Global GaN Devices Market Taking Center Stage in 2023 to 2030 | Koninklijke Philips, Texas Instruments, EPIGAN

Infinity Business Insights shared a report on " GaN Devices Market" which provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. This report will help the viewer in Better Decision Making.

With a compound annual growth rate (CAGR) of about 9.76% between 2023 and 2030, the Market for GaN Devices is expected to be worth USD 6.51 billion by 2030. It was previously forecast to be worth USD 4.82 billion in 2023. A substance that is frequently used to create transistors and other electrical devices is called GaN (gallium nitride). The ability of GaN devices to function at high speeds and voltages is known as their high electron mobility. Additionally, they have a high degree of thermal stability, which qualifies them for usage in high-power applications. GaN transistors, GaN-on-silicon carbide (GaN-on-SiC) devices, and GaN-on-sapphire (GaN-on-SAPIC) devices are a few types of GaN devices. Radio frequency (RF) amplifiers, power amplifiers, and switches are just a few of the many uses for GaN devices.

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The Key companies profiled in the GaN Devices Market:

The study examines the GaN Devices Market's competitive landscape and includes data Fujitsu, Toshiba, Koninklijke Philips, Texas Instruments, EPIGAN, NTT Advanced Technology, RF Micro Devices, Cree Incorporated, Avago Technologies, GaN Systems, Infineon Technologies, OSRAM Opto Semiconductors, Qorvo, Aixtron, Nichia, NXP Semiconductors, Panasonic Semiconductors, International Quantum Epitaxy (IQE), Mitsubishi Chemical, AZZURO Semiconductors & Others

Global GaN Devices Market Split by Product Type and Applications

This report segments the GaN Devices market on the basis of Types:
Power Semiconductor
Opto Semiconductor
Other

On the basis of Application, the GaN Devices market is segmented into:
Consumer Electronics
Automotive & Transportation
Industrial Use
Aerospace and Defense
Other

Due to the unique characteristics of the material, such as its high electron mobility and great thermal stability, the market for GaN devices has experienced substantial growth in recent years. The growing usage of GaN-on-SiC and GaN-on-sapphire devices in high-power applications including RF amplifiers and power amplifiers is a significant market development. The wireless communications sector's increasing use of GaN devices, which operate at higher frequencies and with less power than conventional silicon-based devices, is another recent trend.

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The Asia Pacific region is anticipated to dominate the market due to the significant demand for GaN devices in nations like China, Japan, and South Korea. GaN devices' expanding use in the automotive and consumer electronics sectors is also anticipated to fuel market expansion. As GaN devices are utilised by more industries, growth in the market is anticipated in other regions, including North America and Europe. The market for GaN devices is anticipated to grow rapidly over the next few years, with Asia Pacific set to lead the way.

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Market Segmentation:
GaN Devices Market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Due to its special qualities, including rapid electron mobility and excellent thermal stability, GaN (gallium nitride) has seen a substantial increase in application in the electronics and semiconductors industries in recent years. GaN is being utilised more frequently in high-performance applications that demand high power and frequency, such as switches, RF and power amplifiers. GaN devices can increase these applications' efficiency, power density, and dependability. The market for GaN devices is expanding as a result of rising demand for electric vehicles, data centres, and wireless communications. Future market expansion is also anticipated to be supported by the creation of fresh and cutting-edge GaN-based products and technology.

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5. It helps in settling on educated business choices by having total bits of knowledge of market and by making inside and out investigation of market sections.

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The years examined in this study are the following to estimate the GaN Devices market size:
History Year: 2017-2021
Base Year: 2022
Estimated Year: 2023
Forecast Year: 2023 to 2030

FAQs:
1. Who are the key players in this Market?
2. At what CAGR is the market projected to grow during the forecast period?
3. What are the key contributing factors to the market growth?
4. What are the key players operating in the Middle East & Africa?
5. Who are the prominent manufacturers in this market?
6. Are discounts available?

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Table of Contents:
1 GaN Devices market Overview
2 Company Profiles
3 GaN Devices market Competition, by Players
4 GaN Devices market Size Segment by Type
5 GaN Devices market Size Segment by Application
6 North America by Country, by Type, and by Application
7 Europe by Country, by Type, and by Application
8 Asia-Pacific by Region, by Type, and by Application
9 South America by Country, by Type, and by Application
10 Middle East & Africa by Country, by Type, and by Application
11 Research Findings and Conclusion
12 Appendix...

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