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MarketsandMarkets Presents Gallium Nitride Semiconductor Materials Market http://www.marketsandmarkets.com/Market-Reports/gallium-nitride-gan-semiconductor-materials-devices-market-698.html
The GaN power semiconductors market is expected to reach $12.60 million by the end of 2012. The phenomenal growth rate of approximately 60 to 80% year-on-year is expected to continue for the following years. The forecasted revenue for GaN power semiconductors is $1.75 billion by end of 2022 (after 10 years) at an explosive CAGR of 63.78% from 2012 to 2022. Apart from power semiconductors, GaN is predominantly used in optosemiconductors, for LEDs and laser diodes. The total GaN semiconductors (including both, power and optosemiconductors) market revenue is expected to reach $2.6 billion by 2022. Browse >> Browse more than 200 market data tables & figures49 figures spread through 466 In-depth TOC on “Gallium Nitride Semiconductor Materials Market“ http://www.marketsandmarkets.com/Market-Reports/gallium-nitride-gan-semiconductor-materials-devices-market-698.html
GaN Semiconductors Market Revenue Shares by Application Sectors, 2011 & 2022 Source: MarketsandMarkets Analysis http://www.marketsandmarkets.com/Market-Reports/gallium-nitride-gan-semiconductor-materials-devices-market-698.html
The specific sub sector of semiconductors & electronics where GaN-based semiconductors & electronics have an edge over normal Si-based counterparts is ”Power Semiconductors & Electronics” and in terms of end-user application sectors (verticals), the two major upcoming sectors facilitating demand for GaN semiconductor devices are Industrial & Power sector and ICT sector. The ICT sector has found use for GaN power discretes, particularly transistors in power amplification, rectification, and high-frequency switching. http://www.marketsandmarkets.com/Market-Reports/gallium-nitride-gan-semiconductor-materials-devices-market-698.html
GaN has turned out to be the choice for most of the power semiconductor applications and is quickly replacing the existing silicon technology. The various properties of GaN such as wider band gap, high break-down voltage, larger critical electric field, and higher thermal conductivity let the GaN devices operate at higher voltages, high switching frequencies, handle higher power density, and offer enhanced power efficiency than the pure Si devices. These properties allow the GaN discretes like Schottky diodes, FETs, HEMTs and the other advanced transistors to operate efficiently at much higher voltage levels, exceeding the limits of counterpart Si devices. GaN power semiconductors also help in reducing the conduction and switching losses, thereby offering higher efficiency in electronic systems. The major application segments of GaN power semiconductors currently are the inverters (& converters), RF devices, power supply modules and motor drives being used across all the end user sectors. http://www.marketsandmarkets.com/Market-Reports/gallium-nitride-gan-semiconductor-materials-devices-market-698.html
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About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/gallium-nitride-gan-semiconductor-materials-devices-market-698.html