Gallium Nitride (GaN) Semiconductor Devices Market By Product (Opto-semiconductors, GaN Radio Frequency Devices, Power Semiconductors), Wafer Size (2 inch, 4 inch, 6 inch, 8 inch) and Application (Consumer Electronics, Healthcare, Industrial & Power, Automotive, Defense & Aerospace, Information & Communication Technology, Others) Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
The Gallium Nitride (GaN) Semiconductor Devices Market has grown with a significant rate in the recent years while it can be easily predicted to grow even more over the years till 2025. The market is anticipated to encounter substantial development throughout the following years, inferable from the quickening interest for power electronics that devour less power and are vitality effective. GaN-based semiconductors have dynamic electrical and concoction properties, for example, high-voltage breakdown and immersion speed that settle on them the fitting decision for use in an assortment of switching devices.
By product, the opto-semiconductors product segment accounted for a significant market in 2016 share and is foreseen to encounter substantial development over the upcoming years. Based on wafer size, the 4-inch segment ruled the market in 2016 and was estimated at USD 381.9 million. This is credited to the fact that 4 inch wafers have a bigger size and are useful production on a large scale. On the basis of application, the information & communication technology application section ruled the market in 2016 and was estimated at USD 229.2 million.
The Asia Pacific regional market is foreseen to develop as the fastest developing region over the upcoming years, owing to quick technological progressions.
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
GaN Systems, Inc
Texas Instruments Incorporated
NexGen Power Systems, Inc
Efficient Power Conversion Corporation, Inc
NXP Semiconductor N.V
Infineon Technologies AG
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?