GaN Power Device Market

1
MarketsandMarkets Research Private Ltd.
Presents
GaN Power Device Market worth 1.9 million by
2023 with a growing CAGR of 29.1
https//www.marketsandmarkets.com/Market-Reports/g
allium-nitride-wafer-market-93870461.html
2
The report "GaN Power Device Market by Device
Type (Power, RF Power), Voltage Range,
Application (Power Drives, Supply Inverter,
RF), Vertical (Telecommunications, Consumer,
Automotive, Military, Defense, Aerospace), and
Geography - Global Forecast to 2023", is
projected to reach USD 1.9 million by 2023 at a
CAGR of 29.1 from 2017 to 2023. The increasing
adoption of GaN RF power devices in the military,
defense, and aerospace verticals and the
extensive bandgap property of GaN material are
major factors fueling the growth of this
market. Browse gtgt 70 Market
data tables 51 figures
170 pages and in-depth TOC on GaN
Power Device Market https//www.marketsandmarke
ts.com/Market-Reports/gallium-nitride-wafer-market
-93870461.html Early buyers will receive 10
customization on this report. https//www.market
sandmarkets.com/PressReleases/gallium-nitride-wafe
r.asp
3
Gallium nitride (GaN) is a viable alternative to
pure silicon in the semiconductors and
electronics field. Currently, it is used in
several above-normal voltage power applications
such as industrial systems, power distribution
systems, heavy electrical systems, turbines,
heavy machinery, and advanced industrial control
systems, among others. Adoption of GaN RF Power
Devices Anticipated to Remain High During
Forecast Period The need for high power in a
variety of bands (very high frequency, ultrahigh
frequency, and microwave) has led to the demand
for GaN devices, which can supply high watts at
RF frequencies up to 10 GHz and above. These
devices were developed initially for improvised
explosive device (IED) jammers in Iraq. However,
GaN RF power devices have emerged as the
technology of choice for all new microwave and
millimeter-wave electronic warfare. Telecommunica
tions Expected to be the Leading Vertical of the
GaN Power Device Market The telecommunications
vertical is expected to lead the GaN power device
market during the forecast period. Earlier,
silicon was used primarily for wired
communication. However, with technological
advancements, wide bandgap semiconductor
materials are being used for wired communication.
GaN power devices offer advanced power switching
and conversion, which increases transmission
rates for wired communication devices.
https//www.marketsandmarkets.com/Market-Reports/g
allium-nitride-wafer-market-93870461.html
4
Asia Pacific Projected to be a Leading Revenue
Generator of the GaN Power Device Market Asia
Pacific is anticipated to be the major market for
GaN power device during the forecast period. The
increasing demand for GaN power devices across
numerous verticals such as military, aerospace,
defense, computing, telecommunications, and
automotive in emerging economies such as China,
India, Japan, and others is fueling the growth of
the market in this region. GaN power devices are
gradually replacing silicon in these verticals.
Additionally, there is the presence of major
players in this region such as Sumitomo Electric
Industries, Ltd. (Japan), Mitsubishi Electric
Corporation (Japan), and Panasonic Corporation
(Japan), and Toshiba Electronic Devices Storage
Corporation (Japan). The presence of these
players will offer growth opportunities to the
GaN power market in Asia Pacific. Microsemi
Corporation (Microsemi) (US), Analog Devices,
Inc. (Analog Devices) (US), Cree, Inc. (Cree)
(US), Qorvo, Inc. (Qorvo) (US), MACOM Technology
Solutions Holdings, Inc. (MACOM Technology) (US),
Efficient Power Conversion Corporation (Efficient
Power Conversion) (US), Integra Technologies,
Inc. (Integra) (US), Transphorm Inc. (Transphorm)
(US), Navitas Semiconductor Inc. (Navitas
Semiconductor) (US), and Texas Instruments
Incorporated (Texas Instruments) (US), among
others, are some of the other major players in
the GaN power device market.
https//www.marketsandmarkets.com/PressReleases/g
allium-nitride-wafer.asp
5
About MarketsandMarkets
Research Private Ltd.
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
MarketsandMarkets now coming up with 1,500
MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators,
strategic players) annually in high growth
emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.
https//www.marketsandmarkets.com/Market-Reports/g
allium-nitride-wafer-market-93870461.html
6
Contact Us
Mr. Shelly Singh 630 Dundee Road Suite 430
Northbrook, IL 60062 Tel [phone]Email 
newsletter_at_marketsandmarkets.com MarketsandMarket
s Bloghttp//twitter.com/marketsmarkets
http//www.linkedin.com/company/marketsandmarkets