Key points
Global NPO/CPO shipment forecast (mn units, NPO+CPO stacked) ｜ ~40mn in 2028F vs ~7.5mn in 2027F, more than 5x growth
Image source: @pequityresearch
2026-11-09
Nomura Sees Global NPO/CPO Shipments Reaching ~40mn Units by 2028
Global NPO/CPO shipment forecast (mn units, NPO+CPO stacked) ｜ ~40mn in 2028F vs ~7.5mn in 2027F, more than 5x growth
Image source: @pequityresearch