Global Gallium Nitride Device Market Size, Share, Opportunities, And Trends By Wafer Size (2 inch, 4 inch, 6 inch, More than 6 inch), By Type of Device (Power Semiconductor Device, RF Semiconductor Device, Opto-Semiconductor Device), By Application (Radio Frequency, Power Drives, Lighting and Laser, Light Detection and Ranging), By Industry (Consumer Electronics, Telecommunication, Renewable, Automotive, Defense, Others), And By Geography - Forecasts From 2025 to 2030
- Published : Nov 2024
- Report Code : KSI061612651
- Pages : 140
The gallium nitride device market is projected to grow at a CAGR of 4.02% between 2025 to 2030.
Gallium Nitride, commonly known as GaN is used in the development of semiconductor devices. GaN is a rigorous however mechanically stable wide bandgap semiconductor having higher breakdown strength and faster switching speed. Its higher thermal conductivity and low resistance make it an ideal semiconductor for electronics and other devices. By creating a GaN epilayer on a silicon surface, silicon manufacturer can reduce their manufacturing cost by removing the need for specialization with the existing manufacturing infrastructure. This layer also enables the production of larger silicon wafers at a lower cost. Furthermore, it has been observed that the power devices based on GaN technology outperform those based on silicon at a noteworthy rate. Hence, owing to its better performance, GaN is gaining more popularity as a semiconductor.
The prime reason driving the market growth is the booming demand for consumer electronics and telecommunication services. Increased disposable income is anticipated to increase the demand for consumer electronics. Furthermore, technological advancement has significantly increased the demand for telecommunication services which is projected to drive market growth. A report published by Cisco predicts that IP traffic will increase at a quadruple rate, reaching 4.8 Zettabytes per year in 2022 from 1.5 Zettabytes per year in 2017. Furthermore, to accommodate booming demand, the wireless industry plans to establish 5G networking, from 4G and is projected to increase the industry demand for GaN during the forecasted period.
An increase in consumer electronics and a surge in the adoption of renewable energy are anticipated to drive the market size of the global gallium nitride industry during the forecasted period.
By end-users, the global gallium nitride market is segmented into consumer electronics, telecommunication, renewable energy, automotive, defense, and others. The Consumer Electronics, telecommunication, and renewable energy segment of the market are predicted to hold a dominating share in the global industry during the forecasted period. Rising internet penetration and growing demand for technologically advanced services will drive the segment growth of the telecommunication sector. The rising penetration of the 4G network and growing development of 5G networking for enhanced communication is projected to derive GaN demand by the sector.
Moreover, with the outbreak of coronavirus and the adoption of work from home culture, the demand for wireless communication services surged to an exponential level. Containment measures implemented by the government included the physical shutdown of many institutions, which then opted for virtual platforms to continue operations. Hence, the demand for wireless networking surged to a significant level which increased the demand for telecommunication service and hence of GaN market.
Growing disposable income and a rise in technology penetration increased the demand for consumer electronics, particularly in the Asia Pacific region. Smart devices, in particular, saw a surge in users with increasing penetration and a rise in users. The number of smartphones users in 2021, is 3.8 billion, or 48.3% of the global population, as per data provided by bankmycell.com. The number of mobile phones users, on the other hand, stood at 4.88 billion, or 62.07% of the global population. In total, there are 5.28 billion people who own mobile devices. Growing penetration of smart devices is expected to drive the market growth of the gallium nitride industry at a quadruple rate during the forecasted period. Technological innovation in the sector is expected to open new growth opportunities for the GaN market.
The Asia Pacific GaN market is projected to show lucrative growth during the study period. with industrialization, consumer electronics manufacturing companies are mushrooming in the region owing to low labor costs, high production potential, and easy outsourcing policies. Furthermore, increased disposable income has surged the demand for smart devices along with other consumer electronics which also supports the market growth.
The booming renewable energy sector will also play a significant role in the development of the market. Growing energy and power demand coupled with a rising human carbon footprint on the surface of the Earth have increased the preferability for the development of renewable energy. To meet the demand, the government is implementing new energy projects. The TuNur Project in Sahar Desert was sanctioned in 2021 and is estimated to install 2,250 MW solar CSP, having the capacity to generate 9.400 GWh of renewable energy. Pecan Prairie Solar Project in Texas sanctioned in 2020, will generate 13.310 MW of capacity and supply energy to 50,000 homes. Growth on both offshore and onshore solar power plants is expected to provide robust growth potential for the global gallium nitride market.
Key Development
- December 2020. Outsourcing. Epistar signed an agreement with TSMC to undertake outsourced production of GaN on Si. The shipment is agreed to begin in the second quarter of 2021.
Key Market Segments
- By Wafer Size
- 2 inch
- 4 inch
- 6 inch
- More than 6 inch
- By Type of Device
- Power Semiconductor Device
- RF Semiconductor Device
- Opto-Semiconductor Device
- By Application
- Radio Frequency
- Power Drives
- Lightning and Laser
- Light Detection and Ranging
- By Industry
- Consumer Electronics
- Telecommunication
- Renewable
- Automotive
- Defense
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Thailand
- Taiwan
- Indonesia
- Others
- North America
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The Threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis
5. Global Gallium Nitride Device Market, by Wafer Size
5.1. Introduction
5.2. 2 inch
5.3. 4 inch
5.4. 6 inch
5.5. More than 6 inch
6. Global Gallium Nitride Device Market, by Type of Device
6.1. Introduction
6.2. Power Semiconductor Device
6.3. RF Semiconductor Device
6.4. Opto-Semiconductor Device
7. Global Gallium Nitride Device Market, by Application
7.1. Introduction
7.2. Radio Frequency
7.3. Power Drives
7.4. Lightning and Laser
7.5. Light Detection and Ranging
8. Global Gallium Nitride Device Market, by Industry
8.1. Introduction
8.2. Consumer Electronics
8.3. Telecommunication
8.4. Renewable
8.5. Automotive
8.6. Defense
8.7. Others
9. Global Gallium Nitride Device Market, by Geography
9.1. Introduction
9.2. North America
9.2.1. United States
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. Germany
9.4.2. France
9.4.3. United Kingdom
9.4.4. Spain
9.4.5. Others
9.5. The Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. UAE
9.5.3. Israel
9.5.4. Others
9.6. Asia Pacific
9.6.1. China
9.6.2. India
9.6.3. South Korea
9.6.4. Taiwan
9.6.5. Thailand
9.6.6. Indonesia
9.6.7. Japan
9.6.8. Others
10. Competitive Environment and Analysis
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrative
10.3. Mergers, Acquisition, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. Company Profiles
11.1. Ifineon Technologies AG
11.2. Dialog Semiconductor
11.3. Woflspreed (Cree)
11.4. Qorvo, Inc
11.5. Northrop Grumman
11.6. Texas Instruments
11.7. Sumitomo Electric Industries Ltd.
11.8. GaN System
11.9. MACOM
11.10. Mitsubishi Electric Corporation
11.11. Epistar
Ifineon Technologies AG
Dialog Semiconductor
Woflspreed (Cree)
Qorvo, Inc
Texas Instruments
Sumitomo Electric Industries Ltd.
GaN System
MACOM
Mitsubishi Electric Corporation
Epistar
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