Gallium Nitride Semiconductor Devices Market Size 2023: Global Share, Industry And Report Analysis By 2031 | Mitsubishi Chemical Corp NexGen Power Systems, Inc.NTT Advanced Technology Corp.

Gallium Nitride Semiconductor Device Market is expected to grow at a considerable rate during the forecast period 2019-2025. Gallium nitride is emerging as a substitute for silicon in various semiconductor devices. Due to its high electron mobility than silicon, gallium nitride is growing the applications. gallium nitride is preferred for high RF (Radio Frequency) devices being used for long-distance transmission of signals. gallium nitride also possesses high thermal dissipation characteristics as compared to conventional SiC (Silicon carbide). With technological advantages, gallium nitride is penetrating in RF semiconductor devices rapidly. Application of semiconductors in various electronic devices is augmenting the growth rate for global gallium nitride semiconductor device market. The rapidly growing use of electronic devices in emerging economies and a steep surge in the electronic industry, development of HEV (Hybrid Electric Vehicles) are some of the major factors contributing significantly in the gallium nitride semiconductor device market. With the technological advancement in communication and medical devices, the market is estimated to generate a huge number of opportunities during the forecast period.

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Among the several applications, gallium nitride

semiconductor device market is segmented on the basis of device type into LED, transistor, and nanotubes. Due to the wide range of applications of LED in consumer electronics, the LED segment contributes a significant share to the market. Transistor segment is the fastest emerging. On the basis of end-user, gallium nitride semiconductor device market is bifurcated into automotive, consumer electronics, defense & military equipment, medical devices, and others. Consumer electronics segment is the largest shareholder in the market due to widespread and continuously growing applications of consumer electronic products.

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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Gallium Nitride Semiconductor Devices Market by End-User
o Automotive
o Consumer Electronics
o Defense & Military Equipment
o Medical Devices
o Others

Global Gallium Nitride Semiconductor Devices Market by Device Type
o LED
o Transistors
o Nanotubes

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Aixtron SE
o ALLOS Semiconductors GmbH
o Cree, Inc.
o Efficient Power Conversion Corp.
o EpiGaN nv
o Everlight Electronics Co. Ltd.
o Fujitsu Ltd.
o GaN Systems, Inc.
o Infineon Technologies AG
o IQE PLC
o MERSEN S.A.
o Mitsubishi Chemical Corp.
o NexGen Power Systems, Inc.
o NTT Advanced Technology Corp.
o NXP Semiconductors N.V.
o Qorvo, Inc.
o Renesas Electronics Corp.
o Texas Instruments, Inc.
o Toshiba Corp.
o Transphorm, Inc.

The Report Covers
• Comprehensive research methodology of the global gallium nitride semiconductor device market
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global gallium nitride semiconductor device market.
• Insights about market determinants which are stimulating the global gallium nitride semiconductor device market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.

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