Press release
Power GaN Market - Industry Insights by Growth, Emerging Trends and Forecast By 2028
Power GaN Market: Key TrendsAt present, power GaN market is driven by RF power devices. These devices are widely used in consumer and enterprise, high-efficiency power supply applications, telecommunications, automotive, aerospace, military, and defense.
Growing production of electric vehicles and EV charging coupled with increasing renewable energy generation are major factors anticipated to drive power GaN market in coming years.
View Report @ https://www.transparencymarketresearch.com/Power-GaN-Market.html
Further, rising demand for high performance and energy-efficient motors is fuelling demand for GaN devices. These motors have integrated GaN devices to regulate high voltage (above 400 V).
Moving forward, telecommunication service providers are aiming to provide network with lower latency, ubiquitous connectivity, and higher capacity. This way current network will be improvised in terms of data rates, energy efficiency, traffic capacity, and latency.
Hence, GaN will be used in distributed antenna systems (DAS), small cell, and remote radio head network densification.
Widening application range of GaN in several industries is likely to propel power GaN market during forecast period.
Power GaN Market: Overview
Gallium Nitride (GaN) is an emerging technology in field of semiconductors. The wide band gap feature distinguishes GaN semiconductor from silicon carbide (SiC) and gallium arsenide (GaAS) semiconductors.
The semiconductor is gaining traction rapidly because of its high efficiency, size, thermal performance, and weight. It is expected to be the next generation semiconductor for purpose of power generation. With regard to aforementioned features, the semiconductor is widely being implicated in various technologies such as telecommunications and electric vehicles.
Want to know the obstructions to your company's growth in future? Request a Sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=15569
GaN-based products have high operational efficiency, better design, smaller size, and cost-effectiveness. Thus, companies are widely using GaN semiconductors in their product.
The upcoming report on power GaN market is a comprehensive study of its drivers and trends that will contribute to growth of the power GaN market between 2019 and 2028. The report has emphasized on segments that are likely to contribute significantly to growth of the market. Also, regional growth is covered in the report.
Power GaN Market: Notable Development
Gallium Nitride (GaN) market is anticipated to grow tremendously in following years. The growth rate is attributed to its wide application range in photovoltaic (PV) inverters, hybrid and electric vehicles, and in power supplies source.
As per IHS Inc., a global source of critical information and insight, revenue from SiC and GaN power semiconductors is likely to show considerable growth in coming years. Also, market revenue is projected to rise at double digit growth rate annually in following decade.
Looking For Regional Analysis or Competitive Landscape in This Market, Ask For A Customized Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=15569
With increasing demand for wide bandgap semiconductors, GaN is anticipated to gain significant consumer traction. It provides similar benefits as that of SiC semiconductors, but at reduced cost. Hence, GaN semiconductor will be widely adopted in power transistors.
About Transparency Market Research
Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers market analysis reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit our YouTube channel -
https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact Us:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Power GaN Market - Industry Insights by Growth, Emerging Trends and Forecast By 2028 here
News-ID: 2762745 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for GaN
Global Gallium Nitride (Gan) Substrates Market COVID-19 Updated Analysis By Prod …
Gallium Nitride (Gan) Substrates Industry Overview - Competitive Analysis, Regional and Global Analysis, Segment Analysis, Market Forecasts 2026
An updated report on the global Gallium Nitride (Gan) Substrates market is published by the Market Research Store. The report study gives you each and every detail about the Gallium Nitride (Gan) Substrates market. It helps you to understand the Gallium Nitride (Gan) Substrates market in a comprehensive way. Some of the industry…
GaN Power Device Market by Device (GaN Power Discrete Devices, GaN Power ICs, Ga …
According to a new report published by Allied Market Research, titled;"GaN Power Devices Market: Global Opportunity Analysis and Industry Forecast, 2014 - 2022," the global GaN power devices market was valued at $16 million in 2015, and is projected to reach $273 million by 2022, growing at a CAGR of 49.8% from 2016 to 2022. The GaN power modules segment contributed over 45% of the share among other GaN power…
GaN Power Device Market by Device (GaN Power Discrete Devices, GaN Power ICs, Ga …
At present, North America and Europe combined together lead the GaN power device market and are expected to maintain dominance over the next few years as well. Moreover, the increase in investment from the Europe Space Agency (ESA) on GaN power devices for several space projects and increase in the usage of GaN-based transistors in the defense operations in North America will help the GaN power devices market gain traction…
GaN RF Devices Market: GAN Systems, Infineon Technologies, NXP Semiconductors, T …
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global GaN RF Devices Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
This report studies the global GaN RF Devices market status and forecast, categorizes the global GaN RF Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South…
Global GaN Power Device Market 2017 - Qorvo, Inc, Cree Incorporated, GaN Systems …
Apex Market Reports, recently published a detailed market research study focused on the "GaN Power Device Market" across the global, regional and country level. The report provides 360° analysis of "GaN Power Device Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global GaN Power Device industry, and estimates the future trend of…
Global GaN Industrial Devices Market 2017 - Fujitsu, Toshiba, Panasonic, GaN Sys …
The report studies GaN Industrial Devices in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022
The study Global GaN Industrial Devices Industry 2017 is a detailed report scrutinizing statistical data related to the Global GaN Industrial Devices industry. Historical data available in the report elaborates on the development of the…
