor manufacturing capabilities. Screen printing mesh is an essential component for manufacturing printed-circuit board for semiconductors. The region is home to several major glass manufacturers such as Saint-Gobain, Schott, and AGC Inc. The decorative and functional application of glass such as automotive glass, architectural glass, household glass prefers screen printing method for glass printing. Thus, the strong presence of industries such as textile and electronics & semiconductors in Europe will continue to accelerate the market growth.

Europe Screen Printing Mesh Market Revenue and Forecast to 2030 (US$ Million)

Europe Screen Printing Mesh Market Segmentation

The Europe screen printing mesh market is segmented based on product type, material, application.

Based on product type, the Europe screen printing mesh market is bifurcated into regular and dyed. The dyed segment held a larger share in 2022.

Based on material, the Europe screen printing mesh market is segmented into polyester, nylon, tungsten, stainless steel, and others. The polyester segment held the largest share in 2022.

Based on application, the Europe screen printing mesh market is segmented into textiles, electronics & electricals (circuit boards, solar panels, displays, and others), glass & ceramics, and others. The textiles segment held the largest share in 2022.

Based on country, the Europe screen printing mesh market is segmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany dominated the Europe screen printing mesh market in 2022.

Sefar AG, Saati SpA, HAVER & BOECKER, Weisse & Eschich GmbH & Co KG, and NBC Meshtec Inc are some of the leading companies operating in the Europe screen printing mesh market.

Table Of Contents

Table of Content

1. Introduction

  • 1.1 The Insight Partners Research Report Guidance
  • 1.2 Market Segmentation

2. Executive Summary

  • 2.1 Key Insights
  • 2.2 Market Attractiveness

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. Europe Screen Printing Mesh Market Landscape

  • 4.1 Overview
  • 4.2 Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Intensity of Competitive Rivalry
    • 4.2.5 Threat of Substitutes
  • 4.3 Ecosystem Analysis
    • 4.3.1 Raw Material Suppliers
    • 4.3.2 Manufacturers
    • 4.3.3 Distributors/Suppliers
    • 4.3.4 End Use
    • 4.3.5 List of Vendors in the Value Chain

5. Europe Screen Printing Mesh Market - Key Market Dynamics

  • 5.1 Market Drivers
    • 5.1.1 Growing Demand for Printed Apparel
    • 5.1.2 Rising Popularity of Promotional Products
  • 5.2 Market Restraints
    • 5.2.1 Transition Toward Digital Printing
  • 5.3 Market Opportunity
    • 5.3.1 Growing Demand for Screen Printing in Solar Panels Manufacturing
  • 5.4 Future Trends
    • 5.4.1 Automation Integration
  • 5.5 Impact Analysis

6. Screen Printing Mesh Market - Europe Market Analysis

  • 6.1 Europe screen printing mesh market Revenue (US$ Million)
  • 6.2 Europe Screen Printing Mesh Market Forecast and Analysis

7. Europe Screen Printing Mesh Market Analysis - Product Type

  • 7.1 Regular
    • 7.1.1 Overview
    • 7.1.2 Regular Market Revenue and Forecast to 2030 (US$ Million)
  • 7.2 Dyed
    • 7.2.1 Overview
    • 7.2.2 Dyed Market Revenue and Forecast to 2030 (US$ Million)

8. Europe Screen Printing Mesh Market Analysis - Material

  • 8.1 Polyester
    • 8.1.1 Overview
    • 8.1.2 Polyester Market Revenue, and Forecast to 2030 (US$ Million)
  • 8.2 Nylon
    • 8.2.1 Overview
    • 8.2.2 Nylon Market Revenue, and Forecast to 2030 (US$ Million)
  • 8.3 Tungsten
    • 8.3.1 Overview
    • 8.3.2 Tungsten Market Revenue and Forecast to 2030 (US$ Million)
  • 8.4 Stainless Steel
    • 8.4.1 Overview
    • 8.4.2 Stainless Steel Market Revenue and Forecast to 2030 (US$ Million)
  • 8.5 Others
    • 8.5.1 Overview
    • 8.5.2 Others Market Revenue and Forecast to 2030 (US$ Million)

9. Europe Screen Printing Mesh Market Analysis - Application

  • 9.1 Textiles
    • 9.1.1 Overview
    • 9.1.2 Textiles Market Revenue, and Forecast to 2030 (US$ Million)
  • 9.2 Electronics & Electricals
    • 9.2.1 Overview
    • 9.2.2 Electronics & Electricals Market Revenue, and Forecast to 2030 (US$ Million)
      • 9.2.2.1 Circuit Boards
        • 9.2.2.1.1 Circuit Boards: Screen Printing Mesh Market - Revenue and Forecast to 2030 (US$ Million)
      • 9.2.2.2 Solar Panels
        • 9.2.2.2.1 Solar Panels: Screen Printing Mesh Market - Revenue and Forecast to 2030 (US$ Million)
      • 9.2.2.3 Displays
        • 9.2.2.3.1 Displays: Screen Printing Mesh Market - Revenue and Forecast to 2030 (US$ Million)
      • 9.2.2.4 Others
        • 9.2.2.4.1 Others: Screen Printing Mesh Market - Revenue and Forecast to 2030 (US$ Million)
  • 9.3 Glass and Ceramics
    • 9.3.1 Overview
    • 9.3.2 Glass and Ceramics Market Revenue and Forecast to 2030 (US$ Million)
  • 9.4 Others
    • 9.4.1 Overview
    • 9.4.2 Others Market Revenue and Forecast to 2030 (US$ Million)

10. Screen Printing Mesh Market -Country Analysis

  • 10.1 Europe
    • 10.1.1 Europe Screen Printing Mesh Market Overview
    • 10.1.2 Europe Screen Printing Mesh Market Revenue and Forecasts and Analysis - By Key Countries
      • 10.1.2.1 Europe Screen Printing Mesh Market Breakdown by Key Country
      • 10.1.2.2 Germany Screen Printing Mesh Market Revenue and Forecasts to 2030 (US$ Million)
        • 10.1.2.2.1 Germany Screen Printing Mesh Market Breakdown by Product Type
        • 10.1.2.2.2 Germany Screen Printing Mesh Market Breakdown by Material
        • 10.1.2.2.3 Germany Screen Printing Mesh Market Breakdown by Application
      • 10.1.2.3 France Screen Printing Mesh Market Revenue and Forecasts to 2030 (US$ Million)
        • 10.1.2.3.1 France Screen Printing Mesh Market Breakdown by Product Type
        • 10.1.2.3.2 France Screen Printing Mesh Market Breakdown by Material
        • 10.1.2.3.3 France Screen Printing Mesh Market Breakdown by Application
      • 10.1.2.4 Italy Screen Printing Mesh Market Revenue and Forecasts to 2030 (US$ Million)
        • 10.1.2.4.1 Italy Screen Printing Mesh Market Breakdown by Product Type
        • 10.1.2.4.2 Italy Screen Printing Mesh Market Breakdown by Material
        • 10.1.2.4.3 Italy Screen Printing Mesh Market Breakdown by Application
      • 10.1.2.5 UK Screen Printing Mesh Market Revenue and Forecasts to 2030 (US$ Million)
        • 10.1.2.5.1 UK Screen Printing Mesh Market Breakdown by Product Type
        • 10.1.2.5.2 UK Screen Printing Mesh Market Breakdown by Material
        • 10.1.2.5.3 UK Screen Printing Mesh Market Breakdown by Application
      • 10.1.2.6 Russia Screen Printing Mesh Market Revenue and Forecasts to 2030 (US$ Million)
        • 10.1.2.6.1 Russia Screen Printing Mesh Market Breakdown by Product Type
        • 10.1.2.6.2 Russia Screen Printing Mesh Market Breakdown by Material
        • 10.1.2.6.3 Russia Screen Printing Mesh Market Breakdown by Application
      • 10.1.2.7 Rest of Europe Screen Printing Mesh Market Revenue and Forecasts to 2030 (US$ Million)
        • 10.1.2.7.1 Rest of Europe Screen Printing Mesh Market Breakdown by Product Type
        • 10.1.2.7.2 Rest of Europe Screen Printing Mesh Market Breakdown by Material
        • 10.1.2.7.3 Rest of Europe Screen Printing Mesh Market Breakdown by Application

11. Industry Landscape

  • 11.1 Overview
  • 11.2 Product launch
  • 11.3 Partnerships and Collaborations

12. Company Profiles

  • 12.1 Sefar AG
    • 12.1.1 Key Facts
    • 12.1.2 Business Description
    • 12.1.3 Products and Services
    • 12.1.4 Financial Overview
    • 12.1.5 SWOT Analysis
    • 12.1.6 Key Developments
  • 12.2 Saati SpA
    • 12.2.1 Key Facts
    • 12.2.2 Business Description
    • 12.2.3 Products and Services
    • 12.2.4 Financial Overview
    • 12.2.5 SWOT Analysis
    • 12.2.6 Key Developments
  • 12.3 HAVER & BOECKER OHG
    • 12.3.1 Key Facts
    • 12.3.2 Business Description
    • 12.3.3 Products and Services
    • 12.3.4 Financial Overview
    • 12.3.5 SWOT Analysis
    • 12.3.6 Key Developments
  • 12.4 Weisse & Eschrich GmbH & Co KG
    • 12.4.1 Key Facts
    • 12.4.2 Business Description
    • 12.4.3 Products and Services
    • 12.4.4 Financial Overview
    • 12.4.5 SWOT Analysis
    • 12.4.6 Key Developments
  • 12.5 NBC Meshtec Inc
    • 12.5.1 Key Facts
    • 12.5.2 Business Description
    • 12.5.3 Products and Services
    • 12.5.4 Financial Overview
    • 12.5.5 SWOT Analysis
    • 12.5.6 Key Developments

13. Appendix

List Of Tables

  • Table 1. Europe Screen Printing Mesh Market Segmentation
  • Table 2. List of Raw Material Suppliers
  • Table 3. List of Manufacturers
  • Table 4. Europe Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million)
  • Table 5. Europe Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - Product Type
  • Table 6. Europe Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - Material
  • Table 7. Europe Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - Application
  • Table 8. Germany Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Product Type
  • Table 9. Germany Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Material
  • Table 10. Germany Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Application
  • Table 11. France Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Product Type
  • Table 12. France Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Material
  • Table 13. France Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Application
  • Table 14. Italy Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Product Type
  • Table 15. Italy Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Material
  • Table 16. Italy Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Application
  • Table 17. UK Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Product Type
  • Table 18. UK Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Material
  • Table 19. UK Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Application
  • Table 20. Russia Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Product Type
  • Table 21. Russia Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Material
  • Table 22. Russia Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Application
  • Table 23. Rest of Europe Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Product Type
  • Table 24. Rest of Europe Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Material
  • Table 25. Rest of Europe Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million) - By Application

List Of Figures

  • Figure 1. Europe Screen Printing Mesh Market Segmentation, By Country
  • Figure 2. Europe Screen Printing Mesh Market - Porter's Analysis
  • Figure 3. Ecosystem: Europe Screen Printing Mesh Market
  • Figure 4. Market Dynamics: Europe Screen Printing Mesh Market
  • Figure 5. Europe Screen Printing Mesh Market Impact Analysis of Drivers and Restraints
  • Figure 6. Europe Screen Printing Mesh Market Revenue (US$ Million), 2020 - 2030
  • Figure 7. Europe Screen Printing Mesh Market Share (%) - Product Type, 2022 and 2030
  • Figure 8. Regular Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 9. Dyed Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 10. Europe Screen Printing Mesh Market Share (%) -Material, 2022 and 2030
  • Figure 11. Polyester Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 12. Nylon Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 13. Tungsten Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 14. Stainless Steel Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 15. Others Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 16. Europe Screen Printing Mesh Market Share (%) -Application, 2022 and 2030
  • Figure 17. Textiles Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 18. Electronics & Electricals Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 19. Circuit Boards: Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 20. Solar Panels: Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 21. Displays: Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 22. Others: Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 23. Glass and Ceramics Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 24. Others Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 25. Europe Screen Printing Mesh Market Breakdown, by Key Countries, (2022) (US$ Mn)
  • Figure 26. Europe Screen Printing Mesh Market Breakdown by Key Countries, 2022 and 2030 (%)
  • Figure 27. Germany Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 28. France Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 29. Italy Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 30. UK Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 31. Russia Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million)
  • Figure 32. Rest of Europe Screen Printing Mesh Market Revenue and Forecasts To 2030 (US$ Million)