Title: Gallium Nitride (GaN) Substrates Market - Forecast(2021 - 2026)
1Gallium Nitride (GaN) Substrates MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- The global Gallium Nitride (GaN) substrate Market
is estimated to surpass 5.18 billion mark by
2023 growing at an estimated CAGR of more than
8.95 during 2018 to 2023. - The market is majorly driven by two important
characteristics i.e. higher switching capacity
and high-temperature tolerance. In addition, wide
bandgap substrates are emerging as a suitable
replacement for conventional substrates because
of its capability to enable small devices with
higher performance efficiency. The wide bandgap
substrate not only improves the performance but
also saves energy and cut down the losses.
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- Key Takeaways
- Evaluate market potential through analyzing
growth rates (CAGR ), Volume (Units) and Value
(M) data given at country level for product
types, end use applications and by different
industry verticals. - Understand the different dynamics influencing the
market key driving factors, challenges and
hidden opportunities. - Get in-depth insights on your competitor
performance market shares, strategies,
financial benchmarking, product benchmarking,
SWOT and more.
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What is Gallium Nitride and Gallium Nitride
Substrates? GaN is wide bandgap material or
banding material which possesses remarkable
advantages over other semiconductor material such
as Silicon, Silicon Carbide, Aluminum, and
others. The nitride devices such as light
emitters, transistors, diodes are largely
dependent on the hetero-epitaxial growth of GaN
on foreign substrates such as Silicon, Silicon
Carbide and Sapphire. A large part of GaN
substrate market comprises of substrates and is
moving towards adopting bulk GaN substrates.
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- Gallium Nitride (GaN) Substrates Market Industry
Outlook - Cree Inc.,
- Kyocera Corporation,
- MonoCrystal,
- Sumco Corp,
- Sumitomo Electric Industries, Ltd,
- Hitachi Metals Ltd,
- Mitsubishi Chemical Corporation
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Gallium Nitride Substrates Market -
Forecast(2021 - 2026) Learn More About the
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4/GaN-substrates-market-research-report.html
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