Market Overview:
The global GaN epitaxial wafers market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for GaN-based devices across various applications, such as electric vehicles, 5G communications, high-speed rails, radars, robotics and others. Additionally, the growing demand for energy-efficient and high-performance devices is also contributing to the growth of this market.
Product Definition:
A GaN epitaxial wafer is a semiconductor wafer made of gallium nitride. It is used in the manufacture of light-emitting diodes, lasers, and other electronic devices.
MOCVD Method:
MOCVD method is used for fabricating high-quality and large-sized GaN epitaxial wafers. MOCVD has been the most widely used method due to its suitability in fabrication of large volume substrates at low cost. The growth factor attributing to the market size includes factors such as growing demand for power electronics devices, increasing adoption of MOSFET technology over silicon, and rising focus on research & development activities in power electronics industry.
MBE Method:
The method is used to grow high-quality, single crystal silicon on any semiconductor material such as gallium nitride (GaN) or aluminum. It is a time-consuming process and requires several steps for the right results. The most important step in this method is heating of the substrate at a precise temperature to create an epitaxial layer on it.
MBE has been around since the early 60s.
Application Insights:
The electric vehicles application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing government funding for electric vehicle manufacturing as part of initiatives undertaken to reduce greenhouse emissions and promote energy efficiency.
GaN wafers are used in various applications such as radars, high-speed rails, 5G communications, robotics, and others including power generation equipment and solar cells/wafersheets. The radars segment is expected to witness significant growth owing to its growing use in air traffic control systems, missile defense systems, surveillance programs among others which require highly efficient materials with low weight & cost coupled with high reliability & durability standards. GaN technology provides an effective solution for radar applications due largelyto its abilityto operateat elevated temperatures while maintaining optimum performance levels required by military & aerospace agencies worldwide.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of semiconductor manufacturers, such as Micron, Intel Corporation, and Qualcomm. The U.S.-based companies are involved in developing advanced technologies through research activities and development of new products using GaN material. Moreover, these companies are also focusing on manufacturing processes by adopting different techniques such as MOCVD or MBE for producing high-quality wafers at low costs.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to rapid developments taking place in electronics industry especially China and Japan that accounted for more than 50% share in regional market revenue generation due to their large production capacities along with well-established distribution networks within their respective countries & export capabilities across major markets including North America & Europe.
Growth Factors:
- Increasing demand for GaN epitaxial wafers from the LED lighting and automotive industries
- Growing popularity of GaN-based power electronics devices
- Proliferation of next-generation wireless communication technologies
- Rising demand for energy-efficient electronic devices
- Technological advancements in the field of GaN epitaxial wafers
Scope Of The Report
Report Attributes
Report Details
Report Title
GaN Epitaxial Wafers Market Research Report
By Type
MOCVD Method, MBE Method
By Application
Electric Vehicles, 5G Communications, High-Speed Rails, Radars, Robotics, Others
By Companies
Mitsubishi Chemical Corporation, EpiGaN, SCIOCS, GLC Semiconductor Group, IGSS GaN, Homray Material Technology, POWDEC K.K., Nitride Semiconductors Co.,Ltd, Dongguan Sino Crystal Semiconductor Co., Ltd, Atecom Technology Co., Ltd, CorEnergy Semiconductor Co. Ltd, Air Water Inc, Xiamen Powerway Advanced Material Co., Ltd, Ceramicforum Co., Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global GaN Epitaxial Wafers Market Report Segments:
The global GaN Epitaxial Wafers market is segmented on the basis of:
Types
MOCVD Method, MBE Method
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electric Vehicles, 5G Communications, High-Speed Rails, Radars, Robotics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi Chemical Corporation
- EpiGaN
- SCIOCS
- GLC Semiconductor Group
- IGSS GaN
- Homray Material Technology
- POWDEC K.K.
- Nitride Semiconductors Co.,Ltd
- Dongguan Sino Crystal Semiconductor Co., Ltd
- Atecom Technology Co., Ltd
- CorEnergy Semiconductor Co. Ltd
- Air Water Inc
- Xiamen Powerway Advanced Material Co., Ltd
- Ceramicforum Co., Ltd
Highlights of The GaN Epitaxial Wafers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- MOCVD Method
- MBE Method
- By Application:
- Electric Vehicles
- 5G Communications
- High-Speed Rails
- Radars
- Robotics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the GaN Epitaxial Wafers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
GaN epitaxial wafers are a type of semiconductor chip that is made from gallium nitride. They are used in electronic devices, such as smartphones and computer chips, because they have a high speed and low power consumption.
Some of the major players in the gan epitaxial wafers market are Mitsubishi Chemical Corporation, EpiGaN, SCIOCS, GLC Semiconductor Group, IGSS GaN, Homray Material Technology, POWDEC K.K., Nitride Semiconductors Co.,Ltd, Dongguan Sino Crystal Semiconductor Co., Ltd, Atecom Technology Co., Ltd, CorEnergy Semiconductor Co. Ltd, Air Water Inc, Xiamen Powerway Advanced Material Co., Ltd, Ceramicforum Co., Ltd.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. GaN Epitaxial Wafers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. GaN Epitaxial Wafers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. GaN Epitaxial Wafers Market - Supply Chain
4.5. Global GaN Epitaxial Wafers Market Forecast
4.5.1. GaN Epitaxial Wafers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. GaN Epitaxial Wafers Market Size (000 Units) and Y-o-Y Growth
4.5.3. GaN Epitaxial Wafers Market Absolute $ Opportunity
5. Global GaN Epitaxial Wafers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. GaN Epitaxial Wafers Market Size and Volume Forecast by Type
5.3.1. MOCVD Method
5.3.2. MBE Method
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global GaN Epitaxial Wafers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. GaN Epitaxial Wafers Market Size and Volume Forecast by Application
6.3.1. Electric Vehicles
6.3.2. 5G Communications
6.3.3. High-Speed Rails
6.3.4. Radars
6.3.5. Robotics
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global GaN Epitaxial Wafers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. GaN Epitaxial Wafers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global GaN Epitaxial Wafers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. GaN Epitaxial Wafers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global GaN Epitaxial Wafers Demand Share Forecast, 2019-2026
9. North America GaN Epitaxial Wafers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America GaN Epitaxial Wafers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America GaN Epitaxial Wafers Market Size and Volume Forecast by Application
9.4.1. Electric Vehicles
9.4.2. 5G Communications
9.4.3. High-Speed Rails
9.4.4. Radars
9.4.5. Robotics
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America GaN Epitaxial Wafers Market Size and Volume Forecast by Type
9.7.1. MOCVD Method
9.7.2. MBE Method
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America GaN Epitaxial Wafers Demand Share Forecast, 2019-2026
10. Latin America GaN Epitaxial Wafers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America GaN Epitaxial Wafers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America GaN Epitaxial Wafers Market Size and Volume Forecast by Application
10.4.1. Electric Vehicles
10.4.2. 5G Communications
10.4.3. High-Speed Rails
10.4.4. Radars
10.4.5. Robotics
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America GaN Epitaxial Wafers Market Size and Volume Forecast by Type
10.7.1. MOCVD Method
10.7.2. MBE Method
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America GaN Epitaxial Wafers Demand Share Forecast, 2019-2026
11. Europe GaN Epitaxial Wafers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe GaN Epitaxial Wafers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe GaN Epitaxial Wafers Market Size and Volume Forecast by Application
11.4.1. Electric Vehicles
11.4.2. 5G Communications
11.4.3. High-Speed Rails
11.4.4. Radars
11.4.5. Robotics
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe GaN Epitaxial Wafers Market Size and Volume Forecast by Type
11.7.1. MOCVD Method
11.7.2. MBE Method
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe GaN Epitaxial Wafers Demand Share, 2019-2026
12. Asia Pacific GaN Epitaxial Wafers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific GaN Epitaxial Wafers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific GaN Epitaxial Wafers Market Size and Volume Forecast by Application
12.4.1. Electric Vehicles
12.4.2. 5G Communications
12.4.3. High-Speed Rails
12.4.4. Radars
12.4.5. Robotics
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific GaN Epitaxial Wafers Market Size and Volume Forecast by Type
12.7.1. MOCVD Method
12.7.2. MBE Method
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific GaN Epitaxial Wafers Demand Share, 2019-2026
13. Middle East & Africa GaN Epitaxial Wafers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa GaN Epitaxial Wafers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa GaN Epitaxial Wafers Market Size and Volume Forecast by Application
13.4.1. Electric Vehicles
13.4.2. 5G Communications
13.4.3. High-Speed Rails
13.4.4. Radars
13.4.5. Robotics
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa GaN Epitaxial Wafers Market Size and Volume Forecast by Type
13.7.1. MOCVD Method
13.7.2. MBE Method
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa GaN Epitaxial Wafers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global GaN Epitaxial Wafers Market: Market Share Analysis
14.2. GaN Epitaxial Wafers Distributors and Customers
14.3. GaN Epitaxial Wafers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsubishi Chemical Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. EpiGaN
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SCIOCS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GLC Semiconductor Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. IGSS GaN
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Homray Material Technology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. POWDEC K.K.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nitride Semiconductors Co.,Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dongguan Sino Crystal Semiconductor Co., Ltd
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Atecom Technology Co., Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CorEnergy Semiconductor Co. Ltd
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Air Water Inc
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Xiamen Powerway Advanced Material Co., Ltd
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ceramicforum Co., Ltd
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
