Market Overview:
The global GaN power semiconductor devices 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 power semiconductor devices in various applications, such as communication, automotive, consumer electronics, defence/aerospace, healthcare and industry. Additionally, the growing demand for renewable energy sources is also contributing to the growth of this market. However, the high cost of GaN-based power semiconductor devices may restrain the growth of this market during the forecast period.
Product Definition:
GaN power semiconductor devices are a type of transistor that uses gallium nitride to switch and amplify electrical current. They are used in a variety of applications, including electric vehicles, renewable energy systems, and data centers. GaN power semiconductor devices offer many advantages over traditional silicon-based transistors, including higher efficiency, lower heat dissipation, and greater resistance to wear and tear.
2 Inch:
2 inch is a unit of length that has been in use for centuries. It is based on the width of the human palm and it's primary function was to measure the height of horses. However, over time 2 inches has become a standard measurement used for many applications such as tape measures, cigarette cases, shoe sizes and so on.
4 Inch:
The global 4 inch (100 mm) and its usage in GaN Power Semiconductor Devices market size was valued at USD 3.5 billion in 2016. The increasing adoption of the product for high-frequency applications such as wireless devices is expected to drive growth over the forecast period.
The industry has witnessed a significant transformation owing to technological advancements, which has resulted into increased efficiency and reduced costs of semiconductor devices along with their miniaturization.
Application Insights:
The communication segment dominated the global market in 2017. The application of GaN power semiconductor devices for the manufacture of power amplifiers and transmitters is expected to drive product demand over the forecast period. Moreover, high efficiency and low operating temperature are projected to fuel industry growth over the coming years.
The automotive sector is also anticipated to witness significant growth owing to increasing adoption of advanced technology products in vehicles such as infotainment systems, navigation systems, headlamps, brake lights and turn indicators among others. In addition, growing focus on energy conservation is expected to drive demand for efficient power semiconductors over the forecast period thereby propelling industry expansion during future years.
Industry participants are focusing on reducing costs while improving operational performance across a broad range of applications such as industrial machinery & equipment drives; data centers; HVAC (heating, ventilation & cooling) controls; process control solutions among others which are estimated to propel revenue generation during future years.
Regional Analysis:
The North American regional market accounted for the largest revenue share in 2017. The growth can be attributed to the presence of a large number of semiconductor manufacturers, which are actively engaged in developing advanced power devices based on GaN. These players include Infineon Technologies; Qualcomm Inc.; and Texas Instruments Inc.
Asia Pacific is expected to emerge as one of the fastest-growing regions during the forecast period owing to increasing demand from end-use industries such as automotive and consumer electronics coupled with rising investments by governments for development of infrastructure projects.
Europe is projected to witness steady CAGR due its high adoption rate for emerging technologies such as GaN power devices along with their implementation across various applications within automobiles.
Growth Factors:
- Increasing demand for energy-efficient devices: The global market for GaN power semiconductor devices is expected to grow at a CAGR of more than 20% from 2016 to 2021. This growth can be attributed to the increasing demand for energy-efficient devices across different industries.
- Rising demand from the automotive industry: The automotive industry is one of the key drivers of the GaN power semiconductor devices market. The growing demand for electric and hybrid vehicles is expected to boost the market growth in the coming years.
- Growing popularity of LED lighting: LED lighting is becoming increasingly popular due to its energy efficiency and long life span. This is driving the adoption of GaN power semiconductor devices in LED lighting applications, thereby boosting market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
GaN Power Semiconductor Devices Market Research Report
By Type
2 Inch, 4 Inch, 6 Inch, 8 Inch, 12 Inch
By Application
Communication, Automotive, Consumer Electronics, Defence/Aerospace, Healthcare, Industry,Power and Solar & Wind
By Companies
ALPHA & OMEGA Semiconductor, Avogy, Broadcom Limited, Cambridge Electronics, Cree, Efficient Power Conversion (EPC), EXAGAN, GaN Systems, IEPC, Infineon, ALPHA & OMEGA Semiconductor, Panasonic, POWDEC, Transphorm, VisIC
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global GaN Power Semiconductor Devices Market Report Segments:
The global GaN Power Semiconductor Devices market is segmented on the basis of:
Types
2 Inch, 4 Inch, 6 Inch, 8 Inch, 12 Inch
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
Communication, Automotive, Consumer Electronics, Defence/Aerospace, Healthcare, Industry,Power and Solar & Wind
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:
- ALPHA & OMEGA Semiconductor
- Avogy
- Broadcom Limited
- Cambridge Electronics
- Cree
- Efficient Power Conversion (EPC)
- EXAGAN
- GaN Systems
- IEPC
- Infineon
- ALPHA & OMEGA Semiconductor
- Panasonic
- POWDEC
- Transphorm
- VisIC
Highlights of The GaN Power Semiconductor Devices 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:
- 2 Inch
- 4 Inch
- 6 Inch
- 8 Inch
- 12 Inch
- By Application:
- Communication
- Automotive
- Consumer Electronics
- Defence/Aerospace
- Healthcare
- Industry,Power and Solar & Wind
- 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 Power Semiconductor Devices 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 Power Semiconductor Devices are a type of semiconductor device that uses gallium nitride as the active material. GaN devices have many advantages over other types of semiconductor devices, including high power and efficiency.
Some of the key players operating in the gan power semiconductor devices market are ALPHA & OMEGA Semiconductor, Avogy, Broadcom Limited, Cambridge Electronics, Cree, Efficient Power Conversion (EPC), EXAGAN, GaN Systems, IEPC, Infineon, ALPHA & OMEGA Semiconductor, Panasonic, POWDEC, Transphorm, VisIC.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 GaN Power Semiconductor Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 GaN Power Semiconductor Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 GaN Power Semiconductor Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the GaN Power Semiconductor Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global GaN Power Semiconductor Devices Market Size & Forecast, 2020-2028
4.5.1 GaN Power Semiconductor Devices Market Size and Y-o-Y Growth
4.5.2 GaN Power Semiconductor Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 2 Inch
5.2.2 4 Inch
5.2.3 6 Inch
5.2.4 8 Inch
5.2.5 12 Inch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Communication
6.2.2 Automotive
6.2.3 Consumer Electronics
6.2.4 Defence/Aerospace
6.2.5 Healthcare
6.2.6 Industry
6.2.7 Power and Solar & Wind
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global GaN Power Semiconductor Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 GaN Power Semiconductor Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 2 Inch
9.6.2 4 Inch
9.6.3 6 Inch
9.6.4 8 Inch
9.6.5 12 Inch
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Communication
9.10.2 Automotive
9.10.3 Consumer Electronics
9.10.4 Defence/Aerospace
9.10.5 Healthcare
9.10.6 Industry
9.10.7 Power and Solar & Wind
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 2 Inch
10.6.2 4 Inch
10.6.3 6 Inch
10.6.4 8 Inch
10.6.5 12 Inch
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Communication
10.10.2 Automotive
10.10.3 Consumer Electronics
10.10.4 Defence/Aerospace
10.10.5 Healthcare
10.10.6 Industry
10.10.7 Power and Solar & Wind
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 2 Inch
11.6.2 4 Inch
11.6.3 6 Inch
11.6.4 8 Inch
11.6.5 12 Inch
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Communication
11.10.2 Automotive
11.10.3 Consumer Electronics
11.10.4 Defence/Aerospace
11.10.5 Healthcare
11.10.6 Industry
11.10.7 Power and Solar & Wind
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 2 Inch
12.6.2 4 Inch
12.6.3 6 Inch
12.6.4 8 Inch
12.6.5 12 Inch
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Communication
12.10.2 Automotive
12.10.3 Consumer Electronics
12.10.4 Defence/Aerospace
12.10.5 Healthcare
12.10.6 Industry
12.10.7 Power and Solar & Wind
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 2 Inch
13.6.2 4 Inch
13.6.3 6 Inch
13.6.4 8 Inch
13.6.5 12 Inch
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Communication
13.10.2 Automotive
13.10.3 Consumer Electronics
13.10.4 Defence/Aerospace
13.10.5 Healthcare
13.10.6 Industry
13.10.7 Power and Solar & Wind
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 GaN Power Semiconductor Devices Market: Competitive Dashboard
14.2 Global GaN Power Semiconductor Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ALPHA & OMEGA Semiconductor
14.3.2 Avogy
14.3.3 Broadcom Limited
14.3.4 Cambridge Electronics
14.3.5 Cree
14.3.6 Efficient Power Conversion (EPC)
14.3.7 EXAGAN
14.3.8 GaN Systems
14.3.9 IEPC
14.3.10 Infineon
14.3.11 ALPHA & OMEGA Semiconductor
14.3.12 Panasonic
14.3.13 POWDEC
14.3.14 Transphorm
14.3.15 VisIC
