2019-2024 GaN Semiconductor Device Market Comprehensive Outlook by Leading Players, Development Status, Source of Power, Estimated CAGR, and Forecast

GaN Semiconductor Device

GaN Semiconductor Device Market delivers up-to-date information about market changes and prospective threats, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. Moreover, it focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

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GaN Semiconductor Device Market Include the Following Manufacturers Based on GaN Semiconductor Device Sales, Revenue, Price and Gross Margin.

  • Toshiba Corporation
  • Panasonic Corporation
  • Cree Inc.
  • GaN Systems Inc.
  • Infineon Technologies AG
  • OSRAM GmbH
  • Efficient Power Conversion Corporation
  • NXP Semiconductors NV
  • Texas Instruments
  • NTT Advanced Technology Corporation

    GaN Semiconductor Device Market Overview:

  • The GaN semiconductor device market valued at USD 833.73 million in 2018, and is expected to reach USD 2162.45 million by 2024, registering a CAGR of 17.21% over the forecast period of 2019-2024. Growing demand for radio frequency in the semiconductor market, and a prospering consumer electronics industry, particularly in LED-based lighting and displays and rise in electric vehicles, power delivery, and photovoltaic inverters are some of the major market driving factors for the GaN semiconductor devices market.
  • – The various benefits of GaN such as its cost effective nature and elimination of cooling requirements have propelled its reach as compared to its contemporaries like silicon and gallium arsenide. The increasing adoption is also reinforced by the increase in demand for energy-efficient semiconductor devices in the recent years.
  • – Increasing demand for smartphones, gaming devices, laptops, and TVs is expected to drive the GaN semiconductor devices market in the consumer electronics sector.
  • – With the introduction of the 5G standard, there is an increase in demand for high-power transistors and base stations, which is augmenting the demand for GaN power semiconductors in the ICT segment.

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    Scope of the Report:

  • GaN is an emerging technology that shows promise to replace silicon MOSFETs. The various devices considered in the market studied are transistors, diodes, rectifier and diodes. The several end-user industries covered in the report are automotive, consumer electronics, aerospace and defense, medical and information & communication technology.

    GaN Semiconductor Device market covers the outlook for overall market status, size and share. The report provides complete coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. GaN Semiconductor Device market report also presents the market competition landscape and a corresponding detailed analysis of the major vendor in the market. 

    Most Important Types of GaN Semiconductor Device Market:

    • Type 1
    • Type 2

    Most Important Applications of GaN Semiconductor Device Market:

    • Application 1
    • Application 2

    Research objectives of GaN Semiconductor Device Market Report are:

    • To analyze the GaN Semiconductor Device market consumption by key regions, product type and application.
    • To understand the structure of GaN Semiconductor Device market by identifying its various sub segments.
    • Focuses on the GaN Semiconductor Device manufacturers, to analyze the sales volume, value, market share, market competition landscape, and development plans during forecast year.
    • To analyze the GaN Semiconductor Device with respect to individual growth trends, future prospects, and their contribution to the market.
    • To share detailed information about the key features influencing the growth of the market.
    • To measure the consumption of GaN Semiconductor Device submarkets, with respect to key regions (along with their respective key countries).
    • To analyze competitive growths such as expansions, agreements, new product launches, and acquisitions in the market.
    • To analyze the key players and comprehensively analyze their growth strategies.

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