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Gallium Nitride (GaN) Semiconductor Devices Market Is Anticipated to Witness Higher Demands Till 2025

The growing applications of GaN in a wide variety of semiconductor devices are expected to augment the market growth. Additionally, the rapid technological advancements in performance of GaN-based semiconductors are anticipated to further promote the gallium nitride (GaN) semiconductor devices market growth.<br>

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Gallium Nitride (GaN) Semiconductor Devices Market Is Anticipated to Witness Higher Demands Till 2025

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  1. Gallium Nitride Semiconductor Devices Market Worth $4.3 Billion By 2025 | Grand View Research, Inc “The growing applications of GaN in a wide variety of semiconductor devices are expected to augment the market growth. Additionally, the rapid technological advancements in performance of GaN-based semiconductors are anticipated to further promote the gallium nitride (GaN) semiconductor devices market growth.” The global gallium nitride (GaN) semiconductor devices market is expected to reach USD 4.37 billion by 2025, according to a new study by Grand View Research, Inc. The growing applications of GaN in a wide variety of semiconductor devices are expected to augment the market growth. Additionally, the rapid technological advancements in performance of GaN-based semiconductors are anticipated to further promote the market growth. GaN is rapidly replacing the existing silicon technology has become the preferred choice for power semiconductor applications. Various properties, such as high breakdown voltage, wider band gap, large critical electric field, and high thermal conductivity, enable GaN devices to operate at higher voltages, high-power density, and high switching frequencies and to offer improved power efficiency over pure silicon-based devices. Benefits, such as high-temperature tolerance, thermal conductivity, and power density, offered by GaN-based semiconductors are promoting their application in the defense industry. Moreover, the growing expenditure and investment in the defense sectors of developed as well as developing countries are presumed to further drive the Follow Us:

  2. industry growth. Moreover, the growing demand for Internet-of-Things (IoT) is increasing the demand for GaN-based semiconductor devices, due to additional benefits, such as wider bandgap, large electric filed, and high breakdown voltage, offered by them. To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/gan-gallium-nitride-semiconductor-devices-marketFurther key findings from the study suggest: • The GaN radio frequency devices segment is expected to grow at the highest CAGR 20.4% from 2017 to 2025. This can be primarily attributed to the growing demand for these products in varied applications across automotive, healthcare, consumer electronics, and defense & aerospace sectors, among others. • The 6 inch wafer segment is anticipated to experience grow with the highest CAGR of 21.8% from 2017 to 2025, owing to the benefit of precise current control and voltage supply. • Asia Pacific regional market is anticipated to emerge as the fastest growing region, owing to the surge in demand for efficient and high-performance RF components Follow Us:

  3. • The key industry participants include NexGen Power Systems, Inc., GaN Systems, Inc., Fujitsu Ltd., Toshiba Corporation, Qorvo, Inc., Cree, Inc., Efficient Power Conversion Corporation, Inc., and NXP Semiconductor N.V., among others View more reports of this category by Grand View Research at www.grandviewresearch.com/industry/emerging-and-next-generation-technologies Grand View Research has segmented the global Gallium Nitride (GaN) Semiconductor Devices market based on products, wafer sizes, applications, and regions: Product Scope (Revenue, USD Million; 2014 - 2025) • GaN Radio Frequency Devices • Opto-semiconductors • Power Semiconductors Wafer Scope (Revenue, USD Million; 2014 - 2025) • 2 inch • 4 inch • 6 inch • 8 inch Application Outlook (Revenue, USD Million; 2014 - 2025) • Automotive • Consumer Electronics • Defense & Aerospace • Healthcare Follow Us:

  4. • Information & Communication Technology • Industrial & Power • Others Regional Outlook (Revenue, USD Million; 2014 - 2025) • North America o U.S. oCanada • Europe oUK o Germany • Asia Pacific o China oJapan o India • Latin America o Brazil • Middle East & Africa (MEA) Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-gan-gallium-nitride-semiconductor-devices-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market Follow Us:

  5. intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For More Information: www.grandviewresearch.com Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email:sales@grandviewresearch.com For More Information:http://www.grandviewresearch.com Follow Us:

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