Gallium Nitride Market Analysis, Key Growth Drivers, Challenges, Leading Key Players Review, Demand and Upcoming Trend by Forecast to 2023

1
(No Transcript)
2
Gallium Nitride Market Research Report- Forecast
to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
REQUEST SAMPLE
VIEW REPORTS
3
Gallium Nitride Market - 2023
Global Gallium Nitride Market
Information By Type (P-Type And N-Type), End-Use
Industry (Automotive, Consumer Electronics,
Healthcare, And Others), And Region Gallium
nitride (GaN) is a crystalline material, used in
the production of semiconductors, radio frequency
(RF) components, and light emitting devices
(LEDs). It exhibits various properties such as
high thermal and heat capacity. The properties of
high breakdown voltage, low conduction
resistance, large electric field, and high-speed
switching add advantage to the selection of GaN
over Si conductors. It has a wide band gap, which
is highly recommended for optoelectronic, high
frequency, and high-speed devices. It is used for
power amplifiers manufacturing in microwave
frequencies due to its capacity to operate at a
high temperature and voltage. Furthermore, they
have a considerable stability in radiation
environment, which benefits the space and
military applications. Moreover, GaN transistors
offer favorable characteristics to terahertz
(THz) devices. The production cost of GaN-based
devices is much lower than the traditional
silicon-based devices. Additionally, the
above-mentioned properties combined with low cost
of production, increases the demand for GaN
devices in the market. Unlike silicon devices
which have larger chips, the smaller sizes of GaN
devices favors the market growth. The end-user
industries such as automotive, defense and
aerospace, and healthcare contribute to the
growth of the global GaN market. Technological
advancements and increase in the bandwidth
requirement by electronic device users are
anticipated to drive the market growth over the
forecast period. In the growing era of
technology, GaN-based electronics boost up the
power output of electric cars, making them
lightweight, energy efficient, cheaper and
capable of driving a long distance. It is a
suitable material for solar cell array used in
satellites owing to the low sensitivity to ion
radiation. It is highly used in medical equipment
and tools such as sonograms and MRI and surgical
procedures like colonoscopy.
4
Gallium Nitride Market - 2023
Regional Analysis The gallium nitride market is
segmented into five key regions Asia Pacific,
Europe, Latin America, North America, and the
Middle East Africa. North America is leading
the global GaN market followed by Europe and rest
of the world. Countries like the U.S. and Canada
contribute majorly to the market growth owing to
the fast-paced and sophisticated lifestyle. The
increasing demand for LEDs in consumer goods such
as television, computers, laptops, and gaming
devices has propelled the market growth to some
extent. Europe is also expected to witness the
strong market growth of GaN devices in the
forecast period. GaN is identified as key
enabling technology by the European Space Agency
(ESA) for space and founded GREAT2 (GaN
reliability enhancement and technology transfer)
for technological innovations. Asia Pacific is
expected to emerge as the fastest growing market
for gallium nitride due to the growing demand for
efficient, high performance, cheap RF
electronics, and availability of raw material
suppliers. Segmentation Based on the type, the
market is further segmented into p-type and
n-type. The end use industry is segregated into
automotive, consumer electronics, defense and
aerospace, healthcare, information and
communication technology, and others. Geographica
lly, the market is segmented into Asia Pacific,
Europe, Latin America, North America, and the
Middle East Africa.
5
Gallium Nitride Market - 2023
Key Players Some of the prominent players in the
global GaN market are Cree Inc. (the U.S), GaN
systems (Canada), FUJITSU (Japan), Efficient
Power Conversion Corporation (the U.S), IQE plc
(U.K), Koninklijke Philips N.V. (the
Netherlands), Infineon Technologies Ag (Germany),
Mitsubishi Chemical Corporation (Japan), ON
Semiconductor (the U.S), Taiwan Semiconductor
Manufacturing Company (Taiwan), Panasonic
Corporation (Japan), Texas Instruments
Incorporated (the U.S), TOSHIBA CORPORATION
(Japan), VisIC (Israel), and Nippon Telegraph and
Telephone Corporation (Japan). Intended
Audience Gallium nitride Manufacturers Traders
and distributors of gallium nitride Research and
development institutes Potential investors Raw
material suppliers Nationalized laboratory
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
(No Transcript)