Global GaN Semiconductor Devices Market 2022-2028

Global GaN Semiconductor Devices Market 2022-2028

Gallium nitride (GaN) is a material that can be used in the production of semiconductor power devices. It is a displacement technology for silicon semiconductors in power conversion due to it reducing weight, size and cost while increasing energy efficiency. The global GaN semiconductor devices market was estimated at USD 774 million in 2021 and is expected to hit USD 2,201 million by 2028, registering a CAGR of 16.1% from 2022 to 2028 as per the latest report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global GaN semiconductor devices market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the GaN semiconductor devices industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for GaN semiconductor devices can be segmented by product: opto semiconductors, power semiconductors, RF semiconductors. GaN semiconductor devices market is further segmented by end user: aerospace & defense, automotive, consumer electronics, healthcare, information & communication, others. Based on region, the GaN semiconductor devices market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).

By product:

• opto semiconductors
• power semiconductors
• RF semiconductors

By end user:

• aerospace & defense
• automotive
• consumer electronics
• healthcare
• information & communication
• others

By region:

• North America
• Asia Pacific
• Europe
• Rest of the World (ROW)

The market research report covers the analysis of key stake holders of the global GaN semiconductor devices market. Some of the leading players profiled in the report include Bridgelux, Inc., Cree, Inc., Efficient Power Conversion Corporation (EPC), Fujitsu Limited, GaN Systems Inc., Infineon Technologies AG, Navitas Semiconductor Limited, NexGen Power Systems, Inc., Nichia Corporation, NXP Semiconductors NV, Osram Opto Semiconductors GmbH, Qorvo, Inc., Texas Instruments Incorporated, Toshiba Corporation, Toyoda Gosei Co., Ltd., among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global GaN semiconductor devices market.
• To classify and forecast the global GaN semiconductor devices market based on product, end user, region.
• To identify drivers and challenges for the global GaN semiconductor devices market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global GaN semiconductor devices market.
• To identify and analyze the profile of leading players operating in the global GaN semiconductor devices market.

Why Choose This Report

• Gain a reliable outlook of the global GaN semiconductor devices market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.