GaN Power Devices Market - Global Industry Size, Share, Trends, Opportunities, and Forecast 2018-2028, Segmented By Device Type (Power Vs RF Power), By Voltage Range (<200 Volt, 200-600 Volt & >600 Volt), By Application (Power Drivers, Supply & Inverter & Radio Frequency), By End User (Telecommunication, Industrial, Automotive, Renewables, Consumer & Enterprise, Military Defense and Aerospace & Me
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGaN Power Devices Market - Global Industry Size, Share, Trends, Opportunities, and Forecast 2018-2028, Segmented By Device Type (Power Vs RF Power), By Voltage Range (<200 Volt, 200-600 Volt & >600 Volt), By Application (Power Drivers, Supply & Inverter & Radio Frequency), By End User (Telecommunication, Industrial, Automotive, Renewables, Consumer & Enterprise, Military Defense and Aerospace & Me
GaN Power Devices Market is expected to increase during the forecast period owing to the factors such as decreasing prices of GaN devices, growing use of wireless charging, and increasing sustainability of GaN in RF applications.
GaN (Gallium Nitride) is a composite semiconductor material used in next-generation power devices. It is anticipated to see wide adoption due to its enhanced properties over silicon devices, such as tremendous high-frequency characteristics. Moreover, due to its higher switching properties and lower ON resistance than silicon devices, GaN devices are projected to contribute to lower power consumption and greater miniaturization of various power supplies and the miniaturization of peripheral components.
Increase in Need to Enhance Battlefield Performance in Defense Industry
Improved awareness regarding various defense equipment, such as radar, satellite, and missiles, to improve battlefield functioning, is considered an essential factor for the defense sector. Therefore, a high level of integration is essential between radar communication systems and electronic warfare devices that are used in the military. The defense industry requires an enormously high level of long-term dependability for its missions. GaN power devices offers robust performance in critical environments for multiple applications including avionics systems, satellites, and combat vehicles. GaN power devices have majorly benefitted the defense industry owing to their high breakdown voltage and rapid heat dissipation capacity. In the military & defense sector, GaN material is primarily utilized in HEMT (High Electron Mobility Transistor), which is essential for high-frequency operations. Thus, the requirement for enhanced battlefield performance is likely to fuel the development of GaN power devices in the near future.
Increase in Installation of GaN Devices in Electric Vehicle
Power modules are a common feature of electric vehicles because they enable high voltage motor operation, which lowers current leakage between collector and emitter terminals and increases shifting frequency. Furthermore, power management devices are needed for the high voltage battery systems in both EVs and HEVs in order to handle the power from the battery to the motor drivers. As a result, there is an increase in the use of GaN devices, which in turn fuels market expansion. Additionally, the sales of electrical vehicles have significantly increased at this time. It is envisaged that this will present a profitable opportunity for market expansion.
Government Initiatives in HVDC and Smart Grid
High-voltage direct current (HVDC) electric power transmission systems and smart grids are two areas where GaN power devices are used. These have improved load balancing, a more flexible network topology, and real-time troubleshooting capabilities. High voltage can be controlled by power devices because it makes high frequency switching more effective. Modular multilevel converters (MMC), which reduce power loss, also employ power modules. In HVDC systems, converters using GaN power device modules are therefore frequently employed. Moreover, governments of many nations, including China, Japan, and the US, make significant investments in smart grid technology to upgrade their electrical networks. Therefore, it is expected that all of these factors will significantly fuel the expansion of the Global GaN Power Devices Market.
Market Segments
Global GaN Power Devices Market is segmented on the basis of device type, voltage range application, end user, and region. Based on device type, the market is further segmented into power vs RF power. Based on voltage range, the market is segmented into <200 Volt, 200-600 Volt & >600 Volt. Based on application, the market is segmented into power drivers, supply & inverter & radio frequency. Based on end user, the market is segmented into telecommunication, industrial, automotive, renewables and others.
Market Players
Recent Developments
In 2022, Gallium Semiconductor has unveiled its broad portfolio of RF power transistor products at the European Microwave Week 2022 Conference. Gallium Semiconductor is showcasing a wide variety of GaN solutions for 5G infrastructure, aerospace and defense, public safety, and industrial, scientific, and medical applications.
In July 2022, GaN Systems, Inc. and PowerSphyr Inc. provides industrial and automotive customers with an easy path to obtaining the most compact wireless power solutions with industry-leading performance and affordability. This is paired with new and increased levels of customer service and support.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2022 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | By Device Type By Voltage Range By Application By End User By Region |
| Regional Scope | North America, Europe, Asia-Pacific, South America, Middle East & Africa |
| Country scope | United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, China, Japan, South Korea, Australia, India, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iraq, South Africa |
| Key companies profiled | Efficient Power Conversion Corporation, NXP Semiconductors, GaN Systems, Wolfspeed, Inc., Infineon Technologies AG, EPISTAR Corporation, Rohm Co., Ltd., On Semiconductor Corporation, Qorvo, Inc, MACOM Technology Solutions Holdings Inc |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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