NEW YORK, July 13, 2023 /PRNewswire/ — The gallium nitride (GaN) semiconductor devices market size is estimated to grow by USD 5,257.11 million from 2022 to 2027, at a CAGR of 24.5%, according to Technavio.The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors, including Efficient Power Conversion Corp., Fujitsu Ltd., Infineon Technologies AG, Microchip Technology Inc., Mitsubishi Electric Corp., Nexgen Power Systems Inc., Nichia Corp., Nippon Telegraph and Telephone Corp., Northrop Grumman Systems Corp., NXP Semiconductors NV, OSRAM GmbH, Panasonic Holdings Corp., Texas Instruments Inc., Toshiba Corp., Wolfspeed Inc., Qorvo Inc., Transphorm Inc., and MACOM Technology Solutions Holdings Inc.
Gallium Nitride (GaN) Semiconductor Devices Market Insights –
- Vendors: 15+, Including Efficient Power Conversion Corp., Fujitsu Ltd., Infineon Technologies AG, Microchip Technology Inc., Mitsubishi Electric Corp., Nexgen Power Systems Inc., Nichia Corp., Nippon Telegraph and Telephone Corp., Northrop Grumman Systems Corp., NXP Semiconductors NV, OSRAM GmbH, Panasonic Holdings Corp., Texas Instruments Inc., Toshiba Corp., Wolfspeed Inc., Qorvo Inc., Transphorm Inc., and MACOM Technology Solutions Holdings Inc.., among others
- Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
- Segments: Product (Opto semiconductors and Power semiconductors), End-user (Defense and aerospace, Consumer electronics, ICT, Automotive, and Industrial and others), and Geography (APAC, North America, Europe, South America, and the Middle East and Africa)
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Gallium nitride (GaN) semiconductor devices market – Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –
- Key purchase criteria
- Adoption rates
- Adoption lifecycle
- Drivers of price sensitivity
- For highlights on customer landscape analysis, download a sample!
Key Gallium Nitride (GaN) Semiconductor Devices Market Drivers
The major factor notably driving the market growth is the increase in demand for GaN semiconductor devices. GaN is a semiconductor material with superior electrical properties and has replaced conventional materials in power electronics and RF components. The adoption of GaN has increased by the rising demand for high-speed data transfer and high-frequency RF communication. Also, its energy-efficient power electronics are ideal for EVs, solar inverters, and data centers. Moreover, GaN-based power management devices cater to the rising demand for portable devices. GaN-based laser diodes are gaining popularity in medical applications and also military and aerospace sectors get advantages from GaN’s reliability and durability. Therefore, such factors are expected to drive market growth during the forecast period.
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The gallium nitride (GaN) semiconductor devices market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.
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What are the key data covered in this Gallium Nitride (GaN) Semiconductor Devices Market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the gallium nitride (GaN) semiconductor devices market between 2023 and 2027
- Precise estimation of the gallium nitride (GaN) semiconductor devices market size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Growth of the gallium nitride (GaN) semiconductor devices market across APAC, North America, Europe, South America, and the Middle East and Africa
- A thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of gallium nitride (GaN) semiconductor devices market vendors
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Gallium Nitride (GaN) Semiconductor Devices Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 24.5% |
Market growth 2023-2027 |
USD 5,257.11 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
20.5 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 64% |
Key countries |
US, China, Japan, South Korea, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Efficient Power Conversion Corp., Fujitsu Ltd., Infineon Technologies AG, Microchip Technology Inc., Mitsubishi Electric Corp., Nexgen Power Systems Inc., Nichia Corp., Nippon Telegraph and Telephone Corp., Northrop Grumman Systems Corp., NXP Semiconductors NV, OSRAM GmbH, Panasonic Holdings Corp., Texas Instruments Inc., Toshiba Corp., Wolfspeed Inc., Qorvo Inc., Transphorm Inc., and MACOM Technology Solutions Holdings Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global gallium nitride (GaN) semiconductor devices market 2017 – 2021
- Exhibit 18: Historic Market Size – Data Table on Global gallium nitride (GaN) semiconductor devices market 2017 – 2021 ($ million)
- 4.2 Product Segment Analysis 2017 – 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 – 2021 ($ million)
- 4.3 End-user Segment Analysis 2017 – 2021
- Exhibit 20: Historic Market Size – End-user Segment 2017 – 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 – 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)
- 4.5 Country Segment Analysis 2017 – 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition – Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product – Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product – Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 Opto semiconductors – Market size and forecast 2022-2027
- Exhibit 34: Chart on Opto semiconductors – Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Opto semiconductors – Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Opto semiconductors – Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Opto semiconductors – Year-over-year growth 2022-2027 (%)
- 6.4 Power semiconductors – Market size and forecast 2022-2027
- Exhibit 38: Chart on Power semiconductors – Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Power semiconductors – Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Power semiconductors – Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Power semiconductors – Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Product
- Exhibit 42: Market opportunity by Product ($ million)
- Exhibit 43: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 44: Chart on End-user – Market share 2022-2027 (%)
- Exhibit 45: Data Table on End-user – Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 46: Chart on Comparison by End-user
- Exhibit 47: Data Table on Comparison by End-user
- 7.3 Defense and aerospace – Market size and forecast 2022-2027
- Exhibit 48: Chart on Defense and aerospace – Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Defense and aerospace – Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Defense and aerospace – Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Defense and aerospace – Year-over-year growth 2022-2027 (%)
- 7.4 Consumer electronics – Market size and forecast 2022-2027
- Exhibit 52: Chart on Consumer electronics – Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Consumer electronics – Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Consumer electronics – Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Consumer electronics – Year-over-year growth 2022-2027 (%)
- 7.5 ICT – Market size and forecast 2022-2027
- Exhibit 56: Chart on ICT – Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on ICT – Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on ICT – Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on ICT – Year-over-year growth 2022-2027 (%)
- 7.6 Automotive – Market size and forecast 2022-2027
- Exhibit 60: Chart on Automotive – Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Automotive – Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Automotive – Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Automotive – Year-over-year growth 2022-2027 (%)
- 7.7 Industrial and others – Market size and forecast 2022-2027
- Exhibit 64: Chart on Industrial and others – Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Data Table on Industrial and others – Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Chart on Industrial and others – Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Industrial and others – Year-over-year growth 2022-2027 (%)
- 7.8 Market opportunity by End-user
- Exhibit 68: Market opportunity by End-user ($ million)
- Exhibit 69: Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 71: Chart on Market share by geography 2022-2027 (%)
- Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison
- 9.3 APAC – Market size and forecast 2022-2027
- Exhibit 75: Chart on APAC – Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on APAC – Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on APAC – Year-over-year growth 2022-2027 (%)
- 9.4 North America – Market size and forecast 2022-2027
- Exhibit 79: Chart on North America – Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on North America – Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on North America – Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on North America – Year-over-year growth 2022-2027 (%)
- 9.5 Europe – Market size and forecast 2022-2027
- Exhibit 83: Chart on Europe – Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on Europe – Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Europe – Year-over-year growth 2022-2027 (%)
- 9.6 South America – Market size and forecast 2022-2027
- Exhibit 87: Chart on South America – Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on South America – Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on South America – Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on South America – Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa – Market size and forecast 2022-2027
- Exhibit 91: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
- 9.8 China – Market size and forecast 2022-2027
- Exhibit 95: Chart on China – Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on China – Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on China – Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on China – Year-over-year growth 2022-2027 (%)
- 9.9 US – Market size and forecast 2022-2027
- Exhibit 99: Chart on US – Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on US – Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on US – Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on US – Year-over-year growth 2022-2027 (%)
- 9.10 Japan – Market size and forecast 2022-2027
- Exhibit 103: Chart on Japan – Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Japan – Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Japan – Year-over-year growth 2022-2027 (%)
- 9.11 South Korea – Market size and forecast 2022-2027
- Exhibit 107: Chart on South Korea – Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on South Korea – Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on South Korea – Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on South Korea – Year-over-year growth 2022-2027 (%)
- 9.12 Germany – Market size and forecast 2022-2027
- Exhibit 111: Chart on Germany – Market size and forecast 2022-2027 ($ million)
- Exhibit 112: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
- Exhibit 113: Chart on Germany – Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on Germany – Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 115: Market opportunity by geography ($ million)
- Exhibit 116: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 120: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 121: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification
- 12.3 Efficient Power Conversion Corp.
- Exhibit 123: Efficient Power Conversion Corp. – Overview
- Exhibit 124: Efficient Power Conversion Corp. – Product / Service
- Exhibit 125: Efficient Power Conversion Corp. – Key offerings
- 12.4 Fujitsu Ltd.
- Exhibit 126: Fujitsu Ltd. – Overview
- Exhibit 127: Fujitsu Ltd. – Business segments
- Exhibit 128: Fujitsu Ltd. – Key news
- Exhibit 129: Fujitsu Ltd. – Key offerings
- Exhibit 130: Fujitsu Ltd. – Segment focus
- 12.5 Infineon Technologies AG
- Exhibit 131: Infineon Technologies AG – Overview
- Exhibit 132: Infineon Technologies AG – Business segments
- Exhibit 133: Infineon Technologies AG – Key news
- Exhibit 134: Infineon Technologies AG – Key offerings
- Exhibit 135: Infineon Technologies AG – Segment focus
- 12.6 MACOM Technology Solutions Holdings Inc.
- Exhibit 136: MACOM Technology Solutions Holdings Inc. – Overview
- Exhibit 137: MACOM Technology Solutions Holdings Inc. – Product / Service
- Exhibit 138: MACOM Technology Solutions Holdings Inc. – Key news
- Exhibit 139: MACOM Technology Solutions Holdings Inc. – Key offerings
- 12.7 Nexgen Power Systems Inc.
- Exhibit 140: Nexgen Power Systems Inc. – Overview
- Exhibit 141: Nexgen Power Systems Inc. – Product / Service
- Exhibit 142: Nexgen Power Systems Inc. – Key offerings
- 12.8 Nippon Telegraph and Telephone Corp.
- Exhibit 143: Nippon Telegraph and Telephone Corp. – Overview
- Exhibit 144: Nippon Telegraph and Telephone Corp. – Business segments
- Exhibit 145: Nippon Telegraph and Telephone Corp. – Key offerings
- Exhibit 146: Nippon Telegraph and Telephone Corp. – Segment focus
- 12.9 Northrop Grumman Systems Corp.
- Exhibit 147: Northrop Grumman Systems Corp. – Overview
- Exhibit 148: Northrop Grumman Systems Corp. – Business segments
- Exhibit 149: Northrop Grumman Systems Corp. – Key news
- Exhibit 150: Northrop Grumman Systems Corp. – Key offerings
- Exhibit 151: Northrop Grumman Systems Corp. – Segment focus
- 12.10 NXP Semiconductors NV
- Exhibit 152: NXP Semiconductors NV – Overview
- Exhibit 153: NXP Semiconductors NV – Product / Service
- Exhibit 154: NXP Semiconductors NV – Key news
- Exhibit 155: NXP Semiconductors NV – Key offerings
- 12.11 OSRAM GmbH
- Exhibit 156: OSRAM GmbH – Overview
- Exhibit 157: OSRAM GmbH – Business segments
- Exhibit 158: OSRAM GmbH – Key offerings
- Exhibit 159: OSRAM GmbH – Segment focus
- 12.12 Panasonic Holdings Corp.
- Exhibit 160: Panasonic Holdings Corp. – Overview
- Exhibit 161: Panasonic Holdings Corp. – Business segments
- Exhibit 162: Panasonic Holdings Corp. – Key news
- Exhibit 163: Panasonic Holdings Corp. – Key offerings
- Exhibit 164: Panasonic Holdings Corp. – Segment focus
- 12.13 Qorvo Inc.
- Exhibit 165: Qorvo Inc. – Overview
- Exhibit 166: Qorvo Inc. – Business segments
- Exhibit 167: Qorvo Inc. – Key news
- Exhibit 168: Qorvo Inc. – Key offerings
- Exhibit 169: Qorvo Inc. – Segment focus
- 12.14 Texas Instruments Inc.
- Exhibit 170: Texas Instruments Inc. – Overview
- Exhibit 171: Texas Instruments Inc. – Business segments
- Exhibit 172: Texas Instruments Inc. – Key news
- Exhibit 173: Texas Instruments Inc. – Key offerings
- Exhibit 174: Texas Instruments Inc. – Segment focus
- 12.15 Toshiba Corp.
- Exhibit 175: Toshiba Corp. – Overview
- Exhibit 176: Toshiba Corp. – Business segments
- Exhibit 177: Toshiba Corp. – Key news
- Exhibit 178: Toshiba Corp. – Key offerings
- Exhibit 179: Toshiba Corp. – Segment focus
- 12.16 Transphorm Inc.
- Exhibit 180: Transphorm Inc. – Overview
- Exhibit 181: Transphorm Inc. – Product / Service
- Exhibit 182: Transphorm Inc. – Key offerings
- 12.17 Wolfspeed Inc.
- Exhibit 183: Wolfspeed Inc. – Overview
- Exhibit 184: Wolfspeed Inc. – Business segments
- Exhibit 185: Wolfspeed Inc. – Key offerings
- Exhibit 186: Wolfspeed Inc. – Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 187: Inclusions checklist
- Exhibit 188: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 189: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 190: Research methodology
- Exhibit 191: Validation techniques employed for market sizing
- Exhibit 192: Information sources
- 13.5 List of abbreviations
- Exhibit 193: List of abbreviations
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