Global Gallium Nitride Semiconductor Device Market Growth 2023-2029

Global Gallium Nitride Semiconductor Device Market Growth 2023-2029

The major factors driving the growth of the gallium nitride semiconductor device industry include the vast addressable market for gallium nitride in consumer electronics and automotive, wide bandgap property of gallium nitride material encouraging innovative applications, success of gallium nitride in RF power electronics.

LPI (LP Information)' newest research report, the “Gallium Nitride Semiconductor Device Industry Forecast” looks at past sales and reviews total world Gallium Nitride Semiconductor Device sales in 2022, providing a comprehensive analysis by region and market sector of projected Gallium Nitride Semiconductor Device sales for 2023 through 2029. With Gallium Nitride Semiconductor Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gallium Nitride Semiconductor Device industry.

This Insight Report provides a comprehensive analysis of the global Gallium Nitride Semiconductor Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gallium Nitride Semiconductor Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gallium Nitride Semiconductor Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gallium Nitride Semiconductor Device and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gallium Nitride Semiconductor Device.

The global Gallium Nitride Semiconductor Device market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Power drives market is expected to witness a significant growth between 2017 and 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Gallium Nitride Semiconductor Device market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
OPTO-Semiconductor Devices
GaN Radio Frequency Devices
Power Semiconductors Devices

Segmentation by application
Automotive
Consumer Electronics
Defense & Aerospace
Information & Communication Technology
Industrial & Power
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cree
Infineon
Qorvo
Macom
Microchip Technology
Mitsubishi Electric
Efficient Power Conversion
Gan Systems
Nichia
Epistar
Exagan
Visic Technologies.
Integra Technologies.
Transphorm
Navitas Semiconductor
Samsung
Analog Devices
Panasonic
Texas Instruments

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gallium Nitride Semiconductor Device market?

What factors are driving Gallium Nitride Semiconductor Device market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gallium Nitride Semiconductor Device market opportunities vary by end market size?

How does Gallium Nitride Semiconductor Device break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.