The latest industry
intelligence report on the Gallium Nitride market performs a cautious
examination of the current business environment and competitive landscape of
the Gallium Nitride market for the forecast period, 2020 - 2027. For
stakeholders, field marketing executives and product owners planning to
maintain a competitive edge the market assessment report brings to light essential
impression about the growth rate, share and size of the industry during the
estimated period. Deep dive into an array of elements including but not limited
to the value proposition, product positioning, and targeting and industry
segmentation have been described through resources such as charts, tables, and
info graphics. The global gallium
nitride market is expected to be valued at USD
320.4 Million in 2027 from USD 69.3 Million in 2019, registering a CAGR of 20.8%
through the forecast period.
Read
more@ https://www.emergenresearch.com/industry-report/gallium-nitride-market
Key
Highlights of the Report:
·
In terms of application, the optoelectronics sub-segment
dominates the global gallium nitride market,
accounting for the largest market share. The growing deployment
of optoelectronic devices, such as LEDs, photodiodes, solar cells, and lasers,
in the automotive sector, increasing demand for advanced consumer electronics,
and the surging use of GaN in indoor and outdoor lighting solutions propel the
growth of this segment.
·
Among the key regional markets, the North
American gallium nitride market is expected to account for the most significant
revenue share over the projected period. Increasing applications of GaN
semiconductors in the consumer electronics,
automotive, aerospace, healthcare, and military & defense sectors of the
region boost the growth of the market in North America.
·
The leading market players include Mitsubishi
Chemical Corporation, DOWA Electronics Materials Co. Ltd., Infineon
Technologies, American Elements, IQE PLC, Cree Inc., Soitec, Furukawa Co. Ltd.,
Kyma Technologies Inc., and Nitride Semiconductors Co. Ltd.
·
In November 2020, Baseus, a renowned
consumer electronics brand in Germany, introduced its all-new
GaN series 120W charging heads. The
high-power charging plugs are specifically designed for charging
laptops of around 100W 20V/5A and are highly compatible with MacBook, HP, Dell,
and Lenovo laptops.
Emergen
Research has segmented the global gallium nitride market based on substrate
type, application, distribution channel, and region:
By Substrate Type (Revenue, USD
Billion; 2017-2027)
o GaN-on-Si
o GaN-on-SiC
o GaN-on-Sapphire
o Others
By Application (Revenue, USD
Billion; 2017-2027)
o Radio Frequency Devices
- Wireless Infrastructure
- Military & Defense
- Satellite Communication
- Others
o Power Electronics
- Electric Vehicles
- Power Supply
- Wireless Power
- LiDAR
- Envelope Tracking
- Servers & Data Centers
- Solar Photovoltaic Technology
- Others
o Optoelectronics
- LED
- LASER
- Others
By Distribution Channel (Revenue,
USD Billion; 2017-2027)
o Online
o Offline
By Region (Revenue,
USD Billion; 2017-2027)
o
North America
•
U.S.
•
Canada
o
Europe
•
Germany
•
U.K.
•
France
•
BENELUX
•
Rest of Europe
o
Asia Pacific
•
China
•
Japan
•
South Korea
•
Rest of Asia Pacific
o
Latin America
•
Brazil
•
Rest of Latin America
o
Middle East & Africa
•
Saudi Arabia
•
U.A.E.
•
Rest of Middle East & Africa



