Gallium Nitride Market Analysis By Market Key Player, Product Application & Geography

Author: Mangesh Mahajan

"Market Research Future Published a Half-Cooked Research Report on Gallium Nitride Market Research Report – Forecast Till 2023"

Market Overview

Gallium Nitride is majorly used in the production of semiconductors, LEDs, and RF devices. GaN is widely accepted as green technology across most of the industries due to the properties such as high thermal stability, low power consumption, temperature resistance, and high voltage breakdown. Additionally, the GaN devices are smaller in sizes and lighter in weight, which further drives the market growth. The unique properties of GaN and its low cost over silicon have been the major driver of the global market and is expected to continue growing in the near future.

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The major applications of GaN devices in the end-user industries such as automotive, consumer electronics, defense and aerospace, and others are the drivers of the market growth. However, the demand for the lightweight automotive with improved efficiency consumes a significant amount of GaN. Furthermore, the consumer electronics industries favor the market growth due to the increased use of GaN in smartphones, laptops, television, and others. GaN LEDs are a threat to conventional lights owing to their power efficiency, energy consumption, luminosity coupled with environmental concerns. However, limited availability of gallium nitride may hinder the market growth during the review period 2017-2023.

Segmentation

The Global Gallium Nitride Market is segmented into type, end-user, and region. On the basis of the type, the market is further segmented into p-type and n-type. On the basis of the region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players

  • Cree Inc.
  • GaN systems
  • FUJITSU
  • Infineon Technologies Ag
  • Mitsubishi Chemical Corporation
  • ON Semiconductor
  • Taiwan Semiconductor Manufacturing Company
  • Efficient Power Conversion Corporation
  • IQE plc
  • Koninklijke Philips N.V.
  • Panasonic Corporation
  • Texas Instruments Incorporated
  • TOSHIBA CORPORATION
  • VisIC and Nippon Telegraph
  • Telephone Corporation

Browse key industry insights spread across 100 pages with 23 market data tables and 08 figures & charts from the report, "Linear Alkyl Benzene Market Information: By Type (P-Type And N-Type), End Use Industry (Automotive, Consumer Electronics, Healthcare, And Others), And Region – Forecast Till 2023" in detail along with the table of contents: https://www.marketresearchfuture.com/reports/gallium-nitride-market-5605

Regional Analysis

The Global Gallium Nitride Market is spanned across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is the leading contributor to the global gallium nitride market due to the growing demand for GaN-based devices from military and defense. North America accounts for about 30% share of the global market. Countries such as the U.S. and Canada are driving the market growth owing to the increased demand for LEDs in household appliances, electronics, automotive, and others.

Europe is another prominent region due to the advancements in the defense and aerospace. The GaN-based ICs used in radar board enables efficient navigation and provides collision avoidance in the military, defense, and aerospace devices. The European Space Agency (ESA) has identified GaN as the ‘key enabling technology’ and has established program named GREAT2 for future technologies and innovations.

The Asia Pacific is anticipated to emerge as the fastest growing contributor to the market growth. The demand for efficient and high-performance RF components coupled with lower labor and production cost are the factors fueling the market growth in this region. The availability of a large number of raw material suppliers is another factor surging the market growth. Countries such as China, India, and Japan are the major contributor to this region.